Sports betting are a universal phenomenon and it is projected that the industry is worth over $700bn – $1tn globally. And the most visited sports betting sites are that of football betting which continue to grow year on year. Thus I will be focusing on football betting. Many are resolved in believing the possibility of winning a football bets is largely, if not entirely base on luck. Thus sees winners as just been lucky but research has proven that those that succeed in betting are those that carefully evaluate the odds. I will be sharing my little knowledge on how to improve on our betting skills.
How does betting odds predict the outcome of games ?
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The first thing you see whenever you try to bet few dollars is a wide range of confusing numbers in front of you. This numbers are called “odds” and this odd predicts the probabilities of each possible outcome in a match. The higher the odds, the less probable that particular event is.
Take the Real Madrid vs Roma match as an example. Since the probability of Real Madrid winning is higher, the odd against winning is just 1.44. A draw which is very unlikely has odds of 4.75. And for AS Roma to win, which is almost totally impossible is 7.00. What this simply means is that if you put $1 on Madrid to win, you get $1.44 in return. For the game to end draw, you get $4.75. And for Roma to you get $7. So every amount you put is multiplied by the odd. Therefore winning bets on unlikely events (like Roma win) gets you higher returns.
Team Form.
Before you put your penny on a team you must consider the present strength of the team. This can be done by analyzing the defense, attack, away and home form of the team. Let’s use Manchester city as an example.
- Defense (Home Form )
If their next game is going to be at home, you must consider how the team has been doing in their previous games at home. You simply divide the number of goals conceded at home by the number of games played at home. City has conceded 20 goals from 26 games at the Etihad stadium from all competitions this season.
- Attack (Home Form)
A team that has prolific strikers will surely score goals when the chances arise. Always check how the strikers cope at home or away. Manchester city has played 13 games at home this season from all competition and has scored 39 goals
The above statistics shows that Manchester city score an average of 3 goals at home this season. Also if the team you want bet on is playing away, it is also important you analyze their away strength using the above method.
- Defense (Away Form).
A team might be playing a very attractive football in front of their home fans but put on a very shabby performance away from home vis-à-vis. Still using our above example, Manchester city away form will be analyzed.Manchester city has played 11 away games and their defense has conceded 10 goals.
The stat shows Manchester City are likely to concede away than at home
- Attack (Away Form)
From our finding we saw that strikers of Manchester City score at least 3 goals at Home per match, we have to also check how prolific their attack is away from their fortress in order to predict more accurately. The attack of Manchester City has scored 23 goals from 11 away games.
We can see that the attack of Manchester City is relatively a good bet it home or away.
Conclusion
Before you put your penny on any team make sure you painstakingly do a background check on the current form of both teams in order to accurately predict the outcome of the match. Also avoid these simple mistakes.
- Don’t bet on leagues or teams you don’t have any knowledge about.
- Stick to betting on league matches as team form can easily be consistent.
- Do not bet all the matches at beginning of the season. It is very to review the current form of teams.
- Avoid outside influence, always stick to your analyses decisions.
- You can only get better when you learn from your mistake or experience.
- Bet only what you can afford, avoid over confidence because football is full of unpredictability.
Good luck guys.
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