Betting on football can take various different formats, some have high risks and potentially make it possible for you to win lots, some are less risky but with one of these you’re less likely to win as much. Researching the market to ensure you know what you are betting on and that you understand the betting terms is very important as it will help you understand your prospects of winning.
Here are some of the different types of bet which are available to you:

A win bet is the simplest form of betting, you bet on something definitive and positive to happen. For example Team A to win the game. This will likely apply to championships and matches of course.

An each way bet is where you make two predictions. One for somebody to win, and one for them to nearly win. This is more applicable to aspects such as horse racing where you can find more than two potential winners so you could place an each way bet for horse A to win or to place.

A lay bet is where you bet on something to lose. So if you lay a team, you are betting that they won’t win.

An accumulator bet is where you make a series of bets and if each one goes the way you want it to, your stake plus the winnings from each element of the bet are put forward onto the next bet. This really is how some individuals seem to turn an extremely small stake in to a large winning.

Looking at the form of your team can be very important which ever type of bet you are looking at placing, as is looking at what has happened to their players. Should they have been having a winning streak it might look good at first glance, but if they’re star player got injured within their last match and is out for the rest of the season then the bet for them to win might not be as good as it looks at first glance.

It’s also very important to think about how much you may afford to lose as well. Being confident that you’ve made all the right choices is great, but there is still the possibility that you could get it wrong and so it is vital to ensure that you aren’t risking more than you can afford to whenever you decide on your stake (A stake will be the amount that you risk losing when you place the bet).

Odds will vary based on the kind of bet you are placing and on the previous form of the team or player you are betting on. A team that’s doing well will probably elicit odds that are not as good as a team that is say lost all it’s matches so far this season. It’s going to also partly depend on the team they can be playing against, as well as the status of all their players also, the main reason because of this is that they may be more more likely to have to pay you if you bet on a team that is more likely to win so the odds will be closer to the evens or 2/1 end of the scale, where as a team that’s not been doing well and best gambling it has it’s star player out of action and is playing against a team that’s top of the league is much less likely to win therefore you could improve odds if you bet on them to win.