Whether you’re a novice in football betting or seeking to enhance your betting expertise, these fundamental principles will equip you with the necessary knowledge to place successful bets on football tournaments and games with Singapore sportsbooks. By mastering these basics, you will be more adept at navigating the realm of football betting and improving your likelihood of making well-informed and strategic wagers.
The Most Frequently Used Types of Football Bets
Point Spreads
A point spread is a well-liked method of betting on football. It displays each team with a handicap denoted by a (+) or (-) symbol, commonly known as the ‘line’. To win a point spread bet, you need to predict the winner of a game while considering the line adjustment to the final score. If New Orleans is predicted to win over Tampa Bay with a spread of -7.5, they must win by at least 8 points for you to successfully cover the spread and win the bet.
Moneylines
Betting on the moneyline involves selecting the team that you believe will win the game. Each team is assigned odds, which reflect their likelihood of winning. The team that is heavily favored to win will have lower odds and a smaller payout. Conversely, the team that is considered an underdog will have higher odds and a potentially larger payout if they manage to win.
Over/Unders
This type of bet is often referred to as “Totals” or “O/U” (Over/Under). The oddsmakers will set a specific number based on their prediction of the total points that will be scored in the game. Your task is to bet on whether you believe the combined final score will be higher or lower than that number. For example, if the O/U for the game between Green Bay and Chicago is set at 47.5, you will need a total of 48 or more points scored in order to win the over bet, and a maximum of 47 points scored to win the under bet.
Parlays
This is placing a bet on multiple outcomes to occur. To win, all outcomes within the parlay must be selected correctly. For example, if you parlay $100 on New York and Pittsburgh, you’ll need both teams to be victorious to win your bet. Given that you need to be correct on each wager in the entire stake, parlays are one of the riskier football betting types, but offer greater rewards. At DraftKings Sportsbook, you can parlay all sorts of outcomes together across events, not just moneylines and spreads, but also any prop bets, futures and more.
Futures
Future bets are readily accessible for forthcoming occasions, such as forecasting the league champion or the MVP. In case you have confidence in Philadelphia winning the Super Bowl, placing a $100 bet with +800 odds could potentially yield a profit of $800 if they emerge victorious. These future bets are made available well in advance of the season and are consistently adjusted as events unfold.
Prop Bets
There are multiple betting choices accessible for upcoming events, like forecasting the league champion or the MVP. If you have confidence that Philadelphia will emerge victorious in the Super Bowl, you can risk $100 on them with odds of +800. In the event that they do win the Lombardi Trophy, you would receive a payout of $800. These future bets are made available well before the season begins and the odds are modified as the season unfolds.
Live/In-Game Betting
This type of bet provides an opportunity to place bets while a game is in progress, allowing you to take advantage of constantly changing odds. For instance, if the sports team performs exceptionally well in the opening quarter, you can place a wager on them to secure a victory and potentially earn lucrative rewards.
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