As a resident of the UK, I feel a little guilty that the football season has just got underway. However, a recent bet I made on the new UK Premier League season has filled me with glee! This article is going to tell you everything you need to know about placing a bet on the premier league, including some tips on how to maximize your winnings. So, read on to find out more.
The History Of UK Football (And Why You Should Care)
As I’ve already alluded to, the Premier League is the most recent addition to the sports world in the UK. Formed in 1993, it originally consisted of the top flight of English football, the First Division and the Second Division. In the following years, as football became more global, a few other countries jumped on the bandwagon and the Premier League expanded to include teams from Scotland, Wales, and Northern Ireland as well as England. The UK has always been a hotbed of footballing talent and the Premier League has been no exception, with household names such as David Beckham, Robbie Fowler, and Paul Gascoigne lighting up the pitch for some of the world’s biggest clubs.
The Basics Of Placing A Bet On The UK Premier League
To place a bet on the UK Premier League you’ll need to do a bit of research into how football match betting works in general and then tailor your approach to suit the specific quirks of the English Premier League. The good news is that the majority of the rules are more or less the same across most European countries. Here’s a run down of what you need to know.
- Matches to be played
- Fixed Odds
- Margin limits
- Corresponding betting exchange
The Difference In Fixed Odds And Sure Wagers
If you follow football betting at all, you’ll know that there’s a big difference between fixed odds betting and sure wagers. The former is where you lay a fixed stake on an outcome and the latter is where you lay a flat sum on each goal scored in an upcoming football match, even if you don’t care who scores or how many goals are scored. It’s always better to bet on sure wagers as you’re not committed to anything and can change your mind if the bet doesn’t come off. That way you’re not risking your hard-earned cash on something you’re not certain of.
Fixed Odds Betting Worked Well In The Past, But Now It’s Different
Fixed odds betting has always been around, with the most recent incarnation being formed when the English Football League went through a rough patch in the early 90s and needed some help financially. The good old fixed odds betting market worked pretty well back in those days and still does to an extent. It’s just that this type of betting has slowly fallen out of favor due to three main factors.
- It’s getting harder to pick winning teams because of the growing talent pool
- The increasing use of technology in the coverage of matches
- The shrinking margins associated with fixed odds betting
How Margins Have Shrunk
The margins associated with betting on football have gotten so slim that bookmakers have to employ a lot of people just to handle the small bets that are currently available. For example, if you’re betting on a fixture between two lower league teams, the minimum bet is £2.50 and the maximum is £6. If you were to place a £10 stake on the game, the bookmaker would take a £2.50 bite out of it.
How The Coverage Of Matches Has Increased
Just between you and me, I think the coverage of football matches has increased exponentially in the last 10 years. As I’ve already alluded to, the Premier League is the most recent addition to the sports world in the UK and has been rapidly expanding in both popularity and competitiveness. As a result, you might be seeing a bit more coverage of football matches than usual, which includes more goals and, consequently, more betting opportunities. The good news for you is that you might actually be able to profit from this, as there’s a lot more competition for your cash these days. The bad news is that if you’re not careful, you might get taken for a ride by a fraudulent bookmaker, who will happily eat into your winnings with charges of around £10 per transaction, plus expenses.
Which Exchange To Use
There are a number of UK-based betting exchanges that you can use and I would recommend depositing your funds with one of the big guns, such as Paddle, BetVictor, or Blue Square. It’s also important to keep in mind that not all betting exchanges are created equal and it’s something of a crap shoot as to which one you should land on. For the purposes of this article, we’ll assume that you’ve deposited £100 with Paddle, which is a well-established and trusted provider of online betting exchanges.
Where Can I Bet?
Nowadays, you can bet pretty much anywhere you like. The internet has opened up the world of betting to individuals from all over the globe and, as a result, there’s no limit to where you might get your odds. However, for the purposes of this article, let’s assume that you want to bet on the upcoming season’s games of the English Premier League, which are scheduled to start on Saturday, August 11th, 2020 and finish on May 14th, 2021. You can follow the links below to access the odds for each game.
- English Premier League season 2021 – Odds as of August 12th, 2020
- Premier League season 2021 – Odds as of August 12th, 2020
- Premier League 2021 – Odds as of August 12th, 2020
- Premier League 2021 – Odds as of August 12th, 2020
How Do I Place A Bet?
Ok, here’s where it gets a little tricky. It’s not actually that complicated, it’s just that there are a number of rules that you have to keep in mind. First of all, make sure you’re actually placing a bet. Double check by either contacting the bookmaker on the phone or via live chat to make sure that they’re willing to take your bet. It’s also advisable to read the T&Cs (terms and conditions) before you place a bet to ensure that you’re not getting yourself in trouble by violating any of the rules. Once you’re satisfied that you’re actually placing a bet, it’s time to move on to the next step.
What Are The Most Popular Sports?
In the UK, the most popular sports are cricket, rugby, golf and horse racing, which is not too surprising when you consider that these are the nation’s favorite pastimes. However, it’s not just the number of followers that these sports enjoy, but the volume of wagers as well. For example, in 2019, there were a total of 7,097,600 bets placed on cricket, which accounts for nearly a tenth of all the sports betting in the UK.
How Does Match Betting Work?
Now that we’ve established that you know what kind of sports are popular in the UK and how to place a bet on them, let’s take a quick trip down memory lane and show you how the game used to be played before all these technological advancements.
The traditional way of doing things is referred to as “off-course betting” and works like this: The members of a bookmakers’ forum put their money where their mouth is and wager on the outcome of an upcoming sporting event, with the winner being the team that scores the most goals, or the one that scores the most points in a football match for instance.