For those of you who are just waking up and are wondering what the betting odds are like these days, let’s take a look. The world of football betting has changed a lot in the past year and a lot of people are struggling to keep up. When placing a bet on a football match, you will typically be presented with odds that are adjusted to take into account the previous results of the game. For instance, if you bet on Manchester City to win at 4-1 odds, then the implied odds are 3-1, as there’s a 33% chance they will win the game.
If you’re new to betting or just want to stay well-informed about the latest odds, then check out this article concerning what +1000 in football betting means.
The Significance of The +1000 Marker
In most cases when you place a bet on a football match, you will be presented with a +1000 marker to show the initial betting line. This is more than likely because the sport is such a popular one and there’s a lot of money to be made. If you’re just joining the betting fray then you may not be aware of what the +1000 marker means. Essentially, when placing a bet, the betting venue will set the line for the game according to what’s most beneficial for them. If you decide to place a bet with Bet365 for instance, one of the first things that will happen is that they will contact the referee and demand that a certain number of goals be scored in order to satisfy your wager. After this, they will adjust the line and present you with a new, modified set of odds:
- The line, or spread, is the most popular option with betting venues because it allows them to take a small amount of risk while still making money off the excitement of the game.
- The over/under is the second most common line because it requires the oddsmaker to set a single number for the total amount of goals to be scored in the match. For example, if you bet £100 on Manchester City to win the match 3-1, then the over/under will be 3 goals.
- Tie games are common in football, especially early in the season. With both teams having an equal amount of points, there’s no clear-cut winner. This is why in a situation like this, the betting line for the game is sometimes set at even money or close to it. You may also see this type of line when there’s only one team left in the competition and they are fighting for the championship.
- As the season goes on and the competition heats up, the betting lines often get more and more outrageous because there’s generally more money to be made. You may see some games with lines that are as high as 11-1 or 12-1.
Why Are The Odds So High?
When betting on football, the odds will almost always be very high because there’s a lot of money to be made. The fact that the season is long and there’s plenty of excitement means that people will keep betting on the matches throughout the season. This is why when you see lines like 10-1, 11-1 or 12-1 for a game at almost any level, you should be very much tempted to place a bet on that game. The longer the odds stay the same or increase, the more that people will keep betting on the game because they think it’s safe to do so; this is especially true for tie games where no team has a clear advantage over the other.
At the top-flight, the clubs are able to attract bigger wages and better players which means more goals and more exciting games, which in turn means more money for the betting houses. If you want to make some quick cash, then you might want to consider following the example of the top-flight and get involved in some high-level betting today. You may find that the odds are very favourable indeed and it’s easy money.
When betting on football, you will see lots of numbers with a + symbol next to them. This is because most betting venues will set the line according to what’s most beneficial for them or adjust the line when there’s a considerable amount of action on a particular game. If you’re just joining the betting fray then it might be a good idea to begin at a lower level and build up your bankroll. There’s plenty of exciting matches at all levels throughout the season and you may find that the longer the odds stay the same or increase, the more people will be tempted to place a bet on those games.