Football betting is something a great many fans of the sport choose to do, as it offers a great way of adding a further element of excitement to the matches, as well as potentially a way to win a bit of money. Having some background knowledge is pretty essential if you want to participate in football betting successfully, and there are some other basic tips which can assist those who do not have a great deal of experience when it comes to wagering on football matches.
Don’t bet more than you can afford
This might seem like nothing more than straightforward common sense and – before you actually start – it is, but it is something that can easily be lost sight of when new football betters hit a winning streak. Like any other form of gambling, when things are going well football betting can become a highly addictive adrenaline rush, and it is then that the sense of sticking to what you can afford becomes harder to see. The higher you raise the stakes on a winning run, the greater the likelihood of financial disaster when that streak comes to an end (and it will).
Don’t be too clever
Like with any other form of gambling, those new to football betting should be wary of overreaching themselves in an attempt to place complex multi-bets like a Dundee Shuffle. These could almost have been designed by bookmakers as a way of relieving over-confident novices of their cash, and it makes more sense to start with small bets, while you are learning. That way the inevitable mistakes you will make early on will not end up costing you a fortune.
Be wary of long-shot bets
Although long-shot bets can be attractive due to the scale of the potential winnings, the reason the payouts are so high is that they are far less likely to happen. The percentage of 50/1 bets that actually result in wins for the punters is around 1 percent.