Insights to Football Betting

May 22, 2009

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Jeremiah Davis asked:

Football betting is a multi-million dollar industry, which can make hundreds of people rich overnight. A lot of money is involved when world cups and European cups take place. Winning football bets isn’t an easy thing to do. It needs a lot of calculation and of course –plain luck.

 

A major part of the betting takes place in the English premier league and a minor part in major league soccer (M.L.S). Odds are placed against the teams that are playing and the bookies name one of the teams as favorites and give the people who place their bets on the underdogs better returns. A very good example is the Liverpool football club vs. Stoke city football club match this year, which ended in a goalless draw and which resulted in people losing a major chunk of the money or in some cases all their money.

 

 

Winning football bets is easier when the team you are supporting is in a rich vein of form. They end up inflating your wallet or purse by a sizeable amount. A lot of analysts have cropped up around the globes, who know the inside stuff and thus help the person betting in winning football bets. The bookie is the person that handles all your bets and gives you odds and thus when results go your way, he is obliged to give you a part of the winnings. The bookie himself might bet all the money he gets on a team and thus earn a considerable profit.

 

A lot of factors are to be considered while betting and the method by which the odds are arrived at should be known to be successful in winning football bets. A lot of people just make blind bets and thus end u losing their life savings. A recent incident took place in Scotland. The famous footballer Diego Maradona, who is the manager of Argentina, was threatened by a man who blamed him for all his troubles. The man alleged that he had lost his entire life savings due to Diego as Maradona’s infamous hand of god goal had condemned England to defeat and in the process, made the man lose his bet. So by not winning football bets, people can become heart-broken.

 

 

Match fixing can also make winning football bets possible. When large bets are placed, sometimes the bookies tend to bribe some of the players and convince them to lose or throw away the matches on purpose. This is nowadays on the decline due to intense monitoring by the football’s governing body. But lower league matches are still being fixed and the money being snarled by the bookies. Thus winning football bets is all the more difficult. Some of the recent incidents involving high-profile people was in Italy where Juventus football club, which boasts of a fan base of around a million people was demoted to the second division due to match fixing and some more teams were let off in spite of match fixing allegations.

 


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