Why You Should Pay Attention to Odds When Betting on Football

We all know, that the game of football has fans all over the world, and it is particularly loved in the UK not only among those who watch it, but among sports bettors as well. This recognition is demonstrated by the fact that there are many football betting sites available and the variety of markets you can bet on with leading bookmakers across the UK. If you are a fan of the game searching for a bookmaker to make good bets, this article will give you some advice helping you to decide which betting platform is right for you.

Lots of UK bookmakers think that their football betting section is the best. But which aspects do you have to consider when evaluating a football sportsbook? They include reputation, payments stability, betting markets and bets available, and quality of bonus programmes. But perhaps one of the key parameters is the betting odds since they determine the potential winnings of a bettor. So whether you’re an experienced football bettor or a beginner, read on to understand how to choose the best football bookies with best odds in the UK.

What are Football Betting Odds?

Betting odds are quite a significant thing to consider when placing a bet. Odds can tell you a lot about how likely an event is to happen, and can help you make informed decisions about where to put your money.

Betting odds are the probability of a given event occurring, expressed in numbers. That is, the higher the probability of some event, the lower the odds are, and vice versa, the lower the probability of some event, the higher the odds are. In football such events range from the outcome of the football game itself to the myriad of in-play incidents. The most common outcome is that there will be one winner and one loser, but games may also end in a draw or neither team scoring any goals during play-time (although this last case happens very rarely). In-play incidents may take place between kickoff and the moment when the referee blows the final whistle, i.e. the number of goals, specific goal scorers, number of corners, etc.

It’s worth remembering that the odds show what amount a customer will win, if he makes a bet offered by a  bookmaker. Thus, the greater the odds, the greater your potential winnings.

Football betting odds can change both before any given match takes place and during the game itself, as certain in-play events unfold. So be sure to verify current odds before placing a bet.

Enhanced Odds

For some football events enhanced odds are offered by betting companies to their customers. This is a betting term used to describe a situation when a bookmaker offers odds on an event that are significantly better than the market average. This is usually done in the run-up to major events such as the finals of the Champions League, the Europa League or the World Cup.  Better odds can also be offered before the start of an event. If this event takes place, bettors will get bigger winnings compared to bets made on other betting sites.

However, it is important to remember that enhanced odds usually come with strict terms and conditions. For example, most enhanced odds offers will require you to place your bet using a specific deposit method, such as a credit card or e-wallet. You may also be required to bet a certain amount of money, and the maximum winnings from an enhanced odds bet are often capped at a certain amount.

Bookmakers with the Lowest Football Margin

Bookmakers charge a certain margin (commission) for their activities, and the lower the margin is, the greater the odds are.  Bookies usually provide good odds for top football matches since there is a huge flow of bets, so a betting company will make a profit even with the lowest margin.

Even the most experienced bettor will not be able to beat a bookmaker which regularly sets high margins. Accordingly, bookmakers have to be very careful to choose the “golden mean”. On the one hand, high margins will scare off customers, on the other hand, low margins will deprive the company of income.

Among the bookmakers operating in the UK with the lowest football margins, we advise you to pay attention to the following  5 betting platforms:

•         VBET
•         Geoff Banks
•         FanTeam
•         FansBet
•         LV Bet

The average margin of these bookmakers does not exceed 5%.

In conclusion, it’s worth saying that good odds are not so important if betting is your hobby and you make bets for fun. But if you would like to make some profit, then odds are an essential thing to take into account. On Legalbet.uk you will find all the necessary information about betting platforms, their markets, bets and odds, and bookmaker rankings thanks to which you will make the best bets on football at the greatest odds.