A Guide to Understanding Football Betting Odds for Beginners

You have to predict if the away team will win the match or if the match will end in draw. If the home team will win the match, the bet will be declared void and will not be included in the computation of a possible bonus. You have to predict the outcome of the match with 3 possible double chance outcomes (1X, 12 & X2) and whether the both teams will score in the match or not. You have to predict if the number of goals scored during the entire match is going to be odd or even.

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Melbet Nigeria has helped boost this economic growth by creating jobs and teaming up with local firms. The company’s spending on tech and infrastructure hasn’t just improved the betting world. It’s also given a push to related fields, like IT and phone services. People still viewed gambling as antisocial well into the late 1900s. Many Nigerians thought betting caused harm and had no clear upsides. This cultural attitude about gambling would keep shaping how the industry grew in the years to come.

What may begin as a seemingly harmless pastime increasingly escalates into a compulsion that threatens the very foundation of family life. The platform is user-friendly, intuitive, and easy to navigate, making for a remarkable gaming experience. You can find the licensing info of any sports gambling site by checking the footer of their homepage. Players have the option of picking from 450+ slots, 440+ live dealer games, and a range of other table games.

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Abiodun further explained that when an individual loses money in betting, there is a natural urge to try again to recover the loss. However, over time, as the losses accumulate, the person may seek out additional money to continue betting, fuelled by the hope of recouping at least some of what was initially lost. “I see my friend getting cool cash from sport betting, and most times, I help them predict,” he says. Here are the criteria we considered when selecting the best betting sites in Nigeria. Mastercard, Visa, Verve, GTB USSD, Flutterwave USSD, OPay, PalmPay, and Paystack are available as payment options, with Flutterwave and Paystack supporting all bank deposits. It boasts an impressive casino section with over 4,500 games, including many compelling slots, table games, crash games, and live dealer titles.

For example, if a team is given a +3.25 handicap, they are considered underdogs and start the game with a 3.25 goal advantage. This means you win your bet on them if they win, draw, or lose by less than four goals. A chain bet is a special type of bet where you wager on several single outcomes that aren’t related to each other. You start with a set amount of money, which is used as the stake on the first event, and if it wins, the returns are used as a stake for the next event in the chain. This continues until there are no more events or your balance goes to zero. Finally, the elements regarding the football betting odds are numbers and noticeable human figures that sometimes change with time.

Business Remarks (a sports betting online subsidiary of Blue Eye Media) is an online media platform with focus on business and ICT news. Online gambling relies on trusted payment networks, and the cost of payments is often a significant component of their cost structure. For sites like Onlyfans, the payment processing fee is almost double Stripe’s standard rate. As payment companies get more comfortable with gambling, the number of payment options has risen, which acts as an implicit subsidy to the industry. A carefully structured regulatory framework has helped the betting industry in Nigeria thrive. The National Lottery Regulatory Commission (NLRC) is the main institution overseeing the sector.

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If the selected player is transferred out of the Premier League before the end of the Summer Transfer window the selection will be void. Goals scored in cup competitions, friendlies & international matches do not count. The named player must play at least 1 match in the named season otherwise bets will be void. You have to predict if the total number of goal scored of an entire championship tournament will be greater (Over) or lower (Under) than the spread offered by Bet9ja. The tournament and the matches included will be specified in the bet details by either the relative round number of that tournament or the date the matches are played. If one or more matches don’t take place before midnight of the day following the date originally set for the match, the bet will be declared void.

If considering one of the two spreads the match ends in a draw and considering the second spread the bet is lost, half of the stake is refunded, while the other half is lost. You have to predict the outcome of the entire match considering the handicap (spread) specified in the selection. The spread can be POSITIVE (e.g. (H. 1.00)) or NEGATIVE (e.g. (H. -1.00)) and is ALWAYS assigned to the HOME team. If by adding or subtracting the spread from the score of the HOME team the match ends in a draw, the stake is refunded. You must predict if the total number of goals scored by both teams is maximum of 1 goal during each half of the match.

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The uncertainty that surrounds it can shatter any sense of hope that initially draws people in. While it might seem like a ray of hope in a time of desperation, this is a façade that can leave people worse off than before. To avoid these common pitfalls, bettors must continuously educate themselves on the mechanics of odds and the strategies for finding value.

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Futures, money lines, totals, spreads, and handicaps are the most prevalent forms of bets you should learn. This bait-and-switch strategy lures unsuspecting individuals into the game as they eagerly anticipate their next win while overlooking the red flags that signal gambling addiction. Similar to drugs, sports betting provides the euphoric feeling of potential large cashouts. Both activities involve chasing a high, and bettors return to wagering despite losses, driven by the hope of recovery and the thrill of winning. BetKing should offer new players a welcome bonus, similar to other leading bookmakers in Nigeria. In should also enhance the live streaming feature, especially for popular games.

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Nigerian betting has never been more popular, and today is the right time to start your journey with the help of our helpful pages. As a result, all guides are about best betting practices and gaming policies, regulations, and security aspects. Mostly we are talking about local betting sites, like Bet9ja, which are licensed by the local gaming authorities. Remember, when engaging in sports betting, it is essential to do so responsibly, setting limits, and enjoying the activity as entertainment. Always bet within your means, seek reputable platforms like above-mentioned, and stay informed about the latest odds and betting strategies.

Understanding Football Betting Odds: A Guide for Beginners

You have to predict the number of goals scored during the match based on different ranges offered by Bet9ja. There are 13 ranges, between 1 and 6 goals and a selection for 7 or more, 1 – 3 goals, 1 – 4 goals, 2 – 3 goals, 2 – 4 goals. This means the minimum number of goals to be scored and the maximum number of goals to be scored. You have to predict which team will be winning at the end of the 1st HT. If during the 1st HT the two teams score the same amount of goals the selection will be void and it will not be included in the computation of a possible bonus.

• The government, at both federal and state levels, gets tax money from betting.
• However, the surrounding entertainment factors make casinos far more compelling to players.
• Study the match, track betting trends, and apply your strategy for maximum success.
• We have made available some possible outcomes and betting tips for these games.
• Ultimately Live Betting lets the adrenaline of wagering a bet keep on flowing throughout the course of an entire game.
• When betting on football at non GamStop bookmakers, a distinction is made not only between single and combination bets, but also between pre-match bets and live bets.
• VAR – An acronym for Video Assistant Referee, which is a match official that reviews the play using the camera footage with the referee to make a decision.

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You predict that the selected player will score at least three goals during the match. If the player you have selected does not take part to the match the bet is void. If the player takes part in the game, and does not score at least three goals the bet is lost independently from the final result of the match. You predict that the selected player will score at least two goals during the match. If the player takes part in the game, and does not score at least two goals the bet is lost independently from the final result of the match. The odds for the today match represent the predicted likelihood of specific outcomes during the France.

A 100% reward up to ₦100,000 is better than a 200% reward up to ₦50,000 if you’re planning to deposit more than ₦50,000. “Another thing is that it helps the government to generate local tax. This way, it boosts the economy of the country which will in turn be of gain to the people, even those that played”, he added. At the end of the day, one of the two parties has something to lose. 1xBet is a Cyprus based gambling company with outreach operations in Nigeria. The platform has managed to gain tremendous popularity within a short period of time.

• You have to predict if at least one penalty will be assigned during the match.
• We feel that by not accepting fiat currencies, BC Game might be doing themselves and sports bettors a disservice.
• Many preachers believe gambling encourages indolence, rather than hard work.
• Unlike most betting sites in Nigeria, it has a comprehensive casino section.
• Penalty – goal must be scored directly from a penalty with the penalty takeras named scorer.
• A goal scored at the minute 10 and one second belongs to the 11th minute.
• The bet is valid only if both players take part in the match from the first minute, otherwise it will be declared void.
• Findings showed that the influence of gambling extends far beyond financial implications; it changes how families communicate and cope with challenges.

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The aim of this bet is to predict what team in the list will score first. You have to predict if the difference between the number of corners (plus the spread indicated) will be positive or negative. Depending on the spread proposed it is possible to make a distinction between “Classic HTH Corners” (1.5, -2.5, +0.5, etc.) and “Integer HTH Corners” (-1, +2, -3, etc.). You have to predict whether the total amount of shots in the match will be an odd or even number. You have to predict whether the total amount of offsides committed in the match will be an odd or even number.

Leading bookmakers offer a smooth registration process, typically taking no more than five minutes to create an account, allowing users to start betting immediately. We tested these registration processes with local experts to ensure efficiency and ease. To activate your account, you may need to provide personal details such as your full name, email, phone number, date of birth, and physical address. BetKing shops are widespread across the country, making it a popular choice among bettors.

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When it comes to bonuses offered, BC Game likes to do things differently. The fairly high minimum deposit for some limits might frustrate some players. What’s also cool is that when you head into the cashier section, you’ll see all the available bonuses for each specific payment method. The aforementioned VIP program was revamped in 2020 and is one of the best ways to be rewarded each time you place a sports bet in California. MyBookie is still a fairly new Californian sportsbook that’s trying to muscle itself in among the big hitters.

E.g. the bet 1 H Corners (-1) on the event Arsenal – Liverpool will be winning if Arsenal performs at least 2 corners more than Liverpool. You have to predict the outcome of the entire match in terms of corner kicks, considering the handicap (spread) specified in the selection. You need to predict that all three players selected will score at least one goal during the selected date.

Another Oriyomi, a white-collar worker, has a sombre story to tell. He explained that he was introduced to sports betting by his colleague who seemed to have a winning streak. In a bid to get higher returns, he started staking higher as much as a million naira and above in some cases. Until this my colleague said it was because I was staking small amount, he was staking the likes of #200,000 to a million naira.

• Set a budget for yourself and stick to it, even if you’re on a winning streak.
• Many mobile-first platforms enable easy access to betting services regardless of location.
• With fewer job opportunities and higher costs of living, Nigerians are turning to any available avenue to alleviate their financial burdens.
• Betano is one of the newest additions to the betting industry and one of the most promising sports betting sites globally.
• Annual gross gaming yield (the amount gambling facilities get after payments) has been estimated to exceed $400 billion.
• These include using licensed bookmakers, setting realistic expectations, and managing your finances effectively.
• When seeking the best betting sites for football, you should look out for the same features that we have pointed out above.

You’ll pay no transaction fees and your funds will be available immediately. Terms and Conditions apply to all the bonuses and offers that are presented to this website. We recommend you use the Flat Betting strategy, where you stake the same amount on every bet — typically between 1% to 5% of your total betting budget. Plus, they’re ideal for creating bet builders, where you can combine different player props from the same game for higher payouts.

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Only players on the pitch count (e.g., if a manager or a substitute on the bench is shown a card, it will not count). You have to predict the correct amount of points that the selected team will collect during the following three matches of its national league. If one or more matches are deemed void, this bet typology will be void as well. If the selected player does participate in the second half but does not score any goal, the bet will be losing regardless of the result. You predict that the selected player will score at least one goal during the second half. If the selected player does not participate in the second half, the bet will be deemed void.

• If the amount of goals scored is higher than the spread the winning selection is “Over”.
• In principle, almost all markets are available as both pre-match and live bets.
• Moreover, one of the critical factors in football betting is the ability to identify the value of the odds.
• Many have argued the fact that sports betting has impacted the society more negatively than positively, with each claim being backed up by reasonable points to an extent.
• Psychologist Michael Jacob pointed out that the thrill of the game can create an illusion of control, but when the stakes rise, it often leads to feelings of shame and isolation.
• Players can claim this bonus to play casino games for a chance to win real money.
• Financial difficulties caused by gambling debts can lead to a lack of basic needs and long-term insecurity, creating an atmosphere of anxiety for everyone involved.

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They also come in different bundles – for example, there may be one £30 bet or two £15 bets. The very first thing that you will look for from a new bookmaker is the welcome offer and firms will compete to try and produce the best promotion. You should look for the highest amount in free bets and bonuses with the lowest deposit requirement. BetZone is your go-to source for finding the top betting sites in Nigeria. As an independent review website, we compare and recommend the best bookies for Nigerian players.

Mobile betting has firmly established itself as the preferred method for bettors worldwide. With the ubiquity of smartphones and tablets, users can now enjoy the convenience of placing bets anytime, anywhere. In 2025, this trend is expected to intensify with the introduction of more sophisticated mobile betting platforms and apps designed to offer seamless and personalised experiences.

Referral Bonus – A commission the operator gives to customers who refer other bettors to their site. Promo Code – A combination of characters or digits you can enter on a betting site to redeem a bonus. No Deposit Free Bet – A free bet given by the bookmaker which does not require you to make any deposit. Minimum Bet – The lowest amount you can request for withdrawal on the betting site. Corners Match Bet – This refers to a bet on which team will get the most corner kicks in the match.

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It also features 22Games, which are specially curated games for your ultimate enjoyment. Find out our best betting sites selection, read our reviews and compare their features. That’s why it’s good to start by checking out review guides like this one.

It’s one of the simplest and most popular ways to bet on sports, especially for beginners. However, there is a way experienced bettors work around this, through a strategy known as value betting. Understanding how these odds work is important since they not only tell you the likelihood of an outcome but also how much you can win from a bet. A positive number (e.g., +200) shows how much profit you’ll make on a ₦1,000 bet, while a negative number (e.g., -150) indicates how much you need to bet to win ₦1,000. Fractional odds, commonly used in the UK, show your profit relative to your stake.