What is Football Betting?
Understand the rules before participating to avoid being a newbie.
Football betting is a form of placing a wager on the outcome of an upcoming football match. This form of betting can be between individuals or between a bookmaker and many other participants.
Football betting can lead to various societal issues. Many people have lost their assets due to following this betting behavior.
Basic Football Betting Rules from A-Z for Beginners
If you want to bet on football, you need to follow some basic rules as follows:
Players must be 18 years old or older and have full civil capacity.
Players must not have any health issues such as mental illnesses.
Players need to have an account to participate in online betting.
The account must have sufficient funds to participate in betting.
Additionally, you must comply with the regulations set by the bookmaker.
If the match is postponed for more than 12 hours, the bookmaker must refund the players' bets.
If the first half is canceled, the match result is voided, but if the match is canceled in the second half, the first half's result still stands.
Before the match begins, the bookmaker must provide information and guide players on how to place bets.
Once a bet is placed, it cannot be canceled (unless there is a decision from the bookmaker & the match). Therefore, you need to think carefully before choosing a team and placing a bet.
Players need to estimate and calculate the amount of money to bet. You must also adhere to the bookmaker's regulations regarding the minimum or maximum amount of money.
Rules for Handicap Betting to Refer to Before Participating
In addition to the basic betting rules, there are some additional rules applied to handicap betting. Below are the rules for different handicap levels:
Handicap 0.25 Goals
If you bet on the favored team and they win, you win the full amount. If you bet on the underdog, you lose all your money.
If the result is a draw, the favored team loses half the money, and the underdog also loses half the money.
Handicap 0.5 Goals
If you bet on the underdog and the underdog wins, or if the two teams draw, the underdog bet wins the full amount. Otherwise, you lose all your money.
Handicap 0.75 Goals
If the favored team wins by 1 goal and you bet on them, you win half the money. If you bet on the underdog, you lose half the money.
If the favored team wins by more than 1 goal, betting on the favored team wins the full amount, while betting on the underdog loses all the money.
If the underdog wins or if you bet on a draw, the underdog bet wins the full amount, and the favored bet loses all the money.
Handicap 1 Goal
If the favored team wins by exactly 1 goal, both the favored and underdog bets are refunded.
If the favored team wins by more than 1 goal, betting on the favored team wins the full amount, while betting on the underdog loses all the money.
When the two teams draw or the underdog wins, you win the full amount if you bet on the underdog, and you lose all the money if you bet on the favored team.
View more articles : what is asian handicap
Some Football Betting Rules You Need to Know
Here are some football betting rules you should know before placing a bet:
If you place a bet in the first half, the result will only be counted within the first 45 minutes of the match. If the first half is canceled, the bet will not be refunded. However, if the second half is canceled, the first half will still be valid.
Most bookmakers consider that bets will not be counted if the match is postponed for more than 24 hours. Delays under 24 hours will still be counted as usual. If a bet is canceled, the bookmaker is responsible for refunding the players. This regulation is to protect the rights of the players.
All information about the match will be available on information sites, including the format, start time, and venue. This information is for reference only and may change. Therefore, players should regularly update information to understand the situation.
Bookmakers are responsible for providing players with the betting odds table. Players need to use their knowledge to place bets with a chance of winning.
Basic Football Betting Rules of Bookmakers
To effectively participate in betting, players need to understand the basic football betting rules of the bookmaker, including who is eligible to participate and who is not.
Canceling a Bet
If a match is temporarily stopped for some reason and is not held as initially scheduled, all bets for that match will be completely canceled after 12 hours. Different bookmakers will have different policies regarding players' bets.
Betting Methods and Placing Bets
There are many ways to participate in betting, including the first half, the second half, or the entire match. Betting will be invalidated if the match is canceled in the first half. If you place a bet in the first half and the second half is canceled, the bets are still considered valid. The bookmaker will pay based on the first-half results.
When participating in online betting, players have the right to place bets until the last minute of the match. When the referee blows the final whistle, the bets will be rejected.
Canceling Betting Tickets
The bookmaker will inform the players about the relevant information of the match. If the actual events differ from the initial plan, such as changes in time or location, these bets will be canceled according to the basic football betting rules. Based on the deposit and withdrawal terms, players have the right to withdraw money after winning a bet.
In conclusion, the best betting tips app has shared with readers the football betting rules you need to know before betting. Read and understand them to participate in this exciting and legal game safely. No matter what game it is, you should research the game's information thoroughly to have the most accurate and appropriate behavior before playing.