Premier League Betting: A Beginner’s Guide.

The biggest, and most watched league of the world’s most popular sport. The Premier League in England has continued its growth and economic dominance over the rest of the world since its formation in 1992.

Globally, fans will tune in from all continents every week to follow their team, more than 4.7 billion people around the world will watch games throughout the season with the appeal of some of the sport’s greatest players on display each week.

Transforming into the Premier League in 1992 took British football to new heights, and investors from around the world sink billions into the clubs. Teams like Manchester City are now top of the Premier League odds forecast each season as well as in the Champions League.

Around $70 billion was wagered on the Premier League in the 2020/21 season, and that number is expected to continue to grow season on season. For those new to betting on the Premier League, we have our beginners guide to football betting for you here.

Types of Bets

There are many different ways in which you can bet on the Premier League, and we will go over the more popular choices here to help you decide which type of bet is the right one for you.

  • Match Result

Quite simply, this is picking the team which you think will end up winning the game. Three opinions are available to you; home win, away win or draw. If you pick the right one, the winnings are yours.

  • Parlay Bets

These are also known as accumulator bets where you will select multiple outcomes, for example picking the winner in more than one match. The odds are much bigger, but you are required to get every match result correct, just one wrong pick and you lose.

  • Props Bets

When looking at a specific game, you can go into more specific outcomes within a game. Why not pick the team you think will win along with who will score the first goal, how many fouls there will be, or even how many total offsides there will be. You can be almost as imaginative as you want.

  • Handicap Bets

These bets give the favored side a hypothetical disadvantage going into the game. If Chelsea went into a game with Crystal Palace, as favorites Chelsea would be given different odds based on starting a goal behind before the match starts. 

Understanding the Odds

When deciding to bet on any sport, it is vital you are aware of what the odds are offering you. With the Premier League you will often find the odds in the form of a fraction. 

The Manchester derby each season is often a key fixture in the calendar and Manchester City’s dominance in the league will often be shown with odds of around 1/4 for the win. This would mean that for every $4 you bet, you will earn $1 if your bet comes in. 

As the underdogs, Manchester United might be 4/1 which would mean that if you bet $1 on them to win, and they did, you would earn $4 in winnings.

Familiarize Yourself with the League

Make sure you have given the time to watch the matches and research as much as you can online before betting on the Premier League. Going in blind will only put you at a further disadvantage and make winning even harder.

The matches are shown, as well as highlights, all over the internet. You can even find blogs, websites, and podcasts devoted to the league. By gaining as much insight as possible, often with stats to back up opinions, you will be given some further help in making your decisions when betting on the Premier League.

Manage Expectations

While betting on the underdog each week could give you bigger winnings, the chances are the bet won’t always come in. This is same with betting on the favorite, you may have a greater chance of success but upsets in football happen a lot. 

Almost all bettors won’t become overnight millionaires and win every bet they place, make sure you don’t go into betting on the Premier League with this in mind.

Manage how much you are willing to bet and ensure you don’t exceed your limits to keep the betting enjoyable and safe. 

The Premier League offers some of the most enjoyable and exciting football matches every season. The best players in the world ply their trade in the league and being part of all the action can be exhilarating. 

You can spend hours and hours looking into the stats and history of both sides, but the sport isn’t as predictable as we can try to make it. Enjoy the highs and be prepared for the losses and if you can do this, you’ll enjoy season after season of exciting sports betting on the Premier League.