Soccer is one of the most exciting sports and betting on the 2021 CONCACAF Olympic Qualifying Championship, in particular, is as exciting as the tournament itself. There are various betting options at the CONCACAF Olympic Qualifiers, and each has its own variables. It is important to understand how these variables work and it will help you decide to place your bet.

Like in the English Premier League, the Italian Serie A, and the Spanish La Liga, there are a number of different kinds of bets, from moneyline bets, props bets, futures bets, half markets, and parlays, there are many different options a bettor has to wager on a match. The mechanics are also the same in the European Champions League and Europa League, the French Ligue 1, and the German Bundesliga.

This guide will help beginners understand how to bet on those betting options, how to read soccer odds, and which type of betting option may be the safer choice in your wager as we continue our series of Sports Betting and how to bet on each soccer league.

2021 CONCACAF Olympic Qualifying Championship Moneyline Bet

Jackson Yueill (left)of United States celebrates after scoring. (Getty)

A moneyline bet in soccer is basically who of the two clubs you feel will win the matchup outright. Odds are placed for each team and based on your pick, you will receive a payout. For example:

Honduras vs USMNT

  Caliente
Honduras +350
Tie +240
USMNT -125

* Odds by Caliente

So if you bet on Honduras to win at $100, you would be paid out $350, your original bet plus the winnings. If you bet on the USMNT to win, you would win your bet plus $80 in winnings, but if you expect the game to end with no winner, the payout would be $240.

Over/Under 2021 CONCACAF Olympic Qualifying Championship bet

Uriel Antuna (center) of Mexico celebrates with his teammates. (Getty)

Over/Under in soccer betting is a wager on the total number of goals. If you think a match will be over/under a certain that combined total, then you place your bet. For example:

Over 2.5 means that both clubs must score at least 3 goals combined. Anything below that and you lose your bet. On the contrary, Under 3.5 signifies that both clubs must score at a combined sum of 2 goals the most. Anything over that and you lose your bet.

2021 CONCACAF Olympic Qualifying Championship Prop Betting

General view of the stadium before the game between Haiti and Canada. (Getty)

Prop bets in soccer are just like those of other sports. Here you bet on what could happen during the game, for example, who will score a goal, or how the game will end after the final whistle.

There are Player Props, where you guess the exact goalscorer of the game. It could be the first or the final scorer of his club, or during the match overall. Or you can try your luck by doing the Game Props. With the Game Props, you guess the correct final score or you can guess if both teams will score or not.

2021 CONCACAF Olympic Qualifying Championship Game Spread Bet

Players of Honduras react after a win. (Getty)

For this form of wager, points (or goals in the case of society) are essentially deducted, and points are awarded to the underdog. These variations in the points/goals are known as the spread. For example:

If one team is favored, that means that they have to win or draw by a goal. Anything below that and you lose your bet. While if you bet on the other team, then they have to win or draw by a goal. Anything below that and you lose your bet.

2021 CONCACAF Olympic Qualifying Championship Live Betting

Wesly Decas (right) of Honduras fights for the ball with Tajon Buchanan (left) of Canada. (Getty)

2021 CONCACAF Olympic Qualifying Championship is one of the most popular live betting sports tournaments in the world. In addition, to the correct final score, the correct goalscorers and so, you can also bet on the total number of cards, the total number of corners, the half-time score, and more in live betting.

Odds change very quickly during a match, so you need to be quick to place your bet. As the game changes so do the odds. So, you need to make sure you bet quickly and follow the game perfectly to win your live bets. Every variable changes constantly.

2021 CONCACAF Olympic Qualifying Championship Parlays

A 2021 CONCACAF Olympic Qualifying Championship bet is multiple bets on your ticket. You would need to hit all combinations to win your bet.

We hope this article was helpful in understanding the different types of 2021 CONCACAF Olympic Qualifying Championship betting options. It is important to become familiar with each before you start betting on parlays for example.