Soccer is one of the most exciting sports and betting on the Copa Libertadores, in particular, is as exciting as the competition itself. There are various betting options in CONMEBOL Copa Libertadores, 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, 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 and competition.

Copa Libertadores Moneyline Bet

Internacional players celebrate a goal. (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:

Always Ready vs Internacional

Always Ready +187
Tie +225
Internacional +145

* Odds by Caliente

So if you bet on Internacional to win at $100, you would be paid out $145, your original bet plus the winnings. If you bet on Always Ready to win, you would win your bet plus $187 in winnings, but if you expect the game to end with no winner, the payout would be $225.

Over/Under Copa Libertadores bet

Jacob Murillo (left) of Independiente del Valle competes for the ball with Felipe of Gremio (right). (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:

Deportivo Tachira vs Olimpia

Over 0.5 -1200
Under 0.5 +650

* Odds by Caliente

Over 0.5 means that both clubs must score at least 1 goal combined. Anything below that and you lose your bet. On the contrary, Under 0.5 signifies that neither of the clubs should score a goal at all. Anything over that and you lose your bet.

Copa Libertadores Prop Betting

Players of Velez Sarsfield pose before a match. (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. For example:

Velez Sarsfield vs Flamengo

1-0   +650 0-0   +750 0-1   +600
2-1   +900 1-1   +500 1-2   +850
2-0   +1200 2-2   +1400 0-2   +1100

* Odds by Caliente

Copa Libertadores Game Spread Bet

Angel Romero of San Lorenzo (right) dribbles past Alison of Santos (left). (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 club is favored, that means that they have to win or draw by a particular amount of goals. Anything below that and you lose your bet. While if you bet on the underdogs, then they have to win or draw by a particular amount of goals. Anything below that and you lose your bet.

Copa Libertadores Draw No Bet prop

Marinho of Santos. (Getty)

The Draw No Bet prop protects the bettor from making a risky bet. If the team they select draws, the bet is canceled and the amount invested is returned in full. In the event of a draw, no bet - hence, the name of the prop. For example:

Santos vs Barcelona SC

Santos -500
Barcelona SC +300

* Odds by Caliente

Copa Libertadores Futures

Just like other sports, there are futures, here you bet on who will win the Copa Libertadores, or in what who will become the Copa Libertadores champion for the season. Palmeiras are the defending champion.

Copa Libertadores Live Betting

Gremio players celebrate a goal.(Getty)

Copa Libertadores is one of the most popular live betting sports leagues 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.

Copa Libertadores Parlays

A Copa Libertadores bet is multiple bets on your ticket, here you bet that Manchester United will beat Granada; Ajax and Roma to score Over 3.5 goals, both Arsenal and Slavia Prague will score, and Villarreal will win or draw by a goal against Dinamo Zagreb. You would need to hit all four combinations to win your bet.

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