Soccer is one of the most thrilling sports and betting on the English Premier League, in particular, is as exciting as the league itself. There are various betting options in the Premier League, 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 Boxing or Tennis, 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 the same as in the NBA or the NFL.

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.

Premier League Moneyline Bet

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:

Chelsea vs Manchester United

Chelsea +120
Tie +230
Manchester United  +240

* Odds by FanDuel

So if you bet on Chelsea to win at $100, you would be paid out $120, your original bet plus the winnings. If you bet on Manchester United to win, you would win your bet plus $240 in winnings.

Over/Under Premier League bet

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:

Manchester City vs West Ham

Over 2.5 -182
Under 2.5 +145

* Odds by DraftKings

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 2.5 signifies that both clubs must score at a combined sum of 2 goals the most. Anything over that and you lose your bet.

Premier League Prop Betting

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:

Sheffield United vs Liverpool

0-0 +1500
0-1 +700
1-0 +1800

* Odds by DraftKings

Premier League Game Spread Bet

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:

Leicester +1.5 -770
Arsenal -1.5 +550

* Odds by DraftKings

Since Arsenal are favored by -1.5, that means that they have to win or draw by 2 goals. Anything below that and you lose your bet. While if you bet on Leicester, then they have to win or draw by 2 goals. Anything below that and you lose your bet.

Premier League Futures

Just like other sports, there are futures, here you bet on who will win the Premier League after Round 38, or in what who will become the Premier League champion for the season. For example:

Manchester City -20000
Manchester United +6000
Leicester +7500
Chelsea +19000

* Odds by FanDuel

Premier League Live Betting

The Premier League 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.

Premier League Parlays

A Premier League bet is multiple bets on your ticket, here you bet that Chelsea will beat Manchester United; Manchester City and West Ham to score under 2.5 goals, and Arsenal to win or draw against Leicester by 2 goals. You would need to hit all three combinations to win your bet.

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