Soccer is one of the most thrillingsports 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, frommoneyline 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 theNBAor 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 ofSports Bettingand how to bet on each soccer league.
Premier League Moneyline Bet
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Edinson Cavani of Manchester United (centre) heads to clear the ball during the Premier League match against Chelsea. (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 teamand based on your pick, you will receive a payout. For example:
Chelsea vsManchester United
FanDuel | |
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 $240in winnings.
Over/Under Premier League bet
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Raheem Sterling of Manchester City (left) shoots under pressure from Lukasz Fabianski of West Ham United (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:
Manchester City vs West Ham
DraftKings | |
Over 2.5 | -182 |
Under 2.5 | +145 |
* Odds by DraftKings
Over 2.5 means thatboth clubs must score at least 3 goals combined. Anything below that and youlose 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 youlose your bet.
Premier League Prop Betting
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Mohamed Salah of Liverpool scores their side’s first goal from the penalty spot against Manchester City. (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 finalscorer of his club, or during the matchoverall. Or you can try your luck by doing the Game Props. With theGame Props, you guess the correct final score. For example:
Sheffield United vs Liverpool
DraftKings | |
0-0 | +1500 |
0-1 | +700 |
1-0 | +1800 |
* Odds by DraftKings
Premier League Game Spread Bet
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The players line up for a handshake ahead of the Premier League match between Arsenal and Leicester City. (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:
DraftKings | |
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 youlose your bet. While if you bet on Leicester, then they have to win or drawby 2 goals.Anything below that and youlose your bet.
Premier League Futures
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Jordan Henderson of Liverpool (centre) holds the Premier League Trophy aloft. (Getty)
Just like other sports, there are futures, here youbet on who will win the Premier League after Round 38, or in what who will become thePremier League champion for the season. For example:
FanDuel | |
Manchester City | -20000 |
Manchester United | +6000 |
Leicester | +7500 |
Chelsea | +19000 |
* Odds by FanDuel
Premier League Live Betting
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Che Adams of Southampton (left) battles for possession with Pascal Struijk of Leeds United (right). (Getty)
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 moreinlive betting.
Odds change very quicklyduring amatch, 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. Everyvariable 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 andWest Ham to score under 2.5 goals, and Arsenalto win or drawagainst Leicester by 2 goals. You would need to hit all three combinations to win your bet.
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The Premier League Logo on the Premier League 2020-21 Nike Flight ball. (Getty)
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.