The game of Soccer is undisputedly the most popular sport in the world and has a huge fan following across the globe. This gives way to the huge industry that prevails on ‘Football Betting’ and generates revenue of billions of dollars every year. The Gambling Act 2005 expounds the term ‘betting’ as an act of staking money on a situation and the likelihood of its occurrence and nonoccurrence. Those who follow the sport seriously can actually exploit their knowledge by making bets on Football. The gamblers have a wide range of bets to choose from. Following are the staking actions that make part of the punter are betting armory- ‘Spread’, ’Money Line’, ‘Over/Under’, ‘Parlays and teasers’ and ‘Propositions’. Each of these betting actions explains a particular situation or stage of the game.
It is imperative for the Football gamblers to familiarize themselves with the essential data and statistics related to Football betting. There is a plethora of websites available providing facts and details about the game. The experienced gamblers usually eye upon the teams that take early leads and look more in control. Each player of the team is taken into consideration and higher sums are put on stake on those players that are ruling the popularity charts that season. The bettors also keep themselves abreast with the latest trends, the weather forecasts and the injuries of the players. It also depends upon the number of goals, penalty, number of corners and a hat trick.
Those who understand the true nature of this sport are also aware of the degree of variation that takes place in this game. Hence, they do not risk large amount of money in any single bet. They choose to churn out profits in the long run benefitting from their experience.
Nature Of Football Betting In Different Countries
In USA, football betting is allowed and considered legal only if done at a casino or a football betting portal. Britain is the most upcoming market for Football betting which earlier was known for horse racing. Asia has earned defamation for running the biggest illegal betting market, involving the threat of match fixing and corrupt practices in this field. Asia is far more conventional and restricts the betting to victory, loss or a draw. Europe is much more into strategic betting. Singapore has banned online Football betting but allows the same at a casino or a lounge.
Match Fixing is one ugly outcome of the betting business in this sport, bringing best of the teams and players under suspicion. This only shows the vulnerability of the players and reduces the charm and excitement of millions of soccer fans all over the world.