Guide

Best Football Betting Markets - Complete Guide | OwnOdds

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Below is a structured, step-by-step guide to the best football betting markets—what they are, how they work, and how to use them intelligently rather than just “having a flutter.” --- Best Football...

Below is a structured, step-by-step guide to the best football betting markets—what they are, how they work, and how to use them intelligently rather than just “having a flutter.” --- Best Football...

Table of Contents

Below is a structured, step-by-step guide to the best football betting markets—what they are, how they work, and how to use them intelligently rather than just “having a flutter.”

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Best Football Betting Markets

A practical, step-by-step guide for beginners and advanced bettors

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1. Foundations: What Is a “Betting Market” in Football?

A betting market is simply a specific way you can bet on a football match or competition.

  • Match Result = market
  • Both Teams to Score = another market
  • Over/Under 2.5 Goals = another market

Each market has:

  • A condition that must be satisfied for the bet to win.
  • Odds that reflect the bookmaker’s estimated probability + margin.

Understanding which markets are best for you depends on:

  • What you understand well (tactics, team styles, stats).
  • What information you have (lineups, injuries, weather).
  • Your risk tolerance and bankroll.

We’ll walk through the main markets—from basic to advanced—and show how to use them.

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2. Core Market #1: 1X2 (Match Result)

2.1 What is the 1X2 market?

  • 1 = Home team win
  • X = Draw
  • 2 = Away team win

This is the most common and simplest market: you’re predicting the outcome of the match in regular time (usually 90 minutes + added time, not including extra time or penalties for cups).

2.2 Example

Match: Liverpool vs Brentford Odds (decimal):

  • 1 (Liverpool) – 1.45
  • X (Draw) – 4.8
  • 2 (Brentford) – 7.0

If you bet £10 on Brentford (2) at 7.0:

  • If Brentford win: you get £70 total (profit = £60).
  • If Brentford draw or lose: you lose your £10.

2.3 When is 1X2 a good market?

  • When you have a strong read on match winner or likelihood of draw.
  • When injury news or rotation gives you an edge before odds adjust.
  • For value betting: backing unfancied teams when market underrates them.

2.4 Step-by-step approach to 1X2 betting

  • Start with probabilities in your head:
  • Example: You think Liverpool win 70% of the time, draw 18%, lose 12%.
  • Convert odds to implied probabilities (rough):
  • Liverpool 1.45 → implied ~69% (1 / 1.45).
  • Draw 4.8 → ~21%.
  • Brentford 7.0 → ~14%.
  • Compare your estimates to the market:
  • You think Liverpool 70%; market ~69% → close.
  • You think Brentford 12%; market ~14% → market more optimistic on Brentford.
  • Only bet when your estimated probability is better than the odds imply

This is called a value bet.

  • Track results over 50–100 bets to see if you’re really finding value or just guessing.

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3. Core Market #2: Over/Under Goals

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3.1 What is the Over/Under market?

You’re betting on how many total goals will be scored in the match, regardless of who scores them.

Common lines:

  • Over/Under 0.5, 1.5, 2.0, 2.5, 3.5, etc.

“Over 2.5 Goals” means 3 or more goals. “Under 2.5 Goals” means 0, 1, or 2 goals.

3.2 Example

Match: Chelsea vs Wolves

  • Over 2.5 goals – 1.95
  • Under 2.5 goals – 1.85

If you stake £20 on Over 2.5 at 1.95:

  • If final score is 2–1, 3–0, 2–2, 1–2, etc. (3+ goals) → win: £39 total (profit £19).
  • If final score is 1–1, 1–0, 2–0, 0–0 → lose £20.

3.3 When is Over/Under strong?

  • You have a read on playing style:
  • High press + attacking full-backs → goals more likely.
  • Deep block + low tempo → fewer goals.
  • You understand situational context:
  • A team needing a win on last matchday often plays open and risky.
  • Two teams happy with a draw might play cagey.

3.4 Step-by-step strategy for Over/Under

  • Look at team stats (last 10–20 matches):
  • Average goals scored and conceded.
  • Frequency of Over 2.5 / Under 2.5.
  • Adjust for context:
  • Missing key attackers or defenders?
  • Weather (heavy rain, bad pitch may reduce goals).
  • Importance of the match.
  • Estimate goal expectancy:
  • Very rough: if both teams often play high-scoring games, you might estimate an expected total goals around 3.0.
  • Pick the line that matches your estimate:
  • If you think average goals ≈ 3.2, Over 2.5 at decent odds might offer value.
  • Avoid short odds purely on reputation:
  • Big sides don’t always mean big scores; some are very efficient but low scoring away from home.

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4. Core Market #3: Both Teams to Score (BTTS)

4.1 What is BTTS?

You’re betting on whether both teams score at least one goal.

  • BTTS – Yes: both teams must score 1+ goals.
  • BTTS – No: at least one team fails to score.

4.2 Example

Match: Aston Villa vs Newcastle

  • BTTS – Yes: 1.65
  • BTTS – No: 2.25

If you bet £30 on BTTS – Yes at 1.65:

  • If final score is 2–1, 3–1, 2–2, 1–1 → win: £49.5 total (profit £19.5).
  • If final score is 1–0, 0–0, 2–0, 3–0, 0–3 → lose £30.

4.3 When BTTS is powerful

  • Matches with:
  • Strong attack + weak defense on one or both sides.
  • Teams that play open/transition football.
  • Leagues known for goals (e.g., Bundesliga, Eredivisie) often produce strong BTTS spots.

4.4 Step-by-step BTTS approach

  • Check each team:
  • % of games where they scored.
  • % of games where they conceded.
  • Look at home vs away splits:
  • Some teams are cautious away and high scoring at home.
  • Check tactical match-up:
  • High pressing vs. risky buildup from the back often = chances both ways.
  • Compare your judgment to odds:
  • If you feel BTTS should be implied at ~65% but the odds price it at 55%, there may be value.
  • Cross-check against Over 2.5 goals:
  • Often, if you like BTTS, you may also like Over 2.5—but not always. A 1–1 is BTTS but Under 2.5.

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5. Handicap & Asian Handicap Markets

These suit more advanced bettors and are arguably the most efficient and scalable markets for serious betting.

5.1 European Handicap (3-way)

You bet on:

  • Team A with a goal start/disadvantage.
  • Draw with handicap.
  • Team B with a goal start/disadvantage.

Example: Manchester City (-1) vs Everton (+1)

  • Man City -1: need to win by 2+ goals.
  • Draw -1: City to win by exactly 1 goal.
  • Everton +1: Everton win or draw.

This version is less commonly recommended for serious value betting because it has a draw option and more bookmaker margin.

5.2 Asian Handicap (AH)

Asian Handicap removes the draw and uses whole, half, and quarter goals to balance teams.

Examples:

  • -1.0, -1.5, +0.5, +0.25, -0.25, etc.

Key idea: It aims to split the probability of outcomes so that each side of the handicap is close to 50/50.

5.2.1 Basic AH examples

Match: Real Madrid vs Sevilla

Real Madrid -1.0 Asian Handicap

  • If they win by 2+ goals: bet wins.
  • If they win by exactly 1 goal: bet is void (stake refunded).
  • If they draw or lose: bet loses.

Sevilla +1.0 Asian Handicap

  • Lose by 2+ goals: bet loses.
  • Lose by exactly 1 goal: stake refunded.
  • Draw or win: bet wins.

5.3 Why Asian Handicap is a top market

  • Lower bookmaker margins than 1X2 in many cases.
  • Fine-grained control over your risk (e.g., -0.25, +0.75).
  • Good for long-term edge if your team-strength estimates are solid.

5.4 Step-by-step with Asian Handicap

Let’s say Bayern vs Union Berlin.

  • Bookmaker offers:
  • Bayern -1.5 at 1.90
  • Union +1.5 at 2.00
  • You estimate Bayern’s chances of winning by 2+ goals as 55%.
  • The odds 1.90 → implied probability ~52.6%.
  • Your estimation (55%) is higher than implied 52.6% → potential value on Bayern -1.5.
  • Place stake sized appropriately (see bankroll section later).

5.4.1 Quarter-goal example: -0.25 / +0.25

Match: Arsenal vs Brighton

Arsenal -0.25:

  • If Arsenal win: bet wins.
  • If draw: half stake refunded, half stake lost.
  • If Arsenal lose: bet loses.

Brighton +0.25:

  • If Brighton win: bet wins.
  • If draw: half stake wins, half stake refunded.
  • If lose: bet loses.

Quarter lines help you smooth variance and avoid full losses on tight matches.

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6. Double Chance Market

6.1 What is Double Chance?

You combine two outcomes in 1X2:

  • 1X: Home win or Draw
  • X2: Draw or Away win
  • 12: Home or Away (no draw)

You’re trading lower odds for higher probability.

6.2 Example

Match: Roma vs Napoli

  • 1X (Roma or Draw): 1.55
  • X2 (Draw or Napoli): 1.65
  • 12 (Either team to win): 1.30

If you bet £40 on X2 (Draw or Napoli) at 1.65:

  • You win if Roma do not win (draw or Napoli win).
  • You lose only if Roma win.

6.3 When is Double Chance useful?

  • Betting on underdogs you think are underrated but might only manage a draw.
  • As part of accumulators when you want to temper risk (though see accumulator notes later).

6.4 Step-by-step use

  • Identify matches where:
  • Market strongly favors one side (big favorite).
  • You believe the underdog is competitive (good defense, good form).
  • Consider X2 if:
  • You don’t fully trust the underdog to win, but you think the favorite is overpriced.
  • Check if Asian Handicap offers better value (for example, +0.5 AH is similar to Double Chance).

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7. Correct Score & Scorecast Markets

These are high-variance, harder to beat but attractive due to big odds.

7.1 Correct Score

You predict the exact final score: e.g. 1–0, 2–1, 3–2.

Odds are typically large:

  • 1–0: 7.0
  • 2–1: 9.0
  • 2–2: 14.0, etc.

7.2 When is Correct Score reasonable?

  • When you have a very specific scenario in mind:
  • Defensive side vs favorite → you like 1–0 / 2–0 / 2–1, etc.
  • As small-stake fun bets, not core strategy.

7.3 Step-by-step (if you use it)

  • First decide:
  • Are you expecting low, medium, or high scoring?
  • Narrow down to 2–3 realistic scores:
  • Low: 0–0, 1–0, 1–1.
  • Medium: 2–1, 2–0, 2–2.
  • Stake very small (e.g., 0.25–0.5 units) relative to your usual bet size.
  • Track performance; if you cannot show long-term value, keep it for entertainment, not profit.

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8. Goalscorer Markets

8.1 Types

  • First Goalscorer – who scores first.
  • Anytime Goalscorer – player to score at any time.
  • Last Goalscorer – who scores last.
  • Sometimes markets for 2+ goals or hat-trick.

8.2 Example

Match: PSG vs Lyon

Anytime goalscorer odds:

  • Mbappé – 1.60
  • Dembele – 2.80
  • Lacazette – 3.50

If you bet £25 on Lacazette anytime at 3.50:

  • He scores at any point: you win £87.5 total (profit £62.5).
  • He doesn’t score: you lose £25.

8.3 When goalscorer bets are interesting

  • You have insight about player roles:
  • Striker on penalties / free kicks → better scoring chance.
  • Winger playing as inverted forward cutting inside.
  • You know about lineup changes that shift goal expectation to a specific player.

8.4 Step-by-step goalscorer evaluation

  • Estimate player’s probability of scoring:
  • Look at goals per 90 minutes.
  • Check if they are the designated penalty taker.
  • See expected minutes played (might be subbed early, coming off bench, etc.).
  • Convert implied odds to probability:
  • Mbappé 1.60 → ~62.5% implied.
  • Ask if this matches or beats your estimate.
  • If you think Mbappé scores in 60% of games, market has 62.5% → maybe no value.
  • Look for mispriced players:
  • A midfielder playing “false 9” but still priced as a midfielder may offer value.

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9. Cards & Corners Markets (Specialist Angles)

These are niche but exploitable if you study referees and team styles.

9.1 Cards Markets

  • Total Bookings (Over/Under number of cards).
  • Team Cards (e.g., Home Team Over 2.5 cards).
  • Player to be booked.
  • First card, etc.

Example: Match: Atletico Madrid vs Barcelona Total cards Over/Under 5.5

  • Over 5.5: 1.90
  • Under 5.5: 1.90

9.2 When to use cards markets

  • Derbies and high-tension matches.
  • Teams that press aggressively and foul often.
  • Referees with high average cards per game.

9.3 Step-by-step for cards

  • Research:
  • Referee: average yellow/red per match.
  • Teams: fouls per game, historical card data.
  • Consider match importance:
  • Relegation battles or heated rivalries → more cards.
  • Check line (e.g., Over 4.5, Over 5.5):
  • Compare historical averages of similar fixtures.
  • Place small to medium stakes; be aware of higher variance (a single calm match can ruin your card-based theory).

9.4 Corners Markets

  • Total corners (Over/Under).
  • Team corners.
  • Corner handicap (e.g., Team A -2 corners).

Useful when:

  • Teams play with high width and cross a lot.
  • One team dominates possession and territory.

Step-by-step is similar to cards:

  • Look at average corners for/against teams.
  • Adjust for match context: strong favorite likely to pin back the underdog.
  • Take lines like Over 9.5, Team A -1 corner, etc., only where your data shows a clear pattern.

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10. Half-Time/Full-Time & Period Markets

10.1 Half-Time Result

  • 1st half 1X2: result at half-time.
  • Can also bet Over/Under first-half goals, BTTS first half, etc.

Useful if:

  • Teams often start strong or start slowly.
  • A favorite tends to score early then control the game.

10.2 Half-Time/Full-Time (HT/FT)

You predict both HT and FT results: e.g.,

  • Draw/Draw
  • Draw/Home
  • Away/Draw, etc.

Odds are bigger because it’s a combination of outcomes.

Example: Match: Inter vs Fiorentina

  • Draw/Home (X/1) at 4.5
  • Home/Home (1/1) at 2.8

If you think Inter regularly break down teams late:

  • X/1 (Draw at HT, Inter win at FT) might be interesting.

Step-by-step:

  • Look at goal time stats: when teams score and concede.
  • Identify teams that start slow but finish strong.
  • Compare HT and FT patterns across recent matches.
  • Use small stakes, as variance can be high.

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11. Outrights and Long-Term Markets

11.1 Examples

  • League Winner (e.g., Premier League, La Liga).
  • Top 4 Finish.
  • Relegation.
  • Top Goalscorer (Golden Boot).

11.2 When are outrights appealing?

  • When you have a macro view:
  • Squad depth, schedule congestion, European commitments.
  • Transfer window impact.
  • When you can react quickly to news:
  • Star player long-term injury.
  • Manager sacked or appointed.

11.3 Step-by-step outrights approach

  • Before season:
  • Build your own power ratings of teams.
  • Consider fixture congestion (e.g., clubs in Champions League).
  • Check odds vs your expectations:
  • If you believe Team A wins league ~25% of the time, but they are priced at odds implying 15%, that’s potential value.
  • During season:
  • Reassess after each month: injuries, underlying stats (xG, xGA, etc.).
  • Look for live value when the market overreacts to short bad runs.

Remember: Outrights tie up your bankroll for months; allocate only a small percentage of your total bank.

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12. Advanced: Combining Markets & Building Strategies

12.1 Same Game Parlays / Bet Builders

You bet on multiple correlated selections from the same match, e.g.:

  • Over 2.5 Goals
  • BTTS – Yes
  • Player X to be booked

These offer high odds but usually high bookmaker margin and low expected value unless you are very skilled in modeling.

Example Bet Builder:

  • Match: Leeds vs Southampton
  • Over 2.5 Goals
  • BTTS – Yes
  • Leeds Over 4.5 corners

You’re essentially betting on a high-tempo, open game with lots of attacking play.

Advice: Use bet builders sparingly and focus on single bets for profit.

12.2 Hedging with Multiple Markets

You can sometimes balance risk:

Example:

  • You think a favorite might struggle but still edge a win.
  • You bet:
  • Underdog +1.5 AH
  • Match Under 3.5 goals

If the favorite wins narrowly (1–0, 2–1), both bets can win.

Step-by-step:

  • Define your match scenario (low/high scoring, open/closed).
  • Choose markets that logically fit that same scenario.
  • Avoid overcomplicating—2 correlated bets is usually enough.

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13. Practical Bankroll & Staking for All Markets

The best markets are useless if you manage money poorly.

13.1 Basic rules

  • Bankroll: The total amount you set aside exclusively for betting.
  • Unit size: Usually 0.5–2% of bankroll on a single bet.
  • Avoid:
  • Chasing losses with bigger stakes.
  • All-in or massive accumulator bets.

13.2 Example

  • Bankroll: £1,000
  • Standard stake: 1% = £10 per bet.
  • High confidence (very rare): 2% = £20
  • Low confidence/fun bet: 0.5% = £5

Apply this uniformly across all markets—1X2, Over/Under, AH, etc.

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14. Building Your Own “Market Toolkit”

Instead of trying to bet on everything, build a personal toolkit of markets you understand best.

14.1 For beginners

Focus on:

  • 1X2
  • Over/Under 2.5 Goals
  • BTTS
  • Double Chance

Steps:

  • Track 50–100 bets.
  • Review which markets you read best.
  • Gradually add one new market (e.g., Asian Handicap) and learn its behavior.

14.2 For intermediate/advanced bettors

Add:

  • Asian Handicaps (core focus).
  • Player props (goalscorer, cards) where you have a strong edge.
  • Niche markets (corners/cards) if you can collect and analyze data.

Steps:

  • Specialize by league: e.g. Premier League, Bundesliga.
  • Build spreadsheet databases: shots, xG, corners, cards.
  • Estimate fair odds yourself, then compare with bookmakers.

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15. Real-World Scenario Walkthroughs

Scenario 1: Underdog With Strong Defense

Match: Brighton vs Sheffield United (hypothetical form) Brighton are strong at home, big favorite, but Sheffield are well-organized and concede few clear chances.

You consider:

  • 1X2:
  • Brighton at 1.40 looks short.
  • Double Chance (X2):
  • Priced at 3.0 – interesting if you think Brighton are vulnerable.
  • Under 3.0 Asian Goals:
  • You expect a tight game, maybe 1–0 or 2–0.

Step-by-step:

  • Look at Brighton’s home scoring stats (goals, xG).
  • Look at Sheffield’s away defensive stats.
  • If both point to low scoring and Sheffield keeping it relatively close:
  • Lean towards Under goals and possibly Sheffield +1.5 AH.
  • Avoid simply backing Brighton -1.5 at poor value just because they are “bigger.”

Scenario 2: Chaotic Derby With High Tempo

Match: Dortmund vs Schalke (Revierderby; imaginary set-up)

  • High tension, attacking styles, past history with goals and cards.

You examine:

  • Over 2.5 / Over 3.0 Goals:
  • Both teams open in transitions, suspect at the back.
  • BTTS – Yes:
  • Likely both will score.
  • Cards Markets:
  • Derby, intense crowd, card-happy referee.

Step-by-step:

  • Check last 5–10 meetings: goals and cards.
  • Check recent form: have they been leaky defensively?
  • See referee data: if 5+ cards on average, Over cards becomes appealing.
  • Choose 1–2 key bets:
  • Over 2.5 goals
  • BTTS – Yes

Avoid loading too many correlated bets unless stakes are tiny.

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16. Summary: Which Markets Are “Best”?

“Best” depends on your skills, but systematically:

  • For Learning & Simplicity
  • 1X2 (Match Result)
  • Over/Under 2.5 Goals
  • Both Teams to Score
  • Double Chance
  • For Long-Term, Serious Betting
  • Asian Handicap (sides and totals)
  • Select goals markets (Over/Under, team totals)
  • Some player props (goals, cards) with good data
  • For Specialist/Niche Edges
  • Cards (referee + derby analysis)
  • Corners (team attacking patterns)
  • First-half markets if you notice strong patterns
  • For Entertainment / High-Variance Fun
  • Correct Score
  • HT/FT combos
  • Same Game Parlays / Bet Builders

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17. Action Plan: How to Improve Week by Week

Week 1–2

  • Pick 1–2 leagues you follow.
  • Bet only:
  • 1X2
  • Over/Under 2.5
  • BTTS
  • Record: bet type, odds, your reasoning, result.

Week 3–4

  • Introduce Asian Handicap (simple lines like -1, +0.5).
  • Begin rough probability estimation before looking at odds.
  • Review after each matchweek: where were you far off?

Month 2–3

  • Add one niche market that interests you (cards/corners or goalscorers).
  • Create a basic spreadsheet:
  • Team: goals, xG, corners, cards.
  • Start comparing your fair odds to bookmaker odds.

Ongoing

  • Keep stakes consistent (1% units).
  • Focus on markets where your record is strongest.
  • Cut out high-variance “fun” bets from your serious bankroll.

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By understanding and using these football betting markets step by step, you move from “guessing” to structured decision-making—which is the only way to give yourself a realistic chance of long-term success.

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