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Charles Perrin
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Charles Perrin
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Charles has been operating as a freelance sports betting content writer for roughly 5 years. Prior to that, he was the overnight digital sports editor of the Daily Express where he presided over online coverage including breaking news and live blogs as well as boosting traffic levels. He boasts an in-depth knowledge of most sports and is adept at reviewing sportsbook brands in Canada. Away from sports betting content, Charles is a keen tennis player and he is a huge Tottenham Hotspur fan.
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Jelena Kabic is a sports betting writer that focusses on responsible gambling. A psychologist by vocation, Jelena volunteered in a rehab facility, where she worked with gambling addicts. She now reviews all our content to ensure it discusses betting in a socially responsible way.
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November 22, 2023
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Understanding Soccer Betting Markets & Finding Value Bets

Cover image for post Best Soccer Betting Markets
Best Soccer Betting Markets
Understanding Soccer Betting Markets & Finding Value Bets

Soccer continues to have mass appeal, and that is certainly the case for betting on the sport. Week in and week out, fans all over the world can tap into a wide range of markets with ease.

Some of these soccer betting markets will be extremely popular, and the purpose of this guide is to sift the facts from the fiction.

I will run through the markets that will yield value and I will also share my thoughts on some of my personal favourites. So, read on to discover more.

Quick Summary (TL;DR)

Bet99 Review – Dennis
  1. Betting markets cover various possibilities that can occur in a match/league/competition, which you can bet on. These include who wins, what’s the difference in points, overall winner, top scorer, etc.

  2. Most popular betting markets include 3-way moneyline, win from behind, both teams to score, various prop bets, and futures/outrights.

  3. Some of the underrated betting markets are totals and spread bets.

  4. bet365 tends to have the most variety when it comes to different betting markets.

Before diving head first into picks for any given game, a thorough understanding of how soccer betting works is vital.

A betting market will see money pass hands between gamblers and the sportsbook, with the operator determining and assigning the prices for two teams before kick-off.

The odds, which will be presented in a variety of ways, will highlight the probability of an event taking place in a game.

If we are to take the 3-way moneyline, for example, there isn’t a big gap in the odds that have been assigned in the Tottenham v Chelsea Premier League game in November.

To learn which betting markets are the best choice for the Premier League specifically, visit my previous page!

Tottenham is trading as marginal favourites at 2.30, while Chelsea is slightly longer at 2.95.

implied probability

Dividing 1 by the decimal odds and multiplying it by 100, we land on Tottenham having an implied probability of 43.5% of winning, while Chelsea’s implied probability sits at 33.9%.

There are plenty of tools on the web, such as AceOdds, where odds can be inputted, and they can be converted into implied probabilities, saving bettors from having to do the math.

Let’s take another example that should help crystallize things more, and this is an MLS Eastern Conference clash featuring Colombus Crew and Atlanta United FC.

If we are to refer to the moneyline, there is more of a disparity in the odds allocated despite both teams faring well in the table at the time of writing.

Columbus Crew is priced at 1.69 or has a 59.2% chance of coming out on top, while Atlanta United is valued at 4.50 which means their implied probability is a lowly 22.2%.

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Charles Perrin
About Author
Charles has been operating as a freelance sports betting content writer for roughly 5 years. Prior to that, he was the overnight digital sports editor of the Daily Express where he presided over online coverage including breaking news and live blogs as well as boosting traffic levels. He boasts an in-depth knowledge of most sports and is adept at reviewing sportsbook brands in Canada. Away from sports betting content, Charles is a keen tennis player and he is a huge Tottenham Hotspur fan.

The eagle-eyed bettor will notice the two implied probabilities add up to 81.4%. A vigour is added to the 1×2 line which means that reputable sportsbooks will take a commission on bets.

Soccer betting lines will be set a few days before a game, but they move sharply in the hours leading up to kick-off. Also, sportsbooks will have calculators to work out potential returns.

I think it is best to keep an open mind and carry out extensive research by comparing prices before choosing which operator to place a bet with.

Some bettors will prefer to gravitate toward certain soccer betting markets throughout the season, but there are a couple of niche ones that can yield value, as discussed below.

Goals Over/Under

The total goals Over/Under market probably ought to merit more attention, as it is one of those lines that can be quite challenging.

Well, in much the same way as any other Over/Under line, a bettor will predict how many goals will be scored across 90 minutes.

So, a bet on the Over 2.5 goals section, for example, means that three goals or more must be scored to return a successful wager.

Each team has to be judged on its merit, but there is a divide between the type of odds advertised for Premier League and Championship matches.

good to know!

The Championship is arguably more competitive than the Premier League.

With more matches played per season, it is notoriously tricky trying to get promoted, but like England’s top-flight, there are no “home bankers” in terms of getting three points.

In the case of Leicester vs Leeds United, both teams are targeting an immediate return to the Premier League, albeit at the time of writing, 14 points separate these two sides.

To a certain extent, the Championship Over/Under Goal odds are fairer or more realistic compared to the Premier League.

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Charles Perrin
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Charles Perrin
About Author
Charles has been operating as a freelance sports betting content writer for roughly 5 years. Prior to that, he was the overnight digital sports editor of the Daily Express where he presided over online coverage including breaking news and live blogs as well as boosting traffic levels. He boasts an in-depth knowledge of most sports and is adept at reviewing sportsbook brands in Canada. Away from sports betting content, Charles is a keen tennis player and he is a huge Tottenham Hotspur fan.

Yes, a $20 wager on there to be Over 2.5 goals at 1.70 will supply a win of $14 and a total payout of $34, and I think comparing prices between sites will bode well for bettors.

Spread

At first glance, spreads can seem like one of the more complicated soccer betting markets out there for bettors.

While they are more sophisticated, the purpose of them is to show the level of competition between two teams, and so operators will draw a line to highlight a theoretical advantage.

Spreads or handicaps will usually be set between 0.5 and 2 goals, and the team that has a negative line next to it, then they will be the favourite to fulfill the spread.

More often than not, if an operator is confident that a team will match the spread, then the level of odds between the two teams is different.

The gulf in odds can be alarming for two leagues, such as Serie A and Serie B.

While both sets of teams are flying high in Serie A and Serie B respectively, there seems to be an over-inflation of spreads for Serie A.

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Charles Perrin
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Charles Perrin
About Author
Charles has been operating as a freelance sports betting content writer for roughly 5 years. Prior to that, he was the overnight digital sports editor of the Daily Express where he presided over online coverage including breaking news and live blogs as well as boosting traffic levels. He boasts an in-depth knowledge of most sports and is adept at reviewing sportsbook brands in Canada. Away from sports betting content, Charles is a keen tennis player and he is a huge Tottenham Hotspur fan.

With Atlanta, they are valued at 3.15 for the -0.5 line which means they must win by one clear goal or more to cover the spread. A $20 wager on Atlanta would return a payout of $63. Whereas, Serie B leaders Parma are trading at just 1.63 to cover the -0.5 line against FC Suditorol Bolzanao, and they are 10 points clear of their opponents in the table.

Read LBC’s expert piece on betting on series A here.

Spreads can be quite intricate, but to get value, compare the odds and go for higher calibre teams at longer prices to achieve success.

To be an adept bettor requires a mixture of patience as well as being able to spot an opportunity to maximize profits.

With that in mind, I have identified a couple of markets that I have had a vast amount of experience in, and I have found them to be extremely useful.

Parlays

I find parlays very appetizing, especially as I can incorporate multiple selections on one betting slip.

I have used them before on many given matchdays, and I have used them for the anytime scorer markets as well as game results.

For the game results, I have just viewed them as being more advanced 1×2 lines where I have assessed the fixtures and gone for four results rather than just back the favourite.

Betano, for example, is well-versed in parlays, and usually, I will input at least three picks. In my recent betslip, I have included four selections across various leagues.

Brighton v Ajax Europa League same game parlay (Betano)

The odds ended up paying at just over 35.00, and a $20 wager will mean I stand to pocket a return of $705.34.

Of course, all legs of the wager will need to come through for me to win, however, the beauty of parlays is that you can get some surprise results.

Newcastle to beat Arsenal or Borussia Dortmund to beat Bayern Munich as my choices might not represent seismic shocks, but I like to look at head-to-heads and other stats to influence my picks.

Borussia Dortmund goal stats for recent games

Borussia Dortmund goal trends this season

Correct Score

To a certain extent, the Correct Score market can be hard to gauge sometimes for many bettors, but I have found it to be a profitable line.

Although there is an element of luck involved, I’m the sort of person who likes to look for trends.

I will happily trawl through various strands of data to find the answer I’m looking for, but remember, the final result for a payout has to be spot on to get a return.

The Correct Score is perhaps one of the most under-appreciated soccer betting markets out there, but it is available at our recommended operators.

Below, I have used an example of an upcoming clash between AC Milan and Udinese.

AC Milan v Udinese: Tie Odds

The 8.50 line for a 1-1 tie appears to be appealing, and a $20 wager would pocket a total return of $170.

Having noted that three of the past five clashes between these two sides have ended in a 1-1 tie would suggest that this scoreline is a popular result.

I have had some luck with this line, but I would never just pick a correct score at random. No, it would be based on exploring patterns as well as exploring how each side might set up.

Generally speaking, most sportsbooks will have a similar variety of soccer betting markets available, and the sharpest ones out there will leave no stone unturned.

Yes, they will incorporate the lines discussed earlier in this guide, and the odds will be assembled well in advance of a match.

After all, bettors want greater choice when it comes to finding pre-match markets that best suit their needs.

For novice and experienced bettors, bet365 stands out as an operator, and the scope of markets available is impressive.

Beginners, for example, can extract value from the 1×2 scoreline or certain props before advancing on to more sophisticated lines.

Of course, each line comes with its own set of advantages and drawbacks, but bet365 usually posts competitive odds, and the site has a brilliant mobile app for iOS and Android users.

Not only that, but bet365 also has a live stream, so players can keep on top of the live action as it unfolds, and it is one of the finest sportsbooks in Canada.

FAQs

Sources:

Soccerbase – La Liga head-to-head record for Real Sociedad v Barcelona: https://www.soccerbase.com/teams/team.sd?team_id=2192&team2_id=224&teamTabs=h2h

Borussia Dortmund v Bayern Munich preview – https://www.bundesliga.com/en/bundesliga/news/bayern-munich-s-harry-kane-record-breaking-form-ahead-of-dortmund-klassiker-25201

Charles Perrin<

Charles Perrin

Charles has been operating as a freelance sports betting content writer for roughly 5 years. Prior to that, he was the overnight digital sports editor of the Daily Express where he presided over online coverage including breaking news and live blogs as well as boosting traffic levels. He boasts an in-depth knowledge of most sports and is adept at reviewing sportsbook brands in Canada. Away from sports betting content, Charles is a keen tennis player and he is a huge Tottenham Hotspur fan.

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