Football stands as the most widely gambled-on sport worldwide, with a staggering annual global wager exceeding $500 billion.
Given the substantial amount of money placed on soccer matches each day and the wealth of information readily accessible to bettors through the internet, one might assume that profiting from the sport is a straightforward endeavor.
Regrettably, the reality is that only a minuscule percentage of individuals succeed in making a profit from betting on this captivating game. Research indicates that approximately 98% of gamblers end up losing money.
The markets exhibit an exceptional efficiency in predicting game outcomes, swiftly capitalizing on any profitable opportunities that arise and promptly eliminating them as the markets adjust.
Nonetheless, there are a few methods through which one can profit from football betting, including a handful that involve minimal risk.
Before we get on to the specific strategies you can use however, we take a look at the fundamentals to adhere to if you are betting on football.
The Key Fundamentals to Betting Successfully on Football
While luck plays a role, successful football betting requires a combination of knowledge, analysis, and discipline.
Getting these fundamentals right is crucial to being successful in your football betting, whichever strategy you use.
These fundamentals include:-
- Research and Analysis:
The foundation of successful football betting lies in thorough research and analysis. Stay informed about team news, player form, injuries, and any other relevant information. Analyze past performances, head-to-head statistics, and consider the overall team dynamics. This information will help you make informed decisions and identify value bets.
- Bankroll Management:
Effective bankroll management is crucial for long-term success in football betting. Set a budget for your betting activities and avoid chasing losses. Divide your bankroll into units, and only risk a small percentage on each bet. This approach helps minimize the impact of losing streaks and ensures you have enough funds to capitalize on winning streaks.
- Understand Odds and Probabilities:
Football betting odds represent the bookmakers’ estimation of the probability of an event occurring. Understanding how odds work is essential for making informed bets. Convert odds into implied probabilities to assess the likelihood of an outcome. If you believe the actual probability is higher than the implied probability, it may be a value bet.
- Specialize in Specific Markets:
Football betting offers a plethora of markets, ranging from traditional match outcomes to more specialized options like over/under goals, both teams to score, and Asian handicaps. Specializing in specific markets allows you to develop expertise and gain an edge over the bookmakers. Focus on markets that align with your research strengths and understanding.
- Shop around for the Best Odds:
Different bookmakers may offer slightly different odds for the same event. To maximize your potential returns, shop around for the best odds. Utilize multiple bookmakers and betting exchanges to ensure you are getting the most favorable prices for your chosen bets. Over time, even small differences in odds can significantly impact your overall profitability.
- Stay Disciplined and Emotionally Detached:
Emotional decision-making is the downfall of many bettors. Avoid chasing losses, and don’t let a winning streak cloud your judgment. Stick to your pre-defined strategies and don’t deviate based on emotions. Maintain a disciplined approach, and remember that losses are a part of the game.
If you can stick to these six fundamentals, you will have a much better chance to make money from your football betting.
Strategies to Make Money from Football Betting
Now we explore the top five proven approaches, all of which have undergone rigorous live trials conducted on this very site.
5. Follow Top Traders
One effective method for generating profits through football betting involves following experienced traders, and platforms like Goal Profits provide a prime opportunity for this. By joining their live chat room, you can follow seasoned traders who share the games they plan to trade, the strategies they will employ, and their in-play moves.
Kevin and Steve, recognized professionals at Goal Profits, have exhibited significant success over several years and have amassed a substantial online following. They specialize in diverse strategies, including correct score predictions, over/under betting, and half-time markets.
Furthermore, Goal Profits offers a valuable resource for developing your own strategies. With an extensive database of over 200,000 matches, it provides ample information to support your betting endeavors. Additionally, the platform allows you to access league tables based on various factors, such as teams’ performance when trailing 1-0 in games and similar metrics.
Goal Profits is a comprehensive trading platform featuring a live stats module and numerous other valuable features. Whether you aim to enhance your trading skills by following their professional traders or forge your own path, Goal Profits serves as an excellent starting point. It equips you with all the necessary tools and resources to elevate your trading experience and achieve your desired outcomes.
4. Bet on the Draw
The strategy of wagering on a draw is often underestimated in football betting. While the majority of bettors lean towards placing bets on one team to win, very few consider supporting the possibility of a draw. Interestingly, bookmakers note that draw bets receive significantly less attention and money compared to bets on other match outcomes.
Consequently, the odds for a draw can often be higher than warranted. Nonetheless, it’s crucial to acknowledge that indiscriminately betting on draws for all games is not a profitable strategy, given the impact of bookmakers’ over-round or exchange commission, which could result in sustained losses over time.
The key lies in pinpointing specific matches where betting on a draw offers genuine value. Focus on leagues and teams recognized for their propensity to draw, such as those in low-scoring leagues or teams that frequently settle for draws. Certain teams exhibit a notable tendency to have many drawn games.
Therefore, diverging from the common trend and choosing to bet on the draw in the right circumstances can prove to be a lucrative approach in football betting.
3. Use a Top Tipster to Make a Tax-Free Second Income
Achieving profitability as a football bettor demands significant effort. Analyzing form, statistics, team news, head-to-head records, and various other factors can be time-consuming, particularly for individuals with busy lives.
A reliable solution to this challenge comes in the form of a reputable tipster. Tipsters dedicate hours to studying form, statistics, and identifying valuable bets, ultimately saving you time and effort. If you find a tipster with a proven, long-term record of profitability, there’s a good chance you can make money by following their recommendations.
Several top tipsters in the industry have generated substantial earnings, with some making hundreds of thousands of pounds per year. Following their expertise allows you to capitalize on their knowledge and potentially achieve significant profits.
Here are three exceptional football tipsters discovered through our research:
- The Inside Man: Established in 2020, The Inside Man used to work for a top bookmaker but are now on the other side of the fence as a professional punter. Focusing on major European leagues, Champions League, Europa League, and international tournaments, they provide bets in markets including Asian handicap, match odds and player passes. With a total profit of over 150 points and an impressive £3,000 profit at £50 stakes during our trial, The Inside Man stands among the top football tipsters available.
- Banker Bets: This tipping service has maintained an exceptional record of success over five years. With a remarkable total profit of 140% and a striking success rate exceeding 85%, their tips consistently yield winners. In our trial, they also performed very well, making 126 points profit. Banker Bets have expanded beyond the match odds market, now covering draw no bet, double chance, and Asian handicap markets as well.
- Winning Footy Tips: Operating under the Bets for Today website, this long-running and successful tipster has accumulated over 190 points in profit since 2012. With a return on investment exceeding 10%, their primary focus lies on major European leagues, offering tips in the match odds market along with HT/FT and other specialized markets. Winning Footy Tips‘ consistent performance over the long term has established their credibility.
By following reputable tipsters like these, you can enhance your football betting profitability. They handle the hard work and research, allowing you to simply follow their tips and enjoy the potential for substantial profits.
2. Go Against the Crowd to Profit from Soccer
Rather than depending on professional traders or football tipsters, an alternative approach involves creating your own football betting strategies. While more challenging, this method has the potential for long-term benefits and can serve as an independent and reliable source of additional income.
For those considering developing their own system or strategy, we recommend adopting a contrarian approach, essentially going “against the crowd.” This involves steering clear of conventional and popular picks and exploring unconventional options. Nick Mordin eloquently encapsulated this approach in his book “Against the Crowd,” primarily focused on horse racing but applicable to any sport.
Football betting often falls victim to a “herd instinct,” where people tend to flock towards the same predictable “bankers” on their bet slips. However, for true profitability, it can be advantageous to go against the popular big-name teams and instead support underrated teams that may offer better value.
A compelling example of this approach emerged in the 2015-16 Premiership season when Leicester City defied all odds and clinched the title. Even midway through the season, Leicester City maintained favorable odds in their matches, especially against prominent teams, despite their outstanding form. Many renowned teams like Chelsea, Manchester United, and Arsenal were struggling at the time.
Similarly, it can be profitable to go against out-of-form big-name teams. Post-Alex Ferguson era Manchester United consistently presented poor value as a betting option (and were favorable to oppose) simply due to their reputation, despite their squad not being as formidable as in the past.
The same principle holds true for European clubs such as Barcelona and Real Madrid, which may not live up to their former glory and are often mispriced solely based on their name recognition, misleading casual bettors.
You might have your own distinctive ideas for creating a successful football strategy. Irrespective of your approach, it’s essential to adopt a different perspective from the majority of punters and carve out your own niche.
Furthermore, it’s advisable to test your system or engage in “paper trading” to assess its effectiveness before committing real money. This enables you to evaluate its performance, make necessary adjustments, and refine it before fully implementing it in actual betting scenarios.
1.Use a Matched Betting Product and Take the Bookies to the Cleaners
The most efficient and dependable method to generate profits from football gambling is by utilizing a matched betting product like Profit Maximiser.
This platform consolidates all the ongoing free bets and bonuses provided by bookmakers, offering guidance on how to maximize them and ensure a profit irrespective of the outcome.
Every month, numerous offers of this nature become available, and many individuals have successfully earned a full-time income through matched betting, raking in over £20,000 per year.
The attractiveness of these offers lies in the intense competition among bookmakers in a crowded market, leading them to provide incentives to encourage betting activity.
Instead of experiencing losses, you can leverage your knowledge and capitalize on these offers to consistently earn risk-free money week after week, transforming into a savvy bettor.
We personally conducted a three-month live trial and achieved remarkable results, accumulating over £2,000 in profit.
For the most effective approach to profit from football, we highly recommend engaging with Profit Maximiser. It is important to note, however, that matched betting is only viable in countries that permit free bets, such as the UK and Ireland.
If you reside in a territory where this option is available, you can utilize the funds generated from matched betting for other forms of gambling or simply enjoy the luxuries of life by pocketing the earnings.
Earning profits from football betting can be challenging, as most bettors end up losing money. However, there are three avenues we recommend to enhance your chances and gain an edge: utilizing a matched betting product like Profit Maximiser, relying on a reputable football tipster, or dedicating time to develop and test your own betting systems.
If you’re on a tight budget, you can even explore free football tips as an alternative to subscribing to paid services.
We welcome any additional suggestions or ideas you may have regarding making money from football betting. Feel free to share your thoughts with us below!