Although we would not know it based on airplay in North America, the game of soccer is the most beloved sport in the world, by any measure. Soccer is the most watched, the most played, and the top grossing sport on the planet, agreeing to any study ever done on those topics. Soccer is relatively easy to get into, not requiring a lot of equipment at the very basic level, and it’s no wonder that sports population can actually recognize with it, and how it has come to be so popular.
When a sport is as well known and well loved as soccer is, you can be sure that there will be a high level of sports betting activity following teams all over the world. The most money will be wagered in Europe, of course, the home of the top grossing soccer leagues in the world. However, even in North America pitch fans will find ample opportunities to place a wager on their team, as there are any leagues operating in the United States and Canada.
One of the great things about sports betting is that it ordinarily follows the same basic rules and patterns, no matter which sport one is interested in. Soccer betting has the same types of wagers to be located as American football or baseball. As it is a relatively low scoring sport, those betting on soccer tend to play the money line. With money lines, a bet is located on the team that the bettor thinks will win.
Money lines look like this:
Chicago Fire -180
Kansas City Wizards +120
Chicago is the beloved soccer club here, as far as the bookmakers are concerned. There are more wagers being located on Chicago than on Kansas City, thus a bettor will have to pay 0 in order to win 0. On the other hand, if a bettor wants to take Kansas City as the underdog, he or she can win 0 if the Wizards take the match for every 0 wagered. Taking the underdog seems like the best value, but remember that they have to win the match in order for you to get that money!
There is a version in soccer betting of the spread, a very beloved sports betting formula for many sports. In soccer wagering, the spread is known as the goal line. The beloved team has a higher payout, but bets are only paid if the favored team wins by a set amount of goals (usually two). Conversely, if the underdog loses by less than two goals, those who bet on them (in the above example, the Wizards) will accumulate on their bets.
One of the advantages of soccer betting, at least in the United States and in Canada, is that there is a real chance to make some profit for those who know what they are doing. Soccer is not as beloved as other sports, and is still at the “fan level” when it comes to sports betting. That means that the bets are still being located mostly by fans of the game, who tend to pick their beloved teams. This means that many bets on underdogs are a good value, and can be taken benefit of by bettors with an idea about the teams, game, strategies, and history.