Football betting should be treated as a fun, leisure activity. Never bet with more than you can afford to lose or as a means to try and win money you really need.
Stick to a strict staking plan where you do not bet more than a certain amount depending on your strength of feeling. A 3-point bet may be reserved for when you feel most confident, whereas a 1-point bet would be for bets where you are not entirely sure, but feel the price is too big.
It is important that before you place your bet you understand how the market is settled.
Football match markets are settled after 90 minutes. If you bet on a team to win in the match result market and they win the match in extra-time, your bet is settled as a loser (the match was a draw after 90 minutes).
Similarly own goals do not count in regards to First/Last Goalscorer bets and dead-heat rules apply to markets like Top Goalscorer Outright betting if available) where players are tied. Understanding how a bet is settled and how the payout can be affected by ties will make sure you avoid confusion or disappointment. Read all our football betting Rules.
Although BetStars betslips will always show you the potential return once a stake is entered, make sure you do understand what odds like 15/2 or 1.68 mean. Choose the format that you understand the best: fractional odds, decimal odds or American odds.
Odds equal percentages. For example, 9/1 (10.00) means the event has a 10% chance of happening, while 1/4 (1.25) equals an 80% chance. Being able to convert odds into percentages will give you an advantage on deciding whether something is a ‘value’ bet or not.
Football betting is a long-term pastime. Bookmakers lose when a string of favourites all win, and similarly bettors will experience peaks and troughs with their betting. Shock results, controversial last minute goals, early sending offs etc can ensure even the best researched bet goes awry.
Unlucky losers hurt and a sequence of losses can be frustrating. Never try and chase your losses either by betting bigger on another match, or betting on events you hadn’t planned to bet on, but now see as an opportunity to get your money back.
Sometimes taking a break for a few days or longer is the best option. Refocus and wait for a match where you are really confident on.
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