Video guide to making profitable football bets on Betfair.
In this video guide we were supposed to show you how to make a profitable football bets using Betfair.com. But it went wrong. Spot the mistake! Bear in mind it still serves to show how to get the information to make profitable football bets on Betfiar.
The Result
Chelsea: 3 Tottenham: 0
So I lost my money. Nevertheless it still illustrates how you can make profitable football bets on Betfair. We have used the goal betting market as an example.
Yes, I wasn't paying attention, easily done when you're on camera! Any how. You can see how the goal betting data we had can pay off.
What information did we have that could have allowed us to make money from this bet? All we had was the number goals each team has scored this season.
Four out of five of Cheslea's games resulted in more than '2.5' goals at that point in the season and five out of five of Tottenham's games resulted resulted in over '2.5' goals. With Chelsea producing an average of 3 goals per game and Tottenham producing an average of 3.8 goals an over 2/5 goal bet was the only option.
In addition to using the goal data other factors play apart. Some are more important than others. The result was a suprise as Jermain Defoe has been firing on all cylinders so far in the season; he mavericked a few strikes on goal, as you can see from video below. However, if you look at Chelsea's defensive capabilities possibly this result shouldn't suprise us. This can be shown by their goals conceded and corners conceeded record.
Chelsea 3 Tottenham 0
Tottenham don't have a great record for winning against the big four. Their recent attackinig form possibly made them vunerable around goal. Goals from Ahsley Coal, Micheal Ballack, and Didier Drogba are proof of this. Tottenham now have something to prove. Watch for this early season high goal count to continue.
What if you'd placed a spread bet?
Thats a good question. You could have won more money but also lost more money. A sports spread betting company like BetHiLo would have offered you a spread of somthing like 2 - 2.5 goals. In this example we will assume each goal is worth 10 points.
If we bet £2 per point the Chelsea Tottenham game would have yielded 5 points (difference between 2.5 and 3). You would have won £10. This would have given you a bigger profit than the Betfair example. So what about your liability. You liability is fixed here because I've not heard of a negative goal result. No goals would mean a potential 20 point loss. That's £40.... Ouch. Although, we know chances are goals will come, especially as it's early on in the season. Not only that our prediction is backed by the goal data we have. So really, our down side is limited. As long as two goals have scored we've broken even. Nice.
Using a free bet offer from BetHiLo this bet could have won you twice as much. Matching your first bet up to £30 you could have won £40 on a matched stake of £4 or £300 on a matched stake £60.
Round up
Using the right information to place online football bets can be very profitable. We have concentrated on Betfair becuase the odds are better and there is more flexibility. Follow our guide to betting exchanges from our home page for more information. A great alternative to Betfair for football over and under bets is sports spread betting. As long as you minimise the downside. We recommend BetHiLo because you can stake small amounts and you liability is clearly stated. Not to mention the