How to bet on soccer
Soccer is the most popular sport in the world. Its followed by 3.5 billion fans worldwide and there are 200 million players in the world. Betting on Soccer is super fun and if you understand the rules, it can be very profitable.
At InstaBET you can bet on the most prestigious International and Domestic competitions.
The most important rule for betting on Soccer is that:
- a. Friendly Matches are graded according to the result when the game finishes (not including extra time), regardless of whether the full 90 minutes are played.
- b. First half wagers are considered official once the first half is complete.
Types of soccer bets
Three-Way Moneyline wager
In Soccer, there are three outcomes when betting the three-way moneyline:
Team A is the winner, Team B is the winner and Team A and Team B Draw
For example, Argentina played Germany in the FIFA 2014 World Cup Final and the closing three-way moneyline was:
- Germany +130
- Argentina +255
- Draw +230
Argentina and Germany were tied, 0-0, after 90 minutes of regulation, meaning the Draw +230 paid. Betting on Germany (+130) or Argentina (+255) as winners lost.
The two-way moneyline is offered in two ways: Double Chance and Draw No Bet. Both are graded solely on 90 minutes of regulation time.
Double Chance means you’re betting on a specific team to win/draw, or either team to win. The three possible results are:
Team A is the winner or draws, Team B is the winner or draws, and Team A is the winner or Team B is the winner
- Spain/Draw -135
- Netherlands/Draw +475
- Spain / Netherlands -200
Draw No Bet is a wager that eliminates the prospect of the draw completely, so the only two potential results are:
- Team A wins or Team B wins
In this type of bet, the draw or tie, is taken out of the calculation.
- COSTA RICA +725
- URUGUAY -225
If at regulation time, the game ends in a draw, then all bets are refunded and considered “No Action”.
Goal Lines Spread wager
Similar to betting the Two-Way Moneyline, the Goal Line is a type of wager that eliminates at least one outcome. Goal Lines are similar to Point Spreads in Football or Basketball.
A Goal Line is typically -0.5 goals in soccer, but for games with big favorites, the Goal Line may be higher like -1.5 or -2.5.
Goal Line odds for a World Cup match between Argentina and Iran look like this:
- Argentina -2.5 goals (+110)
- Iran +2.5 goals (-120)
When dealing with goal lines or spreads, there’s always juice associated, just like an NFL spread or NBA spread.
If you bet on Argentina -2.5 goals, then to win the bet they must win by three goals or more. It you bet on Iran +2.5 goals, that means to win the bet Iran can win, draw or lose by one or two goals.
Totals bet – over or under
Totals in Soccer are shown in multiples of 0.25 goals. InstaBET will often set a total of 2.25 or 2.75 goals.
If the game ends, 1-1, then you lose your bet on Over 2.5, and are refunded your bet on Over 2. If the game ends with three goals or more, you would win both your bets.
Another example is if you bet on Under 2.75 goals. Half of your bet is placed on Under 2.5 goals and the other half of the bet is on Under 3 goals. If the game lands on three, you’d lose half your bet (Under 2.5) and refunded the other half (Under 3).