- How Do Betting Odds Work In Soccer Teams
- How Do Betting Odds Work In Soccer Players
- Sports Betting Odds
- How To Understand Betting Odds
- How To Read Betting Odds
- How Does Sports Betting Odds Work
Welcome to the Sports Betting Odds section of The Sports Geek. If you are new to sports betting and don't understand how to read betting odds (+150, -110, +2200, etc) we will lay it all out for you and help you learn how the betting odds work.
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Sports Betting Odds Explained
How does the odds on betting work. Betting pool percentage, totesport sport betting, how does the odds on betting work, final four odds to win it all, soccer 1x2 betting explained, live betting. Learn how spread betting works in soccer matches. Spread bets involve betting against a bookmaker's decision on various elements of a game. For instance, if a bookmaker predicts there will be 11 to 12 corners in a game, the spread will be set at 11-12. If you think there will be more, you can buy a corner at, for instance, $5 per corner.
- How do betting odds work, how to transfer money for betting and how to place a bet.
- The New Jersey State legislature acted upon that authority and enacted a 2012 law to legalize those types of sports betting. As the chance of winning.
Many people don't know how to read or calculate sports betting odds, so below we have done our best on explaining how betting odds work. The most common type of sports betting odds used in North America are the American style odds which we explain below.
American Style Sports Betting Odds
Most online sportsbooks will list their odds in what is called 'American Odds'. There are a couple different versions of sports betting odds, but these American Odds are the most common odds used. Reading and understanding sports betting odds can bet a little confusing to beginners, so we have provided an example below using two NFL football teams:
American Odds
- Matchup Odds
- New England Patriots +120
- Pittsburgh Steelers -140
The number shown in the bracket represents the odds. The American Odds have two components to them, the first being the positive or negative sign, and the second being the number that follows the sign.
The sign in front of the number indicates whether placing a wager on that outcome will pay out more money then you have wagered or less money then you have wagered. If the odd is negative (-) it means that outcome is more likely to happen and placing a bet on that outcome would payout less than the amount you wagered, while a positive (+) odd shows that the outcome is less likely to happen and it would pay out more than the amount you wagered.
The next step is figuring out exactly how much the bet pays out, which is where the numbers in the odds come into play.
A listed odd with a – sign in front of it, such as the -140 in our example above, shows us how much money you would need to wager in order to win $100. How to win on slot machines every time machine. So using the -140, this would show us that you would need to bet $140 in order to win $100 in profits. You can easily substitute the $100 bet for a $10 bet by moving the decimal place over one spot, showing us that you would need to wager $14 in order to win $10 in profits.
Examples:
A listed odd with a + sign in front of it, such as the +120 in our example above, shows us how much money you would win on a $100 bet. Using the +120 odds, it shows us that a $100 bet on that outcome would pay out $120 in profits. Again this can easily be converted into smaller or larger size bets. A $10 bet on +120 odds would pay out $12 in profits.
Examples:
Below is an example of NFL betting odds taken from an online betting site.
In this example you can see Los Angeles is listed at +130 ($100 bet pays $130 plus of course your original wager back) and New England is listed at -150 ($150 bet pays $100).
The great thing about betting online is that the online sportsbooks will do the calculations for you before you place your bet. You can click on the outcome or team you would like to bet on, and then input the amount you wish to wager and it will show you your potential pay out before you confirm your bet.
Ready To Start Betting?MyBookie and BetUS are my two favorite sportsbooks and make betting very easy. You will also get a Free Money Bonus at each sportsbook if you follow either link above.
Decimal Style Sports Betting Odds
Decimal style odds are used mostly in Europe, and are pretty easy to understand. To calculate the decimal style odds all you will need to do is simply multiply the amount you wish to wager by the decimal odds shown and you will get your payout. For example it may look something like this:
Favorites for us open 2018 calendar. If you wanted to place a $10 wager on the USA at 2.40 you would simply need to multiply your $10 wager by the 2.40 odds (10 x 2.40) to find out that the payout is $24. It is important to realize that with decimal style odds it includes the amount you wagered, so to find out profits you would need to subtract your wager ($24 – $10) to find out your potential payout is $14 in profits.
If you wanted to place a $10 wager on Brazil you would again just multiply $10 x 1.55 to find out that you would win $15.50 total or $5.50 in profits.
Decimal style betting odds are very simple to understand, but you won't see them displayed in many North American sportsbooks. With that said, most online betting sites will allow you to chose the style of betting odds you want displayed, with American odds set as the default.
Soccer betting is continuing to become more popular in the US every year.
The sport might take a backseat to NFL football and basketball, but with so many different leagues, soccer markets are expanding at American sportsbooks.
With more states offering legalized online sports betting than ever before, most are home to multiple online sportsbooks that feature a variety of soccer betting odds.
Most popular leagues to bet on at legal US sportsbooks
Soccer is, by far, the world's most popular sport overall. More than 4 billion fans follow soccer worldwide.
In Europe, there is no question of which sport is tops in popularity. Every country in Europe includes multiple professional leagues. These consist of the English Premier League, La Liga, Serie A and Bundesliga.
Besides the most wagered-on leagues, European teams play in club and international tournaments. The best club teams every year compete in the UEFA Champions League. The Euro is another top competition consisting of international clubs.
Domestically, many in the US wager on Major League Soccer, along with the top leagues in the world. The World Cup is another top event bet on everywhere.
For those who love soccer, most legal sportsbooks include odds on additional leagues. There are hundreds of soccer leagues to bet on when you consider the subdivisions and every nation with the sport.
Soccer betting during coronavirus shutdowns
Soccer is one of the select sports watched and gambled on in this country. It also helps that there are a lot fewer markets to bet on at the moment.
Since many US sports are postponed, soccer is one of the few live sports remaining for bettors. Several other countries around the globe are still playing matches regularly. Not to mention, these leagues are most likely available at your favorite online sportsbook.
Soccer in Belarus is now one of the favorites at some of the top books. The league gives betting platforms plenty of options for weekly matches.
Soccer matches are playing in Nicaragua as well, and Germany's premier level, the Bundesliga, is also back.
Mobile betting apps provide a variety of betting options for every soccer match. Leagues that are showcased will include multiple markets, like game and player props, in addition to standard lines.
In which states can I legally bet on soccer?
The following shows the states where soccer betting is legal and markets are available at sportsbooks:
State | Is sports betting legal? | Is online sports betting legal? |
---|---|---|
Arkansas | Yes | No |
Colorado | Yes | Yes |
Delaware | Yes | Yes, launch undetermined |
Indiana | Yes | Yes |
Iowa | Yes | Yes |
Mississippi | Yes | Yes, on-property only |
Montana | Yes | Yes |
Nevada | Yes | Yes |
New Jersey | Yes | Yes |
New Mexico | Yes, at multiple tribal casinos | No |
New York | Yes | No |
North Carolina | Yes, pending launch | No |
Oregon | Yes | Yes |
Pennsylvania | Yes | Yes |
Rhode Island | Yes | Yes |
Tennessee | Yes, pending launch | Yes, pending launch |
Washington DC | Yes, pending launch | Yes, pending launch |
West Virginia | Yes | Yes |
Like with most sports, soccer matches can include a wide variety of betting markets. All sportsbooks should provide the basics: moneylines, goal lines and totals.
Odds can get much more extensive, though. Depending on the sportsbook and which match you're looking to wager, you may find player, team, and game props.
Player props could include:
- First goalscorer
- Last goalscorer
- Will a player score?
- Will a player be carded?
- How a player scores
Team props have odds for team totals, match results, whether the team total will be odd or even, if a team wins both halves or if a team wins in a shootout.
Game props consist of picking the correct score, halftime/full-time results, winning margin or if there will be a goal in both halves.
These will vary on which betting app you're using, and the popularity of the league and teams. MLS, along with Europe's top leagues and tournaments, will usually feature a wide selection of betting options.
Soccer betting apps
Like with most legalized sports betting, the majority of soccer wagers are placed through mobile sports betting apps. These online sportsbooks are convenient because you're able to bet at any time while located anywhere in your state.
Instead of traveling to the nearest retail sportsbook, you can access soccer markets from your mobile device.
Depending on which state you live in, there are plenty of great online sportsbooks. The best mobile platforms have an abundance of betting markets, including live in-game wagering.
Some of the best options available are DraftKings, FanDuel and BetMGM.
DraftKings Sportsbook
DraftKings was one of the first mobile betting apps to launch in the US. It's had success in several states and delivers a quality sports betting product.
The DraftKings mobile app is very user-friendly and offers competitive lines for every sport. DraftKings showcases as many betting options for soccer matches as any other book in any market.
You will find every game from every league, with a range of markets for each. The online sportsbook also features extensive live betting options.
FanDuel Sportsbook
FanDuel is another top sports betting app and is among the best online sportsbooks available in any market.
Like DraftKings, FanDuel has had a lot of success and is continuing to expand. It is also available in multiple states across the US.
FanDuel's soccer markets are intricate as well. The online sportsbook lists a bunch of odds for every game, including lots of prop bets. It even gives alternate lines for total goals.
Live betting on soccer with FanDuel is great too. You're able to choose from plenty of markets with highly competitive odds.
BetMGM Sportsbook
BetMGM has also been successful and is popping up in additional states around the US. The mobile betting app is great for wagering on soccer, as well as many other sports.
Similar to the other apps mentioned, BetMGM provides soccer bettors everything they need. It includes odds for all types of leagues and competitions.
You can choose between many betting markets, too. Beyond the standard lines, BetMGM includes a long list of props for every game. Shark tank poker room columbus ohio.
Its live in-game betting markets are among the best, as well.
How does betting on soccer work for US sports bettors?
Betting on soccer is a little more confusing than betting on a lot of other team sports. While you can wager strictly on a match's outcome through a moneyline bet in most sports, that isn't the case with soccer.
Because matches can (and often do) end in a draw, most sportsbooks provide three-way moneylines for soccer.
You're eligible to bet on either team playing, as well as a draw. Therefore, if you pick one of the teams' moneylines to win a match and it ends in a tie, then you lose your bet.
Even if you've taken the underdog with long odds, you have to bet on a draw to occur in order not to lose your wager.
In a lot of other sports, typically, a draw means that your bet pushes. However, since sportsbooks give you that option in soccer, your selection must be correct to win.
Some books will give you alternate two-way moneyline odds. Of course, the odds for each side are slightly reduced. However, a draw results in a push rather than a loss.
Another interesting part is the point spread for soccer matches, also known as the goal line.
While sports like baseball and hockey always feature the same spread for each game (-1.5) with adjustable odds, soccer is different. Despite some matches being low scoring, goal lines can drastically differ.
Usually, they're listed around 1-2 goals, but in some cases, a team could be laying as many as 5 goals.
Like with all sports, the favorite giving the goal line must cover the spread in order for you to win the wager. It's possible to push in this scenario as well, only if the spread is an even number (-1, -2, etc.).
Betting on totals in soccer is about the same as other sports, too. You're able to wager on how many total goals are scored in the match by both teams.
The over/under will be set at a specific number. If there are more goals scored than the set total, then the over cashes.
Another nuance of soccer betting is that most bets are designated for full-time results. So, this means that only the scoring and outcomes from the first 90 minutes of the game count.
While this usually marks the conclusion of most matches, certain games could be eligible to go to extra time. Matches that occur in competitions, like the World Cup or Champions League, could include two extra periods of play or a penalty shootout. Typically, anything that happens during the extra time will not count toward any of the betting lines.
Outside of these common bet types, soccer wagering can include a lot of other options like team, game and player props.
Player props mostly consist of just the top players for each game. You can put action down on if a player is the first goalscorer, if they'll score at any point in the game, or if they'll score multiple goals.
Other props involving assists, cards and how a player scores exist.
These types of soccer bets have much better odds than the regular lines provided for matches. Obviously, it depends on the player, but the majority of goal props have plus odds and can even range well over +1000.
Live betting in soccer is just as popular as it is in other sports and sportsbooks provide more than enough options.
You'll be able to bet on updated odds for the moneyline, goal line, total and more with most mobile platforms. A lot of the best apps include a lot of other markets, like alternates for the standard lines along with some props.
Live betting for soccer should be available at every legal online sportsbook. More important matches in the elite leagues around the world will probably have more options than others.
Which soccer leagues can I bet on right now?
Since the majority of pro sports are on hold at the moment, there aren't nearly as many soccer markets to wager on. Sportsbooks now offer betting odds for the remaining soccer leagues still playing, even if they are not nearly as popular.
Currently, these leagues are active and available to wager on at sportsbooks:
- Belarus Pro League
- Chinese Taipei
- Nicaragua
- South Korea
- Turkmenistan
Although these leagues are helping fill the void in gambling markets, soccer fans are anxious for the major leagues to return. Here are the most recent updates for the most popular leagues in the world:
How Do Betting Odds Work In Soccer Teams
UEFA Champions League
The Champions League, probably the biggest event in soccer, consists of Europe's best club soccer teams. The competition often includes some of the best clubs in the world like Barcelona, Real Madrid, PSG, Juventus and Bayern Munich.
The tournament plans to come back in the quarterfinal round in July. If all goes to plan, the Champions League final will play in Istanbul on Aug. 29.
English Premier League
England's top-flight league is one of the most popular and competitive soccer leagues anywhere. With Liverpool on the brink of their first league title since 1990, it is uncertain of when the Premier League will come back.
EPL restarted in June 2020.
La Liga
Spain's top league has an uncertain future, as well. Barcelona and Real Madrid are both eager to return in their attempt at another title.
La Liga returned in June 2020.
Serie A
Italy's premier league has already been cleared to begin training on May 18. Serie A restarted in June 2020.
Bundesliga
The top German league is back on the field after a lengthy shutdown delay.
Bet on the Euros/World Cup 2022
How Do Betting Odds Work In Soccer Players
Besides betting on individual games, a lot of soccer bettors place futures wagers on big tournaments. Two of the biggest upcoming events are the European Championship and the 2022 World Cup.
You're able to bet on both tournaments several months in advance. Futures will include multiple options when the competitions are closer to starting. However, some sportsbooks already have odds posted for which team will win the title.
These odds are favorable since there are a lot of teams in each tournament and because they haven't started yet. Most sportsbooks will continue to provide updated odds to win the matches as they progress, too.
Both events include several qualifying tournaments and matches teams must play in order to make the field. Once the teams are set, both competitions begin with every squad formed in groups.
Those teams play each other to determine which can advance. The group winner, as well as the runner-up, move on to the knockout stage. The standings are based on points and goal differential.
Euro 2020
Sports Betting Odds
The Euro 2020 won't play until 2021, but will still be regarded as the Euro 2020 Championship. Twenty-four teams will play in 12 different host countries. The final is set for July 11, 2021, at Wembley Stadium in London.
World Cup 2022
The next World Cup is set to play in 2022; however, the location is still up in the air. It was originally scheduled to take place in Qatar, but bribery allegations have opened up discussions about relocating.
How To Understand Betting Odds
The tournament will include 32 teams. If Qatar remains the host country, the World Cup final is scheduled for Dec. 18, 2022.
Betting on MLS
The most popular soccer league played in the US is Major League Soccer. MLS first started in 1996 and has come a long way since then.
It now features 26 total teams and is attracting a lot more attention from fans and bettors. While wagers on MLS don't reach the handle generated for NFL, NBA, MLB and NHL, they have closed the gap.
How To Read Betting Odds
MLS is now regarded as a respectable soccer league with a lot of quality players throughout it.
It's currently in its 25th season, with all matches postponed at the moment. Every team has only played two games, thus far. The league recently extended its stoppage until at least June 8.
Soccer betting is continuing to become more popular in the US every year.
The sport might take a backseat to NFL football and basketball, but with so many different leagues, soccer markets are expanding at American sportsbooks.
With more states offering legalized online sports betting than ever before, most are home to multiple online sportsbooks that feature a variety of soccer betting odds.
Most popular leagues to bet on at legal US sportsbooks
Soccer is, by far, the world's most popular sport overall. More than 4 billion fans follow soccer worldwide.
In Europe, there is no question of which sport is tops in popularity. Every country in Europe includes multiple professional leagues. These consist of the English Premier League, La Liga, Serie A and Bundesliga.
Besides the most wagered-on leagues, European teams play in club and international tournaments. The best club teams every year compete in the UEFA Champions League. The Euro is another top competition consisting of international clubs.
Domestically, many in the US wager on Major League Soccer, along with the top leagues in the world. The World Cup is another top event bet on everywhere.
For those who love soccer, most legal sportsbooks include odds on additional leagues. There are hundreds of soccer leagues to bet on when you consider the subdivisions and every nation with the sport.
Soccer betting during coronavirus shutdowns
Soccer is one of the select sports watched and gambled on in this country. It also helps that there are a lot fewer markets to bet on at the moment.
Since many US sports are postponed, soccer is one of the few live sports remaining for bettors. Several other countries around the globe are still playing matches regularly. Not to mention, these leagues are most likely available at your favorite online sportsbook.
Soccer in Belarus is now one of the favorites at some of the top books. The league gives betting platforms plenty of options for weekly matches.
Soccer matches are playing in Nicaragua as well, and Germany's premier level, the Bundesliga, is also back.
Mobile betting apps provide a variety of betting options for every soccer match. Leagues that are showcased will include multiple markets, like game and player props, in addition to standard lines.
In which states can I legally bet on soccer?
The following shows the states where soccer betting is legal and markets are available at sportsbooks:
State | Is sports betting legal? | Is online sports betting legal? |
---|---|---|
Arkansas | Yes | No |
Colorado | Yes | Yes |
Delaware | Yes | Yes, launch undetermined |
Indiana | Yes | Yes |
Iowa | Yes | Yes |
Mississippi | Yes | Yes, on-property only |
Montana | Yes | Yes |
Nevada | Yes | Yes |
New Jersey | Yes | Yes |
New Mexico | Yes, at multiple tribal casinos | No |
New York | Yes | No |
North Carolina | Yes, pending launch | No |
Oregon | Yes | Yes |
Pennsylvania | Yes | Yes |
Rhode Island | Yes | Yes |
Tennessee | Yes, pending launch | Yes, pending launch |
Washington DC | Yes, pending launch | Yes, pending launch |
West Virginia | Yes | Yes |
Like with most sports, soccer matches can include a wide variety of betting markets. All sportsbooks should provide the basics: moneylines, goal lines and totals.
Odds can get much more extensive, though. Depending on the sportsbook and which match you're looking to wager, you may find player, team, and game props.
Player props could include:
- First goalscorer
- Last goalscorer
- Will a player score?
- Will a player be carded?
- How a player scores
Team props have odds for team totals, match results, whether the team total will be odd or even, if a team wins both halves or if a team wins in a shootout.
Game props consist of picking the correct score, halftime/full-time results, winning margin or if there will be a goal in both halves.
These will vary on which betting app you're using, and the popularity of the league and teams. MLS, along with Europe's top leagues and tournaments, will usually feature a wide selection of betting options.
Soccer betting apps
Like with most legalized sports betting, the majority of soccer wagers are placed through mobile sports betting apps. These online sportsbooks are convenient because you're able to bet at any time while located anywhere in your state.
Instead of traveling to the nearest retail sportsbook, you can access soccer markets from your mobile device.
Depending on which state you live in, there are plenty of great online sportsbooks. The best mobile platforms have an abundance of betting markets, including live in-game wagering.
Some of the best options available are DraftKings, FanDuel and BetMGM.
DraftKings Sportsbook
DraftKings was one of the first mobile betting apps to launch in the US. It's had success in several states and delivers a quality sports betting product.
The DraftKings mobile app is very user-friendly and offers competitive lines for every sport. DraftKings showcases as many betting options for soccer matches as any other book in any market.
You will find every game from every league, with a range of markets for each. The online sportsbook also features extensive live betting options.
FanDuel Sportsbook
FanDuel is another top sports betting app and is among the best online sportsbooks available in any market.
Like DraftKings, FanDuel has had a lot of success and is continuing to expand. It is also available in multiple states across the US.
FanDuel's soccer markets are intricate as well. The online sportsbook lists a bunch of odds for every game, including lots of prop bets. It even gives alternate lines for total goals.
Live betting on soccer with FanDuel is great too. You're able to choose from plenty of markets with highly competitive odds.
BetMGM Sportsbook
BetMGM has also been successful and is popping up in additional states around the US. The mobile betting app is great for wagering on soccer, as well as many other sports.
Similar to the other apps mentioned, BetMGM provides soccer bettors everything they need. It includes odds for all types of leagues and competitions.
You can choose between many betting markets, too. Beyond the standard lines, BetMGM includes a long list of props for every game. Shark tank poker room columbus ohio.
Its live in-game betting markets are among the best, as well.
How does betting on soccer work for US sports bettors?
Betting on soccer is a little more confusing than betting on a lot of other team sports. While you can wager strictly on a match's outcome through a moneyline bet in most sports, that isn't the case with soccer.
Because matches can (and often do) end in a draw, most sportsbooks provide three-way moneylines for soccer.
You're eligible to bet on either team playing, as well as a draw. Therefore, if you pick one of the teams' moneylines to win a match and it ends in a tie, then you lose your bet.
Even if you've taken the underdog with long odds, you have to bet on a draw to occur in order not to lose your wager.
In a lot of other sports, typically, a draw means that your bet pushes. However, since sportsbooks give you that option in soccer, your selection must be correct to win.
Some books will give you alternate two-way moneyline odds. Of course, the odds for each side are slightly reduced. However, a draw results in a push rather than a loss.
Another interesting part is the point spread for soccer matches, also known as the goal line.
While sports like baseball and hockey always feature the same spread for each game (-1.5) with adjustable odds, soccer is different. Despite some matches being low scoring, goal lines can drastically differ.
Usually, they're listed around 1-2 goals, but in some cases, a team could be laying as many as 5 goals.
Like with all sports, the favorite giving the goal line must cover the spread in order for you to win the wager. It's possible to push in this scenario as well, only if the spread is an even number (-1, -2, etc.).
Betting on totals in soccer is about the same as other sports, too. You're able to wager on how many total goals are scored in the match by both teams.
The over/under will be set at a specific number. If there are more goals scored than the set total, then the over cashes.
Another nuance of soccer betting is that most bets are designated for full-time results. So, this means that only the scoring and outcomes from the first 90 minutes of the game count.
While this usually marks the conclusion of most matches, certain games could be eligible to go to extra time. Matches that occur in competitions, like the World Cup or Champions League, could include two extra periods of play or a penalty shootout. Typically, anything that happens during the extra time will not count toward any of the betting lines.
Outside of these common bet types, soccer wagering can include a lot of other options like team, game and player props.
Player props mostly consist of just the top players for each game. You can put action down on if a player is the first goalscorer, if they'll score at any point in the game, or if they'll score multiple goals.
Other props involving assists, cards and how a player scores exist.
These types of soccer bets have much better odds than the regular lines provided for matches. Obviously, it depends on the player, but the majority of goal props have plus odds and can even range well over +1000.
Live betting in soccer is just as popular as it is in other sports and sportsbooks provide more than enough options.
You'll be able to bet on updated odds for the moneyline, goal line, total and more with most mobile platforms. A lot of the best apps include a lot of other markets, like alternates for the standard lines along with some props.
Live betting for soccer should be available at every legal online sportsbook. More important matches in the elite leagues around the world will probably have more options than others.
Which soccer leagues can I bet on right now?
Since the majority of pro sports are on hold at the moment, there aren't nearly as many soccer markets to wager on. Sportsbooks now offer betting odds for the remaining soccer leagues still playing, even if they are not nearly as popular.
Currently, these leagues are active and available to wager on at sportsbooks:
- Belarus Pro League
- Chinese Taipei
- Nicaragua
- South Korea
- Turkmenistan
Although these leagues are helping fill the void in gambling markets, soccer fans are anxious for the major leagues to return. Here are the most recent updates for the most popular leagues in the world:
How Do Betting Odds Work In Soccer Teams
UEFA Champions League
The Champions League, probably the biggest event in soccer, consists of Europe's best club soccer teams. The competition often includes some of the best clubs in the world like Barcelona, Real Madrid, PSG, Juventus and Bayern Munich.
The tournament plans to come back in the quarterfinal round in July. If all goes to plan, the Champions League final will play in Istanbul on Aug. 29.
English Premier League
England's top-flight league is one of the most popular and competitive soccer leagues anywhere. With Liverpool on the brink of their first league title since 1990, it is uncertain of when the Premier League will come back.
EPL restarted in June 2020.
La Liga
Spain's top league has an uncertain future, as well. Barcelona and Real Madrid are both eager to return in their attempt at another title.
La Liga returned in June 2020.
Serie A
Italy's premier league has already been cleared to begin training on May 18. Serie A restarted in June 2020.
Bundesliga
The top German league is back on the field after a lengthy shutdown delay.
Bet on the Euros/World Cup 2022
How Do Betting Odds Work In Soccer Players
Besides betting on individual games, a lot of soccer bettors place futures wagers on big tournaments. Two of the biggest upcoming events are the European Championship and the 2022 World Cup.
You're able to bet on both tournaments several months in advance. Futures will include multiple options when the competitions are closer to starting. However, some sportsbooks already have odds posted for which team will win the title.
These odds are favorable since there are a lot of teams in each tournament and because they haven't started yet. Most sportsbooks will continue to provide updated odds to win the matches as they progress, too.
Both events include several qualifying tournaments and matches teams must play in order to make the field. Once the teams are set, both competitions begin with every squad formed in groups.
Those teams play each other to determine which can advance. The group winner, as well as the runner-up, move on to the knockout stage. The standings are based on points and goal differential.
Euro 2020
Sports Betting Odds
The Euro 2020 won't play until 2021, but will still be regarded as the Euro 2020 Championship. Twenty-four teams will play in 12 different host countries. The final is set for July 11, 2021, at Wembley Stadium in London.
World Cup 2022
The next World Cup is set to play in 2022; however, the location is still up in the air. It was originally scheduled to take place in Qatar, but bribery allegations have opened up discussions about relocating.
How To Understand Betting Odds
The tournament will include 32 teams. If Qatar remains the host country, the World Cup final is scheduled for Dec. 18, 2022.
Betting on MLS
The most popular soccer league played in the US is Major League Soccer. MLS first started in 1996 and has come a long way since then.
It now features 26 total teams and is attracting a lot more attention from fans and bettors. While wagers on MLS don't reach the handle generated for NFL, NBA, MLB and NHL, they have closed the gap.
How To Read Betting Odds
MLS is now regarded as a respectable soccer league with a lot of quality players throughout it.
It's currently in its 25th season, with all matches postponed at the moment. Every team has only played two games, thus far. The league recently extended its stoppage until at least June 8.
How Does Sports Betting Odds Work
Several MLS teams play in states where sports betting is now legal. Here is a list of cities with MLS teams:
- Atlanta, Georgia
- Chicago, Illinois
- Cincinnati, Ohio
- Columbus, Ohio
- Commerce City, Colorado
- Dallas, Texas
- Foxborough, Massachusetts
- Harrison, New Jersey
- Houston, Texas
- Kansas City, Kansas
- Los Angeles, California
- Miami, Florida
- Montreal, Quebec
- Nashville, Tennessee
- New York City, New York
- Orlando, Florida
- Philadelphia, Pennsylvania
- Portland, Oregon
- San Jose, California
- Salt Lake City, Utah
- Seattle, Washington
- St. Paul, Minnesota
- Toronto, Ontario
- Vancouver, British Columbia
- Washington, DC
Legal betting sites vs. offshore
Outside of offshore sportsbooks being illegal, there are a lot more benefits to betting with a regulated sportsbook.
The most significant factor is that you know your money is safe and secure at a legal sportsbook. You're able to deposit and withdraw funds in a wide variety of convenient ways and you know that your money is safe doing so. Regulated sportsbooks also pay out in a timely manner and you have legal recourse should something go wrong.
You also have quality customer support options at legal sportsbooks. If you have an issue on an offshore account, you don't have many choices.