Betting on football takes various different formats, some have high risks and potentially allow you to win lots, some are less risky but with one of these you are less likely to win as much. Researching the market to ensure you determine what you are betting on and that you understand the betting terms is essential as it will help you understand your prospects of winning.

Here are a few of the different kinds of bet that can be available to you:

A win bet is the simplest form of betting, you bet on something definitive and positive to happen. For example Team A to win the game. This can apply to championships and matches of-course.

An each way bet is where you make two predictions. One for somebody to win, and one for them to nearly win. This is more applicable to things such as horse racing where you'll find more than two potential winners so you could place an each way bet for horse A to win or to place.

A lay bet is in which you bet on something to lose. So if you lay a team, you are betting that they will not win.

An accumulator bet is where you make a series of bets and if each one goes the way you want it to, your stake plus the winnings from each element of the bet are put forward onto the next bet. This is how some people seem to turn a very small stake in to a large winning.

Looking at the form of your team can be very important which ever sort of bet you are looking at placing, as is looking at what has happened to their players. If they are already having a winning streak it might look great at first glance, but if they are star player got injured within their last match and is out for excellent soccer [Full Document] the rest of the season then the bet for them to win might not be as good as it looks at first glance.

It is also crucial that you think of the amount you can afford to lose also. Being confident that you have made all the right choices is great, but there's still a possibility that you might get it wrong and so it's important to make certain that you aren't risking more than you can afford to whenever you decide on your stake (A stake will be the amount that you risk losing when you place the bet).

Odds may differ based on the type of bet you are placing as well as on the previous type of the team or player you are betting on. A team that is doing well will probably elicit odds that are not as good as a team that is say lost all it's matches so far this season. It's going to also partly depend upon the team they may be playing against, as well as the status of all their players also, the rationale due to this is that they're more more likely to have to pay you if you bet on a team that is more likely to win so the odds will be closer to the evens or 2/1 end of the scale, where as a team that's not been doing well and it has it's star player out of action and is playing against a team that's top of the league will be much less very likely to win therefore you may improve odds if you bet on them to win.