Perhaps you’ve seen your Kiwi friends winning big with football betting or you simply want to get in on the action, either way you’ve come to the right place. We have put together the ultimate guide for novice NZ punters and explain betting terms that you may find confusing. When searching for online sportsbooks the options can be seemingly endless, and if you’re a novice punter you may not know what to look out for.
Football betting has become one of the most lucrative forms of sports betting, and there is no shortage of options to choose from when it comes to placing your first bets.
Choosing the Right Sportsbook
A simple search for football betting will present a massive list of different online sportsbooks, and it can be very difficult to decide which ones will be best for you. As a new NZ punter, there are a few things that you should look out for when making your decision.
Sign up bonuses go a long way when you’re starting out, and many online sportsbooks offer lucrative sign up bonuses for first time punters. The most reputable online sportsbooks will effectively double your first deposit, up to a certain limit, and this will increase your betting power. Take a look at the deposit and withdrawal options, and make sure there are options that will suit you.
Try not to be lured in by the bright colours and impressive graphics, but rather look at the variety of markets for football betting. Most online sportsbooks allow punters to have a good look around before signing up, so make sure to look at what types of football betting are offered. You want to have as many options as possible, so if a wide variety of markets are offered, you know you’ve come to the right place.
Betting Terminology Explained
As a novice punter, you have most likely come across some terms you may not be familiar with which can make the process of football betting hard work. Below we have outlined a few terms that you are most likely to come across.
Odds – when you see two numbers separated by a forward slash (for example 10/1), this denotes a fractional betting odd. Odds allow you to determine how much money you would win if your bet was successful. For example, if the odds are 10/1 and you wagered NZ$1, you would win NZ$10. Odds are calculated by bookmakers on the likelihood of an event happening.
Betting Markets – this term refers to the different types of football betting wagers on offer. You want to be able to choose from a wide variety of wagers, as it’s not just about who will win the match anymore.
Attractive Football Betting Types
Most online sportsbooks offer a wide range of markets for football betting, which can make it tricky to decide which are best. When looking at the range of bets, take a look at the odds, as you want to stake on bets with good odds and lucrative pay outs. The most popular wagers tend to be simplest ones, so if you’re just starting out take a chance on predicting the match victor. If you’re feeling confident in your predictions, place a wager on the correct final score, or you could even place a wager on who will be the first team to score a goal in the match.