The UEFA European Championship—one of the biggest football tournaments in the world—is set to kick off on June 14, 2024, in Germany. In its 17th edition, the best European national football teams will compete for the highly coveted Henri Delaunay Cup, about €109 million ($178 million) prize money, and the chance to compete in the prestigious CONMEBOL–UEFA Cup of Champions next year.
Over 71,000 fans are expected to attend UEFA Euro 2024 matches, which will be held at ten world-class stadiums in Germany. But for fans and spectators worldwide, the excitement goes beyond the beautiful game. With the rise of online betting, even enthusiasts in Singapore can make the most of their football knowledge and potentially win some extra cash.
For many fans, sports betting might appear complicated at first. But with the right knowledge and strategies, you can help improve your chances of winning great payouts.
Before hearing about pro strategies, it is important to learn about the basics of football betting and essential betting tips for beginners.
Betting Basics
Singapore football betting involves placing a wager on the outcome of an event, in this case, the upcoming EUFA Euro 2024 tournament. You predict a specific result (e.g., which team wins), and if your prediction is correct, you earn a payout based on the odds you bet on.
These odds, displayed by bookmakers, reflect the chances of an event happening, such as a win or a score. Lower odds indicate a favourite, while higher odds signify an underdog. Favourites have lower betting odds, making them a safe bet with a smaller payout. On the other hand, underdogs have higher betting odds, which offer a larger potential payout.
UEFA Euro 2024 Betting Markets
Online sports betting platforms offer a wide range of betting markets for the UEFA Euro 2024 to provide bettors with a multitude of opportunities to wager on various aspects of the tournament. These markets include:
Outright Winner
This market is all about predicting the champion of Euro 2024. England and France are currently considered favourites, while potential lies in underdogs like Italy and Austria. Analyse team form, past performances in major tournaments, and player depth to make your prediction.
Group Stage Winners & Qualifiers
UEFA Euro 2024 features a group stage where six groups battle it out to secure a spot in the knockout rounds. This market allows you to bet on which among the Euro 2024 qualifiers will emerge victorious from each group. Only the top two teams, joined by the four best third-placed finishers, will advance to the next round of sixteen. For this bet, consider the strengths and weaknesses of participating teams.
Handicap Betting
Handicap betting aims to create a more balanced playing field for wagers, especially in situations where there appears to be a clear favourite and an underdog. Bookmakers give the underdog a virtual head start, like extra goals or points. For example, if a favourite like France or Spain has a -1.5-goal handicap, they need to win the match by at least two goals for your bet to win. This creates a more interesting wager and can offer better value for underdog supporters.
Over/Under Betting
Also referred to as Totals Betting, the Over/Under betting market focuses on the speculated total number of goals scored in a match, and you bet against the line set by the bookmaker. These bets can vary, such as team totals, match totals, and even player goal scorers.
For example, the bookmaker sets a line of 2.5 goals, and you need to bet on whether the actual goals scored will be more than (over) or less than (under) the given line. If you placed an over bet for match totals, and a game between Poland and Netherlands resulted in 3 goals total, you win the bet.
Correct Score
Correct score betting is a high-risk, high-reward market. It requires you to predict the exact final score of a match, like 2-1 or 3-0. While the potential payouts can be significant, successfully guessing the correct score is challenging. This market is best suited for matches where you have a strong feeling about the outcome and the goal margin.
First Goal Scorer
Adding another layer of excitement to a match, the first goal scorer market allows you to predict the player who will break the deadlock and find the net first. Consider looking at star players such as Jude Bellingham, Joshua Kimmich, and Kylian Mbappe, who have strong paces, great scorings, and finishing abilities.
Betting Tips & Strategies
Before you partake in betting activities for the UEFA Euro 2024, here are some essential betting strategies to boost your chances of success:
Review Performance and Form
The thrill of football comes with how uncertain matches will be, which is why it is important to review the recent performance and form of the teams and players involved.
Consider looking at each team’s history of plays, win-loss records, and qualifying matches leading up to the UEFA Euro 2024. And for players, you can check their form by reviewing the latest updates on their health, injuries, and suspensions, as well as their latest performance in terms of goals, assists, and shots on target.
Avoid Biased Bets
For some, it can be easy to get caught up in the popularity of certain teams and players. However, even major teams such as Germany have suffered friendly defeats in recent months.
Star players like Kylian Mbappe and Harry Kane can also be prone to pressure and inconsistencies. To make better predictions, it is important to look beyond the favourites and analyse the factors of each match objectively.
Explore Underdog Betting
Underdogs typically have higher odds compared to favourites, which means that even a small bet can result in a large payout. For example, Austria (+250) is up against France (-300). In this scenario, France is the favourite, while Austria is the underdog.
If you were to bet $100 on Austria at +250 odds, and they win the match, you receive a total payout of $350. On the other hand, you would only win $33.33 if you had bet on France. As you can see, while the chances of winning are lower, the potential rewards make up for it.
Manage Your Bankroll Wisely
Betting on the UEFA Euro 2024 is all about having fun, which is why it is important to be responsible with your budget. Begin by setting aside an amount of money that you are comfortable risking, and make sure to stick to it.
You can also make the most out of your bankroll by spreading it across smaller bets, especially on matches you feel the most confident about. Being responsible can help you fight against chasing losses, which is the impulsive decision to spend more money after a failed bet.
Shop Around for the Best Odds
Singapore football odds for Euro 2024 matches can vary between bookmakers. Take some time to compare different platforms before placing your bet. A few percentages points difference in odds can significantly affect your potential payout.
Moreover, it is important to pick reputable websites for your online football betting. Here are some ways to select a credible and reliable platform:
· Look for licenses and established brands.
· Check if the platform offers convenient and secure payment methods.
· Take the time to review the betting platform’s security and encryption features.
Unlock Your Euro 2024 Betting Potential
The upcoming UEFA Euro 2024 offers the perfect opportunity for those who have just started to explore the world of sports betting, with its beginner-friendly stakes and variety of betting markets. With these expert tips and strategies in mind, you can even make great payouts, all by betting online in the comfort of your own home.
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