Betting on the Win/Draw/Win Markets
If you want to discuss the very basics of betting on football, the Win Draw Win market is at the very core of it as one of the most common wagers people make at a bookmaker, regardless of their stature as a tipster.
The Win Draw Win is fairly self-explanatory as it is a bet which has you backing up the home side to win or draw or the visitors to triumph.
When we talk about three-way betting that is the foundation of football betting, the Match Odds as this market is also referred to will have you choose one of the three possibilities for the final result of a match.
It needs to be noted, however, that Win Draw Win bets on football matches are valid for the first 90 minutes of normal play, which means that extra time and penalties are not determining factors when it comes to your win. To present it more graphically, a goalless stalemate in the first 90 minutes of a match counts as draw despite the fact your team scored a winning goal in the 105th minute of the match.
Even though this particular market is usually associated with beginner punters, novices and people who are getting the hang of betting, it can be a rather valuable betting option. The Winner market comes with different variations which include double chance betting, draw no bet wagers or the Asian handicap, but all of those markets remove the third variable from the original Win Draw Win market and level the playing field by offering probabilities that are expected to go over 33%.
How to Bet on Win Draw Win Market?
Finding a reputable betting operator that you can trust is the first step before you even make a football bet. Given the fact that Win Draw Win market is still the most popular betting choice, bookmakers will compete with odds in order to make them as lucrative as possible.
The emergence of online betting has seen the betting landscape filled with a huge number of up-and-coming bookies which will try to lure you with their promotions and high bets, so what you need to do is to do some odds shopping and make a definite decision on which bookmaker deserves your trust. And your money ultimately.
The following step is to determine the competition you want to bet on. Make sure you bet only on leagues you know quite a lot about and those you are familiar with – as long as you are a beginner in football betting – as knowledge on the teams, players, coaching staff and general team atmosphere can be a crucial factor.
Later on, as you get more experienced, you can expand your reach and head over to some less prominent competitions which often hide proper betting gems and great value odds you need to try to exploit.
Ultimately, all you have to do is to determine the stake and pick your winner and you are done. The rest – some will say – is down to luck and good fortune. But not exactly.
How to choose a winner?
You are hereby urged not to make the wrong initial premise with Win Draw Win market. If you are shooting in the dark and take your pick by listening to public opinion or just by listening to bookmakers and the available odds, you will be destined to fail.
Don’t ever think that betting on Win Draw Win market is easy or that bookmakers will let you win without a fight. OK, there will be games where the winner is extremely obvious, but those games will be priced accordingly and you will not get anything more than – let’s say 1.20 on your team. Low odds do not offer any value and are not worth backing as they are not guaranteed to win anyway. Upsets in soccer are a common occurrence and finding value in those games is where the art of Win Draw Win market lies in fact.
Probability and value respectively are two of the most important aspects of betting and their importance is particularly highlighted with three-way betting on markets such as Win Draw Win.
General probability is calculated fairly precisely and a good example of that is the coin toss which in the long-run yields equal probability of any of the two outcomes to come. Heads and Tails will be split at 50% chance and it is as simple as that. The numbers are significantly lower with the roll of a dice as we have six possible outcomes each with 16.66% chance or probability.
Calculating probability in football is not that straightforward and it is impossible to calculate it precisely, but a knowledgeable guess backed with a set of facts will provide you with enough support to determine the value of a bet.
Let’s imagine that Arsenal are about to play at Crystal Palace and that we were about to make a Win Draw Win prediction. Knowing that Gunners are filled with world-class footballers should push the probability high when it comes to Arsenal winning the game. Crystal Palace, on the other side, struggle to keep their head above water and are expected to suffer a defeat.
However, scratch the surface and it will reveal the true value of the bet in this particular case.
Arsenal are going through a rough patch with Arsene Wenger getting plenty of stick for what is turning into an abysmal season, while the Eagles have been on a winning streak and are bursting with confidence.
Backing Crystal Palace at high-priced odds against the public opinion is considered a high-value bet that is likely to bring success to your Win Draw Win selection. Chance and luck don’t have a big role to play here as you can see.