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All You Need to Know About Premier League Betting

11 Aug 2016Football
All You Need to Know About Premier League Betting

When it comes to domestic football (soccer), it doesn’t get any bigger than the English Premier League. Legally known as The Football Association Premier League Limited, this league has been around for over 30 years and we don’t see any signs of its popularity declining. 

The interesting thing about this particular Premier League is that it’s not just popular in the UK. Rather, fans from all over tune in during every season. This creates an amazing market for sports betting as well!

In this post, we’re going to go over everything you need to know about English Premier League betting odds and how to use them in your favor. 

English Premier League Season Format

Premier League Season Format

As already mentioned, the legal name of the tournament is The FA Premier League. It’s the highest level of the English football league. 20 clubs from across the UK face each other in home and away matches over a span of 10 months.

This is not to be confused with the Champions League which is a UEFA tournament and clubs from all over Europe participate in that.

During this time, each team plays 38 matches. Including the semi-finals and finals, there are a total of 380 matches in a season. 

Every time a team wins, it gets 3 points. A loss gives them no points and a draw is 1 point. The last 3 teams on the bottom of the table play are relegated to The Championship, a Level 2 league in the English Football League System. 

The points system works as a simplified baseline for the viewers as well as the managers. Things start to get interesting when 2 or more teams share the same point. In these cases, further parameters are introduced. They go in the order below: 

  1. Goal difference
  2. Number of goals scored
  3. Most points in head-to-head matches
  4. Most away goals in head-to-head-matches

The system will only progress further if the points are the same for the previous parameter. After the group stage finishes, all matches are knockouts and may proceed to knockout tiebreakers.   

Betting Premier League: What You Need to Know

Now that you know about the basic formatting of the Premier League, we can move on to the betting aspect of the sport. Football is the most popular sport in the world, both by viewership and betting volume. Among all the available tournaments, EPL perhaps comes with the most number of opportunities. 

As soon as the season starts in August, prominent sports betting sites start projecting odds for the tournament winners. Apart from that, you pretty much get every single league betting odds for all the matches. That’s 380 matches! They’re enough to keep you busy with real money bets, aren’t they? 

Another big reason this particular league gets so much attention is the player portfolio. The majority of the world’s top performers play in these leagues. Their statistics remain the talk of the town for the duration of the tournament. 

You can expect all kinds of betting markets that are possible for football simply because you won’t find an online bookmaker that doesn’t offer season Premier League odds. 

Where Can I Find the Latest Premier League Odds?

Premier League Betting Odds

Since the beginning of this article, we’ve been putting a lot of emphasis on the betting odds for the Premier League. But what do odds do? Why are league odds so important?

In general, bet odds premier league project how much you can win from a bet along with its probability. The higher the probability is, the lower the winning potential goes. That’s why you can identify the favorite and underdog in a Premier League season match just by looking at the odds. 

It means you need good quality odds to accurately make your predictions and make real money as a byproduct of the winning bet. 

If you’re wondering where to get the best premier league odds for sports betting, you need to compare multiple sports betting sites. And we highly doubt that you’ll find better odds than Betfinal anywhere! 

How to Read EPL Odds

If you can read the odds, you’ve mastered 50% of Premier League betting. Broadly speaking, there are 3 main formats of odds across the world. It varies based on where you are as well as where the betting site is registered. 

As we’re dealing with an English football league, it’s only fair to shed light on English odds first. These are fractions, a ratio between your profit and stake. So, 5/2 odds mean you can win 5 currency units profit for wagering 2 currency units. 

You may also find decimal odds that are easiest to interpret among all formats. Decimal odds are simply multipliers. If a match between Manchester City and Arsenal is projected at 1.60 and 2.40 odds respectively, all you have to do is multiply your stake by the odds for the team you’re betting on. That’s your total payout. 

Lastly, there are American odds. Using the same example, we get Manchester City (-150) and Arsenal (+130). If you favor Arsenal (the underdog), you can win 130 units of profit for a 100 units wager. For Man City, you must wager 150 units to make a 100 units profit. 

How to Bet on The English Premier League

If you’re sold on the idea to bet Premier League winner odds, we’ve got you covered. Follow the steps below to get started right away with English Premier League odds. 

  1. Choose an online betting site from our recommended list. 
  2. Open an account with valid information and verify it through KYC. 
  3. Deposit money using one of the offered online payment methods.
  4. Visit the sportsbook page and choose football/soccer from the list. You should be able to sort the events by leagues, and the English Premier League should be one of the options. 
  5. Click on a market to add it to your bet slip and assign the money you want to bet. 

Who is the Most Successful Premier League Team ever?

Manchester United

If you look at the Premier League winner’s odds for every season, you may notice that names like Man City, Manchester United, Arsenal, Liverpool, etc. always boast good odds. As it happens, Manchester United is the most successful team in the tournament. 

In total, Manchester United has won the top tier of English football more than 20 times. Not all of them are part of the FA Premier League but the majority of them are. A huge chunk of the credit goes to the legendary manager, Sir Alex Ferguson. After his retirement, the most successful team in EPL is managed by Erik ten Hag. 

Best English Premier League Odds for the 2022/2023 Season 

The current season of the Premier League is already rolling and Betfinal has all the league odds you need. All you have to do to find them is choose Football > England > English Premier League 2022/2023. 

Outright odds are where the main predictions go. You can find odds for team relegations, team rock bottom, top 2 teams, top 4 teams, top goalscorer, winner, and so on. 

For this particular season, Manchester City is the most likely team to win as it’s riding 1.18 decimal odds. According to probability rules, the lower the decimal odds, the more likely the outcome is. After Man City, teams like Arsenal, Liverpool, and Chelsea are close in the race. 

Erling Haalnad is currently the most likely player to score the most goals. However, these odds are subject to change as more matches happen. As the odds are projected based on the whole event, there’s always room for changes. 

 

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