Football Betting is a form of Speculation
On the contrary, football clubs at the top level tend to be wealthy enterprises (perhaps not always profitable), but the number of players and employees is usually limited and news of their work is available all over the world.
In addition, many players are communicative and active in various social networks where they often blunder out important information not intended for the public domain. This can even extend to friends or family members.
For example, Colleen Rooney announcing earlier this season to 373,385 Twitter followers that her husband Wayne was at home with her watching a Beyonce DVD the night before an important Manchester United away game.
Of course, this ill-judged, throw-away comment informed the whole world that Wayne Rooney, one of Manchester United’s most influential players, had not travelled with the squad to Stoke City, due to injury.
Stoke therefore had plenty of time ahead of the game to prepare for this vital piece of insider team news made public and valiantly held United to a 1-1 draw.
In summary:
- Football betting is simply speculating on how a product, namely football, performs.
- Football is the product of the company (the football club), not the company itself.
- In the stock market many, many different factors are involved before share prices are set and traded. Football odds are set purely based on the past results of both teams involved in a match.
- Football is the sole product of each football ‘company’ and thus this product possesses a proven track record, upon which, assumptions for the future can be based.
- An investor (a football bettor) can therefore draw hypotheses as to how the product will develop in the future.
- If it is an unstable and unreliable product (i.e. poorly performing team) then this trend will probably continue in the near future, and vice versa.
Football Betting Analysis is Easier than Stock Market Analysis
A further advantage of football betting is that the market is pretty easy to understand and analyse.
If only one league (or two) is picked, then it is possible to know almost everything about the teams involved within a short period of time.
However, it may be better to concentrate on leagues and clubs where there is no emotional attachment in order to keep a clear head for betting and minimise the risk of false assumptions.
It is impossible for an outsider to know what is going on behind the doors of a seemingly professional company, which appears reliable purely because it has been floated on the stock exchange.
Football analysis is therefore far easier as the industry is so much more transparent with current and historical information widely available in the public domain.
It is also a much easier and quicker task to possess in-depth knowledge of the top 20 teams in the league of your choice than it is to acquire the same level of understanding of the top 20 companies listed on, for example, the FTSE 100 stock exchange index.
For a comprehensive guide and insight into value betting why not try Soccerwidow’s Fundamentals of Sports Betting Course, which is centred around the Over/Under ‘X’ Goals football betting market.
Before embarking on any betting activities where you intend to risk your own money it is essential to understand odds calculation and how to recognise whether a bet is worthwhile – in other words, whether it carries ‘value’.
Again, my thanks to Ginger Tom for stimulating a really interesting chain of thought…
