Our handy guide explains the best football betting strategies and tools for Premier League betting, including how to understand odds and which mistakes to avoid.
The Premier League (sometimes referred to as the English Premier League, or EPL) is one of the most popular and competitive football leagues in the world. With top teams like Manchester City, Liverpool, Arsenal, and Chelsea, it’s no wonder that fans and bettors alike have been drawn to its excitement for decades.
With so many teams and matches, though, how do you know where to place your bets? In this article, we’ll discuss how to bet on Premier League action, and offer some of our top strategies to increase your chances of winning.
Understanding Premier League Odds
Before we dive into betting strategies, it’s important to understand how Premier League odds work. Betting odds are used to determine the likelihood of a certain outcome in a match – the higher a bet’s odds are, the more likely it is deemed to happen.
They are generally displayed in three formats: fractional (often the most common), decimal, and American.
Fractional Odds
Fractional odds are most used for football betting in the UK and Ireland. They represent the potential profit you will receive if your bet is successful, not including your initial stake. For example, if the odds for a team to win are 3/1, a £10 bet would result in a £30 payout (plus stake).
Decimal Odds
Decimal odds are the widely common format used in European countries. They represent the total payout you will receive if your bet is successful, including your initial stake. For example, if the odds for a team to win are 2.50, a £10 bet would result in a £25 payout.
American Odds
American odds are primarily used in the US and Canada. They are displayed as either a positive or negative number and indicate the amount you would need to bet to win £100 or the amount you would win if you bet £100. For example, if the odds for a team to win are +200, a £100 bet would result in a £200 payout.
Premier League Betting Strategies
Now that you understand how odds work, let’s discuss some of the top Premier League betting strategies:
The key to successful betting is research and analysis. So, before placing any bets, it’s important to analyse the teams, their recent form, and any injuries or suspensions that may affect the outcome of the match.
You should also look into the statistics of previous matches between the two teams, as well as their performance against similar opponents. This will give you a better understanding of the teams and their playstyles, how they match up with each other, and their chances of winning.
Home Advantage
In the Premier League, home advantage is a significant factor to consider when placing bets. On average, home teams win around 45% of matches, while away teams win around 30%. This means that home teams typically have a higher chance of winning, so it’s important to take this into account.
Follow the trends
Another strategy for betting on the Premier League is to follow the trends. This means looking at the recent form of teams and betting on those that are on a winning streak or have been performing well in recent matches. Similarly, you can also bet against teams that are on a losing streak or have been performing poorly.
Keep an eye on social media
Keep an eye on the news and your social media feeds for Premier League betting advice, as you may pick up some useful info. There are also many websites and experts that offer Premier League betting tips and predictions. While these should not be solely relied upon, they can provide valuable insights and help you make more informed betting decisions.
Consider In-Play Betting
In-play betting, also known as live betting, allows you to place bets during a match. This can be a great strategy for betting on the Premier League, as it allows you to see how the match is playing out before placing your bets. You can also take advantage of changing odds and bet on different outcomes as the match progresses.
How to bet on the Premier League winner
When betting on the Premier League, you have the option to consider ‘outright’ betting markets. These are bets on outcomes that cover the whole season, rather than just one particular match.
Some most common outright bets in the Premier League include the Golden Boot winner and a team to make a top 6 finish, but betting on the Premier League winner is by far the biggest outright market.
To bet on these markets, head to our Premier League betting page, then click the ‘Outrights’ tab, and look for the bet that works best for you.
Premier League betting mistakes to avoid
While there are many strategies and tools that can help when betting on the Premier League, there are also some common mistakes to avoid.
Betting with your heart
As a fan of a particular team, it can be tempting to bet on them regardless of the odds or their recent form. However, this can lead to biased and irrational betting decisions, which can result in losses.
Chasing losses
Another mistake to avoid is chasing losses. If you have a losing streak, it can be tempting to keep betting in the hopes of winning back your losses. However, this can lead to even bigger losses and should be avoided.
Not setting a budget
It’s important to set a budget for your betting and stick to it. This will help you avoid overspending and potentially getting into financial trouble.
Where to bet on the Premier League
If you’re wondering where to bet on Premier League games, look no further than Betway. We offer competitive, up-to-date odds on all the biggest games of the season, as well as outright markets for the whole season.
Placing a bet with Betway is easy – simply find your chosen market, and enter your stake. Our betslip will then show how much you could earn from a win. Once you’re ready, click ‘Place bet’ and keep an eye on the results of your chosen match.
Our handy Betway app, available on the App Store and Play Store, can also help you bet from anywhere around the world. Simply log in, or sign up as a new user, and find out how to bet on English Premier League games with the tap of a button.
Looking for more? You can read our Premier League blog for all the latest football betting tips and predictions. We don’t just offer advice on how to bet on EPL games, though; you can find our full range of Golden Boot betting tips, or catch up on the leading players of years gone by with our list of the best Premier League players of all time.
