How to bet on the World Cup in Russia
The Football World Cup is arguably the biggest sporting event that takes place once in 4 years. It is the most famous football competition which gathers together 32 countries from all over the world.
According to statista.com, the brand value of ”FIFA World Cup” is estimated to be worth 229 million dollars, whilst businessinsider.com reports that the Brazil 2014 World Cup generated FIFA a revenue of 4.8 billion dollars.
CNN published an article based on statistics and they were quite breathtaking: 3.2 billion people worldwide watched the 2010 World Cup - 46.4 percent of the world population.
The 2014 World Cup Final, Germany vs. Argentina was watched by more than 1 billion people, an incredible number considering the global population which is approximately 7.6 billion people.
How to bet on the World Cup in Russia 2018There are a number of steps that one needs to be aware of prior to betting on the World Cup in Russia 2018.
Betting on the World Cup is certainly entertaining, but beginners may be surprised by the amount of information they need to take into account when enjoying this activity.
Open a bookie account through OLBG links and start betting on the World Cup!
Betting on the World Cup
Understand betting marketsBetting means to lay a wager on the outcome of a match. The final result market is the most popular one, but there are plenty of other ways in which bettors can exercise their ability to foresee the course of events.
Take into consideration betting markets like both teams to score, total goals or even first goalscorer, correct score, player X to be booked etc.
Online bookies are a must for on the go betting during the world cup, and more than one offers the punter a choice of markets and odds that can be quite different for games, offering a better return with one bookie for a correct prediction than with another. It is always advisable to have more than one bookmaker app on your mobile phone.
Prior to placing any tips, a bettor should carefully look over the betting markets available for that particular game and come to betting the bets he sees as most suitable and with the bookmaker offering the best World Cup Matches odds
Check here to see the bookies which offer you the most betting markets for the World Cup!
World Cup odds
The odds are the value system used in betting that say how likely an event is to happen and how much money you can get out of the respective bet.
Odds are generally settled by online bookmakers, but there are Exchange platforms, like Betfair’s which allows you to stake against each other, thus the odds are being set depending on the wagers of bettors. You will usually get much better odds on the Betfair exchange than at a traditional online bookmaker
Basic odds and returns explained
- 9/1 for every £1 you bet, you will win £9.
- 4/1 for every £1 you bet, you will win £4.
- 1/1 for every £1 you bet, you will win £1.
- 1/4 for every £4 you bet, you will win £1.
Risks and rewards of World Cup betting
Since betting requires you to risk money for their wagers, one must know there are certain risks involved.
- You should bet money you cannot afford losing, no matter the level of confidence you have in your predictions
- If you or a friend of yours need help with betting addiction, please make sure you seek help and contact GamCare.
- Risks in betting are existent but manageable. Rewards, on the contrary, can be extremely satisfying.
- There are few things in life that bring you the joy of a successful bet. It’s a bet you spent time for, looking and analyzing the bookie offers, pondering, wondering what the level of the stake should be and so on.
- Watching a World Cup game and seeing your bet turning out to be a winner is one of the most fulfilling feelings one football lover can experience.
- Avoiding betting on a tricky game can be a wise decision, whilst increasing your stake on a certain bet you’re confident of can also turn out to be an intelligent move.
Setting your budget for World Cup bettingAs previously mentioned, you should never bet money you cannot afford to lose.
Setting a budget for World Cup betting should be made in regard to what you can afford to lose, there are no guaranteed winners.
Try putting a maximum limit of money you will use betting on the World Cup, so that you make sure you are not going to spend more than planned. Perhaps deposit this at the start so you know exactly where you stand at all times. This is often a great tactic as a new bookmaker will often match your first deposit, so rather than deposit €100 in total, gaining a €20 bonus at the beginning and depositing a further 4 x €20, deposit the entire €100 at the start, you can gain €100 bonus from the get go - Here is one example
If the Russia 2018 World Cup will be the first World Cup you bet on, it’d rather be advisable to keep your budget low and try just a few different types of bets, in order to see which suit you best.
Find a bookie for the World CupFinding a bookie is one of the most important steps you should take prior to beginning your World Cup betting journey.
But you can relax as you’re in good hands now. Here at OLBG we take pride in the quality of our bookie partners.
Visiting the bookie page you can read several reviews of OLBG members and then decide for yourself which bookmakers are suitable for you.
We advise you to closely study the differences between the bookies here and afterwards make a decision based on your preferences.
All bookies listed on OLBG are well-known, legally licensed and can offer you a tremendous number of promotions, free bets, not to mention betting markets and the access to their LIVE Betting platforms.
Of course, you do not have to limit yourself to a single bookmaker account, having more than one will let you choose which bookie has the best World Cup odds.
Most bettors own at least 2 bookie accounts as each bookie has its own strong points.
One can open an account at Betfair for the Exchange Betting platform, for example, and use bet365 for the LIVE Betting experience, which comprises live broadcast of matches.
Note: you have to be 18+ in order to be able to open a bookie account online.
World Cup Betting TipsLooking for inspiration? Do you need World Cup betting tips?
Look no further than OLBG. OLBG has already started providing countless tips for the Russia 2018 World Cup.
The bets that will be placed by the biggest number of bettors will be top of our list and you will have the chance to see what most of OLBG members will bet on.
OLBG World Cup Betting Tips are free
5 mistakes you should avoid while betting on the World Cup
- Not setting a budget
- Betting with your heart
Try to keep your objectiveness high and not let yourself be influenced by the heat of the moment. Any World Cup brings intense emotion, so brace yourself!
- Do not ignore team news
Keep yourself informed throughout the whole duration of the World Cup. Being updated can considerably increase your chances of gaining profit.
- Do not over commit on your betting budget in the early stages
You will not like being left with no money once the knock-out stages of the World Cup begin. Pace yourself, limit yourself in the group stages and do not overbet.
- Be well informed on the best World Cup Online Bookmakers
The format of the World CupThere are 32 national teams qualified to the World Cup.
Except for the hosting nation, Russia in this case, every participating country gained its access to the competition winning several games in qualifiers.
As a hosting nation, Russia did not play in the qualifiers, but they stayed in shape during the past 2 years playing friendly games against other national teams.
The 32 teams are divided into eight groups of four. From each group of four, the first two teams qualify for the round of 16. Places 3 and 4 in the group stages are knocked out of the competition.
The qualifying teams earn their access to the last 16 phase of the competition by gaining points. A won match is worth 3 points in the rankings, a draw is worth 1 point for both sides and losing a game is, obviously, worth zero points.
Each team plays one match with every opponent in the group. It is a group of four, consequently, every team will play 3 matches.
What is the tiebreaker for the World Cup group stages?
In case 2 teams find themselves with an equal number of points at the end of the group stages, the 6 tiebreakers will be used in order to establish the qualifying team.
- Tiebreaker 1: goal difference in all 3 group matches (subtract total goals scored from total goals conceded)
- Tiebreaker 2: goals scored in all 3 group matches
- Tiebreaker 3: head-to-head result
- Tiebreaker 4: goal difference in head-to-head matches (only applies if there are more than 2 teams tied)
- Tiebreaker 5: goals scored in head-to-head games (only used if there are more than 2 teams tied)
- Tiebreaker 6: coin flip
Beginning with the last 16 phase of the competition, the World Cup becomes a knock-out contest.
One team can lose a match in the group stages and still qualify afterwards, but a lost game in the knock-out stages means World Cup exit.
In the last 16, first-placed teams in the group stages face second-placed teams.
The winners advance into the last 8, then come the semifinals.
The winners of the semifinals qualify for the World Cup Final, while the losers will face each other in the third spot game.
The winning team of the World Cup final is declared the champion of the world.
Which teams will fail to qualify for the last 16? Use the outright betting markets and already start making profit on the 2018 World Cup!
FIFA World Cup History
- The 1st World Cup took place 58 years after the first ever international football match, played in 1872 between Scotland and England.
- The Football World Cup was first played in 1930 in Uruguay. The first edition had only 13 participating countries and was won by the hosts Uruguay. In the inaugural World Cup Final, Uruguay defeated Argentina 4-2 in Montevideo in front of 93.000 spectators.
- The World Cup did not take place in 1942 and 1946 due to the Second World War. The competition was restarted in 1950.
- The Russia 2018 World Cup will be the 21st edition.
Countries with most World Cup titles
- 8 different countries have managed to win the Football World Cup at least once.
- Brazil is the country with most World Cup titles won: 5. They won it in 1958, 1962, 1970, 1994 and 2002.
- Germany and Italy both have 4 World Cup titles.
- Argentina and Uruguay have both won it 2 times.
- France, England and Spain managed to win it once.
- Therefore, the World Cup History is yet to register any winner outside of Europe and South America.