In the spring of 2016, Leicester City beat 5,000-1 odds to win the English Premier League title. Needless to say, fans who bet on the team when bookies were offering those betting odds leading up to the start of the 2015/2016 Premier League season cashed out big time. Perhaps you’ve been playing casino games at an online casino e.g. Ace Kingdom (and using your Ace Kingdom promo to save money). If you want to expand your betting beyond online games and start betting on sports, Premier League soccer might be a great place to start.
If you were inspired to start betting on the Premier League by that Cinderella story, you’re not alone. Leicester City and the fans who bet on them were the subjects of many, many headlines in early May 2016. The bad news is that huge jackpot bets like the Leicester City narrative don’t happen very often. The good news is that the Premier League offers plenty of betting opportunities if you’re looking to get into the game.
The first thing to realize is that there are multiple types of bets available when it comes to betting on the Premier League. The fans that cashed in on Leicester’s 5,000-1 odds were betting on a season-long basis. They chose Leicester to win at the outset of the Premier League season (in August) and then cashed out their bets when the season was over in May.
In addition to betting on a team to win the whole Premiership, you can also take week-to-week bets based on individual matches. The Premier League is 38 weeks long. Typically, each week consists of 10 match-ups, between the 20 teams in the league. You can bet either on individual games, or you can do what is called a multiple bet, where you pick two or more teams to win each week. For instance, you can bet on Chelsea to beat Leicester City. If that happens, you win. That money then goes to your second bet (say, Manchester City to beat Manchester United) and so on. You can bet on as many matches as you like in this manner. If one of your teams lose, though, you lose all the money you won from each preceding bet.
Betting on the outcomes of matches isn’t the only betting that exists in Premier League soccer. On the contrary, you can also make bets on who will score the first goal, who will be winning at halftime, how many minutes into the match the first goal will be scored, and more.
The variety of different bets that you can make with Premiership soccer is one of the most fun parts of gambling on the Premier League. The multiple bet especially is a thrill and something you don’t often see when betting on other sports.