How to Read Premier League Betting Odds: A Beginner’s Guide

What are Premier League Betting Odds?

The odds available on the Premier League represent the probability of a certain outcome, such as a goal, booking, sending off, and many other potential outcomes, happening in a match. 

These will typically be represented as fractional odds for bettors. These allow you to calculate how likely an outcome is to happen, and tell you the potential winnings based on the amount that you would be staking. So, let's take a look at an example:

• If you place a £1 bet on Liverpool to Win 10/1 and they do, you would receive £11 in total, including your stake. 

• Liverpool to win 1/4 would see a payout of £1 for every £4 bet.

Popular Premier League Betting Markets

Over/Under Goals

One of the most popular ways to bet on the Premier League is to place your bets on how many goals will be scored. This involves predicting there to be more or fewer goals than an amount set by a bookmaker. Typically, bookmakers will present these odds as Over or Under a decimal amount. So, if you wager on there to be over 3.5 goals in a match, and four goals are scored in total, your bet should be a success!

Both Teams To Score (BTTS)

Another popular way to bet on the Premier League, BTTS bets simply involve bettors placing their bets on a ‘Yes’ or ‘No’. This is whether or not you think that the two teams are playing each other will both get on the scoresheet. This does not matter how many goals are scored, when, or who by, just that there is at least one scored by both sides that are playing.

First Goalscorer

This involves punters predicting who will be the first goalscorer in a match. Take your pick from the selection of players at a bookmaker and place your bet on the one that you think will score the first goal. Whether it is scored in the first minute or the final minute, as long as it is the first goal, your bet should be a successful one.

In-Play Betting

Live in-play betting options are popular markets at bookmakers that contain a variety of different ways for punters to get involved in matches. These are typically limited-time odds that are available on specific outcomes to take place in the next few moments of a match. These can involve markets such as the next booking and the next side to concede a corner. 

Top Tips for Premier League Betting

• Compare Odds: Be sure to explore the odds available at various bookmakers before going ahead with your bet. This ensures that you are getting the best possible odds and value, as opposed to going with the first odds that you see.

• Look for Value Bets: Explore bookmakers for any potential mispriced odds that could turn out to be valuable bets for those who may know more about a side or player. 

• Do your Research: Be sure to look at recent results, runs of form, and head-to-heads between sides facing each other and throughout a season to look for any hints as to how they may perform against their opponents or how they are playing in general.

• Manage your Bankroll: Track your spending and bets. Set yourself a budget that you can afford and stick to. Place smaller bets to allow you to place more, as opposed to just a couple of larger bets.

More Guides from our UK Betting Experts

• Click here for full guide on What is a Lucky 63 Bet?

• Click here for full guide on How to Build a Winning Premier League Bet Builder

• Click here for full guide on What are Prop Bets?

Responsible Gambling

We understand that gambling can be fun, but it’s important to gamble responsibly. If you are struggling with a gambling problem, please don’t hesitate to ask for help. There are people who can help you get on the road to recovery.

Here are some resources that can help you:

• National Gambling Helpline: 0808 8020 133

• GamCare: https://www.gamcare.org.uk/

• GambleAware: https://www.begambleaware.org/