The most basic rules of football betting for beginners:The most basic rules of football betting for beginners:The rules of football betting at bookmaker in betting are among the fundamental knowledge that players need to understand before participating in any betting. These are basic knowledge but are the foundation for becoming a successful bettor in today's market. Let's dive deep into the topic with SHBET in the following article.
What is football betting?
Football betting is the act of placing bets on predicting the outcome of upcoming or ongoing events using money or other assets. It can also be understood as the unfinished winning or losing ratio of money in a sports match.
Betting activities are usually organized on a large scale, involving many participants in intermediary roles and complying with the rules of football betting. The entity sets terms and focuses on receiving and paying benefits to participants based on the contract's content. All forms of betting are considered gambling or gambling organizations and must be dealt with according to the law.
What is football betting?
Football betting is the act of placing bets to predict the outcome of a football match that is ongoing, yet to conclude, or in the future, using money or other assets. Football betting is a very popular phenomenon and a pressing issue in today's society. This is because gambling has serious consequences, not only affecting the participants but also their families, relatives, and the whole society.
Basic rules of football betting:
Below are the basic rules of football betting that you need to know before participating in football betting:
You must be 18 years old or above to be legally responsible.
Players not involved in football-related areas, such as players, club presidents, or coaches.
No issues with nerves or nervous disorders.
You need a betting account to participate.
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You need to have sufficient funds in your bookmaker account.
You need to follow the bookmaker's requirements to place bets (selecting odds, placing bets, etc.).
In addition to the basic rules of football betting, players need to know the following before participating in football betting:
If a match is postponed for more than 12 hours, all bets will be canceled, and the bookmaker will refund the bets to the players.
If the first half is canceled, all bets will be voided, and if the match is only canceled in the second half, bets placed for the first half remain valid.
Before the match takes place, the bookmaker must provide information such as the field, playground, match time, and pre-match statistics for players to refer to.
In matches, the number of yellow cards, throw-ins, corner kicks, odds, etc., is continuously updated to help players grasp the information.
If a team cancels the match before it takes place, the bookmaker will notify the player immediately that the bets will be settled with the official 90 minutes of play and injury time, according to the rules of football betting. Extra time is not counted, but if you want to bet on extra time, you can choose different bets.
For regular bets, players can place bets until the referee blows the whistle and starts the match. In the case of live betting, players can place bets until the bookmaker blows the whistle to end the game.
Once a player places and confirms a bet, they cannot cancel it, so think about it before placing a bet.
Players are required to comply with the bookmaker's regulations regarding their betting amount. Specifically, the minimum amount that can be bet and the maximum amount that can be bet.
Rules of football betting for handicap betting:
Handicap betting, also known as Asian handicap, is currently favored by many people who participate in this type of bet. Therefore, if you are a new player, you need to choose this type of bet and place bets according to the rules of football betting. In that case, the
If the advantage is in winning, you will definitely gain enough money to take the lead.
If the underdog wins, or if the two teams draw, the underdog bet will win the entire amount, and the bet on you will lose the entire amount.
Football betting rules for handicaps:
Handicap rate of 0.75
If the higher-ranked team wins by one goal (1-0, 2-1...), betting on the higher-ranked team will win half the amount, and vice versa for betting on the lower-ranked team, which will lose half the amount.
If the higher-ranked team wins by a margin of more than one goal, betting on the higher-ranked team will win the full amount, and vice versa for betting on the lower-ranked team, which will lose the entire amount.
If the underdog wins or if the two teams draw, betting on the underdog will win all the money, and betting on the higher-ranked team will lose all the money.
Handicap rate of 1
If the higher-ranked team wins by exactly one goal, betting on either the higher-ranked or lower-ranked team will result in a tie.
If the higher-ranked team wins by a margin of more than one goal, betting on the higher-ranked team will win the full amount, and vice versa for betting on the lower-ranked team, which will lose the entire amount.
If the two teams draw or the underdog wins, betting on the lower-ranked team will win the full amount, and vice versa for betting on the higher-ranked team, which will lose the entire amount.
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Rights and obligations of participants in football betting:
To ensure the rights and obligations of players, you need to understand the football betting rules when engaging in betting. Therefore, if you win the bet, you can request the bookmaker to make a full payment to your bank account. Each bookmaker has a minimum withdrawal limit, and you can transact almost anytime.
If you participate in betting, the bookmaker is responsible for safeguarding your personal information and player accounts. At the same time, if any signs of monetary fraud are detected, you have the right to condemn and sue to protect your rights.
Participants also have the responsibility to comply with all the regulations set by the bookmaker and Vietnamese laws. If there are violations, you will bear full responsibility. Gambling is considered an industry, so you also have to pay taxes when playing.
When to participate in football betting:
You need to learn about the mandatory betting rules to ensure safe and legal participation. Therefore, the Vietnamese government also clearly stipulates the forms of betting that are not allowed.
Individuals under 21 years old are not allowed to gamble in any form. Those with psychological and nervous issues are also not allowed to play. This is the most basic thing you need to know.
People involved in the organization or business of bookmakers are not accepted to participate in betting.
People in the process of addiction recovery, undergoing addiction treatment, or facing penalties or criminal responsibilities are also not allowed to participate in betting.
Please thoroughly understand the football betting rules to participate in safe entertainment and ensure your own rights as well as those around you.
In summary, these are all the relevant information regarding the current football betting rules that players need to know before participating in betting at bookmakers. SHBET is one of the licensed bookmakers operated by a reputable organization in the market, so you can register as a member here.