Odds

In today’s article, we will be discussing all you should know about the FIFA World Cup 2018 and how you can make bets on certain aspects of it!

If you haven’t been paying attention, you may not have noticed that the World Cup is only a few weeks away. Due to take place in Russia, the first match being between Russia themselves and Saudi Arabia, it is one of the world’s biggest sporting events. This means that keeping an eye on any betting odds to do with the FIFA World Cup is a good idea.

There is, however, a snag. Unless you’re a seasoned bettor, you will be unlikely to know exactly how these betting figures work. You shouldn’t just bet on England, either, just because that’s your home team. There are plenty other nations to support.

So, with no more hesitation, let’s have a look at the most integral things that you must be in the know about betting on the World Cup 2018.

How World Cup Odds Work

If you’re new to the whole betting scene, especially when it comes to mass sports betting like the World Cup, you can probably tell what odds look like but probably have little to no idea what they represent. This needs to change as it is unwise to make bets without knowing one hundred percent what you’re doing.

So, before you wager anything, you might want to look into how it all operates first. World Cup betting odds are more difficult to understand than you might think. Here are the most important aspects you need to know.

Different Odd Types

Before we discuss which odds will be best to invest in during the World Cup 2018, first we must take a look at the odds which are presented to us. If you live in the UK, you may discover odds are displayed in a certain kind of way.

There are a few ways in which all odds are displayed, however, so in case you encounter any that look different, here’s the two ways they can appear:

Odds in Fractions — Odds like this would look like this 1/2 and are most common in the UK and Ireland.
Odds as Decimals — Odds like this would look like this 1.5 and are more popular in Europe and the Southern Hemisphere.

In short, UK residents are much more likely to encounter fractional odds than decimal odds. World Cup betting odds 2018 will appear like this too so you’d best be prepared for it before you go out in search for some good numbers.

TL;DR — World Cup 2018 odds to win are most likely to appear as fractions if you’re in the UK.

Odds Formula

So, you have a better idea of how fractional odds to win World Cup 2018 work, we have developed a case study in which you could potentially bet on:

England vs. France:

England: 1/3
Draw: 1/2
France: 1/5

Firstly, convert the fractions into decimals. You can do this by simply googling a converter. Once done, you can work out the percentage of the betting odds World Cup 2018 for your consideration:

Implied probability = 1 / decimal odds * 100

So, if we take our example and apply the same formula to it:

England: 1/1.33 * 100 = 75%

Draw: 1/1.5 * 100= 67%

France: 1/1.2 * 100 = 83%

To conclude, the safest bet in this scenario would be on France. That doesn’t, however, indicate that you have to bet on France. You can bet on England and you might end up with a larger return. That is because such a bet comes with a larger risk.

The maths may not be 100% accurate, but you get the idea. The mentality applies to the World Cup 2018 winner. Betting on the obvious winner is only one strategy and even then it isn’t a guarantee. This is why it’s important to analyse odds before you bet.

TL;DR — Ensure you know what all the numbers represent before you bet!

Where Can I Find Best Odds to Win World Cup 2018?

So, after all that info, you might now be wondering where exactly you can find these odds. Don’t worry. They’re not hard to come across.

Sports Betting Sites

The most obvious place to get betting odds World Cup 2018 winner is on the internet. Countless sports betting sites offer different odds for different outcomes towards particular matches.

Ladbrokes, William Hill, bet365, Mr Green… All these sites offer fantastic promotions in addition to the great odds and it’s hard to find a sports betting site that won’t provide good football World Cup 2018 betting odds.

Bookmakers

If the internet isn’t your thing, however, you can always travel to your local bookmakers to find football World Cup 2018 odds. These benefits are fairly obvious in contrast to looking for the same figures online.

For one thing, doing it in person and having physical premises to visit builds a real sense of community among bettors who have chosen to participate. For another, it’s much easier to ask people in person what to do than wait online for help.

TL;DR — There are many different places and the most easily accessible of them all are online.

Winner Odds 2018 World Cup

All in all, who do we think is most likely to win the FIFA World Cup this year? It’s hard to say exactly but we’d put our money on a European team, as there are more of them predicted to win though, we’ll admit, that’s a rather safe bet.

Either way, it’s much too soon to tell exactly who we think will be the winner, but you should research the figures regardless. It’s always been best to know what you’re betting on precisely as it is, at the end of the day, real money that you’re betting.

TL;DR — We should bet on who the winner will be closer to the time of the final!