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Football is the most popular sport to bet on in the world. You may be asking yourself: how to start betting? What are the basic principles and terminology of online betting? How to make money in soccer betting? How to use online betting tips?

Decide on your maximum budget. First, decide about you maximum betting budget. On the one hand, a budget that is too high may result in personal bankruptcy. On the other hand, a small budget might limit you a bit. Following the rules of this article and placing the right wagers will reduce the risk of high losses almost to zero.

Decide on your maximum bet. Placing all your money on one outcome you believe in will not do the trick. Only distributing the risk between multiple games will result in profits.

Choose the correct betting category. Start betting on two basic categories only: Full Time Result and Total Under/Over 2.5 goals. Full Time Result means selecting one of three possible game outcomes: Home Win, Draw or Away Win. Total Under/Over 2.5 means selecting whether the total number of goals scored in a match will be under or over 2.5. Advanced statistical models have proven that betting on those two categories is the most effective. In maths we trust!

Understand the outcome probabilities. The probabilities of match outcome are usually defined in the range between 0% (no chance) and 100% (a sure bet). For example, the Full Time Outcome Probabilities may be as follows: Home Win = 60%, Draw = 15%, Away Win = 25%. And the Total Under/Over 2.5 Probabilities: Under 2.5 = 45%, Over 2.5 = 55%. The sum of all Full Time Outcome Probabilities must be equal to 100%, since one of these three outcomes will indeed take place. The sum of Total Under/Over 2.5 Probabilities must be equal to 100% too, since the total number of goals scored during any soccer match will be either under or over 2.5. In other words, the probability of any outcome expresses your belief in this outcome, scaled between 0% and 100%. Probabilities are also widely known as "betting tips" or "predictions", and can be found on the web. Let's explain how you can evaluate them.

Find a good website or betting tips. The best way to find probabilities of match outcomes is by using Internet resources. There are a number of sites that provide free tips. Type "soccer betting tips" in Google and you will find most of them. When choosing your site, check that the tips provided perform well with time by comparing between the probabilities and the real match outcomes. The bigger the difference between the tips and the bookmakers' predictions (will be explained later), the bigger are your profits.

Choose your bookmaker. The best bookmaker for you is the bookmaker with the highest odds for the outcome you choose to bet on. Betting tips websites will generally offer you a list of bookmakers and their odds for each game. You may choose the bookmaker with the highest odds and register in order to place your stake.

Choose your leagues. Once you found your best tipping website, you may evaluate its performance for each league by comparing between the tips it provides and the real match results. Choose those leagues, where the site's performance is most accurate, and the difference between the site's and the bookies' predictions is biggest. In this way you will greatly increase your chances of winning.

Consider the unpredictable factors. Try taking into account the following factors, which might influence the predictions. Match type: International / national league, a cup, or a friendly game. Cups'/friendly games' predictions are usually incorrect. Match priority: since a team's resources are not unlimited, each team defines priority for the forthcoming matches. Be careful not to bet on the low priority matches.