Conversely, Australia is a massive underdog here. If you bet $100 on Australia to win, a Socceroos victory would make you a profit of $1400. Even a successful $100 bet on a draw would net you $500.
The Goal Spread
Another essential component to understanding how to bet on soccer is learning what the spread means. We’ll stick with the Australia-France fixture to understand how the spread changes the betting odds.
France vs. Australia goal spread odds, according to Bovada:
France -1.5 (-140)
Australia +1.5 (+115)
In this case, in order to make a $100 profit by betting on France, you would need to wager $140. However, France would also have to win by at least 2 goals. That’s where the "-1.5" comes into play. If France wins by just a goal, a $100 bet on Australia at +1.5 would actually win you $115.
You can read the spread by adding or subtracting that amount of goals from the team’s final score. For example, if France wins 3-2, you could add 1.5 to Australia’s goal total OR subtract 1.5 from France’s. Either way, Australia would come out ahead according to the spread, and thus a bet on Australia at +1.5 would win.
The final basic lesson for how to bet on soccer is predicting the amount of goals scored in each game, or the over/under.
Let’s return to the Champions League final for Bovada’s over/under odds.