Betting on football can take various different formats, some have high risks and potentially permit you to win lots, some are less risky but with one of these you're less likely to win as much. Researching the market to make sure you know what you are betting on and that you understand the betting terms is very important as it will help you understand your chances of winning.
Here are several of the several types of bet which are available to you:

A win bet will be the simplest type of betting, you bet on something definitive and positive to happen. For example Team A to win the game. This may apply to championships and matches of course.

An each way bet is where you make two predictions. One for somebody to win, and one for them to nearly win. This really is more applicable to aspects such as horse racing where there are more than two potential winners so you could place an each way bet for horse A to win or to place.

A lay bet is in which you bet on something to lose. So if you lay a team, you are betting that they will not win.

An accumulator bet is where you make a series of bets and if each one goes the way you want it to, your stake plus the winnings from each element of the bet are put forward onto the next bet. This is how some individuals manage to turn an extremely small stake in to a large winning.

Looking at the type of your team can be very important which ever type of bet you are looking at placing, as is looking at what has happened to their players. If they have been having a winning streak it might look good at first glance, but if they are star player got injured within their last match and is out for the rest of the season then the bet for them to win might not be as good as it looks at first glance.

It is also essential to think of simply how much you can afford to lose also. Being confident that you've made all the right choices is great online soccer, but there is still a possibility that you might get it wrong and so it is necessary to make sure that you aren't risking more than you can afford to whenever you decide on your stake (A stake will be the amount that you risk losing when you place the bet).

Odds can vary depending on the type of bet you are placing and also on the previous type of the team or player you are betting on. A team which is doing well will probably elicit odds that are not as good as a team that is say lost all it's matches so far this season. It shall also partly depend on the team they can be playing against, and the status of all their players as well, the rationale because of this is the fact that they are more more likely to have to pay you if you bet on a team that is prone to win so the odds will be closer to the evens or 2/1 end of the scale, where as a team that is not been doing well and it has it's star player out of action and is playing against a team that's top of the league is significantly less prone to win therefore you could improve odds if you bet on them to win.