The term ‘official betting’ refers to wagering on a specific event or game that has been confirmed and sanctioned by the official governing body of the sport. It’s a great way to get involved in the action and earn real money while you watch. But before you place a bet, be sure to know the rules and regulations that govern official betting.
All bets are settled on the official result of the game as determined by the team’s governing body, including overtime scores. For football, this includes the final result outlined by the FA and other competition governing bodies. Games that are abandoned or postponed will see all markets void, except where the outcome of a bet has already been decided (first goalscorer bets, for example).
Betting on futures events offers higher odds than straight wagers and allows you to make predictions about an event occurring in the future. These are usually long-term bets such as a team winning their division or a golfer winning the Masters Tournament.
Individuals associated with clubs at the lower levels of men’s or women’s league systems are banned from advertising or promoting any football betting activity that the FA regulations prohibit them from engaging in, unless the bet is on an event where they have no involvement or influence, such as a match where they are not a player or match official. In addition, any individual convicted of corruption or offering to fix matches is also prohibited from betting on football.