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Objective of Over 0.5 Goals:
- A single goal during a match from either team
Trade/Market Over 0.5 Goals:
- Back bet is placed in “Over 0.5 Goals” market
- Check the Platform for list of Over 0.5 Goals matches
- For Free Daily Football Selection check out our Daily Tips
- For Full Access pay only £1 and check out the Daily Analysis
Entry Criteria Over 0.5 Goals:
- Match selection based on the Over 0.5 Goals shortlisted selections
- Score is 0-0
- Price for the Back bet is £1.15 [expected to be around 15-20 minutes depending on the match selected]. This can be staked pre-game, just remember to tick the “Keep” button and update.
Exit Criteria:
- No trade out required. Trade is won as soon as the first goal is scored
Insurance/Mitigation Actions:
- None for this strategy
Overview Over 0.5 Goals
A simple back and forget strategy. Requires a single goal at any time, from either team any time after the trade is matched to secure a win. This strategy provides a relatively low return, however, if played over the long term it will provide a steady profit. A long term view is critical as any failed trade, i.e. the match ends 0-0, will require 7 winning trades to recover.
Pre-Game
For this match, the price was £1.12 to back over 0.5 Goals before the match started.
Setting up the Trade
In this example, the trade was setup before kick-off. As can be seen on the right-hand side of the screenshot below, “Over 0.5 Goals” is backed at a price of £1.15. Note that the “Keep” box is checked and the “Update” button pressed to ensure that the bet is kept once the match goes in-play.
At this point the bet is unmatched, meaning you have not yet actually entered a trade.
Getting Matched
Once the match kicks off, and as long as neither team scores, then the price for “Over 0.5 Goals” starts to drift towards the target price (of £1.15). In this match, the back bet placed got matched after 16 minutes of play.
The bet getting matched is shown by the presence of the yellow “Cash Out” button in the left-hand pane and the status changing in the Open Bets tab in the right hand pane to Matched bets.
Once you bet is matched, Betfair shows your profit/loss scenarios on each outcome in this market. Profit scenarios are shown in green and losses in red. For this bet:
- if the match ends without a goal, “Under 0.5 Goals” then the net result is a loss of £2 (the stake). As denoted by the £2.00 in red text.
- if the match ends with one (or more goals), “Over 0.5 Goals” then the net result is a profit of £0.30 (£2 x £1.15 – £2 stake = £0.30). As denoted by the £0.30 in green text.
If a goal would have been scored before 16 minutes of play, i.e. before the bet got matched, then this market would have closed and it would not be possible to enter a trade for this match.
Winning the Trade
Once a goal is scored in the match then the trade is won. In this game the first goal was scored at ~30 minutes. This market is then closed as all possible outcomes have been determined and the profit and your initial stake is added to your Betfair account.
