During the 2021/22 season, nine of the 20 Premier League teams (Brentford, Burnley, Crystal Palace, Leeds, Newcastle, Southampton, Watford, West Ham, and Wolves) had a sportsbook as their primary sponsor. All but one team (Norwich) had an official betting partner as well. According to GlobalData, Premier League betting sponsorship deals generated $480 million in revenue.
Premier League History
In 2021/22, the Premier League generated $6.2 billion in revenue. La Liga came in a distant second with $3.5 billion, followed by the Bundesliga ($3.1 billion), Serie A ($2.3 billion,) and Ligue 1 ($1.7 billion.) Three decades ago, British teams faced a very different situation.
Back then, British soccer was dealing with all sorts of problems, ranging from hooligans to a considerable drop in stadium attendance, outdated training facilities, and significantly smaller revenue compared to the other major European leagues.
Taking matters into their own hands, the clubs decided to split with the English Football League (EFL). The English First Division teams signed the Founder Members Agreement, establishing its commercial independence. In 1992, all 22 teams resigned from the English First Division and created the Premier League, which operated instead as a limited company.
From a sporting perspective, the newly created Premier League was still part of the EFL ladder: the bottom teams would still get relegated to the EFL Championship (the second division,) while the top teams from the Championship would get promoted to the Premier League.
Premier League Betting Explained
But what about Premier League betting? Of course, teaching the ins and outs of how to bet on the Premier League is our number one goal here. For starters, let’s take a look at the Premier League format.
⚽ 20 teams face off in a double round-robin system (home and away).
⚽ Standard soccer points: 3 for a win, 1 for a draw, 0 for a loss.
⚽ The bottom 3 teams are relegated to the EFL Championship.
⚽ Top 4 teams qualify for the UEFA Champions League.
⚽ Fifth to seventh places qualify for the UEFA Europa League.
As you can see, there is quite a lot at stake. Teams that aren’t competing directly for the title still have a shot at qualifying for continental competitions. The fight for survival is also crucial, as relegation to the EFL Championship means a massive drop in income, and that can deal a big blow to the smaller clubs.
For betting, it means that every single EPL match has significant implications, which always creates room for an upset.
The Premier League has a variety of betting markets available as well:
Premier League Betting Tips: How To Place a Bet?
Premier League Betting Examples: How To Place a Bet?
For the 2022/23 season, reigning champions Manchester City were the early favorites for a repeat. Pep Guardiola’s side was listed at -150 opening EPL odds. Bournemouth (-200), Fulham, and Nottingham Forest (both at +125) were the favorites for relegation. Norwegian superstar Erling Haaland was the favorite to finish as the top goalscorer at +275.
On matchday, you can place multiple single bets or combine them into a parlay for a high-risk, high-reward approach. For example: betting on Mo Salah to score a goal, Manchester City to win, and both Manchester United and Arsenal to score at least once in their respective matches.
Upsets happen more often in soccer compared to other sports. In the 2021/22 season, one of the biggest shocks came when Brentford beat Chelsea 4-1 at Stamford Bridge. While these results are almost impossible to predict, you can take a shot at the underdog more often.
Pros and Cons of Premier League Betting
Premier League Betting – FAQs
How Do I Bet on Premier League?
How Do Premier League Betting Odds Work?
How Do You Bet on Premier League Matches?
What Are the Premier League Betting Odds?
Can You Bet on the Premier League in the US Even If It’s European Soccer?