Penalties for Over/Under Betting in Football

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Penalties for Over/Under Betting in Football

The system of football betting offers a wide variety of wagers, typically categorized into primary and secondary bets. Alongside Asian Handicap and European Handicap bets, Over/Under (O/U) bets are also a primary wager available in all matches. Currently, many players engage in Over/Under betting due to its straightforward nature.

Over/Under betting in football bet tips is a popular form of wagering whenever the football season arrives. It revolves around predicting the total number of goals scored in a football match by placing bets on 'Over' or 'Under', based on a figure set by the bookmaker. When placing a bet, you stake an amount on your chosen outcome. If you lose, you forfeit your stake; if you win, you receive winnings.

Over: Wins if the total number of goals scored exceeds the bookmaker's set figure.

Under: Wins if the total number of goals scored is less than the bookmaker's set figure.

A football match is typically divided into two halves of 45 minutes each, plus additional stoppage time. Extra time and penalty shootouts are not included in the calculation.

For example, in a football match where the score in the first half is 1 - 2 and in the second half is 3 - 5, the total goals for the match are 11. If the bookmaker sets the Over/Under line at 7, betting 'Over' would win because 11 goals were scored, while betting 'Under' would lose.

2. Popular Over/Under Betting Variations in Football

With the flexibility of setting Over and Under values, almost every football match can feature an Over/Under bet. Here are some of the most common variations:

Total Goals Over/Under: This is the most prevalent form of Over/Under bet across all matches. The bookmaker predicts the total number of goals both teams will score in the match or in a specific half. Players choose to bet Over or Under according to their judgment.

Corner Kicks Over/Under: Corner kicks are frequent occurrences in football matches. This variation predicts the number of corner kicks by setting a figure to bet Over or Under.

Yellow/Red Cards Over/Under: In football, yellow and red cards are issued. This bet type divides predictions into categories such as the number of yellow cards or red cards in the match. Players bet Over or Under on their chosen category. Sometimes, it can also be a bet on the total number of cards issued in the match.

Over/Under 3: This bet indicates:

If there are exactly 3 goals, both Over and Under bets result in a push (refund).

Over wins if there are more than 3 goals scored in the match.

Under wins if there are fewer than 3 goals scored in the match.

4. Is Over/Under Betting in Football considered Gambling? Is it Legal?

4.1. Is Over/Under Betting considered Gambling?

Over/Under betting in football is indeed considered a form of gambling. It largely follows the principles of betting red or black in a game of chance, akin to traditional "tài xỉu" games.

4.2. Is there a Penalty for Playing Over/Under?

Playing soccer tipster is considered a game of chance where players risk losing the assets they place in bets. Therefore, engaging in Over/Under betting is viewed as a form of gambling and is subject to legal provisions. According to Article 28 of Decree 144/2021/NĐ-CP, gambling offenses are specifically regulated, including unauthorized gambling activities involving money, property, or items of value. These assets or items of value can be converted into monetary terms.

5. Penalties for Over/Under Betting in Football

5.1. Administrative Fines for Over/Under Betting

Engaging in illegal gambling through machines, electronic games.

Illegal betting activities in sports competitions, recreational activities, or other activities.

5.2. Criminal Penalties for Over/Under Betting in Football

In addition to administrative fines, Article 321 of the Penal Code 2015, amended in 2017, specifies penalties for gambling offenses as follows:

A fine ranging from 20,000,000 VND to 100,000,000 VND, non-custodial reformative penalties up to 3 years, or imprisonment from 6 months to 3 years for the following offenses:

Individuals engaging in unauthorized gambling, under any form, involving losses from 5,000,000 VND to 50,000,000 VND, or less than 5,000,000 VND but previously penalized for this offense.

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Thus, depending on the value of the bets or different gambling behaviors, players engaged in Over/Under football betting may be penalized under administrative or criminal law provisions as mentioned above.