Soccer In Austria: How To Bet On This Popular Sport
Soccer is one of the most popular sports in the world, with viewer numbers in the billions, especially when it comes to internationally renowned competitions. In Europe, too, soccer is considered the most popular sport. Millions of people watch their teams battle for glory every weekend.
Given the popularity of the sport, there is no doubt that soccer betting is also a very popular pastime for those interested in the game, adding an extra layer of excitement to the already thrilling experience of following a team through the league and the potential triumph.
In Austria, soccer is the second most popular sport after alpine skiing. In this article, you will learn more about soccer in Austria and how to bet on this popular sport, including the current players of the Austrian Bundesliga.
A snapshot of the sports betting industry
One of the industries that has experienced the most rapid growth in recent years is the online gambling industry. This is the result of a combination of factors, including rapid advances in areas such as mobile screen resolution and high-quality video streaming, as well as the incredible and increasing spread of the Internet around the world.
According to some sources, the online gambling industry is currently estimated to be worth over USD 70 billion and is expected to grow at an annual rate of 11.7% over the next few years. Within this industry, the global sports betting market accounts for an impressive share of around 50% in terms of revenue. Professional sports betting tips and predictions on the Austrian Bundesliga are updated around the clock. Bettors from all over the world closely follow the odds set by sports betting providers, as well as the wealth of professional soccer analysis, so that they can better understand and predict the development of their bets each week.
The history of the Austrian Bundesliga
In order to understand how best to bet on your own country’s professional league in the huge global sports betting market, you first need to understand the league’s roots. Soccer has been played in Austria since 1890, and the Austrian Football Association has been around since 1904 when it was founded and joined FIFA, of which it has been a member ever since.
The Austrian Bundesliga is the highest level of the Austrian soccer league system and was created in 1974/1975. The Austrian Bundesliga, which is not to be confused with its German counterpart of the same name, consists of a total of twelve teams. The league is intentionally kept small to achieve a higher concentration of talent within the top twelve teams.
Austrian Bundesliga format
The Austrian Bundesliga season is played between July and mid-March of the following year. Within this period, the twelve teams meet once at home and once away, resulting in a season with a total of 22 matches. This double championship is played each year over the course of autumn and a spring season.
At the end of these 22 games, the league splits into two divisions, which then play the championship round with the six best teams and the relegation round with the six worst teams of each season. Each of these teams then plays home and away again, and in the relegation round, whoever is at the bottom of the final table is relegated to the second Austrian league. The winner of the championship round participates in the UEFA Champions League along with the runner-up, while the third team is promoted to the major Europa League. The fourth and fifth teams participate in the playoffs of the coveted Europa League.
Working with odds on betting on the Austrian Bundesliga
So, if you want to bet on a team that is likely to win, these three teams have a high chance of not disappointing. However, when it comes to betting, things get a bit more complicated, because then the odds have to come into play.
The odds, which are set by sports betting providers based on a wealth of information and various factors such as player performance, injuries, team ratings, etc., refer to the probability of a certain outcome. For an outcome that has a higher probability – such as Rapid Vienna winning its match – the odds are also high. However, this means that the payout for this bet is lower. Therefore, for risk-takers who have the possibility of making a profit, it is worth betting on other teams that are not so popular and where the odds and results are a lot more complicated.