Rugby World Cup 2023 Betting Guide: Tips and Strategies

A Comprehensive Guide to Sports Betting on Rugby at the World Cup

With the Rugby World Cup on the horizon, sports enthusiasts and bettors are gearing up for a thrilling journey of wagering on one of the world's most exciting sports. In this extensive guide, we will delve deep into the art of sports betting on rugby during the World Cup. Our aim is to provide you with a comprehensive understanding of the game and the betting strategies required for a successful and enjoyable betting experience. Additionally, we will offer key recommendations on what to watch for when betting on the World Cup.

Understanding Rugby Betting Odds

Before you dive headfirst into the exhilarating world of rugby sports betting, it's imperative to grasp the fundamentals of betting odds. Rugby betting odds typically manifest in three distinct formats: decimal, fractional, and moneyline. To navigate the realm of rugby betting effectively, let's explore each in detail:

Decimal Odds: These odds, expressed as a decimal number, represent the potential return on a bet, inclusive of the original stake. For example, if you place a $100 bet on a team with odds of 2.50, a successful bet would yield a total return of $250, which includes your original $100 stake. With decimal odds there is an implied probability. To calculate this you can use the formula 1 / decimal odds. In the above case bookmakers estimate a 40% (1 / 2.5 = 40%) chance of the outcome happening. Decimal odds are by far the most widely used system amongst sports betting companies.

Fractional Odds: Popular in the United Kingdom, fractional odds represent the potential profit as a fraction of the initial stake. For instance, if the odds are 5/1, it means you can potentially win $5 for every $1 wagered.

Moneyline Odds: Commonly used in the United States, moneyline odds come in both positive and negative values. A positive value (+150) indicates the potential winnings on a $100 bet, while a negative value (-150) represents the amount you need to wager to win $100.

Betting Markets for Rugby

The Rugby World Cup opens the door to a multitude of betting markets designed to cater to bettors with varied preferences and strategies. Here are some of the popular rugby betting markets to explore:

1. Match Result: This is the quintessential bet where you predict the outcome of a rugby match – a win, a loss, or a draw. These often provide great returns when betting on the underdog!

2. Handicap Betting: Handicap betting evens the playing field by virtually assigning one team a handicap. Your objective is to predict the margin of victory, considering the handicap. In Rugby handicap betting is extremely popular as scoring is significantly more prolific. At time of writing All Blacks just defeated Italy 97 - 17! Whilst just a week before British and Irish Lions humiliated Chile 71 - 0. Handicap betting is an excellent choice if you want to put your stake on the All Blacks. With a astonishing win rate of 77.31% over the last 522 games.

3. Over/Under Betting: This market focuses on the total number of points scored in a match. Bettors predict whether the final point tally will be over or under a specific number. Consider team profiles when going for over/under. You Van find great statistics on ESPN or

4. Try Scorer Betting: In this market, you wager on which player will score a try during a match. You can also bet on the first or last try scorer.

5. Winning Margin: Predict the exact margin by which a team will win the match. While this is a high-risk market, it offers the potential for substantial rewards.

6. Futures Betting: Place bets on tournament outcomes, such as predicting the overall winner of the Rugby World Cup.

Conclusion:

Prepare yourself for a thrilling and potentially profitable adventure into the world of sports betting on rugby at the upcoming Rugby World Cup. By understanding rugby betting odds and exploring various betting markets, you can enhance your betting experience and increase your chances of success. Remember to bet responsibly and enjoy the excitement of the Rugby World Cup with confidence.