Soccer is one of the most popular sports for betting, but it can be confusing for fans who are not familiar with football betting terms and their meanings. While it is true that football is a straightforward sport, betting on it requires a deeper understanding of the game. By learning these betting terms, bettors will be able to make informed decisions when placing bets on soccer matches.
Accumulator (ACCA) Bet
An accumulator bet is a combination of single wagers into one bet. The accumulator bet has four or more legs (choices) and all legs must win for the overall wager to win. If even one leg loses, the entire bet is lost.
The Asian Handicap betting type aims to even out the odds by giving a virtual edge to the underdog team. This type of bet may be difficult for newcomers to understand, but once they grasp it, they’ll be intrigued by the possibilities for profit, such as eliminating the prospect of a draw conclusion.
The Asian Handicap (also known as Hang Cheng) refers to spread betting in football. The elimination of a draw outcome increases the chances of a punter making money considerably. A win with an Asian handicap has only two outcomes: “home” or “away”. The handicap is a fractional goal head start and may be increased in steps of ¼, i.e. ¼ goal, half-goal, ¾ goal, 1 goal, 1¼ goal etc.
Banker bets are wagers on hot favorites expected to return a profit. In system bets, the banker is a pick that must win to payout. These are generally placed on odds of 1.40 (2/5) or lower, and they can be placed as singles or part of an accumulator bet.
The betting line before a bookmaker sets the odds for an event, also known as the closing line, is referred to as the final line.
Combination betting combines several wagers into one to improve a bettor’s chances. These bets are more straightforward to place when utilizing features like Bet Builder. Different bookies have various names for them, such as Same Game Multi and Bet Builder. These bets may be made across one event or more or across different sports.
Double Chance Betting
A Double Chance bet is when a bettor backs two possibilities in one wager. Although these odds aren’t ideal, there’s a better chance of winning because of this type of bet.
Draw No Bet
In a “Draw No Bet” wager, a bettor wins if their team wins, and they get their money back if the game finishes in a draw. This is a popular wager because the draw result has no bearing on the bet.
Punters place each-way bets on horse racing and outright football. Bookies allow it in outright football wagering. Bettors bet on one team to win and another to place with the same amount of money (doubled stake). If both events win, they get a much higher return, but they must make a bet even if one does.
An Even wager is a wager on even chances. 2.0 or 1/1 are two examples of even odds. It’s popular, and bookies give new customers incentives to make a qualifying bet on even money.
Fixed Odds Betting
Fixed odds betting is the act of making bets on predetermined odds, which means a bettor knows exactly how much money they’ll make at the time of making a bet. Potential returns will not change regardless
A non-runner is a term used in horse racing when a horse is withdrawn from the race before the start. In this case, bets placed on that horse are void and the bettor can either receive their money back or place another bet.
An outsider is a team or player that is considered less likely to win the match or event. Betting on outsiders can be riskier but can result in higher payouts if they do win.
Over/Under betting is a type of wager in which the bookmaker sets a line for the total number of goals or points scored in the game, and bettors can choose whether they think the actual number will be over or under that line.
A point spread is a type of bet in which the bookmaker sets a spread, or margin of victory, for the favored team to win by. Bettors can then choose to bet on either the favorite team to win by more than the spread or the underdog team to lose by less than the spread.
Runline betting is a type of wager in baseball that is similar to point spread betting in other sports. The bookmaker sets a runline, or margin of victory, for the favored team to win by, and bettors can then choose to bet on either the favorite team to win by more than the runline or the underdog team to lose by less than the runline.
A single bet is a straightforward wager on one outcome, such as the winner of a match or the total number of goals scored.
The total goals market is a type of bet in which the bookmaker sets a line for the total number of goals scored in the game, and bettors can choose whether they think the actual number will be over or under that line.
An underdog is a team or player that is considered less likely to win the match or event. Betting on underdogs can be riskier but can result in higher payouts if they do win.
A wager is another term for a bet, or a sum of money placed on a particular outcome of a match or event.
With these soccer betting terms and their meanings, you can now better understand the types of bets available and make more informed decisions when placing your bets. Remember to always gamble responsibly and only bet what you can afford to lose.