Football betting involves a variety of terms that not everyone fully understands. To bet safely, effectively, and increase your chances of winning, it's essential to grasp these concepts. In this article, Wintips explains the top 10 basic football betting terms. Let’s dive in!
Betting Odds Table Terms
The first and most important term among the top 10 basic football betting terms is "Betting Odds." Without understanding this term, it will be difficult for players to engage with others who share the same interests or choose the right betting option. For beginners, it’s crucial to explore this concept.
The term "Betting Odds" comes first because it is both simple and vital. These odds are predetermined by the bookmaker before each match. To compile a betting odds table, the bookmaker thoroughly analyzes the situation of both teams. Players rely on this data to make informed betting choices. Understanding what is a bookmaker is also critical, as they set the betting odds and provide platforms for placing bets.
European Odds (1×2)
In European odds, also known as 1×2 betting, players have three options:
Betting on the home team to win
Betting on a draw
Betting on the away team to win
Each option offers a different payout rate. To make the best choice, you need to analyze the form of both teams before the match. Identify which team is the favorite and which is the underdog to decide whether the match will end in a win, loss, or draw. Some key symbols to know are:
1 - Home team wins
X - The match ends in a draw
2 - Away team wins
1X - Home team wins or draws
2X - Away team wins or draws
Asian Handicap
This type of betting is relatively complex. To participate, you must thoroughly understand the relevant concepts and terms.
Key terms related to Asian Handicap betting include:
Handicap Betting: The core of Asian Handicap betting, determined by the bookmaker.
Handicap (HDP): Refers to the stronger team giving a head start to the weaker team. The exact handicap is set by the bookmaker.
Odds: The payout rates.
Win Full: Winning the bet and earning the full amount.
Lose Full: Losing the bet and forfeiting the full amount.
Half Win: Winning half of the wager amount.
Half Lose: Losing half of the wager amount.
HT (Halftime): Betting on the first half.
FT (Full Time): Betting on the full match.
ET (Extra Time): Refers to added or extra time in the match.
In-Play Betting: Placing bets during the match.
Correct Score: Betting on the exact final score.
Odd/Even (O/E): Betting on whether the total score will be odd or even.
Over/Under Betting
Known as Over/Under betting, this type involves predicting the total goals scored in a match. You need to analyze each team’s scoring and defensive capabilities to make accurate predictions.
Over (O): Betting that the total goals will exceed the bookmaker’s prediction.
Under (U): Betting that the total goals will fall below the bookmaker’s prediction.
6 Other Popular Football Betting Terms
In addition to the three popular betting types mentioned above, the following terms are widely used:
Stake: Refers to the amount of money wagered. If the bet loses, the stake is forfeited.
Accumulator: A combination of multiple single bets grouped together, also called parlay betting.
Handicap: Used to describe matches with a clear difference in team skill levels, such as Spain vs. Vietnam. The handicap gives the weaker team an advantage in goals.
90 Minute Betting: Refers to betting within the 90-minute match duration. Bets can include first goalscorer or first player to receive a card. If the selected player doesn’t participate, the bet is void.
24 Hour Rule: Some bookmakers state that if a match is postponed for more than 24 hours, the bets are void. If postponed within 24 hours, bets remain valid.
DNB (Draw No Bet): A type of bet where, if the match ends in a draw, the stake is returned. It’s a safer option but offers lower payouts.
See more: Sports betting terms: A beginner's guide to understanding betting terms explained.
This article from Wintips has introduced the 10 basic football betting terms every player should know. Before placing bets, ensure you understand the rules and choose a reputable bookmaker. Visit our website regularly for more valuable insights.
