Football is a popular betting sport, but it might be perplexing for fans unfamiliar with certain terms. Yes, football is unquestionably the simplest sport on the planet. After all, the players simply have to score more goals than their opponents. And, sure enough, if you just want to put your money on a match-winner, it’s very simple. But you should be aware of the terms we discuss in this article so you do not throw your money away on bets you may not understand. You should also make use of free bet offers such as placing your predictions for super 6 games.
Betting on football on a regular basis necessitates a greater understanding of the game. That’s why we’ve compiled this football betting glossary to make sure you know exactly what you’re doing.
- Asian handicap: Asian handicap betting is a type of sports bookmaking in which you bet on which team would win with the aid of a virtual advantage. This is because when one side is a major favorite, the odds must be leveled.
- 3-way handicap: In 3-way or European handicap betting, a virtual lead is assigned to one team and you bet on the game’s outcome depending on that lead. You may wager on either team to win or a draw in 3-way handicaps.
- Over/Under Betting: In over/under betting, you wager whether a certain event will occur above or below a certain total. The most popular over/under bet is the number of goals.
- Half-Time/Full-Time betting: In Half-Time/Full-Time betting (also known as HT/FT betting) you wager on the outcome at half time and the final result. It’s worth noting that the second part of your bet is a full-time bet, not just the goals scored in the second period. To win your wager, both predictions must be correct.
- Outright betting: In straightforward betting, a wager is placed on the outcome of a whole tournament rather than a single game. The worldwide popularity of the World Cup outright bet is undeniable.
- Combination betting: You may make your own bet in combination betting, which means you have total control over it. Combination betting (also known as accumulators) combines a number of bets into one large wager.
- Each-way bet: An Each Way (E/W) bet is a type of bet that comes from Horse Racing and is also found in other sports such as football, where an each-way option may be available on outright bets. The stake is doubled when placing an Each Way wager, with half the amount going to the winner and half to the loser.
- Wincast: A combination bet is a form of wager known as a Wincast. You may place a first, last, or anytime goalscorer wager. The outcome of the match is then bet upon (1X2). If the chosen goalscorer does not play in the game, your bet will be voided and refunded if you lose.
- No Goal No Bet: The First Bet for this match is betting on a team to score the first goal of the game. Importantly, if the game ends in a 0-0 draw, your bet is nullified and you receive your money back.
- Scorecast: A combination bet is a type of Scorecast wager. You place a first, last, or anytime goalscorer wager. The actual score of the game is then bet upon. If the specified goalscorer does not play in the match, the bet will be canceled and refunded if the correct score occurs.
- Accumulator bet – The same thing as parlay bets. It means you bet on several games and you do so on the exact same ticket. All games need to win for the bet to be won.
- Bad beat – The betting equivalent of bad luck. It is a term where you do everything as you should but you still lose. Misfortune influences the outcome of the bet you place and you end up losing even if there was a very high possibility of winning.
- Beard – A term that appeared in Vegas. It means the bettor is hiring someone to place a bet instead of them. This is done to avoid the common practice of some sportsbooks that do not want professional bettors as clients. The beard is used to avoid potential bet limits or bans.
- Chalk – A term used to describe the favored team. The term “favorite” is also very common.
- Cover – When a point spread bet is won, it is said you covered the spread.
- Dime – The wager of $1,000 is called a dime. A bet of $500 is called a nickel.
- Dog – The term is short for the underdog and it means that oddsmakers consider it as having a lower chance of winning.
- Hedge – Similarly to what we see in stocks, the hedge is when you bet on the wager’s other side with the purpose of minimizing losses. It is also done to guarantee a smaller profit when the optimum odds are found.
- Moneyline – The term is very popular in hockey and baseball because point spreads do not work as scores tend to be low. The wager is picking a team, without point spreads being involved.
- No Action – The bets are canceled and bettors receive the money-back.
- OTB (off the board) – You cannot bet on a match/game. The reasons for this can be numerous, like weather-related or not knowing if a player is injured or not.
- OK (Pick’em) – The oddsmaker thinks both sides of a match/game have the same chance of winning.
- Prop Bet (Exotic Bet) – This is when you bet on something happening in a game instead of the result. For instance, you can bet on who will get the first yellow card in a soccer game.
- Sharp – The term describes a savvy, smart, educated, or professional bettor who shows consistency and discipline. Obviously, these are not liked by sportsbooks. The opposite of the sharp is the square.
- Vigorish – Also known as vig or juice, it is the commission of the bookmaker for bet handling.
As you can see, there are several betting terms you have to be aware of. Do not be a square and become a sharp before you use your money for bets.
