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Types of football bets and terms you should know

Types of football bets and terms you should know

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Football, one of the most internationally beloved sports in the world, has an active and thriving online betting scene today. Aside from keeping up with the latest football news to gain betting insights, there are also online betting sites like Protipster to get professional stats and analysis.

Sports betting is one of the most engaging ways football fans can get in on the action during a match. With a wide variety of different sports to participate in, it's an exciting time for online sports bettors. For people who are interested in online football betting, you've come to the right place. In this helpful guide, you'll be learning about the types of bets you can make as well as a list of betting terms. To get started, keep on reading!

Types of Football Bets You Should Know

One of the very first things you should learn when getting into football betting are the types of bets you can place. To increase your chances of winning, you need to learn and understand all the betting options available to you.

Here are a few common football bets every beginner should know:

#1 Full-Time Result Bets

First on the list is one of the simplest football bets you can make. Full-time result bets focus on the end of match results. The result at the end of the match has three definite outcomes; team A wins, Team B wins or Teams A and B have a draw.

The full-time result bets aren't very complicated due to the straightforward possible outcomes. To win, the results need to reflect the bettors' final prediction. Therefore, if you predict that Team B wins, you'll lose if the results end as a draw or if team A wins.

#2 Acca Bets

A popular type of football bet is called 'acca' bets also known as football accumulator bets. They allow players to combine bets from different games into one bet. If you want to increase your chances of a bigger payout, this is a great option. You can place multiple full-time bets altogether in an Acca bet and predict each game's result.

This type of football bet involves a series of bets in one wager. To win, each bet you placed in the wager must win. If one of the bets loses, the wager loses.

While football punters can increase their chances of winning with football accumulators, it's important not to place too many bets. Best smart by using reliable bookmakers when placing Acca bets for the best results.

#3 Under/Over Bets

The under/over bets are two option bets where the results should be more or less than the number of goals quoted. What's great about under/over bets is that it's simple to understand, the bets should just be greater or lesser than 2.5 goals.

Predicting that a team will win 3 or more goals or lose with fewer amount goals isn't very specific compared to other odds. Meaning, you have a higher chance of winning.

#4 HT/FT Bets

Half-time and full-time bets are essentially the betting on the predicted results you have during the half-time and full-time. Understanding HF/FT bets are pretty simple, in a match between Team A and B, you can be on one of the two teams or call a draw at both half-time and full-time.

#5 Middle or Middling Bets

Middling bets are rather special as you can play for both teams. This is a type of sports bet that allows you to play different sides of the same game. Gives bettors a chance to win wagers on the same game.

Betting Terms You Should Know

One of the most important things to remember when online sports betting is that you must learn step-by-step. With experience, you'll be able to build your portfolio and gradually grow. Before you start your betting career and place your bets, it's important to understand different online betting terms. Here's a quick list of important industry lingo, to help bring you up to speed.

Alternate Line

Gives punters more options to wager specific games. You can either win with a higher or lower payout than the original spread.

Backdoor Cover

To cover a point spread late in the match. With a late cover, a team can potentially change the final results of the game.

Betting Exchange

Aside from the sportsbook, bettors can bet against another betting platform called the betting exchange, another place where bettors can wager against each other.

Betting Unit

Betting units share how much a bet was made without indicating a specific number. This is used as a way to differentiate each bettor's unit size.

Chalk

A term used for the team that's preferred to win. The favorite team or player who is expected to win the match.

Opening Line

The opening line is the first available point spread for every match.

Closing Line

This refers to the value of a bet relative to where the line closes.

Dead Heat

Another way to say that there has been a tie.

Dog

Refers to the team that's least expected to win the match.

Double Chance

A term used when a wager allows the bettor opportunities to win a bet. A double chance bettor can combine two of the three results. This gives the bettor a chance double chance of winning a wager If the result in a match could be a win, loss, or dead heat,

Early Cash Out

A way for bettors to settle wagers for an amount before the end of the game. A great way to lock in a profit at a smaller amount than what the wager would give.

Fixed Odds

Odds that are set and do not change once the wagers are placed.

Live Betting

When you place a wager on a game while it's taking place.

Lock

A predictable win. Used when a team or player will win by large.

Off the Board

This is when a sportsbook has halted taking wagers on a match or participant due to unforeseen events like physical accidents.

Player Props

Placing a wager on an individual player to do something during the match, like scoring the first point.

Round Robin

A wager that involves making multiple parlays (initial stake or winnings from a previous bet) bets all at once.

Runner

A person who places bets at a sportsbook on behalf of someone else.

Square

A casual sports bettor, someone who bets as a hobby.

Tissue Price

The initial odds that were offered by a sportsbook, usually the fairest price on a wager.

True Odds

Actual odds of an event happening. The most accurate point spread or money line.

Learn How to Bet Smartly

One of the most common mistakes betting rookies make is expecting to win big right off the bat. As a result, they start placing huge wagers despite their lack of online betting experience. While the chances of winning big are there, losing big is also a possibility.

If you want to have a positive football betting experience, you need to learn the ropes of the trade first. First, familiarise yourself with the industry, the types of bets available to you, and some keywords that you need to understand. While it may sound like tedious work, it's essential.

This quick guide is the perfect step into learning more about football betting and the essential things you need to know. You are one step closer to becoming an online betting pro.
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