When you just start betting on football you might come across some betting terms which might sound unclear and you could be uncertain what specific terms mean. In this article we will have the most commonly used betting terms explained. So if you are completely new to betting or want to refresh your knowledge, this is the perfect guide for you.
Football betting glossary
Full time result: In Full Time Result betting, often known as 1x2 betting, a bet is placed on either the home team to win, away team to win or the game to end in a draw. This bet does not include the final score after extra time or penalties which may happen in knockout games, so only the final score after the second half counts for this bet.
Asian handicap: Asian handicap betting is a form of betting where a team gets a virtual advantage and you bet on which team would win given the added handicap.
Example: If you bet on team A to win with a -1.5 Asian Handicap, you will win if the team A wins with 2 goals or more. If team A only wins with 1 goal difference, draws or loses you will lose your bet.
Asian Handicaps are available with full lines, half lines and quarter lines. For a more detailed explanation of Asian Handicaps and different lines, check this convenient Asian Handicap betting guide
3-way handicap: In 3-way or European handicap betting a virtual lead is given to one team and you bet on the outcome of the game given that specific lead. In 3-way handicaps you can bet on either teams to win or a draw.
Example: In a game that starts with a 1-0 handicap in favour of team A, a bet on team A will win if they win or draw, a bet on the draw will win if team B wins with exactly 1 goal difference and a bet on team B will win if team B wins with a 2 goal lead or more.
Over/under Betting: In over/under betting, sometimes abbreviated as O/U betting you predict if a certain event is to happen over or under a specific predetermined amount of times. The most common over/under bet is on the amount of goals, however bets on how many cards, corners and other game statistics are offered during most of the games.
Half Time/Full Time betting: In Half Time/Fulltime betting or HT/FT betting you bet on both the result at half time and the fulltime result. Keep in mind that the second part of the bet is the fulltime bet so not only the goals scored in the second half. Both of the predictions have to be correct to win your bet.
Example: If a game between Argentina and Spain is 1-1 at half time but ends 3-1 in favour of Argentina, the correct result would be Draw/Argentina.
If Argentina had led 3-0 at half time and the game ends 3-1, the correct result would be Argentina/Argentina.
Double chance betting: In double chance betting you bet on 2 possible outcomes of a game (home team wins, draw or away team wins) and a bet is won if either of the outcomes is the actual result.
Example: If a home team wins a game, the 2 winning bets would be Home team or Draw and Home team or Away team. The only losing bet is Away team or Draw.
Match parlays: In match parlays 2 different match bets are combined in one bet and both choices have to be correct in order to win a bet. Every bet has only 1 winning outcome. Possible types of bets in match parlays include but are not limited to: Full time result, Total goals scored, total corners taken, both teams to score.
Outright betting: In outright betting a bet is placed on the result of a whole tournament instead of a single game. The outright bet on the World Cup is one of the most popular bets worldwide.
H2H betting: In head-to-head betting or H2H betting two players or teams that are not necessarily confronting each-other will be matched up and bets will be settled based on both of the teams performances.
Each-way bet: Each Way (E/W) bets find their origin in Horse Racing but are also often found in other sports such as football where an each-way bet option may be offered on outright bets. When placing an Each Way bet the stake is doubled and will be placed half on a team to win and half on a team to place.
The terms for how many places are paid and the adjustment of the odd may vary from event to event. For the World Cup for example the terms are ½ 1-2, which means that the odds for placing are halved and the placement bet is a winning bet if the team plays the final.
Example: £10 each-way on Brazil to win the World Cup @ 4/1 would cost £20 pounds to bet.
- Brazil winning the event would give a return of (£10x4) + stake = £50
- Brazil placing would give a return of (£10x4x1/2) + stake = £30
- If Brazil would lose in the final, the return is only £30 for the placebet, if Brazil wins the return is £50 + £30 = £80
Scorecast: A Scorecast bet is a sort of match parlay where a bet is combined with 1) a first, last or any time goal scorer and 2) the actual score of the game. If the selected goal scorer does not start the match, the bet will be cancelled and refunded
Wincast: A Wincast bet is a sort of match parlay where a bet is combined with 1) a first, last or any time goal scorer and 2) who wins the game (or draw). If the selected goal scorer does not start the match, the bet will be cancelled and refunded