Basic types of bets in football that you should know

Football is not only a globally popular sport, but also a dramatic game that attracts millions of participants through bets. Football betting has become an integral part of today’s world of entertainment and betting markets. However, in order to be successful in betting on football, players need to have a good understanding of the types of bets and how they work. In this article, let’s Kingsoccertips.com learn about the popular types of bets in football and how they can provide challenging opportunities and help satisfy the passion of fans.

What is football betting?

Football betting is a form of placing money on predicting the outcomes of football matches or related events. Players place money and select a specific outcome they believe will occur in the match or event. If their prediction is correct, they receive a reward based on the chosen odds.

Types of football bets may include predicting the final result of the match, the score, odd/even score, the first goal scorer, players scoring during the match, halftime score, and various other types of bets. Football betting can also encompass in-game events such as red cards, yellow cards, the number of fouls committed, and other factors.

Football betting is conducted through bookmakers or online casinos, and players have to wager with real money. If their prediction is correct, they receive their wager back along with a payout based on the chosen odds. However, if their prediction is incorrect, they lose the amount they wagered. Football betting is a popular form of entertainment and can provide opportunities to earn money if you have knowledge of football and know how to bet wisely.

Types of bets in football popular today

1. Asian Handicap

As the name suggests, this type of bet originates from the Asian betting community, but it has spread and become increasingly popular in European countries. The key distinction between Asian Handicap and European Handicap is that Asian Handicap offers only two choices, with no option for a draw.

It’s a type of handicap betting. In cases where there is an imbalance between the two sides, the stronger team will have to concede a certain number of goals. For example, a 1-goal handicap, 1.5-goal handicap, or 2-goal handicap, and so on.

2. 3 Way Bet

A 3-Way Bet (3-way) is a widely used and straightforward type of betting. You simply place your bet on one of three possible outcomes.

A typical example of a 3-way bet is the European football bet (1X2). In this type of bet, you select either the home team (1) to win, a draw (X), or the away team (2) to win. You only win if the result aligns with your chosen outcome, and you lose if any of the other two results occur. It’s crucial to be aware of this when placing bets in a 3-way bet.

Currently, not only the European 3-way bet exists, as bookmakers have created various forms of 3-way bets. For instance, consider a 3-way bet that combines Asian Handicap and European odds:

You still have three outcomes to choose from: Brazil wins, a draw, or Mexico wins. However, each outcome is accompanied by an Asian Handicap. For instance, you choose Brazil (-1). If the full-time result (in 90 minutes, excluding extra time) is 1-0, you lose, and there is no payout for a draw. Be cautious of this detail when placing 3-way bets, as it can lead to unexpected losses, as seen in some sports betting forums.

3. Double Chance Bet

This is also a straightforward type of bet. In this type of bet, you choose two out of three possible outcomes to increase your winning chances. However, the odds are reduced compared to choosing just one outcome.

The available options for Double Chance bets are as follows:

1 or X: Bet on either the home team winning or a draw.
1 or 2: Bet on either the home team winning or the away team winning.
X or 2: Bet on either a draw or the away team winning.

4. Over/Under Bet

In an Over/Under bet, you place your wager on the total number of goals scored by both teams in the match. The leading European bookmakers will provide a predicted goal total for each match. If you bet that the actual total goals scored will be higher than this number, you are choosing the “Over” option. If you bet that the total goals scored will be lower than the bookmaker prediction, you are choosing the “Under” option.

For example, if the Over/Under bet for the Brazil vs. Mexico match is set at 2.5 goals, to win on the “Over,” the match must have three or more goals scored, while to win on the “Under,” the match must have two or fewer goals scored.

In practice, Over/Under bets are not limited to just the total number of goals in soccer matches. You can place Over/Under bets on various other aspects of sports, such as the total number of cards, the total number of corner kicks, and you can also play Over/Under bets in other sports like tennis, basketball, and more.

5. Both Teams to Score

As the name suggests, in this type of bet, you place a wager on whether both teams will score (Yes) or not (No). For example, if both teams score, the Yes option wins. If one or both teams fail to score or if the match ends goalless, the No option wins.

6. Half Time/Full Time Bet

In this type of bet, you predict both the result at half-time (Half Time) and the final result (Full Time). It’s important to note that Full Time here refers to the outcome after 90 minutes of play plus any additional injury or stoppage time.

Similar to the Half Time/Full Time bet, there are a total of 9 possible combinations for you to choose from.

For example, in the Half Time/Full Time bet for the Brazil vs. Mexico match at the bookmaker:

Brazil – Brazil: Bet on Brazil winning at half-time and winning the match in the end.
Draw – Brazil: Bet on a draw at half-time and Brazil winning the match in the end.
Mexico – Brazil: Bet on Mexico winning at half-time and Brazil winning the match overall.
Brazil – Draw: Bet on Brazil winning at half-time and the match ending in a draw.
Draw – Draw: Bet on a draw at half-time and the match ending in a draw overall.

7. Draw No Bet

If you find the 3-way bet too risky, you can place a Draw No Bet. In other words, you only need to choose one of the two teams to win. If the result ends in a draw, you won’t lose your money as you would in a 1X2 bet; instead, the bookmaker will refund your stake.

8. Correct Score Bet

This type of bet is quite straightforward. Anyone who has never placed a bet before understands what the final score of a match means. You need to predict this accurately; if you’re correct, you win, and if you’re wrong, you lose your money!

You can bet on the overall correct score (Correct Score) or the score at the end of the first half (Half Time Correct Score), or even a combination of the half-time score and the final score (Half Time/Full Time Correct Score).

Note when choosing types of football bets

When choosing different types of bets in football, there are several important considerations you should take into account to increase your chances of success and reduce the risk of losing money:

Some notes on choosing the types of bets in football

Football Knowledge: Before placing bets, have a good understanding of football, teams, players, and factors that can influence match outcomes. This knowledge will help you make more informed predict of football.
Financial Management: Set a betting budget and stick to it. Don’t wager money you can’t afford to manage or lose. Betting should not negatively impact your personal life.
Choose a Reputable Bookmaker: Select a reputable and licensed bookmaker. This ensures that your bets are managed fairly and securely.
Understanding Bet Types: Each type of bet has its own rules and odds. Make sure you understand how a bet works before placing it. Avoid betting on a type you don’t fully comprehend.
Use Information and Statistics: Learn more about football information and statistics to make informed predictions. Factors such as head-to-head history, team form, and player fitness can significantly impact match outcomes.
Consider Variable Factors: In football, many factors can change rapidly, such as weather conditions, injuries to key players, or a team’s determination. Keep an eye on these changes and adjust your bets as necessary.
Avoid Chasing Losses: If you lose a bet, ensure you don’t bet more to “recover” your losses. Betting should not be based on emotions.
Time Management: Set time limits for your betting activities and avoid continuous betting without breaks.

Conclude

Types of bets in football not only satisfies the entertainment needs of fans, but also offers challenging opportunities and significant profit potential. However, to succeed in this field, players need to thoroughly understand the experiences shared by experts through various soccer tips bet sources, as well as the workings of each type of betting, and keep track of sports information to make accurate predictions as we have shared above. Anyone who wants to try their hand at football betting should consider it carefully and should not bet too much to avoid financial risk. With understanding and discipline, football betting can become an exciting and engaging experience. I wish you every success!