What is football betting? Football betting terminology to master
What is football betting? This is a question that many people are interested in. In fact, football betting has been around for a long time and is played in traditional forms. However, over time, society has gradually become more modern. The traditional way of playing, which is old and outdated, has no room to operate. Instead, people choose to play online, also known as online football betting. In this article, apart from answering the question of what is football betting? The weekend football tips expert will share the most common football betting terms for new players.
What is football betting?
Football betting is a form of players betting their money on football matches. If you win, you will receive back 2 or 3 times the amount staked (depending on the odds of the bookmaker). If you lose, you lose all your stakes. Football betting is not simple and comes with many risks. However, this is an indispensable spice in football. Playing betting makes watching the match less boring.
Football betting as mentioned, is divided into 2 different types of play. Comprise:
Traditional football betting
Traditional betting has been around for a long time. Even popular for 1 long time. Players place bets through the “master” by text message or phone. Traditional betting hides many dangers for participants. In some Asian countries, gambling is traditionally a “violation of the law.” Gradually, this way of playing was killed.
Online football betting
Today most people use the internet and smartphones. Online football betting also caught waves and flourished. Playing football online will give us the following benefits:
- Bets can be placed wherever you are.
- Variety of materials and information on the sidelines of the match.
- Deposits/withdrawals are fast, compact and secure.
- Promotional offers are flooded.
- 95% of matches are not cancelled.
What do you need to prepare for playing football betting?
1. Understand the rules of football betting
Any betting game needs specific rules, so does football. Memorize the rules carefully before thinking about winning. Some basic football rules such as:
- Persons aged 18 years or older, with full criminal liability may participate.
- The betting result is based on the round you bet. It is possible to bet on 1st, 2nd or extra time.
- Ball handicap results are only counted in official match time + overtime. Does not apply to extra time.
- Winnings can be converted to cash and withdrawn to a bank account.
- If the match is postponed for more than 12 hours, the main match will be canceled. The dealer will then refund the bet to the player.
2. Know how to calculate winnings and losses
Smart players are financially secure. You have to calculate your winnings/losses after each match. The calculation formula is as follows:
- Half-money (1/2) loss: You lose half of your original bet.
- Losing the whole game: Money lost = Stake x Odds.
- Odds of winnings: Received = Stake x Odds.
Note: The odds here will depend on the bookmaker you choose to bet on. Not all bookmaker sites offer the same odds. Please pay attention to avoid mistakes, wrongful loss of money.
3. Understand each different type of bet
In football, there will be 3 basic types of odds, including:
- Asian bookmaker (Handicap).
- European bookmaker (1×2).
- Over/Under.
There are also 1 number of other odds such as: Over/Bottom Odds, Win full/Lose full, Win half/Lose half, Vibrating Handicaps, Bronze Handicap …
4. Pre-match review
Researching and evaluating before the match is very important. Information about the field, playing squad, weather, player performance … are fully updated by the bookmaker. Also do not forget to update the odds, predict the score before the match.
5. Only bet on football at reputable addresses
The prestigious address here is the leading online bookmakers. Such as W88, M88, 12BET, HAPPYLUKE or 188BET. With an open market like today, there will be many fraudulent bookmakers. Consider and bet selectively.
6. Memorize a lot of football betting terms
If you are a new player and do not have much knowledge about football , you will definitely not be able to grasp all the terms. One of the factors that makes winning big bets is grasping the meaning of technical words. When you come across any term, you should memorize and discover relevant information immediately.
Common football betting terms
What is the term football betting?
The term football betting is the word or phrase that describes activities in football betting. It can be slang, specialized words or English words… The term denotes illustrating the psychology or gameplay of the bettor. When participating in football , you need to memorize terms from basic to advanced.
Common terms
- ET (Extra time): Extra time of the game.
- FT (Full Time): The time of the whole match.
- HT (Half time): 1 round (1/2 match).
- Correct Score (CS Betting): Bet on the match score.
- Vibration bets: In-play bets.
- O/E (Odd/Event): Bet on total goals in even/odd numbers during the match.
- PEN: Penalty kick bet (11m).
- Win/lose full: Win/lose bets with enough money.
- Win/lose half: Win/lose half of the money.
- Kick off handicaps: Serve handicaps.
- Penalty card handicaps: Bet on the total number of penalty cards in the game.
- Golden goal: A reference to the golden goal scored.
- Silver goal: The team that scores more goals wins.
- Friendly games: A reference to friendly matches.
- Prc: Predict the number of red cards in the match.
Asian handicap terminology
Asian handicap has 2 main terms, including:
- Upper handicap: The stronger team, the upper door team is the handicap.
- Lower handicaps: The weaker team, the lower door team is handicapped.
There are also a few other factors such as yardage, recent form and head-to-head record. The terminology used in Asian rafters is as follows:
- Handicap: The odds that the dealer gives for the match.
- Handicap/Asian Handicap: Asian bookmaker odds.
- Odds: The rate at which winnings are converted.
- Over/under: Over/Under handicaps.
- Ball: 2 teams are tied.
- Half draw (1/2): If the match results in a draw, the upper door bet loses half of the stake.
- Half-and-a-half fruits (1 1/4): 1 fruit + 1 fruit difference.
- 2 1/2 fruits (1 3/4): 1 fruit + 3/4 fruit difference.
- Half 1 3/4: If the match results in a draw, the upper door loses all stakes.
European handicap terminology
There will be no upper or lower doors. Simply predict the team to win, lose or draw. The higher the team, the less winnings will be. European handicap terminology includes:
- 1x: Bet on the home team from draw to win.
- 2x: Bet on the away team from draw to win.
- 1×2: European handicap odds.
- 1: Bet on the home team winning.
- 2: Bet on the away team winning.
- x: Predict 2 teams to draw.
Over/Under terminology
Some terms when betting Over/Under are:
- Over or O: Refers to the team that is upper, the team is stronger or has more advantages. Over will win when the total number of goals > the odds predicted by the bookmaker.
- Under or U: Refers to the lower team, the weaker team. The Under will win when the total goal < the odds predicted by the bookmaker.
Conclue
Understanding the definition of “What is football betting?” is only a very small part. Understanding to apply and get rich from it is the most important goal. Don’t be impatient to avoid losing money. Be patient and wait for the right opportunity to win. Don’t forget to keep in mind the football terms shared by Kingsoccertips. It will definitely be of great help to you.
See also: Football betting rules online to know before playing