Types of Bets Found in Football Betting

Andy

Football Betting Guide

July 13, 2024

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Introduction

Football is not just a game of passion, strategy, and unparalleled excitement; it's also an arena for numerous betting opportunities. At Football-BBC.com, we understand that for some enthusiasts, the thrill of the game is amplified by placing bets on various outcomes, ranging from straightforward to highly complex.

Whether you're a seasoned punter or a newbie, knowing the different types of bets found in football betting can significantly enhance your betting experience.

In this exhaustive guide, we'll cover each type of bet meticulously, discussing their intricacies, benefits, and potential pitfalls. Our aim is to equip you with the knowledge you need to make informed decisions, adding to the excitement of every football match.

Types of Bets Found in Football Betting

Football betting isn't a one-size-fits-all affair. There's a rich variety of bet types, each offering different ways to predict outcomes and win. Whether you're interested in predicting who will win a match or how many goals will be scored, there's something for everyone.

By understanding the types of bets found in football betting, you can diversify your strategies and increase your chances of winning.

Match Result Bet

What is a Match Result Bet?

A Match Result Bet, also known as 1X2 betting, is the most straightforward form of football betting. In this type of bet, you wager on the outcome of a match – whether the home team will win (1), the match will end in a draw (X), or the away team will win (2).

How to Place a Match Result Bet?

Here at MyBookie, we've made it easy for you. Simply navigate to the match of your choice, look for the Match Result section, and choose either 1, X, or 2.

Benefits and Downsides

• Pros:
• Simple and easy to understand
• Widely available and common in almost all sportsbooks
• Cons:
• Can sometimes offer low odds, especially if one team is heavily favored

Real-Life Application

For example, if you bet on Real Madrid to win against Barcelona, and Real Madrid wins, you win your bet. It's as simple as that.

Correct Score Bet

What is a Correct Score Bet?

A Correct Score Bet is a more precise form of betting where you predict the exact final score of a match. This type of bet can be quite rewarding, given that it's much harder to correctly predict the exact score than just the match result.

How to Place a Correct Score Bet?

Navigate to the specific match on our website, select the Correct Score section, and input the exact score you predict.

Benefits and Downsides

• Pros:
• Higher odds compared to simpler bets
• Offers a significant payout if you guess correctly
• Cons:
• Much harder to predict accurately
• Requires a deep understanding of team performance and form

Real-Life Application

If you predict that Liverpool will beat Manchester United 2-1, and the final score is indeed 2-1, you win your bet.

First Goal Scorer Bet

What is a First Goal Scorer Bet?

In a First Goal Scorer bet, you wager on which player will score the first goal in a match. This type of bet hinges on individual player performance, adding another layer of excitement to the game.

How to Place a First Goal Scorer Bet?

On MyBookie, navigate to the player betting markets in a specific match and select the player you think will score first.

Benefits and Downsides

• Pros:
• High odds and potential for significant winnings
• Makes watching the first half more exhilarating
• Cons:
• High risk due to the unpredictable nature of football
• Injuries and substitutions can ruin your bet

Real-Life Application

For instance, if you bet on Cristiano Ronaldo to be the first goal scorer and he scores the first goal, you win the bet.

Last Goal Scorer Bet

What is a Last Goal Scorer Bet?

As the name suggests, this bet involves predicting which player will score the last goal in a match.

How to Place a Last Goal Scorer Bet?

Similar to the First Goal Scorer bet, navigate to the player betting markets on the MyBookie website and select the player you think will score last.

Benefits and Downsides

• Pros:
• Higher odds similar to the First Goal Scorer bet
• Offers extended excitement right until the final whistle
• Cons:
• Even more unpredictable than the First Goal Scorer bet
• Game situations like heavy defending can make this bet tricky

Real-Life Application

If you bet on Lionel Messi to score the last goal in a match and he indeed nets the final goal, you win.

Anytime Goal Scorer Bet

What is an Anytime Goal Scorer Bet?

In this type of bet, you predict a specific player to score at any point during the match. This bet is more forgiving than the First or Last Goal Scorer bets.

How to Place an Anytime Goal Scorer Bet?

Navigate to the player betting markets for a match on our site and select the player you think will score at any point during the game.

Benefits and Downsides

• Pros:
• Higher chance of winning compared to First or Last Goal Scorer bets
• Adds excitement throughout the entire game
• Cons:
• Lower odds compared to more precise goal scorer bets
• Players could get injured or substituted before scoring

Real-Life Application

Assume you bet on Harry Kane to score at any time during a match. If Kane scores any goal, regardless of its timing, you win your bet.

Half Time/Full Time Bet

What is a Half Time/Full Time Bet?

This bet involves predicting the result of the match at both half-time and full-time. It’s a combination bet where you bet not just on the final result, but also on the result at the midpoint of the game.

How to Place a Half Time/Full Time Bet?

Navigate to the specific match on MyBookie, go to the Half Time/Full Time section, and make your dual prediction.

Benefits and Downsides

• Pros:
• Higher odds compared to a simple Match Result bet
• Engaging and keeps the excitement for both halves
• Cons:
• Harder to predict, increasing the risk
• Requires a good read on the game flow and team form

Real-Life Application

You might predict that Chelsea will be leading at half-time (1) but the game will end in a draw (X). If this outcome happens, you win your bet.

Double Chance Bet

What is a Double Chance Bet?

A Double Chance Bet allows you to cover two out of the three possible outcomes in a football match. This increases your chances of winning, though with lower potential returns.

How to Place a Double Chance Bet?

Navigate to the Double Chance section on a specific match on our site and choose your preferred dual outcome.

Benefits and Downsides

• Pros:
• Higher likelihood of winning compared to single outcome bets
• Great for minimizing risk while still engaging in betting
• Cons:
• Lower odds, hence smaller payout
• Can still be risky if the match is unpredictable

Real-Life Application

If you bet that either Arsenal will win or the match will end in a draw (1X), you win if either outcome occurs.

Both Teams to Score Bet

What is a Both Teams to Score Bet?

In this bet, you're simply predicting whether or not both teams in a match will score at least one goal each.

How to Place a Both Teams to Score Bet?

Navigate to the specific match, look for Both Teams to Score section, and select “Yes” if you think both teams will score or “No” if you think they won't.

Benefits and Downsides

• Pros:
• Simple and easy to understand
• Adds excitement to both ends of the field
• Cons:
• Lower odds if the teams are known for their attacking prowess
• Risky if one team is significantly stronger than the other

Real-Life Application

If you predict that both Manchester City and Liverpool will score at least one goal, and they do, you win your bet.

Over/Under Goals Bet

What is an Over/Under Goals Bet?

An Over/Under Goals Bet involves predicting whether the total number of goals scored in a match will be over or under a specified number.

How to Place an Over/Under Goals Bet?

Navigate to the Over/Under Goals section of a match on MyBookie and choose the over or under option based on your prediction.

Benefits and Downsides

• Pros:
• Simple and versatile
• Can be applied to many aspects of the game
• Cons:
• Requires a good understanding of team statistics and form
• Can be affected by unpredictable factors like weather and referee decisions

Real-Life Application

If the over/under line is set at 2.5 goals for a match, and you bet on over, you win if 3 or more goals are scored in the match.

Handicap Betting

What is Handicap Betting?

Handicap Betting aims to level the playing field by giving one team a virtual advantage or disadvantage. This type of bet is particularly useful when there’s a clear favorite, making the odds more attractive.

How to Place a Handicap Bet?

Navigate to the Handicap section on the specific match of your choice and place your bet with the adjusted handicap.

Benefits and Downsides

• Pros:
• Balances the scales, making mismatched games more interesting
• Offers better odds than straightforward match result bets
• Cons:
• Requires a deeper understanding of both teams’ potential
• Can be complex for beginners

Real-Life Application

If you place a handicap bet on Manchester United at -1 against Watford and Manchester United wins by 2 or more goals, you win your bet.

Asian Handicap

What is Asian Handicap?

Similar to Handicap Betting, Asian Handicap provides one team with a virtual advantage. However, the potential outcomes are reduced to just two, eliminating the possibility of a draw.

How to Place an Asian Handicap Bet?

Navigate to the Asian Handicap section on our website, select the match, and place your bet according to the adjusted handicap.

Benefits and Downsides

• Pros:
• Removes the draw outcome, making your chances of winning higher
• Better odds compared to simpler bets
• Cons:
• Can be complicated for newcomers
• Requires detailed understanding of the teams

Real-Life Application

If you place an Asian Handicap bet on Barcelona at -1.5 against Espanyol, Barcelona must win by 2 or more goals for you to win the bet.

Draw No Bet

What is a Draw No Bet?

In a Draw No Bet, you simply bet on which team will win. If the match ends in a draw, your stake is refunded.

How to Place a Draw No Bet?

Navigate to the Draw No Bet section on a specific match on our site and place your wager.

Benefits and Downsides

• Pros:
• Reduced risk since you get your stake back in case of a draw
• Simple to understand and place
• Cons:
• Lower odds, hence smaller potential win
• Limited opportunities if the match is expected to be evenly balanced

Real-Life Application

If you bet on Juventus to win with a Draw No Bet and the match ends in a draw, your stake is refunded.

Accumulator Bet

What is an Accumulator Bet?

An Accumulator Bet, also known as an Acca, involves combining multiple selections into a single bet. To win, all selections in the accumulator must be correct.

How to Place an Accumulator Bet?

Navigate to the Accumulator section, select multiple matches, and place your combined bet.

Benefits and Downsides

• Pros:
• Potential for high payouts due to compounded odds
• Adds excitement across multiple matches
• Cons:
• Extremely high risk as all selections must be correct
• One incorrect selection means the entire accumulator loses

Real-Life Application

If you bet on five separate matches and all predictions are correct, you reap a significant win on your accumulator bet.

Outright Bets

What is an Outright Bet?

An Outright Bet involves predicting the overall outcome of a tournament or league, rather than a single match.

How to Place an Outright Bet?

Navigate to the league or tournament section on MyBookie, select the outright market, and place your bet.

Benefits and Downsides

• Pros:
• Adds long-term excitement to the entire season or tournament
• Potential for high rewards
• Cons:
• Takes time to settle the bet, often lasting the entire season
• Requires a long-term commitment and patience

Real-Life Application

If you predict that Bayern Munich will win the Bundesliga and they do, you win your outright bet.

Special Bets

What is a Special Bet?

Special Bets, or novelty bets, involve wagering on unique, non-standard outcomes, like which manager will be sacked next or how many yellow cards will be issued in a match.

How to Place a Special Bet?

Navigate to the Special Bets section on our site, select your unique market, and place your bet.

Benefits and Downsides

• Pros:
• Highly entertaining and engaging
• Offers diverse betting opportunities
• Cons:
• Typically low predictability
• Can be impulsive and risky

Real-Life Application

If you bet on the number of corner kicks in a match and your prediction is correct, you win your special bet.

In-Play/Live Betting

What is In-Play Betting?

In-Play or Live Betting allows you to place bets while the match is ongoing. Odds fluctuate based on the match’s dynamics.

How to Place an In-Play Bet?

Navigate to the In-Play section on MyBookie, select the live match, and place your bets based on live odds.

Benefits and Downsides

• Pros:
• Adds real-time excitement and engagement
• Opportunity to capitalize on fluctuating odds
• Cons:
• Requires quick decision-making
• Higher risk due to the fast nature of live betting

Real-Life Application

If you bet on a team to score the next goal while watching the game live, and they do, you win your in-play bet.

Proposition Bets (Props)

What is a Proposition Bet?

Proposition Bets, or Props, are side bets on specific events within a match, such as the number of yellow cards, player performance, or even the time of the first goal.

How to Place a Proposition Bet?

Navigate to the Props section on a specific match, select your preferred side market, and place your bet.

Benefits and Downsides

• Pros:
• Offers a variety of interesting betting angles
• Engages different aspects of a match beyond just the score
• Cons:
• Often very niche and unpredictable
• Requires a deep understanding of specific elements of the game

Real-Life Application

If you bet on a player to receive a red card within 90 minutes, and it happens, you win your bet.