What is a football bet? Types of football betting
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A football bet is a familiar but somewhat abstract term for those who engage in online football betting, especially for newcomers. To better understand football bets and the types of betting in football, let's explore them in this article with the top experts from Wintips.
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I. What is a football bet?
A football bet is a term used to refer to placing a bet on one of the two teams competing against each other in a match. It plays a significant role in determining the outcome of the participants' win or loss.
Each bookmaker offers different betting odds for players to choose from. In general, football betting can be quite complex, represented by various numbers that inexperienced players may find difficult to fully understand.
The emergence of football bets adds excitement for fans of this king sport. Many people turn to bookmakers to place bets to satisfy their entertainment needs or to make additional money after each match.
The football betting odds are understood as the difference between the two teams, referred to as the favorite team and the underdog team. The stronger team is placed as the favorite, while the weaker team is placed as the underdog. In each match, the favorite team will give a certain handicap to the underdog team, and this is called the betting odds.
II. Types of football betting
Asian Handicap betting
Asian Handicap (or commonly known as Handicap) is a popular type of bet and the most participated in by football bettors in Vietnam. This type of bet helps players understand which team is weaker or stronger in online football betting.
In the Asian Handicap odds table, the stronger team is written in red, while the weaker team is written in black. Asian Handicap odds do not include a draw option; there are only upper and lower options. Therefore, participants can only choose the team with the handicap and the team without the handicap. In cases where two teams are evenly matched, the home team will be placed as the favorite.
Asian Handicap football betting odds always ensure fairness for players to choose, as every match involves weaker and stronger teams. To ensure fairness, the stronger team will give a handicap to the weaker team according to the odds provided by the bookmaker.
Level ball (Draw No Bet):
No team is given any handicap, so if the match ends in a draw, regardless of whether it is 0-0, 1-1, 3-3, or 5-5, the player will have their bet refunded to their account regardless of the team they bet on. However, if you choose the winning team, you will receive the winnings based on the bookmaker's odds.
Half ball (1/4) level ball:
The stronger team gives a handicap of 1/4 to the weaker team. Note that the bookmaker does not explicitly write the 1/4 handicap in the odds but uses different symbols, such as 0.0 - 0.5 for the upper team and 0.0, +0.5 for the underdog team. In the case of a draw, choosing the upper team loses half of the bet, while choosing the underdog team wins half of the bet. If either team wins, the bettor who chose the winning team will win the full bet according to the given odds.
This handicap ratio means that the upper team gives a 0.5 goal advantage to the lower team. If the match ends in a draw, the player who chose the upper team loses the bet, while the player who chose the lower team wins. If the upper team wins, the player who chose the upper team wins the corresponding betting odds, and vice versa if the lower team wins, the player who chose the lower team wins the entire bet.
Handicap 0.75 or 3/4:
In this handicap, the upper team gives a 0.75 goal advantage to the lower team. It means that if the upper team wins by a 1-goal margin, the player receives half of the winning bet. If the upper team wins by a margin of 2 goals or more, the player wins the full bet according to the provided odds. If the lower team loses by a 1-goal margin, the player who chose the lower team loses the bet.
The upper team gives a 1-goal advantage to the lower team. If the upper team wins by a 1-goal margin, the player does not lose any money. If the upper team wins by a margin of 2 goals or more, the player who chose the upper team wins the bet according to the provided odds.
The European Handicap is considered the simplest and has the highest winning odds compared to other types of handicaps. It is represented by the notation 1×2, where:
1 is for betting on the home team to win,
x represents a draw,
2 is for betting on the away team to win.
FT stands for full-time result, while 1H is for the first half result.
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The Over/Under bet, also known as Total Goals, is based on the total number of goals scored by both teams at the end of the match. When placing an Over/Under bet, the player doesn't need to worry about which team wins or loses, but rather focuses on the total number of goals scored in the match. Choosing Over means betting that the total number of goals will be higher than the predicted number provided by the bookmaker, while choosing Under means betting that the total number of goals will be lower than the bookmaker's prediction. If the final score matches the bookmaker's prediction, the player gets a refund.
Booking (Cards) Bet:
The Booking Bet is related to the total number of yellow and red cards shown in a match. It can be divided into different types of card betting, such as:
Total Yellow Cards: Whether the total number of yellow cards from both teams will be higher or lower than the bookmaker's given number.
Handicap Yellow Cards: Which team will receive more yellow cards, the home team or the away team.
Red Card Bet: Which team will receive a red card? How many red cards will be shown in the match?
Cards Corners: Whether any team will receive 3 yellow cards in a match or not.
This type of bet only occurs in Cup matches or matches where the winner needs to be determined to progress without relying on points for comparison. This bet only comes into play after 90 minutes or 120 minutes in knockout matches up to the final of the tournament.
Over/Under Penalty: Do both teams need to take all five penalty kicks to determine the winning team?
The total number of successful or failed penalty kicks is odd or even.
The Goal Bet is the most diverse and advantageous bet for bookmakers because it offers a wide range of options, making it challenging for players to choose their bets. For example:
Will there be goals in the first and second half? How many goals?
Which team will score the first goal?
Who will score the last goal?
Which team will score two goals the earliest?
And many other variations...
There are also other types of soccer bets such as player goal bets, corner kick bets, correct score bets, clean sheet bets, substitution bets, foul bets, offside bets, shots on target bets, own goal bets, come-from-behind victory bets, and more, providing players with a wide range of choices.
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Above, we have introduced various types of soccer betting and the meanings of each type, so that players can have a clear understanding of their betting options. You can also refer to soccer betting tips to increase your chances of winning. Wishing you enjoyable betting experiences!