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TIPS & ANALYSIS

Soccer Betting: Terminology

James
20 Jun 2023
Soccer Betting: Terminology

Accumulator: An accumulator bet combines multiple bet selections in a single betting slip. To win the bet, all the selections within the accumulator must be correct. The potential winnings are determined by multiplying the odds of individual bet selections. Accumulators are popular because they offer the chance for higher payouts compared to single bets, but they are also riskier due to the need for all selections to be successful.

Banker: A banker is a selection in a multiple bet that is considered highly likely to win. It is often the strongest or most confident pick in a bettor’s selection. Including a banker in an accumulator can increase the chances of winning, but it also reduces the potential payout since the odds for the banker selection are typically lower.

Bet: A bet refers to the act of placing money or another valuable consideration on the outcome of a sporting event or any other occurrence with uncertain results. It involves predicting the outcome and staking money on that prediction.

Bet Slip: A bet slip is a physical or digital form used by bettors to write down or select the details of their desired bets. It typically includes fields for specifying the type of bet, the selections, the stake amount, and other relevant information. The bet slip is used to communicate the bet details to the bookmaker or betting operator.

Bet Calculator: A bet calculator is a tool or software that helps bettors calculate the potential returns and profits from their bets. It takes into account the stake amount, odds, and type of bet to provide an estimate of the potential payout. Bet calculators can be especially useful when dealing with complex bets such as accumulators or system bets.

Betting Market: A betting market refers to a specific type of bet that can be placed on a particular event or sport. It represents the different possibilities or outcomes that bettors can wager on. Examples of betting markets include match winner, over/under goals, first goal scorer, and many more.

Betting Odds: Betting odds represent the probability or likelihood of a specific outcome occurring in a sporting event. They are typically presented in different formats, such as decimal, fractional, or moneyline. The odds also determine the potential payout a bettor can receive if their selection is correct. Lower odds indicate a higher probability of the outcome, while higher odds suggest a lower probability.

Betting Limits: Betting limits refer to the minimum and maximum amounts that can be wagered on a specific bet or within a particular time-frame. Bookmakers impose these limits to manage their risk and ensure they can cover potential payouts. Betting limits can vary depending on the betting operator, the type of bet, and the specific market.

Bookmakers: Bookmakers, also known as bookies or betting operators, are individuals or companies that accept and manage bets from bettors. They set the odds, determine the available betting markets, and handle the payouts. Bookmakers make a profit by ensuring that the total amount of money wagered on a particular outcome is lower than the potential payouts.

Booking Points: Booking points are a way to track the number of yellow and red cards awarded during a match. Each card carries a specific point value (e.g., yellow card = 10 points, red card = 25 points), and these points are added up to determine the total booking points. Betting on booking points allows bettors to predict the intensity or discipline of a match.

Both Teams to Score: Both Teams to Score (BTTS) is a betting market where the bettor predicts whether both teams participating in a match will score at least one goal each. It doesn’t matter how many goals each team scores; the only requirement is that both teams find the back of the net.

Both Teams to Score & Win: This is a combination bet where the bettor predicts that both teams will score in a match and also predicts the winner of the match. For the bet to be successful, both teams must score, and the selected team must also win the match.

Correct Score Betting: Correct score betting involves predicting the exact final score of a match. It requires bettors to accurately guess the scoreline, including both the number of goals scored by each team. Correct score bets often offer high odds due to their difficulty, but they can also be challenging to predict correctly.

Corners Match Bet: Corners match bet is a betting market where the bettor predicts which team will have more corners during a match. Corners are awarded when the ball goes out of play over the goal line, with the last touch coming from a defending player.

Cash Out: Cash out is a feature offered by some bookmakers that allows bettors to settle their bets before the completion of the event. It provides an opportunity to secure a portion of the potential winnings or minimize losses if the bet is not going as expected. The cash-out amount is determined by the current odds and the original stake.

Clean Sheet: Clean sheet refers to a situation in which a team does not concede any goals during a match. Betting on a clean sheet means predicting that a specific team will prevent their opponents from scoring.

Double: In the context of betting, a double is a type of multiple bet that involves two selections. To win a double bet, both selections must be correct. The winnings from the first selection are automatically placed as the stake on the second selection.

Draw No Bet: Draw No Bet (DNB) is a betting market where the stake is returned to the bettor if the match ends in a draw. It eliminates the possibility of losing the bet in case of a draw, and the bettor only loses if the selected team loses the match.

Double Chance: Double chance is a betting market that allows bettors to cover two of the three possible outcomes of a match (win, draw, or loss) in a single bet. The bettor can choose two options, and if either of them occurs, the bet is a winner. However, the odds for double chance bets are typically lower than for standard match winner bets.

European Handicap: European handicap, also known as three-way handicap, is a betting market that provides a handicap advantage or disadvantage to a team in order to even out the odds. It is similar to Asian handicaps but includes the possibility of a draw. The handicap is applied to the final score, and the outcome of the bet is determined after adjusting for the handicap.

First Corner: First corner is a betting market where the bettor predicts which team will be awarded the first corner in a match. The corner is typically awarded when the ball goes out of play over the goal line, with the last touch coming from a defending player.

First Half Bet: A first-half bet is a wager placed on the outcome of only the first half of a match. It can involve various types of bets, such as the first-half result, first-half goals, or specific events occurring within the first half.

Fold: A fold represents the number of selections in an accumulator or multiple bet. For example, a five-fold accumulator consists of five selections. To win the bet, all the selections within the fold must be correct.

Full: In the context of betting, “full” refers to a bet that includes all possible combinations of selections in a system bet. For example, a full cover bet would include all possible combinations of doubles, trebles, and accumulators for a given set of selections.

Goalscorer: A goalscorer is a player who scores a goal in a match. Betting on a goalscorer involves predicting which player will score a goal or goals during a match.

Goliath: Goliath is a type of multiple bet that consists of 247 individual bets across eight selections – including 28 double bets, 56 trebles, 70 four-fold accumulators, 56 five-fold accumulators, 28 six-fold accumulators, 8 seven-fold accumulators and one 8-fold accumulator. Goliath bets are large and complex, offering the potential for significant winnings if all selections are correct.

Half Time Result: The half time result refers to the outcome of a match at halftime. Bettors can place wagers on the team they believe will be leading or if the match will be a draw at halftime.

Half Time Full Time: Half time full time is a betting market where the bettor predicts both the halftime result and the full-time result of a match. It requires accurately predicting the outcome at both halftime and the end of the match.

Half Time Score: The half time score refers to the number of goals each team has scored at halftime. Bettors can place wagers on specific scorelines or the total number of goals scored in the first half.

Half With Most Goals: This betting market involves predicting which half of a match will have the most goals scored. Bettors can choose the first half, second half, or predict that both halves will have an equal number of goals.

Heinz: Heinz is a multiple bet that is consistent of 57 individual betting slips across six bet selections. It includes 15 doubles, 20 trebles, 15 four-fold accumulators, 6 five-fold accumulators, and 1 six-fold accumulator. Heinz bets offer a wide range of potential winning outcomes, but they require at least two selections to be correct to have a chance of winning.

Live Betting: Live betting, also known as in-play betting, allows bettors to place wagers on a sporting event while it is in progress. It provides the opportunity to bet on various outcomes and markets as the match unfolds, taking into account the current situation and odds.

Live Streaming: Live streaming refers to the broadcasting of a sporting event in real-time over the internet. Some betting operators provide live streaming services, allowing bettors to watch the event directly on their platforms while placing bets.

Lucky 15: Lucky 15 is a type of full cover bet that consists of 15 individual bets across four selections. It includes 4 singles, 6 doubles, 4 trebles, and 1 four-fold accumulator. The “lucky” aspect comes from the added bonuses or consolation prizes offered by some bookmakers for achieving a certain number of correct selections.

Lucky 31: Lucky 31 is a type of full cover bet that consists of 31 individual bets across five selections. It includes 5 singles, 10 doubles, 10 trebles, 5 four-fold accumulators, and 1 five-fold accumulator. Similar to Lucky 15, it offers bonuses or consolation prizes for achieving a specific number of correct selections.

Lucky 63: Lucky 63 is a type of full cover bet that consists of 63 individual bets across six selections. It includes 6 singles, 15 doubles, 20 trebles, 15 four-fold accumulators, 6 five-fold accumulators, and 1 six-fold accumulator. Like other “lucky” bets, it offers additional bonuses or consolation prizes for achieving certain numbers of correct selections.

Odds: Betting odds represent the probability or likelihood of a specific outcome occurring in a sporting event. They are typically presented in different formats, such as decimal, fractional, or moneyline. The odds also determine the potential payout a bettor can receive if their selection is correct. Lower odds indicate a higher probability of the outcome, while higher odds suggest a lower probability.

Over/Under: Over/Under is a betting market where the bettor predicts whether the total number of goals, points, or another relevant metric in a match will be higher or lower than a specified number set by the bookmaker.

Own Goal: An own goal occurs when a player inadvertently scores a goal against their own team. It is credited to the opposing team and can have implications for various betting markets, such as first goalscorer or correct score.

Parlay: A parlay, also known as an accumulator or combo bet, is a single bet that combines multiple selections. To win a parlay, all selections must be correct. Parlays offer the potential for higher payouts but are riskier due to the requirement of getting every selection right.

Payout: Payout refers to the amount of money a bettor receives if their bet is successful. It is the total return, including the original stake and any winnings.

Permutations: In the context of betting, permutations refer to the different combinations of selections in a multiple bet. It calculates the total number of individual bets required for a specific set of selections. Permutations can be used to increase the chances of winning but also increase the overall stake.

Price: Price refers to the odds or the specific betting odds offered by a bookmaker for a particular selection or outcome. It represents the amount a bettor can potentially win based on their stake.

Return: Return refers to the total amount of money a bettor receives if their bet is successful. It includes the original stake and any winnings.

Scorecast: Scorecast is a type of bet that involves predicting both the first goalscorer and the correct score of a match. The bettor must correctly guess the player who scores the first goal and the exact final score.

Stake: Stake refers to the amount of money or value that a bettor risks or invests in a bet. It represents the wagered amount, which is multiplied by the odds to determine potential winnings.

Super Heinz: Super Heinz is a type of multiple bet that consists of 120 individual bets across seven selections. It includes 21 doubles, 35 trebles, 35 four-fold accumulators, 21 five-fold accumulators, 7 six-fold accumulators, and 1 seven-fold accumulator. Super Heinz bets offer a wide range of potential winning outcomes, but at least two selections must be correct to have a chance of winning.

Special Bets: Special bets refer to unique or customized betting markets offered by bookmakers. They can include various novelty bets, player-specific bets, or specific occurrences within a match that are not typically found in standard betting markets.

System Bets: System bets are a type of multiple bet that involves placing multiple bets on a selected number of selections. System bets offer more flexibility compared to accumulators, as they allow bettors to win even if not all selections are correct. The specific rules and outcomes vary depending on the system type chosen.

Timecast Betting: Timecast betting involves predicting both the first goalscorer of a match and the time at which the goal is scored. It requires accurately guessing both the player and the specific minute or range of minutes in which the goal occurs.

To Win To Nil: To win to nil is a betting market where the bettor predicts that a specific team will win the match while preventing their opponents from scoring any goals.

To Score In Both Halves: To score in both halves is a betting market where the bettor predicts that a specific team will score at least one goal in each half of the match.

Tips: In the context of betting, tips refer to predictions or recommendations provided by experts or experienced bettors. These tips can be related to specific matches, outcomes, or strategies to help bettors make informed decisions.

To Win Either Half: To win either half is a betting market where the bettor predicts that a specific team will win at least one of the two halves of the match. The overall result of the match is not relevant for this bet.

To Win Both Halves: To win both halves is a betting market where the bettor predicts that a specific team will win both the first and second halves of the match.

To Win From Behind: To win from behind is a betting market where the bettor predicts that a specific team will come from behind and win the match. It requires the selected team to be losing at some point during the match but ultimately emerge as the winner.

Treble: A treble is a type of multiple bet that involves three selections. To win a treble, all three selections must be correct. The winnings from the first selection are automatically placed as the stake on the second selection, and the winnings from the second selection are then placed on the third selection.

Value Bet: A value bet is a bet where the bettor believes the odds offered by the bookmaker are higher than the actual probability of the outcome occurring. It implies that the selection is undervalued, providing an opportunity for potentially profitable bets in the long run.

Virtual Sports: Virtual sports refer to computer-generated simulations of sporting events that allow bettors to place wagers on virtual matches or races. They are designed to mimic the characteristics and rules of real sports events and provide an alternative betting option when there are no live events available.

Wincast Betting: Wincast betting involves predicting both the goalscorer of a match and the team that will win the match. The bettor must correctly guess the player who scores and the winning team.

Winning Margin: Winning margin is a bet based on the exact difference in goals between the winning team and the losing team. It requires accurately guessing the specific margin by which the winning team will win the match.

Yankee: Yankee is a type of multiple bet that consists of 11 individual bets across four selections. It includes 6 doubles, 4 trebles, and 1 four-fold accumulator. Yankee bets offer a good balance between risk and potential winnings, as at least two selections must be correct to have a chance of winning.

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