Betting on football is huge in England; whether you are just going to chuck a couple of quid on for a small return or you going to go big on a huge accumulator. Here is an explanation of the terms and types of bets needed to be successful.
1X2 betting, also known as 3-way betting, refers backing either a home win, a draw or an away win. This bet is finalised once the full-time whistle is blown.
An Asian Handicap is a form of football betting, first introduced in Asia (hence the name). The word "Handicap" means that one team receives effectively a head start in the game and therefore leading the game by a differing amount or amounts before the game starts. They have been brought into betting to eliminate the possibility of an event ending up in a draw in the betting side of things (not on the actual pitch of course!), leaving only 2 options, a win or a loss.
Over/Under betting, also known as totals bet, gives a combined score of both teams and therefore to win the bet, you have to correctly predict the score of both teams combined. At oddsmakers, they will set a total score and you can bet whether the final score line will be over or under it. You can also use over/under bets on how many yellow/red cards, corners and many other in-game statistics offered during a game. This is a great way to build a bet and have great odds, especially if you do a small amount of research into a team, you can find their average corners per game or average yellow cards per game etc and so fantastic if you are already familiar with a team. On the same lines, if you are confident that the match will be cagey then you can go under on these statistics; if you are expecting a fast-flowing game of football between two attacking sides, then you are more likely to go over.
Double chance odds are quite similar to 1X2 betting, however, in this it offers the chance to bet on either the home side winning/drawing or the away side winning/drawing. This is a great way to begin in betting as it covers lots of ground and is great when you are looking to bet on a match predicted to be tight.
A Draw No Bet is a way where you can bet on a team winning knowing that you will get your stake back if the game ends as a draw instead. However, there is a catch, the odds on this bet will be lower than a normal 1X2 bet. An example of this would be- Leeds play against Leicester City in the Premier League. Leeds could be 7/5 to win the game and Leicester could be 7/4 to win the game With Draw No Bet on, the odds of Leeds win could be dropped to 8/11 and a Leicester City win could fall to 1/1. This type of bet is probably better to go for when you are putting on a higher amount of money, therefore, you will have a lower chance of losing your stake altogether.
A both teams to score bet is pretty self-explanatory, you can bet on both teams to score and get fairly good odds. This wager has been around for many years; however, it has only recently come into popularity, mainly because the online market is more accessible. This would be a highly recommended when betting on a game with either two teams with extremely poor defences or if there are two teams with very potent attacks.
A half time/full time bet is where you bet on the result at half time and also the full-time result. Keep in mind that the second part of the bet is the full-time bet, not only the goals scored in the second half. Both of the predictions have to be correct to win your bet. For example, if a game between Brazil and Italy is 1-1 at half time but ends 3-1 in favour of Brazil, the correct result would be Draw/Brazil. If Brazil had led 3-0 at half time and the game ends 3-1, the correct result would be Brazil/Brazil.