The Double Chance market is one that I am a fan of, and one that I will include in myRead More
The Builder has rapidly become the most popular feature of my pages since it started in 2019. Every week nowRead More
It can be quite difficult for a new gambler to understand how betting odds are calculated and what they actuallyRead More
Some bookies offer a market called ‘Asian Handicap’. I often use this market for my bets, particularly challenge bets andRead More
Often the language of betting can be quite confusing. It’s the sheer volume of markets and methods of betting that can get punters’ head in a pickle and this page will try drill down into the array of betting definitions and terms that exist in the industry.
An accumulator consists of more than just one single selection, it’s multiple bets that gradually up your odds the more you add, an accumulation of bets if you will. Naturally the percentage chance of you winning decreases the more legs you have in your accumulator but it allows punters to garner more attractive odds for a potentially bigger payout should it be successful.
You’ll hear the terms ‘doubles’ (2 bets), ‘trebles’ (3 bets), ‘4-fold’ (4 bets) etc and you can go up to 20 selections in some cases depending on odds and bookmaker.
You can find all my latest football accumulator tips in the My Bets section of this website.
When a bet is ‘on the drift’ it simply means that the odds are increasing as the market is either going against them, going for the opposition, or a bit of both.
When a bet is seeing a lot of market support and consequently shortening in price. The opposite to a drift.
Asian Handicap Betting
As can be deciphered from it’s name, the concept of asian handicaps originated in East Asia where sharp bettors wanted the potential to get more onside rather than just being able to pick a team to win or lose. The draw is eliminated as an outright option but there are insurances if a game ends as a draw depending on which asian handicap line you take.
If you go on an asian handicap coupon and see Chelsea -0.5 against Arsenal +0.5 this means that you can back Chelsea to win (-0.5) or Arsenal to win OR draw (+0.5).
If it’s quoted as Chelsea +0 vs Arsenal +0 then if you back Chelsea you will need them to win for a payout but if it ends as a draw then you will get your money back.
If it’s listed as Chelsea (-0.25) vs Arsenal (+0.25) and you back Chelsea, then half of your stake goes on (-0.5) and the other half on (+0). In this case you’d win your bet if Chelsea won but only lose half of your stake if the match ended in a draw.
There are a few ways of betting, one being through the more traditional ‘Soft Books’ but you can also bet on the exchange which allows bettors to put their own money where their mouth is and effectively go up against each other when there’s a difference of opinion.
You can offer a price and should you get matched then your bet is on. The same goes the other way round where in you can put up a bet and see if you can get matched at your desired price.
Backing a team on the exchange means betting on something TO happen.
Laying a team on the exchange means you’re betting on something NOT to happen.
An Ante-Post bet in football terms tends to refer to a selection placed on a season-long basis. Often you have to wait around 9 months to see if it will win or not. An example would be backing Manchester United to win the Champions League at 14/1. Should they do well and keep progressing then the odds will naturally contract and you could be looking at a great value 14/1 shot
Back to Lay
Following on from Ante-Post, many punters opt to bet on a team as a ‘back to lay’ option. This tends to be done on betting exchanges rather than sportsbooks. It usually involves backing a big priced selection that you expect to go further in a competition than the ante-post odds suggest but maybe not one you’d be fully confident of going all the way.
For example, if you took Sevilla to win the Champions League at 80/1 and they progressed to the quarter finals then their odds will have likely shortened, let’s say to 16/1, and then you can lay them on the exchange and guarantee yourself some profit.
When you hear that a bet is ‘even-money’ or ‘evens’ it means the odds are 1/1 or 2.00 if you’re betting in decimals. It simply means if your bet wins at evens then you’ll double your money.
The term ‘Dutching’ means you place multiple bets on the same event but crucially ensure the eventual profit (should it win) is the same on each pick. There are various dutching calculators online where you can see what percentage of your overall stake has to go on each pick.
This means you’re backing a team to win OR draw the match.
Draw No Bet
Backing a team draw no bet basically means you will profit if your selection wins, but if the game ends in a draw then it’s effectively a no bet. Your stake will be returned if it ends all square. It’s the same bet as +0 asian handicap.
You’ll tend to hear the term ‘Each-Way’ when it comes to the aforementioned ‘ante-post’ bets, but it can also be the case in first goalscorer picks. It consists of two equal wagers, one backing your selection to win outright and the other on the selection to ‘place’. The amount of places differs depending on bookmakers and competitions and you’ll get some return at reduced odds if your play places but doesn’t win.
Prop markets are becoming more and more popular in the industry. These consist of bets on player stats (shots, tackles, passes etc). Most bookmakers offer these on the big games.
This means the price a bet goes off at just before it’s about to go live. This according to the market is the most efficient price as there’s the highest amount of liquidity in the market. ‘Closing Line Value’ refers to the difference in price between the latest price and the price you placed your bet on at.
A scorecast consists of a player to score first and a correct score, usually these are sizeable odds.
A coupon is simply a list of games in a specific market. These can range from over/under goals, both teams to score, full time result and more.