Football Betting Terms Explained
Full-time result: Often known as 1×2 betting, you bet on the outcome of either the home team to win, a draw, or the away team to win. This only relates to the score after the standard 90 minutes and does not include extra time and penalties.
This section is dedicated to betting terminology you would only hear, or at least mostly hear in reference to betting on horse racing. This can be a wholly entertaining section with much slang which we will include and try to explain best. Ante-Post Betting. Ante-Post generally means placing bets more than 24 hours before an event is due to begin. Betting terms explained: Accumulators, each-way & other football odds terminology. One of the most popular football bets is an accumulator, also known as an 'acca', which combines bets from. Dec 26, 2019 If you were betting on the Patriots and their 3/1 odds, you would win $3 for every $1 you spend. So if you bet $50 on the Pats and they ended up winning the Super Bowl, you’d win $150 (plus your. With new betting terms coming out of the online betting cuisine almost every day, even the most experienced punters have problems understanding the latest terminology, so you can only imagine how a player new to the online betting world feels when he first comes across such words as outright bet, system bets or forecast. Understanding the.
Asian Handicap: Asian Handicap betting is where each team is given a handicap, for or against, and you then place the bet with these handicaps in place.
Example Bet:Team A has a -2.5 Asian Handicap and you bet on them to win, you will only win the bet if Team A wins by 3 goals or more. If they draw, lose or only win with 2 goals or less then the bet is lost.
3-way Handicap: In European or 3-way Handicap betting, one team is given a virtual lead and you then make a bet based on that handicap. You can bet on the teams to win or draw.
Example: Team A is given a 2-0 handicap, so this means that a bet on team A will win if they either win or draw, a bet on the draw will win if team B wins with exactly 2 goals difference. Lastly, betting on Team B to win will come in if they win with by 3 goals.
Over/Under Betting: Sometimes this is abbreviated as O/U betting and it’s a case of determining whether a certain event will occur over or under a specific number of times. Over/under goals is a common bet, however, you can also bet on how many corners, cards, how many goals each team will score, plus many other options during the game.
Both Teams To Score: Also known as BTTS, this is a simple bet but very common throughout the sportsbook world. Simple bet yes or no if you think both teams will score within 90 minutes.
Half-Time/Full-Time Betting: You bet on both half-time and full-time results. You should note that the full-time part of the bet is for the full 90 minutes and not just the goals scored in the second half. Both predictions need to be correct for you to win the bet.
Example: If a game between Japan and the USA is 2-2 at half time but ends 3-2 in favor of the USA, the correct result would be Draw/USA.
If the USA had led 2-0 at half time and then the game ends at 4-1, the correct result would be USA/USA.
Double Chance Betting: Here you can bet on two possible outcomes of a game to give you more chances of winning. So you can bet on Home team win and the draw, if either result comes in then you win the bet. You can bet on Home/Draw, Home/Away, Draw/Away
Outright Betting: A bet is placed on the outright result of the tournament instead of a single game. Common outright bets are made in the World Cup and other Cup tournaments before they are started. You can also make outright bets throughout the tournament but the odds will be significantly less.
Scorecast: This is a bet that combines the actual score of the game along with the first, last, or anytime scorer. If your selected scorer does not start the game then your bet will be refunded.
Wincast: A combination bet where you bet on who will score anytime, first, or last along with who will win the game or draw. Both sides of the bet need to come in for you to win. However, if your selected scorer does not start the game then your bet will be refunded.
Easily the most popular type of betting for NFL football is “spread” betting or more commonly known as betting against the spread. Bettors who are new to NFL betting or betting in general may be a little confused with NFL spread betting, but it is pretty easy to understand once it is explained to you. We will explain what betting against the spread means below.
What is Betting Against The Spread?
For each NFL game the oddsmakers set a number of points in which the favored team is favored by. Bettors can then either choose for the favored team to win by more than the number of points set, or bet on the underdogs to lose by less than the number of points they are underdogs by or win the game straight up. For example, the spread could be set on the favored team at 6.5 points. This would mean in order for a bet on the favored team on the spread to win they would need to win by more than 6.5 points (7 or more) in order to win the bet. It also means that a bet on the underdog team would win if the underdogs lost by less than 6.5 points (6 or less) or won the game outright.
Example of NFL Spread Bet
Below is an example of what NFL spread betting would look like:
Matchup
- TeamsSpread
- Dallas Cowboys -2.5
- New York Giants +2-5
The negative (-) sign indicates that the Cowboys are the favorites, while the positive (+) sign indicates that the New York Giants are the underdogs. With the spread set at 2.5 points, a bet on the Cowboys would mean that they would have to win by more than 2.5 points (3 or more) in order for you to win that bet. A bet on New York would mean that the Giants would have to either lose by 2.5 or less points (2 or less) or win the game outright in order for your bet to win.
Here is another example with a screenshot taken from 5Dimes.eu during Week 3 of the 2013 NFL season:
Here you can see that the Rams are +3.5, while the Cowboys are -3.5. So for this example the Cowboys are 3.5 point favorites, while the Rams are underdogs of 3.5 points. If you were to bet on St Louis you would need them to lose by 3 or fewer points or just win the game outright. If you were to bet on Dallas you would need the Cowboys to win by 4 or more points.
If the Cowboys were to win by 3 points, lets say 30-27, any bets on the Rams +3.5 would win. Even though the Rams didn’t win the game they covered the spread of 3.5 points.
Now if the Cowboys were to win by 4 points, lets say 31-27, the Cowboys have covered the spread and anyone who wagered on Dallas would win their bets.
Other NFL Spread Betting Information
You may often notice that the spread is sometimes set at an even number such as 3, 6 , 10, etc. In this case if the favored team won by the exact amount set for the spread the bet would be pushed, and all bets would be returned. For example, if the Patriots were 3 point favorites and they won by a FG (3 points) than this would results in a push, meaning no matter which side you bet on you would get your money returned to you.
Football Betting Terms Explained
The most common NFL spreads are usually set between about 2.5-10.5 points, but you will also almost always have games each week with spreads lower than 2.5 and higher than 10.5. In the event that the oddsmakers feel the game doesn’t need a spread, it would be set at 0 or what some call a pick’em (both teams are given even odds to win for this type of bet).
The odds given on the spread are usually -110 unless otherwise noted. It is not uncommon to see one side of the spread being -105, with the other side being -115. If you don’t see any odds listed for each side of NFL spreads you are supposed to assume the odds are -110 on each. Not sure how to read NFL betting odds? Check out our Sports Betting Odds guide.
Football Betting Terms And Definitions
Now that you know the basics of NFL spread betting you’ll want to check out our Sports Betting Strategy guide which has some great NFL strategy articles written by a professional bettor.