Chapter two

Types of Betting

There are a number of different ways that you can bet on a soccer match. In this chapter, we are going to look at the most popular methods so that when terrific betting opportunities present themselves you are able to take advantage of them to grow your bankroll.

Betting Type #1 – 3-Way Betting (1X2)

With 3-Way betting you bet on the outcome of a match. You can bet on a team to win, lose or draw in soccer.

So if you bet on Team A to win and they do win the match, you win your bet. Likewise, if you bet on Team A to lose or draw and they do, you also win the match.

This is probably the most traditional form of betting. It is very straightforward.

Betting Type #2 – Over/Under Betting

This type of betting is gaining in popularity around the world. The most common form of this type of betting involves the final score of a match.

In this case, the bookmaker will offer odds for different scoring outcomes. For example, if you think the match will end with over 2.5 goals the bookmaker might offer 1.89 odds for that occurring. If you think the score will be under 2.5 goals, the odds may be 1.70.

Here is another example of what would occur if you are betting for the score to be over 2.5 goals:

• 0 goals scored = LOSS
• 1 goals scored = LOSS
• 2 goals scored = LOSS
• 3+ goals scored = WIN

If you were to bet on whether the score would be under or over 2 goals then the draw would become a possible outcome. With a reimbursed bet if you bet on the final score being over 2 goals and only two goals were scored then your bet would be reimbursed, or returned, to you.

Here are possible outcomes with an over 2 goals bet:

• 0 goals scored = LOSS
• 1 goals scored = LOSS
• 2 goals scored = DRAW
• 3+ goals scored = WIN

Betting Type #3 – Both Teams to Score Yes/No

This bet is gaining in popularity around the world. Basically, this bet is exactly as it sounds – you either bet that both teams will score in a match or you bet that both teams will not score in the match.

This type of bet is generally considered to be a 50/50 bet meaning odds are pretty much equal for both outcomes. Odds are often 10/11 for both yes and no. If a match involves two attack minded teams the odds for yes may go to somewhere around 4/6.

Betting Type #4 – Asian Handicap Betting

Asian Handicap bets are placed on either the favorite team to overcome a handicap or the opposing team receiving a handicap on top of their actual score.

Here is an example: Team A is favored to Beat Team B so Team B is given a +1 goal handicap. This means you can bet Team B +1 AH and if they either win the match or draw, you will win your bet. If Team B loses by one goal your stake is returned. If Team B loses by 2 or more goals then you lose your bet.

On the other hand you can also bet on Team A to beat the handicap. If you place a Team A -1 AH bet and Team A wins the match by 2 or more goals, you win the bet. If they win by 1 goal your stake is returned. If they draw or lose you lose your bet.

Betting Type #5 – Multibet Betting

We discussed the riskiness involved with using a multibet approach earlier in this guide but for those rare instances where you feel good about several matches you may want to use this bet.

There are several types of multibets, in the most common type is made up of at least two matches and your match predictions must all be right for you to win the bet.

Let’s give an example of how it works. In this example you bet on three matches:

• Real Madrid vs Barcelona, Over 2.5 goals to be scored, Odds 2
• Manchester United vs Arsenal, Under 2.5 goals to be scored, Odds 1.88
• Chelsea vs Leeds, Chelsea to win, odds 1.85

So the total Odds for this accumulator would be 2 x 1.88 x 1.85 = 6.96

If your total bet was 100 EUR on you won all three parts of the accumulator above, the your returns would be 100 x 6.96 = 696 EUR – so with a 100 EUR initial bet your earnings would be 596 EUR.

Betting Type #6 – Live Betting

This is a relatively young form of betting that came along with the growth of the Internet and is quickly gaining in popularity.

With live betting the bettor acts more like a stock investor, studying past performance and tendencies and betting in real time as a match is played.

A bettor may bet on one team, then switch to the other after a goal is scored, then switch back after another match development with the ultimate mission of making profits with each move.

In addition to the best mentioned above, there are also more specialized soccer bets that you can place. These bets include:

• Half Time/Full Time – where you bet on the score at half time and the score at the end of the match
• Double Chance – with this bet, you win the same amount of money whether a team wins or draws
• Half Time Result (HTR) – you place a win, lose or draw bet that is based solely on the score at half time
• Draw No Bet (DNB) – You bet on a team to win and if the match ends in a draw you get your stake back
• First Team to Score – here you bet on which team will score first in a match
• Correct Score – where you predict the score at the end of normal time

Now that we’ve discussed the various types of bets that are available to you, let’s take a closer look at the people you will be placing your bets with – the bookmakers.