Football Betting Glossary: Understanding bookie’s terms

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Understanding the standard football wagering terms is very important for any punter, new or existing. If you don't know what an ACCA is, how can you place a successful wager? In this article, we will explain to you what the most common football wagering terms mean. We will clarify the meaning of each term in alphabetical order.

Our Football Betting Glossary

Accumulator (ACCA) Bet

Accumulator bets are single wagers, combined with other wagers into one bet. The ACCA bet has four or more legs (selections), and to win it, all of your selections need to win. If even one of the legs loses, you will lose the whole wager. They are very popular wagers because you have the potential of winning a high payout.

Asian Handicap

The Asian Handicap type of betting is designed to even out the odds by adding a virtual advantage to the underdog team. These wagers are hard to understand for new punters, but once they get the hang of them, they benefit that would intrigue them, like eliminating the possibility of a draw result.

Combination Betting

Combination betting is referred to when you are merging several wagers into one to increase the odds. These bets are more comfortable to place when using features like Bet Builder. Different bookies have different names for them, including, Same Game Multi, Bet Builder, etc. You can place these bets across one event or more, even across various sports.

Double Chance Betting

Double Chance betting refers to when you back two outcomes in one wager. This type of bet doesn't have the best odds, but it has a higher chance of winning.

Draw No Bet

In the “Draw No Bet” type of wager, you would win if your team earns a victory, and you would get your money back if the match ends in a draw. It's a popular wager type because the draw outcome doesn’t affect your wager.

Each-Way Wagering

Punters us Each-Way betting mostly in Horse Racing, but bookies offer it in Outright Football bets. You place two stakes with the same amount (doubled stake) on one team to win, and a team to place. You get a more significant return if both outcomes win, but even if only one does, you still take that part of the wager.

Even Wager

An Even wager is a type of bet place on even odds. An example of even odds is 2.0 or 1/1. It is prevalent, and many bookmakers offer new customers promotions if they place a qualifying wager on even odds. 

Full-Time Result (90 Minutes)

In the Full-Time Result betting market, the home team would win, the away team would win, or the game would end in a draw. In this type of bet, overtime and penalties don't count. Only the score after the second half ends is taken into consideration.

Half Time/Full-Time Betting

In this HT/FT bet, you predict both the result after the first half and the result after the second half. To win your wager, both of the outcomes need to be correct.

Head-to-Head Betting

In this form of betting, you predict the team or player's general performance rather than the game's outcome. It will typically ask you to predict whether a player will have a better game (in terms of goals, assists or saves) than another player.

Outright Bet

This type of betting is also called "Futures" on some bookmaker platforms. You wager on the outcome of the tournament or competition rather than the result of a single match. These bets usually settle slower because you have to wait until the end of the game.

Over/Under Wagering

Over/Under bets let you wager if a specific event in the match like the total number of goals, or other types of numbered statistic. You bet on whether the game will result in over or under the amount shown on the bet.

Team to Go Through

In this betting instead of wagering on which team would win a match, you wager on if a specific team would progress further. This type of betting is usually for National, or Champion Leagues, or the World Cup.

Scorecast Betting

A Scorecast wager is a type of combination bet where you place a wager on a first, last or anytime goalscorer and you have to predict the correct score of the match. Both events need to happen to win your bet.

Single Wager

A single bet is the most common and straightforward type of wager. You only have to predict a single event correctly, so winning is higher than if you placed an ACCA.

Spread Betting

Spread betting refers to when you place a wager on a specific spread laid down by the bookie, which means that you place the bet more on the accuracy of the prediction rather than the actual outcome of the game. For example, whether a team would win or lose by a specific amount of points.

Three-Way Handicap

Three-Way handicap is also called a European Handicap. In this type of bet, one team has a handicap, and you place your wager depending on that handicap. You can either bet for the team to win, lose, or draw.

Teasers

Teasers are similar to Accumulators (Parlays). In them, you combine the events in two different matches, and you can adjust the point spreads, but all of your selections need to win so you can win the whole wager at the end.

Void Bet

There are many reasons why Void bets exist. For example, if the match is canceled due to weather or any other purpose, your bets are void, meaning that your stake would be returned to you, and it would be like you never place the wager in the first place. Void bets also occur when there are mistakes regarding the odds if the fault is with the bookie.

Wincast Betting

The Wincast betting type is similar to Scorecast betting. The only difference is that after you pick a last, first, or anytime goalscorer, you have to predict the final result of the game instead of the correct score.