Guides for All Bet Types

When betting on online sports, understanding which bet type suits your approach can benefit in the long run. If you are new to online betting and wish to learn about the different bet types, this OddinsOdds Academy page can act as your guide.

Soccer Betting requires knowledge about the game to master it. Still, it can be unpredictable, which means there's no sure way to win. This is where understanding how various bets work can give you an advantage.

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Asian Handicap In Football Betting

Read our detailed Asian Handicap guide and learn the ins and outs of this advanced bet type. Find our exclusive cheat sheet inside!

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Double Chance Betting In Football

Learn how the Double Chance betting market works in this beginner's guide. We explain the bet type with real-life examples and detailed explanations.

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Booking Points Guide

Learn how to bet on yellow and red cards with the advanced Booking Points betting market. We explain this bet type with real-life examples and give useful tips.

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European Handicap Guide

Learn how to bet on European Handicap with this OddinsOdds Academy guide. You will find all the details about this advanced bet type with detailed examples.

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Over/Under Betting Guide

Learn how to be on the over/under bet types for total goals, corners, cards and more. We explain this betting market with detailed real-life examples.

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Goal Kick Betting Guide

Discover goal kick betting in football. Learn types, strategies, live tips, and how to use team stats to predict goal kicks and win more consistently.

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System Bet

Learn the system bet meaning, how it works with examples & calculations. Discover pros, cons & tips to use system bets smartly in betting.

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Draw No Bet Explained (DNB)

Explore the Draw no Bet (DNB) betting market with our in-depth guide. Learn how you place a DNB bet and find out when you should use this type.

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Shots on Target Betting Guide

Discover the Shots on Target betting market with this OddinsOdds Academy guide. You'll find detailed explanations with real life examples on this page.

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Prop Bet Guide

This OddinsOdds Academy guide explains how to use prop bets. We give real life examples of proposition bets and give tips to improve your chances.

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Halftime/Fulltime (HT/FT) Betting Guide

Learn how to bet on the halftime/fulltime (HT/FT) betting market with this in-depth article. We cover all 9 possible outcomes and give useful tips.

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Banker Bet

Learn all about banker bets in this OddinsOdds Guide. Discover how it works in accumulators & system bets, plus examples & tips to pick the best bankers.

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Ultimate Corner Betting Guide

Learn how to bet on corner kicks with this OddinsOdds Academy guide. You'll learn all the terminology and strategies with real-life examples.

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1×2 Bets

It is arguably the most basic bet type that any online bookmaker has. When you place 1x2 bets, your objective is to predict an outright winner; it's as simple as that. You will find odds that represent the favourites and underdogs, helping you make informed football betting decisions. When to use them: • They are ideal for times when a game has a strong favourite or when you feel the underdog might pull off a surprise. 1x2 bets are universal and applicable to sports like cricket, football, boxing, tennis, and others. • They are not ideal for low-scoring sports such as hockey or baseball, where margins are often tight. • The simplicity of this bet type makes it perfect for those in their initial betting stage.

Over/Under Bets

Also called Totals, Over/Under bets are one of the most popular wagering types in online football betting. An important rule to note about them is that the result of a game does not affect your bet. Here, you wager on whether the total combined score of both teams will be over or under the number specified by the bookmaker. When to use them: • Over/Under can be your go-to choice when you have a great understanding of a game's scoring potential. • They are also the best when betting on weather-dependent sports like baseball or football. • You can opt for total bets when certain games show high or low-scoring trends.

Parlay Bets

This is a risky form of soccer betting. Parlay bets combine two or more bets in a single wager, requiring you to win all the legs to receive a payout. On a positive note, you receive a higher payout because of the multiplied odds. When to use them: • Use parlay bets only when you are confident about winning all the legs you add to your single wager. If even one leg fails, you will lose the entire bet. • If you discover a "low risk, high payout" opportunity, parlays are a great option.

Live Bets

Live betting allows you to enjoy the thrill of odds shifting in real-time based on in-game scenarios. If you are a fan of fast-paced sports like T20 cricket, tennis, basketball, or football, wagering through live bets is advised. When to use them: • The best time to place a live bet is when you are watching a game concurrently. • Say you have placed a pre-game bet which is at risk of a loss. During this time, place a live bet on the opposite outcome to mitigate the loss. • Live betting is known to offer good value when a team starts strong but has long odds.

Handicap

Handicap bets are often used for sports such as football and rugby, wherein one team has a heavy advantage or disadvantage in comparison to the other. When to use them: • Use handicap bets anytime you notice one team heavily favoured. • Low-scoring sports like football can help you get the most out of your handicap bets. • There is a significant difference between European Handicap and Asian Handicap. Make sure to read both guides.

Each-Way

Each-way bets apply to sports, usually with a leaderboard position. Sports like golf, horse racing, Formula 1, etc., contain each-way betting opportunities. When to use them: • Backing an underdog with the potential of finishing in one of the top positions can help you benefit from each-way bets. • If you are unsure about picking an outright winner due to multiple quality options, use each-way bets for flexibility.

Draw No Bet (DNB)

Draw No Bet involves wagering on a team to win, but if the match ends in a draw, the bookmaker refunds your stake. DNB is designed to reduce your risk. When to use them: • DNB is best used when you back a team to win, but want a safety cushion against a draw. • Use this bet in matches with the potential of being closely contested, especially featuring bigger teams.

Double Chance

Double Chance bets allow you to bet on multiple outcomes: Team A to win or draw, Team B to win or draw, and either team to win (no draw). When to use them: • You can use a double chance when betting on an underdog team. • You can also opt to wager on matches with the potential of being closely contested, as it is low-risk.

Shots on Target

A Shots on Target bet involves wagering on the number of shots towards the goal, regardless of whether or not the goalkeeper saves them. When to use them: • Utilise when a match involves aggressive forwards like Erling Haaland, Mohamed Salah, Lionel Messi, or Cristiano Ronaldo. • Alternatively, use this bet when a team has a weak defence.

Half-Time/Full-Time (HT/FT)

This football betting type practices the prediction of both half-time and full-time scores in team competitions. They are often high-risk bets. When to use them: • Use HT/FT bets when you have researched how different teams perform in different halves of a game.

Both Teams to Score (BTTS)

BTTS bets come with simple rules; they require both participating football teams to score at least one goal, irrespective of the final result. When to use them: • You can use BTTS bets when both teams have strong forwards or weak defences.

Corner Bets

Corner bets revolve around the corner kicks earned by a single team or both teams during a game. You will find them as over/under bets or which team will earn more corners. When to use them: • Bet on the corner bets market when the teams play an attack-heavy line-up. • Check teams for the total number of wingers or when one team is stronger than the other in its attack.

Booking Points

A Booking Points bet focuses on the disciplinary element of a game, where you're betting on yellow and red cards received in a match. Usually, a yellow card is worth 10 points, whereas a red card carries 25 points. When to use them: • Use booking points bets during derby matches. • Use it in games that have witnessed heated rivalries in recent matches.

Considerations for Selecting Bet Types

Choosing a random bet type often ends in losing your bet. Instead, focus on tactics like bankroll management and the timing of your bets. See that you spend your money wisely; while at it, set a budget aside for parlay bets, as they are high-risk and best used with better experience. Finally, we recommend to focus on research. Keep a close watch on the player and team developments when leading up to a fixture.

FAQs

What is the safest bet type for beginners?
1x2 (Match Result) and Double Chance are generally considered the safest and easiest to understand for those new to sports betting.
Is Asian Handicap better than European Handicap?
Asian Handicap is often preferred by professional bettors because it offers more precise margins and includes the 'push' (refund) option for whole numbers, reducing the house edge.
Can I combine different bet types in a parlay?
Yes, most bookmakers allow you to combine various markets like Match Result, Over/Under, and BTTS across different matches into a single parlay ticket.
Do live odds change frequently?
Yes, live odds shift in real-time based on in-game actions like goals, cards, momentum shifts, and time remaining.