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Football bets / Types of bets

I. Bets on the outcome of a match

II. Score bets

III. Over / Under - bets

IV. (European) Handicap-bets

V. Asia Handicap-bets

a) Asian Handicap 0,5

b) Asian Handicap 1

c) Asian Handicap 0

d) Split Handicaps

VI. Live bets

VII. Combination bets

VIII. System bets 

I. Bets on the outcome of a match

Bets on the outcome of a match are the most common in betting. They are also known as 3-way bets or 1X2-bets. Here you bet on whether a team wins, looses or draws. You, therefore, don't have to bet on a specific result but simply on the tendency of the outcome of a match.

Example

Bremen plays against Hamburg. You bet on a win by Bremen. Bremen wins the match, you won the bet. If Bremen merely draws or Hamburg wins, you will loose.

Bets on the outcome of a match are particularly popular due to the rather small risk you are taking. Because: Mathematically your chance of winning amounts to 33,3 percent. Your chance of winning is a lot higher than with other betting-options as for example score betting where you have to predict a specific result.

II. Score bets

For score bets, also called match result bets, you bet on a specific result of a match. Only if you predicted particular outcome, you will win the bet. 

Example

Schalke plays against Frankfurt. You bet on a 1:0 for Schalke. If the match actually results in a 1:0 for Schalke, you win the bet. If the result is any different, you will loose.

Since you don't only have to correctly estimate the performance level of team but also need a lot of luck to win this kind of bet, the bookmakers' odds for this bets are accordingly high.

III. Over / Under - bets

For over / under - bets you bet on whether in a certain game (or just in one half) more or less than a particular number of goals will be scored. This kind of bet belongs to the group of 2-way bets since only two outcomes are possible. Here your chance of winning is, therefore, especially high.

Example

Leverkusen plays against Köln. Your bookmaker offers bets on whether more than 2,5 goals (so at last 3) or less than 2,5 (so 2 or less) will be scored during the match. If you bet that more than 2,5 goals will be scored and the game results in a 3:0, you will win. But if Leverkusen and Köln only play 1:1, you will loose.

Many bookmakers don't only offer over / under - bets for the number of goals but also for the number of corners, free kicks, subs, yellow cards and a whole lot of other factors in a match.

IV. (European) Handicap-bets

In the case of Handicap-bets, also known as Line Betting, the bookmaker grants the obviously inferior team a fictional margin that will be added to the final result of the match. So the team favored to win starts the match with a fictional disadvantage or handicap. For you bet you then have to choose whether you bet on a win by one of the teams or on a draw. 

Example

Bayern plays against Arminia Bielefeld in the first round of the DFB Cup. Bayern is the clear frontrunner, thus, the bookmaker has given them a handicap of 0:2 and that way grants the underdog Bielefeld an advantage. If you bet on a Win by Bayern, they have to win with at least a 3 goal margin for you to win the bet. Because:

Fictional initial situation: Bayern – Bielefeld 0 : 2
Actual final result: Bayern – Bielefeld 3 : 0
Added result: Bayern – Bielefeld 3 : 2
If Bayern wins only by 1:0, you will loose the bet. Because:
Fictional initial situation: Bayern – Bielefeld 0 : 2
Actual final result: Bayern – Bielefeld 1 : 0
Summed up result: Bayern – Bielefeld 1 : 2

Handicap-bets are especially popular to be placed if you actually want to bet on the clear frontrunner but the odd for that is simply too low because the win seems most likely. Then bookmakers issue more attracive odds for handicap-bets that naturally also bear a higher risk, since the win of the favored team no longer has a high probability. With a little bit of courage, expertise and luck, this is a good opportunity for you to win bets.

V. Asian Handicap-bets

Asian Handicap-bets are similar to the European handicap-bets. Here the underdog is also granted a fictional margin or rather the frontrunner is awarded minus-goals to bring both teams to one level. But, contrary to European handicap-bets, not only whole goals but also half, quarter and three-quarter goals can be awarded. Within the betting market the following forms of the asian handicap are the most common:

a) Asian Handicap 0,5

The underdog of a match is awarded a +0,5 margin (respectively the favored team gets a -0,5 deficit) Der Außenseiter eines Spiels wird mit einem fiktiven Torvorsprung von +0,5 belegt (bzw. der Favorit mit einem Rückstand von -0,5).

Example

Dortmund faces Leverkusen. The bookmakers slightly favor Dortmund and thus, grant Leverkusen a fictional margin of +0,5. If you bet on a win by Dortmund, they wil have to win. Nevertheless, a 1:0 would already suffice. Because:
Fictional initial situation: Dortmund – Leverkusen 0 : 0,5
Actual final outcome: Dortmund – Leverkusen 1 : 0
Summed up result: Dortmund – Leverkusen 1 : 0,5

If the match ends in a draw, you will loose the bet. If Leverkusen wins, you will loose as well.

b) Asian Handicap 1

The Asian Handicap 1 works like the Handicap 0,5, the only difference is that the underdog of a match is granted a fictional margin of +1 goal. For a better understanding we stick to the example of Dortmund against Leverkusen.

Example:

Dortmund faces Leverkusen. The bookmakers favor Dortmund; that is why they award Leverkusen a fictional margin of +1. If you bet on Dortmund, they will have to win by a goal difference of at least 2 goals, for you to win the bet.
Fictional initial situation – Leverkusen 0 : 1
Actual final outcome: Dortmund – Leverkusen 2 : 0
Summed up result: Dortmund – Leverkusen 2 : 1

Should Dortmund win the match with 1:0, the summed up result would be 1:1. Contrary to the European handicap-bet you have now neither lost nor won. You get your stake back. If Leverkusen wins the game, you will loose the bet.

c) Asian Handicap 0

The Asian Handicap 0 doesn’t grant either team a margin. If you bet on the win of a team and then that team actually wins, you will win. If your team draws, contrary to the European Handicap bet, you don’t loose the bet but get your stake back.

Example

Dortmund plays against Leverkusen. The bookmakers expect a level match and therefore, they don't grant either team a fictional advantage. For that reason the match has the abbreviation AHC 0. If you bet on a win by Dortmund and they win, you will win the bet. If Dortmund draws, you will get your stake back although you out your money on a win.

d) Split Handicaps

1) 0 and 0,5 (0,25)

For a split handicap you put two bets on a match. One half of your wager is out on AHC 0 and the other one on AHC 0,5. That is what is called a Quarter-Handicap. In practice it then works as follows: If you bet 40 Euros on AHC 0,25 at a bookmaker he automatically puts 20 Euros on AHC 0 and 20 Euros on AHC 0,5.

Beispiel

Frontrunner Bayern faces Hoffenheim. You bet 40 Euros with a AHC of -0,25 on Bayern winning. The odd for a win by Munich amounts to 2,5. Consequently you put 20 on AHC 0 in the first option (so Bayern is without handicap) and 20 Euros on AHC 0,5 for the second option (so Hoffenheim is granted a margin of 0,5 goals). Summed up, Bayern is assigned a Quarter-Handicap.

- if Bayern wins the match 1:0 (or higher), you will win both bets (because Bayern leads in both summed up results). You receive 100 Euros (2,5 x 20 Euros + 2,5 x 20 Euros = 100 Euros).

- In case of a draw you get back your wager of 20 Euros for AHC 0 (because the summed up result is also a draw). Your bet for AHC 0,5 has been lost (because Hoffenheim leads in the summed up result) You loose 20 Euros.

- If Hoffenheim wins the match, both bets are lost. You loose your placed 40 Euros.

2) 0,5 and 1 (0,75)

This version of the split Asian Handicap works just like the version 0 and 0,5 with the only difference that one team is awarded a (higher) margin in both bets.

The versions may be randomly extended by the bookmakers. So Asian Handicap bets with a AHC of 2,25 or 2,75 and so on are just as well possible. The rules remain the same, only the figure of fictional goals changes. 

Watch out!

The shortcuts European Handicaps (HC) and the Asian Handicap (AHC) are not always differentiated between. Many times the shortcut HC is used consistently in the betting language. How can you identify which type of bet is on hand?

As a general rule European Handicaps are written without a decimal place (so e.g. HC +2), while Asian Handicaps are always written with said decimal place (so e.g. HC +2,0).

VI. Live bets

Live bets, also called In-Play bets, are bets that are placed during a match that has already begun. You can bet on the next goal, the next corner or the next yellow card (among others) during the game. In doing so you consequently have to follow every development of the match precisely, to be able to quickly react to changes within the course of the game and thus, the odds. In the best case you can "read" the game intuitively and that way proficiently place your bets.

If a goal has been scored (or a corner achieved or a yellow card given), the betting process is interrupted shortly and all bets are deleted. After the recommencement new bets may be placed.

VII. Combination bets

For a combi-bet, short for combination bet, you don't only bet on one game on a betting slip but on multiple matches. For you to win, all bets have to be correct. If one bet is false, you will loose the bet. Usually the minimum or maximum figure of bets that may be placed on one betting slip is defined and varies depending on the bookmaker.

The odds of each match are multiplied by each other so that your potential profit accumulates. If you, for example, bet on 3 games, your potential profit might be calculated as follows:

Your wager x odd bet 1 x odd bet 2 x odd bet 3 = gross profit

Example

You bet on a win by Hamburg (odd 2,0), win Cologne (odd 1,9) and win Frankfurt (odd 2,5). Your wager amounts to 20 Euros. If all your bets are correct, your profit will then look like this:

20 Euros x 2,0 x 1,9 x 2,5 = 190 Euros

If just you are mistaken with just one of your predictions, you come away empty-handed.

Combi-bets offer the advantage that you are able to attain a high profit with a small stake. If you play each bet on its own, the profit will be considerably smaller. But simultaneously the risk is higher, since just one false bet will lead to you loosing all you bets.

To have the best possible chances of winning a bet, as in regard to every bet, the following applies: Find the value to begin with and place your bet afterwards. In case of a combi-bet your value then multiplies additionally.

VIII. System bets

System bets are a derivative of combination bets and enable you to play multiple combi-bets by submitting only one bet. The decisive difference is that not all your bets have to be correct to achieve a profit.

System bets carry names such as „system 2/3“, „system 2/4“ or as well „system 4/7“. The posterior figure respectively describes the total amount of matches on which you bet. The anterior figure states how many of your bets have to be correct for you to gain a profit.

Since a system bet can get quite complex due to the high amount of bets, we will explain the mechanics of such a bet on the basis of an example:

Example

You play the system bet 2/3. Therefore, you have to bet on 3 matches. You bet on win Bayern, win Dortmund and win Leverkusen and place a 30 Euro wager. From that a total of 3 double-combi-bets can be derived:
Bet 1: Win Bayern (odd 2,0) combined with win Dortmund (odd 1,5)
Bet 2: Win Bayern (odd 2,0) combined with win Leverkusen (odd 1,7)
Bet 3: Win Dortmund (odd 1,5) combined with win Leverkusen (odd 1,7)

Your bookmaker automatically divides your 30 Euro wager and places 10 Euros on every match. Let's assume Bayern and Leverkusen win and Dortmund looses. Your bets will then result as follows:

Bet 1: lost (Dortmund didn't win)
Bet 2: won (Bayern und Leverkusen won)
Bet 3: lost (Dortmund didn't win)

As the name „System 2/3“ already suggests, you have to correctly assess 2 out of 3 bets. With your bets on win Bayern and win Leverkusen you fulfilled these requirements. So what profit do you get?

Wager 10 Euros x odd Bayern 2,0 x odd Leverkusen 1,7 = 34 Euros.

You made 34 Euros from your 30 Euro wager.

These mechanics of the system bet may be transferred to all other system bets.

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