Different Types Of Football Bets

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  1. Different Kinds Of Football
  2. Different Types Of Football Offense
  3. Different Types Of Football Bets

Here is a rundown of the types of football bets: Straight bet - Amid all the fancy and lucrative-looking bets that are available, never lose sight of the value in a standard straight bet. A Lucky 31 consists of 31 bets involving 5 selections in different events. The bets include 5 singles, 10 doubles, 10 trebles, 5 four-folds and a five-fold accumulator. If only one selection wins, returns are paid to four times the odds. If four of the selections win, a bonus of 15% is added to total returns.

This glossary of bets offered by UK bookmakers is a non-exhaustive list of traditional and popular bets offered by bookmakers in the United Kingdom. The 'multiple-selection' bets in particular are most often associated with horse racing selections but since the advent of fixed-odds betting on football matches some punters use these traditional combination bets for football selections as well.

Types of bet[edit]

Win[edit]

A bet that produces a return only if the selection comes first in an event (i.e. wins). A win bet may be placed on a single event.

Place[edit]

A bet that produces a return only if the selection finishes first or within a predetermined number of positions (places) of the winner of an event. The return is often based on a fixed proportion of the win odds of the selection.

Each-Way[edit]

A combination of win and place bets of equal size. Each-Way bets may be placed on a single event or on two or more selections in a multiple bet. Each-Way multiple bets are settled on a win-to-win and place-to-place basis.

Single[edit]

A bet on an individual selection or outcome.[1]

Multiple bet[edit]

A double, treble or accumulator. A linked series of win singles where all the return from the first selection is automatically staked on the second selection as a win single and so on until all selections have won, thus giving a return, or until one selection loses in which case the whole bet is lost.

Double[edit]

A bet on two selections, both of which must win to gain a return.[1]

Treble[edit]

A bet on three selections, all three of which must win to gain a return.[1]

Accumulator[edit]

A bet on four or more selections, all of which must win to gain a return. Accumulators are often named after the number of selections they contain; thus we can get a fourfold, fivefold or sixfold accumulator (or even higher).[1]

Full cover bet[edit]

A wager consisting of all possible doubles, trebles and accumulators across a given number of selections. These include: Trixie, Yankee, Canadian or Super Yankee, Heinz, Super Heinz and Goliath. A double may be thought of as a full cover bet with only two selections.

Trixie[edit]

A wager on three selections and consisting of four separate bets: 3 doubles and a treble. A minimum two selections must win to gain a return.[1][2]

Yankee[edit]

A wager on four selections and consisting of 11 separate bets: 6 doubles, 4 trebles and a fourfold accumulator. A minimum two selections must win to gain a return.[3]

Canadian or Super Yankee[edit]

A wager on five selections and consisting of 26 separate bets: 10 doubles, 10 trebles, 5 fourfolds and a fivefold accumulator. A minimum two selections must win to gain a return.[1]

Heinz[edit]

A wager on six selections and consisting of 57 separate bets: 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and a sixfold accumulator. A minimum two selections must win to gain a return.[1] It is named for the '57 varieties' advertising slogan of the H. J. Heinz Company.

Super Heinz[edit]

A wager on seven selections and consisting of 120 separate bets: 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, 7 sixfolds and a sevenfold accumulator. A minimum two selections must win to gain a return.

Goliath[edit]

A wager on eight selections and consisting of 247 separate bets: 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, 8 sevenfolds and an eightfold accumulator. A minimum two selections must win to gain a return.

Full cover bets with singles[edit]

Patent[edit]

A wager on three selections and consisting of 7 separate bets: 3 singles, 3 doubles and a treble. Equivalent to a Trixie plus 3 singles. One winning selection will guarantee a return.[1]

Lucky 15[edit]

A wager on four selections and consisting of 15 separate bets: 4 singles, 6 doubles, 4 trebles and a fourfold accumulator. Equivalent to a Yankee plus 4 singles. One winning selection will guarantee a return. The 'Lucky' part of the name of this and other similar bets comes from the bookmaker's practice of offering bonuses for one or more winners; usually including 'double the odds' for only one winning selection.[1]

Lucky 31[edit]

A wager on five selections and consisting of 31 separate bets: 5 singles, 10 doubles, 10 trebles, 5 fourfolds and a fivefold accumulator. Equivalent to a Canadian plus 5 singles. One winning selection will guarantee a return.

Lucky 63[edit]

A wager on six selections and consisting of 63 separate bets: 6 singles, 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and a sixfold accumulator. One winning selection will guarantee a return.

Alphabet[edit]

A bet consisting of six selections - 1, 2, 3, 4, 5, and 6, usually on horse racing or greyhound racing. Selections 1, 2, and 3 form a patent, as described above. Selections 4, 5, and 6 form a second patent. Selections 2, 3, 4, and 5 form a Yankee, as described above. Selections 1, 2, 3, 4, 5, and 6 form a sixfold accumulator, as described above. The total number of bets in an alphabet is therefore 26 [2 patents at 7 bets each, plus 1 yankee at 11 bets, and one accumulator at one bet - (7+7+11+1=26)]. At least one correct selection guarantees a return.

'Any to Come' (ATC) or 'if cash' bets[edit]

Wagers which include conditional bets, i.e. if part of the wager produces a sufficient return then a predetermined amount may be wagered on one or more of the other selections. ATC and 'if cash' bets (generally referred to as 'conditional bets') are normally not accepted on Ante-post selections.

Up-and-Down[edit]

An example of an 'if cash' or 'any-to-come (ATC)' bet. A wager on two selections and consisting of two single bets. If one selection wins (hence the phrase 'if cash') then the original stake is placed as an additional single bet on the second selection. If both selections win each original stake is placed as a single on the other selection: in effect giving twice the winnings for just two stake units. The downside of only one winning selection is that both original stakes are lost.
Usually played for 'single stakes about (SSA)' meaning stakes identical to the original ones are placed on selections in the case of one or more winners. 'Double stakes about (DSA)' means twice the original stake is placed on selections in the case of one or more winners. Note: an odds-on winner will not supply enough money for 'double stakes about' so the whole amount actually available is used.

Round Robin[edit]

A wager on three selections and consisting of 10 separate bets: 3 doubles, 1 treble and 3 up-and-down bets (each of 2 separate bets). It may be considered to be a Trixie to which 3 up-and-down bets have been added. One winning selection will guarantee a return.

Flag[edit]

A wager on four selections and consisting of 23 separate bets: 6 doubles, 4 trebles, 1 fourfold and 6 up-and-down bets. It may be considered to be a Yankee to which 6 up-and-down bets have been added. One winning selection will guarantee a return.

Super Flag[edit]

A wager on five selections and consisting of 46 separate bets: 10 doubles, 10 trebles, 5 fourfolds, 1 fivefold and 10 up-and-down bets. It may be considered to be a Canadian to which 10 up-and-down bets have been added. One winning selection will guarantee a return.

Different Kinds Of Football

Rounder[edit]

A wager on three selections A, B and C consisting of 3 singles and 3 any-to-come (ATC) doubles to the original singles stakes. For example: £1 win A, ATC £1 double BC; £1 win B, ATC £1 double AC; £1 win C, ATC £1 double AB.

Roundabout[edit]

As Rounder (above) except the ATC doubles are to twice the stake, e.g. £1 win A, ATC £2 double BC etc. Note: In the event of an odds-on winner the complete returns (lessthan £2 in this example) from the winning single are bet on the appropriate double.

Speciality bets[edit]

Union Jack[edit]

A wager on nine selections usually placed in a 3 by 3 grid on a purpose-designed betting slip and consisting of 8 trebles. If the selections A to I are placed thus:
ABC
DEF
GHI
then the 8 trebles are (horizontally) ABC, DEF, GHI, (vertically) ADG, BEH, CFI, (diagonally) AEI, CEG. All three selections in a particular treble must win to achieve a return. It is possible to get five or even six winners from the nine selections and yet still not achieve any return (e.g. A, B, E, F, G do not give a winning treble in example 1, and A, B, D, F, H, I do not produce a return in example 2, as shown below).
Example 1
ABC
DEF
GHI
Example 2
ABC
DEF
GHI
Note that selection E appears in 4 of the trebles; A, C, G and I appear in 3 trebles; B, D, F, and H appear in only 2 trebles.
This is considered more of a novelty bet.

Forecasts[edit]

Forecasts are bets on a single event that require the correct forecasting of the finishing order of (usually) the first two or three finishers in the event.[1] Returns on correctly predicted finishing orders are calculated by industry sources via computer software that uses the starting price of all participants in the event, and are usually declared to a £1 stake unit on (mainly) horse and greyhound races.

Straight Forecast[edit]

A straight forecast or computer straight forecast is a wager requiring the naming of two selections a and b to finish 1st and 2nd in the correct order in a specified event.[1] Requires a single unit stake. Usually declared on horse and greyhound races of three or more runners. Equivalent to the USA exacta or perfecta, or the Canadian exactor.

Reversed Forecast[edit]

A reversed forecast (RF) is a wager requiring the naming of two selections to finish 1st and 2nd in either order in a specified event.[1] It is the same as two straight forecasts on selections a and b: a 1st, b 2nd and b 1st, a 2nd. Requires two unit stakes. Equivalent to a 'boxed' exacta/perfecta in North America, where the quinella is a similar wager that requires only one unit stake.

Combination Forecast[edit]

A combination forecast is a wager on three or more named selections in order to choose two of the selections to finish 1st and 2nd in the correct order in a specified event.[1] It is the same as the number of straight forecasts on selections a, b ... n given by the formula n(n − 1) and therefore requires this number of unit stakes. E.g. 3 selections - 6 bets; 4 selections - 12 bets; 5 selections - 20 bets; etc. Equivalent to boxing an exacta/perfecta with more than two runners in North America.

Tricast[edit]

A tricast is a wager requiring the choosing of three named selections a, b and c to finish 1st, 2nd and 3rd in the correct order in a specified event.[1] Requires a single unit stake. Accepted on horse races where 8 or more horses are declared and at least 6 run, and on greyhound races of 5 or more runners that form part of the bookmakers' main service. In North America, this wager is known as the trifecta (USA) or triactor (Canada).

Football

Combination Tricast[edit]

A combination tricast is a wager on three or more named selections in order to choose three selections to finish 1st, 2nd and 3rd in the correct order in a specified event.[1] Requires multiple unit stakes given by n(n − 1) (n − 2) where n is the number of selections. E.g. 3 selections, 6 bets; 4 selections, 24 bets; 5 selections, 60 bets; etc. In North America, this is a 'boxed' trifecta.

See also[edit]

References[edit]

  1. ^ abcdefghijklmnoBritodds - betting glossary
  2. ^Footballdailytip - Trixie Calculator
  3. ^Yankee Bet Explained: Hityah.com
Retrieved from 'https://en.wikipedia.org/w/index.php?title=Glossary_of_bets_offered_by_UK_bookmakers&oldid=987065342'

Online sports betting provides amazing opportunities to wager on the most popular sporting events. Even veterans of sports betting will find some useful information in our guide about the different types of sports bets. Brushing up on the different styles of betting will ensure that you set achievable betting objectives, bet with your head instead of your heart, and understand your risk tolerance as a bettor.

What are the most common types of bets?

If you’re new to sports betting, you’re most likely to hear about bets such as ‘’moneyline’’ and ‘’over/under’ bets’. These are the most commonly placed bets and are also the easiest to try when you’re just getting started. Let’s break these simple betting styles down a bit, and go into some more detail, so you can get your bets down for all the exciting matchups up ahead.

Moneyline bets

A moneyline bet is the simplest bet of all, and is also referred to as the “win bet”. Simply select who you believe will win the game or match, and your bet has been placed. So, think about an NFL matchup between the Miami Dolphins and New England Patriots – you can place a moneyline bet on who you think will win based either on your research, knowledge of the game, or just because they’re your favorite team. If the team you placed your bet on wins, then you win – it’s that easy! Other types of bets might be affected by factors such as the score or points difference between the teams, but while you are still learning about online sports betting, it is best to keep it simple.

Over/under bets

In the US, sports bettors refer to the over/under bet as the “total bet”. The over/under bet allows sports bettors to bet on a matchup without picking a favored side. Instead, they’re betting on the total points scored in a specific sporting event. Once the sportsbook casino puts up their predictions, sports bettors can decide if they believe that the total number of points scored in the matchup will be over or under the number set by the sportsbook casino.

For example, in a matchup between the Chicago Bulls and Cleveland Cavaliers, the sportsbook may set a totals line bet at 190 points. This means that sports bettors must decide if they think the teams will have a combined score of more or less than 190. If the bettor picked correctly, they will win the totals or over/under bet.

Point spread

The point spread is quite a popular bet in the United States. In Europe, this type of wager is typically referred to as a handicap bet. With the point spread, the sportsbook will determine which team they think is the favorite to win the game. After making their selections, the oddsmakers will decide what the margin of victory is most likely to be. The sports bettors will then make bets based on whether the pick or margin predicted by the sportsbook is over or understated.

For example, in an upcoming NBA matchup between the Chicago Bulls and Miami Heat, a sportsbook casino may post a point spread of 5 points in favor of the Bulls – this means that the sportsbook expects the Bulls to win by 5 points. If sports bettors choose to place a point spread bet on this game, they’d choose whether the sportsbook prediction is high or low.

Futures bets

Futures bets, or outright bets, allow sports bettors to pick the winner of the overall tournament, competition, or league. This means that, in most cases, the bet is placed way in advance of the actual sports event taking place, hence the name “futures’’. Sports bettors will need to do thorough research on teams and players before placing a futures bet.

These are some of the toughest bets to pick correctly, although the payouts are definitely enticing. Sports bettors should keep in mind that because futures bets have attractive payouts, it also means that they are quite risky.

Prop bets

For those looking for variety and something more fun, compared to the standard sports bets, consider placing a proposition bet. Sports betting can get quite bizarre with prop bets as you can wager on just about anything. Some examples of prop bets include predicting the time of the first goal in a soccer match, or the first team to score a touchdown in an NFL match. These examples barely scratch the surface of the types of prop bets that can be placed on different sports. Prop bets are great for sports bettors who are into the more obscure happenings or occurrences of a game that will not necessarily affect the end result.

Here are a few examples of some more interesting prop bets:

  • Will a baseball team score in the first inning or not?
  • Will there be a hole-in-one in a golf tournament?
  • Who will win the opening coin toss?

Parlay bets

If you’re feeling extra courageous, and like you’re getting the hang of sports betting, the parlay bet is the wager for you. It is probably best for beginners to avoid these at first, as they can be quite complicated and risky compared to some of the other types of bets. The reason it is so complicated is because a parlay bet involves selecting a string of picks which are all counted as one bet.

For example, sports bettors can place a parlay bet on three different NFL teams. The parlay ticket could include a point spread, moneyline, and totals bet. The odds for each game remain the same though, as if you were making another kind of individual bet. In order for the parlay bet to pay out, all three picks for all matchups must win. In the event that one pick is incorrect, the entire bet is lost. Parlays are considered very risky, which is why it’s best to have some experience before trying them out. The added risk, however, does mean you’ll be collecting grand payouts if you win!

Popular odds in football

The most popular type of bet made in the NFL is the point spread. By setting the point spread, sportsbooks will try to even things out in a game when the two teams facing each other are mismatched. For example, the Houston Texans (10-2) vs Miami Dolphins (3-9) matchup would see many sports bettors betting on the Houston Texans to win. To prevent one-sided betting, these spread bets can level the playing field for bettors.

When you’re placing your bets online, you’ll see a + and – symbol given to the teams:

Miami Dolphins +14 (-110)

Houston Texans -14 (-110)

The above numbers show that the Houston Texans are a 14-point favorite, meaning they will need to win by a margin of 15 points to cover the spread for Texans bettors. For those who bet on the underdog, the Dolphins must lose by 13 or less for the bet to win. The numbers in the brackets indicate that the bettors must risk $110 in order to win $100.

Popular odds in golf

Golf is a great sport to bet on as the season is seemingly endless, with so many tournaments and opportunities to place bets. The futures bet is a popular golf wager, and the sportsbook will set their own odds for each player to win. This means that bettors get to choose from the field of players, with individual odds set for each player to win the tournament outright. In a field of 70 players, choosing the winner can seem impossible and like the odds are stacked heavily against you. However, the payout can be huge if you know your golf and make the right pick.

Different Types Of Football Offense

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Different Types Of Football Bets

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