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Types of Football Bets

Football (or Soccer as often referred to in Australia) is a great game to have a punt on. If you are going to try your luck at betting on the a football game, whether it be A League or International Matches such as Premier League then it’s best you understand the different type of football bets available!

Football bets can vary from your standard bets such as Win, Place found in horse racing, they are instead rather unique bets specific to football, such as Most Goal Saves, Penalty Shots. In this article we will give you a quick overview on each bet so hopefully you can start betting on football and making a few bucks!

List of Football Bets Explained

The following are the most popular football  bets across major Australian sports betting sites & sports betting apps.

Straight Up

A Straight Up Bet is also known as the moneyline bet or “to win” bet. For this bet, you have to predict which team will win the next soccer game. If your picked team wins, you win your bet. However, it doesn’t matter by how many goals the team has won the match or how attractive the success is, only one thing matter that is the team’s name to win the upcoming match.

Finally, the earning you receive will be determined by the probability of the team winning the match and how much money other sports punters have/haven’t wagered on them.

Draw No Bet

With this bet, you have to forecast which team will win the match. If your team wins, you win your bet. But if the match ends with a tie, all of your bets will be classified as push or void. If a game is unrestrained, bets will be void. However, if you are confident that your team will win, then only invest your money.

Spread Bet

Spread bets mean either a team’s goals or take away goals from a team based on their probability of winning the match. The purpose is to level the sporting field to bet on which team you think will exceed their expectations. In other words, in this bet, you have to predict which team to lose the game and win as long as they exceed their potentials.

Keep in mind there are different lines available in the match. Each line will have a different payout depending on the probability of the occurrence and the bets that another punter has already made.

Double Chance

Mostly, there are three likely results in a soccer game:

  • Team A to win or draw
  • Team B to win or draw
  • Team A or Team B to win.

With the double chance bet, you have to choose two of the three results to occur. As long as one of those two happens, you win your bet. Keep in mind, each of these selections will pay out differently based on the original three-way Moneyline odds.

Goal Line

The goal line is a type of soccer bet that removes at least one outcome, which means it is the same as a two-way money line bet without a draw option. A goal-line is usually -0.5 goals in soccer, but for games with big favorites, the goal line can be higher, like -1.5 or -2.5.

Asian Handicap

In Asian handicap bets, your choice has a “handicap” to win, and it excludes the likelihood of a draw in terms of betting.

Here betting sites assign each team a number plus or minus to specify their handicap. For instance, a team may have an Asian Handicap of -1.75. A $ 500 wager on this handicap would put $ 250 on -1.5 and $ 250 on -2.0. Lastly, the outcome will be based on:

  • If your picked team won the match by just one goal, you lose the entire Asian Handicap bet.
  • If your picked team won the match by just two goals, you win half on -1.5 and return the other half on -2.0 as a push.
  • If your picked team won the match by three goals, you win the entire bet.

Outright Bets

Outright bets are also known as futures bets that involve betting on a tournament/event outcome. In this, you can place bets early and throughout the season. Keep in mind that the odds vary depending on the position and the team’s results, but generally, these bets are accessible till the last day.

Correct Score

In this bet, you have to predict the exact outcome of the match. This type of bet is only recommended for the most experienced punters as it is one of the toughest wagers to win. But with this bet, you can attract bigger odds and have higher payouts.

1×2 bet

1X2 is one of the well-known bet types and is also known as Match Betting, Full-Time Result, or Three-Way Bet. This bet involves a match of two teams with three potential consequences:

  • Home (1)
  • Away (2)
  • Draw (X)

Accumulator Bets

Accumulator bets are also known as Parlay bets, where you can bet on two or more selections as part of the same bet. This bet involves combining several selections into one single wager.

For instance, you select at least two teams for this bet, and all of the chosen teams must win for you to get a payout. You can also add more teams to the parlay to get more payout. However, make sure each selection in your parlay bet is correct if you wish to win.