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Betting Types Explained

by Betting types
Updated: 15/10/2018 06:48

With so many betting types it is hard to know how they all work. Below we will explain the most popular betting types across a number of sports.

Single

Quite simply, it is a bet on one selection. Usually, on a match result, say Win/Draw/Win (1×2). Singles are good for bankroll builders. Let’s say, pick a favourite that you feel have a great chance of winning, place a larger stake than usual and use that money to build a bankroll to place riskier bets for bigger rewards.

Double

A double is one bet on two different selections. Both selections have to win for you to have a return. This can be used as a bankroll builder too, again picking two you feel have a great chance of winning and place a larger stake than usual.

Treble

A treble is one bet on three different selections. All three have to win for you to get a return. This is where we draw the line for bankroll builders. It starts to get riskier unless you feel like there are three teams you have a great chance of winning. But remember, with each added selection there is a more chance to lose.

Acca/Accumulator

Arguably one of the most popular betting types, Acca’s are glorious for smaller stakes with huge returns. They are also the simplest multiple bets. You can pick from two to 20 different selections and of course, need them all to win to return any money. You can choose from many different markets and add the selections all to one big bet.

We recommend sticking to Acca’s with six or fewer selections, mostly because many bookies offer a refund policy if your acca of six or more loses by one selection. We also feel that anything over six is very hard to land even if your pick strong favourites.

Asian Handicap

An Asian handicap is a form of betting on football which teams are handicapped according to their form. It first originated in Indonesia and has grown into one of the most popular betting markets. Check out our full Asian Handicap guide.

Match Handicap

Handicaps can seem very complex but are actually very simple. It is a way of levelling the playing field while creating better odds. You can bet on a favourite (negative) to overcome a handicap or bet on an underdog (positive) to have an advantage before the game.

In tennis, you can bet on a set or game handicap. Essentially you must look at the number of sets or games won and apply the handicap you have chosen at the end of the game.

Say you picked a -1.5 set handicap you would need the player to win say 2-0 in sets for your bet to win. If they won 2-1 you would lose this bet.

If you bet on a -5 game handicap, and the game finished 6-2, 6-2. The total games would be 12-4 in your favour. You then minus the 5 to make it 7-4 meaning your handicap is a winner.

You can apply this to all other sports that use handicaps like basketball, rugby, American football etc.

Overs/Unders Markets (Match Total Goals)

In the standard over/under market, you will see the all the numbers at .5, such as 0.5,1.5,2.5 etc. This means there can be no draw, you either win or lose. In this market, you are betting on the total goals in the game scored by both teams.

If you bet on under 1.5 you need there to be less than two goals in the game to win. 0 or 1 goal for a win, anything more and you lose.

If you bet on over 2.5 you need there to be more than three goals in the game to win. 0, 1, or 2 goals you lose, anything more and you win.

Both Teams to Score

This market is pretty self-explanatory. You simply bet on whether you think both teams will score or not. Lower leagues tend to see more goals and games with a strong away team often have BTTS.

Correct Score

A very popular bet because of its big odds and potential bragging rights if you land it. Simply pick what you believe the end score of the event will be. This market can be found in most sports but can be particularly hard to get right. The most common would be football, with most people trying their luck in Sky’s Super 6 weekly. We recommend using smaller stakes in this market. First, decide if you think it will be a low or high scoring game and go from there.

Draw No Bet

Place a bet on either team to win but if they draw, the bet is void. If a draw occurs you will get your money back. If the team you choose wins, you win. It is a great way of covering yourself but still getting good odds on a favourite, or even an underdog that is hard to beat.

First, Last or Anytime Scorers

In this market you pick who you think will score first, last or anytime in an event. This can be used over several different sports but the same principles apply. Look for in-form players in the sport, say in football. A player that is scoring regularly or gets goals against a certain team is a good place to start.

Each-Way Betting

In a simple way, you are placing two bets on the same horse. One bet for the horse to win and the other on the horse to be placed. If the horse wins you win both parts of the bet if it places you only win the placed part.

The number of places in a race depends on how many horses are running:

2-4 = First only

5-7  = Top two place

8-15 = Top three place

16 or more = Top four place

Unless the horse is priced at 4/1 or better a place bet will actually pay out less than your original stake.

Forecasts and Tricasts

A forecast is a bet on horses you think will come first and second in a race in that order. A tricast is the top three in order too. Whatever is won on the first horse then rolls over to the second or third meaning the returns can multiply.

Trixie

A 3 selection wager made up of 4 different bets. 3 doubles and 1 treble. Two winning choices is enough to generate a return. This is commonly used in betting shops for horses with short prices.

Patent

A 3 selection wager made up of 7 different bets. 3 singles, 3 doubles and 1 treble. Just one winning choice is enough to earn a positive return. However, each losing selection will significantly impact the returns of the bet.

Yankee

A 4 selection wager made up of 11 bets. 6 doubles, 4 trebles and a fourfold accumulator. Two or more selections winning is enough to generate a return but the odds are very much in the betting sites favour.

Lucky 15

A 4 selection wager made up of 15 bets. 4 singles, 6 doubles, 4 trebles and a fourfold accumulator. One or more winning selections is enough to generate a return. The “Lucky” part is also due to some bookies offering various different offers for the bet. Check with the bookie to see what bonuses they have.

Canadian or Super Yankee

A 5 selection wager made up of 26 bets. 10 trebles, 10 doubles, 5 fourfolds and a fivefold acca. You will need two winning selections to generate a return.

Steven has been following football and darts since he was very young. He has a passion for enhancing sporting events through betting for long-term, sustainable profit.

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