Single or Straight Bets
Single bets are the simplest form of betting out there were you need to simply place a bet on only one of the outcomes for a match.
For example let’s consider a Liverpool vs Basel game,
Let’s say that you’re betting 10₤ on a Liverpool to win the game at the odds of 1.60. If Liverpool do win the game you will get 16₤ in return and if the game were to end in draw or if Basel were to win then you lose your bet.
Another example for a Single bet – Let’s take the same game as an example, you are betting 100₤ on Liverpool to score at at least two goals in the game at the odds of 1.7 and if Liverpool does manage to score two then you’ll get 170₤ in return.
It’s better to place single bets in matches were the are odds on offer are closer to even. The payout you get from such bets are low if you’re betting on the favorites. Betting on the underdogs can turn in a big reward but then the chances of winning the bet are minimal.
With double bets you can place a bet on two possible outcomes on two different selections and for you to win the bet you need get both those selections correct. You still lose the bet even if you get one of the selections wrong.
Double bets offer you better returns than single bets but the risk associated with these bets are also greater.
Manchester United vs Newcastle
Chelsea vs Manchester City
Lets say you are betting 10₤ on a double bet consisting of two selections (1. Manchester United to win, 2. Chelsea to Win) at the odds of 1.60 and 1.75 respectively. You’ll get 10 x 1.60 x 1.75 = 28₤ in return if both you’re selections come true and you’ll lose and get nothing in return if one or both you’re selections go wrong.
One bet in 3 different events
Treble Bets are similar to double bets where you need to bet on the three possible outcomes and the only way to win the bet is to correctly predict all three selections.
Everton vs Hull City
Sevilla vs Espanyol
PSG vs Monaco
If you are betting 20₤ on Everton, Sevilla and PSG to win at odds of 1.6, 1.8 and 1.4 respectively you’ll get 20 x 1.6 x 1.8 x 1.4 = 80.64₤ in return. Even if you get one of your selections wrong then you lose the bets.
Greater risk than double bets but so will the be winnings.
Accumulator Bets, also known as Parlays
Similar to the above mentioned bets in accumulator bets you can place a single bet on the outcomes of 4 or more events. Based on the number of selections involved they can be classified as Four-Fold, Five-Fold, Six-Fold, Seven-Fold, Eight-Fold, Nine-Fold and Ten-Fold accumulator bets.
As the number of selections involved increases greater will be the risk and greater will be rewards but remember you can lose everything if you get even one of your selections wrong ( In a Ten-Fold accumulator bet you need to get all ten selections correctly to win a bet).
Lets consider a Five-Fold accumulator consisting of the following matches,
Liverpool vs Everton
Newcastle vs Sunderland
Manchester United vs Manchester City
Chelsea vs Fulham
Arsenal vs Tottenham
If you are betting 25₤ Liverpool, Sunderland, Manchester City, Fulham and Tottenham to win their respective matches at the odds of 1.5, 1.8, 1.75, 1.9 and 2.2 respectively then you will win 25 x 1.5 x 1.75 x 1.8 x 1.9 x 2.2 = 493.76₤ in return.
And if you were to get even one of your selections wrongly then you will lose the bet. Accumulator bets are hard to get but carry the advantage of a low investment for a high payout.
Correct Score Bets
As the name suggests all you need to do is correctly predict the final scoreline of a match. These chances of winning these kinda bets are really low due to the wide of possible outcomes for a game.
But these bets can return a pretty handy winning if you do manage to get it right.
Real Madrid vs Atletico Madrid
If you are betting 100₤ on a 2-1 win for Real Madrid at the odds of 1.65 you will the bet only if Real win the game 2-1. If Real 3-1, 3-0 or by any other scoreline other than 2-1 then you lose the bet.
Half Time/Full Time Bets (HT/FT)
As the name suggest you are betting on outcome of the game during both Half-Time and Full-Time. These kind of bets are particularly useful when you are betting on a game were one team is a overwhelming favorite.
There are 9 possible outcomes in this type of bet so the odds are not in your favor but if you win the rewards are mostly usually really fruitful.
Bayern Munich vs Borussia Dortmund: – Draw – Bayern Munich
You’ll win the bet if the game is a draw at Half-Time and Bayern Munich goes on to win the game at Full-Time.
First Goal Scorer (FGS)
Doesn’t even need to be explained does it? Correctly predict the first scorer of the game and you win the bet and if you think the game is going to end 0-0 then there is an option to bet on “no goal scorer”. Now what happens if the first goal is an own goal?
Most sportsbooks usually ignore the own goal and consider the next goal scored as the first goal but if the own goal is the only one of the game then the option of “no goals scorer” wins.
One more thing, if the player starts on the bench and comes on after the first goal has been scored then most sportbooks return your money.
You are betting 10₤ on Harry Kane to score first for Tottenham against Liverpool at the odds of 1.4 then you’ll get 14₤ in return if Kane scores first, simple right?
Last Goal Scorer Bets (LGS)
Same as First Goal Scorer Bets – Correctly predict the last one to score in a game and you win the bet.
Half Time Result
As the name suggests you will win the bet if you can correctly predict the half time scoreline of a game. Three possible outcomes similar to Full Time Result bets.
Derby County vs Burnley
If you are betting 10₤ on Derby to be heading into the break with the lead and if it comes true you’ll win the bet.
Draw No Bet
It similar to a Full Time Bet with the only difference being that there is no option for a draw. So you’ll have to choose between a win or a loss and if the game were to end in a draw you’ll get your money back. Pretty safe right?
Monaco vs Porto
If you are betting 10₤ on Monaco to win the game at the odds of 1.6 then you’ll win the bet Monaco do manage to win the game.
If the game were to end in a draw then you’ll get your money refunded and if the game were to end in a Porto win you’ll lose your bet.
This is a combination of FGS and Correct Score Bet. This is one of the hardest bets out there are hence are really popular among the bookies. You need to correctly predict the scoreline of the game and also predict correctly the scorer of the first goal to win the bet.
Swansea City vs Stoke City
Suppose you are predicting a 2-1 win for Swansea with the first scorer of the game being Peter Crouch, then you’ll win the bet only if both these predictions come true and if you get one or both of them wrong you’ll lose the bet.
Photos and videos featured on this post are used under a creative commons license, free to use and edit – Wikipedia Commons www.commons.wikimedia.org and Youtube permission to feature under its TOS.