Football betting is similar to other forms of sports betting such as horseracing, basketball, or baseball. There is one big difference between football betting and all the other forms of betting which is that the people can bet irrespective of the type of sport the event is in. Even if the event is not possible to pull off, one can still bet. Another difference is that you do not put money on the line with every single bet, but there are different kinds of bets to be made. The kinds of bets are also classified as conservative, moderate and aggressive. A continuation bet or cover wager is the kind of bet you would make if you are trying to protect your money and take maximum profits out of your betting. Similar to other types of betting, you can also bet what you want or how you want. However, it would be prudent to read all the odds and be certain of the policies and circumstances at the time of betting.
There are various kinds of bets you can make in football betting. Given below are the definitions of the most common type of bets accepted among football bettors.
Straight Wager – A single bet on a single match.
Point Spread – The difference between the points a bookmaker chooses to set and the number of points a bettor needs to bet to win an amount equal to the handicap (also known as the handicap squared).
Total – The sum of the points scored by both of the teams.
Over/Under – The difference between the bookmaker’s total and the predicted total.
Parlay – A bet that combines multiple bets on different games. Normally, in an over/under bet, you would add together the points you bet on. In a parlay bet, you would take the result of one bet and the result of another bet and add them together resulting in a total.
Future – Similar to the term ‘Dewavegas‘, but the bet is made at a later date.
There are two types of bets that bookies offer. They are called round robins and straight bets. A round robin is a single bet on a single game. It is usually placed as the betting minimum. It is made on the same day the game is scheduled to take place. Against the randomly chosen number, you would bet an amount equal to the bookkeeper’s slot. If the number comes up, you win. Otherwise, you lose.
A straight bet is like a parlay, where you’d add the results of your bets to make a single bet. With a straight bet, you are betting on one particular result. This could be a team to win the game, the total scores, or whether the number of goals would be over or under a certain number.
With these three types of bets, you can make a profit steadily by placing your bets in the same way each time. However, to make a steady profit, you would also need to analyze the statistics and the other facts. This will also add to your advantage and help you to make well studied decisions. The key to winning in football betting is the same as it is for other types of sports betting. The outcome of the statistics and facts should be the basis on which you place your bets. No player would wish to take a chance with their life when it comes to matters of betting.