A double chance is a slight variation of a Win/Draw/Win bet. Instead of just covering one outcome — a win, a loss or a draw — the double chance bet allows you to combine two outcomes in a single stake. The only outcome which results in a lost bet is a loss.

Doubling-up
The basis of some widely used systems. After a loss, the player doubles the size of his previous bet hoping to win back the money lost and make a profit. Also known as a Martingale system.

Draw No Bet (DNB)
A Draw no bet simply means that if the match ends in a draw your stake is returned. If they were to lose then the bet would also lose.

Edge
The advantage you have.

First Goal Scorer
A first “goal scorer” bet is when you guess which player will hit the back of the net first. If any other player beats your selection to the task, then your bet is a failure.

Fold
A fold indicates the number of selections in an accumulator (e.g. 5-Fold = 5 selections).

Form
Past performances used to give an indication of the team’s chances.

Form Player
A punter who makes selections from past performance (often via a computer-based system).

Futures
Odds offered on winners of sporting events in advance of the event itself (see Ante Post).

Goals Markets(GG)
Goals betting markets allow you to stake on variables such as who will score, who will score first, and whether or not both teams will manage to score.

Goals
With over and under goals bet types you’re staking on how many goals you think there will be in a game. These are normally broken down into 0.5, 1.5, 2.5, 3.5, 4.3, and 5.5 margins. You can bet on whether you think the game will produce over or under 0.5 goals, over or under 2.5, 3.5, and so on and so on.

For each goal margin, you choose to stake for, add a 0.5 margin to that stake. If the final goals outcome in the football game matches or exceeds your stake type plus the added 0.5 margin, then you are a winner.

Goliath
A multiple consisting of 247 bets (28 doubles, 56 trebles, 70 4-folds, 56 5-folds, 28 6-folds, 8 7-folds and 1 8-fold) involving 8 selections in different events.

Halftime bet
A bet made after the first half ended and before the second half begins (football and basketball primarily). The oddsmaker generally starts with half of the game side/total and adjusts based on what happened in the first half.

Handicap Betting
A handicap bet involves one team starting the game with more or fewer points as to try to even out the advantage that one team has over the other. There are different forms of handicap bets as shown below.

Handicap (HH)
This where you give a stronger team lesser points against a lesser team. You can give -1 to -10 if you think your team will beat their opponent with a 2–11 goals margin to win the football match in 90 minutes play.

Handicapper
A person trying to predict the winners of an event.

Heinz
A multiple bet consisting of 57 bets (15 doubles, 20 trebles, 15 4-folds, 6 5-folds and 1 6-fold) involving 6 teams in different matches.

Juice
The commission paid to the bookmaker (also known as over round).

Lock
Sure or easy winner.

Long Odds
Odds (e.g. 100 to 1) offered against a team or play unlikely to win or occur.

Longshot
The outsider or unfancied team, usually against which “long odds” have been offered.

Minute Markets
Minute Markets allow you to stake on events such as the number goals, the number of corners, fouls or sometimes even shots that will take place within a given time period. These time periods vary from bookmaker to bookmaker. However, they will normally be set at either 10 or 15-minute intervals.

Odds
The bookmaker’s view of the chance of a team winning or event happening (adjusted to include a profit).

Popular Betting Terms Explained

These days, the betting opportunities available online is staggering. There are so many different types of bets and popular betting terms nowadays that learning what each of them means and knowing how and when to use them to your advantage is a bit of a daunting task. Feel free to use this post as your guide/dictionary when navigating the world of sports betting.

In this post, we would identify the most popular betting terms used in football, and in the next series, we would go ahead to explain how and when to use them to your advantage to get winning returns and benefit from your subscription from jolloftips™.

Never forget, all stakes in football game expires after the 90 minutes play. So here we go:

Accumulator Bets (ACCA)

This is a single bet that combines at least two to infinite different selections. In order for the bet to pay out the final result of each selection has to be correct — if just one result isn’t as you predicated then the stake is lost.

Alternative Asian Handicap (AAH)

Alternative Asian Handicaps are all the other results that aren’t covered by a normal handicap or Asian handicap bet.

Ante-Post

Ante-post prices are those offered prior to the day of the event itself. In return for the chance of better odds, punters risk the fact that stakes are not returned if their selection pulls out.

Anytime Goal Scorer

This is when you bet on a specific player to score a goal at some point in the fixture. When, or even how they score is not important here, just as long as your selection manages to beat the keeper within 90 mins then your bet will be successful.

Arbitrage

Where a variation in odds available allows a punter to back both sides and guarantee a win.

Asian Handicap (AH)

Asian Handicap bets work in pretty much the same way as a normal handicap. The only difference here is that if your selection fails to overcome the handicap and the game ends as a draw your stake is returned.

ATS
Against the spread.

Banker
A “sure thing” bet. An almost guaranteed winner. A “Lock”. Also, in permutation bets, the banker is a selection that must win to guarantee any returns.

Bettor
Someone who has a bet. A “punter” in the UK.

Book
A bookie’s tally of amounts bet on each game, competition, etc. & odds necessary to assure him of profit.

Bookmaker or Bookie

A person or company who accepts bets from the public, usually on racing or sports events.

Both Teams to Score (BTTS)
A “both teams to score” bet is where you think both teams are likely to score in a football game. If both teams end up scoring, then your stake is a winner.

Both Teams to Score + Win
You still select whether you think both teams will score or not, however you also combine it with whether you think a team will win as well.

Canadian
A multiple bet consisting of 26 bets (10 doubles, 10 trebles, 5 4-folds and 1 5-fold) with 5 selections in different events (also known as a “Super Yankee”).

Cards
Most bookmakers will also allow you to bet on how many cards you think a game will produce. The margins will vary from bookmaker to bookmaker, however, an example would be where you bet on between 0–20 bookings, 21–40, or 41+.

Chalk Player
Someone who usually only stakes on the favourites.

Clean Sheet Y/N
Clean sheets markets are when you can bet on either the home or away side to go the full 90 mins without conceding a goal.

Correct Score
This kind of bet requires a punter to guess the exact final score of a fixture. It’s a bet type that normally brings good value as guessing the correct final score of a fixture is particularly difficult.

Corners
Many bookmakers will give you the chance to stake on how many corners you think there will be in a game. The different margins will vary depending on the bookmaker, however, a common split could be 0–9 corners, 10–12 and 13+.


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