Outright Betting
Outright betting is one of the most straight-forward bet types there are. Here, you now have the option to stake on alternative markets such as which players will get transferred at the end of the season, which managers will get the boot, and which sides you think will be relegated or promoted. Outright bets are normally placed before the season or competition starts, but they can also be placed while it’s already underway.
Over/Under
One of the very popular betting terms known to seasoned bettors. There are lots of different kind of stats that fall into this category, especially when it comes to online football betting. An over/under bet type could apply to the number of goals, the number of cards, corners or even the number of fouls. What you’re doing here is staking on whether or not you think a statistic will be over or under a given figure.
Parlay
A term for an accumulator bet in the US. Also, a stake on two or more teams in which both must win or “cover” for the bet to be lucrative.
Patent
A multiple bet consisting of 7 bets involving 3 selections in different events. A single on each selection, plus 3 doubles and 1 treble.
Penalties
Depending on the bookmaker, special penalties markets can differ. Whereas some may allow you bet on whether or not the game will produce a penalty, others will allow you to bet on which team you think it will be to and whether or not it will be converted.
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).
Odds-against
Where the odds are greater than evens (eg “5 to 2”).

Odds-on
Where the odds are shorter than evens (eg “4 to 6”). If the selection wins, the amount won is less than the amount staked (don’t forget, you get your stake
back as well!).Odd/Even
This is simply when you stake on whether the total number of goals produced in a game will be an on or an even number.

Permutations
It is possible to “perm” bets or selections (e.g. on 4 selections all the possible doubles could be “permed” making 6 bets).
Picks
Also known as “tips”, picks are the recommended bets from an “expert”.
Promotion and Relegation
This is where you simply bet on which team(s) you think will be promoted or relegated at the end of the season. You can bet on a single or combine different teams that you think will be promoted or relegated as an accumulator.
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