How to bet on Football Glossary: Understanding Betting Regulations

Football betting can seem a bit confusing at first with all its unique terms and phrases. Just like how the sport has its language, so does betting. But don't worry, once you understand the basics, it becomes much clearer and more enjoyable. This article provides a clear and straightforward glossary to help New Zealand newcomers and seasoned bettors alike. We'll break down the most common terms you'll come across, so you can bet with confidence. Let's get started and make football betting simpler for everyone!

A-D: Essential Football Betting Terms for Kiwis

Accumulator (Acca): A bet that involves selecting multiple outcomes. All selections must win for the bet to be successful. Commonly known as an 'acca' down here!

Against the Spread (ATS): Betting on a team to either exceed or fall short of a point margin set by bookmakers. Also referred to as handicap betting in some circles.

Ante-post: Betting on events well in advance, usually referring to season-long bets or events that are weeks or months away. Get your bets in early!

Asian Handicap: A form of betting that gives one team a head start, often involving fractional handicaps to eliminate the possibility of a draw outcome. This is popular for balancing the odds.

Banker: A selection within an accumulator bet that is considered highly likely to win, forming the 'banker' of the bet.

Both Teams to Score (BTTS): A popular bet on whether both competing teams will score at least one goal during a regulation match.

Double Chance: A bet that allows you to cover two of the three possible outcomes in a football match – Win/Draw, Lose/Draw, or Win/Lose. A great way for beginners to get started.

Draw No Bet (DNB): Betting on a team to win, but if the match ends in a draw, your stake is returned. This reduces risk for NZ bettors.

E-H: More Football Betting Lingo Explained

Each Way (EW): Common in horse racing but can be applied to tournaments. You bet on a player or team to either win outright or 'place' (e.g., finish in the top 4).

European Handicap: Unlike the Asian Handicap, this type of handicap includes the possibility of a draw and typically assigns a whole number advantage or disadvantage.

First Goal Scorer: Betting on which specific player you believe will score the opening goal of a match. It’s a popular prop bet with good odds.

Full Time Result (1X2): The most common football bet. 1 represents the home team, X represents a draw, and 2 represents the away team.

Goals Over/Under: Betting on whether the total number of goals scored in a match will be over or under a specified number.

Halftime/Fulltime (HT/FT): Betting on the result at halftime and the end of the match. Both predictions must be correct to win.

Handicap: A method used by bookmakers to make a one-sided event become a more attractive betting proposition.

Head-to-Head: A bet on which of two teams will finish higher in a league or competition.

I-O

In-play Betting: Betting on an event after it has started.

Lay: Betting against a certain outcome. Commonly used in betting exchanges.

Long Shot: A bet with high odds and a low chance of winning.

Match Betting: Wagering on the outcome of a match.

Moneyline: Common in the US. Betting on which team will win, disregarding the draw.

Odds: Numbers set by bookmakers showing how likely an event is to happen. They show potential winnings compared to the bet amount. Lower odds mean higher chances of that outcome. They can be shown in different ways like 5/1, 6.00, or -150.

Odds Against: Odds that are greater than even money (e.g., 5/2 or 3.50).

Odds On: Odds that are less than even money (e.g., 1/2 or 1.50).

Outright: Betting on the winner of a league or competition.

P-W

Parlay: Another term for an accumulator.

Price: Another term for odds.

Prop Bet (Specials): Betting on specific events within a match (e.g., a player to be booked, a penalty to be awarded).

Push: When a bet results in a tie. Often occurs in Asian Handicap when the scoreline matches the handicap.

Stake: The amount of money wagered on a bet.

Treble: A single bet on three outcomes.

Value Bet: A bet where the odds are deemed to be in the bettor's favor.

Void Bet: A bet that is canceled for any reason and the stake is returned.

Wager: Another term for a bet.

This glossary covers the primary terms associated with football betting. It's essential for bettors to familiarize themselves with these terms to understand the landscape and make informed decisions. Remember, always bet responsibly and never wager more than you can afford to lose.