Betting Types

The 1×2 betting market is one of the simplest and most popular types of bets in sports betting. It’s commonly used in soccer (football) matches but can also apply to other sports like rugby, hockey, or even eSports.

Here’s what each of the outcomes represents:

1 stands for the home team winning.

x stands for a draw or a tie.

2 stands for the away team winning.

So, in a 1×2 bet, you are predicting the outcome of the match. Let’s say there’s a soccer match between Team A and Team B. If you bet on:

1 (home team winning): You win if Team A wins the match.

x (draw): You win if the match ends in a draw.

2 (away team winning): You win if Team B wins the match.

For example, if you place a 200 ETB bet on 1 (home team winning) at odds of 2.50, and the home team wins, your payout would be:

Payout = Bet Amount × Odds = 200 × 2.50 = 500 ETB

Conversely, if you bet on the home team and they lose or the match ends in a draw, you would lose your bet.

Remember, odds represent the potential return you’ll receive for your bet. Higher odds usually indicate a less likely outcome but offer a higher potential payout if successful.

The Over/Under (O/U) betting market, also known as Total Goals or Totals, is another popular type of bet in sports betting, especially in soccer, basketball, American football, and hockey. It involves predicting whether the total number of points or goals scored in a game will be over or under a certain number set by the bookmaker.

Here’s how it works:

– The bookmaker sets a line (a number) representing the total number of goals or points they expect to be scored in the game.

– You can then bet on whether the actual total will be over or under that line.

Let’s take a soccer match as an example. The bookmaker sets the Over/Under line for total goals scored in the match at 2.5 goals. If you bet:

– Over 2.5 goals: You win if the total number of goals scored in the match is 3 or more.

– Under 2.5 goals: You win if the total number of goals scored in the match is 2 or fewer.

If the match ends with exactly 2 goals scored, the bet is a push, and your stake is refunded.

For example, if you bet 200 ETB on Over 2.5 goals at odds of 2.00 and the match ends with a score of 2-1, your payout would be:

Payout = Bet Amount × Odds = 200 × 2.00 = 400 ETB

Conversely, if you bet on Over 2.5 goals and the match ends 1-0, you would lose your bet.

Similarly, if you bet on Under 2.5 goals and the match ends 0-0 or 1-1, you win the bet. If the match ends with 3 or more goals scored, you lose the bet.

The Over/Under market offers a straightforward way to bet on the overall scoring intensity of a game without predicting the winner.

The Double Chance market is another type of bet commonly used in sports betting, particularly in soccer. It provides you with the opportunity to cover two of the three possible outcomes of a match within a single bet.

Here’s how it works:

– You have three possible outcomes in a soccer match: Home Win (1), Draw (X), and Away Win (2).

– In the Double Chance market, you can bet on two of these outcomes simultaneously.

There are three options in the Double Chance market:

  1. *Home Win or Draw (1X)*: You win if the home team wins the match or if the match ends in a draw.
  2. *Away Win or Draw (X2)*: You win if the away team wins the match or if the match ends in a draw.
  3. *Home Win or Away Win (12)*: You win if either the home team or the away team wins the match, regardless of whether it’s a draw.

Let’s take an example:

In a soccer match between Team A and Team B, you might bet on:

– 1X: You win if Team A wins or if the match ends in a draw.

– X2: You win if Team B wins or if the match ends in a draw.

– 12: You win if either Team A or Team B wins the match (a draw would result in a loss).

For example, if you bet 200 ETB on 1X at odds of 1.50 and the match ends in a draw, your payout would be:

Payout = Bet Amount × Odds = 200 × 1.50 = 300 ETB

Conversely, if you bet on 1X and Team B wins the match, you would lose your bet.

The Double Chance market offers a way to reduce risk by covering two of the three possible outcomes, albeit with slightly lower odds compared to betting on just one outcome.

The GG/NG market, also known as Both Teams to Score (BTTS), is a popular type of bet primarily used in soccer. It involves predicting whether both teams will score at least one goal in the match (GG – Goal Goal), or if at least one team will fail to score (NG – No Goal).

Here’s how it works:

– GG (Goal Goal): You win if both teams score at least one goal each during the match.

– NG (No Goal): You win if at least one team fails to score any goals during the match.

Let’s illustrate with an example:

In a soccer match between Team A and Team B, if you bet on GG:

– You win if both Team A and Team B score at least one goal each.

– You lose if at least one of the teams fails to score any goals, regardless of the outcome of the match.

Conversely, if you bet on NG:

– You win if at least one of the teams fails to score any goals.

– You lose if both teams score at least one goal each.

For instance, if you bet 200 ETB on GG at odds of 2.00, and the final score is 2-1 in favor of Team A, your payout would be:

Payout = Bet Amount × Odds = 200 × 2.00 = 400 ETB

However, if you bet on NG and the final score is 0-0, you would win the bet.

The GG/NG market offers a straightforward way to bet on whether both teams will find the back of the net during a soccer match. It’s a popular market for those looking for an exciting and potentially high-scoring game.

The GG/NG market, also known as Both Teams to Score (BTTS), is a popular type of bet primarily used in soccer. It involves predicting whether both teams will score at least one goal in the match (GG – Goal Goal), or if at least one team will fail to score (NG – No Goal).

Here’s how it works:

– GG (Goal Goal): You win if both teams score at least one goal each during the match.

– NG (No Goal): You win if at least one team fails to score any goals during the match.

Let’s illustrate with an example:

In a soccer match between Team A and Team B, if you bet on GG:

– You win if both Team A and Team B score at least one goal each.

– You lose if at least one of the teams fails to score any goals, regardless of the outcome of the match.

Conversely, if you bet on NG:

– You win if at least one of the teams fails to score any goals.

– You lose if both teams score at least one goal each.

For instance, if you bet 200 ETB on GG at odds of 2.00, and the final score is 2-1 in favor of Team A, your payout would be:

Payout = Bet Amount × Odds = 200 × 2.00 = 400 ETB

However, if you bet on NG and the final score is 0-0, you would win the bet.

The GG/NG market offers a straightforward way to bet on whether both teams will find the back of the net during a soccer match. It’s a popular market for those looking for an exciting and potentially high-scoring game.

The “Highest Scoring Half” market is a type of bet where you predict which half of the match will have the most goals scored. Typically, you can bet on either the first half (1H), the second half (2H), or both halves being equal (Equal).

Here’s how it works:

– 1H: You win if more goals are scored in the first half than in the second half or if the first and second halves have an equal number of goals.

– 2H: You win if more goals are scored in the second half than in the first half.

– Equal: You win if the number of goals scored in both halves is equal.

For example, let’s say there’s a soccer match between Team A and Team B. If you bet on 1H with a stake of 200 ETB and the odds of 2.00, and the first half ends with a score of 2-1 in favor of Team A while the second half ends with no goals, your payout would be:

Payout = Bet Amount × Odds = 200 × 2.00 = 400 ETB

Conversely, if you bet on 1H and the second half has more goals or if both halves have the same number of goals, you would win your bet.

The Highest Scoring Half market offers an alternative way to bet on the timing of goals in a match, providing bettors with more options and opportunities for wagering.

The Correct Score market is a type of bet where you predict the exact final score of a match. It’s a challenging yet potentially rewarding bet because you need to accurately forecast the precise outcome of the game.

Here’s how it works:

– You choose a specific scoreline for the match, such as 1-0, 2-1, 3-2, etc.

– If the final score of the match matches your prediction, you win the bet.

– If the final score is different from your prediction, you lose the bet.

Correct score betting typically offers high odds because of its difficulty. The more specific your prediction, the higher the potential payout.

For example, let’s say there’s a soccer match between Team A and Team B. You decide to bet on the correct score of 2-1 in favor of Team A. If the final score indeed turns out to be 2-1, you win the bet.

However, if the final score is any other outcome, such as 1-0, 1-1, 3-0, etc., you would lose the bet.

Correct Score betting requires careful analysis of both teams’ strengths and weaknesses, as well as factors such as recent form, injuries, and tactical considerations. It’s often favored by experienced bettors who are confident in their ability to make accurate predictions.

The “Which Team to Score” market is a type of bet where you predict whether a specific team will score a goal during the match or not. It’s a straightforward bet that focuses on the goal-scoring capability of individual teams.

Here’s how it works:

– You select one of the teams involved in the match (usually the home team or the away team).

– You predict whether that selected team will score at least one goal during the match (Yes), or if they will fail to score any goals (No).

For example, let’s say there’s a soccer match between Team A and Team B. If you bet on Team A to score (Yes) and they score at least one goal during the match, you win the bet. Conversely, if Team A fails to score any goals, you lose the bet.

Similarly, if you bet on Team B to score (Yes) and they score at least one goal during the match, you win the bet. If Team B fails to score any goals, you lose the bet.

This market allows bettors to focus specifically on the goal-scoring performance of a particular team, rather than predicting the overall outcome of the match. It’s a popular option for those who have insights into teams’ attacking strengths and defensive vulnerabilities.

European Handicap, also known as “Single Handicap” or “1X2 Handicap,” is a type of betting market where one team receives a virtual advantage or disadvantage in terms of goals before the match starts. It’s commonly used to level the playing field in matches where one team is heavily favored over the other.

Here’s how it works:

– The favored team (the one expected to win) starts with a negative handicap, meaning they must win by a certain margin for the bet to be successful.

– The underdog team (the one expected to lose) starts with a positive handicap, meaning they can either win the match outright or lose by less than the specified margin for the bet to win.

There are three possible outcomes in European Handicap betting:

  1. Home Team Win: If you bet on the home team and they win after applying the handicap.
  2. Draw: If you bet on the draw and the final result, after applying the handicap, leads to a tie.
  3. Away Team Win: If you bet on the away team and they win after applying the handicap.

For example, let’s say there’s a soccer match between Team A and Team B. Team A is considered the stronger team, so they have a negative handicap, while Team B has a positive handicap.

– If you bet on Team A with a handicap of -1, they must win by at least two goals for your bet to be successful.

– If you bet on Team B with a handicap of +1, they must either win the match outright or lose by no more than one goal for your bet to be successful.

European Handicap betting offers an alternative way to bet on matches where one team is heavily favored, providing more balanced odds by incorporating handicaps. It’s important to understand the handicap and its implications on the outcome of the match before placing your bet.

The “First 10 Minutes 1×2” market is a type of bet where you predict the outcome of the match within the first 10 minutes of play. It’s a niche betting market that focuses specifically on the early stages of the game.

Here’s how it works:

– You choose one of the three possible outcomes: Home Team Win (1), Draw (X), or Away Team Win (2).

– The outcome is determined based on the score at the end of the first 10 minutes of the match.

For example, if you bet on Home Team Win (1) in the First 10 Minutes 1×2 market and the home team scores a goal within the first 10 minutes, you win the bet. If the first 10 minutes end in a draw or the away team scores a goal, you lose the bet.

This market offers a quick and exciting way to bet on the match’s early stages, providing an alternative option for bettors who want to focus specifically on the opening moments of the game. However, it’s essential to note that outcomes in the first 10 minutes can be unpredictable, so it’s crucial to consider various factors before placing your bet.

The “HT U/O” market, also known as Half Time Over/Under, is a type of bet where you predict whether the total number of goals scored in the first half of the match will be over or under a certain number set by the bookmaker.

Here’s how it works:

– The bookmaker sets a line (a number) representing the total number of goals they expect to be scored in the first half of the match.

– You can then bet on whether the actual total will be over or under that line.

For example, let’s say the bookmaker sets the Half Time Over/Under line at 1.5 goals. If you bet:

– Over 1.5 goals: You win if two or more goals are scored in the first half.

– Under 1.5 goals: You win if one or fewer goals are scored in the first half.

If exactly two goals are scored in the first half, the bet is a push, and your stake is refunded.

For instance, if you bet 200 ETB on Over 1.5 goals at odds of 2.00 and the first half ends with a score of 1-1, your payout would be:

Payout = Bet Amount × Odds = 200 × 2.00 = 400 ETB

Conversely, if you bet on Over 1.5 goals and the first half ends with a score of 0-0, you would lose your bet.

The Half Time Over/Under market offers bettors the chance to focus specifically on the scoring intensity in the first half of the match, providing a different dimension to their betting strategy.

Total Goals Ranges is a betting market where you predict the total number of goals scored in a match to fall within a specified range. Instead of predicting an exact number of goals, you bet on a broader interval or range of goals.

Here’s how it typically works:

– The bookmaker sets several predefined ranges of total goals scored in the match, such as 0-1 goals, 2-3 goals, 4-5 goals, etc.

– You choose which range you believe the total number of goals scored in the match will fall into.

For example, if you bet on the “2-3 goals” range and the match ends with a score of 2-1 or 1-2, you win the bet. However, if the match ends with fewer than two goals scored (0-0 or 1-0) or more than three goals scored (4-0 or 3-2), you would lose the bet.

Total Goals Ranges betting offers a more flexible approach compared to predicting the exact number of goals. It allows bettors to account for a wider spectrum of potential outcomes, which can be particularly useful in matches where the scoring pattern may be unpredictable.

“FT DC & U/O” refers to a combination bet involving both the Full Time Double Chance (FT DC) market and the Full Time Over/Under (U/O) market. Let’s break down each component:

  1. *Full Time Double Chance (FT DC)*:

   In the Double Chance market, you predict the outcome of the match while having two out of three possible outcomes covered. The options are typically:

   – Home Team Win or Draw (1X)

   – Away Team Win or Draw (X2)

   – Home Team Win or Away Team Win (12)

   This market allows you to reduce risk by covering two potential outcomes, but typically with lower odds compared to betting on a single outcome.

“FT DC GG/NG” is a combination bet that involves the Full Time Double Chance (FT DC) market and the Both Teams to Score (BTTS) or No Goals (NG) market.

Let’s break down each component:

  1. *Full Time Double Chance (FT DC)*:

   In the Double Chance market, you predict the outcome of the match while having two out of three possible outcomes covered. The options are typically:

   – Home Team Win or Draw (1X)

   – Away Team Win or Draw (X2)

   – Home Team Win or Away Team Win (12)

   This market allows you to reduce risk by covering two potential outcomes, but typically with lower odds compared to betting on a single outcome.

  1. *Both Teams to Score (BTTS) or No Goals (NG)*:

   In the BTTS market, you predict whether both teams will score at least one goal each during the match. The options are typically:

   – Both teams to score (BTTS or GG)

   – No goals to be scored by either team (NG)

   This market focuses on whether both teams will find the back of the net during the match.

Combining both markets, “FT DC GG/NG” implies that you’re making a bet on both the outcome of the match (in terms of double chance) and whether both teams will score or not.

For example, if you bet on “Home Team Win or Draw (1X)” in the Full Time Double Chance market and “Both Teams to Score (BTTS or GG)” in the BTTS market, you would win your bet if either the home team wins or the match ends in a draw, and if both teams score at least one goal each during the match.

This combination bet offers a more diversified approach to betting, allowing you to cover both the outcome of the match and the likelihood of both teams scoring. However, it’s essential to consider the specific conditions and odds of each market before placing your bet.

   In the Over/Under market, you predict whether the total number of goals scored in the entire match will be over or under a certain number set by the bookmaker. Common options include:

   – Over a specified number of goals (e.g., Over 2.5 goals)

   – Under a specified number of goals (e.g., Under 2.5 goals)

   This market allows you to bet on the overall scoring intensity of the match without predicting the exact score or winner.

Combining both markets, “FT DC & U/O” implies that you’re making a bet on both the outcome of the match (in terms of double chance) and the total goals scored (in terms of over/under), possibly within the full-time duration of the match.

For example, if you bet on “Home Team Win or Draw (1X)” in the Full Time Double Chance market and “Under 2.5 goals” in the Full Time Over/Under market, you would win your bet if either the home team wins or the match ends in a draw, and if the total goals scored in the match are two or fewer.

This combination bet offers a more diversified approach to betting, allowing you to cover multiple aspects of the match’s outcome and potentially increase your chances of winning. However, it’s essential to consider the specific conditions and odds of each market before placing your bet.

“FT 1×2 & GG/NG” is a combination bet that involves the Full Time 1×2 market and the Both Teams to Score (BTTS) or No Goals (NG) market.

Let’s break down each component:

  1. *Full Time 1×2 (FT 1×2)*:

   In the 1×2 market, you predict the outcome of the match in terms of the final result. The options are typically:

   – Home Team Win (1)

   – Draw (X)

   – Away Team Win (2)

   This market focuses on predicting which team will win the match or if it will end in a draw.

  1. *Both Teams to Score (BTTS) or No Goals (NG)*:

   In the BTTS market, you predict whether both teams will score at least one goal each during the match. The options are typically:

   – Both teams to score (BTTS or GG)

   – No goals to be scored by either team (NG)

   This market focuses on whether both teams will find the back of the net during the match.

Combining both markets, “FT 1×2 & GG/NG” implies that you’re making a bet on both the outcome of the match (in terms of 1×2) and whether both teams will score or not.

For example, if you bet on “Home Team Win (1)” in the Full Time 1×2 market and “Both Teams to Score (BTTS or GG)” in the BTTS market, you would win your bet if the home team wins the match and both teams score at least one goal each during the match.

This combination bet offers a more diversified approach to betting, allowing you to cover both the outcome of the match and the likelihood of both teams scoring. However, it’s essential to consider the specific conditions and odds of each market before placing your bet.

Combining the “Both Teams to Score” (GG) market with the “Over/Under 2.5 goals” (U/O 2.5) market offers a comprehensive approach to betting on a match’s scoring dynamics.

Here’s what each component entails:

  1. *Both Teams to Score (GG)*:

   – In this market, you predict whether both teams will score at least one goal each during the match.

   – If you choose “GG” and both teams score at least one goal each, you win the bet. If only one team scores or neither team scores, you lose the bet.

  1. *Over/Under 2.5 goals (U/O 2.5)*:

   – In this market, you predict whether the total number of goals scored in the match will be over or under 2.5 goals.

   – If you choose “Over 2.5 goals,” the total number of goals scored in the match must be three or more for you to win the bet. If it’s two or fewer, you lose the bet.

   – If you choose “Under 2.5 goals,” the total number of goals scored in the match must be two or fewer for you to win the bet. If it’s three or more, you lose the bet.

Combining these markets, you would be predicting both whether both teams will score and whether the total goals scored in the match will exceed 2.5 goals.

For example:

– If you bet on “GG & Over 2.5 goals” and the final score is 2-1, 3-1, 2-2, etc., you win both bets because both teams scored, and the total goals exceeded 2.5.

– If you bet on “GG & Under 2.5 goals” and the final score is 1-1, 2-0, 1-0, etc., you win the “GG” bet because both teams scored, but you lose the “Under 2.5 goals” bet because the total goals scored are two or fewer.

This combination bet allows you to cover multiple aspects of the match’s scoring dynamics, providing a more diversified betting approach.

Asian Handicap is a type of betting market that originated in Asia and is now popular worldwide. It’s designed to eliminate the possibility of a draw, providing more balanced odds by giving one team a virtual advantage or disadvantage before the match starts.

Here’s how it works:

  1. *Handicap Line*:

   – The bookmaker sets a handicap line, which represents the goal advantage or disadvantage given to each team. This can be expressed as a whole number, decimal, or fraction.

  1. *Team with Handicap*:

   – The team with a minus (-) handicap is considered the favorite, and they must win by a margin greater than the handicap for bets on them to win.

   – The team with a plus (+) handicap is considered the underdog, and they must either win the match outright or lose by a margin less than the handicap for bets on them to win.

  1. *Possible Outcomes*:

   – If the match ends in a draw after applying the handicap, bets are refunded (void).

   – If the team with the minus handicap wins by a margin equal to the handicap, bets are refunded (void).

   – If the team with the plus handicap loses by a margin equal to the handicap, bets are refunded (void).

Here are some common examples:

– *Asian Handicap -0.5*: The favored team must win the match to win the bet. If the match ends in a draw, bets on the favored team lose.

– *Asian Handicap +1.5*: The underdog team can either win the match or lose by one goal for bets on them to win. If they lose by two or more goals, bets on the underdog lose.

– *Asian Handicap 0*: This is similar to the Draw No Bet market. If the match ends in a draw, bets are refunded.

Asian Handicap betting offers a way to reduce the influence of luck and provide more balanced odds, especially in matches where one team is heavily favored over the other. It’s a popular choice among bettors seeking more precise and strategic wagering options.

“Draw No Bet” (DNB) is a type of betting market that eliminates the possibility of a draw, providing bettors with additional security by offering a refund (void bet) if the match ends in a draw.

Here’s how it works:

– You choose a team to bet on, either the home team or the away team.

– If the team you bet on wins the match, your bet is a winner, and you receive the payout based on the odds.

– If the match ends in a draw, your stake is refunded, and the bet is considered void. You neither win nor lose any money.

– If the team you bet on loses the match, you lose your bet.

For example, let’s say you place a Draw No Bet bet on the home team with a stake of 100 ETB at odds of 2.00. If the home team wins, your payout would be:

Payout = Bet Amount × Odds = 100 × 2.00 = 200 ETB

If the match ends in a draw, your stake of 100 ETB would be refunded, and you wouldn’t lose any money.

If the away team wins the match, you would lose your bet.

Draw No Bet is a popular market for bettors who want to minimize the risk of losing their stake due to a draw while still having the opportunity to bet on a specific outcome of the match. It provides a level of insurance against draws, offering a compromise between the potential payout and risk.