Football betting: Terms & explanations

Soccer is the best sport for betting. The reasons? It is a sport played around the world and almost all year round. From local leagues to the World Cup, football offers infinite betting options.

Do you know which is the most common type of bets?

Well, the most common and simplest football bet is the match betting. That means that you basically bet on the outcome of a match – 1X2 – where you bet on the home team to win (1), bet on draw (X) or place a bet on the away team (2).

Golden Race Virtual Football offers the largest selection of odds and, bettors can place their wagers in the different markets, select the winning team, half-time score, the correct score, total goals scored, etc.

Here, we propose you some simple explanations as a kind of beginners guide to football betting to get familiar with all the most common bet types and general betting terms.

Bet types

SINGLE BET: single bet is a bet placed on the outcome of one event.

COMBINATIONS: a combination bet is where you place multiple bets on your selections to eliminate the risk and to maximize the potential gain. You can bet on the outcome of several events, the odds of all these outcomes will be multiplied together if you win.

SYSTEM: it is placed on a number of selections but, in contrast to the combination bet, not all selections need to be guessed correctly to qualify for a return.

Football betting markets

MATCH RESULT (1X2): a bet to predict whether the home team will win, the away team will win or there will be a draw.

DOUBLE RESULT: a bet to predict the score at the halftime break and at end of a match.

DOUBLE CHANCE: a bet on two out of three possible events (Home-Draw, Away-Draw, Away-Home.

CORRECT SCORE: a bet to predict the final score of a football match, in the correct order (home – away).

TOTAL GOALS: a bet on the number of goals scored between both teams in a football match.

ASIAN HANDICAP: line betting is proposed to balance the odds and increase the possibility of winning. It differs to regular handicap betting in the way that you’re offered to bet on half- and quarter lines.

DRAW NO BET (DNB): If you place a DNB bet and the result is a draw your bet will be voided and you will retain your stake.

GOAL-GOAL / NO GOAL: a bet to predict whether at least one of the teams will not score on a full football match.

OVER/UNDER: a bet to predict whether there will be more or less than (0.5, 1.5, 2.5, 3.5 or 4.5) goals during a full football match.

1X2 HALFTIME: a bet to predict the score at the halftime break.

HALFTIME / FULLTIME: combination bet predicting the result for both halftime and fulltime.

MULTI-GOAL: a bet on the number of goals to be scored on a football match to fall within a range.

QUALIFY: a bet to predict how far in the competition the selected team will get.

FULL-TIME RESULT + OVER/UNDER: a combined bet on the outcome of the match and the number of goals scored.

Golden Race offers some of the best odds in virtual football betting since they are crafted by professional bookmakers.

Our virtual soccer is just one of our many games, we are experts in virtual sports development. Here you can learn all about Virtual Sports