However, there is no minimum for how much money you need to have in your account at one time. Your account won’t be shut down if you have a balance of zero dollars. If you choose to withdraw all your money after football season, and keep your account empty until next NFL season, you can do that.

Handicap

An option in some prop Online Betting Sportsbooks That Accept California Residents or futures markets, where bettors are allowed to wager on every entity that is not listed among the choices in that market. A bet in which a bettor does not have to pay any vig, and would receive the same amount they risked in the event of a win. Shorthand for underdog, or the side that is deemed less likely to win a sporting event. The act of betting against the consensus opinion on a sporting event, specifically against the thoughts of the betting public and mainstream sports media. Another way to describe betting against the spread, where a handicap is applied to a team in a contest. A wager where a handicap is applied to the side a bettor backs, known as a point spread.

Football Betting Terms

The bet is on who or which team will likely be ahead during the first half of a particular match or event. An expected value is something that can be calculated or estimated by bettors and represents the amount a bettor expects to win across a wager or variety of wagers. Often referred to as prop bets or special bets, exotic bets are often a wager geared towards being more entertaining.

Like all gambling culture, sports betting has a deep lexicon of slang and special vocabulary. For beginners, listening to hard-core gamblers using sports betting lingo can be like hearing a completely different language. There are many unique terms associated with sports wagering. Bookmark our glossary of betting terms and use it as a reference if you come across an unfamiliar word or phrase while placing bets.

Corners Betting: Guide To Betting On Corners

Number Spread – A spread betting term based on the number of points, runs, etc scored in a match/event. Full Cover with Singles – As a full cover bet with all individual singles, e.g. for 3 selection a Trixie is effectively a patent plus 3 single bets, so 7 bets total. Fractional Odds – Odds written as a fraction, the most common betting format in the UK. These odds show the profit you stand to win excluding your state, e.g. £10 stake at 3/1 would win you £30 plus your £10 stake back. First Past the Post – The first to pass the finish line, usually used in racing. This does not necessarily have to be the official winner if that selection is disqualified or a penalty applied post race.

Sometimes, the combined scores will land right on the total. In our example, if the score ended up being something like 34-32, then the combined score would be 66, exactly the predicted total. In these cases, no one wins the bet, and you would simply get your money back.

Similar to the previous betting market, except you’re selection can score at any time during informative post the fixture. The odds will be lower than in the previous goal market. Next up in our football betting guide, we’ll look at some common goal markets you can expect to find at different bookmakers and betting exchanges. Another self-explanatory market, in this scenario you’re simply selecting what you think the final score of a football match will be. Guessing the correct score can be quite difficult so you can expect large returns if your bet wins.