Football betting has indeed evolved over the years. It offers a wide selection of wagering options by simply picking the winner or predicting the total score. If you are interested in different football leagues like the Fifa World Cup, ISL, Premier League, Champions League, La Liga, and many more, OKBet has created a guide to help you get started and understand the key terminologies in football betting.
Your football betting journey starts here
When it comes to football betting, there are factors that you need to consider when placing a bet. These things are important because it will make you become a good football bettor in the future. Here are a few things that you need to know:
When visiting a sportsbook, Timing is very important. Choose a less busy time to interact with ticket writers and sportsbook employees. Avoid peak hours on weekends, typically Saturday or Sunday.
If the sportsbook has a mobile app, familiarize yourself with it before your visit. If you think you can manage betting on their application instead of traveling there, you can do this to save time and effort.
Remember that land-based sportsbooks generally operate on a cash-only basis. Ensure you have enough cash on hand to place your bets to avoid any inconveniences if ever they don’t accept debit and credit cards.
Football terminologies
Another thing that you need to familiarize yourself with is the different football terminologies. Knowing these things will help you a lot when it comes to the game itself and when you are ready to place your very first bet.
Juice (Vig): This is the commission that sportsbooks charge for accepting bets. It’s typically represented as -110. For instance, if you bet P110 on a team, you can win P100 if your bet is successful, making your total return P210.
Push: A push occurs when the outcome of your bet results in a tie, according to the point spread or total. If your bet is pushed, your initial wager is returned to you. However there are bookies that don’t return wagers if the outcome of your bet results in a tie.
Future Wager: This involves betting on long-term events, such as a team winning a division, conference, or league championship. It can also involve individual achievements like MVP awards or leading the league in specific statistics.
Parlay: A parlay is a bet that combines multiple individual wagers into one ticket. All the individual wagers must win for the parlay to pay out. The more teams or bets you include, the higher the potential payout. But if one of the teams that you include in the parlay loses, your bet will result in a loss.
Teaser: A teaser is a specialized form of parlay where the bettor is given extra points on the point spread in exchange for a reduced payout. For example, a 6-point, two-team teaser adjusts the point spreads by 6 points for each selected team.
The Hook: This term refers to winning or losing a bet by a half-point. It’s common in football, where games often end with a margin of 3 or 7 points. For instance, if you bet on an underdog at +3.5 and they lose by exactly three points, you’ve won “by the hook.”
Conclusion
In the world of football betting, the landscape has transformed from simple winner predictions to a realm of diverse wagering options that cater to both casual fans and seasoned bettors.
With the use of mobile apps, it has become more convenient to access sportsbooks, and the process has become more user-friendly than ever before.
Understanding these terms, both in sports and betting, will help you engage more confidently with the wide range of bets available, whether you’re interested in long-term team outcomes or individual accomplishments.
