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Betting Dictionary, all betting related terms - Transparent Bets

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But the bet type might just be presented with a different name than what you are looking for. This is because some bet types are referred to differently in different parts of the world.

For a sports betting beginner, this can be rather confusing. It simply means betting on a specific team to win a game, match or other bet options.

Types of bets in football

Asian Handicap A handicap in betting means that the bookmaker has given a virtual advantage to one of the competitors. The main reason for handicapping is that the draw result is eliminated.

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With an Asian Handicap, a draw is known as a push and you are refunded part or all of your original wager. If the game ended in a draw, your stake would be returned — effectively achieving the same outcome as a Draw No Bet. Half and quarter Asian Handicaps Half and quarter asian handicap is also known as split handicap, because the initial bet is split between two handicaps.

European Handicap Also known as 3-way handicap or 1X2 handicap European handicap is basically a 3-way bet, similar to a 1X2 match result bet. In matches where there is a difference in strength between the two teams, a handicap is placed on the underdog, to even out the match.

The difference with Asian handicap, is that the EH is always an integer number.

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Instead of placing an Asian Handicap of -1,5 goals or -1,75 goals, the European handicap is always of a -1, -2, -3 etc. If you bet on a European Handicap, a draw is possible, but a European Handicap draw can only be achieved if the favorite team matches the goal handicap.

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Who wins the match is irrelevant. Bookmakers will offer odds and set a line at what they estimate the total goals or points in the match is likely to be.

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If exactly three goals are scored, your stake will be refunded. If there are three or more, you lose the bet.

Markets: 88, Bet Types: 30, Odds Levels: New depositing players on STSbet. Qualifying bet: min.

Double chance A double chance bet allows bet options to cover two of the three possible outcomes in a match with one bet. This type of bet is often offered for soccer games. When betting on a Double chance bet there are three possible options to bet on: Home or Draw 1X — Your bet will win if the home team wins or the match ends in a draw. It will lose if the away team wins.

Different bet types and their meaning

You lose if the home team wins. Your bet will lose if the match ends in a draw. If the game ends in a draw, your stake will be returned.

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Additionally, Asian handicap bet options is the same as Draw No Bet, as it also eliminates the option of a draw. Lay bet Lay betting is a bet type offered by betting exchanges and is a kind of bet where you bet on something not to happen.

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With a regular bet also known as a back bet you bet on something to happen. Lay betting basically gives bettors an option to play the role of the bookmaker, offering odds to sell a bet instead of to back a bet. Learn more about Lay betting.

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Go here to read more about additional markets bet typesrules related to markets and what markets are supported in RebelBetting products.

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