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BETTING HELP

Football Statistics, Premiership Statistics, Betting Guide, & Soccer Betting System

Free Football DownloadsFootball statistics provide the soccer betting punter with an extra and powerfull item in their armoury. 1X2Monster offers you FREE help in the form of a Betting Guide and comprehensive help and descriptions for every Football statistics method used by 1X2Monster.

Please see below for more information…

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This material has been taken from Fixed Odds Sports Betting: Statistical Forecasting and Risk Management, by Joseph Buchdahl, 2003, published by High Stakes Ltd. Joseph Buchdahl runs the website Football-Data, supplying computer-ready results, statistics and betting odds data for the development of football betting systems.

You can visit the Football-Data website by clicking on this link

 

Fixed Odds Football Betting Markets

 

Match Betting

The most popular and common fixed odds betting market is match betting. In standard match bets between two teams, winning odds are available for both, and the wager will either win or lose depending on the outcome of the event. Since a significant proportion of games end without any winner, the “draw” is offered as a betting option. This means that if the match is drawn, only “draw” bets will win, and bets on either team to win will not be due any return. Football fixed odds match betting is sometimes known as 1X2 betting. On fixed odd coupons, a “1” denotes the home team, with the away team represented by a “2” and the draw by an X.

 

Double Chance

Occasionally, bookmakers may reduce the 3 outcomes for a football match to 2, by what is known as “Double Chance” betting, where a single price is offered on a win or draw. If the backed team wins or draws, the bet wins; if the team loses, so does the bet. With double chance bets there is no possibility for the draw. The win/draw odds will always be shorter than for both the individual win and draw odds, because the chances of either outcome occurring are greater than for each one separately.

 

Over/Under

An increasingly popular football fixed odds market is total goals betting, sometimes known as over/under. A commonly available over/under bet available in football is over/under 2.5 goals. By introducing a decimal, this removes the possibility of a draw, leaving only two possible outcomes. Some bookmakers like to introduce an extra outcome to the book. 3 outcomes might include: fewer than 2 goals; exactly 2 goals; and more than 2 goals. Other bookmakers introduce even more, although this is with a view to increasing their profit margin on the book.

 

Correct Score

Correct score betting is popular with football, where the total number of typical scores is limited. The odds are dependent on the actual match odds between the two teams. For example, Arsenal, if quoted at 4/9 to beat Newcastle at home, would be in the region of 6/1 to win the game 1-0. In contrast, Bolton, 7/2 to beat Manchester United at home, would be around 10/1 to win 1-0. Bolton are perceived as having a much smaller chance of winning than Arsenal, and therefore their odds to win 1-0, or indeed by any score, are greater. Very often, correct score books are offered together with the first goal scorer in a game. These bets are known as “Scorecast”.

 

Double Result

Some bookmakers now offer books for the half-time result only, and more typically the “double result”, that is, the result at both half-time and full-time. For football matches this means a total of 9 betting possibilities is commonly available. This is a popular alternative to simply backing an outright result, which may often be at unattractively short odds. Obviously the risk is greater since there are more possible outcomes (9 as compared to 3 with standard match betting), but consequently the odds are better. The highest odds are obviously available for the home team to be winning at half-time and the away team to win after 90 minutes. Typically, odds of 28/1 can be found for this unlikely double result, and can be even higher if the home team is a strong favourite.

 

Each Way

In contests with large fields, even the shorter-priced favourites may have quite high odds. To increase the chances of a punter winning something from this bet, it may be offered each way. Each way bets are actually two bets, one for the win and one for a high placing, and are settled as two bets. The place part is calculated at a fraction of the win odds. This fraction will vary by sport and event, and will always be displayed where each way betting is available. In a football tournament the each way part is usually settled at half odds for 1st and 2nd place only. Consider a £10 each way bet on England to win the World Cup at 10/1. If England win, a £150 profit would be made; £100 for the win at 10/1 and £50 for finishing in the top 2 at 5/1. If England lost in the final, the profit would only be £40; £50 from the place part minus the £10 stake lost on the win.

 

Handicaps

For some sporting contests, there may be an overwhelming favourite, with virtually no possibility of losing. By introducing a handicap, this increases the chances of being able to win the bet by backing either side. The idea, as with most handicaps, is to give both sides a reasonably even chance of winning by giving the underdog a start. Handicap betting in football is constructed by awarding the underdog a head start of a certain number of goals. This might be 1 or 2 goals, or it might be 0.5 or 1.5 goals. Conversely, some bookmakers penalise the favourite by giving them a negative handicap (-0.5, -1, -1.5 or -2 goals). A wager is then settled by adding the handicap to that actual number of goals each side scores.

 

For fractional handicaps (0.5, 1.5 etc.), there is no possibility of a draw. If the margin of victory is same as the quoted handicap, all bets on the selected team will lose. There is no possibility for a betting tie or stake refund in standard handicap betting.

 

Asian Handicaps

For most fixed odds betting, there is no such thing as a betting tie. To some, this scenario may seem a little too risky. Bets either win or lose – there is no half-way house. Asian handicap betting introduces a number of other scenarios into the betting outcome, where stakes are either returned with no profit or the bet is settled as a split stakes bet, with half winning and half losing.

 

Asian handicaps are, as the name suggests, a special type of handicap betting popular in the Far East and commonly used in football betting. In addition to typical +1, 0, and -1 handicaps seen in standard handicap football match betting, Asian handicap allows for a ¼ goal, ½ goal and a ¾ goal start. These are sometimes called ¼ ball, ½ ball and ¾ ball. On the face of it this may not seem to make a lot of sense, since any team that beats (or loses to) a ½ goal start will also beat (or lose to) a ¼ goal start. However, there is more to ¼ and ¾ ball betting than meets the eye.

 

As for normal handicap betting, the underdog will be awarded a head start of a handicap, and the favourite will concede a handicap of the same magnitude. For the purposes of bet settlement, the predetermined number of the handicap will be added to the real number of goals. Where no handicap is awarded (0:0 handicap), a drawn game will result in a tied bet and returned stakes. If either side win, bets backing that team will win, whilst bets backing the other will lose. Similar rules apply for 1 goal (0:1) and 2 goal (0:2) Asian handicaps. When ½ ball handicaps are applied, bets can only be won or lost – a tied bet is impossible. If the handicap is set at ¼ (or ¾, 1¼, 1¾ etc) of a goal, then any bets on the match will be settled as a split stakes bet, with half the stake going on the handicap ¼ of a goal less than the quote and half on the handicap a ¼ of a goal more. For example, with a ¼ ball handicap, half the stakes will be settled as though the handicap was 0, and half as though the handicap was ½. It follows, then, that if a team beats a ¼ ball handicap by ½ or more, the backer will win the whole bet; if they lose by ½ or more, the backer will lose the whole bet. It is only when the result falls within ¼ of the handicap that the result is different from a conventional handicap. When a team beats the handicap by a ¼, the backer receives half stakes on a win, and half returned. For example, if £10 were staked at odds of 1.95 for a ¼ ball advantage, a drawn game would return a profit of £4.75. This is known as a “win ½”. If a team loses by a ¼, the backer has only half his stake returned. This is known as a “loss ½”.

 

Special Bets

In an attempt to attract spread bettors into fixed odds football betting, some online bookmakers have started to offer specialised markets.. Special bets include odds on the number of corners and bookings a televised match will have, odds for team performance, or the time of first and last goal scorer. These bets have their origins in the spread markets, and it is only through the availability of online gambling that fixed odds bookmakers have been able to break into this market.

 

Ante Post

It is also possible to place some football bets weeks, months and sometimes years in advance. Such bets are called “ante post” bets. The term “ante post” comes from the world of horse racing. Betting on the horse is usually of two kinds: “post,” when wagering does not begin until the numbers of the runners are hoisted on the board; and “ante-post,” when wagering opens weeks or months before the event. Ante post football bets might include a bet on the next winner of the World Cup or next year's Premiership champions. Taking a price months in advance can pay dividends, if during the intervening period it becomes clear that the player or team one backed is increasingly favoured to win. The opposite of course is equally possible, and serious ante post bettors will usually have a deep understanding of their market to reduce the chances of the odds moving against them. The main downside to ante post betting is the return period of any potential win. Having to wait months or even years to collect on relatively fewer bets, at generally higher stakes or higher odds than for most match or handicap bets, can seem unappealing.

 


Different Types of Fixed Odds Football Bets

 

Knowing the various fixed odds markets is one thing, but what sort of bet can one actually place? There are all sorts of fixed odds wagers available, although not all of them are suitable or indeed available for every betting market.

 

Singles

The simplest of all bets is the single. With a single bet on a football match, only one outcome is backed, and the bet can generally either win or lose, although in Asian handicap, there are other possibilities. With a simple win/lose single, a selection must be successful to achieve a return. A typical single match bet might be Liverpool to beat Manchester United at 2/1. If Liverpool win, a £10 stake would realise a profit of £20; if they draw or lose, the stake is lost. Singles odds are today generally available for almost any football game.

 

Multiples

Multiple bets involve more than one selection. Double and trebles are popular wagers for football match betting. A double is one bet involving two selections in different events, both of which must be successful for the bet to win. The odds for a double are calculated by multiplying together the separate odds for the two single bets. Accumulators contain 4 or more selections. Often, the only limit to the number of selections included within an accumulator bet is the bookmaker's maximum allowable payout on one bet.

 

Perms

There is a way to find 7 bets from only 3 selections, making use of what have incorrectly become known as permutations or "perms". Consider the following 3 selections:

 

Bolton to beat Charlton, evens Leeds to beat Liverpool, 6/4 Southampton to beat Tottenham 5/4

 

First off, each selection can be taken as a single match bet. Secondly, there is one treble available at odds of 11.25, calculated by multiplying together the odds for each of the 3 singles (2 x 2.5 x 2.25). However, there are also 3 doubles available too, by "perming" any 2 games from the 3 selections. Such a series of bets is commonly known as a "Patent", or a "Trixie" if the singles are left out leaving only 4 bets.

 

Strictly speaking, the 3 double bets that form part of the Patent are "combinations" of doubles taken from 3 available selections, because the order in which each is selected is not important to us, as it is for a true permutation. Whether Bolton or Liverpool is selected first on the betting slip will not affect the outcome of the bet.

 

The greater the number of selections to choose from, the greater the number of combinations available. Combinations are not, of course, restricted to doubles. If we wish to choose from 4 matches, there are 6 combinations of doubles and 4 combinations of trebles available, in addition to 1 fourfold and 4 singles. Taking the doubles, trebles and the fourfold together as a series of 11 bets is commonly know as a "Yankee", whilst including the singles as well in a 15-bet series is a "Flag".

 

There is really no limit to the number of combinations of bets we can choose, apart from the bookmaker's rules and regulations. A "Canadian" is a series of 26 bets involving 5 selections in different events, consisting of 10 doubles, 10 trebles, 5 fourfolds plus 1 fivefold. For those who want to link up six selections in 1 six-timer, 6 five-timers, 15 four-timers, 20 trebles and 15 doubles – adding up to 57 bets – they can choose a "Heinz", after the number of Heinz food varieties. A "Goliath" is usually considered to be the ultimate in multiple bets (although there is no reason why it need be), with seven selections linked up in 1 seven-timer, 7 six-timers, 21 five-timers, 35 four-timers, 35 trebles and 21 doubles making 120 bets in total. For any combination-type bet, a minimum of 2 selections will need to win for the punter to gain a profitable return, although frequently with the larger combination bets, more winners will be required.

 

 

 

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