Matched Betting Market Types and Bet Types
Reading time: 6 minutes
If you’re new to matched betting, the array of bets available can seem a little bewildering. So what’s the difference between an accumulator and an each-way bet? What’s the difference between a Half-time/full-time and an over/under bet?
Here we take a look at some of the most common bet types and markets (matched betting football), so you know your way around the bookmakers and bet types while you complete your matched betting offers.
Matched Betting - Types of Markets (Football)
Here we look at the different markets in which you can bet with matched betting football.
You may be less likely to encounter these as you start matched betting, but many may become more familiar as you progress.
Matched Betting Markets - Match Result
A match result bet is where you predict which team will win a particular game. The match result bet is a very common bet you will place when matched betting as it is straightforward. For example, you may choose to back Arsenal to beat Liverpool. If your prediction comes true, then you’ll receive a payout – but if Arsenal doesn’t win, you’ll lose your bet.
Matched Betting Markets - Correct Score
A correct score bet is where you predict the exact final score of a particular game. For example, you may choose to back Manchester United to beat Liverpool by three goals to nil. As you may have guessed, this bet pays out a large amount of money if it comes through – but it is also tough to predict correctly!
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Matched Betting Markets - Half-time/Full-time
A half-time/full-time bet is where you place two separate wagers on one game; your first choice is the result at half-time, and your second choice is the final result.
For example, you may choose to back Manchester United to be winning at Half Time but Liverpool to win the match in full.
This type of bet can be helpful if you have a strong feeling about how a game will play out but are unsure which team will come out on top.
Matched Betting Markets - First Goalscorer
A first goalscorer bet is where you predict which player will score the first goal of a match. For example, you may choose to back Cavani to score the first goal in Manchester United’s next game against Liverpool.
With normal betting, if your prediction comes true, then you’ll receive a payout – but if Cavani doesn’t score, then you’ll lose your bet.
Matched Betting Markets - Last Goalscorer
The last goalscorer bet is the same as a first goalscorer bet, but with the opposite outcome – you predict which player will score the final goal of a match.
For example, you may choose to back Cristiano Ronaldo to score the last goal in Manchester United next game against Everton.
As with first goalscorer bets, if your prediction comes true, then you’ll receive a payout – but if Ronaldo doesn’t score, you’ll lose your bet.
Matched Betting Markets - Over/Under
An over/under bet is where you predict whether or not the final score will be above or below a particular number of goals scored by both teams combined.
For example, you may choose to back over two goals in Liverpool’s next game against Arsenal.
If there are three or more goals scored, then you’ll receive a payout – but if there are less than three goals scored, you’ll lose your bet.
Matched Betting Markets - Handicap
A handicap bet is where one team starts with an advantage (or disadvantage) to make the odds more even.
For example, you may choose to back Everton with a handicap of -0.30 in their next game against Liverpool. This means that for every £100 you stake, you’ll receive £130 if Everton wins (or lose by less than 0.3 goals).
Matched Betting Markets - Team to Win Both Halves
A team to win both halves bet is where you predict which team will be winning at half-time and then again at full time.
For example, you may choose to back Manchester City in their next game against Liverpool – if they’re winning at half-time, then they need to go on and win the match as well for your bet to come through.
Matched Betting Markets - Goalscorer
A goalscorer bet is where you predict which player will score the first goal in a particular match.
For example, you may choose to back Cristiano Ronaldo to score the first goal in Manchester United’s next game against Liverpool.
If your prediction comes true, then you’ll receive a payout – but if Ronaldo doesn’t score the first goal, or Manchester United don’t win the match, you’ll lose your bet.
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Matched Betting Markets - Double Chance
A double chance bet is where you predict which team will win or draw a match – so if your chosen team wins, then you’ll get paid out as usual; but if they draw, then half of your stake (minus any commission) will be returned to you.
Matched Betting Markets - Scorecast
A scorecast bet is where you predict the first goalscorer and the final score of a particular game.
For example, you may choose to back Marcus Rashford to score the first goal in Manchester United’s next match against Liverpool and for them to win by two goals to one.
If your prediction comes true, then you’ll receive a huge payout – but if it doesn’t come through, then you’ll lose your bet.
Matched Betting Markets - Wincast
A wincast bet is where you predict the first goalscorer and which team will win a particular game.
For example, you may choose to back Cristiano Ronaldo to score the first goal in Manchester United’s next match against Liverpool and for them to beat their opponents.
If your prediction comes true, then you’ll receive a payout – but if Ronaldo doesn’t score the first goal, or Manchester United don’t win the match, you’ll lose your bet.
Matched Betting Markets - Asian Handicap
As briefly mentioned above, an Asian Handicap bet is similar to a handicap bet but with different odds and no possibility of a draw result.
For example, you may choose to back Manchester United with an Asian handicap of 0.25 in their next game against Liverpool. This means that for every £100 you stake, you’ll receive £125 if Manchester United win (or lose by less than 0.25 goals).
Matched Betting Markets - Next Team to Score
The next team to score bet is where you predict which side will be the next to score in a particular match.
For example, you may choose to back Manchester United to be the next team to score in their next game against Liverpool.
If your prediction comes true, then you’ll receive a payout – but if United don’t score again, or Liverpool are the side that scores next, then you’ll lose your bet.
Matched Betting - Types of Bets
Here we look at the different bet types, many of which you will utilise matched betting football.
You may be less likely to encounter these as you start matched betting, but many of the bet types will become more familiar as you progress.
Outright: An outright bet is simply a wager placed on who will win a particular event. For example, you may choose (perhaps unwisely) to back Manchester United to win this year’s Premier League title.
Each-way: an each-way bet is a type of wager where you place equal bets on both the horse to win and to place. This means that if your horse finishes either first or second, you will have a return on investment.
Accumulator: An accumulator, or acca for short, is a bet which combines several selections into one single bet. If all of your selections win, you’ll win the entire accumulated stake. However, if just one selection loses, you lose the entire stake. See our complete guide to matched betting accumulators.
Singles: A single bet is a simple wager on the outcome of an event. For example, you may choose to bet on Manchester United to beat Liverpool in their next match. It’s the most common type of bet, especially amongst beginners and casual gamblers.
Double: A double bet is a wager on the outcome of two separate events. For example, you may choose to back Manchester United to beat Liverpool and Chelsea to beat Tottenham Hotspur. If both bets win, you’ll receive a payout twice your original stake.
Treble: A treble bet is similar to a double but involves three separate events. For example, you may choose to back Manchester United to beat Liverpool and Chelsea to beat Tottenham Hotspur and Arsenal to beat Manchester City. If all three bets win, you’ll receive a payout three times your original stake with mug betting.
Triple: A triple bet is the same as an accumulator – it combines three separate bets into one wager. If all three bets win, you’ll receive a payout of the total accumulated stake – if just one bet loses, then you lose the entire stake.
A full cover bet: This type of accumulator bet is where you have to predict the outcome of six different events to win correctly. The full cover bet can be extremely risky but also has the potential to pay out vast sums of money if all your predictions come through!
Matched Betting Market Types and Bet Types - Final Thoughts
As you can see, there are a lot of betting markets and bet types to choose from, and each one has its own set of risks and rewards.
For matched betting, we will usually bet in the way the offer demands, but some more complex offers may require some more complex betting types! So it is worth knowing what these are as you progress.
For further information, why not check out this handy post on Wikipedia – Glossary of bets offered by UK bookmakers
So those are some of the most common types of bets. Take your time in choosing which bets to make, and always remember that if you are placing bets without matched betting for some reason (though we recommend against it!), it’s essential ALWAYS to gamble responsibly. Thanks for reading!