Soccer Gambling Glossary

Soccer gambling is one of the most popular betting activities worldwide. Many people make a living simply by betting on soccer or any sports. The simple reason behind this is that it is relatively easy to learn and start betting on soccer.

What you need to do first however is to get accustomed to all the terms used in soccer gambling. Although this may seem insignificant, it is of utmost importance to correctly understand all terms used in betting. Otherwise you may end up placing inaccurate bet and loosing a lot of money.

Here are some of the most broadly used terms in soccer gambling:

Parlay, also known as accumulator is a term used to describe winnings of a bet that are transferred to the next bet. The main idea of this kind of betting is to maximize winnings however it rarely woks in reality.

A bet that has high chances of winning is called a banker. It is usual for odds to be 1.5 for this kind of bet.

Double is a term used to describe the accumulator of two bets.

Each Way is a bet where you win even if your team comes second, third or fourth place in the listings. Although this bet is mainly used in horse racing it is very ppular in soccer gambling as well.

Odd against and Odds on are terms used to describe odds greater than evens and odds less than evens.

If you predict the first goal score as well as the final score we have a scorecast bet. This type of bet can get you huge profits however it is very hard to guess the correct results.

Even bet describes odds being 1/1. if you place such a bet and win you will double your profit.

Half/full time bets are bets placed for the results in the first part of the game only or for the full time of the game.

Finally two terms you may already know. The place where you place bets against other people is called betting exchange. Usually the venue takes a percentage as a commission so you need to check its terms prior to placing your bets. The person who accepts the bets is called bookmaker.