Betting Help

• Asian Handicap Explanation
• Double Asian Handicap
• The Overround
• Deposit Methods
• Obvious Error
• Betting Types
• Horse Racing Betting Help
• Football Betting Markets

Asian Handicap Explanation

The Asian Handicap is a betting market created so that the draw is taken out of play and a competitive market is formed. The weaker team (or underdog) is given a number of goals ( +0,5 , +1 etc ) and the the favourite is ‘handicapped’ an equal number of goals in an attempt to make the two teams equal for betting purposes.

A few examples of Asian Handicap:

• Team with handicap + 0
  If either team wins by any goal difference they (the winning team) are to be settled as the winning selection. In the event of a draw all bets are void and stakes are refunded.

• Team with handicap - 0.5
  - Win by 1 or more - All bets on this selection are winners.
  - Draw or lose - All bets on this selection are losers.

• Team with handicap – 1
  - Win by 1 goal - stake is returned.
  - Win by 2 goals or more – All bets on this selection are winners.
  - Lose by any score - All bets on the selection are losers.

• Team with handicap -+0.5
  - Win by any score - All bets on this selection are winners.
  - Draw - All bets on this selection are winners.
  - Lose by any score - All bets on this selection are losers.

• Team with handicap +1
  - Lose by 1 goal - stake is returned.
  - Lose by 2 goals or more – All bets on this selection are losers.
  - Win by any score - All bets on the selection are winners.

Double Asian Handicap

The Double Asian Handicap is used to split a wager into two equal and separate bets. Each bet has the same odds to win, but at a different single handicap. So you can win both bets , win one part of the bet and get a return of your stake in the other, lose one part and get return in the other or unluckily lose both.

A few examples of double asian handicap:

• Team with handicap 0,+0.5
  - Win by any score - All bets on this selection are winners.
  - Draw - Half the stakes are refunded on this selection. The other half of the stake is classed as a loser.
  - Lose by any score - All bets on the selection are losers.

• Team with handicap +0.5,+1
  - Win by 2 or more - All bets on this selection are winners.
  - Win by exactly 1 - Half the stake is settled at the price of the chosen selection. The other half is returned.
  - Draw or lose by any score - All bets on this selection are losers.

• Team with handicap – 0.5,-1
  - Draw or win by any score - All bets on this selection are winners.
  - Lose by exactly 1 - Half the stake is returned. The other half is classed as a loser.
  - Lose by 2 or more - All bets on this selection are losers.

How do bookmakers make money - The overround

We all know that the bookmaker never loses. But how can bookmakers guarantee that they will make profit from all the markets they offer?

All bookmakers make their profit from the overround of the odds they offer in each market. From a punters point of view an appreciation of overround is important and useful. The overround is a calculated figure that indicates the bookmakers theoretical profit percentage on any given market. The higher the overround figure, the higher the advantage to the bookmaker.

Lets have look at an example:

In our example we will take the odds of a balanced game and in particular the derby Everton - Liverpool. The odds for the home team will be 7/5 (2.40) , the draw 23/10 (3.30) and odds for away team 2/1(3.00)

The overround is calculated differently for decimal and fractional odds.

Fractional overround calculation: 1/ (1+home odds) ) + ( 1/ (1+draw odds) ) + (1/ (1+away odds) )

Decimal overround calculation : (1/ home odds) + ( 1/ draw odds) + ( 1 / away odds)

Both calculations end up with a number of 1.05. What the 1.05 figure indicates is that the bookmaker has set his odds to make an 5% profit on all stakes taken on that match whatever the outcome is on the game.

It is useful for punters to know the real probabilities in order to make a good pick. Bookmakers employ further formulas to calculate adjustments to make to odds depending on the actual money flow on each outcome of an event.

Deposit methods Ukash and Paysafecard

What is Ukash? What is Paysafecard?

Ukash and Paysafecard are prepaid vouchers with a PIN code, which can be used to pay directly at many online bookmakers. Both methods are becoming very popular gaming deposit methods as a result of the benefits they offer.

Benefits of Ukash and Paysafecard

Players do not need to provide Ukash or Paysafecard with any personal information, they simply buy a voucher which is they can then redeem into their accounts. By that way players don't share their financial details online, they can control their spending as they can only deposit as much as the value of the voucher, players who are concerned by online fraud or don't have a bank card can use Ukash or Paysafecard to pay and play.

In conclusion Ukash and Paysafecard are now both one of the most widely used deposit methods presenting players with anonymity, unprecedented security and allowing full control over the funds.

How to deposit with Ukash or Paysafecard

All you need to do in order to deposit with one of those methods is register Ukash or Paysafecard as your payment method and then and enter the pin number of your voucher and follow the instructions.

How to withdraw money with Ukash or Paysafecard

If you have deposited by Ukash or paysafecard you will be able to withdraw by bank wire transfer or cheque. Some online bookmakers may allow you to withdraw back in a debit/credit card after fully verifying your account but you best check with the bookmakers customer service first.

Obvious error (palpable)

What is an Obvious Error

An obvious error or palpable error occures when a bookmaker offers incorrect odds for a market. The wrong odds can be a result of a number of reasons like any incorrect information published in regard to an event or even a human genuine mistake. For example, incorrectly (reversed) setup handicap, wrong team/teams/participants, incorrect deadlines or technical errors etc.

All online bookmakers reserve the right to pay out on the odds that the market should have had initially. They all have clear rules regarding obvious errors stating that prior to the start of an event, In-Play or after the event, where an Obvious Error is identified any open bets will stand and be settled at the bookmakers revised price. Some bookies will endeavour to contact the customer if there is sufficient time before the start of an event usually by email to give the player the option to cancel the bet.

There is no point arguing with the bookmakers regarding an obvious error they made and paid you out with smaller odds. It is a very common issue in the online betting industry and that is why the bookies are fully covered by their rules.

Betting types

What is a parley or accumulator
An accumulator or parley consists 2 or more selections in the betslip and in order to have a winning bet, all the selections have to win..

What is a Trixie
A trixie consists of 4 bets involving 3 selections in different events, 3 doubles and 1 treble. Any two winning selections guarantee a return. If any 2 of your selections win, 1 of the double bets gives a return. If all 3 of your selections win, all 3 of the doubles, and the treble give a return.

What is a Patent
A patent consists of 7 bets involving 3 selections in different events, 3 singles, 3 doubles and 1 treble. Any one winning selection guarantees a return. If any 1 of your selections wins, 1 of the single bets gives a return. If any 2 selections win, 2 of the single bets and 1 of the doubles give a return. If all 3 selections win, then all 3 singles, all 3 doubles and the treble give a return.

What is a Yankee
A yankee consists of 11 bets involving 4 selections in different events, 6 doubles, 4 trebles and 1 four-fold. Any two winning selections guarantee a return. If any 2 of your selections win, 1 of the doubles gives a return. If any 3 selections win, 3 of the double bets and 1 of the trebles give a return. If all 4 selections win, then all 6 doubles, 4 trebles and the four-fold give a return.

What is a Lucky 15
A lucky 15 consists of 15 bets involving 4 selections in different events, 4 singles, 6 doubles, 4 trebles and 1 four-fold. Any one winning selection guarantees a return.
If any 1 of your selections wins, 1 of the single bets gives a return. If any 2 of your selections win, 2 of the single bets and 1 of the doubles give a return. If any 3 selections win, 3 of the singles, 3 of the doubles and 1 of the trebles give a return. If all 4 selections win, then all 4 singles, 6 doubles, 4 trebles and the four-fold give a return.

What is a Super Yankee
A super yankee consists of 26 bets involving 5 selections in different events, 10 doubles, 10 trebles, 5 four-folds and 1 five-fold. Any two winning selections guarantee a return.

What is a Lucky 31
A lucky 31 consists of 31 bets involving 5 selections in different events, 5 singles, 10 doubles, 10 trebles and 5 four-folds and 1 five-fold. Any one winning selection guarantees a return.
If any 1 of your selections wins, 1 of the single bets gives a return. If any 2 of your selections win, 2 of the single bets and 1 of the doubles give a return. If any 3 selections win, 3 of the singles, 3 of the doubles and 1 of the trebles give a return. If all 4 selections win, then all 4 singles, 6 doubles, 4 trebles and the four-fold give a return.

What is a Heinz
A heinz consists of 57 bets involving 6 selections in different events, 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and 1 six-fold. Any two winning selections guarantee a return.

What is a Lucky 63
A lucky 63 consists of 63 bets involving 6 selections in different events, 6 singles, 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and 1 six-fold. Any one winning selection guarantees a return.

What is an Alphabet
An alphabet consists of 26 bets involving 6 selections in different events, 2 patents (14 bets), 1 yankee (11 bets), and 1 six-fold (1 bet). Any one winning selection guarantees a return.

What is a Super Heinz
A super heinz consists of 120 bets involving 7 selections in different events, 21 doubles, 35 trebles, 35 four-folds, 21 five-folds, 7 six-folds and 1 seven-fold. Any two winning selections guarantee a return.

What is a Goliath
A goliath consists of 247 bets involving 8 selections in different events, 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds and 1 eight-fold. Any two winning selections guarantee a return.

Horseracing betting help – Greyhound betting help

What is an each way bet?
An each-way bet is a bet of twice the selected unit stake. When you have an each way you bet for the selection to 'Win' and for the selection to 'Place'. The place part of your bet will be settled in accordance with the place terms advertised for the event.

What is the starting price(SP)
The SP is the starting price of your selection at the start of the race. Should your selection win you will be paid out at the odds of your selection at the start of the race.

Forecast Betting
Forecast betting involves predicting 1st and 2nd places in a horse or greyhound race. Forecast dividends are declared after each race, based on starting prices and quoted to a £1 stake.

Straight forecast-SFC
A straight forecast is 1 bet involving 2 selections in the same race to finish 1st and 2nd in the correct order.

Reversed forecast-RFC
A reversed forecast is 2 bets involving 2 selections in the same race to finish 1st and 2nd in either order.

Football Betting Markets

There are so many markets that you can bet in football in online betting and its very easy to get confused with all those markets. Below you can find a football betting guide with the most popular betting markets. Asian handicap is explained in another topic since its a more complicated betting market.
Lets start with the most simple football betting markets.

The final result
This is just a simple bet for a team to win , lose or draw. You just select “1” for a home win, “2” for an away win or “X” for the draw.

The double result - Half time/ Full time
In this market you bet in the outcome of both half time and full time. In order for your bet to win you need both results to come. If for example you have Draw/Home you need a draw in the first half and a win for the home team at the end of the game.

To win both halves
Many players get confused with that market. To win both halves means that the team you are betting on has to win each half separately.
For example if the first half is 1-0 to the home team and the final result is 2-1 then your bet is not a winner for the simple reason that the home team won 1-0 the first half but in the second half the score was 1-1 so a draw! This bet would have been a winner for the double result market Home/Home but not to win both halves.

Double Chance
In this betting market you cover 2 outcomes of the football match. You can go for Home Team or Draw, Away Team or Draw and Home Team or Away team

Draw No Bet
This is a betting market that has become very popular recently in online betting. If your selection doesnt win but the final result is a draw then you get your stake back. In an accumulator this selection counts as a void selection

Correct Score
This is a bet on the final score in the match, e.g. 1-0, 2-2, etc.

Over/Under or Goal line
Another very popular betting market. In that market you bet for the number of goals in the match.
When you bet for example for under 2.5 goals in the match you need 2 or less goals to be scored to have a winning bet. If you bet for over 2.5 goals you need 3 or more goals in the match to win.

First Goal scorer
In this market you bet which player will score the first goal in the match. Some bookmakers will offer this market each-way. This means that you can still win some money ( usually 1/3 of the odds ) if your selection scores in the match.
Own goals don't count and your bet goes to the next goalscorer in the match.

Last Goal scorer
In that market you bet which player will score the last goal in the match.

Anytime Goal scorer
In this market you bet which player will score anytime in the match and own goals don't count.

Scorecast
This betting market is a combination of the correct score bet and the first goal scorer bet.Your selected player needs to score the first goal in the match and you need to predict the final score as well.

Anytime Scorecast
This betting market is a combination of the correct score bet and a anytime goal scorer bet. Your selected player needs to score anytime in the match and you need to predict the final score as well.

Scorecast
This betting market is a combination of the correct score bet and the first goal scorer bet.Your selected player needs to score the first goal in the match and you need to predict the final score as well.

Wincast
Some bookmakers will offer this betting market. This betting market is a combination of the first goal the scorer in the match and the winning team.