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Classic Handicap: A system that makes an unequal match even by deducting points or goals from the favourite team. Handicap betting can be offered on all sports, but is particularly common on rugby and American sports.
Asian Handicap: Type of handicap that works in a similar way to the classic handicap, but with some specific rules. For example, it is not possible to bet on a draw.
Long term bet (Outright): Betting on a long term event. Example: Who will win the Champions League?
Live bet: Betting on an ongoing event. The odds vary considerably, depending on the development of the score.
Special bet: A bet that is not linked to the outcome of a sporting event. Bookmakers offer numerous special bets, showing great inventiveness. Please note that it is often on this type of bet that the bookmaker’s margin is the highest.
For example : Who will be the next manager of Manchester United?
Simple bet: A bet on a single event with a single prediction. In the event of a winning prediction, the sum wagered is returned plus a profit determined by the following formula: Profit = stake x (odds – 1). In the event of a losing bet, the bookmaker retains the sum wagered.
Multiple bet: A bet containing several bets. All bets must be correct in order for the bet to be successful. The profit is determined by the combination of different odds. There are numerous possible combinations:
Double: two bets. If both are correct, the bet is won. The bet is returned with the addition of a profit, determined by the following formula: Profit : stake x ((match odds 1 x match odds 2) – 1)
Triple: three predictions. If the three predictions are correct, the bet is won. In this case, the bet is returned with the addition of a profit, determined by the following formula: Profit = stake x ((match odds 1 x match odds 2 x match odds 3) – 1)
The principle behind multiple bets is the same for other larger combinations, up to a maximum of ten simultaneous bets at bookmakers. We therefore speak of systems with X selections (the X corresponds to the number of bets).
Complex multiple bet: Several bets on several events. In contrast to the classic multiple bet, the bet is considered to be winning when at least part of the predictions are correct. There are numerous possible complex combinations.