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Football betting markets explained, market by market

Every common football betting market in one place: result, goals, handicaps, scores, players, cards, corners and multiples, and how each one settles.

BAI8 Research5 min read

On this page
  1. The markets at a glance
  2. Result markets: the base of everything
  3. Goals markets
  4. Handicaps and margins
  5. Score and player markets
  6. Cards and corners
  7. Knockout markets: the exception to 90 minutes
  8. Multiples
  9. What this does not tell you

A football betting market is one question about a match that a bookmaker will take bets on: who wins, how many goals, who scores, how many cards. There are dozens, but they fall into a handful of families, and nearly all of them settle on the same clock: 90 minutes plus stoppage time, with extra time and penalties left out unless the market says otherwise. Sky Bet's football rules and Smarkets' both put that first. This page lists every family, says how each settles, and points to the piece that explains it in full.

If you want to see how BAI8 prices a real fixture across the main markets (result, both teams to score, over 2.5 goals, the likeliest score), open any match on the football predictions page. The Free plan covers 5 assessments a month, no card needed.

The markets at a glance

Family Markets What settles it Read more
Result 1X2, double chance, draw no bet Score after 90 minutes Double chance, draw no bet
Halves Half-time result, HT/FT, win either half Score at each half's whistle HT/FT, first half
Goals Over/under, both teams to score, team totals, odd/even Goals in 90 minutes Over/under 2.5, BTTS
Handicaps Asian, European, winning margin Score after the handicap Asian handicaps, European
Scores Correct score, win to nil, clean sheet, scorecast Exact score, or score plus scorer Correct score, scorecast
Players Anytime and first goalscorer, shots on target One player's numbers Anytime scorer, shots
Match stats Cards, corners Counts in 90 minutes Cards, corners
Knockouts To qualify, method of qualification Includes extra time and penalties To qualify
Multiples Accumulators, system bets, bet builders Every leg must win (or as the system says) Accumulators, bet builders

Result markets: the base of everything

The match result, or 1X2, has three outcomes: home win, draw, away win. It is the market every other one is cut from. Double chance covers two of the three outcomes in one bet (home or draw, away or draw, home or away). Draw no bet takes the draw out: if the match is level, your stake comes back, which Smarkets' rule 12.5.19 settles as a void.

Because they share the same three outcomes, the prices should agree. Here is an example with made-up prices, not a quote or a BAI8 call. Say the 1X2 is 2.00 home, 3.60 draw, 4.00 away. Those imply 50%, 27.8% and 25%, which add up to 102.8%; the extra 2.8 points is the bookmaker's margin. Scale them back to 100% and you get roughly 48.6%, 27.0% and 24.3%.

  • Home or draw (double chance) is 48.6% + 27.0% = 75.7%, a fair price of about 1.32.
  • Home, draw no bet, is 48.6% out of the 72.9% where somebody wins: 66.7%, a fair price of 1.50.

If a bookmaker's double chance or draw no bet is longer than those fair prices, it is offering more than its own 1X2 says the bet is worth. That cross-check is the single most useful habit in football betting, and how to read a football match odds market walks through it from the start.

Goals markets

Over/under bets on the total goals in 90 minutes against a line such as 2.5. Half lines (0.5, 1.5, 2.5) cannot push; whole lines (2.0, 3.0) refund on the exact number; quarter lines (2.25, 2.75) split your stake across two lines, as Asian goal lines explained shows. Both teams to score asks one thing: did each side score at least once. Team totals do the same as over/under for one side only, and odd/even counts 0 goals as even, per Smarkets.

These markets reward a view on how open the game will be rather than who wins it. Two evenly matched attacking sides can make "over" and "yes" the stronger bets even when the result is a coin toss.

Handicaps and margins

A handicap gives one team a head start so the bet is closer to even. Asian handicaps remove the draw, and a whole-number line refunds if the adjusted score is level. European handicaps keep the draw as a third outcome. Winning margin asks by how many goals the winner wins. All three settle on the 90-minute score with the handicap added, per both rulebooks.

Score and player markets

Correct score is the hardest single bet to land because a match has so many possible scores; the correct score explainer shows why even the likeliest score, usually 1–1 or 1–0, loses about seven times in eight. Scorecast combines a correct score with a first scorer. Player markets settle on one player's numbers: own goals do not count for goalscorer bets (Smarkets 12.5.15 to 12.5.17), and a player who takes no part is voided.

Cards and corners

Cards markets often use booking points: on Smarkets a yellow counts 1 and a straight red 2, with a maximum of 3 per player, and cards shown to players who are not on the pitch or to managers do not count. Corners count only corners actually taken. These rules differ more between bookmakers than any other family, so read the house rules first.

Knockout markets: the exception to 90 minutes

"To qualify" and "to lift the trophy" include extra time and penalties, because they ask who goes through rather than who wins on the night. Sky Bet adds that first-leg scores should be taken into account where there is one. Confusing a 90-minute result bet with a to-qualify bet is the commonest way to lose a cup tie you thought you had won.

Multiples

An accumulator needs every leg to win, and the prices multiply, which also multiplies the bookmaker's margin. A void leg is removed and the odds are recalculated, per Smarkets rule 12.6.1. System bets such as a Yankee spread one stake across many combinations; bet builders combine markets from one match, where the legs are not independent.

To see how these markets look on a real fixture, open any match on the football predictions page. The Free plan covers 5 assessments a month, no card needed.

18+. Bet only what you can afford to lose.

What this does not tell you

It does not tell you which market has value on a given match; that depends on the chances, not the market type. It summarises two bookmakers' rules, and others differ, especially on cards, corners, abandoned matches and player voids. Before you bet, read the rules of the bookmaker you are using.

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Common questions

What are the main football betting markets?

Match result (1X2), double chance and draw no bet; goals markets such as over/under and both teams to score; handicaps; correct score and scorecast; player markets such as goalscorers and shots; cards and corners; and multiples that combine them.

Do football bets include extra time and penalties?

Usually not. Most football markets settle on 90 minutes plus stoppage time. Only markets that say so, such as to qualify or to lift the trophy, include extra time and penalties.

Which football betting market is the simplest?

The match result, also called 1X2: home win, draw or away win after 90 minutes. Every other market is a way of slicing the same match differently.

How are double chance and draw no bet related to the match result?

Both are built from the 1X2 chances. Double chance adds two outcomes together; draw no bet removes the draw and gives the stake back if it happens.

Do own goals count in goalscorer markets?

No. Own goals count for the score and for goals markets, but not for first, last or anytime goalscorer bets.

Sources

  1. Sky Bet, Football match rulessupport.skybet.com
  2. Smarkets Help Centre, 12. Football ruleshelp.smarkets.com

Who wrote this

BAI8 Research The research desk behind BAI8's fixture assessments. Every figure published here is reproducible from sources named in the piece.

How BAI8 prices a fixture

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