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Betting on online football gamble can take various different formats, some have high risks and potentially allow you to win lots, some are less risky but with one of these you are less likely to win as much. Researching the market to make sure you know what you are betting on and that you understand the betting terms is essential as it shall help you understand your prospects of winning.
Here are some of the different types of bet which are available to you:

A win bet will be the simplest type of betting, you bet on something definitive and positive to happen. For example Team A to win the game. This may apply to championships and additionally matches of-course.

An each way bet is where you make two predictions. One for somebody to win, and one for them to nearly win. This is more applicable to aspects such as horse racing where there are actually more than two potential winners so you could place an each way bet for horse A to win or to place.

A lay bet is where you bet on something to lose. So if you lay a team, you are betting that they won't win.

An accumulator bet is where you make a series of bets and if each one goes the way you want it to, your stake plus the winnings from each element of the bet are put forward onto the next bet. This is how some individuals manage to turn a very small stake in to a large winning.

Looking at the form of your team is very important which ever type of bet you are looking at placing, as is looking at what has happened to their players. Should they have been having a winning streak it might look good at first glance, but if they are star player got injured in their last match and is out for the rest of the season then the bet for them to win might not be as good as it looks at first glance.

It is also important to think about how much you can afford to lose as well. Being confident that you have made all the right choices is great, but there is still a chance that you could get it wrong and so it is vital to ensure that you aren't risking more than you can afford to when you decide on your stake (A stake will be the amount that you risk losing when you place the bet).

Odds can differ depending on the type of bet you are placing and on the previous type of the team or player you are betting on. A team that is doing well is going to elicit odds that aren't as good as a team that's say lost all it's matches so far this season. It shall also partly depend on the team they may be playing against, and also the status of all their players also, the reason due to this is the fact that they can be more very likely to have to pay you if you bet on a team that is likely to win so the odds will be closer to the evens or 2/1 end of the scale, where as a team that's not been doing well and has it's star player out of action and is playing against a team that is top of the league is a lot less prone to win therefore you could get better odds if you bet on them to win.