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Betting on great online football is a hobby that a whole lot of people enjoy, it's really a bit of fun, and you possess the chance to win something which appeals to a lot of individuals. Obviously it's important not to risk more than you can afford to lose, but as long as you're sensible nothing is wrong with it.

There are actually three main ways you can place a bet, win bets, lay bets and each way bets. You'll find other more complex methods, but these three will be the main forms and it's best to stick to these for a while at least.

Win betting is in which you bet on someone or something to win. So in case you are betting on a football match between teams A and B, and also you bet that team A will win, that would be a win bet.

Lay bets are the place you bet on someone or something to lose. So using the exact same example, if you bet on team B losing the match in which case you would be placing a lay bet.

Each way bets work slightly differently and cannot really be applied to a match between two teams, but may be placed in football betting by looking at league tables and betting on their own outcome. Whenever you bet on someone to win or place that implies that you will be betting on them either coming first and winning, or being among the runners up - usually positions 2, 3 and sometimes 4. So if you bet on team A to win or place within the league table you could be placing an each way bet.

Accumulator bets are a form of betting popular in football betting. This is in which you place a series of small bets of one of the above forms - usually win bets - but you link them together to ensure that all of your predictions have to come true that you should win anything, but when you do win it's more than it might be if you bet on each separately. So you might bet on team A to win match 1, then team C to win match 2 and after that team E to win match 3. To get it right you'd need for teams A, C and E to win. The way it works is that the winnings from each bet are carried forward and used as the stake for the next bet to ensure that the pot of money you are betting each time grows as does the potential winnings, it's this accumulation of cash that gives this sort of bet it's name.

Whenever you first start betting it's worth remembering that the bookies who take bets all of the time are pretty good at understanding the forms of the teams that you'll be betting on. They don't often get it wrong which is why you are more more likely to win on something with short odds than you are to win on a long shot. Odds are the ratio of stake bet, to potential winnings. Odds of 2:1 are shorter odds than those of 14:1. Looking at the form of the various teams will be the way that one can help yourself to possess a better chance at winning when you place bets too. However it's worth remembering that all betting is essentially a game of chance.