A coupon is proof of the lodgment of a bet with a bookmaker. The paper is a receipt. The ticket is printed with information on the type of wager, the bet placed, the odds, and the likely win. The receipts are of two types: paper and electronic. For punters who need in-depth comparisons of betting aids, websites like https://odds.ph can also come in handy.
Two Variations of Coupons
The coupon received by a player varies with the format of the bet. Most bettors place their bets on bookmaker websites where the bookmakers issue electronic coupons. When gambled within classic betting shops, a paper ticket is issued to a customer. It must be brought to the cashier after the game. Without the coupon, the bookmaker won't be able to calculate the bet, and the winnings, if any, will be lost.
How to Get a Coupon?
Conditions of obtaining a coupon on bookmaker websites are rather standard. To receive the document, the user needs to:
- Log in to the website.
- Enter username and password.
- Refill their account balance.
- Select an event (or events).
- Enter the amount of the bet.
- Confirm the action.
Other Settings
Upon filling up a coupon, the system automatically calculates the potential payout. Operators also fix betting limits, including minimum bet and maximum value for a potential bet.
Players also have extra features. They can:
- Enable auto-acceptance.
- Enter increment steps while modifying the stake with "plus" and "minus" buttons.
- Enter a promo code.
Bookmakers who provide free bets in reality also have a particular category in the coupon for using them. The player just has to mark the choice and enter the amount. Free bets tend to not be able to be split — they must be used in their whole. There is therefore no category for random amounts; the player just chooses from a range of options.
Free bets can also be given by bookmakers in the form of promo codes. To activate the bonus, a player should insert the code into the dedicated field and confirm the bet. The request is automatically processed by the system. When the information is correct, the bet is accepted.
Auto-Acceptance of Bets
All major licensed operators support the auto-accept feature. The auto-accept option simplifies betting.
Its profitability also relies on the odds, which are the likelihood of an outcome. Odds are constantly adjusted by bookmakers by raising or lowering them. Raising the odds indicates lowered chances of victory but increased potential winnings. Lower odds equal higher chances of victory but lower gains.
Most bookmakers have implemented auto-acceptance of increasing odds. To benefit from the feature, a player needs to:
- Visit the bookmaker's website.
- Log into their personal account.
- Fund their balance (if necessary).
- Select an event (multiple events).
- Enter the stake value.
- Select "Accept when odds improve" on the coupon (the text may vary).
The system will do the bet automatically once the odds increase. In some cases, players also have the option to activate auto-accept for any odds change in either direction.
Types of Bets
Within the coupon, it is possible to select the type of bet. Typical options usually are:
- Singles (ordinaries)
- Accumulators (express bets)
- Systems
There are other bookmaker promotions:
- Anti-accumulators
- Conditional bets
- Patents
- Lucky bets
- Multi-bets
- Chains, and other types
Procedures for calculating final odds differ depending on the type of bet. Before using any of these features, it is advisable to go online to the bookmaker's website, read the rules, and review the information. If there are questions, the players may reach the support via phone or chat.
When two or more outcomes are combined in a coupon, most bookmakers will automatically produce an accumulator. As and when required, the player can change the settings and split the bet into a series of singles.
FAQ
Q: Who is entitled to get a coupon from a bookmaker?
A: To get a coupon is to wager. Only registered members that have attained the age of majority are allowed to wager.
Q: What does a coupon signify?
A: The ticket indicates the sporting event (team names, tournament, selected outcome), the betting type (pre-match or live), the stake amount, the odds, and winnings amount. In some cases, bookmakers include a CashOut feature.