Football Bet Slip
| Updated: November 6, 2025
If you are an experienced punter, you already know that the bet slip is an integral part of your everyday betting experience. It is a fundamental aspect of placing football bets online, so it is especially important to understand how it works and to get the most out of it.
At the dawn of sports betting, the only form of bet slip was a piece of paper that had to be filled in when placing a bet at a land-based bookmaker. Its purpose was to serve as a receipt for the bets placed. If they were successful, punters would return the bet slip so the teller could calculate how much in winnings had to be paid out. Nowadays, online betting platforms are constantly on the rise, and the bet slip now exists in electronic form. In addition to recording the details of your bets, it automatically computes the potential payout from a successful wager.
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Bet Slip Explained
Whether you use a desktop computer or your preferred mobile device to place football bets online, you can always find the bet slip on the right side of your screen. The exact features may differ slightly from one online bookie to another, but in general the wagering procedure is fairly universal.
At the top of the bet slip, you can see the types of bets you are allowed to make. These are usually referred to as Single or Multi, but there may be separate buttons for Parlay, Reverse, If Bet, Teaser, etc. To place a bet, you must add at least one selection to the bet slip, and usually there is no maximum limit on the number of wagers. Adding a selection couldn’t be simpler; just click or tap on the chosen betting market and it will automatically show up.
Take a close look at your bet slip and you will notice how much information it actually provides. Depending on the interface, the number of selected bets is shown either at the top or at the bottom of the bet slip. If you decide that you have picked too many events, just click on the “delete” icon next to each selection. You can also remove all selections through the “Remove All” or “Delete All” button.
After you are done picking the events you want to bet on, enter the amount you wish to wager. If there aren’t enough funds in your account balance, the bet slip will prompt you to make a deposit and then continue with your bet. If you have chosen to make a multi bet, some bookies allow you to enter a separate amount for each event, while others offer the option to indicate one joint stake.
Below all selected markets, you will see three types of information: total odds, wagered amount, and potential winnings. If everything in your bet slip looks correct, all you have to do is press the Confirm Bet button. This button may also be labeled Submit, Bet Now, Place a Bet, etc.
One of the most convenient features of this online sportsbook element is that it notifies you whenever odds rise or fall, or if any of the selected events has ended before you confirm your bet.
How the Bet Slip Calculates Your Profits
Punters do not have to worry about the math, since the bet slip acts as an online calculator, with different settings depending on the type of bet placed. If you prefer placing single bets, your potential winnings are calculated by multiplying your stake by the respective odds. For example, you want to back Aston Villa to beat Watford in the next Premier League match:
- Odds: 1.59 x Stake: €10
- Winnings: €15.90
- Profit: €15.90 – €10 = €5.90
If single bets are not challenging enough for you, or you aim to secure higher profits, you may try making predictions through a combined bet. To place this type of wager, you have to click on several events, thus adding them to the bet slip, and then select the relevant bet category. Here, the amount that can be won is much higher because the odds will be multiplied. It is not as complicated as it sounds; you will see this from the following example. Let’s assume that, in addition to the event mentioned above, you also decide to bet on the outcome of the matches Fulham vs Huddersfield Town (odds of 7.6 for Huddersfield) and Hull City vs Barnsley (odds of 3.3 for a draw).
- Odds: 1.59 x 7.6 x 3.3 Stake: €10
- Winnings: €398.77
- Profit: €398.77 – €10 = €388.77
It doesn’t look bad at all, does it? Such a lucrative profit is only possible with high-risk accumulators. Remember, even if only one of your predictions is unsuccessful, you lose your stake. Over time, another type of bet, the system bet, has gained great popularity among online punters. Because of their nature, system bets carry a lower degree of risk, but the potential profits are not as high.
Again, we’ll look at an example to show you how bet slips work in relation to system bets. Matches and odds remain the same as in the accumulator example above. Provided that you have chosen the 2 out of 3 system and wager €10 on three combinations, your initial stake will be multiplied by 3, i.e., €10 x 3 = €30. Bet 1 is a win for Aston Villa at odds of 1.59; Bet 2 is a win for Huddersfield Town at odds of 7.6; and Bet 3 is a draw in Hull City vs Barnsley at odds of 3.3.
- If Bet 1 and Bet 2 are correct, but Bet 3 isn’t, the calculation is as follows: €10 x 1.59 x 7.6 = 120.84;
- If Bet 1 and Bet 3 are correct, but Bet 2 isn’t, the calculation is as follows: €10 x 1.59 x 3.3 = 52.47;
- If Bet 2 and Bet 3 are correct, but Bet 1 isn’t, the calculation is as follows: €10 x 7.6 x 3.3 = 250.80.
Tips
Having read the above information, you are already familiar with everything you need to know about the elements of the bet slip and how it works. We have compiled a shortlist of tips to further contribute to a pleasant, safe, and profitable football betting experience.
- Give priority to the likelihood of success over the profitability of the bet itself;
- Double-check the selections you have added to your bet slip. This helps you avoid inaccuracies caused by misreading odds or selecting the wrong betting market;
- Even if you have wagered via a certain betting site for a long time, always compare the odds it provides with those of other reputable bookmakers;
- If you are not just a recreational punter but plan to stay for the long run, you had better set aside a separate bankroll for betting that is in no way related to the resources you need to cover your daily expenses.