Each bookmaker offers different types of bets, but they do not vary too much from one another. Some examples are spread betting and over/under betting. These terms can be confusing if you’ve never heard them before, so let’s go into detail about each type of bet to help clarify any confusion.
Some websites for online betting are Bodog, Bet365, Sekabet, Ladbrokes, among others.
Different Types of Bets:
- Spread Betting is a bet on the point spread between two teams. For example, if you were to bet on a football game and it was -13 vs +12, that means another team by 13 points. This would be considered an “underdog” in this situation because they are not expected to win the game outright but instead cover the spread.
- Over/Under betting is a bet on the total number of points scored in a game. For example, if you were to bet that something will score over or under 45, there are betting odds for both scenarios (45+ and 44 to 43). This would be considered an “underdog” because they are not expected to win the game outright but instead cover the spread.
- Straight Bets involve picking one team against another with no point spreads involved.
- Parlays involve multiple teams being placed into various parlay’s where multiple wins have to happen before a pay-out is given
- Teasers involve modifying the point spread of a game in your favour using various numbers. These are more advanced bets that require some knowledge of how to bet them, but they can be very rewarding if you learn this correctly!
- If you’re not aware of what a “Moneyline” is, it’s simply where you pick a side as to whether they will win or lose. In other words, it removes the point spread from being involved.
Tips on how to bet:
The best way to learn how to bet is by using real money. You can use small amounts or even play for fun to get a feel for the games before you place your bets, but eventually, you will want to start turning this into profit. The best way to make money is to bet on underdogs and hope you get really lucky with a big win. If that’s not your style, just bet small amounts of money on games you feel confident in and learn from your mistakes after every game.
Every once in a while, you will find value bets where one team is being severely undervalued or overvalued by the oddsmakers. If you can pick up on these bets, that can be a very profitable way to bet and make money. You just need to find value in the games and keep track of them throughout the season.
This is where things get interesting! When people start talking about sports betting, they are usually talking about the season. However, this is where you can make some serious money if you know what you are doing and find good bets before anyone else!
Conclusion:
Online betting is a great way to entertain yourself, and it can also be rewarding. It’s good knowing the different types of bets available so that you’re prepared for whatever kind of game or sport is being bet on!
