Different Types of Bets You Can Make: A Beginners Guide
Before you can start placing your bets, you need to understand some of the different kinds of bets available at the best UK sites betting sites. Learning the different kinds of betting types available will assist you in choosing from our list of best betting sites with the right kind of betting type and one that you understand best. In this article, we will discuss some of the most common betting types available with betting sites.
This is a straight bet where the returns are determined with regard to the amount staked and the odds on offer. The bet will win or lose depending on the outcome of the event. The higher the amount you stake, the higher the potential will be. When your prediction wins, your returns will be multiplied by the odds, as well as the amount staked.
When you find a bookmarker offering high odds; this is an event they believe will likely loss. But if they were wrong and you chose the event, your winnings will be high.
Head to Head Betting
This is one of the most traditional kinds of betting. In this bet, you are betting on the outcome, this can be a win, loss or a draw in the case of football. A betting site will offer their odds on a win, loss or draw. If your selection is for a certain team to lose the match, and it wins, the bettors who placed the win bet will win the bet while those who select the loss and draw bets lose. The reason why many people prefer to go with the head to head kind of betting is because it is simple and easy to understand.
They are also referred to as multibets, parlay bets or all up bets. This bet combines several single bets. Some sportsbooks will accept a set of 2 to 13 events. The theory behind these kinds of bets is for you to increase your chances of winning by combining bets from different sporting events. The odds to the different events are multiplied to arrive on the final odds which are later multiplied by the stake amount to determine the potential returns. This bet gives you the chance to place a small stake but with the potential to win much. If one of the events in the multibet loses, the entire bet loses. This is why we advise if you are going for this bet, you need not have more than 4 events in your bet.
Over/Under (Total) Bet
This bet is based on the sum of all the games to be realized from both teams in a match. In football, you will realize that the bookmarkers will offer a line bet of 2.5 for the players to bet on either over 2.5 or Under 2.5. When you bet on “over 2.5”, the match needs to have more than 3 goals in order for you to win. If less than 3 goals are scored, your bet will lose. When you bet on under 2.5, there must be less than 3 goals to win. If more goals are scored, your bet then loses.
Each Way Bet
This is a bet offered by online sportsbooks on two separate bets. This is a win and place kind of bet. For the win end of the bet to win, the team or athlete you bet on needs to win or finish in first position. For the place part of the bet to offer returns, the selection need to win or finish in a predetermine position; first, third fourth or second.
This is similar to a multi-bet but the bet is placed on 2 different selections. For the bet to win, both selections need to win.
This applies the same principle as the double bet but this one takes up three different selections. For the bet to win, all selections must win.
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