VARIOUS TYPES OF SPORTS BETS
Although there are several types of sports bets, the most common ones are listed on this page. The best ones are conventional bets, which can be defined as follows. This group is comprised of the simple bets, the combined bets, and the system bets, briefly explained below.
As the name suggests, it's the single bets. The user chooses a selection and makes his or her move in a specific event. Of course, he can do this as many times as he wants, but always individually. Calculating the win is very easy: it arises from the multiplication of the amount of money bet by the selected quota. For example, if you bet 10 dollars at a rate of 2.00, the gross win will be 20 dollars and the net win will be 10 dollars.
It is precisely a combination of simple bets: two or more, with a maximum determined by each betting house. The great advantage of this modality is that the odds of each selection are multiplied by each other and lead to a high final odds. At the same time and as a negative point, the bettor must get all his moves right to win. In the combined bets, it is usual to choose events in which, a priori, there is a very clear favorite in the previous one, since they suppose a greater risk than other types of sports bets.
In this case, the user combines a series of events but has an advantage over the combined events mentioned above, which is that an error does not necessarily result in losing the money invested. A simple example to explain this converted version of the combined bets is the 2/3 System. It consists of choosing three events and opting for two selections in each of them, each selection being a bet in itself. The amount bet is divided into the three bets, so in order to get a profit, it is necessary to get at least two of the three plays right.
In this modality, which requires a minimum of three bets and generally a maximum of eight, the income increases as the number of bets that make up the system grows. Of course, the number of bets that must be right to win also increases.
It is almost impossible to determine which of the three alternatives outlined above is the best. They are strictly different and much depends on the event chosen. Simple bets are the most traditional and do not require much analysis, while system bets are considered ideal for the more cautious and speculative gamblers. The combined ones are probably the most attractive option according to the benefits they can deliver in case of success.
TYPES OF FOOTBALL BETS
In many countries around the world, football is the flagship sport in the sports betting industry. Something logical, considering its enormous popularity and the great business it constitutes, practically all over the planet. Below is an overview of the main alternatives regarding the types of football bets.
Final result and exact result
Also called "1X2" bet, betting on the "Final Result" basically consists of choosing one of the three possibilities that can occur in a football match: team 1 win, draw or team 2 win. Team 1 is usually the home team and team 2 is the away team, although this is not always the case, so it is recommended to study the event carefully. It is worth mentioning that the bet is made according to the 90 minutes of regular time.
Meanwhile, in the "Exact Result" mode, mentioned in some bookmakers as "Correct Score", the user must guess precisely the final result of the game, specifying how many goals each team scores. The score at 90 minutes is also taken into account. The interesting thing, in this case, is that, as they are really difficult to play, the odds are very high. Of course, at the same time the difficulty to win increases.
Like the "Exact Result", this is a complicated bet but with more than attractive odds. It requires a good prior analysis of the event and essentially lies in selecting which player scores the first goal of the match. It is important to find out about issues such as who kicks the penalties of the chosen team. Also, if the chosen player, for some reason, ends up being a substitute, some bookmakers will return the money invested. There is the option "No first goal", which is often more profitable than the "0-0" bet on the "correct score".
This bet consists of selecting how the first half ends and how the match ends. In both cases, you have to choose team 1, draw or team 2, not the exact result. Usually, unless there is a clear favorite in the previous game, very attractive odds are offered. As in the other modalities described above, the result is taken into account at the end of the 90 minutes.
Double chance and win without a draw
With respect to the "Double Chance" mode, it is precisely a matter of choosing two alternatives from the three possible in the bet on the "Final Result". Assuming that Spain and Italy are playing against each other, the three variants would be as follows: Spain or draw; draw or Italy; and Spain or Italy. Obviously, when there is a pre-selected favorite, the combinations that include that favorite will always be the ones that offer the lowest odds.
At the same time, "Win without a draw", also called "Tie, invalid bet" or "Draw no bet", depending on the operator, allows you to bet on one of the two teams and get your money back in case of a tie. In short, a tie cancels the bet. It can be a profitable choice when it is previously considered that one of the two teams has really very little chance of winning. Of course, this alteration of the "1X2" bet inevitably leads to a decrease in the odds.
Scoring goals and betting
Another attractive option to bet on goals is to play for the number of goals to be scored in the match. Generally, you bet "More than" or "Less than" (0.5, 1.5, 2.5, 3.5, 4.5, 5.5, etc.), although it is also possible to select an exact amount. In the same way, you can place the same central bet on the first or second half.
Which teams will score, if both teams will score, if one team will win the first half or the second half, at what point in the match the goals will be scored, if there will be extra time and penalties, and much more. The types of football bets are vast and not all bookmakers offer the same possibilities, so it is worth investigating before you bet.
OVER/UNDER BETS: STRATEGIES AND TIPS
This type of sports betting is often practiced by amateur gamblers in various sports. Over/Under betting essentially consists of betting on the total score (goals, points, games) of a game, for example, football. As its name indicates, the user must select if this score exceeds a certain number, which is usually 2.5 in football, although it is variable. Thus, the user bets if the chosen event ends with more or less than 2.5 goals; the decimal point makes it impossible for the score in question to correspond to the Over/Under line.
When it comes to sports such as basketball, tennis or handball, among others, the Over/Under alternative does not have fixed figures, as the final scores depend considerably on the teams involved. In basketball you can choose to score more or less than 200 points in total, while in tennis you have to get the number of games right: more or less than 39.5, for example.
Information and statistics, key factors
Far from being volleyball bets, in this modality, it is fundamental to carry out a previous investigation in accordance, since there are a series of determining elements that must be taken into account in the analysis. With the event selected, the first thing is to study the statistics that revolve around the performers: teams, in collective sports; players, in individual sports, such as tennis. In that sense, it is possible to begin analyzing the current football situation of both, the results of the last matches, goals for and against, injuries and suspensions.
After that, it is worth investigating the antecedents among them, something that logically does not decide anything but serves to have an idea of what usually happens when the teams or players chosen to place the bet are facing one another. Of course, the performance of these teams is also very important when they are playing, as the case may be, in local and visiting conditions, as well as the absence of a figure that can be conclusive.
If you always bet in the same league, it is substantial to have knowledge of the average of goals scored; of each team and in the global. And it is not superfluous to make a study of the previous seasons, so that the statistical analysis is complete.
Benefits and drawbacks
The first advantage has to do with quotas, which are usually very attractive and thus seduce more and more bettors. At the same time, in football matches, you somehow go from three possible outcomes to two. From this situation, with the due study of the event, taking into account the factors detailed above, one can find very profitable bets.
Continuing with football, in the games that have a very clear previous favorite, the Over/Under bet offers an interesting and competitive quota against a very low one like the "Final Result" or "1X2". And a remarkable advantage is that it is not necessary to guess the winner of the match, which is not a minor fact.
Among the disadvantages, it stands out that they are usually risky bets, as it usually happens when the odds are high. Undoubtedly, it is not a modality for beginners, depending on all the previous work that requires to carry out it in a conscious, methodical and intelligent way.
Strategies and tips
In football, an interesting strategy is to bet on Over 2.5 when the favorite team plays as a local and to bet on Under 2.5 when it plays as an away team. Of course, this is not magic and it is not a tactic that can be applied to any league, so you will have to do a lot of research to see which competition is best for you. In the long run, it almost always works.
The final advice, however repetitive it may sound, is not to underestimate the essence of the Over/Under bets, which are much more complex than they appear at first glance. This means that the above information and statistics are basic and elementary to obtain benefits in this modality.
LIVE FOOTBALL BETTING: STRATEGIES AND TIPS
Live betting has brought a vital amount of dynamics and excitement to sports betting. And in that sense, football takes all the limelight, since its enormous popularity worldwide places it as the most important sport in this modality. To begin with, it is worth knowing that live bets are those made at the same time the chosen event is taking place. In the specific case of football, it is nothing more than betting while the game is being played, with all the changes, movements and alterations that this implies.
Types of football betting
One of the main attractions lies in the possibility of making short term bets. For example, which team will score the next goal, how the first half will end, how many goals will be scored in that first half and many other options. Among them, there is the already detailed Over/Under, which team will make the first foul, how many minutes will be added in the first or second half, which team will make the first throw-in, if any penalty will be sanctioned, the first team to get a corner, the last team to score, the one that will win the second half and more.
Advantages and disadvantages
Like everything else, live betting has its advantages and disadvantages. Among the first ones, the possibility of betting in real-time, as the event occurs, and of doing what is called trading, which in a few words consists of placing a bet and also playing some chips on the opposite side in order to cover possible losses and even obtain a profit in that case, even if it is minimal and even taking into account that it can be somewhat risky.
Nevertheless, attention, because the operators usually suspend some markets without previous warning during some seconds or minutes, fundamentally when something important like a goal or expulsion is happening. Without a doubt, this can threaten the mentioned trading, even more, because the quotas are renewed when the markets are visible again.
Another positive aspect of this mode is that it allows detailed monitoring of the fluctuation of the quotas. A good analysis of it and a proper study of the event can be decisive in making the right decision. In that sense, it is also important to be able to bet with certainty that can not be assured in the preview of the event: for example, the alignments of the teams involved, as well as the tactics and strategies they are using.
With respect to the above, the observation of the live actions constitutes one of the great advantages of live bets. The good eye and intuition can also play a role in making a good bet, even taking advantage of occasional bookmaker errors, which sometimes take longer than expected to update a quota.
At the same time, the number one disadvantage lies in the adrenaline and excitement that live betting generates, almost inevitably. Without the right experience and nerve, the fun and excitement of the incessant variations can backfire. As a result, an essential requirement is imposed so that betting in real-time can bear good fruit: watching the event live.
Strategies and tips
To continue with the preceding paragraph, it is worth starting this section by alluding to the great importance of knowing how, when and in which event to bet. The wide range of online betting houses, which can be accessed practically 24 hours a day, 365 days a year, can lead to poor resolutions. Hence the importance of only betting on the known leagues and on matches played by known teams.
Again, watching the event live is essential in order not to make a mistake. As well as being informed about all the details surrounding the game in which the bet will be made: formations, suspensions, injuries, statistics. As far as the transmission is concerned, it is key to warn about the delay that they have. For example, HDs can have up to 7 or 8 seconds of delay, enough to hinder a strategy.
This is crucial because you cannot react faster than the bookmaker. So, seeing the event truly live and being proactive will go a long way to making the trading tactic work and making a profit overall.
Live betting can be a good way to cover up a bad pre-event move. For example, in a match between Barcelona and Real Madrid, one bets previously on Barcelona and sees that the match starts with the wide domination of Madrid. It's a good opportunity to take advantage of the live match with a bet that allows covering the eventual loss of the initial bet.
Going back to the importance of watching the game live, this allows you to bet directly on what is happening. In a roundtrip match, you can bet on the fact that it doesn't end in a draw. And, in turn, it would be very likely that goals would be scored. Similarly, a tight game with shared possession and excessive concentration in midfield should have few goals and a better chance of ending in a draw.
FOOTBALL HANDICAP BETTING EXPLANATION: STRATEGY, ADVICE & ASIAN HANDICAP
To begin the explanation of handicap betting in football, it is worth reviewing the official definition of the term 'handicap': "In horseback riding and some other sports, a competition in which the best participants are put at a disadvantage in order to equalize everyone's chances". In the specific case of football, matches in which there is a considerable disparity allow the options for betting with a handicap to be very clearly demarcated.
A concrete example
Real Madrid and Rayo Vallecano are facing each other at the Bernabéu, with a handicap of 0:2. In short, it means that Rayo Vallecano starts the game winning 2-0. So, if Real Madrid wins 1-0, the final result is 1-2, in favour of Rayo. Thus, to win the bet by putting the chips on Madrid, the white team should win by three goals of difference. This is the so-called European handicap.
Likewise, it is a modality that can be even more attractive when the probabilities of winning are more or less the same for both teams, since a draw also comes into play. It should also be noted that, in order to shape the handicap, goals are added and removed virtually. This situation means that the chances of the favourite are not as wide as if the match were analysed without taking into account the handicap.
There are different betting options with Asian handicap, a factor whose main feature is that the tie alternatives are cancelled out. Of course, with some variants, a draw can occur; in that case, the bet is invalidated and the house returns the amount of the bet, so everything is reduced to two possible outcomes. Originally from Asia, as its name suggests, this system has - a priori - two different types: half goal (split) and whole goal.
In bets with a half goal handicap (0.5, 1.5, 2.5, etc.) there must always be a winner, since it is obviously impossible to score half a goal. Assuming the example Barcelona -0.5 / Valencia +0.5 with a bet on Barcelona -0.5, the only way to win is for Barcelona to win. Both a draw and a win for Valencia would lead to losing the bet.
With respect to the whole goal handicap, the difference with the previous mode is that one of the teams starts the match with a goal advantage. Following the previous example, it would be Barcelona -1 / Valencia +1. If we bet on Barcelona, they must win by at least two goals to win the bet. Meanwhile, when betting on Valencia, there are two winning results: a draw and, naturally, a win for Valencia.
Other Asian handicap variants
In addition to those mentioned, the Asian handicap proposes other choices such as quarter goal (combined) and zero goal. The first one is a split bet in which the investment is distributed between the half goal handicap and the whole one. For example, in the bet Barcelona +0 and +0.5, we will win twice: if Barcelona wins and if it draws, only through the bet +0.5 (the other part is returned to the user). Finally, the zero handicap proves that we will win only if the team chosen for the bet is the winner, since a draw automatically cancels the play.
Strategies and tips
To begin with, it is worth noting that this is an extremely complicated modality, which is strictly recommended for more experienced gamblers. When choosing the right bet, it is advisable to patiently check which type of handicap is the right one. A good way to start in this interesting world is to select only the matches that are presented with a wide previous favorite that even has serious chances of winning by more than one goal.
In terms of strategy, there are obviously many. One as attractive as it is profitable is to make a combined Asian handicap, although with no more than two or three bets. The first step is to choose a couple of teams that play like locals and are very strong in that condition. This will significantly reduce the possibility of them losing, so the Asian handicap zero bet is ideal. The worst-case scenario would be two draws (a void bet) and a home win and a draw would be the winner.
EXPLANATION OF ANTE-POST BETS: STRATEGY, TIPS & RULES
Initially present in horse racing, ante-post bets are basically advance bets; those that are made in the preview of the event. They can be weeks, months and, in certain cases, even years before. A good example of the last option is that of the market corresponding to the football World Cup champion, generally available shortly after the end of the previous World Cup.
It is important to bear in mind that in ante-post bets, the forecast also stipulates that the chosen team will participate in the event in question. In this sense, it is worth knowing that some bookmakers consider the game lost if the selected team does not participate. Continuing with the examples, assuming that we bet on Brazil as the next world champion and the South Americans finally do not play the World Cup, the bet can be canceled. With respect to this situation, there are operators who do give back the money.
Types of ante-post bets
The possibilities for placing early bets are many and far from being limited to betting on the champion ('Final Winner'). Some of the many possibilities are the following: the top scorer (of a tournament or of a team); if a team will be relegated, will qualify to the final instances or will finish among the first 3 or 6 of a competition; if it will finish in the first or second half of the table of positions; with how many points will the champion of a league finish; if a team will be leader at Christmas; the titles that a certain team will achieve during the season.
Pros and cons
The main advantage of this type of betting is that, by betting in advance, the fees are usually higher and therefore more profitable. This is particularly true for title favourites, whose odds will naturally be more attractive before the tournament begins than when the team is in the lead, 7 points ahead of its closest challenger. At the same time, this system requires a very high level of patience as the bets will take a long time to be defined after they have been placed.
The latter makes this one of the widest and most popular markets among bettors, who are now much more devoted to the dynamics of live betting, although this does not mean that its positive aspects should be omitted. Among these, the possibility of betting on the overall result stands out, which a priori is less risky than doing it game by game, even taking a clear favorite as a reference. Moreover, as it is a long term bet, to some extent it diminishes the influence of chance.
However, ante-post bets also have cons. One of them lies in the organization and the correct management of the bank, since the money bet is immobilized during a time that in many cases is considerable. Likewise, to succeed in this type of betting requires a deep analysis of the circumstances surrounding both the event and the selection that is chosen. And this is not a mere study related to the game itself, but can even extend to the economic and institutional aspects. An alternative to counteract this element is to cover the initial bet according to what happens to the chosen team or player.
Rules and tips
As mentioned above, the first important rule has to do with whether or not the chosen team participates: generally, when they do not participate, the houses give the bet as the loser. On the other hand, if the chosen event undergoes a change of venue or other, the operator may cancel the bet, unless a specific regulation of that sport dictates otherwise.
The main recommendation to succeed in this modality is to carry out a complete and detailed investigation around the event and each of the factors that revolve around the selected variant. This will surely reduce the chances of failure, which are always latent in a long term bet.
OTHER TYPES OF SPORTS BETTING
In the previous chapters, the focus has been on the basic and essential notions about sports betting and, at the same time, some of the most significant points have been developed to take into account when entering this exciting world of online gaming. The concept itself of sports betting is the logical trigger to start understanding a subject whose growth and popularity has grown considerably in recent times.
The odds, the welcome bonus and the choice of the bookmaker probably complete that first step; the most difficult one, perhaps. But after registering with one or more operators, it is time to understand the possibilities that currently exist for betting. The types of sports betting, in other words, where single and combined bets stand out but there are also handicaps (and Asian handicaps) and system bets.
Not everything in life is football
It is inevitable to focus on football as the first alternative to get started in sports betting, since it is the most popular sport in many countries in the world. The truth is that betting is really far from being limited to the blessed football that so many fans have all over the planet. Starting with other mass activities such as tennis and basketball, it is worth being aware of the other types of sports betting that are now part of the market.
In this sense, horse racing, cricket, snooker, darts, golf, and rugby emerge, as well as other games and sports that, in spite of having a lesser degree of fame and popularity worldwide, also have an outstanding movement in many places. In the United Kingdom, to mention one place, horse racing is one of the most traditional shows.
And not everything is a sport
Finally, it is worth mentioning that many bookmakers devote a particular space to what is usually called 'Novelty Betting'. There, it is possible to bet on programs of the genre known as 'reality television', on political elections, on artistic awards (Oscar, for example) and on other events not directly related to sports.