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Different Types of Sports Betting

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Different Types of Sports Betting

The beauty of sports is betting is the choice of betting markets and today, we have many different types of sports betting to enjoy. It does not matter if you are betting on football, tennis, or cricket, there are loads types of sports bets so everyone can be satisfied.

On this page, you will discover the best types of sports bets and we will explain how each of them work, so you can pick the best type of sports bet when gambling online. Continue below as we bring you the leading types of sports betting markets.

1. Outright Sports Betting

Outright sports betting is one of the most popular betting markets. When asking any punter what are the different types of sports bets , the answer is sure to include outright sports betting . When betting on the outright market , you have one option, and that is to pick the team or individual you believe is going to win the league or tournament.

If we use types of football bets as an example, you can bet using the outright betting market on the team to win the Champions League or the English Premier League. This is the best type of sports bet for newcomers to betting because it is easy to understand and if you follow the sport in question, you will have an idea of which to team or player to back in the outright sports betting market. However, if you are into more sophisticated bets, you can always check the available football transfers betting markets, to bet on the transfer window.

2. Match Result/To Win Betting

The match result betting market and to win betting market represent the same type of sports bet. For example, if you were betting on a football match, you would use match result betting to bet on the winner of the game. When betting on football, you have three options and the market is also known as full time result betting . You can choose to bet on either of the two teams to win, or you can bet on the match to end in a draw.

Much like outright sports betting , match result betting is popular because it is straightforward and anyone can get involved easily. The different types of sports betting terms mean you can also bet on the to win betting market and this is usually used when individual players are involved, such as tennis or boxing.

The same basic principles apply, and you can decide which of the two players will win, or in some sports, such as boxing, you can select a draw. When it comes to tennis, we strongly recommend getting familiar with tennis betting tips 1x2 before placing any bets on this sport.

3. Over/Under Betting

As we move on in our types of betting explained , the types of online sports betting markets become a little more complex, but are easy to understand with a short explanation. Over/under betting is best explained using football, and you can bet on the number of goals that will be scored in the game.

However, you do not have to bet on the exact number of goals, you can bet over or under a specified number of goals offered by the bookmaker. We suggest learning what are different variants in over/under betting, as it may help to make a more informed decision in the future.

The most common is over/under 2.5 goals, and you choose if you want to back over or under depending on the two teams playing. The Over/under betting market is also used in many other sports, including boxing, cricket, and tennis to name but a few. This is one of the most popular types of sports bets because it is available on several sports and allows a statistical analysis of the teams and players.

4. Asian Handicap Betting

Asian handicap betting is a a type of sports betting where the chances of either team or player are made as close as possible purely for betting purposes. Using football again as an example, if Real Madrid were drawn to play a lower league Spanish team in the cup, Real Madrid would be the huge favourites in the match result betting and betting on them to win would not be worthwhile because the odds would be so low.

However, the Asian handicap betting market will give the other team an advantage at the beginning of the match, and it could be a 2.5 goal advantage. Therefore, Real Madrid would need to win by 3 clear goals if you backed them in the Asian handicap sports betting market.

As you can see, the Asian handicap is an interesting concept for a betting market. If you feel that you would like to find out more, please check the advanced guide to Asian handicaps to be up-to-date with all the details.

5. In-Play Betting

In-play sports betting includes several markets, but it is the concept of in-play betting that we are most interested in when discussing different types of sports betting . Also known as live sports betting , this type of sports betting market allows you to bet on an event as it is being played.

The betting odds change as the event unfolds and any major incidents, such as a goal being scored in football or a wicket falling in cricket, will see the odds change immediately. In-play sports betting is extremely exciting because you can watch the event and place your bets based on what you have seen with your own eyes. You do not have to worry so much about statistics and things that have happened in previous games. Taking Champions League as an example, you would not even need Champions League bonus codes predictions – you can just focus on the game as it goes on, and place your bets basing on what is happening on the pitch.

6. Where to Bet on Sports Online

You have many options when it comes to betting on sports online. We are spoilt in terms of the number of online bookmakers we have at our fingertips, but there are some steps you can take to ensure you choose only the top online sportsbooks. Using online bookmaker reviews is a good place to begin, but you should always complete your own due diligence, including license and regulation checks for your region.

Using promo codes is a great way to get the most for your money when you sign up at an online bookmaker, and many of the leading brands, such as Singapur 1XBET with their sports welcome bonus, have great offers to get you started. You also want to check the bookmaker has the sports and types of sports bets you want to make before you join. Here, we propose you our top picks, so you can save on time, by relying on our expertise:

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7. Different Types of Sports Betting - FAQ

7.1 💵 What is sports betting?

Sports betting involves placing a bet on the outcome of a game, match, or competition. It can also be a specific event within a game or match.

7.2 ✨ What is the best type of sports bet ?

The best sports bet is outright sports betting because it is the most common and easiest to understand.

7.3 📟 What are sports betting odds?

Sports betting odds are the number you will use when placing a sports bet. The value of the potential winnings from the bet is calculated using the sports betting odds and the amount of money bet on the outcome.

7.4 ⚽ What are the best types of football bet?

The different types of sports betting for football include match result, over/under betting, Asian handicap, and in-play betting markets.

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