Types of bets.
Below are a list of the various different bet types and an explanation about what they involve:
A single is a bet on an individual event. Single bets are thought to be the easiest and safest type of bets, three possible outcomes of the game: 1, X or 2 (home win, draw or away win).
Double & Treble bets
Multiple bets are bets in which you predict the outcome of more than one event. Double bets, are type of bet in which you place money on two different events.
As for treble, you need to correctly predict the outcome of all chosen events. That means that even if you successfully predict the outcome of one of the events, you still will lose the bet. The chances of predicting and winning a double bet are slightly lower in comparison to a single bet.
Example of a double:
- Real Madrid 6:0 Barcelona (1)
- Bayern 0:1 Dortmund (1)
You have successfully predicted the first event, but lost the second one, and consequently, the entire bet.
Example of a treble:
- Chelsea 1:3 Liverpool (2)
- Golden State Warriors 136:82 Los Angeles Lakers (1)
- Juventus 2:2 AS Roma (X)
You have predicted the outcomes of all three events, and won the treble bet. If one of the results would be different , the bet would be lost.
Combo bets are placed on at least two events. It is worth mentioning that double and treble bets are accumulator bets. The maximum number of events in an accumulator bet is 20. Combo bets can be made out of standard bets (win/draw/loss) as well as other types of bets (under/over, draw no bet). An advantage of the accumulator bets is that you can combine lower odds from few events, get an overall good odds and win loads of cash.
Here you place bets on few events and also you do not have to predict all the outcomes of chosen events correctly. Even if one of the results of the events is different from what you have selected, you still can win the overall bet.
Forecasts – One has to predict the correct order in which the competitors will finish the race and are mainly used in horse and greyhound racing. For example, you can place a forecast bet on that Real Madrid will finish as the champion of Spanish Primera Division and Barcelona will be second.
Special bets – are type of bets that include bets on both sporting and non-sporting events. An example of a special bet can be betting on the top-goalscorer of the UEFA Champions League, who will be the next Manchester United manager or on the number of goals Messi will score this year.
Any to come – involves a series of separate bets that all need to be correctly predicted in order to win money and it is much riskier than other types of bets.
Live Bets In-play live bets require you to have considerable knowledge of the statistics, good reflexes and a bit of luck. It should be noted that the odds tend to change very rapidly in live bets as the course of the event influence as well as number of placed bets influence them directly.
1 – 1X2 home team (1), a draw (X) or the win for the guests (2) (Home win, draw, away win)
1X, X2, 1 or 2 (Double Chance) – Here, we pick one of three options, a win for the home team or a draw, a draw or a win for the away team or a win for any side of the match.
DNB (Draw No Bet) – In case of a draw, we will get the void of our entire stake instead of winning (1X or 2X) or losing (1 or 2) the bet.
Over / under – A punter must decide the total number of goals in a match. This means that even if one of the teams do not score at all, we still can win the bet.
BTTS or BTS (Both teams to score) – is a type of bet in which you predict whether both teams will score goals in the match or not.
Handicaps – is a type of a bet in which the bookmaker gives a disadvantage to the favorite or an advantage to the weaker team. In case of football, this is done by adding or removing goals from particular team to even the chances of victory for both sides.
Manchester United 3:0 Manchester City (Manchester United AH -2)
We win the bet because our team have won with more than 3 goals difference. If they have scored less goals, drew or lost the match, we would lose our bet.
Corner bets – is a conditional bet for the number of corners in a match.
Number of cards in a match – is another interesting conditional type of a bet in which you have to predict the number of either yellow or red cards in a match.
Half time / Full time bets – also known as double result, a kind of bet in which you have to predict the outcome of the match at both half-time and full-time.
Correct score – You have to predict the exact outcome of the match.
Goal scorer – Pick the goal scorer in a match or a competition.