Sports betting is very popular with many people around the world. Not only do they offer a way to actively participate in a sporting event, but also the chance to win money. There are many different types of sports betting available to bettors, from win betting to handicap betting and live betting. All bet types have their own advantages and disadvantages and offer different ways to bet on sporting events. And you can find them all at 20Bet.
THE DIFFERENT TYPES
Sports betting is widespread in the world of sport and offers an exciting way to get involved in sporting events and have the chance to win money. Many bettors favour certain sports and betting options that they find lucrative and entertaining.
However, it is important to note that sports betting always involves a certain amount of risk and it is advisable to bet responsibly. It is always advisable to only bet money that you can afford to lose and to educate yourself about responsible betting and gambling. However, by understanding the different types of bets and researching thoroughly about the event you want to bet on, you can place the best bets possible. Here are the 5 most popular bet types
for sports betting across the board:
Win bets
Win bets – the most popular type of betA win bet is one of the simplest and most popular types of bet. With this bet, you simply back the winner of a match or competition. The odds on the favourite are usually lower than on the underdog. You can bet on any sport that has a clear winner, such as football, tennis, boxing or American football. The odds depend on various factors such as the team’s form, home or away strength and injuries. When betting on favourites, however, you should bear in mind that low odds also mean lower winnings and that even favourites do not always win.
Over/under bets
Over/under betsAn over/under bet is about whether or not a certain number of goals, points or events will be scored in a match. The bookmaker specifies a certain line and you can bet on whether the actual number will be above or below this line. For example, you can bet on over/under 2.5 goals in a football match. If you bet on Over 2.5 goals, you win the bet if three or more goals are scored in the match. Over/under bets can be used on many sports, including football, basketball, tennis and ice hockey.
Handicap betting
Handicap bettingHandicap betting compensates for the difference in performance between two teams by giving the underdog a virtual handicap. For example, in a football match, you can bet on a handicap of +1.5 goals for the underdog, which means that the team has a 1.5 goal advantage. If the game ends with a score of 2:1, you win the sports bet, as the handicap changes the result to 2:2. Handicap bets are particularly useful when there is a strong favourite team playing at high odds and you want to give the underdog an advantage. The important thing with this type of bet is that you can assess the strengths well.
Long-term bets
Long-term betsLong-term bets are bets on the winner of a championship, tournament or competition. These are often placed before the start of the season or competition. For example, you can bet on the winner of the World Cup before the tournament starts. Or on the winner of the Premier League before the season starts. Sports bets can also be placed on the winner of the DFB Cup, for example. Long-term bets often offer higher odds than other bets, as the result is not known until the end of the competition. As is well known, a competition can last a very long time, so the risk of injury, for example, is quite high during this time.
Live betting
Live bettingLive bets are bets that are placed during the match or event. They offer a great opportunity to react to changes in the course of the game and get the best value from a bet. You can bet on many different events during the game. Including the number of goals, the next scorer or the result at the end of the game. However, live betting requires a quick decision and the ability to react quickly. This is because the odds and events in the game can change quickly. It is also important to remember that live betting usually has higher odds than pre-match betting.