Everything you need to know about online betting

Sports betting is a popular form of gambling that encompasses various types, each with its own distinct characteristics. The main types include single bets, combination bets, live bets and many more. The points of difference lie in the way they are placed, their potential winnings, and the associated levels of risk. These variations offer punters a multitude of options for engaging in the exciting world of sports betting. Whether it's betting on a single event or putting together several selections to maximise winnings, find the essential information in this article.

This man knows all types of sports betting

What are single bets?

A straight bet is a form of betting where you bet on a single event or outcome. For example, in sports betting, this means you bet on the result of a single match or competition. Simple bets are generally easy to understand and place, as they only concern one element. If your prediction is correct, you win; if not, you lose your stake. This is one of the most common forms of betting, especially for beginners.

What to know about combination betting

Combination betting, sometimes called multiple betting, is a form of betting where you combine several selections or predictions into one bet. Here's what you need to know about combination betting:

Multiple selections

You choose several selections, for example, the results of several football matches, the winners of several horse races, or other sporting or non-sporting events.

Odds multiplication

The odds of each selection are multiplied together to determine the total odds of the combined bet. This means that the potential winnings are higher than for a single bet, but the risk is also greater, as each selection has to be correct to win.

Higher winning potential

Because of the multiplication of odds, combination betting offers the potential for higher winnings. That's why many punters use them to chase bigger profits.

Flexibility

You can combine different types of bets, such as results bets (winner/loser), scores, totals, etc., into one combined bet. For example, if you bet on three football matches and the odds are 2.00, 2.50 and 1.80 respectively, the total odds of your combined bet would be 2.00 x 2.50 x 1.80 = 9.00. If all your selections are correct, you win 9 times your stake.

Combination betting can be fun and lucrative, but it's important to remember that the risk is higher. It is advisable to exercise caution and think carefully about your selections before placing a combination bet.

Over/Under predictions (Total points, goals, etc.)

Over/Under predictions, commonly referred to as totals betting, are a popular category of sports betting in a variety of sports, including football, basketball, ice hockey, baseball, and many others. They are distinguished by predicting the total number of points, goals, baskets, or similar indicators that will be scored during a sporting event. Bettors must decide whether the actual total will be Over or Under a specific number set by the bookmaker.

Flexibility is one of the major attractions of Over/Under betting. Punters are not forced to guess the outcome of the match, but only to assess the overall action of the game. What's more, the odds for Over and Under bets are generally balanced, although this can vary depending on a number of factors, including the total line and the specifics of the event.

To be successful in Over/Under betting, research and analysis are crucial. Bettors need to examine team or player statistics, as well as take into account game conditions such as weather and pitch conditions.

In short, Over/Under predictions offer an attractive way of betting on a sporting event without having to predict the outcome of the match. They are popular for their simplicity and their adaptability to a multitude of sports. These bets can be particularly stimulating for those who want to add excitement to a match, even if they do not support a particular team.

Why are there more betting options on foreign sites?

There are a number of reasons why international betting sites can offer a wider variety of betting choices than domestic betting sites. Here are a few explanations.

Bet on a football match with a foreign bookmaker

Local regulations

National betting sites are often subject to strict regulations issued by government authorities. These regulations may restrict the type of bets offered, the events to bet on, the odds, etc. Foreign sites, on the other hand, operate in a different regulatory environment and may therefore have more freedom to diversify their offering.

Demand and market

Offshore betting sites can target a wider global market, meaning they seek to satisfy a diverse customer base with varied preferences. To meet this demand, they often offer a wider variety of betting choices to attract an international audience.

Technological developments

Foreign bookmakers can also be at the forefront of online sports betting technology, allowing them to offer more advanced features and a wider range of bets.

International partnerships

Overseas betting sites can establish partnerships with international sports leagues, teams and other entities, which can expand their betting offering.

However, it is essential to note that betting on sites not regulated by us may not offer the same guarantees of security, consumer protection and compliance with local regulations as national sites. Punters should exercise caution and ensure that the site they are betting on is reliable and legal in their jurisdiction.