Each one of these involves risking money on the outcome of sports events in one way or another. The first point to make here is that the two terms mean exactly the same thing. You’ll notice that we use them interchangeably throughout this article and throughout our entire sports betting guide. Here are a couple of examples of the terms being used as a verb. Betting is unpredictable, so it is impossible to guarantee straight wins in all your stakes. However, by following the tips above, you can maximize your overall winning potential and beat the odds most time.
- There’s a lot to learn, and it takes time to assimilate all the information that you need to know.
- If that is you, then we have an excellent blogs section at OLBG where our expert tipsters preview many of the popular events.
- Although competitive video gaming has been around for decades, it wasn’t until recently that it really took off.
- Assuming we were staking $100 each time, at odds of 1.91, we’d lose $100 for every losing wager.
- If there is a bet, anyone left to act can raise by putting in more money than the original bet.
- The same goes for higher bets, which only increase your profit range.
One winning selection in this bet bar 20 london type would lock-in a return, whilst 6 winners would lead to a generous return, as all 63 bets involved would be settled as winners. The ‘Lucky 15’ is a popular multiple bet, which involves 4 selections, with 15 individual bets across those. The Lucky 15 is made up of; 4 singles, 6 doubles, 4 trebles and 1 four-fold accumulator, and therefore the bettor requires just one winning selection to achieve a return. The ‘Yankee’ consists of four selections, with 11 individual bets across those picks, included in this. In this bet you will have six doubles, four trebles and a four-fold accumulator, meaning the bettor requires a minimum of two winning selections to gain a return. Amongst the most common and most simple bet types, a ‘Single’ consists of backing one selection, whether that’s for the next race or backing a horse antepost for an upcoming festival.
Sports Betting Basic Guide
Once you’ve found one you like, click on an outcome and it should show up on your bet slip. You can also add more options to your slip and parlay them all together. We get into the specifics of how parlays work a bit later on.
Daily Win Treble Tips
With traditional fixed odds betting, wagers must be placed BEFORE an event starts. With in-play betting, however, wagers can be placed DURING an event. This opens up a whole new range of betting opportunities, and it’s proved to be incredibly popular with bettors. We start by explaining what fixed odds betting is, as this is the most common form of sports betting. We look at the five main components of a sports wager and provide some examples.
Basic Bet Types: Totals
So let’s go with Serena Williams as the favorite over Maria Sharapova. Williams might be at -3.5 for this match, which means she has to win more games overall. If she wins something like, 6-4, 6-4, that means she wins 12 games to eight for Sharapova; the difference is four, so that means she wins. You don’t see a lot of point-spread betting in tennis, but it spices things up a little bit when the moneyline odds get very large. So, no matter if you are a new bettor, or just looking to brush up on your basics to sports betting, we cover a whole heap of topics to give you the latest and most accurate information. Some of the topics we cover include moneyline, parlay bets, future bets, spread betting and prop bets.
You’d stand to win if there were less than two goals, and lose if there were more than two. Now, there’s no need for you to learn everything there is to know about every single type of wager as a beginner. We do recommend learning at least a few, though, and we suggest starting with the ones listed below. Note that we’ve included the alternative terms for each one.
Value Betting Strategies
When betting on sports, your goal is essentially to predict the outcome of a sports event and wager money according to what you think is going to happen. Common in horse racing, handicap races see horses carry different weights in order to encourage closer competition. In other sports such as football or darts you can bet on teams or players to get results with handicaps included in the odds. So you can bet on a team to win by more than two goals or a darts player to win by more than two legs, for example.
While betting between friends is also very common, we’re going to focus on betting with a bookmaker. So the two parties would be the bettor and the bookmaker. The bettor places the wager, and the bookmaker takes the wager. The act of taking a wager is often referred to as laying a wager. In these cases of complex fractions, you can derive your total profit percentage by converting your fraction to decimal odds.