Betting Types Newbies Should know About

[Davidvictorson]

This is for newbies that many be finding it hard to understand sportsbook betting types. Read the article below which is found on www.gaming.net and www.casino.org. My hope is that it helps to increase and improve your betting knowledge.

Most betting types relate to the score of a game, but sportsbooks try to make things interesting. Players can make wagers on which team will win, the number of scored points, and the margin of victory.

• In-play bet: Some bookmakers call it live betting, yet the concept is the same – bettors have an opportunity to make wagers while a game is active. In live betting the odds change during the match.

• The point spread: Betting sites like to encourage action on both sides, and the point spread makes it possible to place a wager on an underdog, while they still expect them to lose. The point spread allows players to guess the numerical point separation between the teams. For example, when a team gets favored by 4.5 points, they will need to score 5 or more points to cover the spread.

• Proposition bets: Prop betting is a relatively new option and the principle is that bettors get propositioned with a question. For example, Messi to score 2 goals, Messi to score a penalty, Messi to score a freekick

• Over/Under bets:  The over/under bet forecasts the total score of both teams, but also the number of points scored in a half. Players select if the final score will be over or under the offered average. For example under 1.5  or over 2.5

• Parlay: A parlay (also known as an accumulator) is a combination of multiple wagers into one single bet. Each wager, or leg, must come through for you to win a parlay. Parlays are much riskier than betting on each game individually, but you also get better odds. In addition, you can wager on more events with one stake.

Would be happy if other veteran gamblers can add any gambling type that I may have missed.

[1714947349]

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[Stalker22]

Indeed. These are some of the most popular types of bets that are commonly offered at sportsbooks. Here's another one:

• Futures bet: This is a bet on the outcome of a future event, such as which team will win the championship in a particular league. For example: Super Bowl or World Series. Futures bets are often made before the event takes place and the odds can change as the event approaches.

[swogerino]

This is for newbies that many be finding it hard to understand sportsbook betting types. Read the article below which is found on www.gaming.net and www.casino.org. My hope is that it helps to increase and improve your betting knowledge.

Most betting types relate to the score of a game, but sportsbooks try to make things interesting. Players can make wagers on which team will win, the number of scored points, and the margin of victory.

• In-play bet: Some bookmakers call it live betting, yet the concept is the same – bettors have an opportunity to make wagers while a game is active. In live betting the odds change during the match.

• The point spread: Betting sites like to encourage action on both sides, and the point spread makes it possible to place a wager on an underdog, while they still expect them to lose. The point spread allows players to guess the numerical point separation between the teams. For example, when a team gets favored by 4.5 points, they will need to score 5 or more points to cover the spread.

• Proposition bets: Prop betting is a relatively new option and the principle is that bettors get propositioned with a question. For example, Messi to score 2 goals, Messi to score a penalty, Messi to score a freekick

• Over/Under bets:  The over/under bet forecasts the total score of both teams, but also the number of points scored in a half. Players select if the final score will be over or under the offered average. For example under 1.5  or over 2.5

• Parlay: A parlay (also known as an accumulator) is a combination of multiple wagers into one single bet. Each wager, or leg, must come through for you to win a parlay. Parlays are much riskier than betting on each game individually, but you also get better odds. In addition, you can wager on more events with one stake.

Would be happy if other veteran gamblers can add any gambling type that I may have missed.

These are normal betting types,but there are truly a myriad of sport betting option that newbies I know for sure have no idea at all that they exist because I had no clue about such bets when I was a newbie myself.I will add the most typical one.

Both teams to score yes/no This is the most typical sport bet that most of the gamblers bet on statistically speaking because it is one of those bets where you have hopes until the end of the game to win it.For example in a typical soccer game if you bet on team A to win and if team A within 30 minutes is down 3-0 chances are high you lost the bet,while if you have both teams to score yes you keep believing until the end of the game or you win if team A scores at least a goal.

[Fivestar4everMVP]

• Parlay: A parlay (also known as an accumulator) is a combination of multiple wagers into one single bet. Each wager, or leg, must come through for you to win a parlay. Parlays are much riskier than betting on each game individually, but you also get better odds. In addition, you can wager on more events with one stake.

Would be happy if other veteran gamblers can add any gambling type that I may have missed.

I am not a veteran gambler, i am more like a newbie though all the betting types mentioned in the OP isnt new to me, Parley is the most interesting for me, infact, i always prefer to parley my betting as this give better odds and depending on how many games that are combined into one parley, one could stand a chance of turning a very little amount of money into something really huge, but on the other hand, the risk is always very much higher too as any wrong bet destroys the entire ticket and it doesnt matter whether every other games went through as predicted.

parley betting are best done with small amount of money laying around on ones account that he or she don't mind losing, using really huge amount of money to parley bets is a huge risk which i dont think professional gamblers would even take.

[Baofeng]

Indeed. These are some of the most popular types of bets that are commonly offered at sportsbooks. Here's another one:

• Futures bet: This is a bet on the outcome of a future event, such as which team will win the championship in a particular league. For example: Super Bowl or World Series. Futures bets are often made before the event takes place and the odds can change as the event approaches.

Other casino call it Outright/s bet.

Where is the basic of them all? Money Line (ML) bet? wherein we bet on who is going to win based on the favorite and underdog odds.

Parlay odds increases as you added more in your list of bets. @Fivestar4everMVP - I don't know but I have seen gamblers betting huge amount on the parlay and seen someone hitting x100 on it.

[Viscore]

• Parlay: A parlay (also known as an accumulator) is a combination of multiple wagers into one single bet. Each wager, or leg, must come through for you to win a parlay. Parlays are much riskier than betting on each game individually, but you also get better odds. In addition, you can wager on more events with one stake.

Would be happy if other veteran gamblers can add any gambling type that I may have missed.

I am not a veteran gambler, i am more like a newbie though all the betting types mentioned in the OP isnt new to me, Parley is the most interesting for me, infact, i always prefer to parley my betting as this give better odds and depending on how many games that are combined into one parley, one could stand a chance of turning a very little amount of money into something really huge, but on the other hand, the risk is always very much higher too as any wrong bet destroys the entire ticket and it doesnt matter whether every other games went through as predicted.

parley betting are best done with small amount of money laying around on ones account that he or she don't mind losing, using really huge amount of money to parley bets is a huge risk which i dont think professional gamblers would even take.

Parlay betting also works for me although in the real sense, parlays are not worth the money. Even if we know single betting is better and more safe than parlay betting, but somehow I realized it’s good to take some risks somehow and just play small amount of bets which if you get lucky, you will win such a huge amount out from a minimal bet. Though the odds are better in parlay, but this type of betting is usually like a lottery bet, the small bet is still capable to win a jackpot amount, but the bigger chances of profiting is still the house itself.

[PX-Z]

This terms can be self-taught easily actually the more you use and experience sports betting either for testing purpose  entertainment^{(betting small amount)} or serious betting ^{(bet to win)}
But of course reading articles or watching/streaming videos on how to use them will probably give broader knowledge.

[Plaguedeath]

There's so many variation betting types that doesn't explained by you and each of sport has their own unique betting types. I think the better is they need to try it yourself and familiar with the sport, I still find there's a newbie who place their bet because there's so called professional gambler who bet on that's betting option. This is really bad since they're not familiar and not know what's the condition of the bet to win.

[Coin_trader]

Cool topic you got here mate. All I know was single and multi(parlay) bet terms since I’m typically betting on game winner or match handicap pick. I‘m only become familiar props betting this world cup because this is my first time to check that category since most of the Duelbits sportsbook promotion is on that category aside from both team to score.

The point spread is what I don’t understand before and I’m too lazy to do the search since I’m not interested on other complicated bet type. I believe there’s still a lot of bet type missing base on what I’m seeing on Duelbits sportsbook that I still don't know there. Keep the list updated mate.

[danherbias07]

• Over/Under bets:  The over/under bet forecasts the total score of both teams, but also the number of points scored in a half. Players select if the final score will be over or under the offered average. For example under 1.5  or over 2.5

Not just the half. It could be the total of one team only. In NBA if one team let's say LA Lakers can reach 120 points in total for their team only. There's also a betting line for that.
The other bets when it comes to points are the consecutive points they can make, mostly the minimum is 9 points in basketball which is difficult.
You will need a 10-0 run to win this.

• Parlay: A parlay (also known as an accumulator) is a combination of multiple wagers into one single bet. Each wager, or leg, must come through for you to win a parlay. Parlays are much riskier than betting on each game individually, but you also get better odds. In addition, you can wager on more events with one stake.

There's a new method called "betbuilder". Same game parlay as basically called. Because that was not existent before.
But this kind of parlay are mostly used for player props, you can make a parlay of different player stats in one game which could enormously be profitable if you know what you are doing.
Like this for an example:

Same game but different stats for each player.

[piebeyb]

I think this thread needs to be added with more information, because it is also important for beginners to know about the types of bets available on many sports betting sites, I also have some who don't know the types of bets but I sometimes study them myself on the site, usually I will find out after betting 

[Ulven]

There's so many variation betting types that doesn't explained by you and each of sport has their own unique betting types. I think the better is they need to try it yourself and familiar with the sport, I still find there's a newbie who place their bet because there's so called professional gambler who bet on that's betting option. This is really bad since they're not familiar and not know what's the condition of the bet to win.

You are correct that there are many variations of betting types, and each sport may have its own unique options. It is important for new bettors to familiarize themselves with the different types of bets and the conditions that must be met for a bet to be successful. It is also important to understand the odds and the potential payouts for each type of bet, as well as the risks and rewards involved.

[knowngunman]

Handicap
This allows bettors to favor a team with some points. Eg when you give a team handicap point, it means the team is ahead already and if for example the game ends draw, your tickets boom. A lot of options to be explained but some have been highlighted in the previous comments already. One thing with betting is that the more you're into it, the more you can get to understand some options. Always gamble responsibly.

[Pierre 2]

My general favourite betting for sports is over/under bets. Those are like somewhat 50/50 bets. Instead of guessing very adventurous results you just check football teams and how they play and you can easily guess which teams can score goals easily, or concede. Its really not that hard to guess which goals will be scored if you are familiar with teams in my opinion. I mainly talk about football matches here tho I believe same strategy can easily be applied to basketball teams or players. Its what I suggest to beginners.

[rhomelmabini]

I think this thread needs to be added with more information, because it is also important for beginners to know about the types of bets available on many sports betting sites, I also have some who don't know the types of bets but I sometimes study them myself on the site, usually I will find out after betting 

Yeah, the OP should consider to add other betting types that has been shared by other members here, it should be updated. To be honest, this is new to me as I'm still consider a newbie when it comes to sports betting and I think it will be different depending on what type of sports you're betting, am I right?

[danherbias07]

Handicap
This allows bettors to favor a team with some points. Eg when you give a team handicap point, it means the team is ahead already and if for example the game ends draw, your tickets boom. A lot of options to be explained but some have been highlighted in the previous comments already. One thing with betting is that the more you're into it, the more you can get to understand some options. Always gamble responsibly.

That's the "points spread" and it was mentioned by OP. Handicap as they call it in different areas. I call it the same way before, until I learned more from the members here in the forum.
And yes, the more you gamble in sports the more you will learn about other types of bets and that includes combinations.
Example: The winning team + the total score of both teams. Sometimes it does work when you know the history of both teams if they are offensive or defensive ones.

[Frankolala]

• Parlay: A parlay (also known as an accumulator) is a combination of multiple wagers into one single bet. Each wager, or leg, must come through for you to win a parlay. Parlays are much riskier than betting on each game individually, but you also get better odds. In addition, you can wager on more events with one stake.

Would be happy if other veteran gamblers can add any gambling type that I may have missed.

I am not a veteran gambler, i am more like a newbie though all the betting types mentioned in the OP isnt new to me, Parley is the most interesting for me, infact, i always prefer to parley my betting as this give better odds and depending on how many games that are combined into one parley, one could stand a chance of turning a very little amount of money into something really huge, but on the other hand, the risk is always very much higher too as any wrong bet destroys the entire ticket and it doesnt matter whether every other games went through as predicted.

parley betting are best done with small amount of money laying around on ones account that he or she don't mind losing, using really huge amount of money to parley bets is a huge risk which i dont think professional gamblers would even take.

This is also my favourite bet because it gives gamblers the opportunity to use small money to hit it big,like the rules of gambling, only gamble with money that is not for a special need,sometimes you can bet on a long slip and if you are lucky all your bet turns out to be the result of the games, man you have won it big,this is when sometimes the last game can cut your slip when you refuse the cash out offer.

I also like goal prediction type...that one is easy you just predict only the scores,how many goals both team will score in the first half,or just one of the team.

[dothebeats]

Handicap
This allows bettors to favor a team with some points. Eg when you give a team handicap point, it means the team is ahead already and if for example the game ends draw, your tickets boom. A lot of options to be explained but some have been highlighted in the previous comments already. One thing with betting is that the more you're into it, the more you can get to understand some options. Always gamble responsibly.

And while we're at handicaps (while not necessarily being one, as this is considered as a part of spread betting), newbie bettors might encounter a thing called Asian handicap on football games. While traditional lines on football contains a draw option to bet on, in Asian handicap it eliminates this possibility which somehow forces a winner in an event—even if the score ends up being the same—as there are only two options to bet on. The favorites to win are usually given a point deficit (depending on their form) in order for the underdogs to be on an 'even' level in terms of bet.

• Parlay: A parlay (also known as an accumulator) is a combination of multiple wagers into one single bet. Each wager, or leg, must come through for you to win a parlay. Parlays are much riskier than betting on each game individually, but you also get better odds. In addition, you can wager on more events with one stake.

There's a new method called "betbuilder". Same game parlay as basically called. Because that was not existent before.
But this kind of parlay are mostly used for player props, you can make a parlay of different player stats in one game which could enormously be profitable if you know what you are doing.
Like this for an example:

Same game but different stats for each player.

This one I have tried on huge tournaments but always failed to win anything at Even though I know how well these players perform, I always end up missing my bets and destroying my picks, that's why I mostly stick to parlays as this is more straightforward and is foolproof (at least for me) because you are not adding a lot of elements in your bet and you're just straight up going for outcomes. For newbies, this is more recommended if they are confident on their predictions in multiple events - brings more juice to their odds and brings more value to their bet.

parley betting are best done with small amount of money laying around on ones account that he or she don't mind losing, using really huge amount of money to parley bets is a huge risk which i dont think professional gamblers would even take.

I have seen parlays with thousands of $$$ put into them in my stay at Nitrogensports a few years back, mostly on NBA conference finals. Most memorable one perhaps is a hit with x57 with $2500 stake on it. Kinda forgot who it was but it was the Eastern Conference finals parlayed with some Dota games back in 2018. It kinda inspired me to parlay each bet but meh, I'm just not that good in predicting multiple outcomes at the same time.

[YOSHIE]

Would be happy if other veteran gamblers can add any gambling type that I may have missed.

Odd Even (OE) type of bet.

What if you add the Odd Even (OE) type of bet, this type of bet can be said to be relatively new in the world of gambling, especially football, but it is very fun if you have ever made Odd Even (OE) bets.
The way is easy: just like betting in general, guess the score based on the final match statistics that have been determined in even and odd forms.
For example: Liverpool vs Real Madrid, if the final result is 2-2 then those who have the right to win and get a prize are those who have an even number (4) and if the final result is 2-0 the winners are those who have an odd number (odd), In Odd Even bets you don't need to guess the score for the club, you just have to guess even and odd, if the football ends 2-0 those who place the odd bet take the money, and vice versa.

[knowngunman]

That's the "points spread" and it was mentioned by OP. Handicap as they call it in different areas. I call it the same way before, until I learned more from the members here in the forum.
And yes, the more you gamble in sports the more you will learn about other types of bets and that includes combinations.
Example: The winning team + the total score of both teams. Sometimes it does work when you know the history of both teams if they are offensive or defensive ones.

And while we're at handicaps (while not necessarily being one, as this is considered as a part of spread betting), newbie bettors might encounter a thing called Asian handicap on football games. While traditional lines on football contains a draw option to bet on, in Asian handicap it eliminates this possibility which somehow forces a winner in an event—even if the score ends up being the same—as there are only two options to bet on. The favorites to win are usually given a point deficit (depending on their form) in order for the underdogs to be on an 'even' level in terms of bet.

OK noted. I'm not actually familiar with western bookies.