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Author Topic: Betting Types Newbies Should know About  (Read 625 times)
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January 02, 2023, 12:54:41 AM
 #41

I was going to add the Money Line bet but it looks like someone else already did.  This I'd say is a nice solid start for those whom are new to sports gambling and are looking to get in to sports gambling, but I would also add that the most important thing is knowing what you're doing as in knowing the game.  If you're just throwing up random bets, not knowing the game or the players, your liklihood of winning these bets is not very good. So a word of caution when it comes to just throwing up uneducated bets, it's likely to not end up in your favor.

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January 02, 2023, 01:43:28 AM
 #42

Many betting options are actually sport-based. Draw for example is exclusive to certain sports like football, MMA, or boxing but not in some sports like basketball. Over/under odds could also be offered for the whole game, per half, or per quarter. It also depends on the sport. There is also the option to bet on how many points a team would lead against the opponent. In boxing or MMA there are also unique odds like ways of winning. In boxing specifically, there is also the option to bet on a KO win from round 1 up to round 12.
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January 02, 2023, 03:27:10 AM
 #43


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

Not a veteran gambler, but there are a long list for betting types if we decide to break them down 1 by 1 specifically.
It may be mentioned in this thread, but there are specific type of betting where you can place a bet in a certain quarter for basketball, a certain round for boxing or MMA, a certain person/player to score the first goal in a soccer match, or even in a basketball match.
Those that are mentioned in the OP are the generalized terms of betting types. Nevertheless, all of the specified types of bets can be easy to understand once you're on the platform and ready to place bets, so I guess newbies won't find it hard to determine how they want to bet on a certain match, especially when they already have enough knowledge on the sport.

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January 02, 2023, 05:09:29 AM
 #44

I was going to add the Money Line bet but it looks like someone else already did.  This I'd say is a nice solid start for those whom are new to sports gambling and are looking to get in to sports gambling, but I would also add that the most important thing is knowing what you're doing as in knowing the game.  If you're just throwing up random bets, not knowing the game or the players, your liklihood of winning these bets is not very good. So a word of caution when it comes to just throwing up uneducated bets, it's likely to not end up in your favor.
Correct.
Some gamblers are forcing it just because they want to maximize a parlay, it's not right. Stay where you really know the game and how it will end up.
Have some favorites if you can, especially with popular players who can score a lot and bet for their player props.
Right now, I am on that good streak of winning in player props with Luka Doncic and Nikola Jokic. These guys are known to put high numbers in their stats and it became my habit to bet for them. The only chance it will lose is when a game has an early blowout and they will be benched half of the regulation.

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January 02, 2023, 07:43:58 AM
 #45

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.


This is very interesting and informative at the same time. To be honest, these are also the key information that I am not familiar with, but I nonetheless bet due to my impulsive decisions to gamble. Knowing these types of betting would definitely help not only newbies but also veterans as well in understanding the fundamentals of these bets. While they may seem useless or irrelevant, knowing these types would at least give you the knowledge on which type you can choose from.

Hopefully more posts about these guides would be created in order to help everyone with these unexpected and helpful posts!

R


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January 02, 2023, 08:16:57 AM
 #46

It is always good for a newbie gambler to try all this types of bettings so as to know the one that will be suit themselves and choose the best plan and strategies to use, this will help him understand the pattern the best and how to easily play through in that particular kind of betting, and it is always advisable as well to learn this betting types very well before using a large amount of money to gamble them since you're just a newbie by then on a learning ground, this are common mistakes that could be avoided in other to make betting in gambling enjoyable for beginners.
Yes you're right, When we are still very new to sports betting, there will be a lot that we don't understand. Apart from being able to search it on Google, trying all types of bets will enrich our knowledge so that we can see which opportunities will be more profitable for us bettors. I bet more often on BTTS or over during a sports match or Money Line when the odds are reasonable enough to be risked.

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January 02, 2023, 09:01:22 AM
 #47

The point spread and live betting are the most common.

So, these kind of issues can arise if one doesn't have proper knowledge.

Not at most cases. That's not even an issue to start with.

Even with apply analysis or not, our prediction is still not accurate or not.

Sports matches is unpredictable even how good we are in doing analysis.
Yup, even without determining the type of game you're betting and whether you're prepared or not. As long as you just deposit and bet with it, you're all good.
The casinos aren't really concerned with that matter because as long as their customers can deposit, can bet and that's it. No need to be technical with such whether you've got a lot of knowledge in sports betting or good or bad with predictions.

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January 02, 2023, 09:19:18 AM
 #48

Many betting options are actually sport-based. Draw for example is exclusive to certain sports like football, MMA, or boxing but not in some sports like basketball. Over/under odds could also be offered for the whole game, per half, or per quarter. It also depends on the sport. There is also the option to bet on how many points a team would lead against the opponent. In boxing or MMA there are also unique odds like ways of winning. In boxing specifically, there is also the option to bet on a KO win from round 1 up to round 12.

There are rates on statistics for any sport, but for a beginner it will be even more difficult, because in order to make bets on statistics you need to understand this sport very well and monitor the news about teams, or players. So for beginners it will be possible to first deal with the basics at first, and then delve into a more detailed analysis of events. Or bets with two outcomes, like total, you have to try to understand what works best.

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January 02, 2023, 09:25:56 AM
 #49

Parlay was one of the best things that happened in sports betting, imo. I understand the risk involved but if you have knowledge about what you are doing then it's going to be profitable for a gambler. Single betting in a single game is sometimes not enough and you are looking for more multiplication in your bet.
Injecting the parlay system really changed that kind of perspective.
Gamblers are known to take the risk, higher ones, so it's the best answer for that deficiency.
I am not sure if there is more to add, what was indicated do cover the basics.
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January 02, 2023, 09:36:59 AM
 #50

  • 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.

This is a great list of betting types for beginners and should be a must read for anybody going into sports betting. Making sure that we understand the type of bets we are taking is important as it could lead to a big loss if we pick the wrong bet. Sports betting can be a bit confusing at first, especially when we are used to only gamble in casinos. Reading some articles before getting into it is very helpful. Something I would like to add to the in play bets is that this can be a great tool to try and turn a bigger loss into a smaller loss or even a profit. Most of my bets I place several days in advance to try and get the best quotes. During the match itself many things can go wrong and our team could be losing. The most unlucky foul could change a game completely and ruin our bet. That's why I try to watch the games I bet on live as much as possible. And when my bet is lost or has no real chance of winning, I can place a live in play bet to recover some of my losses from the initial bet.
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January 02, 2023, 12:36:10 PM
 #51

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.

Great thread. This is very useful information for newbies who are starting their way into betting. Now, I just think you forgot about one form of betting that is also quite popular which is the Asian Handicap betting. I guess you should also consider this as many bookies offer this option as well.
Asian handicap is a form of betting that originated in Asia and is mostly used in soccer betting. It means that one team is the top dog who has an upper hand over the under dog. Asian handicaps eliminate the chance of a draw in a match, so the possible outcomes are two.
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January 02, 2023, 01:00:49 PM
 #52

Many betting options are actually sport-based. Draw for example is exclusive to certain sports like football, MMA, or boxing but not in some sports like basketball. Over/under odds could also be offered for the whole game, per half, or per quarter. It also depends on the sport. There is also the option to bet on how many points a team would lead against the opponent. In boxing or MMA there are also unique odds like ways of winning. In boxing specifically, there is also the option to bet on a KO win from round 1 up to round 12.
There's a lot of option and as a bettor you should understand this first before placing a bet because its not just a simple bet, you have to choose to increase your chances of winning. This can be a big help to those who are still confused about betting, since many knows only the basic like placing bet on their favorite team without considering the other option. OP should also update this thread with the additional option posted in the comments, its good to summarize everything to make it more easy to understand.
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January 02, 2023, 01:25:59 PM
 #53

Parlay was one of the best things that happened in sports betting, imo. I understand the risk involved but if you have knowledge about what you are doing then it's going to be profitable for a gambler. Single betting in a single game is sometimes not enough and you are looking for more multiplication in your bet.
Injecting the parlay system really changed that kind of perspective.
Gamblers are known to take the risk, higher ones, so it's the best answer for that deficiency.
I am not sure if there is more to add, what was indicated do cover the basics.

I agree, the opportunity to make multibets, where you can win with a multiplier that is closer to slots than to sports betting, makes the experience much more enjoyable. Even though you are losing most of your bets, just one win of this kind



makes you so happy that you will surely keep making them multibets in the future.

It will not necessarily be profitable in the long run, but a great entertainment is guaranteed. Smiley

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January 02, 2023, 01:54:49 PM
 #54

Many betting options are actually sport-based. Draw for example is exclusive to certain sports like football, MMA, or boxing but not in some sports like basketball. Over/under odds could also be offered for the whole game, per half, or per quarter. It also depends on the sport. There is also the option to bet on how many points a team would lead against the opponent. In boxing or MMA there are also unique odds like ways of winning. In boxing specifically, there is also the option to bet on a KO win from round 1 up to round 12.
There's a lot of option and as a bettor you should understand this first before placing a bet because its not just a simple bet, you have to choose to increase your chances of winning. This can be a big help to those who are still confused about betting, since many knows only the basic like placing bet on their favorite team without considering the other option. OP should also update this thread with the additional option posted in the comments, its good to summarize everything to make it more easy to understand.

In this you are absolutely right, it is very necessary to know each aspect to consider, in the case of betting on the favorite teams it is what people are mostly guided by, I consider that one can bet on certain sports that one thinks one has good knowledge of , as in my case it is soccer and nevertheless after the World Cup in Qatar, which was a world of surprises and we were all very impressed to see some teams that we really did not believe would come out so quickly, and if this was the case, those that They only bet on Parlay, according to my criteria they must have a great knowledge to do it and win, although we have seen that many players what they do sometimes is withdraw when they are not very sure and have some profit.

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January 02, 2023, 04:52:14 PM
 #55

~snip~
There's a lot of option and as a bettor you should understand this first before placing a bet because its not just a simple bet, you have to choose to increase your chances of winning. This can be a big help to those who are still confused about betting, since many knows only the basic like placing bet on their favorite team without considering the other option. OP should also update this thread with the additional option posted in the comments, its good to summarize everything to make it more easy to understand.

Actually yes, if a beginner wants to bet let alone to a serious level. in particular, sports betting. there are basics that need to be known and understood, before placing a bet. and Op have shared some related information with some knowledge for beginners, although there are still many options that can be done in the gamble. After all, every type of betting, be it casino games or sportsbook, provides a review of all types of betting on their site. it's just that most people are reluctant to read it, especially those related to ToS.

All bets related to sportsbooks are very diverse, there are many options available when it comes to betting. however, most people prefer to bet on one of the favorite teams. when in fact, in football there are many options other than parlay.

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January 02, 2023, 05:01:21 PM
 #56

  • 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

This concept is right but is important to mention that this kind of bet can end in a draw, Let's say we are watching a soccer game and bet on 'Under 3' total goals and team A score 2 and team B score 1, making the total score to 3, if that happens we will not lose our win our bet, we will get the money back. And if we had this bet in a parlay we will not lose the parlay, we just will not get the multiplier from that bet  Wink

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January 02, 2023, 05:05:28 PM
Merited by Betwrong (1)
 #57

Parlay was one of the best things that happened in sports betting, imo. I understand the risk involved but if you have knowledge about what you are doing then it's going to be profitable for a gambler. Single betting in a single game is sometimes not enough and you are looking for more multiplication in your bet.
Injecting the parlay system really changed that kind of perspective.
Gamblers are known to take the risk, higher ones, so it's the best answer for that deficiency.
I am not sure if there is more to add, what was indicated do cover the basics.

I agree, the opportunity to make multibets, where you can win with a multiplier that is closer to slots than to sports betting, makes the experience much more enjoyable. Even though you are losing most of your bets, just one win of this kind



makes you so happy that you will surely keep making them multibets in the future.

It will not necessarily be profitable in the long run, but a great entertainment is guaranteed. Smiley
For me, most times, multi bets is not all about winning, because if it should be based on this all the time, majority of gamblers could easily give up trying out multi betting out of frustrations.
Like i mentioned earlier in another topic, sometimes, i personally enjoy looking at the amount of money i could win if the games in my multi bet slip all push through.
And also, multi bet games are full of suspense and more enjoyable than single betting, this is because as one game is ending, and you happen to win it, depending on the arrangement of the games in your multi bet slip, you are already looking forward to the next game and hoping you win that too, this is how it goes on until that game that makes or break the slip comes into play. Grin  

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January 02, 2023, 06:25:11 PM
 #58

I think the best thing they should know about is not a method or type of betting, but more about how it is something that you will lose money on most probably and you should be ready for it. If newbies end up gambling then they should know that they should not be expecting money at all. I see too many people who start gambling with hopes of making a profit but we all know that it won't happen and you will lose money most probably.

If you start with idea that it's just fun thing to do, a type of entertainment then you should be fine. There are a lot of people who starts gambling and want money and that's a big type of trouble and should not happen at all.

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January 02, 2023, 07:47:51 PM
 #59

Nice write up, just wanted to add on what's in the OP + Thread.. Which is the ;
Draw No Bet This type of betting system is used to take away the stalemate aspect of a game and leaves a player with two options instead of 3 which is win or lose. Btw the DNB pays out a punter if their side wins but settle any draws as refunds and of course picking the wrong team means losing  your money, it's a fun game play if you want to remove the risk of losing because of the draw(X).

R


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January 02, 2023, 08:12:55 PM
 #60

Many betting options are actually sport-based. Draw for example is exclusive to certain sports like football, MMA, or boxing but not in some sports like basketball. Over/under odds could also be offered for the whole game, per half, or per quarter. It also depends on the sport. There is also the option to bet on how many points a team would lead against the opponent. In boxing or MMA there are also unique odds like ways of winning. In boxing specifically, there is also the option to bet on a KO win from round 1 up to round 12.
Taking a look on all these things is very important for everyone especially for those that are just starting the race and we need need to study so we can make use of other options to make a good and better predictions. I remember when I just started betting on sport bets, I never new about so many options i do use now which had enlightened me on a better way to predict and analyse my bets to have a frequent winning.

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