5 Different Types of Bets Explained

Placing a wager on the outcome of a game being played has always been in existence since time immemorial. The only difference between sports betting now and how it was a couple of decades ago is the many types of bets available in a single game.

Apart from betting on the classic win or lose format, one can easily make a winning when you use other types of bets currently available with top bookmakers.

We have a compiled a list of the five most common types of bets for your consideration.

1) Singles 

Single bets are recommended for both seasoned punters and newbies. The risk level is considerably low as you just bet on one single unit. It is also straightforward to calculate the possible win amount when you bet on a single game as you just multiply the game odds and the stake you placed. There are only two ways with this type of bet, it is either you win or lose.

2) Multiples

Multi bets or multiples, on the other hand, involve playing more than one game at a time, in the same bet slip. One picks their preferred choice of outcome, for numerous games, and places them all as one single bet.

The odds are usually higher for multi bets; hence, the possible win amount is more. However, there is a catch. Whenever anyone of the bets you placed fails, your entire bet slip fails. All the games must go according to how you staked, for you to win.

3) In-play/live betting

This is still another type of betting where you can bet on games, either single or multi bets, with a unique difference – you only place stake after the games have begun. Established gambling sites such as Ufabet introduce live betting due to the increased accessibility of punters to the internet; which has made in-play much easier.

4) Totals (Over/Under)

This is yet another top betting technique used by the majority of people who understand the game and can make the right prediction. When this type of betting started, it used to only include the number of goals scored. For instance, when one bet under 2.5, in football betting, it means that there will be less than three goals scored in that match. Today, there are lots of other countable statistics in a game which you can place your bets. They include; the number of corners, fouls, yellow cards, red cards, free kicks, etc.)

5) Double chance

Double chance is yet another type of bet which can easily guarantee one a win. When you have a soccer match going on, there are three major outcomes; the home team wins, loses or ends in a draw. Instead of betting on one result, a punter stakes on two possible outcomes.

They can combine two possible outcomes, but the stakes are often low. For example, you can bet on either the game ending in a draw or one of the teams winning. Alternatively, it can either be won by the home or the away team.

Conclusion 

Increase your chances of winning a bet by using any of the above, or any other types of betting. Join millions of other punters who make a living through gambling, by registering with reputable sports betting companies such as Ufabet.

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