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Fast Guide To Betting

Everything About Anything – Betting

When you get to betting site you are immediately bombarded with many different odds in many different matches with hundreds of sports.

But let’s say that you want to bet on football match there will be few odds that will look strange to beginner so we will here try to explained it.

A lot of them are very easy and self-explanatory but we will get to them.

There almost limitless bets for one match but one of the most popular are betting on winner of the match, like I said self-explanatory, both teams to score or BTTS in short, handicap betting, goals -over/under and 1 team to score.

BTTS mean that we have bet where we are betting that both teams are going to score or not. Let’s say that we have match that ended 2 : 2; If selected yes for that bet it is successful because both teams scored but if we put no we lost that bet. Very simple.

Handicap betting, the spread, points betting or Asian handicap is process where bookmaker is giving virtual advantage or disadvantage to certain competitor.

For example, we have Champions League match between Manchester City and Real Madrid and Manchester City are favorites to win a match, the bookmaker might give Real Madrid 2 – 0 handicap advantage to win.

What that means is that if you bet on Manchester City and they win 1 : 0, you lost your bet because final result in handicap betting is 2 : 1 for Real Madrid.

Lot of bookmakers give you chance to put your own handicap bet. That means that there is bet in form of 0:3 on screen and you can play against that or for that bet.

That means if we play against, team that we are betting haves in bookmaker eyes disadvantage of 3 goals and needs to win with at least of 4 goals advantage.

This bets have huge odds and you can win big, but there is a reason why bookmaker gave those odds because chance of winning are very slim so you need to be very careful.

Goals -over/under are also self-explanatory bets because usually with these bets you have a number like 2.5 or 3.That means that if you put bet on over 2.5 on that match there needs to be 3 goals or more in that match and it doesn’t mater who scores.

There are a lot more ways that you can bet, but after you know basics the rest is easy to learn and understand.

In this section we used Football for example but it’s very similar in other team sports like basketball, handball, volleyball and so on.

In other sports you have more points so our handicap wouldn’t be in that small number butt bigger, for example in basketball would be +8.5 or – 8.5 witch means that that team needs to score 9 more to actually win in bookmakers eyes.

Parlay Betting

A parlay or accumulator  is a wager type in which two or more bets are linked together to create one bet with a greater payout, but all the selections must win for the bet to win.

You can have fixed odds like in the USA where if you bet 100 dollars on 6 matches, multiplier for final win would be 40x and you would win 3900 $ because it doesn’t include 100$ of our initial bet.

Now you have multiplier which is used in the most of the world and in the USA where you have 6 matches with odds of  1.50.Ofcourse probably every match or bet will have different odd but we are now using 1 .50 to simplified it.

If you put 100 $ on those 6 bets in parlay and they all pass we will win 1139 $ with our initial bet without VAT.

We got to that number with multiplying odds with our initial bet.

Many people say that for beginners and even occasional betters parlay is no go because even one lose bet on parlay get’s you a lost bet overall.

Today betting sites offer many ways to ease your lose or even eradicate your lose on parlays with cash out options or even system betting but that comes with a twist.

Let’s say that your winnings are 1500 $ and you select cash out option before ending of bet; you will still win your bet but no 1500 $ but probably 750 $ because bookmaker will price that option with no stress and risk at the end.

System betting is betting where you have let’s say 6 matches and you select one or two where that you can miss, but like the cash out option you will win a less money.

Live Betting

Live betting, also known as “in-play betting,” refers to gambling that occurs after a game has started. It allows viewers to place bets throughout the game rather than only before its start, causing the odds to change in response to what’s happening during the game. Live betting has become increasingly popular.

Biggest advantage of live betting is to respond to actions that are unfolding live.

If you have understanding of game and you can quickly interpret game’s flow you are in chance to win big.

Another key benefit of live betting is the increased variety of betting options.

Before match you have a lot of options, but if you are betting live there even more options on your choice.

You can practically bet every minute for something to happen let that be next scorer, next person to get fouled, to get yellow and so on.

There are also disadvantages like constantly fluctuating odds. This can be sometimes good but also bad because of situation in the match we can be waiting whole match to get favorable odds. Even then there is possibility to get bad odds.

There is also for chance to get less disciplined especially beginners.

After while you can get in situation where you don’t track your how much you are betting and losses can get huge.

Arbitrage Betting

Arbitrage betting, or “arbing” is a strategy that enables finding the differences in odds among bookmakers. It involves placing bets on more than one possible outcome of an event, to take advantage of odds discrepancies, and result in a better success rate.

It’s simple as that. Usually it’s minimum profit betting and no it’s not illegal.

Only one problem with arbitrage betting is that if you get careless there is chance that betting site will BAN you because after all they are loosing money with you.

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