Online Betting Types

Read this guide listing the main online betting types available and explaining how each works.

Online Betting Types Explained

Online sports betting has seen a meteoric rise in popularity over the last several years, thanks to its convenience and accessibility - you can do your betting from home or even while out and about with mobile devices! There are various betting types available for bettors, each with its own set of rules and payout options. In this article, we'll examine some of the most common wagering types found within sports.

1x2 Betting

Win-draw-win betting, also known as 1x2, is one of the simplest forms of sports betting. It involves selecting one of three outcomes: either team A wins, team B wins or there's a draw. This bet type is most frequently utilized in soccer matches but can also be utilized in other sports like rugby or hockey matches.

Over/Under 2.5 Betting

Over/Under 2.5 betting is a type of bet that involves predicting whether the total number of goals or points scored in a match will be over or under an established number, usually 2.5. For instance, if you bet on the over in a soccer match, your winnings would be if the final score ended up being 3-2 or higher. This strategy of wagering is popular in soccer, basketball and other high-scoring sports like soccer or basketball.

Odd/Even Betting

Odd/Even betting is a type of bet that involves predicting whether the total number of goals or points scored in a match will be an odd or even number. This bet type is most commonly used in soccer matches but can also be utilized for other sports like basketball or football.

Handicap Betting

Handicap betting is a type of bet that involves giving one team an advantage or disadvantage before the match starts. For instance, if you bet on team A with a -1.5 handicap, they would need to win by at least two goals in order to secure your bet. This type of betting is popular in sports like basketball and soccer where there is usually one clear favorite.

Asian Handicap Betting

Asian handicap betting is a form of handicap betting that originated in Asia. This involves giving both teams an equal handicap to level the playing field and allow for the possibility of a tie result. For instance, if you bet on team A with a -0.5 handicap, they would need to win outright for you to come out victorious; however, if the match ends in a draw, your bet would be refunded.

Outright Betting

Outright betting refers to placing a bet on the overall winner of an event or tournament. This type of bet is popular in sports like golf, tennis and soccer where there are clear favorites and longshot underdogs. Outright betting can also be utilized in horse racing where bettors wager on who will come out on top at each race.

Correct Score Betting

Correct score betting involves correctly guessing the outcome of a match. While this type of bet can be complex, it offers high rewards for successful bettors. Correct score betting is most popularly used in soccer matches but is also available in other sports such as basketball or football.

Other Options

In addition to the betting types mentioned above, sports bettors have several other choices for wagers. These include in-play betting (placing bets during matches) and accumulator betting, where multiple bets can be combined into a single wager for higher payout potential. There's also novelty bets such as placing bets on reality TV shows or political elections.

Finally, sports bettors have many choices when it comes to choosing their betting types; each with its own set of rules and payout options. Each sport comes with more variations in terms of betting types, like football betting options Half Time/Full Time betting, Draw No Bet, Goalscorers, Team to Qualify or Team to Relegate and so on. It is essential for bettors to comprehend these options so they can select ones which best suit their preferences and skill levels.