Overview of betting types by online betting UK
With so many betting types to choose from, it’s easy to get confused. Online betting UK provides an overview of some of the most common ones, which are all to be found with the online betting sites listed in the table below!
Single vs multiple bets
Single bets are the most common and traditional bets on offer. In this case, you are allowed to bet on an event, with the possibility to win a higher amount if this event occurs.
Multiple bets are also gaining in popularity; in this case, the bettor chooses several events to bet on, all of which must unfold for the bet to be won; the odds for each bet are multiplied, then the result is multiplied by the stake to obtain your final reward. Riskier but potentially more rewarding, this type of betting requires a certain level of risk awareness.
Other betting forms
Nowadays bets go beyond the simple prediction of who wins or loses. Over/under bets can now be placed on virtually any statistic of a game, be it points, corners, free throws, etc. Needless to say, this form of betting makes your favourite match even more exciting!
Online betting UK recommends looking out for another popular form of betting, known as the Handicap betting. A handicap is a virtual advantage given by the operator to the team that has a lesser chance of winning the game, and could be a line offered by the operator for the number of points, goals, penalty cards etc.
Example: If Manchester United were favoured to beat Chelsea, the sportsbook operator would give Chelsea a 2-0 handicap. In this case, the punter’s aim is to guess whether the team or the player will cover the handicap. If a handicap bet is placed on Chelsea to win, but the outcome of the game is only 1-0, the player will still lose the bet, because Chelsea would have had to score as many goals as the handicap set for the bet to pay out. The handicap is only applied to the selection you choose, and cannot be applied to both sides.
Discover in-play betting
A lot of online sportsbook brands are also offering in-play betting, allowing punters to bet after an event has started, while watching a live event. For example, in the case of tennis, they may bet on the next point, or on the total points set score or total games in a set. A lot of online betting sites catering for the UK also feature live streaming so you can follow the events and place the bets as it unfolds.