Types of bets
It is essential for new bettors to know the main types of betting, it will be necessary to talk about the types of online betting, as well as three fundamental aspects. Among these aspects, the new bettor must consider the bookmaker in which he will make his subscription, taking into account the multiple benefits that it offers.
We add to the list of aspects to consider “the odds” these are also known as quotas and it is essential to know the behaviour they describe. Finally, the last necessary aspect is to know the different types of bets in which the bettor can participate and learn from them.
By understanding and assimilating all these types of bets available in the betting industry, the casual or professional punter will be able to determine the most suitable ones. They should pay particular attention to the conditions inherent directly to the bet they have decided to participate in, so it is suggested to expect to have a clear picture.
It is important to understand that these types of bets are defined by common names, so that regardless of the bookmaker, you will use the same nomenclature. In this way, it will be independent of the fact of placing bets in physical or under the On Line modality, as the fundamentals will be the same.
Single bet (1×2)
This is one of the most common and simple to understand types of bets, comprising 2 possible outcomes, an A event in which one team (the favourite) is declared the winner. The other possible event is known as the B event in which the team with the lower probability of winning is the winner, this will reflect a higher odds.
The odds or odds ratio will tell us through its indices who is the favourite by giving the lowest odds value, this is derived from the number of matches in favour of the favourite team. On the other hand, we have a higher odds index that favours the most daring bettors who risk their capital by betting against all odds.
Parlay betting
This is one of the most popular types of betting in the Latin territory, however, this does not mean that it is not used in other geographical territories. It is distinguished because it allows to contemplate several results contained within the same bet, it is called Parlay or also as a type of safe bet.
This type of bet allows to interrelate the forecasts made even in an interdisciplinary way, that is to say, it will be a chain of forecasts, which are expected to be correct. It will be necessary to match all the predictions made in order to have access to the corresponding odds for the winning bet.
System Bets
This is one of the most popular types of bets in the community of professional bettors, it is a type of bet essentially similar to the previous one. In this type of bet, unlike the one described above, it will not be necessary to make a total guess of the possible events contemplated, it will be enough to guess the minimum allowed.
This modality allows several options, these we can appreciate in the following way 2/3, 3/4 or even 4/5 which varies according to the available events and that you are interested in covering. Basically it will only be necessary to hit the number reflected by the numerator of the fraction, and noting that the denominator indicates the number of events carried out.