In earlier days, when betting was done at physical locations, bettors could only place wagers on the outcome of a specific sporting event, such as who would win a game or race. With the introduction of the Internet, however, online sports betting has opened up many more possibilities for bettors than ever before.
Now, bettors can create a multitude of unique wagers to potentially earn greater returns. Sports-object-specific types of wagers vary greatly by sport and, therefore, should be researched by all bettors wishing to concentrate on a given sport.
Some generalized betting markets have become popular across all sports. With good opportunities for users of bookmakers that provide a wide selection of betting options, including those provided by Bizbet.
This article will discuss many of these types of generalized betting markets, explain how they function, and provide some suggestions on how to maximize the benefits of these types of bets.
KEY TAKEAWAYS
The oldest form of sports betting is the Moneyline market, sometimes referred to as 1×2. These are simple bets on who will win the match. Because they are relatively straightforward to conduct, most novice bettors utilize this type of betting because it requires minimal analytical skills and statistical knowledge.
In some cases, when sports do not allow draws, such as in volleyball and tennis, there are only two betting possibilities. In football, for example, it is also acceptable to bet on the middle line, which represents a draw.
However, some caution is needed with this market. The odds offered for these bets tend to be lower than other types of bets.
However, depending on how much uncertainty is associated with any given sporting event, one may feel that betting on this type of event would not be worthwhile. Therefore, the recommendation is that, once you have gained experience with bookmakers, you start betting on more specific markets.
The Over/Under market has many variations depending on the sport. Matches most bookmakers take bets from users will be similar to this.
The system works, like most other bookmakers, in that you have an option to either place a wager that your team will score more points than someone else’s team. Or whether your team will score fewer points than someone else’s team. You then choose from a pre-defined line of choices. Then, bettors can select one of several lines.
Taking football as an example, we will address the total Over/Under goals market. You can find lines of 0.5 goals, 1.5 goals, 2.5 goals, 3.5 goals, and so on. The next part will be allowing you to select one of the values and stating whether you believe that all the teams involved in the match will score over or under the value you selected.
| Sport | Over/Under possibilities |
| Football | Goals, corners, cards, shots on goal by each player. |
| Basketball | Points, rebounds, assists, and blocks for each player, total points in the match, total fouls, total 3-point shots. |
| Volleyball | Total points, total aces, total blocks, total points for each player, total sets. |
| Tennis | Total sets, total aces, total games. |
Handicap is a relatively more complex market compared to others, but it is widely used by experienced bettors as it offers the possibility of good odds with a certain security.
It works based on an imaginary advantage given to one of the teams. When placing bets on match outcomes, keep this consideration in mind. The most popular sports that employ this betting method include soccer and basketball. See some examples below:
The Asian handicap line offsets the odds of the two competing teams if one of them is considered the stronger team. After all, you will be betting on the difference in goals or points in a match, opening up several strategic possibilities.
There are two types of handicaps: European and Asian. Decimal lines are used for Asian handicap betting, which has many different options, including half-win and half-return bets, full return bets, half-loss and half-return bets, etc. To check if a bookmaker offers both types of handicap, it is always worth reading complete reviews of the platforms.
Double chance is a market that is very common in sports where there is the possibility of a draw. In the above wager, 2 out of 3 possible outcomes are covered, thereby greatly increasing the security of the bet; however, this must be weighed against the fact that a very large number of outcomes drastically change the odds.
For this reason, many bettors use the double chance market to place accumulator bets. Therefore, since 2 out of 3 wagers have been made and the odds for those odds are low, the total bet is relatively safe and will offer good odds. After all, there are 2 of 3 outcomes to select from.
A good tip is to take advantage of the Bizbet Promo Code to implement this strategy, since the platform’s sports betting bonuses include accumulator bets where the lines are higher than 1.40.
Double Chance betting presents a more secure form of gambling because it utilizes the protections associated with covering two different possible outcomes. As a result, Double Chance bets generally offer lower pay odds than traditional single outcome bets.
Ans: Moneyline betting is simply betting on which team or player will win a game.
Ans: Over or under bets enable you to wager whether a certain statistic will be higher or lower than a predetermined standard.
Ans: Asian Handicap betting is an advanced form of wagering in which bettors are provided with a margin of victory along with the possibility of having their stake refunded.
Ans: Double Chance betting presents a more secure form of gambling because it utilizes the protections associated with covering two different possible outcomes. As a result, Double Chance bets generally offer lower pay odds than traditional single outcome bets.
