Sports gambling or sports betting is a widely-known type of gambling. Most of the bettors of this gambling game are also fans of a particular sports game. This gambling game has different types of bets. Some of this will be discussed below. Read this post about the things to know about the popular types of bets in sports betting.
This type of sports bet is placed on the outcome of an entire competition or league rather than on one certain sports match. Outright bet is mostly placed before the start of the competition. This bet is characterized by higher returns compared to a regular match bet.
Also known as three-way betting, 1x2 bet refers backing a home win, draw, or away win. Mostly, this type of bet is used in a soccer game and other sports game that has a possible draw result. The “1” refers to a home win, the “X” refers to a draw, and “2” refers to away win.
Handicap betting is a type of bet on football in which teams are handicapped according to its form. For example, if you bet on team A with a -1 handicap, team A should win by more than one goal to cover the handicap. If team A win by one goal, the result will be considered as a draw and your bet will be refunded.
Over/Under or O/U bet is a type of bet in which a sportsbook will predict a statistic number in a given game, and the bettor’s wager is either higher or lower than that number.
As a sports bettor, knowing this sports betting information about the things to know about the popular types of bets in sports betting is really important. By simply knowing this information, you can create a strategy that will help you win your bet. Good luck!