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Whether you are a beginner or an expert in the world of betting, knowing what the main types of sports bets are and what they consist of should consider a good gambler. Here you will find out what they are.
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What Are Single Bets?
Also called straight, as the name suggests, it is one of the least complex types of sports betting.
All you must do is choose the odds you want to bet on, place the amount you expect to bet, and finish the bet. You will be a winner if you get the result right.
What Are Combination Bets?
Combi bets are one of the types of sports betting where the operator plays an intermediary role between two players who decide to intertwine their respective sports bets. One of the places the bet by setting a stake, while the other player executes the bet.
What Are Handicap Bets?
Within the types of sports betting, this one is quite special because it helps players or teams at a disadvantage. If there are far below one who is superior, the betting site gives them some advantage included in the actual result.
Despite the result obtained, the handicap bet is considered—for example, Chelsea vs. Crystal Palace. In the 0-3 handicap bet, Crystal Palace gets a 3-goal advantage. But so it happens that Chelsea wins 2-0. However, the final score is 2-3, so you will be a winner if you choose the handicap bet in favor of Crystal Palace.
What Are System Bets?
There is an inevitable process involved in placing these types of sports bets. First of all, you need to select at least three picks, with 8 being the maximum. The picks you select will be placed on the sports betting slip. However, for them to be displayed, when you play online, you need to click on the area above the betting slip, where it says “System.”
Now the system bet you can place depends on the number of picks you have selected. You will automatically be shown the system bets you can place with the picks you have selected.
It would be best if you kept in mind that there is a button full of information that will allow you to know more precisely about the start of the corresponding system bet for each event.
Example:
- Parlay System (2) (3 bets).
As you know, this is a 2/3 system where you have to place three bets. From these three tips, you generate three combined bets of two.
To win this type of bet, you need to place at least two tips, and the amount of profit depends on the number of tips.
What Are Double Bets?
Double bets are one of the types of sports bets that consist of two picks.
In double bets, the amounts of the bets are multiplied together to get the value of the bet.
For you to win the bet, both picks must be winners.
What Are Multi Bets?
You place a multi bet when you place two or more bets, with the particularity that they are related to 2 or more sporting events. As soon as you do this, they will be automatically displayed on the known sports betting slip as a multi-bet.
Don’t forget that the only way to become a winner in this type of sports betting is to be successful with each of your chosen predictions. Also, remember that you can combine in the same multiple bet the sum of 20 picks, which is 12 picks in live sports betting.
On the other hand, it’s no secret that multiple bets involve a lot of risks. However, it is a type of bet whose profits are very impressive. So, the more picks you have, the higher the contribution will be.
Lukas is the head author at Casinoble and responsible for all content strategies and what casinos we review.
Lukas has a background of playing poker in the early years of the poker boom in Europe. He became an expert within the online gambling and has been working as an author for several websites.