Best Place To Bet: Different Types of Bets

Best Place To Bet: Different Types of Bets

If you are considering taking up betting online you will need to get familiar with the different types of bets you can play. When researching this topic I was amazed with all the different ways you can bet online.

The different types of bets vary country to country. Be sure you look up your specific country’s bets in order to maximize your betting online for where you are.

The many types of bets in the United States Of America include:

  • Moneyline bets
  • Spread betting  This is the most common type of bet in sports.

best place to bet

  • Proposition bets
  • Parlays
  • Progressive parlays.
  • Teasers.
  • If bets.
  • Run line, puck line, or goal line bets.
  • Future wagers.
  • Head-to-Head.
  • Totalizators.
  • 2nd half bets.
  • In-play betting. (reference – wiki)

 Bookmaking

Local Bookies

Local bookies are a dime a dozen in the US. To find them you should hang out in lower key sports bars, make friends and see who is legit. If everyone’s using a certain guy, and this bookie is at the bar often, most likely he’s trust worthy and won’t stiff you because reputation is everything to bookies.

The benefit to using a local bookie is many offer silly things such as selling half points in NFL football on and off the 7 for 10 cents each.

What I’m referring to here is the “buy points” option offered by online sports betting sites. If a point spread in NFL football is -7.5 -110 they’ll give the option to move it to -7 -125 or -6.5 -140 which is 15 cents per half point.

For all other points they charge 10 cents (except 3 which cost 25 cents or is restricted). This is because 10 cents is a horrible deal at most point spread but is +EV for the player (–EV for them) when offered on the common margin of victory 7.

As you get more experienced with local bookies you’ll find there all sorts of quirky things they do and ways you can exploit them.

Just make absolutely sure you find a reputable bookie with a good presence and reputation at a sports bar. This is your protection because if he stiffs you this gets exposed to his client base and soon he has no customers left. (reference – gambleonline)

Use the Betting Site’s Resource Section

If you are a complete novice and wish to learn how to place bets, plenty of betting sites will provide you a step by step guide to betting. These are generally very useful and will help you start betting quickly.

Start Small

Set your priorities right. Allocate funds wisely. You are learning how to bet. Risking your whole bankroll would be the most impulsive thing to do.

Start with small stake bets and gradually increase the amount only when you are fully confident that you have understood how that particular bet works. You want to go a long way and since your interest is not momentary, it becomes extremely important to learn how to manage your bankroll wisely.

After all, it is your hard earned money that is at stake here. Keeping this in mind, you can now begin looking for online sportsbooks or other betting products that make online betting for beginners easy. (reference – gambleonline)

Best Place To Bet: Different Types of Bets hopes that you found this article helpful.