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Topic: Betting Types Newbies Should know About - page 3. (Read 695 times)

hero member
Activity: 3136
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Leading Crypto Sports Betting & Casino Platform
January 02, 2023, 04:01:22 AM
#47
The point spread and live betting are the most common.

So, these kind of issues can arise if one doesn't have proper knowledge.

Not at most cases. That's not even an issue to start with.

Even with apply analysis or not, our prediction is still not accurate or not.

Sports matches is unpredictable even how good we are in doing analysis.
Yup, even without determining the type of game you're betting and whether you're prepared or not. As long as you just deposit and bet with it, you're all good.
The casinos aren't really concerned with that matter because as long as their customers can deposit, can bet and that's it. No need to be technical with such whether you've got a lot of knowledge in sports betting or good or bad with predictions.
legendary
Activity: 2814
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Leading Crypto Sports Betting & Casino Platform
January 02, 2023, 03:16:57 AM
#46
It is always good for a newbie gambler to try all this types of bettings so as to know the one that will be suit themselves and choose the best plan and strategies to use, this will help him understand the pattern the best and how to easily play through in that particular kind of betting, and it is always advisable as well to learn this betting types very well before using a large amount of money to gamble them since you're just a newbie by then on a learning ground, this are common mistakes that could be avoided in other to make betting in gambling enjoyable for beginners.
Yes you're right, When we are still very new to sports betting, there will be a lot that we don't understand. Apart from being able to search it on Google, trying all types of bets will enrich our knowledge so that we can see which opportunities will be more profitable for us bettors. I bet more often on BTTS or over during a sports match or Money Line when the odds are reasonable enough to be risked.
hero member
Activity: 2268
Merit: 789
January 02, 2023, 02:43:58 AM
#45
Indeed. These are some of the most popular types of bets that are commonly offered at sportsbooks. Here's another one:

  • Futures bet: This is a bet on the outcome of a future event, such as which team will win the championship in a particular league. For example: Super Bowl or World Series. Futures bets are often made before the event takes place and the odds can change as the event approaches.


This is very interesting and informative at the same time. To be honest, these are also the key information that I am not familiar with, but I nonetheless bet due to my impulsive decisions to gamble. Knowing these types of betting would definitely help not only newbies but also veterans as well in understanding the fundamentals of these bets. While they may seem useless or irrelevant, knowing these types would at least give you the knowledge on which type you can choose from.

Hopefully more posts about these guides would be created in order to help everyone with these unexpected and helpful posts!
legendary
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Leading Crypto Sports Betting & Casino Platform
January 02, 2023, 12:09:29 AM
#44
I was going to add the Money Line bet but it looks like someone else already did.  This I'd say is a nice solid start for those whom are new to sports gambling and are looking to get in to sports gambling, but I would also add that the most important thing is knowing what you're doing as in knowing the game.  If you're just throwing up random bets, not knowing the game or the players, your liklihood of winning these bets is not very good. So a word of caution when it comes to just throwing up uneducated bets, it's likely to not end up in your favor.
Correct.
Some gamblers are forcing it just because they want to maximize a parlay, it's not right. Stay where you really know the game and how it will end up.
Have some favorites if you can, especially with popular players who can score a lot and bet for their player props.
Right now, I am on that good streak of winning in player props with Luka Doncic and Nikola Jokic. These guys are known to put high numbers in their stats and it became my habit to bet for them. The only chance it will lose is when a game has an early blowout and they will be benched half of the regulation.
hero member
Activity: 2716
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January 01, 2023, 10:27:10 PM
#43

Would be happy if other veteran gamblers can add any gambling type that I may have missed.

Not a veteran gambler, but there are a long list for betting types if we decide to break them down 1 by 1 specifically.
It may be mentioned in this thread, but there are specific type of betting where you can place a bet in a certain quarter for basketball, a certain round for boxing or MMA, a certain person/player to score the first goal in a soccer match, or even in a basketball match.
Those that are mentioned in the OP are the generalized terms of betting types. Nevertheless, all of the specified types of bets can be easy to understand once you're on the platform and ready to place bets, so I guess newbies won't find it hard to determine how they want to bet on a certain match, especially when they already have enough knowledge on the sport.
sr. member
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January 01, 2023, 08:43:28 PM
#42
Many betting options are actually sport-based. Draw for example is exclusive to certain sports like football, MMA, or boxing but not in some sports like basketball. Over/under odds could also be offered for the whole game, per half, or per quarter. It also depends on the sport. There is also the option to bet on how many points a team would lead against the opponent. In boxing or MMA there are also unique odds like ways of winning. In boxing specifically, there is also the option to bet on a KO win from round 1 up to round 12.
legendary
Activity: 2282
Merit: 3014
January 01, 2023, 07:54:41 PM
#41
I was going to add the Money Line bet but it looks like someone else already did.  This I'd say is a nice solid start for those whom are new to sports gambling and are looking to get in to sports gambling, but I would also add that the most important thing is knowing what you're doing as in knowing the game.  If you're just throwing up random bets, not knowing the game or the players, your liklihood of winning these bets is not very good. So a word of caution when it comes to just throwing up uneducated bets, it's likely to not end up in your favor.
legendary
Activity: 2940
Merit: 1083
January 01, 2023, 06:58:27 PM
#40
So, these kind of issues can arise if one doesn't have proper knowledge.

Not at most cases. That's not even an issue to start with.

Even with apply analysis or not, our prediction is still not accurate or not.

Sports matches is unpredictable even how good we are in doing analysis.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
January 01, 2023, 06:56:32 PM
#39
This is really interesting and you really took your time to explain almost everything to us and the newbies as well.
I recently came across a thread talking about parlay betting and to be frank, that was my first time coming across such type of betting and it was last week from this date.
From my little understanding and research, I think despite the higher odd presented by parlay type of betting, I think there are awhole lots of challenges associated with it and I personally wouldn't want to risk anything that will be determined by another seperate game all together.

There is also a type of gambling and sportbetting that allows a player cashout if the game remains just one and the player isn't sure of the outcome of the match.
Isn't that also a type of gambling
Maybe you focus too much on casino games and haven't tried sports betting. That is why it surprises you that there are types of bets like that. Parlay is like a chain of bets or single bets which are being stapled together but this was only risky because you will mostly finish them all and if one of the bets is a loss then you will loss all your entire bet.

It's risky but rewarding at the same time because like you said the odds of it are also high compared to a single bet. Indeed that it's also challenging. This could test your knowledge and skill in sports betting but if you are a noob then it might be better to distance yourself from it for a while and focus on the basics first.
Parlay is really interesting, because it gives the chance of winning big for the same odds on single bet. To make ourselves active in watching a series of matches it is good to go with parlay placing small bet amount. We need to make a lot of learning about the team, players and many other factors to pick the right odd. With Parlay knowing about the rules is must. Recently one of the popular person lost a bet, but the prediction of him was correct. In full time the match was a draw and on overtime the match winning is correct as the prediction. So, these kind of issues can arise if one doesn't have proper knowledge.
hero member
Activity: 2562
Merit: 586
December 29, 2022, 03:42:23 PM
#38
This is really interesting and you really took your time to explain almost everything to us and the newbies as well.
I recently came across a thread talking about parlay betting and to be frank, that was my first time coming across such type of betting and it was last week from this date.
From my little understanding and research, I think despite the higher odd presented by parlay type of betting, I think there are awhole lots of challenges associated with it and I personally wouldn't want to risk anything that will be determined by another seperate game all together.

There is also a type of gambling and sportbetting that allows a player cashout if the game remains just one and the player isn't sure of the outcome of the match.
Isn't that also a type of gambling
Maybe you focus too much on casino games and haven't tried sports betting. That is why it surprises you that there are types of bets like that. Parlay is like a chain of bets or single bets which are being stapled together but this was only risky because you will mostly finish them all and if one of the bets is a loss then you will loss all your entire bet.

It's risky but rewarding at the same time because like you said the odds of it are also high compared to a single bet. Indeed that it's also challenging. This could test your knowledge and skill in sports betting but if you are a noob then it might be better to distance yourself from it for a while and focus on the basics first.
legendary
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Merit: 1398
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December 29, 2022, 02:11:38 PM
#37
I will personal advice against betting on matches that are already ongoing, not saying its bad though, but I don't just like betting on matches that are already in play, I have seen gamblers encounter system errors that lead them to loosing really big amount of money while they were betting on games that were live in play.

Isn't it just a mostly isolated case? I don't understand how the money will lose on system errors.

Not techy or an expert but as far as I know, if the bet didn't go through, no money will leave the user's balance.

However, expect that putting money on live betting does have a fast phase as odds changes frequently even for just a second. Especially for those doing parlays on the live bets, expect that some bets might not be properly placed because of the sudden change of odds or match being suspended in betting.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
December 29, 2022, 01:48:52 PM
#36
Most newbies should always remember, that when they make a bet on a which team would win, it is considered full time only. Overtime and penalties does not count. I have some friends that were confused why they have lost, when the team they have placed a bet won.

This is one I personally have experienced on, there was a match I place a bet on, at the end of the 90 minutes plus extra time, the score was zero on both sides.
It later went to penalty and the team I place my bet on to win the match won the match through penalty, and yet, the casino recorded my tickets as loss, at the beginning, I was furious as I personally hate and try to avoid anything that will have me trying to reach with a customer support, I decided to ask a friend with much experience in the gambling business before contacting customer support, he explained this to me.

Quote

And my personal advice, before placing a bet, check games results on different sources. Game scores does not update immediately, and by the time you hit "place" button, game score might be in a process of changing. Ive been in a situation, when I bet on a specific score, and after I've made a bet, the next second score was changed and my bet should not even exist (I've placed 2:0, when the score was 3:0 already).
I will personal advice against betting on matches that are already ongoing, not saying its bad though, but I don't just like betting on matches that are already in play, I have seen gamblers encounter system errors that lead them to loosing really big amount of money while they were betting on games that were live in play.
legendary
Activity: 2478
Merit: 1492
December 29, 2022, 11:24:29 AM
#35
Most newbies should always remember, that when they make a bet on a which team would win, it is considered full time only. Overtime and penalties does not count. I have some friends that were confused why they have lost, when the team they have placed a bet won.

And my personal advice, before placing a bet, check games results on different sources. Game scores does not update immediately, and by the time you hit "place" button, game score might be in a process of changing. Ive been in a situation, when I bet on a specific score, and after I've made a bet, the next second score was changed and my bet should not even exist (I've placed 2:0, when the score was 3:0 already).
legendary
Activity: 1708
Merit: 1280
Top Crypto Casino
December 29, 2022, 11:13:36 AM
#34
Mostly some people in table-top games make a double play in the game to have a higher chance of odds of winnings because if they win the game with the first account and lose in the second play they can earn those back as a return for loses and a higher chance of winning too because the odds of the cards, mostly I'm playing with the blackjack and the players taking a lot of seats because of this strategy, its been a while since I read the word parley which is in the pirates of the Caribbean well, this is the same as the strategy of it.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
December 29, 2022, 11:07:20 AM
#33
There are many betting strategies not to add martingale which is known by many of us. Given that there are various bettinf types, what I think would matter is the betting capability of a gambler. Winning is not certain in the first place and betting strategy could only slow down your losses. But if in the first place you can manage the amount you are about to gamble, you don't need to worry on such thing.
Parlay: A parlay (also known as an accumulator) is a combination of multiple wagers into one single bet. Each wager, or leg, must come through for you to win a parlay. Parlays are much riskier than betting on each game individually, but you also get better odds. In addition, you can wager on more events with one stake.
For this one, it is also known as COMBO or MULTI and it is more profitable if all the choices at stake win.
One can choose several matches or several betting options and make them in one bet. This combo itself actually has more multiple profits and can bet small but with big wins.
Usually beginners prefer to do combos in the hope of winning even more money.
Multiple bets? for sure there would be high returns but also, bigger losses if you won't be fortunate enough to get the winning bets. So I guess this should not be advised to the new ones in this industry. If it happens that all of your bets would lose, that would be dealing a huge damage on your capital, in an instant.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
December 29, 2022, 10:39:34 AM
#32
I think this thread needs to be added with more information, because it is also important for beginners to know about the types of bets available on many sports betting sites, I also have some who don't know the types of bets but I sometimes study them myself on the site, usually I will find out after betting  Wink
Yeah, the OP should consider to add other betting types that has been shared by other members here, it should be updated. To be honest, this is new to me as I'm still consider a newbie when it comes to sports betting and I think it will be different depending on what type of sports you're betting, am I right?
yes sometimes there really are a lot of types of sports betting that I don't know about besides that each site is definitely not very the same way it works and there are different types of bets also on each site maybe I'll keep an eye on this thread for more updates in the future  Wink
You can just bookmark it on your browser or click that notify link below this thread so that you'll get notified when people respond within this thread or just simply watch the topic. I use to do this from time to too but with threads that I may find interesting or may be good for future use.
I also pressed the "notify" button on this thread to receive any updates via my email, keeping bookmarks is another suggestion for me to try, I'm currently into betting on football betting so I need to know a lot about the betting system so it doesn't look like a novice gambler  Wink
hero member
Activity: 1498
Merit: 504
December 29, 2022, 10:28:31 AM
#31
Parlay: A parlay (also known as an accumulator) is a combination of multiple wagers into one single bet. Each wager, or leg, must come through for you to win a parlay. Parlays are much riskier than betting on each game individually, but you also get better odds. In addition, you can wager on more events with one stake.
For this one, it is also known as COMBO or MULTI and it is more profitable if all the choices at stake win.
One can choose several matches or several betting options and make them in one bet. This combo itself actually has more multiple profits and can bet small but with big wins.
Usually beginners prefer to do combos in the hope of winning even more money.
hero member
Activity: 2030
Merit: 578
No God or Kings, only BITCOIN.
December 29, 2022, 09:20:31 AM
#30
I think this thread needs to be added with more information, because it is also important for beginners to know about the types of bets available on many sports betting sites, I also have some who don't know the types of bets but I sometimes study them myself on the site, usually I will find out after betting  Wink
Yeah, the OP should consider to add other betting types that has been shared by other members here, it should be updated. To be honest, this is new to me as I'm still consider a newbie when it comes to sports betting and I think it will be different depending on what type of sports you're betting, am I right?
yes sometimes there really are a lot of types of sports betting that I don't know about besides that each site is definitely not very the same way it works and there are different types of bets also on each site maybe I'll keep an eye on this thread for more updates in the future  Wink
You can just bookmark it on your browser or click that notify link below this thread so that you'll get notified when people respond within this thread or just simply watch the topic. I use to do this from time to too but with threads that I may find interesting or may be good for future use.
hero member
Activity: 1106
Merit: 570
December 29, 2022, 09:14:43 AM
#29
This is really interesting and you really took your time to explain almost everything to us and the newbies as well.
I recently came across a thread talking about parlay betting and to be frank, that was my first time coming across such type of betting and it was last week from this date.
From my little understanding and research, I think despite the higher odd presented by parlay type of betting, I think there are awhole lots of challenges associated with it and I personally wouldn't want to risk anything that will be determined by another seperate game all together.

There is also a type of gambling and sportbetting that allows a player cashout if the game remains just one and the player isn't sure of the outcome of the match.
Isn't that also a type of gambling
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
December 29, 2022, 08:10:27 AM
#28
I think this thread needs to be added with more information, because it is also important for beginners to know about the types of bets available on many sports betting sites, I also have some who don't know the types of bets but I sometimes study them myself on the site, usually I will find out after betting  Wink
Yeah, the OP should consider to add other betting types that has been shared by other members here, it should be updated. To be honest, this is new to me as I'm still consider a newbie when it comes to sports betting and I think it will be different depending on what type of sports you're betting, am I right?
yes sometimes there really are a lot of types of sports betting that I don't know about besides that each site is definitely not very the same way it works and there are different types of bets also on each site maybe I'll keep an eye on this thread for more updates in the future  Wink
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