Topic: Betting Types Newbies Should know About (Read 695 times)

You know 9ne thing with making predictions is that we can not be fortunate always since everything is based on guesses and sometimes when we win we mostly think that we are good and could continue making predictions without knowing that most cases it's just luck that embraced our thought.
 There are some persons that do not watch football frequently but could be better than those that have the whole statistics to make a better predictions. Mostly time it's not about the skill but about making the right decision.

In fact, to predict only two matches that are entered in parlay mode, does not guarantee that we will get the bet at all. no exception, if even then it is a single bet match. everything carries a risk, nothing is without risk in the world of gambling and we are very aware of this. however, because in the world of football we have a different uniqueness from gambling based purely on luck. here we can analyze, from the number of matches that will be played on the same day from various leagues.

At least, we have many choices to determine which team will be included in the parlay list. So, if only 2 or 3 fights, based on my experience. it's not too difficult to win the parlay bet. What's unique is that with a small capital we have the opportunity to get a high reward. even so, the bets that can be relied on the most are single bets, not forgetting to involve a little luck.

You say that an outsider wins very rarely, but at the same time, the statistics of your winnings implies that more than 30% of your bets are losing, so it's not so simple. Multibet is a good way to get a big odds, then the risks will always increase, no matter how many outcomes in the event, because you increase the risks with the number of events in the bet.

My favorite type of betting on football is Asian Handicaps. Some users have already talked about it in this discussion, and I believe it should be mentioned in the OP as well. It might seem complicated at first, but it takes very little time to understand the logic. In essence, AH allows you to bet on two outcomes at the same time.

Many of those bets are like placing two wagers. You can win both, lose one and win the other, or lose both. Compared to traditional bets, some Asian Handicaps give you an option to earn back the wager even if the match didn't end as you predicted. You can also win half or lose half of your money.   

Watching football matches doesn't make a bettor a good speculator in gambling. There are people who watch less matches but can predict better and some times it could come as gifts. I know of people who get there games to bet revealed to them in dreams. Moreover some people who watch less matches have some gambling sites that analyse probable outcomes of games to win through bets. So it depends but not depending on who watches more football matches.

Parlay betting strategy is really good if you bet on favorited player/team especially in a sport that has very tiny chance of upset could happen. MMA is an one sport that the underdog is really rare to beat the favorite, I wouldn't hesitate to bet 2-3 games at once. Based on my experience, I won around 60-70% based on my predictions.

For sport that has a chance draw to happen e.g. football, basketball etc, it has higher chance your parlay betting would be useless since it's hard to predict it.

Definitely, even a 2 game parlay is going to be a big risk even if the odds increasing to something like 2.5x-3x that's why it's very very hard to hit it. But for sure there are gamblers who will take that risk, afterall that's the very basic of our gambling, try to look for the best odds for our money. And with just small bets it can turn to bigger money if we can hit all those bets of ours. It's not for all though, others will just go and bet on single matches take that odds regardless of how big or small it is.

It will be up to them to make their respective predictions because after all, we have to make an analysis for each game if we want to bet on sports betting.
Every beginner who wants to bet must have their own team of choice, whether they choose based on analysis, advice from friends, or just based on feelings.
But sometimes beginners cannot do a better analysis because they are limited in gathering information on the teams that will compete.
And I don't know if beginners know the types of bets like most sports betting gamblers.

Parlay betting is really a risky once. If you are not ready for losing your money in an instant, then don't do this. This is because the probability of winning is far lesser than losing in this type of bet. One small mistake would ruin your bet and you will end up losing all your hard-earned money. If you are after the thrill, this one will be an exciting one for you. Unexpected turn of events could either make or break your bet. If you want a rush pump of blood in your bloodstream and if you are hungry on winning a huge amount despite betting not that big, then go for it. Otherwise, just don't take your chances because you might end up regretting your decision.

The main thing why parlay entices players to do bet is the possibility of winning a big amount just like in lottery. While it is common, I don't really suggest for newbies to do this unless they already have enough knowledge about it.

Mostly it applies to beginners. A bettor that's new to sportsbetting or has done it for the first time can randomly choose any team or athlete he wants to bet with.
And the same with casino games beginners, they can just roll any number in the dice after reading the short introduction on how the game goes and that's it.
Whether it's luck based or not, a beginner can play YOLO and randomly bet with anything that they want as the beginners luck is what believed to be there and won't be too emotional with first bets.

This time around many people knows exactly how to make a prediction on how to make their bets in any particular gambling they are into so from my understanding we don't have a beginner in gambling prediction everyone have internet and one who is a soccer gambling is interested and watching Match so that it will enable it to analyse a football and also predict it much are correctly

In all games that a gambler will bet, basically there should be an established knowledge on that certain game so that the gambler will bet based on his acquired knowledge on the team or the players, and not only because of his own instinct that this or that team will win. Obviously, if a bettor knows no everything, and just end up random betting, his chances of winning is very rare.

This option of bet is usually for football and bettors on it believe that it is more easier to grab or win rather than going straight on 1 or 2 that is home win or away win. The numbers of goals scored in a match will look easier by judging by mere speculation but in actual sense of it, it is not also easy to win and in fact no betting option is a push away or easy to win. At times even under 0.5 first half can bring lose to your collection of bet or 1.5. It is just the luck you have that can carry you on your bet.

I agree, it's not everyday that you can bump with this kind of thread that OP created dressed as an article when you looked it up in the internet, to help the newbies when it comes to gambling terms and what does it mean. Sometimes, self learning is a must and sufficient enough because that's where you can actually learn rather than reading this thread as eventually, there's a good chance that you will just forget it sometime later. As they said, there's always a first time for everything, we just have to keep learning.

I still don't understand how you minimize losses in express bets, if even one wrong bet leads to a loss. Parlay betting is a very high-risk segment of sports betting and to make a profit you need not only to be very knowledgeable in the sport, but also to be lucky.

In my opinion, the only way to reduce losses is to completely eliminate express bets from your experience and place only single bets.

Yes, of course all have risks and use their own multi method when betting, you have to really win everything that has been chosen to be at stake, whereas if only one loses, the other wins will not be counted and it will be the same as losing.
Maybe for beginners it will be a little difficult to understand and be able to do multi bets correctly because you don't only bet on one but several are at stake.
However, there is a way to minimize losses in multiple bets and I often use this method, namely by cashing out when we are in doubt about what is at stake.

Gambling is a tough game, not everyone can win here. To win gambling, a gambler must be professional. But if a newbie starts gambling then it is normal that he will lose most of his bets.  Because he won't understand how he can win at gambling, but he will walk several times and eventually become a professional and start to understand the potential ideas.

Yeah, I know exactly what you mean!

I just placed a bet after reading your post



for this very reason. Regardless of whether I'll win or not, I like seeing those numbers, my potential win. I think my all time record odds were around 10k. I lost that bet with 10k odds, and since then I'm making more realistic ones, but I think once in half a year it's cool to make such bets, so I'll keep making them, with that frequency.


Exactly. A five-leg multibet is incomparably more exciting than 5 separate single bets. And if you try to bet with minimum amount, like I do, it's 5 times cheaper too.

While at the same time parlay betting is profitable for a knowledgeable gambler, but it’s also not advisable for those who are still new to gambling as it could lose your money more fast than just single betting, although it could give you better odds of winning. However, if you are gambling more likely to accumulate more profits, then parlay betting might suit for experienced gamblers.

Demo videos can be a lot helpful if you are still a newbie in gambling, and with passion and interest, experience comes in. And with different outcomes, your experience alone will give you challenges and lessons that you will gain and learn later on. Although there are a lot of types of betting that you will encounter as a gambler, but for me sportsbetting gives me real challenge. And it would create more justice if you alone is a sports lover too.

Gambling is so vast so knowing everything about it is not easy, which is why I think there is only a tiny percent of people who have this kind of ability. All of them might be rich now because they use their ability to gain an advantage. They can either place a bet for themselves and they can also do mentorships for other newbie gamblers.

If you ask a person inside a gambling place then you can get a better response because there is a chance that the person is a regular gambler there but if you ask questions in this forum or in this section then not all responses that you will get here can came from a legit gambler but most of the users here are only posting to complete their quota.

if there's something that even a survey would see that more than half of the people who are in this world of gambling know and that they are people who know everything about gambling and who are constantly playing, people for example who do sports betting know the basics of every sports betting market like under goal or over goal, corners market, people know everything, even when it's casino games if anyone asks any questions to someone who plays in online casinos

and that person asks you about a game, or about the strategy of an online casino game, you will see that the person playing in the online casino will be able to answer immediately, because that person is constantly playing so it is natural to know everything about the games that play

That's not a typical betting type but rather a standalone betting game.

We can't see it though on famous sports betting sites as it's not a usual betting option.

I'm an enthusiast of that game and still popular here in my place. The tradition of that game is still here, alive and kicking.

sometimes you just need common sense if you are not yet familiar with such types of betting. or better yet, simple search from the internet and you will read a lot of info if you want to educate yourself, if you happen not to know this forum. in this digital age, everything is already offered on the table, it is on you how you will tap those resources.
whatever type of betting you will apply, if you are not familiar with the sports, winning may be slippery from you.

That doesn't require a separate thread or subject. Isn't it just supposed to be normal to know and understand that gambling mostly leads to losing compared to winnings? When someone starts gambling, that should be common thinking already, and no need for further discussion.

Knowing those betting options can somehow help newbie bettors to understand where they should place their bet.

No need to study seriously those though as while progressing in doing sports betting, those terms will be automatically learned in the long run.

What's been said is a game that is being played in your locality. What OP have mentioned is about the basics every cryptocurrency newbie into gambling should learn. Most of the time we play without understanding the basic and OP's description were mostly for the sports betting. When it comes to casino games, it is all about strategies.

There's a type of betting in the Philippines too. They call it End Betting or Ending, where they bet over what the last digit of the score of the teams will be. Games where score can go to two digits or more is perfect for this game, basketball for instance. Special cards are given to confirmed bettors where they are to cross out what they think the end numbers will be. And a little futures betting is involved because they are basically predicting game outcomes. It has been a huge part of the neighborhood culture in the country, and as far as I know it is still in practice to this day.

Taking a look on all these things is very important for everyone especially for those that are just starting the race and we need need to study so we can make use of other options to make a good and better predictions. I remember when I just started betting on sport bets, I never new about so many options i do use now which had enlightened me on a better way to predict and analyse my bets to have a frequent winning.

Nice write up, just wanted to add on what's in the OP + Thread.. Which is the ;
Draw No Bet This type of betting system is used to take away the stalemate aspect of a game and leaves a player with two options instead of 3 which is win or lose. Btw the DNB pays out a punter if their side wins but settle any draws as refunds and of course picking the wrong team means losing  your money, it's a fun game play if you want to remove the risk of losing because of the draw(X).

I think the best thing they should know about is not a method or type of betting, but more about how it is something that you will lose money on most probably and you should be ready for it. If newbies end up gambling then they should know that they should not be expecting money at all. I see too many people who start gambling with hopes of making a profit but we all know that it won't happen and you will lose money most probably.

If you start with idea that it's just fun thing to do, a type of entertainment then you should be fine. There are a lot of people who starts gambling and want money and that's a big type of trouble and should not happen at all.

For me, most times, multi bets is not all about winning, because if it should be based on this all the time, majority of gamblers could easily give up trying out multi betting out of frustrations.
Like i mentioned earlier in another topic, sometimes, i personally enjoy looking at the amount of money i could win if the games in my multi bet slip all push through.
And also, multi bet games are full of suspense and more enjoyable than single betting, this is because as one game is ending, and you happen to win it, depending on the arrangement of the games in your multi bet slip, you are already looking forward to the next game and hoping you win that too, this is how it goes on until that game that makes or break the slip comes into play.  

This concept is right but is important to mention that this kind of bet can end in a draw, Let's say we are watching a soccer game and bet on 'Under 3' total goals and team A score 2 and team B score 1, making the total score to 3, if that happens we will not lose our win our bet, we will get the money back. And if we had this bet in a parlay we will not lose the parlay, we just will not get the multiplier from that bet 

Actually yes, if a beginner wants to bet let alone to a serious level. in particular, sports betting. there are basics that need to be known and understood, before placing a bet. and Op have shared some related information with some knowledge for beginners, although there are still many options that can be done in the gamble. After all, every type of betting, be it casino games or sportsbook, provides a review of all types of betting on their site. it's just that most people are reluctant to read it, especially those related to ToS.

All bets related to sportsbooks are very diverse, there are many options available when it comes to betting. however, most people prefer to bet on one of the favorite teams. when in fact, in football there are many options other than parlay.

In this you are absolutely right, it is very necessary to know each aspect to consider, in the case of betting on the favorite teams it is what people are mostly guided by, I consider that one can bet on certain sports that one thinks one has good knowledge of , as in my case it is soccer and nevertheless after the World Cup in Qatar, which was a world of surprises and we were all very impressed to see some teams that we really did not believe would come out so quickly, and if this was the case, those that They only bet on Parlay, according to my criteria they must have a great knowledge to do it and win, although we have seen that many players what they do sometimes is withdraw when they are not very sure and have some profit.

I agree, the opportunity to make multibets, where you can win with a multiplier that is closer to slots than to sports betting, makes the experience much more enjoyable. Even though you are losing most of your bets, just one win of this kind



makes you so happy that you will surely keep making them multibets in the future.

It will not necessarily be profitable in the long run, but a great entertainment is guaranteed.

There's a lot of option and as a bettor you should understand this first before placing a bet because its not just a simple bet, you have to choose to increase your chances of winning. This can be a big help to those who are still confused about betting, since many knows only the basic like placing bet on their favorite team without considering the other option. OP should also update this thread with the additional option posted in the comments, its good to summarize everything to make it more easy to understand.

Great thread. This is very useful information for newbies who are starting their way into betting. Now, I just think you forgot about one form of betting that is also quite popular which is the Asian Handicap betting. I guess you should also consider this as many bookies offer this option as well.
Asian handicap is a form of betting that originated in Asia and is mostly used in soccer betting. It means that one team is the top dog who has an upper hand over the under dog. Asian handicaps eliminate the chance of a draw in a match, so the possible outcomes are two.

This is a great list of betting types for beginners and should be a must read for anybody going into sports betting. Making sure that we understand the type of bets we are taking is important as it could lead to a big loss if we pick the wrong bet. Sports betting can be a bit confusing at first, especially when we are used to only gamble in casinos. Reading some articles before getting into it is very helpful. Something I would like to add to the in play bets is that this can be a great tool to try and turn a bigger loss into a smaller loss or even a profit. Most of my bets I place several days in advance to try and get the best quotes. During the match itself many things can go wrong and our team could be losing. The most unlucky foul could change a game completely and ruin our bet. That's why I try to watch the games I bet on live as much as possible. And when my bet is lost or has no real chance of winning, I can place a live in play bet to recover some of my losses from the initial bet.

Parlay was one of the best things that happened in sports betting, imo. I understand the risk involved but if you have knowledge about what you are doing then it's going to be profitable for a gambler. Single betting in a single game is sometimes not enough and you are looking for more multiplication in your bet.
Injecting the parlay system really changed that kind of perspective.
Gamblers are known to take the risk, higher ones, so it's the best answer for that deficiency.
I am not sure if there is more to add, what was indicated do cover the basics.

There are rates on statistics for any sport, but for a beginner it will be even more difficult, because in order to make bets on statistics you need to understand this sport very well and monitor the news about teams, or players. So for beginners it will be possible to first deal with the basics at first, and then delve into a more detailed analysis of events. Or bets with two outcomes, like total, you have to try to understand what works best.

The point spread and live betting are the most common.

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.

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.

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!

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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).

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.

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.
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.

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 

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.

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.

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

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 

Not that newbies should try all that and find what suits them. It's not a usual strategy but rather a betting option.

Honestly, no need to engage in all those betting types and it's not necessary to know them all. If one feels like always sticking with Moneyline for example, then it is just fine to keep it that way in the long run. It doesn't that by knowing all of them, you can utilize your winnings. Games are unpredictable and "approaches are different depending on the sport".


I can't imagine who will put a bet on something they don't understand.

Betting on handicaps, total points, etc., and have no idea about that?

Maybe they just got those bets by a tip.

In basketball betting, point spread can also be considered as a handicap.

Dominant teams obviously will receive the minus (-) handicap and the underdog on the other hand will have a plus(+).

Pre-game odds on handicaps might not give bettors juicy odds that's why at some point, it's good to hunt good odds on live betting.

The OP has done well with this. I have enjoyed engaging in all these betting types.
And I can say that my most favourite is in-play bet. My reason is that the bettor gets to monitor the bet live and you see it while in action.
This makes it easier and simpler to forecast a bet because it is a live bet.

I have been gambling for years, but to be honest, I haven't tried all those betting types yet. Who would have thought that gambling isn't just about betting and choosing? It's a broad thing and there are plenty of strategies that we could apply. I've been doing parlay for a long time and am comfortable applying it. There are still other betting types that I would love to try in the future. I guess there are really lots of things that we could still discover in gambling.

Of all types of gambling whether it's slots, dice, roulette, baccarat, or whatever it is, I've always preferred sports betting. and as you wrote in your long list, i can bet on either option depending on the situation. even, i can change the asian style betting option or european option betting with 1X2, also, i choose the option to bet corner kick betting.

Yes, basically it all depends on the situation and my mood when I want to place a bet. even so, almost all of the betting options in this soccer. I prefer to bet on single bets, only choosing one match from all available match schedules. or maybe I could bet on some of the big leagues. and choose to bet on just one or two teams. not to forget, I also always bet on the Parlay option.

yes, as we agreed, Parlay is much riskier than betting on each game one by one. however, if you only choose 3 matches from all available leagues. you will have a high enough probability to win from your fight slip. what many gamblers need to remember who likes the Parlay option is that the fewer matches we choose, the greater the chances we will win.

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.

I saw this kind of betting more during the world cup. I had no idea it was called preposition betting, thank you for teaching me. I think this kind of betting can be more engaging and more likely to lure people to bet by thinking it is just a matter of answering simple questions that could be gotten based on past statistics and analysis of some players, that is the key players that the preposition bet is centered around. You can still loose.

OK noted. I'm not actually familiar with western bookies.

Odd Even (OE) type of bet.

What if you add the Odd Even (OE) type of bet, this type of bet can be said to be relatively new in the world of gambling, especially football, but it is very fun if you have ever made Odd Even (OE) bets.
The way is easy: just like betting in general, guess the score based on the final match statistics that have been determined in even and odd forms.
For example: Liverpool vs Real Madrid, if the final result is 2-2 then those who have the right to win and get a prize are those who have an even number (4) and if the final result is 2-0 the winners are those who have an odd number (odd), In Odd Even bets you don't need to guess the score for the club, you just have to guess even and odd, if the football ends 2-0 those who place the odd bet take the money, and vice versa.

And while we're at handicaps (while not necessarily being one, as this is considered as a part of spread betting), newbie bettors might encounter a thing called Asian handicap on football games. While traditional lines on football contains a draw option to bet on, in Asian handicap it eliminates this possibility which somehow forces a winner in an event—even if the score ends up being the same—as there are only two options to bet on. The favorites to win are usually given a point deficit (depending on their form) in order for the underdogs to be on an 'even' level in terms of bet.


This one I have tried on huge tournaments but always failed to win anything at Even though I know how well these players perform, I always end up missing my bets and destroying my picks, that's why I mostly stick to parlays as this is more straightforward and is foolproof (at least for me) because you are not adding a lot of elements in your bet and you're just straight up going for outcomes. For newbies, this is more recommended if they are confident on their predictions in multiple events - brings more juice to their odds and brings more value to their bet.


I have seen parlays with thousands of $$$ put into them in my stay at Nitrogensports a few years back, mostly on NBA conference finals. Most memorable one perhaps is a hit with x57 with $2500 stake on it. Kinda forgot who it was but it was the Eastern Conference finals parlayed with some Dota games back in 2018. It kinda inspired me to parlay each bet but meh, I'm just not that good in predicting multiple outcomes at the same time.

This is also my favourite bet because it gives gamblers the opportunity to use small money to hit it big,like the rules of gambling, only gamble with money that is not for a special need,sometimes you can bet on a long slip and if you are lucky all your bet turns out to be the result of the games, man you have won it big,this is when sometimes the last game can cut your slip when you refuse the cash out offer.

I also like goal prediction type...that one is easy you just predict only the scores,how many goals both team will score in the first half,or just one of the team.

That's the "points spread" and it was mentioned by OP. Handicap as they call it in different areas. I call it the same way before, until I learned more from the members here in the forum.
And yes, the more you gamble in sports the more you will learn about other types of bets and that includes combinations.
Example: The winning team + the total score of both teams. Sometimes it does work when you know the history of both teams if they are offensive or defensive ones.

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?

My general favourite betting for sports is over/under bets. Those are like somewhat 50/50 bets. Instead of guessing very adventurous results you just check football teams and how they play and you can easily guess which teams can score goals easily, or concede. Its really not that hard to guess which goals will be scored if you are familiar with teams in my opinion. I mainly talk about football matches here tho I believe same strategy can easily be applied to basketball teams or players. Its what I suggest to beginners.

Handicap
This allows bettors to favor a team with some points. Eg when you give a team handicap point, it means the team is ahead already and if for example the game ends draw, your tickets boom. A lot of options to be explained but some have been highlighted in the previous comments already. One thing with betting is that the more you're into it, the more you can get to understand some options. Always gamble responsibly.

You are correct that there are many variations of betting types, and each sport may have its own unique options. It is important for new bettors to familiarize themselves with the different types of bets and the conditions that must be met for a bet to be successful. It is also important to understand the odds and the potential payouts for each type of bet, as well as the risks and rewards involved.

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 

Not just the half. It could be the total of one team only. In NBA if one team let's say LA Lakers can reach 120 points in total for their team only. There's also a betting line for that.
The other bets when it comes to points are the consecutive points they can make, mostly the minimum is 9 points in basketball which is difficult.
You will need a 10-0 run to win this.

There's a new method called "betbuilder". Same game parlay as basically called. Because that was not existent before.
But this kind of parlay are mostly used for player props, you can make a parlay of different player stats in one game which could enormously be profitable if you know what you are doing.
Like this for an example:

Same game but different stats for each player.

Cool topic you got here mate. All I know was single and multi(parlay) bet terms since I’m typically betting on game winner or match handicap pick. I‘m only become familiar props betting this world cup because this is my first time to check that category since most of the Duelbits sportsbook promotion is on that category aside from both team to score.

The point spread is what I don’t understand before and I’m too lazy to do the search since I’m not interested on other complicated bet type. I believe there’s still a lot of bet type missing base on what I’m seeing on Duelbits sportsbook that I still don't know there. Keep the list updated mate.

There's so many variation betting types that doesn't explained by you and each of sport has their own unique betting types. I think the better is they need to try it yourself and familiar with the sport, I still find there's a newbie who place their bet because there's so called professional gambler who bet on that's betting option. This is really bad since they're not familiar and not know what's the condition of the bet to win.

This terms can be self-taught easily actually the more you use and experience sports betting either for testing purpose  entertainment^{(betting small amount)} or serious betting ^{(bet to win)}
But of course reading articles or watching/streaming videos on how to use them will probably give broader knowledge.

Parlay betting also works for me although in the real sense, parlays are not worth the money. Even if we know single betting is better and more safe than parlay betting, but somehow I realized it’s good to take some risks somehow and just play small amount of bets which if you get lucky, you will win such a huge amount out from a minimal bet. Though the odds are better in parlay, but this type of betting is usually like a lottery bet, the small bet is still capable to win a jackpot amount, but the bigger chances of profiting is still the house itself.

Other casino call it Outright/s bet.

Where is the basic of them all? Money Line (ML) bet? wherein we bet on who is going to win based on the favorite and underdog odds.

Parlay odds increases as you added more in your list of bets. @Fivestar4everMVP - I don't know but I have seen gamblers betting huge amount on the parlay and seen someone hitting x100 on it.

I am not a veteran gambler, i am more like a newbie though all the betting types mentioned in the OP isnt new to me, Parley is the most interesting for me, infact, i always prefer to parley my betting as this give better odds and depending on how many games that are combined into one parley, one could stand a chance of turning a very little amount of money into something really huge, but on the other hand, the risk is always very much higher too as any wrong bet destroys the entire ticket and it doesnt matter whether every other games went through as predicted.

parley betting are best done with small amount of money laying around on ones account that he or she don't mind losing, using really huge amount of money to parley bets is a huge risk which i dont think professional gamblers would even take.

These are normal betting types,but there are truly a myriad of sport betting option that newbies I know for sure have no idea at all that they exist because I had no clue about such bets when I was a newbie myself.I will add the most typical one.

Both teams to score yes/no This is the most typical sport bet that most of the gamblers bet on statistically speaking because it is one of those bets where you have hopes until the end of the game to win it.For example in a typical soccer game if you bet on team A to win and if team A within 30 minutes is down 3-0 chances are high you lost the bet,while if you have both teams to score yes you keep believing until the end of the game or you win if team A scores at least a goal.

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 for newbies that many be finding it hard to understand sportsbook betting types. Read the article below which is found on www.gaming.net and www.casino.org. My hope is that it helps to increase and improve your betting knowledge.

Most betting types relate to the score of a game, but sportsbooks try to make things interesting. Players can make wagers on which team will win, the number of scored points, and the margin of victory.

• In-play bet: Some bookmakers call it live betting, yet the concept is the same – bettors have an opportunity to make wagers while a game is active. In live betting the odds change during the match.

• The point spread: Betting sites like to encourage action on both sides, and the point spread makes it possible to place a wager on an underdog, while they still expect them to lose. The point spread allows players to guess the numerical point separation between the teams. For example, when a team gets favored by 4.5 points, they will need to score 5 or more points to cover the spread.

• Proposition bets: Prop betting is a relatively new option and the principle is that bettors get propositioned with a question. For example, Messi to score 2 goals, Messi to score a penalty, Messi to score a freekick

• Over/Under bets:  The over/under bet forecasts the total score of both teams, but also the number of points scored in a half. Players select if the final score will be over or under the offered average. For example under 1.5  or over 2.5

• 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.

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