Types of Sports Bets a Sports Betting Platform Must Have

Page breadcrumbsEnd of page breadcrumbs

Sports betting platforms provide hundreds of bets to their users to ensure they stay engaged and keep coming back to the platform. But there are few bets that are most loved by the bettors around the globe and these make it to the list of must-have sports bets on your sports betting platform. Some of these render simplicity while some of these add excitement and thrill to the betting experience. Let’s check them all out.

Straight Bet

The straight bet is one of the most common bets among the bettors, which makes it one of the must-haves on your platform. It is also one of the most preferred bets when it comes to popular sports such as basketball or football. This bet involves a betting line, which is also known as the point spread. This enables players to either bet on the underdog and earn some points or give up points by betting on the favorite. To cash-in, the favorite needs to win by more than the point spread. In the case of the underdog, he has to lose by less than the set point spread to win the bet. When draws happen in such bets, these are known as push, which means, no one loses or wins money in the end.

Parlay Bets

Parlay bets are also known as combo bets, multi, or accumulator. These are the single bets that tie up two or more bets together. These can be 2 bets tied together or can be 10. The reason why bettors go for these bets is that these Judi Bola Online24jam Terpercaya offer higher payouts, but these also involve larger risks. To win the parlay bet, punters are required to win every single bet. If any single one of these is lost, punters lose the bet. In case of a draw or a “push”, the bet Situs Agen Sbobet removed from the parlay.

Over/Under

Over/Under bets are also known as Total wagers. And as the name suggests, the bets depend on the total score of any match. Total here stands for the sum of scores of both the teams. Odds providers come up with a figure and bettors place wagers on whether the sum of the scores would be over that provided number or under it. The winnings in this bet majorly depend on the odds provided.

Full Cover Bets

Full cover bets go by different names. And the names depend on the selection. The selection of three is called Trixie, selection of four is Yankee, selection of five is Canadian, selection of six is Heinz, selection of seven is Super Heinz, and selection of eigh is known as Goliath. The biggest reason why bettors love full cover bets is it comes with an advantage. The advantage of splitting the bet in multiple selections. When the bet is placed in this format, players earn the payout even when they don’t win all selections. This enables bettors to make a profit without taking much risk and hence, this makes full cover bets one of the most preferred bets by amateur bettors.

BACA JUGA:  How to Bet on NBA Games

Futures Bets

Future bets involve placing wagers on outcomes based on events that will occur in the future. This involves placing bets on WorldCup, college football championships, MLB world series before they even commence. Bets are placed on the entire season and these also involve plenty of games the outcome of which influences wins or losses. These bets are best for boosting the engagement of players on your sports betting platform as they go on for weeks and sometimes even for months.

Handicap Bets

Handicap bets are also known as the spread, line betting, or points betting. These bets allow bookmakers to even the field by giving disadvantages or advantages to certain competitors. This enables them to transform a sports event consisting of varying odds into an even money match.

Money Line Bets

Money line bets are the simplest form of bets and in these bets, a punter just picks the team he/she expects to win. That’s it. These bets are represented in negative as well as positive values. The negative values represent the favorite team and also tell the punters how much money they need to wager to win $100. Positive values stand for underdogs. Higher positive values show that the teams are expected to lose according to the predictions of oddsmakers.

Head-to-Head Bets

Head to head bets are also known as two-way bets and belong to the traditional group of the bets. These bets enable bettors to bet on wins, lose as well as draws. Draws are the third type of outcome in these bets and bettors can place wagers on these outcomes as well. The simplicity of head to head bets make them favorable among amateur as well as professional bettors.

Teaser Bets

Teaser bets are similar to parlay bets. Both types of bets involve the selection of multiple events. In order to cash-in, bettors need to make all the right choices. The teaser bets are common in football and basketballs.

Pleaser Bets

Pleaser bets allow bettors to move the line in the favor of a sportsbook. And this is done in the exchange for better odds. This gives sportsbooks a better line and also provides the opportunity to the bettors to receive higher payouts. The more points bettors give away, better the odds they receive.