The world of betting is a colorful one, and different bet types not only bring diverse fun, but also meet different strategic needs. For novice and experienced bettors alike, understanding the common types of bets is the first step in improving your decision-making skills. In this article, we will introduce 5 basic and important types of bets to help you better explore this field.
1. Single Bet
Definition: A single bet is the simplest form of betting, where you place a bet on the outcome of a single event, such as a win or a loss in a particular match.
Characteristics: Low risk, direct return, suitable for novice beginners.
Scenarios: Predicting a team's win or the total score of a game, clear and concise.
2. Pass betting （Parlay Bet/Accumulator）
Definition: Parlay Bet is a combination of multiple single bets that can only be won if all selections are correct.
Characteristics: The odds are multiplied, the return is higher, but the risk is also increased.
Application Scenario: When you are confident in the outcome of multiple matches, you can try this high return play.
3. Over/Under Bet （Over/Under Bet）
Definition: Instead of focusing on the winners and losers, Over/Under Bet predicts whether the total number of points scored, goals scored, etc. of the game will exceed or fall below a certain preset value.
Characteristics: simple and easy to understand, does not rely on specific results.
Application Scenario: Suitable for bettors who analyze the rhythm of the game or the team's offensive and defensive capabilities, such as predicting the total score of a basketball game over 200.
4. Handicap Bet （Point Spread Bet/Handicap）
Definition: Handicap betting balances the winning percentage of both sides by “adding points” to the weaker side or “subtracting points” from the stronger side.
Characteristics: Increased depth of analysis, more competitive odds.
Application Scenario: Suitable for the game of strength difference, such as soccer, the strong team to let 1 goal win. 5.
5. Live Bet （Live Bet/In-Play Bet）
Definition: Live betting allows you to place bets while the game is in progress, and the odds will change dynamically according to the situation on the field.
Characteristics: high flexibility, requires quick decision-making and a keen insight into the game.
Application Scenario: When you are good at observing match trends, such as adjusting your bets according to the players' status in a tennis match.
How to choose the right type of bet?
Beginners: Start with single bets or over/under, simple and easy to get started.
Those looking for high returns: try over-the-top betting, but manage the risk carefully.
Analytical players: Handicap betting and real-time betting can better utilize your research and judgment skills.
Conclusion
Understanding these 5 types of bets will allow you to be flexible in different scenarios and find the best way to play. Whether you're looking for a solid bet or a challenge with high returns, mastering these basics is the first step to success. Try using these bet types now and start your betting journey!
