Different Types of Bets | Common Types of Sports Bet

For those who want to understand the different types of sports bets, you’ve come to the right page. We have improved this page by helping sports bettors of all levels gather all they need to know on the subject. We’ll make sure you have a good understanding of your sports betting options by the time you finish checking out our guide on the different types of bets. Anyone new to sports betting has is that you can bet a lot more than the winner of a game. Newbies are excited at how expansive their new landscape is but suddenly realize that they have no idea of what they are doing.  No worries! We are here to answer the confusion and send you back to the sportsbook radiating with confidence. It’s either you are new to sports betting or just someone looking for a refresher course. We are going to walk you through every type of bet that is available to you. We will tell you how each type of bets work, tips, and strategies. Also, how you utilize them in your sports betting plan. Below, we provide easy-to-understand explanations for each of the main types of bets. We strongly suggest taking the time to read this page to make sure you never place bets unless you’re entirely sure how it works. You will probably want to stick with the simple types of bets to start with. However, there might be occasions when you want to use the more advanced ones. Of course, you don’t want to miss out on potentially profitable opportunities because you don’t know how it works. That’s normal. However, we recommend that newbies learn all about the different types of bets as soon as they can. Although some types of sports bets are more complicated than others, none of them are hard to understand.

Different Types of Sports Bets

Above all, we have additional types of sports betting resources section with other quality guides you can use to expand your knowledge on several topics. We will conclude things with a frequently asked questions section to explain things if you need clarification. At the end of this guide, you will have full command of the different types of bets at your disposal. You will know how they work and their function. The advantage and disadvantages of each type of bet. Mostly when and how to use each type of sports betting. So, learn more about types of sports betting. If you are ready, buckle up! Be responsible for sports betting. Then Play at RED18!

1×2 BET

1x2 betting
Those who are new to sports betting or newbie may find themselves looking at the available markets and asking. What is 1×2 betting? Well, this is a common type of bet for new punters and it’s not difficult to understand. This kind of sports betting also known as a full-time result, match betting, or three-way bet. 1×2 betting is most popular in football. This type of bet involves betting on the result in a match. There are three possible outcomes home win, draw, and away win. The 1 refers to a win for the home team, the X represents a draw and 2 symbolizes the away win. The match result will be the score after 90 minutes and totals will change based on factors like injury time, roster, or unless stated otherwise.

ASIAN HANDICAP

Asian handicap betting - types of bet
Asian Handicap betting also called point betting or line betting. From the word itself, this type of bet started in Asia, though it has become increasingly popular throughout Singapore in current years and in many parts of the world. This kind of sports betting is used to even out the playing field between two teams who are not evenly matched. It indicates that one team has a virtual lead over the other side. The difference of this type of sports bet is that it eliminates the chance of a draw in a match, so the possible outcomes are two (win or lose). This symbol (-) is set to the favorite team which has a handicap disadvantage and a plus symbol (+) is set to the underdog team, which has a handicap advantage. For example, if you bet for a -2.5 handicap you will either win if your chosen team wins by two goals or more, or lose in any other case.

OVER-UNDER

over/under bet
This type of bet stands for the total goals or combine score of both teams in a single match. The popularity of over-under bets is second only to the money line bet. This type of sports bet is where you have correctly predicted the combined score of two teams. As a punter, you have to pick if the total number of points scored by both teams will be over or under the set total. If you believe there will be more points than the estimated total, you would bet the over. If your instinct will be fewer points than the estimated total, you would be the under. Example: The line offered is 3.5 goals. If the total goals for the game are 3 or less, the winning bet will be under 3.5 goals. Otherwise, if the game has 5 goals or more, the winning bet will be over 3.5 goals. Bookmakers will adjust their odds and number of goals appropriately depending on the statistics of the league or the team goals average.

TOTAL GOALS

There is no such overall strategy for sports betting on total goals, however, there are many ways in which you can tilt the odds in your favor. One of the simplest is to focus on games that you believe will be high scoring or low scoring affairs because both teams have consistent and goal conceding records. Remember this type of sports betting is based on the number of goals scored during a match, regardless of the team. The total amount will get from the full-time score. Also, this type of sports bet method is a more reliable bet than predicting who will score the goals. Normally, the ranges are 0-1 goal, 2-3 goals, 4-6 goals, 7-8 goals, and 9 or more goals. The result of this match will be the score after 90 minutes and injury time only unless stated otherwise.

BOTH TEAMS TO SCORE (BTTS)

btts - both teams to score
This type of sports betting also called BTTS. Bookmakers will often use the abbreviated version BTTS because it is quicker and easier to use than both teams to score. This type of sports bet is a flexible and easy-to-use bet. It is similar to an accumulator bet. Also, it is a great sport betting option if both teams are equally strong. So, if you are having some trouble thinking who would win the match, the BTTS option could be a smart move. As long as both teams score at least one goal at any time during the match then your bet is a winner! This type of sports betting is unique and fun. Just choose either the YES or NO option. Example: If one team fails to score, the winner will be the NO option. If two teams score, the YES option will be the winner.

CORRECT SCORE

correct score bet
In this type of bet strategy, the results are difficult to estimate. So, you need to know the proper details and ways to get it right. Like every sports betting, there are advantages and disadvantages. For the correct score market, the advantage is the bookmakers offer better odds for it, usually because it’s tough to predict the correct score. The disadvantage of this type of bet is the difficulty of the market. You would need ample knowledge of two teams and their tendencies to score, their goalkeepers’ stats, strikers, and so on to predict it accurately. It’s not only risky but it’s extremely difficult to predict this type of sports betting. However, that’s also why correct score odds are so good. Example: You will predict the final score of a match either the halftime score. Many choices cover almost every possible result. Any choice that is not mentioned is covered by the Any Other Score or AOS. (i.e., 5-5 draw).

CORNERS

This type of sports bet is a popular market for bettors. It’s one of the most interesting sports betting markets to invest your money, to gain long-term profit. Also, it is one of the simplest yet misunderstood types of bet in markets. If you’re new to sports betting, you might think that corners are valuable if they lead to a goal. Most punters think that this type of sports bet is random and it doesn’t deserve any statistical or analytical research. There are different markets for Corners betting but the over/under 10.5 corners are more popular. So, 11 or more corners would mean that over 10.5 corners would be the winner. Then 10 or fewer corners means that under 10.5 covers would be the winner. These are usually offered among similar bets like a team to win the next corner.

PARLAY

parlay bet - types of bet
Also known as accumulator or Acca, combo bet or multi. A parlay bet is one of the most popular types of sports betting. It is a single bet that links together two or more wagers on one ticket. The good thing about this type of sports bet is that bettors can bet on two or more point spread, totals, futures, over/under, or money line bets. This type of sports betting can earn a higher payout than placing each bet separately. However, the difficulty of hitting them is much higher. The disadvantage of this type of bet, if any of the bets in the parlay is a loss, your entire parlay bet loses. That’s how parlay bets work. However, if one or more parlay ties, pushes, postponed, incomplete, or canceled, the parlay reverts to a lower number of teams with the odds reducing appropriately.

DOUBLE CHANCE

double chance 1x2 - types of bet
DC is originated to work with the standard 1 X 2 (3-way bet). By choosing this type of bet, you can select two out of three possible outcomes and increase your chances of winning by reducing the odds. It allows you to hedge your bets in a way, not only gives you some convenience in your type of sports betting, In a regular type of bet 1 X 2, you will be able to select one of the three available options, which can give you a 33.3% chance of winning your bet. While selecting Double Chance as your sports betting your chances of winning increase to 60%. This is a great type of sports betting strategy if you are unsure of which team may take the match. This type of sports bet is also a great option if you are still new to online sports betting. Below are the options: 1.            1 or X: It refers for a Home team to win or Draw the match 2.            1 or 2: It refers for the Away team to win 3.            X or 2: It refers to the match to be drawn

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