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Online sports betting: Types of sports bets

The breakthrough in the technology in the form of Internet has given an altogether new dimension to the world of sports betting. Initially, people derived kick and adventure through spot betting or televised betting, but now, thanks to Internet, the entire sports betting scenario have changed completely. Today, we see more and more people enjoying the game through Internet in the form of online sports betting. As compared to outmoded form of betting, on-line sports betting is much simpler and less scary. This is because, most of the sports betting sites offer forthright listing of various types of available sports bet including the odds for each bet. The availability of the various types of sports bets generally depends on the place and the kind of sports you are betting on. For instance, In North America, the common type of sports bets is money line expressed as a plus or minus. However, European style of on line sports betting generally involves the expression of Odds in the form of decimals while in the UK, the most common type of bets is Odds expressed as fractions. Let’s have a look at the different types of sports bets that are available for a sports gambler.

1. Proposition bet

As far as an online sport betting is concerned, Proposition bet is one of the most interesting types of sports bet. A proposition bet is generally very absurd or bizarre as in this type of sports bet, wagers are typically made on the particular outcome of the game. For instance, online betting on the free throws that each team will shoot or betting on the touchdowns scored by one team will be more than that scored by another team. These bets are mostly offered at 11-10 odds however, depending on the bets, some of these are offered at better or worse odds.

2. Fixed Odds

Fixed Odds sports betting refers to the technique offered by most of the betting websites in which the odds of a particular event is already given as a fixed value. Fixed Odds sports betting on line is the most common type of sports bet found in Britain. This betting technique which is very popular as far as on line sports betting is concerned, Parley bets involves placing of more than one bet and betting that you will win them all. This type of sports bet basically consists of numerous individual bets and in order to win the Parley bet, you have to each of the individual bets. If you fail to win even any one of the individual bets, you will lose the entire parley bet.In comparison with the individual bets, the payout of the Parley bet is very much higher. This is the reason why bettors looking out for bigger rewards indulge in this bets on most of the betting websites.

In this type of sports bet, a ranking system is generally provided to the playing teams and gives you a number in order to determine the odds of a particular team winning which is then examined in contrast to the bookmaker’s odds. The bookmakers odds is the dominant aspects of the betting strategy as it is the ultimate deciding factor regarding how much money you make or whether you win or lose a bet.

3. Parleys

As far as on line sports betting is concerned, Parley bets involves placing of more than one bet and betting that you will win them all. This type of sports bet basically consists of numerous individual bets and in order to win the Parley bet, you have to each of the individual bets. If you fail to win even any one of the individual bets, you will lose the entire parley bet.In comparison with the individual bets, the payout of the Parley bet is very much higher. This is the reason why bettors looking out for bigger rewards indulge in this bets on most of the betting websites