Obviously, there are many sports for you to choose from when embarking on your online betting journey. Aside from that, there are the different types of bets available for each sport.
This makes it all the more fun but can also be overwhelming. So, we are going to talk about some different sports to bet on and the types of bets that are associated with them.
Let’s get down to business, Colorado.
Baseball Betting and Its Wagering
Baseball is one of the most popular and exciting sports to bet on when gambling online. It is also well known for having big payoffs if you know what you are doing and how the different types of betting work.
Try a first five innings bet
I am sure you can guess what a first five innings bet is even if you are not that familiar with baseball. That’s right, you bet on the outcome of the game through the first five innings. The game must go at least 4½ innings for someone to win.
If the home team is winning at 4½ innings, the person who bet on the home team would win. If the visiting team is winning at 4½ innings, we still have the bottom of the fifth inning where the home team can either tie the game or go into the lead.
If the home team were to tie the game in the bottom of the fifth inning, then the bet would be a push, and everyone’s money would be returned to them. If the home team went ahead in the bottom of the fifth, then whoever bet on the home team would win.
However, if the visiting team stayed in the lead through the bottom of the fifth inning, then whoever bet on the visiting team would win.
Let’s say your bet is home team -200. In this case, you would have to bet $200 in order to make $100.
One observation about a first five innings bet that can help you make an educated bet is that the outcome has a lot to do with the performance of each team’s starting pitcher.
You can study the two starting pitchers, look at their stats and compare them.
You can also bet on the total score of both teams at the end of the fifth inning.
Prop bets are packed with excitement by their very nature. An example of a prop bet would be betting that the home team will score in the first inning. Another example would be betting on the number of home runs that would be hit by the game’s end.
So as you can see, these bets offer variety and sometimes payment before the game has even ended.
Even if you are new to betting on the NFL online, you might be familiar with spread betting. It is probably the most popular type of betting on the NFL that takes place.
The point spread is set by having one team be the favorite by some amount of points. To win this bet, this favored team must win by more than the set amount of points.
If the favorite wins by the exact number of the set points, then the bet is a push and money is returned.
This is similar to spread betting; however, there is no favorite team. Now you are betting on if the total score of both teams combined is lower or higher than the number that is set up by the oddsmakers.
Sometimes this bet is called the over/under.
Betting on the Super Bowl or other future events
Betting on the Super Bowl would be called futures betting. It is where you bet on an event/game that hasn’t taken place yet.
This has the potential for a huge payout, especially if you bet on a team that nobody thinks has a chance and it ends up winning the game you bet on.
Betting on Basketball Online
Let’s move on to a much more challenging sport to bet on: basketball. Whether it’s college ball or the NBA, basketball betting is an art. You want to make sure you know a lot about the particular game you will be betting on. Don’t spread yourself too thin.
Spread betting: Quarter and half point
So instead of betting on the point spread for the entire game, you can bet on the spread at the end of an individual quarter or on the half. Whatever the spread is for the entire game, a half bet would be around half of that, and a quarter bet would be a fourth.
Prop betting for basketball
Prop betting in basketball is similar to the prop betting we discussed earlier as it applies to baseball.
You can bet on whether the team that scores the first points will win the game, or you can bet on who will score the first points of the game. Over/under bets on how many points a player will score during a game is also a popular prop bet.
With prop bets, you need to know up front whether overtime is included in the bet or not. You could bet on the number of points a player scores, and it might look as though you are going to win at the end of the game. However, at the end of the fourth quarter the score could be tied, and then the game goes into overtime.
So, this is an important factor to consider.
Betting on Boxing
When you bet on boxing online, it is relatively simple, especially if you are making a bet like a moneyline wager.
Round betting is just over/under betting for boxing. You bet on how many rounds you think the match will go.
The online site or app you are using will set a number of rounds, and you can bet on whether the match will go over or under this set number of rounds.
Prop betting for boxing
Prop betting is extremely simple for boxing. An example of this type of bet would be whether the match will end in a TKO or a majority decision.