Gambling has seen a rise in popularity for many people across the globe. From football and cricket to basketball and hockey, there has been plenty of exciting opportunities to engage in sports betting.

Nowadays, gambling has evolved to feature a wide selection of betting markets than the traditional two-way type of betting that many people were familiar with. In this post, we have rounded up a list of various types of betting markets for you to enjoy. Scroll down and take your pick.

Total bets

Also called over under betting, this bet type is based on the number of expected goals or points in a match. That means you need proper research to determine the average number of points a team and its opponent scores.

Let’s say Manchester City has a game against Norwich City. In the last five games between these two, the Citizens won by an average of three goals. Then you can place an OV 2.5 bet.

But if the two teams are known to draw 0-0 often, you could try an UN0.5 bet. For clarity, this bet type also applies to other sports, from basketball to baseball.

Handicap

This type of market attempts to render a winning advantage to the underdogs. For instance, if a team has a handicap of -1.0 and the opponent has +1.0, it means the first has to score two goals more than the latter for you to win the bet. This is especially true with the Asian handicap betting type.

In-play/Live Betting

Live betting is another sports market that has gained popularity among many gamblers. It involves placing bets after the game has already kicked off. In other words, you place a bet on an outcome during an event as opposed to the pre-game stats. For instance, you can bet on which team to score next, the next goal scorer, which team to win the next corner, etc.

One of the fascinating things about live betting is that odds keep changing as the game continues. This depends on fouls, team possession, number of points/goals scored, and more. In-play betting is one of the best markets for the adrenaline-junky wagers.

Match bet

Another popular and simplest betting market among many gamblers is sure betting. You can bet on three different outcomes: the away team to win, the home team to win, or a draw. Remember that bets are paid on the outcome after the game is over.

Double chance betting

The double chance betting market does precisely what it says-to double the chances of winning. This type of sports market allows players to choose two possible outcomes. In other words, the market requires you to pick two options out of the possible three. The double chance betting market increases the chances of winning. But the odds are lowered, and so are the winning amount.

Correct score betting

In this betting market, players can gamble on the final score of the game. Correct score betting tends to have higher odds and sometimes can be tricky to predict. For instance, you can predict that a match will end in a 2-2 draw. If the game ends 2-2 after the final whistle, you win. No team will triumph over the other.

Correct score betting requires players to have sufficient knowledge about the teams before they decide on betting on them.

Half-time/full-time score

As the name suggests, you have to predict the results at halftime as well as the final score at the end of the game. Although the winning chances under this type of bet are diminished, the higher odds can offer a big win.

Odd/even betting

Players have to predict whether the sum of goals/points will add up to an even or odd number with this betting market. This method considers the total goals/points of a single team or both teams.

Both teams to score

Both teams to score market is also known as goal-goal. If you choose the BTTS market, it means that each team has to score at least one goal in the course of the match. For instance, this market is settled if a game end 1-1 or higher.

There are two outcomes here; both teams to score or both teams not to score. Only the first option applies in the BTTS market. But if you want to bet on the latter, bet on the no-goal market.

BTTS market can reduce the risks, especially if both teams have equal chances of winning the game.

Corner betting

Corner betting is one of the unique betting markets today. You can bet on the total number of corners to be taken or the team to take more corners. For instance, you can bet the total number of corners team A will be awarded is at least five.

On the other hand, players can bet on the team to be awarded the first, last, or more corners. One of the main advantages of this betting market is that the winner doesn’t affect settling the bets.

Draw no bet

This betting market removes the possibility of a tie result. Under this type of wagering, bettors select between the triumph of their favorite team or the underdog. So, when betting on this market your stake is divided into two. For instance, you can bet on team A to win over team B.

After the final whistle, the game ties. In normal betting, you can bet team A to win or team B to win or a draw. But in the draw no bet, there are only two possible outcomes. If team A wins, you win. If there is a draw, your stake is refunded. If team B gets the victory, you lose.

Accumulator betting

Popular on weekends, this method involves wagering on multiple games from various betting markets. With accumulator betting, all your selection methods should win for you to win. The winning chances are lower, but you can earn more.

Conclusion

Sports betting offers a lot of markets. There is plenty of fun betting on hundreds of sports games across the globe as long you know what to do. Choosing the right betting market is the best way to increase the chances of winning and avoid the frustrations of losing.