Sports Betting: Now a Major Hit in the Society
Large amounts of money is at hand in sports betting. Be it in NBA finals, Wimbledon tennis championship, boxing, local cockfighting and inter country horse racing. But as how it has spread its popularity worldwide, there are still countries who ban sports betting such as the United States. http://126.96.36.199
Betting varies by sports and by bet types. By betting on the result of a game, sports betting also comes in different kinds.
- Straight bets
It is also known as the straight pick, wherein you pick one result only. This is the most common bet used in basketball and football. If you pick the outcome correctly, then you win! If not, then you lose.
- Total Line bets
In this kind of bet, a number is set for the combined final score of both teams, and then you bet on that score being “over” or “under” the set number.
- Money Line bets
A money line bet is betting on a specific team to win a game.
- Parlay bets
It is the act of grouping together two or more picks into one single bet. It is a single sports wager that involves two or more teams winning.
- Teaser bets
It is a twist on parlay bet wherein you are still grouping two or more picks in a single bet, but you can adjust the point spreads in your favor just for a lower overall payout.
- Head to Head bets
One of the most common bets used in games between two competitors. It is betting on the outcome of the match, whether a win or a loss.
Even though history has proved that sports betting only resulted to money loss than money gain, it is still one of the industries has a gained a huge rise in terms of finances.