Understanding About Online Sports Bets
Once you engage yourself in online betting, you are responsible to know and understand how the betting works.
Understand the sports bets
Before you engage in sports betting, you need to be aware of the types of bets in sports. Check the following types of bets below:
1. Proposition bet. If you have heard or known about proposition bet, it is a type of bet that the online sports book selects what the conditions and the odds of the bet going to be. Bola Online sports bet can be the most exciting with fun times. You will enjoy either basketball or football games. Of course, you will be waiting for the team where you bet to score the most three-pointers. For this kind of bet, the odds are sometimes 11-10. But, it can be better or worse, it depends on the situation.
2. Parlay bet. Another one is the parlay bet, it happens if you are betting on more events, usually three events. This type of bet is giving a much higher payout once you win. But, the catch will be, you have to bet on all the events that are going to win. In case one of the events loses, probably they all lose. As a result, you will be losing all the amount that you bet.
Money line bet. This type of bet is formidable, especially to the newbies of sports betting. However, it is one of the simplest bets. This bet is also called Straight Up bet, no point spread to consider this time. Once you place a bet, you only have to choose your sport and bet on the team you think which will be the favorite or the underdog. Bola Online in money line bet will have numbers listed with a plus or minus sign beside them. The numbers are considered the money line and multipliers of the bet. Once the team is listed with a money line of 100, the bet to make should be even. It means that you will be wagering the same amount that you will get in return. You have to come up with the amount of money you bet once the money line reads -110, plus 10%. The extra 10% is known as the “juice”. Simply place the bet with the amount you select to bet once the money line of your team is +100. You will be getting the 10% and the amount of your bet once you win on a money line bet.