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A Guide to Sports betting

September 13th, 2017

Sports betting is a type of wagering that involves the participants placing a bet on the outcome of a sporting event. As with other gambling the idea is to win money and with sports betting there are a number of different bet types and sports to bet on in order to achieve this.

Sports betting can be done on any sport provided the bookmaker accepts it. However, there are a number of sporting events that have a much higher popularity and turn up much more commonly around the globe. These include soccer, basketball, American football, Baseball, auto racing, MMA, boxing and horse racing. Of course, the popularity of a particular sport will also depend on which country the player is in. there are illegal bookies available in all countries as well who will offer better odds than those that are licensed but the player is risking a lot more in taking these bets. There is also an option of using a betting exchange rather than a bookmaker with these types of bets. Similar to a bookie the difference here is that players can bet directly with other players rather than with the bookmaker themselves. Individual odds can be created, potentially generating more lucrative winnings. For more information on this, click here.

Sports betting offers players a wider set of options when it comes to placing a wager. There are the traditional bets called ‘money line’ bets, which are placed on a specific player or team winning outright. Spread betting is a little more complex as this involves the bookie creating a handicap to even out the two sides. A side more likely to win will be handicapped, normally in half point increments, in order to balance it with the weaker side. Other bets include over/under, proposition and even future bets making sports betting an exciting option for players the world over.

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