The world of sports betting is vast and offers a wealth of options for bettors. From “apuestas en vivo” to more complex bets, each type has its own dynamics and strategy. Knowing the different types of bets will allow you to make more informed decisions and take full advantage of the opportunities offered by bookmakers. In this article, we will explore the most popular types of sports betting and how you can use them to your advantage.
1. Simple or straight betting
What is it?
The simple bet, also known as a straight bet, is the most basic type of bet. In this format, you simply choose the outcome of a sporting event, such as which team will win a match or whether a player will win a tournament. If your prediction is correct, you win the bet; otherwise, you lose it.
How to use it to your advantage
This type of bet is ideal for beginners or those looking to minimize risk. To use it to your advantage, it is essential to perform a detailed analysis of the event before betting. Examine the statistics, the recent performance of the teams or players, and any other factors that may influence the outcome, such as injuries or the weather. Single bets are perfect when you have a strong and clear prediction on a single outcome.
2. Parlay betting
What is a parlay?
The combination bet, also known as a parlay, involves placing multiple bets on a single ticket. To win, you must hit on all the outcomes you have selected. The potential winnings are greater than in single bets, but so is the risk, since if you miss a single prediction, you lose the entire bet.
How to use it to your advantage
Multi bets are attractive because of their high potential returns, but to use them to your advantage, you must be selective and not include too many events. The more selections you include, the higher the risk. A good strategy is to combine bets where you have a high probability of success. It is also advisable to bet small amounts, since the risk of losing is higher.
3. Over/Under bets (Over/Under)
What is it?
The Over/Under bet refers to betting on whether the total points, goals, runs, or any other metric of the event will be higher (plus) or lower (minus) than a figure established by the bookmaker.
How to use it to your advantage
This bet is useful when you are not sure which team will win, but you have a clear idea of the pace of the game. For example, if you think it will be a match with a lot of goals or points, you can bet on “over”. Studying the tendencies of the teams (if they have a weak defense or a strong offense) can give you an edge in this type of betting. Also, they are less volatile bets than a straight bet on the winner of the match.
4. Handicap betting
What is handicap betting?
In handicap betting, the bookmaker gives an advantage or disadvantage to a team or player to even the odds. The weaker team receives a positive handicap, while the favorite receives a negative handicap. This creates a more balanced situation for bettors.
How to use it to your advantage
Handicap bets are useful when you think a team is a clear favorite, but the odds for a simple win are not attractive. They are also useful when a team has a slight advantage, but you think the spread will be closer. Evaluate well the statistics and the historical performance of the teams to take advantage of handicap bets.
5. Live betting
What is live betting?
Live betting allows you to place bets while the sporting event is in progress. The odds change in real time as the game progresses and the circumstances of the match change.
How to use it to your advantage
To get the most out of live betting, you need to follow the event closely and be prepared to act quickly. Take advantage of key moments, such as changes in the dynamics of the game or the substitution of important players. Live betting allows you to adjust your predictions based on what you see in real time, which can be advantageous if you can anticipate changes in the game.
Conclusion
Knowing the different types of sports betting gives you an edge when it comes to taking advantage of the opportunities that bookmakers offer you. Each type of betting has its own strategy and can be adapted to different styles of play. To maximize your winnings, it is important to choose the type of bet that best suits your knowledge, experience and risk tolerance.
