Sports betting has been around for ages. If it comes to cricket, the history of betting is as old as that of the game itself. In recent times, IPL betting has become a rage among betting enthusiasts.
Why are so many people drawn to betting? What bettors will answer will contradict your carefully nurtured perception – “We do it for fun.” Winning is the second priority for many.
However, over time, betting becomes an addiction and such things happen when it is not played in moderation. They start chasing losses. What started as pure fun destroys these irresponsible bettors in every possible way. However, such a tragic thing is beyond the scope of our topic.
Online Betting
The advent of technology has given rise to online betting. Undoubtedly, getting to bet from your comfort zone is a gripping idea. There has never been an easier way to get one’s money down. Online betting platforms or sportsbooks, whether websites or apps, are easily accessible to all.
On sportsbooks, people are required to conform with different parameters for betting. Smart bettors exploit their wisdom, experience and research to fill their pockets. They lose too but win most of the time.
In this blog, we will give you a clear overview of sportsbooks, the starting point of sports betting and discuss some of the most common forms of sports betting.
What are Sportsbooks?
Sportsbooks refer to individuals or companies who accept wagers from betting enthusiasts, both new and experienced. Some sportsbooks accept bets for different sports whereas some are restricted to only a particular sport. For example, IPL betting apps allow only cricket betting.
These bets are usually placed on a particle sporting event. If it comes to cricket betting on T20 or ODI matches, these bets usually involve whether a team is going to win, how a batsman or bowler will perform, total runs etc. Sportsbooks accept and offer bets for both sides in a particular game or sport tournament.
All sportsbooks have an established set of rules that clearly define what “winning a bet” means for them. Sportsbooks have a clear set of lines and odds and they keep adjusting these from time to time to attract new players, retain their loyal bettors and avoid huge losses.
Most sportsbooks have similar features for their players. They are also committed to maintaining their uniqueness while continuously adapting their features and offers to stay relevant in the sports betting industry.
Fundamentals of Sports Betting
Most people think only LUCK factors in winning sports bets. We strongly believe there are many other factors that can significantly affect your chance of winning wagers. A lot of hard work helps you in the realm of sports betting. However, you need to play smart. And yes, you can never succeed without a little favor of luck.
Sports betting is about mathematical calculation. A good grip on probability is important. When we talk about probability, we tell you about the inherent risk of betting. Bettors should learn where and when they should risk their money. Before you get down to betting on Satta Matka, take a look at different types of sports betting.
Point Spreads: It allows you to apply your knowledge and experience of the game while betting on a team even though the odds are against their winning.
Prop Bets: Also referred to as proposition betting, it allows you to place bets on particular events and different aspects of a sporting event, regardless of the outcome or final score. Prop bets are linked to higher risks but offer higher payouts.
Parlays: These bets are most difficult to win and among those that offer higher payouts. Parlay bets include many single bets and hence, you must be confident of accuracy in your predictions to win.
Live Betting: Live betting or in-play betting refers to the activities of placing bets while the sporting event is going on. Different live bets offer higher payouts though involve the most intriguing betting odds.
Pleasers: Higher payouts make pleasers a favorite betting option for expert bettors. However, it is one of the most complicated betting types and hence, not easy to win.
Teasers: It’s a kind of parlay bet involving an exchange of points for volume. These bets offer great opportunities for bettors with low-risk appetite to get high returns on their wagers. Remember, teasers are among the most advanced types of betting.
Moneylines: These are the easiest types of sports betting, requiring you to bet on who is likely to win a game, tie or tournament.
Futures: Also called an outright bet, a futures bet lets you wager on a sports event even before it kicks off. Futures present lucrative opportunities for professional bettors who have been following a sport for a long time and can predict outcomes from a broader view.
Now, choose your option as per your efficiency and frequency of betting. Good Luck!
