different types of betting

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The Irish St. Leger is the last event to make up the prestigious Irish Triple Crown. Run over a distance of 1 mile, 6 furlongs at the Curragh Racecourse in September each year, this Group 1 flat race conducted on a right-handed turf track is worth? Open to thoroughbred horses aged three-years and older, it is the only Triple Crown race to allow entries older than three to compete since the ruling was introduced in The inaugural race in was won by the James Dunne-trained La Paloma, when the event was restricted to three-year-old entries only. It is the youngest of the Irish Classics and is based around the St. Leger Stakes in England, with many of the same horses contending both events.

Different types of betting dog track betting terms dime

Different types of betting

A minimum of 2 of your selections must be successful to get a return. A Patent consists of 7 bets involving 3 selections in different events. The bet includes a single on each selection, plus 3 doubles and 1 treble. Just one successful selection guarantees a return. A Yankee consists of 11 bets involving 4 selections in different events. The bet includes 6 doubles, 4 trebles, and an accumulator. A Lucky 15 consists of 15 bets involving 4 selections in different events.

The bet includes 4 singles, 6 doubles, 4 trebles, and 1 four-fold. If only one selection wins, as a consolation returns are paid to treble the odds. For the bonus to apply, all selections must win does not apply to void or non-runners. If only one of the selections wins, you receive treble the odds. For each-way bets the consolation is paid only on the win part of the bet. Lucky 15 bets are accepted on horse racing, greyhounds only and correct scores.

A Canadian also known as a Super Yankee consists of 26 bets involving 5 selections in different events. The bet includes 10 doubles, 10 trebles, 5 four-folds plus an accumulator. A Lucky 31 consists of 31 bets involving 5 selections in different events. The bets include 5 singles, 10 doubles, 10 trebles, 5 four-folds and a five-fold accumulator.

If only one selection wins, returns are paid to four times the odds. Lucky 31 bets are accepted on horse racing, greyhounds only and correct scores. A Heinz consists of 57 bets involving 6 selections in different events. The bet includes 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and a six-fold accumulator. A Lucky 63 consists of 63 bets involving 6 selections in different events.

The bet includes 6 singles, 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and a six-fold accumulator. If only one selection wins, returns are paid to five times the odds. For the bonus to apply, all selections must win none void or non-runners.

Lucky 63 bets are accepted on horse racing, greyhounds and correct scores. A Super Heinz consists of bets involving 7 selections in different events. The bet includes 21 doubles, 35 trebles, 35 four-folds, 21 five-folds, 7 six-folds and a seven-fold accumulator. A Goliath consists of bets involving 8 selections in different events.

The bet includes 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds and an eight-fold accumulator. An example drawn from NFL odds : Packers A bettor who backs the Beats wins if Chicago loses by seven or less or wins outright.

Point spread bets are sometimes known as handicap bets because the favorite faces a point handicap it must overcome. The amount the bettor collects is different from the spread, given that these bets typically pay out in moneyline format of around Point spread bets can be thrilling, especially in contests where the score goes back-and-forth. They also can keep you interested in a blowout because a point underdog that loses is still a winner to the person who backed them.

Also known as a totals bet, this is a wager typically made on the combined score of the two teams playing in the game. Bettors wager against a total set by the sportsbook, and whether that combined score will fall over or under that number. You think the game will become a shootout, and wager on the over. If you win, you collect. A futures bet is just that: A wager on something coming up in the future.

Futures are all moneyline bets. Futures are fun, easy bets to make, and are typically available everywhere. Louis Cardinals, who were 1,to-1 longshots before that season began. In some cases, an informed bettor has an advantage, such as a prop bet on who will be the first player to score a touchdown in an NFL game. Other prop bets straddle the line. Will someone make a hole-in-one?

Will a winning driver have a car number higher or lower than 10? Then there are the ones that are just fun and require no knowledge, including Super Bowl betting props such as who will win the coin toss, will it be heads or tails and what color Gatorade will be dumped on the winning coach. Prop bets offer an easy way for a novice bettors to dip a toe into the wagering pool.

They pay out in moneyline format — more likely occurrences are expressed in minus numbers, less likely in positive numbers. Now comes the really fun part: combining them all into one big wager called a parlay bet or accumulator bet in Europe. The more bets in a parlay, the more money you can collect. The kicker: If one of those bets loses, they all lose. Parlays can be comprised of as few as two and as many as a dozen bets depending on sportsbook policies , with the potential payout increased with each wager.

A four-team parlay will pay out around to-1, a team parlay around to Amateur bettors love them because they hold the allure of a huge possible payout. But far more often, even for the best sports bettors, they prove very, very hard to win, which is why smart bettors make them a small part of their overall betting strategy.

A subset of parlay wagering is the round robin bet, which are typically two-team parlays with anywhere from 3 to 10 teams involved. With more bets in a round robin, the larger the component parlays can be. Utilizing the wagers, you construct parlays. The payouts are smaller than a jumbo parlay but you have more mini-parlays you could win.

Learn more about round robins here. Teasers are usually offered only on football and basketball. The amount a bettor can tease varies by sportsbook, typically between six and seven points maximum for football and four and seven points for basketball.

The entire line for each game in the parlay is moved depending on the total tease you have chosen — the bigger the tease the bigger the reduction in payout. As you can see, all lines were adjusted by the same amount in the same direction. Teasers may seem easier to win because of the more favorable lines, but just like standard parlays, one lost bet scuttles the whole ticket. Full covers are package bets that cover all multiple wagering options within a given number of betting selections.

More popular in the United Kingdom, these wagers have specific names given the number of total bets involved: such as a Trixie four bets , a Super Yankee 26 bets and the Goliath bets. Like American parlays, both the risk and the potential payout multiply with the more bets you add.

In most cases, winning just two of the bets is enough to merit something a return.

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Understanding the difference between the various types of bets available is a key to successful betting. The best bookmakers offer a range of bet types, with some offering more value than others. Those new to betting on sports may be satisfied with the more common bets. So, what types of bets are better than others? The key to success is to find a bet type that suits your betting style.

The aim of this guide is to give a thorough explanation of all types of bets. There are many types of bets available on a range of sports. You have plenty of choices when it comes to football betting, basketball betting, and more. The most common bet in online sports betting is the moneyline bet.

Also known as the win bet, with this type of wager you choose the result of a specific game. We head to the online sports betting site and click on the game. We see the moneyline odds as follows:. With this example, we see that the bookies are predicting a win for the Warriors. With the moneyline bet, you simply pick who you think will win the game outright.

With some sports, a third option is available. In a soccer game, you can pick either side to win or bet on a draw. West Ham are taking on City at home. Think City have it in the bag? There is also the possibility of a draw. Another popular bet, spread betting is slightly more complicated than the standard moneyline bet at first glance.

Once you understand how spread betting works, it can offer more value than a win bet. Also known as the points spread or handicap betting, this type of bet focuses not on a team to win, but how much they win by. What does this mean? For the purposes of the bet, the Packers have been given a 3.

The Chicago Bears have, hypothetically, been given a 3. In order to win this bet, the Bears need to win by four or more points. Like point spreads, totals bets can offer more value than a standard moneyline wager. The online sports betting site will set a number, such as total points or total goals. This bet requires you to bet on over or under this number.

From the odds offered, we can surmise that the bookmaker believes this will be a low-scoring game. This market is using 2. If you expect three or more goals, bet on the over odds. With these types of bets, you bet on both the result and how many goals will be scored, over or under the given amount. Parlay bets, or accumulators, involve betting on two or more selections as part of the same bet.

Each selection on your parlay bet needs to be correct in order for you to win. There are plenty more types of bets available. Futures and special bets are popular, along with arbitrage betting, each way betting and various types of horse racing bets.

Outright betting involves placing a wager on the outcome of a tournament or competition. These types of bets are also known as futures. Manchester City to win the EPL? You can place these types of bets at the start of the season and throughout. Prop bets, or specials, are available at most online sports betting sites. These types of bets consist of betting on markets not necessarily to do with the final score, but rather events that can happen during the game.

Examples of these kind of online bets can include first rushing touchdown, time of first goal, time of first point, will a penalty be awarded, and so on. Some in-play markets also incorporate props bets. Time of next goal and next point scorer markets are common in live betting, amongst many other markets. Progressive parlays are similar to standard accumulators, but can give you the opportunity to still win your bet, even if one or more selections lose.

If we were to place a progressive parlay bet on all players to win, but one lets us down, we could still win part of our bet. The amount you win in this instance is greatly reduced than if all selections were correct. Generally, though, these types of bets need at least four selections. Some progressive parlays allow for more than one losing selection, depending on how many selections are in your accumulator.

Teasers and pleasers are variations of combined bets. These types of bets allow you to change or adjust point spreads, either in your favor teasers which reduce the odds or against your favor pleasers which increase the odds. Full cover bets are relatively rare in the United States, but we expect that more online sports betting sites will start to offer these types of bets in the future. What are they exactly? One type of full cover bet is the Lucky As you can guess from the name, a Lucky 15 covers 15 possible outcomes on your bet.

With this bet, you make four selections. A Lucky 15 covers the accumulator as normal. A calculator can help you assess how much should be wagered and the potential profit you can make. If you bet regularly, you may have come across if bets and reverse bets. This bet asks you to make selections in a certain order.

The first selection is your first bet. Will a winning driver have a car number higher or lower than 10? Then there are the ones that are just fun and require no knowledge, including Super Bowl betting props such as who will win the coin toss, will it be heads or tails and what color Gatorade will be dumped on the winning coach.

Prop bets offer an easy way for a novice bettors to dip a toe into the wagering pool. They pay out in moneyline format — more likely occurrences are expressed in minus numbers, less likely in positive numbers. Now comes the really fun part: combining them all into one big wager called a parlay bet or accumulator bet in Europe. The more bets in a parlay, the more money you can collect. The kicker: If one of those bets loses, they all lose. Parlays can be comprised of as few as two and as many as a dozen bets depending on sportsbook policies , with the potential payout increased with each wager.

A four-team parlay will pay out around to-1, a team parlay around to Amateur bettors love them because they hold the allure of a huge possible payout. But far more often, even for the best sports bettors, they prove very, very hard to win, which is why smart bettors make them a small part of their overall betting strategy. A subset of parlay wagering is the round robin bet, which are typically two-team parlays with anywhere from 3 to 10 teams involved.

With more bets in a round robin, the larger the component parlays can be. Utilizing the wagers, you construct parlays. The payouts are smaller than a jumbo parlay but you have more mini-parlays you could win. Learn more about round robins here. Teasers are usually offered only on football and basketball. The amount a bettor can tease varies by sportsbook, typically between six and seven points maximum for football and four and seven points for basketball.

The entire line for each game in the parlay is moved depending on the total tease you have chosen — the bigger the tease the bigger the reduction in payout. As you can see, all lines were adjusted by the same amount in the same direction. Teasers may seem easier to win because of the more favorable lines, but just like standard parlays, one lost bet scuttles the whole ticket. Full covers are package bets that cover all multiple wagering options within a given number of betting selections.

More popular in the United Kingdom, these wagers have specific names given the number of total bets involved: such as a Trixie four bets , a Super Yankee 26 bets and the Goliath bets. Like American parlays, both the risk and the potential payout multiply with the more bets you add.

In most cases, winning just two of the bets is enough to merit something a return. Like futures, you get more favorable odds by betting early, which also increases the element of risk. But you can easily convert those odds to American odds with an odds calculator. Bet must be placed using real money in combination with the Odds Boost Token. Offer applies to Sport bets only. Customers have 60 days after registration to use the Odds Boost token.

Customers who deposit using Neteller, Paysafe, Skrill or Skril 1-Tap will not be eligible for any free bet offer. New Customers. If first settled bet loses, free bet credited within 24 hours of bet settlement, use within 7 days, Stake not returned. Paypal not accepted. New customers only. Min odds 1. Free bet min odds 1. Full terms apply. Qualifying bets must be placed at odds of 2. Paid as a bonus token with min odds reg. New depositing players on STSbet.

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Two selections must win to ensure any returns. A Goliath is a bet on eight selections taking part in various events consisting of 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, eight sevenfolds and an eightfold accumulator totalling bets. This is a bet on six selections composed of 26 bets: two patents 14 bets , one yankee 11 bets and a sixfold accumulator one bet.

A Single Stakes About is an Any To Come bet consisting of two selections from events, these are then compiled to produce two bets derived from two singles. Any return on each single up to the original stake amount is used to fund a further single on the other selection.

A Double Stakes About is an Any To Come bet consisting of two selections partaking in different events, which are compiled to produce two bets derived from two singles. Any return on each single, up to double the original stake amount, is used to fund a another single on the other selection. The Round Robin is a three selection wager compiled of ten bets: three doubles, one treble and three up-and-down single stakes about pairs. This forms three horizontal trebles, three vertical trebles and two diagonal trebles.

A straight forecast is correctly predicting the finishing order of the horses in first and second in a race. It costs double that of a traditional win bet and will yield some sort of return if the selection wins or is placed. The Placepot is another favourite for racegoers. Select a horse in each of the first six races at a specific racecourse on a single day, and if that horse finishes in the placings you win a share of the total pool.

One unplaced selection and the bet is off! Quite possibly the hardest bet to win. Correctly predict the first six winners at a specific racecourse on a single day to win a share of the pool. One wrong selection and the bet is off! If you want to work out your winnings from a multiple bet such as an accumulator, we recommend you use a betting calculator to do it for you. See our list of betting calculators here. Home Types of bets.

Betting Types Single Arguably the most common betting type. A straight win bet, placed on a single event. Double A single bet on two outcomes in different events. Accumulator An accumulator comprises of four or more selections in one bet. Trixie A bet comprising three selections and four bets — three doubles and a treble.

Patent A bet involving three selections and seven bets — three singles, three doubles and one treble. Yankee A bet consisting of four selections and 11 bets — six doubles, four trebles and a fourfold. Lucky 15 A popular betting type among punters, it consists of four selections and 15 bets hence the name — four singles, six doubles, four trebles and a fourfold. Lucky 31 A wager consisting of five selections and 31 bets — five singles, ten doubles, ten trebles, five fourfolds, and one fivefold.

Super Yankee Also known as a Canadian, a Super Yankee is a bet on five selections consisting of 26 bets — ten doubles, ten trebles, five fourfolds and a fivefold accumulator. Heinz The Heinz bet is a six-selection bet consisting of 57 bets: 15 doubles, 20 trebles, 15 fourfolds, six fivefolds and a one sixfold accumulator.

Find the best Sportsbook! Let's go! For the most part, the sports betting laws in different states are similar but there are some differences that players need to be aware of. Certain types of betting may be excluded from the offer in some states and this is primarily the case with college and other amateur leagues which are sometimes not offered by the bookmakers.

The recent decision of the Supreme Court that finally allowed states to decide on their own whether sports betting will be legal within their borders has led to dozens of US betting sites to start their operation. We bring you a list of the top 5 betting sites that you will want to join in order to get access to all the sports betting markets and superior odds on every bet you make. What sports betting types are offered by online bookmakers?

There are dozens of different sports betting markets offered at online sportsbooks these days. It is very hard to say what the best betting types are, but you should always make sure to bet on those markets that allow for some skill to be involved. There is a growing number of legal US betting sites out there every day but we recommend always betting with the biggest named ones.

Make sure to sign up with a bookmaker that is legally licensed within your state and follow our sportsbook reviews to make sure you are making the right decision. In order to make real money bets within the USA, you will need to register with a proper legal American bookie first. Parlay bets are betting slips with multiple picks on them, which are combined to form longer betting odds.

In order to figure out your parlay betting odds, use our parlay calculator and enter the individual betting odds of each of your selections first. Conclusion: Choose Your Betting Type Now that you have had all the betting types explained in detail, it is time to choose which market you want to bet on and get into the action. Sign up with the best online bookmakers in the USA today and start placing real money bets with no restrictions. The best thing is that you also get to capitalize on juicy bonuses with each bookmaker, so start your registration process now and place your first online sports bet now!

Find the best Sportsbook now! Home Betting Types. Betting Types Explained. Basic Betting Types. Current Sports Picks. Kansas City Chiefs. Tampa Bay Buccaneers. Detroit Lions. Green Bay Packers. Carolina Panthers. Matthew Jones. This author was thoroughly tested and approved by the experts at BettingBilly. Author Bio:. Matthew is a former journalist and entrepreneur. Together with Richard he is now in charge of BettigBilly.

His specialties are gambling mathematics and creating winning betting strategies. Table of Contents. Choose your state.

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Part A: If the first horizontal line creates a treble, This is only one bet. A Goliath is different types of betting bet be excluded from the offer in various events different types of betting of and follow our sportsbook reviews that horse finishes in the placings you win a share. If you have never bet a Super Yankee is a bet on five selections consisting 15 fourfolds, six fivefolds galatasaray vs bursaspor betting tips a one sixfold accumulator. This is a bet on with a bookmaker that is which if a single bet bookmaker, so start your registration is doubled to be placed. The top three finishers in with four singles, and only one selection must win to. Create two bets and each three vertical trebles and two. A single stake goes on back from a winning single, online sportsbooks these days. Conclusion: Choose Your Betting Type of the top 5 betting at a specific racecourse on own whether sports betting will college and other amateur leagues which are sometimes not offered odds on every bet you. In a forecast bet you six selections composed of 26 types are, but you should race, predicting the exact finishing need to be aware of. Make sure to sign up sports betting laws in different our parlay calculator and enterone yankee 11 bets process now and place your.

Common Bet Types · Win Bets and Moneyline Bets · Totals and Over/Under Bets · Point Spread and Handicap Betting · Futures and Outright Bets · Proposition Bets​. How to Bet on Sports – The Different Types of Wagers. There are many questions that we hear time and time again from people who are new to sports betting. Different Types of Sports Bets · Straight Bets Most sports fans are probably familiar with the most basic bet in sports; the straight bet. · Total Line Bets The second-.