Types of bets

Single bet

A single bet refers to a bet placed on just one selection or market, allowing bettors to make a profit by guessing just one match correctly. Single bets are recommended by all betting experts as the safest way towards long-term profit.

Multiple bet

A multiple bet consolidates multiple events on the same betting slip. This type of bet benefits from the multiplication of quotas and has the potential to generate high amounts of profit using low stakes.

Example: Assuming we want to place a bet on three different events and the odds are as follows:

Game 1: 1.85

Game 2: 2.10

Game 3: 3.60

By summering all three games to a multiple bet, we get:

1.85 x 2.10 x 3.60 = 13.98 as a quota

So by placing 10 EUR on this multiple bet, we could potentially win 1398 EUR. Not bad!

Special bets

For many punters, ‘special’ markets are where they feel an advantage can be gained over the bookmaker. Although most of the bookmakers devote an increasing amount of energy and resources on making sure their odds are as accurate as possible, sometimes their probabilities are wrong especially on those types of bets. Example of special bets: time of first goal, total corners in the first half and so on.

Teaser bets

Most commonly used in basketball and football, a teaser bet allows the bettor to combine his bets on two different games. The bettor can adjust the point spreads for the two games, but realizes a lower return on the bets in the event of a win.

Pool/tote bets

Tote Betting is offered as an alternative to the traditional pricing of Horse Racing, e.g. 4/1, 9/4 etc. In this particular type of betting, all bets of a certain type, e.g. Win, Place, 'Pot etc. are placed together in a pool. Odds are then calculated by dividing this pool amongst all the winning bets to determine a 'dividend'. This dividend amount is then paid to each of the winning bet receipts accordingly.