Understanding the Different Bet Types: A Guide for Indian Sports Bettors

online sports betting

To have a full-fledged betting on sporting events from the world of cricket, soccer, tennis, kabaddi and others, it is necessary to have a detailed understanding of the types of bets. Without this element, you will not be able to make an online sports betting prediction on any site. To choose a bookmaker company for betting, it is recommended to pay attention to studying such factors as types of bets, odds, real-time betting opportunities, as well as the convenience and speed of betting in the bookmaker’s coupon.

Types of bets presented 

To start betting it is important to learn what types of bets there are. Most bookmakers try to offer a wide range of services so that bettors have more opportunities to win. The table below provides some general guidelines to help you with your betting:

Bet Type Description
Single Bets A bet on one specific event or outcome;
Accumulators A combination of several bets, where the winnings from one bet are automatically placed on the next;
System Bets Similar to express bets, but provide an opportunity to win even if not all outcomes were predicted correctly;
Match Betting A bet on the outcome of the match – a victory of one of the teams or a draw;
Over/Under Betting A bet on the number of goals, points, rounds, etc., which will be more or less than a specified value;
Handicap Betting A bet taking into account the conditional advantage of one of the parties (for example, one of the teams is credited with additional points);
Futures bets Bets on events that will happen in the distant future, such as the winner of a tournament;
Live Betting Bets made during a match, with odds that change depending on the events in the game.

Rating of the best bookmaker sites

The bigger and better known the bookmaker is, the more chances you have to get a wide range of betting types. This in turn gives more opportunities for predictions and winnings. When choosing a bookmaker for a wide range of bets, it is important to pay attention to the following aspects:

  • Variety of markets with many betting options on different sports and events;
  • Competitive odds;
  • Licensing and reliability;
  • User-friendliness;
  • Availability of Hindi language option on the site, and support for INR as the main currency;
  • Bonuses and promotions for new and active players.

By taking these factors into consideration you can choose a reliable platform that offers excellent sports betting options, a wide range of sports events and a focus on the Indian market. 

How to start betting at Top bookmakers in India 

Below are the general guidelines, some steps may differ from one bookmaker to another:

  • Registration and login

You need to register on the website or in the selected application and then go to the game account on the selected bookmaker website;

  • Making a deposit

You should make a deposit through your personal profile on the website page, choosing the method you are interested in and specifying the transaction amount, following the specified limits;

  • Selecting an event

Open the sports betting section, select a line or live mode, and then select the sport and a specific event on which you will place a bet;

  • Odds analysis

Check out the proposed odds for various event outcomes;

  • Adding to bet slip

Click on the odds of the selected outcome to add it to your betting slip. The slip usually appears on the screen, showing all the bets you have selected;

  • Entering the bet amount

In the betting slip, enter the amount you want to bet on the selected outcome. Aside from the window with entering the amount, the potential winnings will be automatically calculated taking into account the specified amount and odds;

  • Confirming the bet

Click the button to confirm the bet. On different sites this may be presented differently, such as Place a bet or Confirm a bet.

Betting types. Strengths

Every bookmaker strives to cater for a convenient betting platform, with timely updated odds and statistics. The strengths of online bookmaker betting types include:

  • A wide range of bets, from simple to combination bets, allowing bettors flexibility in their predictions; 
  • The ability to place bets both before the event and in real time;
  • Some bookmakers offer above average odds to increase potential winnings;
  • Combining multiple bets into one for the possibility of larger payouts;
  • Unique bets and promotions including free bets and deposit bonuses.

The combination of the above mentioned features makes it much more practical for bettors to place bets by choosing the right type of bet that will bring great odds for betting. 

What can be the risks if the bettor does not understand the types of bets

Betting platforms offer a balanced environment for betting – bet types, odds and live betting options with instant odds updates. Especially for beginners, this guide is useful because you will be able to understand the bet types in advance and start with a full understanding of the matter. Below are the cases where misunderstanding of bet types can lead to:

  • If the bet type is chosen incorrectly, the total bet will be a losing bet; 
  • Missing out on the best odds can happen due to not knowing which bets offer big winnings;
  • There are high risk bets, not understanding them entails financial risks;
  • Wrong betting management makes it difficult to control the bankroll.

Conclusion

Awareness in understanding the options of betting types is critical for every especially novice bettor. Owning the definitions of each betting type presented in our review above will help you significantly improve your chances of winning. Effective management of the platform’s services, using the wide range of bets available, both straight and combined and system bets, allows you to maximize your potential winnings.