Essential Information on the Phenomenon of Online Betting
With smartphones’ popularity exploding over the last decade, it is no surprise that bookmakers are getting in on the act and taking advantage of this convenient platform to provide the simplest and quickest ways of supporting sports betting. In much the same way as marketing, travelling, song writing and movie making have rapidly evolved in the past few years, so too has the perennially popular pastime of putting money on your favourite sports team. Whether you are a Liverpool, West Ham, Chelsea, or even Manchester United fan, you are just a few taps of your screen away from taking part in the worldwide phenomenon of sports betting right now. With over 1.75 billion smartphone users around the globe, it’s perhaps the biggest online betting community yet. This bodes well for punters, as having such a huge community means that a wager on a sports team has some potentially enormous pay outs, as well as a much larger variety when it comes to fixed betting options. With such a great opportunity to capitalise, now would be an idea moment to consider online betting UK.
Since ‘putting money on’ various occurrences is something people have always done, it should be no surprise that this has become even more convenient with online capabilities. People are going to want to wager on the outcome of any event that piques their interest; and it could be the Eurovision Song Contest, X factor UK, whether the Tories will win an election, who will be the new manager of a specific football club or whether Sea Cottage will win the Grand National. The basic wagering principles, however, are simple and do not really change. There are naturally variances for different betting subjects, but here are a few basic forms of bets that are available for most sports.
Line bets: This is the most commonly placed form of bet. It is quite simply a bet on the outcome of a specific event. I.e. who will win, or whether it’s a draw (in the case where a draw is possible). The odds and pay-outs of this type of bet changes drastically depending on whether or not there is a favourite in the event.
Future bets: This is a bet for the winner or outcome of an entire tournament or event. For example if someone bets on the winner of the FIFA world cup. The odds for such a bet are usually quite high, as it is usually very difficult to accurately predict the outcome of a massive event such as this. This means that if you can cleverly select the winner ahead of time, the pay-out can be absolutely massive.
Prop bets: These are all the bets that cannot be placed into a specific category. These are extremely broad and often very tailored to a specific sport. An example might be in cricket, one may be able to bet on how many players go out for a duck, or in horse racing, one may bet on by how many lengths or fathoms the winning horse may win by.
With all these choices and many, many more, online betting has never been better. Online betting has had such exponential growth over the past few years, who knows how much farther it will grow in the future? And with huge events happening all the time, there’s always a prime opportunity for a wager. You just need to know the sport, and understand the bets, and this may be the most lucrative pastime ever.