|Your personal background.|
| When you place a bet with a casino,|
sportsbetting website or bookmaker
you are, in effect, opting in to a contract with
them. This means that, even if in-play bets are offered or the odds
of the event you've wagered on change during the course of it, the odds
on your betting
slip dictate the prize you'll receive if you win.
Different ways to read odds
Depending on where you
are in the world, odds are displayed in different ways.
It can initially be confusing to get your head around the different
ways sports betting sites list odds, but the best online betting sites often have a helpful feature
that allows you to preview your winnings based on the amount
you intend to bet. Nevertheless, it's still useful to have an idea of the different ways odds are listed:
- Decimal - This refers to the ratio
of the full payout (i.e. including original stake) by
sports betting sites
to the stake. For example, if odds of 1.50 are offered, a bet of R1 would yield R1.5 total payout.
R10 would result in winnings of R15 and so on.
- Fractional - This provides the ratio of the amount won to the stake, i.e.
if the odds are 1/2, a bet of R2 is needed to win R1 (not including original stake).
An even bet is listed as 1/1 - a successful bet will
result in R1, plus your original stake of R1.
- U.S - U.S format odds are given as the amount won on a stake of 100 when positive or, when negative,
the stake needed to win 100. So, if the odds are -200, a bet of
200 is needed to win 100 (not including original stake).
If the odds are +200, a bet of 100 will yield 200 plus the
An even bet is given as +100, because a stake of 100 is required to win it.
Don't worry - after a couple of bets you'll soon get the hang
of the different ways sports betting sites list
Types of bets
The most common type of bet, and the best for beginners, is a
single - as
the name suggests this is
a single bet on one
outcome, such as the winner of an event.
Accumulators or parlays are made up of
a number of single bets - for example, you might bet that three teams will win the games they're
playing. If the first wins, your winnings are automatically bet on the second team by the online sports betting provider.
If that team also wins, those winnings
are placed on the third team and so on. This can be a great way to make some real money!
But be warned; if the final team (or any other team you've bet on) loses, then so do you!
Prop bets are placed on specific parts of the game.
For example, you might choose to bet on anything from the first player to score to something obscure like the
number of penalties given up by
Online sports betting in South
There are many other types of bets, but the above are definitely enough to get you started!
If you want to try gambling with real cash somewhere other than a casino, South Africa sports betting is a top choice, so take a look around.
Feel free to surf to my page ... sports betting
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