Online betting on sports is growing in popularity. The world faces a new normal as the pandemic continues. Amid these changing times, sportsbook betting Singapore in the safest betting markets is here to stay in the long run.
Before you jump into betting on sports while cheering for your favourite team or watching your favourite sports, it is crucial to understand the basics and technicalities involved in sports betting. Along with this, it is also essential to understand the best markets, especially for beginners.
Straight Betting
Straight betting, also called “singles”, is a betting market type that only bets on one outcome in a sports event. Straight betting is popular with rookies due to its simplicity and 50% chance of winning. Straight betting is considered one of the most secure markets for beginners, as the stakes are usually lower than in other sports betting.
Total Line Betting
Total line betting can also be known as over/under betting type. It involves placing bets on the sum of the final score in a sporting event. This betting market is safe for novice gamblers as it focuses on the flow of the game rather than the one that will win.
Handicap Betting
Handicap betting is also known as point spread or handicap betting. It is when bookmakers create conditions that allow a bet to win. This type of bet is often triggered when bookmakers decide which team is more likely to succeed. To give the underdog a “headstart”, the handicap is given to the team. This betting market is particularly beneficial for rugby, tennis and golf.
Moneyline Betting
This bet is easy for beginners and veterans alike since there is no spread. This betting requires bettors to pick who they think is the winning team or player. Due to the complex payout process, this type of bet can sometimes be confusing. Bettors need to read Moneyline odds to understand the payout process. Depending on the sport and the bookmaker, three types of odds can be displayed for this betting type: fractional odds, decimal odds, and American odds.
Understanding the sports betting system is vital before placing your money on a bet. You need to know which market is easiest to understand and play in online sports betting Malaysia.
For more details about the safest betting markets that beginners can check out, you may read this infographic provided by 88ProAsia.
Read More: Rookie Mistakes You Should Avoid in Online Sports Betting
