There are several betting markets outside of the moneyline category. You can capitalise on any of these popular markets depending on the odds or value they may offer. These other markets do not involve betting on a competitor to win a match. Instead, they go a bit deeper. Learn more about the seven most popular options available on sportsbooks in the article below.
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#1 Spread Betting (Point Spread or Handicap)
This market type levels the playing field for all bettors. It is an exciting form of bet that promises sizable winnings. In spread betting, you have two choices. Either bet on the favourite to win more or the underdog to win outrightly or lose by less.
If you wager on a team whose spread is -2, they must win by at least three goals for you to win your bet. However, a wager on the other team with a +2 spread would only be successful if they win outrightly or lose by one goal for you to win. Usually, spread bets make it easier to bet on underdogs.
#2 Over/Under (Totals) Betting
This bet market is common with fast-scoring sports like basketball and soccer. Success in this market relies on guessing the total number of points or goals scored by both teams.
For instance, think of a game between the Lakers and the Miami Heat.
If you believe the total points in the game will exceed 200, you can wager on the “Over 200.5” option. However, both teams must combine for at least 201 points for you to win. However, if you think the reverse could be the case, you can bet on the “Under 200.5” option. This way, you will be guaranteed a win if both teams fail to exceed 200 total points.
#3 Both Teams to Score (BTTS)
This bet market is common in soccer betting. The idea is exactly how the title reads – both teams to score. For you to win your bet, both of the teams involved must score at least one goal. Simple right?
This betting market’s simplicity is why it is popular among punters. It is also a good betting option for bettors new to sports betting. Here’s a quick tip: go for the BTTS market when both teams are evenly matched. You can also check their histories regarding the number of goals scored in games most recently.
#4 Futures (Outrights) Betting
This market involves long-term bets. These can be very rewarding with high odds, especially because of the long timing and the possible factors that may sway or encourage the eventual outcome.
An example of future betting is a bet on a league winner or top scorer. It is common in sports such as Soccer and Basketball. This market is often available for big events such as the World Cup or the Super Bowl.
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#5 Player Prop Bets (Player Performance Bets)
Instead of straight-win bets, you can wager on individual players. You can pick specific game statistics you think a player could excel at. Examples include goals and assists. For example, you can bet on a player to score in a match.
Alternatively, you can go for riskier bet options with higher potential winnings. An example would be wagering on the time range a player could score.
These player performance bets are popular in sports like basketball, soccer, and tennis. They are excellent options for fans and bettors with favourites. If you follow a player closely enough, you can take a chance on them for some winnings.
#6 Team Prop Bets (Team-Specific Outcomes)
Yes, you can bet on an individual player or member of a team. At the same time, you can also wager on a team’s performance. This betting market can be rewarding, especially when you bet on teams in form.
Some statistics available for team bets include corners and cards in soccer. In American football, you can bet on the number of touchdowns.
#7 Correct Score Betting
Predicting the exact score in a match is very risky. However, the potential payouts could be large. Correct Score markets are available for soccer events due to the sport’s low-scoring nature. It is almost impossible to guess basketball results.
Even in football, you have a higher chance of failing with your predictions. However, you can apply a few strategies to improve your winning chances.
For instance, you can target two teams that rarely score goals. Then, you can wager on correct scores such as 0–0, 1–0, or 1-1.
However, there is still no guarantee of you winning your bet. Even the low-scoring teams may sometimes achieve high-scoring results. Ultimately, do not chase losses. Gamble responsibly always.