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Betting on sports
Betting on sports is immensely popular. Thanks in particular online casinos it is now possible to bet on almost any sport. From the most obscure sports matches to the World Cup final of football: there are always plenty of bets available.
The type of bets available varies greatly by sport. In addition, in most cases, there are many different types of bets available.
You can always bet money on the outcome of the match, but depending on the sport, you can also bet on specific events that (can) take place during the match.
Here, one bet carries more risk than the other, which is also reflected in the potential profit.
Betting on sports
Sports betting has been popular for decades, but has taken off thanks to online casinos. Popular online casinos where you can bet on sports are Betcity and Bet365 . In addition, most betting offices can bet on a variety of sports competitions. You can deposit money at these casinos with trusted payment methods such as ideal , MasterCard and Show .
Not only popular sports like football and tennis, but also less big sports like surfing and netball. Betting on the winner is the most standard bet, but, depending on the sport, bets can also be made on the first point, the first throw-in (in football) or the first foul, for example.
The potential profit (and with it the risk present) is indicated by so-called odds . Usually this is a number ( listing ) with two decimal places, for example 2.54. This means that a bet with a quotation of 2.54 pays out 2.54 times the stake when winning.
A bet with a very low quotation (close to 1 times the bet) is the most likely outcome according to the betting office. The higher the quotation, the smaller the chance that this outcome will take place according to the betting office and the higher the possible payout is.
Choosing the right sport
While it can be exciting to take a chance on different sports, there are sports that lend themselves better to betting than other sports.
A first important factor that matters is the personal knowledge one has about the sport.
Although the odds of the betting offices can be seen which team is most likely to win, personal knowledge about the teams can be very helpful.
For example, it can happen that a betting office does not take into account a newly received injury of the star player.
The betting office estimates that the chances of winning this team are greater, while in reality the advantage may well have moved to the opposite team due to the absence of the star player.
In this way, with good knowledge about the sport, a small additional advantage can be achieved. Another factor to watch out for is the number of possibilities that can be bet on.
While in horse racing there are an average of eight to ten possible winners, in football there are three (win team a, win team B or draw) and in tennis even only two (player A or Player B).
The fewer options, the lower the risk, but the lower the possible benefit is when choosing the favorite.
Football betting
One of the most popular sports to bet on is football. Especially during big tournaments, many enthusiasts take a gamble.
In football betting, bets can be made both in advance and live during the match.
Not only can you bet on the winner (or a draw) of the match, but also on the exact outcome, first goalscorer, total number of goals, total number of (yellow) cards and more.
Live betting is also possible with football. For example, bets can be made on whether or not a throw-in occurs in a certain minute of the game.
You can also bet on whether you will score in the next few minutes.
On the basis of the aforementioned odds, it can be seen how high the probability is statistically that the gebnzdnungen of the bet takes place.
Want to know more? View the page football betting for more information and tips on betting.
Premier League
If you want to bet online, the Premier League is an absolute must, for several reasons.
Not only because football betting can and should be large-scale, but also because the matches are generally of a high level. That makes it fun!
Betting on horses
Betting on horse racing has been around for hundreds of years and is immensely popular worldwide with an estimated turnover of more than 100 billion dollars a year.
The most common in horse racing is to bet on the winner, which is often a the straight bet is called.
It is also possible to bet (with less risk) on a horse's first, second or third place ( show bet) .
A third popular bet is on a first or second place horse ( place bet) . At most betting houses, the show bet has the lowest risk.
In addition to the bets mentioned, it is also possible to bet on two horses that must finish in first and second place.
Depending on the type of bet, the order of the horses must also be correct. Read more on the page betting on horses .
Hockey
A lesser known sport to bet on is hockey. Especially on the big tournaments you can bet a lot.
The type of bets in hockey is somewhat similar to the bets that are possible in football.
You can bet on the winner, but also on the next goal, the next offense or the next penalty corner.
Please note that ice hockey is often referred to outside the national borders when ‘hockey’is mentioned.
Some international betting houses therefore require a search for’ field hockey ‘to bet on the form of hockey referred to as’ hockey ' in New Zealand.
More information can be found on the page hockey betting .
Volleyball
Although not one of the most popular sports within New Zealand, volleyball is quite large worldwide.
Betting on volleyball matches is therefore quite popular. For New Zealand, the betting options are particularly at big matches such as EKs, WKs and CEV Champions League.
As in other sports, the most common bets are to predict the winner of the match (or tournament) and, in the case of live betting, the creator of the next point.
Sometimes there are also opportunities to bet on the final score in sets, where the chance of winning is smaller than when simply betting on a winner.
However, this means that the possible payout is also greater. Read more on the page volleyball betting .
Greyhound racing
Dog breeds are still relatively unknown in New Zealand. In England, however, the dog races are popular, simply because it can be bet on.
The dog races were in the early stages mainly popular among the poor, as only the rich could attend the horse races. In the United States and Ireland, the sport is also successful.
In our own country there are twelve dog racetracks, however, no commercial races are organized. The greyhounds can reach particularly high speeds and provide the necessary entertainment.
You can win nice cash prizes with a bet on a dog race, but some knowledge and tactics are required.
It is still unclear if the sport does have a future in New Zealand, as animal rights are increasingly in the spotlight.
Formula 1
Formula 1 has been around since 1950 and is a profitable business for many parties.
In New Zealand, motorsport has come under more attention in recent years. The amazing performance of Max Verstappen has had a definite effect on popularity.
In 2023, there are 23 races on the program. The participating Formula 1 courNZDs will run some free practice sessions and qualifying before the race.
At the end of the season, the courNZD with the most points wins the World Cup title. Lewis Hamilton won the World Cup title in 2017, 2018, 2019 and 2020. The Englishman set a record in 2019, gaining 413 points.
Enthusiasts can turn up the excitement on their own by placing a bet on the Formula 1 races.
The online bookmakers give the chance to bet on your favorite courNZD or team. Find out more about Formula 1 betting here .
Darts
Darts is one of the most popular sports for betting. Dozens of tournaments are held annually, including the World darts Championship at the end of the year.
Several well-known bookmakers are main sponsors of darts tournaments. In New Zealand, the sport of darts became especially popular thanks to the achievements of Raymond van Barneveld.
Today we are massively in front of the television when Michael van Gerwen comes into action. You can bet on the winner of a darts match or even a tournament.
Other fun bets are the number of 180's in a match or which darter records the highest finish.
Betting on darts has several major advantages, including the speed of a match.
Choosing security or potential profit
With every sport, many different types of sports betting are possible, where the possible payout can vary greatly.
There is always a balance in possible profit and risk of loss. Betting on an unlikely outcome can be very lucrative, but is rare.
Many people regularly bet small amounts on unlikely outcomes. The loss is small, but if the sports bet is won once, then the profit is large.
For example, in 2016, several Britons often won tens of thousands of pounds after betting small amounts on a national championship of football club Leicester City, the last number in the league.
If you are going to bet on sports regularly, it is usually the best option to bet on a result for which the odds are between 1.50 and 3.00.
A result with such a listing is relatively likely, but still pays out sufficiently in the event of a profit.
Results with a rating lower than 1.50 are generally not worth betting on. The payout on winning is very low, while the chance of losing the bet is still real.
Strategy: betting on many matches
Within the games of chance online casino games sports betting is a special group. Unlike the most games of chance sports betting is not just about luck. Knowledge about the sport, teams and players affect the gambler's chances of winning .
Within sports betting, several strategies are known. A popular strategy is the combination bet on many matches. Sometimes a lot of money can be earned with little money.
Combination bet vs single
In sports betting, bets can be placed on almost any gebnzd event in a match or tournament. In some cases, it is also possible to make so-called combination bets.
This means that an amount of money is wagered on several bets at once. All these bets must be won to win the combination bet.
This involves both opportunities and risks. for example, if you make a combination bet that consists of five separate bets, then all five bets must be won. If you have four of the five bets right, you are still empty-handed.
Instead of a combination bet, you could therefore also make five separate bets for less risk. However, the possible benefit is a lot lower. In a combination bet, the odds of the different bets are multiplied by each other.
Difference in possible winnings in combination betting
The main advantage of a combination bet is the possible payout. With the following example you can see this.
Single bets
You make three bets with the following odds:
- Bet A: 2.00 - you get twice the deposit when you win
- Bet B: 3.00 - you get three times the deposit when winning
- Bet C: 5.00 - you get five times the deposit when you win
If you bet $ 1.00 on each bet and you win all bets, you win $ 10.00.
Combination betting
You take the three bets again, but this time as a combination bet. For the casino the three bets are now seen as one bet. The quotations are multiplied for this.
When we perform this multiplication (2.00 x 3.00 x 5.00) it turns out that we get back as much as thirty times our bet when all three bets are won. So, with a bet of $ 1.00, the possible payout is $ 30.00.
Not only is the potential profit higher, the total bet is also lower: $ 3.00 for the single bets, $ 1.00 for the combination bet.
Risk of a combination bet
The potential profit of a combination bet is a lot higher than that of single bets. However, it is also a bit more difficult to win, because every online bet must be won. If you prefer to play with less risk, then a combination bet may not be the best choice.
Making strategic use of combination bets
A commonly used combination betting strategy is to bet a very small amount (a few cents to a few dollars at a time) on a combination bet that sometimes consists of as many as ten single bets.
Winning this bet is very tricky, but the loss is not big due to the low stakes. In contrast, the potential profit is sometimes astronomically high compared to the stake.
Many people who football betting those who also gamble, for example, bet every game round of the Eredivisie on a combination bet of five to nine matches. In 34 rounds of play, it is certainly not inconceivable that all matches will fail once as can be expected on paper.
In this way, with a minimum bet, a few hundred dollars can be earned with a combination bet. Of course, other sports competitions are also excellent for this strategy.