Who fancies a betting masterclass? If you’re new to online betting, some of the terms and jargon can be a bit misleading. What does someone mean when you are betting each-way? What happens when you place an accumulator bet? And what on earth is Asian Handicap punting?
Here at Bettingpro.com, there are a series of articles which provide answers to these difficult questions, with each-way betting allowing customers to not only back a selection to win an event but also giving them a chance of making a profit if the said selection finishes second, third or fourth.
With accumulator bets, it’s a simple case of making a number of selections that are permed together and if they all win, customers can make a sizeable profit based on their unit stake. So for example, you might select five teams to win their football matches at the weekend and that would be an accumulator or acca.
There is also the mysterious world of spread betting which needs a great deal of explanation. Firms like Sporting Index offer customers the chance to bet in a different way to the fixed-odds operators. You can bet on whether one football team will beat another football team by a certain number of goals.
Similarly, you can bet on a horse in a race and ultimately get rewarded for how correct you are. So if you pick an outsider and choose to “buy” the horse, then you would make a big profit if the runner won the race but you could also make some money if the horse finished third or fourth.
There are also masterclasses on different sports, with horse racing, football and cricket markets all differing. Many people like to place bets on the tote when it comes to racing while there is also the chance to make a Placepot selection or something called an Exacta.
When it comes to cricket betting, you can bet on which team’s player will score the most runs or take the most wickets, while there is also the chance to make In-Play bets on how many innings runs a team or player might score.