Betting On Betfair - The Different Types Of Bets
Most of us are aware of the self-explanatory win or lose bet where if the selection wins so do you of course, if not you lose. Most people also understand the concept of place betting if you bet while on an event and then there can be quite a first, second and third placed finishers. However, on Betfair there is also a selection of other bets that you can place.
Golfers will probably be knowledgeable about the idea of handicaps. These are meant to make all players about even; well at least that's the theory. The use of handicaps helps make what might be one sided events more even for betting purposes. For instance recently the English football team had to play both Kazakhstan and Andorra to qualify for the World Cup. No one expected in England to have beaten and also this was it proved with them winning 4-0 and 6-0. On Betfair you may have placed handicap bets on England winning.
The two most favored handicap bets are called Asian handicaps while they were initially popular inside Far East. Now many punters from around the world make use of them.
There are now actually 2 types of Asian Handicap. The first gives on side 1.5 handicap this means they should win by 2 or more goals so that it is a winning bet. It also ensures that it's not at all easy for the end result to become draw.
In the next kind of Asian handicap a side is handicapped by whole goals +1.0,+2.0 etc. In this event if a side is handicapped +2 it should win by 3 clear goals. If with all the handicap added the end result would have been a draw the bet becomes void.
Another form of betting is called Line Betting. This is if you bet on a particular group of events happening or not happening. For sboarena instance in a soccer match if you think a side will get over 10 corners in a match the line could possibly be set at fourteen corners within the game. If they only get 13 corners then you certainly win, should they get 15 corners you then lose. It is a simple even money bet.
A harder and risky bet is Range Betting. Whether it is goals, runs or point sin a match you are able to "Buy" or "Sell" a value. Cricket is a useful one, you could think that one side will score a lot more than 200 runs and you also find the runs at A�2 a run. For every go beyond 200 you are going to win A�2 but should they fall short of the figure you'll lose A�2 for each run they did not score under 200. or instance if the only scored 174 you'll lose A�52. listed below are limits in place in order that whenever you place your bet you know maximum and minimum gains or losses that you can have.
