To understand where and when to bet, the most important thing to keep an eye on is the Odds. Odds are the multiplier by which your bets get multiplied if you win the event.
Say we have a match betweenTeam1 and Team2. Most Sportsbook will show you the odds as given above. As you can see, there are 3 sections: Win1, Draw and Win2. The number below Win1 indicates the odds if Team1wins, number below Team2 indicates the odd if Team2 wins and similarly the number below Draw indicates the odd if the match is draw. Say you bet Rs. 100/- on Win1 with Odd 12, If Team1 wins, you will get back Rs 1200/- as your winnings. Although keep in mind, the better the chances of a certain outcome, the lower the odds to win.
All platform will provide different odds and you need to choose the platform which will give you the biggest odds. Currently the most consistent platform on giving the best odd is Betsetwin.
Know your bet types
Now that we know what are odd, lets talk about the type of bets you can make. Keep in mind that not all platforms provide these betting options. For Indian players, an ideal platform will be Betsetwin which will give you all these Sports Betting Online options we will analyse below.
Single Bet:
If you are new to Sports Betting Online, this is the best type of betting. It is simple to understand and use. Single bet is when you select a single outcome of an event. Example of single bet is when you bet for Team1 to win, or when you bet on Player X to get more than Y total runs in a cricket match.
You get your pay-out for your winnings immediately after the event outcome has been declared as per the odds that has been given when you placed your bet.
Multi Bet:
If you wish to get to the next level of sports betting, Multi bet is the next best thing. Multi bets can be placed when you want to bet on the outcome of multiple events at the same time. Multi bet options are high risk, high reward and you will always win a lot more than what you would have won from single bets placed separately on all those events. However, if you lose one of the events on Multibets, you will lose the entire winnings even from the other events.
