Online Gambling 101: Types of Betting

Over the last few years, the popularity of gambling on the internet has exploded exponentially. Despite strict regulations in various countries, various forms of online betting continue to thrive.

casino online betting

Why people gamble online

Online gambling sites continue to attract more and more players, despite strict rules and the banning of certain betting platforms. Here are some reasons this form of entertainment is still alive.

  • CHEAPER

If you’re an avid fan of gambling, you’ll want to travel to cities like Las Vegas. The trip alone can cost you a lot of money. But with online betting, you can cut your spending by at least half. So instead of spending all that money on airfare, hotel, car rental, and such, you can just wager all that cash for more chances of winning.

  • CONVENIENT

Since you’ll be gambling in the comfort of your home, you won’t need to pack, travel for hours, nor brave the traffic to get to a casino. What’s more? You won’t have to dress up because, apparently, there are a lot of casinos that require a certain dress code. Sound convenient enough?

  • OPTIONS

Not all casinos offer every type of game. That’s the truth. But with online betting, you can wager on anything, from card games to sports, all in one site.

  • DISCOUNTS, BONUSES, ETC.

Most offline casinos don’t have a lot of promotions, but online gambling sites do. These include deposit bonuses, free cash, cashbacks, signup bonuses, and more.

Types of online bets

There are many ways to place your bets, according to bookmakers. By knowing what those are, you’ll successfully increase your chances of winning.

SINGLE

If you are new to the world of sports betting, then a single bet is what you need. It has a lower level of risk, is straightforward, and is easy to make. All you need to do is multiply the odds by your stake to find out how much you could win.

DOUBLE

When you bet on two selections in various events, this is called a double bet. To win, both selections should be successful.

TREBLE

All three selections should be successful to ensure a high return.

TRIXIE

You need to make two or more of your selections, which should all win for you to win.

PATENT

You choose three selections and then make seven bets on different events. You need one or more selections to have a high return.

ACCUMULATOR/ACCA

With two or more selections, you’ll need all of them to win to get a good return. Twenty is the maximum number of selections permitted in a multiple bet, which is referred to as a twentyfold accumulator bet.

YANKEE

There are 11 bets in a Yankee, which should be made on 4 selections in different events. For example, 5 doubles, 3 trebles, and 1 fourfold accumulator. To win, you need two or more selections to win. More details at GoldClub888.

LUCKY 15

The Lucky 15 bet is like a Yankee, which should consist of 15 bets on four selections in various events. But this type of bet has to have a single bet. For example, 4 singles, 4 doubles, 4 trebles, and 3 fourfold accumulators. You only need at least 1 selection to be successful for you to win. read more