Playing sports betting in online casino Singapore is a trend among Singaporeans due to the convenience of online gambling sites. It can also be intimidating for those who are new to the online casino Singapore. Whether you’re an avid sports fan or just looking for a new form of entertainment, it’s important to understand the basics of sports betting. In this article, we’ll break down the simplest bet types to start at online casino Singapore so that you can dive into the exciting world of sports betting to win big.
What is Sports Betting?
Sports betting occurs whenever two or more individuals gamble money on the outcome of a sporting event. It makes no difference if the wager is $1 or $1 million, or if the sporting event happens today, or next month. If money is riding on the outcome of a sports event, it is known as sports betting.
There are various types of sports available at online casino Singapore including football, cricket, horse racing, tennis and so on. You can wager on the winner of a game or event, the total number of points scored by both teams, or the statistical performance of an individual athlete or a team.
Below are the simplest bet types for sports betting:
Moneyline Bets
Moneyline bets are the most straightforward type of wager you can make on a sporting event at online casino Singapore. In a moneyline bet, you simply pick the team or athlete that you think will win the game or event. The odds for each side will be displayed as a positive or negative number, indicating the amount of money you’ll win if you bet $100. For example, if you bet on a team with odds of +150, you’ll win $150 if you bet $100 and that team wins. On the other hand, if you bet on a team with odds of -200, you’ll need to bet $200 to win $100 if that team wins.
Point Spread Bets
Point spread bets are another popular type of sports wager at online casino Singapore. In a point spread bet, you pick a team to win, but the odds are adjusted based on the predicted margin of victory. The team you bet on must not only win, but they must also win by more than the point spread in order for you to win your bet. The team that is favored will have a negative point spread, while the underdog will have a positive point spread.
Over or Under Bets
At online casino Singapore, over or under bets also known as total bets, are a type of wager where you predict whether the combined score of two teams in a game will be over or under a specified number. For example, if the over or under for a basketball game is set at 180, you can bet on whether the final score will be over 180 or under 180.
Parlay Bets
Parlay bets are a type of wager of sports betting at online casino Singapore that allows you to combine multiple bets into one. With a parlay bet, you can pick multiple teams or events and combine them into one wager. If all of your picks win, you’ll win the parlay bet and receive a larger payout than if you had made individual bets on each event. However, if one of your picks loses, the entire parlay bet will be lost.
Conclusion
Sports betting at online casino Singapore can be an exciting and profitable hobby, but it’s important to understand the basics before diving in. The simplest bet types to start with at online casino Singapore are moneyline bets, point spread bets, over or under bets, and parlay bets. With this knowledge, you’ll be able to place informed and confident bets on your favorite sports events. Good luck, and have fun!
