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Sports Betting Guide Drinking Game
Summary
Do you want to learn more about sports betting? Check our complete guide about it.
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Equipment
- Large TV to watch sports on
- Cable box
- Alcohol
Setup
Fire up your television and get ready to watch some sports. Grab your phone or laptop and be prepared to bet on some sports while also consuming alcohol!
Rules
Sports betting is becoming a rage among sports fans, but not everyone has yet surrendered to this hobby. And the reasons are many: fear, distrust or even ignorance of the rules.
Well, on the issue of safety and accuracy of bets, we can guarantee that they are real and conducted by regular companies; some are big international brands, as well. Regarding the lack of information about how to bet, rest assured: you can learn all about that at MightyTips.
And with the help of author Kate Richardson, a specialist in sports betting, we've created a good guide for those who want to understand more about sports betting in general.
The first question a newcomer should be asked is whether he knows what a bet is. It may seem like a rather obvious question, but try asking this question to people who have never participated in free gambling games and you may be surprised by the answer.
Here, you will learn all about sports betting, with a special guide for beginners!
Different types of sports betting
There are many varieties of sports betting with different characteristics and multiple possibilities. In general, one can talk about two types of bets that are common at the best online gambling Canada websites; we detail each of them below.
Single bets
Without a doubt it is the most basic and simple bet. A single prognosis with a single investment is made and it is necessary to wait for the result to know if there are gains or not.
The player must predict an outcome and stipulate the stake. If the guess is correct, the user wins. Earnings are calculated according to odds. Just multiply the odds by the amount wagered.
Combined bet
It is the union of several simple bets. It is a very interesting type of bet as the odds of these events are multiplied with each other. And there are some of the best betting sites that offer extra bonuses, like 22Bet.
They are more complex to make a profit, but they give you more opportunities to earn more money.
For example, if the player bets on two or more results, from different events, they are placed as stacked bets. The member is only entitled to the prize if he corrects both selections. Multiple selections can be added, but the more you add, the more difficult it will be to get right. As a result, the better the prize.
Most common betting markets
Within the betting possibilities, there are several markets, that is, ways to make a guess. A goal or point balance is one of a kind, but several others exist.
This allows fans of different levels of knowledge of the sport to gain access to bets, with real chances of success, differently from casino online gambling, which is only based on luck.
We highlight the most popular markets below.
1x2 bets
This is the kind of bet when you choose which side will win the match. In some sports, such as football, there are three options, as it is possible for teams to draw at the end of a game.
In other sports, however, such as tennis and basketball most of the time, you'll only find two options, deciding which side will be the winner of the confrontation.
Handicap betting
When there is a clear advantage of one team against another, the odds of the favorite are usually quite low. Therefore, bookmakers skrill offer a "change" to the betting system, granting a point's advantage to the weaker team.
How betting odds are displayed
There are two basic factors in sports betting. The first is the quotas. This is the probability that a result will be expressed as numbers rather than as a percentage. The second important factor is the investment, that is, the amount of money wagered on a forecast.
To calculate winnings, you need to understand the odds system of each betting site.
There are three types of odds:
- Decimal
- Fractional
- American
Decimal odds
Represent the total payout of the bet. They are the easiest to understand. Imagine a platform that pays 1.25 for a hit. Then multiply the amount invested by the odd to find the total amount to be received.
Fractional odds
These indicate the profit margin per unit of bet and are represented by fractional numbers, as in 4/1. A four-to-one bet means that for every €1 wagered, the player wins €4 in addition to getting paid back the wagered amount.
And when you're looking for sports betting not on Gamstop, make sure you're getting the best odds.
American odds
Are represented by a negative number and a positive number. The negative indicates the favorite and the number indicates the amount of money the player must wager to win $100. The positive number indicates the underdog of the game and the cash value to win R$100 in the bet.
Conclusion
For some reason, many people seem to think that betting on sports makes them look less enjoyable or that they may create a gambling problem with it. This is perhaps because they get the impression that this means taking things too seriously, and worrying about things like stats and form, rather than just relaxing and watching a game.
Let us assure you that this is nonsense. You can certainly choose to take your betting seriously, and that can affect how you watch sporting events, but it doesn't really take the fun out of things.
It's just the opposite actually. In our opinion, at the very least, placing bets on events makes they look even more enjoyable. This heightens the excitement as it means there is always something or someone to cheer for.
And differently from riverboat gambling or casinos, for example, you don't even have to leave your house to make sports bets, as there are many interesting and completely safe online bookmakers for you to enjoy.
As always, please remember to drink responsibly! This alcohol drinking game is not meant to lead to you becoming sick due to over-consumption of alcohol. Need a sober ride? Save $5.00 by riding w/ Lyft! If you enjoyed it, please leave feedback in the comments & let us know how we can make it better!
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You must be of legal age and in no violation of local or federal laws while viewing this material.
Disclaimer
We do not support misuse of alcohol, including excessive consumption, binge drinking, or drinking and driving. It has been proven that excessive drinking can cause serious physical harm.
Please drink responsibly!
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