Did The Us Qualify For The World Cup Betting on Betfair – The Different Types of Bets

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Betting on Betfair – The Different Types of Bets

Most of us are familiar with the straight ahead win or lose bet, where if your pick wins, so do you, and if not, you lose. Most people also understand the concept of place betting when you bet on an event where there may be a first, second and third place winner. However, at Betfair there are also a number of other bets you can place.

Golfers will be familiar with the concept of handicaps. These are designed to make all players more or less equal; well at least that’s the theory. Using handicaps helps to make what can be one sided events a little more for betting purposes as well. For example recently the English football team had to play Kazakhstan and Andorra to qualify for the World Cup. No one expected to be defeated in England and this was proven with the 4-0 and 6-0 victory. At Betfair you could have placed handicap bets on England to win.

The two most popular handicap bets are known as Asian handicaps as they were originally popular in the Far East. Now many players from all over the world use them.

There are now two types of Asian handicap. The former gives the handicap on the 1.5 side which means they must win by 2 or more goals for it to be a winning bet. It also means that it is not possible for the result to be a draw.

In the second type of Asian handicap, a team is handicapped by whole goals +1.0, +2.0 and so on. In this case, if a side has a +2 handicap, it must win with 3 clear goals. If with the added handicap the result would be a draw, the bet becomes void.

Another type of bet is known as a Line Bet. This is when you bet on a certain series of events happening or not happening. For example, in a soccer match, if you think a team will take more than 10 corners in a game, the line can be set at fourteen corners in the game. If they only get 13 corners then you win, if they get 15 corners then you lose. It is a simple bet even with money.

A more complicated and riskier bet is the range bet. Whether it’s goals, runs or points in a match, you can ‘Buy’ or ‘Sell’ a value. Cricket is a good example, you can think that one side will score more than 200 runs and you buy the runs at £2 per run. For every run over 200 you’ll win £2, but if they don’t reach the mark you’ll lose £2 for every run they don’t score under 200. or for example if the only one scores 174 you’ll lose £52. The limits are set here so that when you place a bet you know the maximum and minimum profits or losses you can have.

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