What is Sports Betting?
Sports betting is the ultimate experience for sports fans. If you know your favourite sport inside and out, you may be able to beat the bookies thanks to free bet offers.
Also, placing free sports bets, be it free football bets or other sports betting offers makes the outcome more meaningful and the game itself more thrilling to watch.
The Main Objective Of Sports Betting
The main reason for sports betting is to make money from free bets that bookies offer. Sports betting is done through bookies that accept bets. You need to state what you are betting on by making a selection, the type of bet and the amount you are wagering.
Your selection will obviously depend on the odds that online bookies offer, so you will want to examine the range of odds available before you make a decision.
There are many types of bets you can place. Some bookies may offer more sports betting options than others. Different bookies also offer varying degrees of free bets.
At the time of writing Bet365 offer a £200 free bet to new account holders, where as the free bet that Totesport offer is only worth £10 and therefore a lot less generous.
Match Odds: This is also known as 1X2, this is the easiest type and most common type of betting. You can bet on three different options: Home win (1), Draw (x) or Away Win (2).
An example would be. England. 1.89 Draw. 2.50 Ireland. 2.30 First you have to choose a wager amount. If the one you pick wins, you get stake back on top of your winnings.
Say you bet £100 on England winning their next football match. The online bookie initially takes £100 from your online betting account. If England then go on to win you get £100 and your winnings back (£100 x 1.89 - £100).
Doubles: A double is made up of two bets. Both must be right for you to win. For example, you place a £100 double bet on Spain and England: Ukraine 2.25 to beat Czech republic England 1.80 to beat Ireland. If both teams win, you get back your £100 stake, plus your winnings (£100 x 1.77 x 1.64) = you make a profit of £305.
Trebles: A treble is made up of three bets. All three must be right in order for you to win. For example, you place a £100 treble bet on Ukraine, England and USA. Ukraine 2.30 to beat Spain England 1.71 to beat Paraguay USA 1.56 to beat Croatia If all of them win, you get back your £100 stake, plus your winnings (£100 x 2.30 x 1.71 x 1.56) = £513.
Correct Score: Pick the final score of the match after 90 minutes of normal time.
First Goal: Pick which team will score the first goal of the match.
Half Time: Pick the result of the game at half time: Home wins, draw or away wins.
Half Time/Full Time: Pick the result of the game at half time and the full time result (home win, away win or draw). Both predictions must be correct to win this bet.
Draw No Bet: Bet on either team to win the match. If it's a draw your stakes refunded.
First Goalscorer: Pick which player will score the first goal of the match.
Last Goalscorer: Pick which player, from either team, will score the last goal of the match.
Anytime Goalscorer: Pick which player will score a goal anytime during the match.
Scorecast: Pick the first player to score and the final score of the game during normal time. (Extra time does not count). Both predictions must be correct to win this bet.