Betting markets
Dozens of betting markets may be offered for a single sports event. So what exactly is a betting market?
A betting slip is a paper or electronic form that records the bets you place, the bet amounts and the odds for the bets.
To place any type of sport bet, whether online or off, you’ll need to use a betting slip. At a traditional betting shop, you’ll be given a betting slip as a receipt for bets you place. Then if your bet wins, you return the betting slip to a teller to claim your payout.
Electronic betting slips are used to place sports bets online. Unlike the paper versions used at betting shops, they automatically calculate and list the payout you could win from bets you place.
You can usually access a betting slip at the top right of any page on a sports betting website. However, some bookmaker sites display a betting slip only once you’ve clicked particular odds in a betting market.
You don’t need to fill in a new betting slip every time you want to place another bet. In betting markets, each unrelated bet is called a single bet. A betting slip is designed so that you can place as many single bets as you choose at a time. You can make several selections and enter the amount of money you want to stake on each of them.
Some betting slips display the potential winnings for each bet separately. Others display the total potential winnings for all the bets you place.
A multiple bet is a single stake bet on two or more selections. The bet typically pays out only if all the selections win. As soon as you make two or more selections on an online betting slip, the slip will automatically offer you multiple bet options. These will vary depending on how many selections you’ve made.
To place any of the listed multiple bets, you simply enter a stake in the field for it and then submit the betting slip. Make sure that if you don’t want to place a multiple bet, you don’t accidentally enter a value in any of these fields.
Depending on how many selections you are making, you may also be provided with fields to place combination bets. Leave these blank unless you specifically want to place a combination bet – as these can significantly increase the value of the stake required to place your bets.
Visit William Hill now to try out online sports bettingDozens of betting markets may be offered for a single sports event. So what exactly is a betting market?
The basics of opening and managing an online sports betting account.
A step-by-step guide on how to place sports bets online.