Sport betting is the general term for forecasting the outcome of some sporting events for example football (also known as soccer), American football, basketball, volleyball, hockey, horse racing, etc. As a rule, supporters of authorized bookmarking feel that it really is like a hobby for many people. It adds the interest in sports competitions as well as in this way sports betting is good for teams and individual players. In contrast, opponents are afraid that due to a lot of money involved learn online gambling site can blur the boarders between real and fixed games as well as the true quality of sports games will be affected.

There are several formats for presenting odds:

Decimal odds format (can also be know as the European format) which is popular in Europe, Canada and Australia represent the ratio of complete pay-off to the stake. The even bet in this format is 2.00.

Fractional odds format (some professionals call it the UK format) which is preferred in Great Britain represent the ratio of the sum that was won to the stake. The even bet in this particular format is 1/1.

Money line odds format (most of US based sites name it “the American format”) which is popular in the United States. Money line odds are the sum won a hundred stake if positive and also the stake must win one hundred if negative. The even bet in the format is 100.

Propositional bets are placed on predicting the specific result of the match. As an example, a bettor tries to predict the number of scored goals by a football team or some individual player.

Parlays bets are a combinational bet which usually consists of several bets as well as in case of success the bettor get a big pay-off. Let’s look at the example. If you want to bet for the outcomes of five different football matches, you may include five different wagers in a five-team parlay. If you fail to predict even one outcome correctly, you lose your bet. But if you manage to predict correctly all of the results you are going to get a large pay-off.

With teasers you can combine your bets on two or more games. You can customize the point spreads for two different games, but in this particular case you will get a lower return on your bets in case of winning.

Goal line, puck line or run line bets are alternatives to money line prices in football, hockey and baseball, correspondingly. One example is let’s analyse the baseball game between the Kansas City Royals and Colorado Rockies. The run line may appear like this: Kansas City Royals -1.5 (+100), Colorado Rockies +1.5 (-120). If you’re taking Royals on the run line, you may avoid risking $200 to win $100 on the moneyline, but will collect only if the Royals win by 2 runs or even more. Just like this, a run line wager on the Rockies shall pay if Rockies loses by no more than a run, but it entails the bettor to risk $120 to win $100.

Future wagers (in accordance with the name) are your bets on future events. For example, you are certain that Team A are sure to win the championship within the next season. It is important to place this bet ahead of the beginning of the season. You will not get your money (if you win) before the end of the season. As a rule, odds for such bets are calculated as a ratio of paid units to wagered units.

In head-to-head bets you try to forecast competitors results against each other. You don’t bet on the typical result of the competition. These kinds of bets are mainly used in Formula One races whenever you attempt to predict the position of drivers among the others (as a rule, you bet on 2 or 3 drivers).

In totalizators your odds vary in real-time according to the percent of total exchange that every possible result received. The return rate of the bookmaker is also taking into account. As an example, in the event the return rate of the bookmaker is 90%, 90% of the total money placed on the winning outcome will return to bettors and 10% will go to the bookmaker.