The most common and easiest bet is called the simple wager. This wager is simply betting on which team will win a match or game. One person wins and takes everything, while the loser gets nothing. A slightly more complicated but similar bet is called the future wager. In a future wager, you bet far into the future guessing which sports team will win the Super Bowl or make it to the finals. This bet can pay off much greater than a simple wager, but the loser still gets nothing.

Parlays and Progressive Parlays are a slightly more complicated form of betting. This method is basically a series of simple wagers. In a Parlay, you have to get every bet right but you can reap a massive payout. Progressive Parlays offer a smaller payout, but you can lose a few games and still multiply your bet.

More complicated bets exist such as Proposition bets and Head-to-Head bets. A Proposition bet is very specific and can be betting on very specific scores of a game or a player’s stats. Head-to-Head bets do not focus on the end results of a game, but instead on the individual competitor’s standings, compared to one another. In golf for example, a Head-to-Head bet compares several players’ rankings.

Now that you have a better understanding of different online betting styles, you can invest better and get better returns!

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