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Understanding the Different Types of Betting Offers- What to Know

Sports betting has always been a part of human history, but understanding the different types of betting offers can be tricky for a new sports bettor. The idea of gambling stems from one of the most fundamental concepts, which is “my clique is better than yours.” People have always been trying to prove they’re right. Fortunately, they are more than willing to put their money where their mouth is.

With the advent of digital technology and the internet, it has become significantly easier for people to bet against one another and earn some money. You don’t even have to go to a sports bar or a gaming lounge, as you can simply whip out your mobile device and log on to your favourite betting site (We recommend you check out Bodog). However, it’s essential that you know how each type of betting differs from the next so that you don’t end up throwing all your money away willy-nilly.

Listed below are five of the most popular types of betting that you need to know about:

Free Bets:

This is the most common type of betting you will find, as it’s the least complicated and most straightforward type of betting available. There’s no deposit fee, complicated odds, or other concerns that you have to worry about. You can simply place bets with minimal odds and see if you win anything.

Money-Back Specials:

Instead of betting on who will win the match, this type of betting targets a specific outcome instead, which may or may not be related to who the winner is. For example, there may be special leverage on a football game if one team manages to score three goals before the half.

Matched Deposits:

If you’re new to sports betting, matched deposit offers are an excellent option for you. This type of booking will only allow you to bet using a limited amount of money based on your initial deposit. It’s a great way for you to test the waters without having to worry about losing too much money or getting carried away. You will get to see how the betting process works while enjoying the experience. The best place to get a deposit match is definitely MyBookie. They offer a HUGE selection of bonuses!

Event Offers:

This type of betting is only available during special events such as UEFA Champions League
Final, NBA Playoffs, Super Bowl, or Grand Slam… or more recently in some eSports tournaments. So if you like gambling on eSports such as DOTA, CS:GO, League of Legends, check out Pinnacle Sports! There may be a special deal that will entice you to start betting. You will have the potential to get a significant return on your initial deposit. It’s a great way to add even more excitement to the already high-stakes game you’re betting on, which will definitely make it much more interesting.

Enhanced Odds:

If the odds of a game or match is too lopsided, the bookie may offer an enhanced odds deal to get more people to pick the losing side. For example, it could bump up the odds from 5/1 to 10/1 to entice more people to take a chance and root for the dark horse. These deals may also come with a particular condition that will add even more intensity and challenge to those games.

If you’re looking to start betting on your favorite sports online, Action Backers is your best option. Get in touch with us today to see how we can help, or read our sportsbook reviews here.

Once you understand the different types of betting offers, all you have to do is place your bets and, hopefully, watch the money roll in!

Don’t forget to follow us on Twitter @actionbackers for all of the latest in sports betting, poker, esports and more, as well as our FREE sports picks!

Happy Betting!