Many people unfamiliar with the online betting industry assume that every gambling website offers the same things. Unsurprisingly, this is not the case because some companies provide way more things than others. For example, if you check NOSTRA BET for everything about betting, you will see reviews of professional bookmakers and casinos that provide substantially more things than many other companies.

The fact that some gambling operators provide more betting categories than others doesn’t make them better. In fact, the best iGaming brands in the world usually focus only on a few aspects. With that being said, you may come across companies that provide a lot more things than others. 

Some people prefer to use sites that focus on one thing, but most bettors are more interested in gambling sites that provide multiple betting categories. One of them is the sportsbooks, which is why this article will try to focus on the different types of bets you can expect to come across while punting on sports.

Single bets

The first thing we’d like to include is the classic single bet. Many people use this on a daily basis without realizing that it is called a single bet. As its name suggests, this is used when people place a bet on a single market from a given sport.

There are different types of single bets, depending on your wager. Some people use single bets to pick some of the classic options for some sports. However, others use individual markets, such as those for specific football players. 

Double

If placing a single bet doesn’t seem that interesting, you can also try out the so-called double bet. Some people use this term when placing two separate bets, but this is incorrect because placing two different bets means you’ve placed 2x single bets.

A Double bet is when you punt on two outcomes in different events in the same betslip. Online bettors do those kinds of things because they give them access to higher odds. Of course, this makes the bet riskier because they will lose everything if they don’t predict all of the selections in their betslip.

Accumulators

If you do not want to bet on a single sports event, you are most likely interested in the so-called Accumulator bets. You can often find them as “ACCA” because this is the term used by most online bookmakers.

Although people have a different definition for an Acca bet, most use it when they bet on at least three or more selections. However, some online bookies will qualify people’s bet as an “Acca” only if it contains at least five selections. 

You can learn more about this by checking the given operator’s promotions, especially those that stimulate people to punt on more selections. They will contain the minimum number of events you have to bet on.

Yankee Bet

Even people with many years of online betting experience might not be familiar with Yankee bet because this is an option that does not work for every sport. In fact, this is usually only used for horse racing, a sport that has many fans in the UK and a couple of other countries.

Punters who want to place a Yankee bet need to choose a bookmaker and place a total of 11 bets. Six of them have to be doubled, four must be trebles, and there should be one fourfold. It sounds complicated if you do not have any horse racing experience. However, people who are interested in this sport know that the Yankee Bet is awesome. 

If you want to guarantee a return, you must guess at least two of your selections. Speaking of winning, you must place a bet first, which means you must go through the available payment solutions.

Lucky 15

While we are on the topic of horse racing, there is another type of bet that people often use when they wager on this sport. It is called Lucky 15, and as its name implies, this bet consists of fifteen bets. 

Punters interested in it must place six doubles, four singles, a fourfold, and 4 trebles. If you’ve paid attention so far, you’ve probably noticed that this is similar to the Yankee bet, but it has four singles. Another thing that sets it apart from the previous is that you need to predict only one section to get some kind of return.

Source: Plato Data Intelligence: Platodata.ai