Horse racing is another very popular sport in which fans place bets online for.

The team that wins the match, the first goal scorer and how many goals a team wins with, are all typical bets you’ll see on bet slips when placing bets on football matches online. Here are three popular sporting examples to give you an idea of how you could possibly make a bet online yourself.įootball is easily one of the most popular sports in the UK so it’s no surprise that so many people bet on it too. Now you can bet on almost any sport or popular event and we are really spoilt for choice. So when you factor in much larger stakes (£10 instead of £1) you could end up with £45 instead! Different types of bet to place onlineīetting has come a long way from just purchasing an in-person bet on a racecourse. Here is another example: 4.5 odds and you make a £1 bet means if you outcome wins you’d receive £4.50. This means that if you had 10.0 odds, and you made a £1 stake, your earnings would be £10 including the stake. When trying to understand decimal odds, the potential profit you might win actually includes the stake so all you need to do is multiply the odds by the stake in order to find your winnings value. Understanding odds when placing bets online – Probability value of an outcome Fractional oddĪny chances where the first number is more than the second number are considered against the bet, and any odds where the first number is less than the second number are considered in favour.

But there are multiple ways a person can place a bet with countless betting industries and markets, not to mention the sheer number of online bookmakers now. When you place a bet online you are putting money down on the outcome of an event in the hopes that you have predicted correctly in order to win some profits. Punters now have a wide variety of websites to select from, many of which consistently promise the highest odds possible and a free bet welcome bonus or promotion to all new consumers. These days, there are endless possibilities to take advantage of.

Placing a bet online