Sports betting is one of the most popular hobbies for millions of people around the world. Just like in most developed countries around the globe, Australians love to indulge in the guilty pleasure of betting on their favourite sports and teams to spice up their love for sports.
It’s a great pastime activity that includes a slight chance of winning some amount of money, adding to the excitement. If you are a fan of betting, we have some great news for you. When searching for a betting site make sure to check out the newest online bookies in Australia. Some great suggestions might just be what you were looking for.
What Types Of Betting Options Are There In Australia?
Betting is a very complex hobby involving a lot of depth. Let’s cover some of the most popular betting options without going too far down the rabbit hole, to help you understand them better and improve your betting game.
Many online casinos, including KTO, feature free demo versions of games, allowing players to practice and explore new games without risking real money, making it an excellent learning platform. KTO login allows players to access these demo games and hone their skills before diving into real-money play.
Home Team To Win
This is one of the most basic betting options in the sports betting game. It involves a simple wager that the home team should win the match or the event. If the home team manages to win the event, this bet will make you a winner.
Away Team To Win
Pretty self-explanatory, this bet involves the away team to win the match as opposed to the home team. For this bet to be considered won, the away team needs to win the event or match.
Handicap Betting
As we move to new types of betting options they will get a little more complicated, but don’t worry, we have you covered. Handicap betting is also known as spread betting. This involves giving one player or one team, an advantage or disadvantage to make the playing field a little more even.
You will assign a positive or negative point spread to both teams, and you will then wager whether the team can win with more points than the assigned bet. You can also bet whether the team can lose by more than the points you’ve assigned the team.
Over/Under Betting
You will find this referred to as total betting sometimes. This bet involves you predicting if the total combined score of the game, or specific events in the game will be lower or higher when compared to the pre-determined number in the bet.
We can take basketball as an example. Before the game, we could bet that both teams will, or will not score more than 200 points in the game in total. If we are betting that they will score more points, and they do score more than 200, then the bet is won. We can also bet that both teams will score less than that.
First Goal Scorer/Player Prop Nets
This is an interesting bet as it involves betting whether a certain player will fulfill an event for the duration of the game. If we take football as an example, we can bet that a certain player will be the first one to score a goal in the match.
A player prop can entail predicting the total number of goals, assists, or some other events performed by a specific player in the game.
Futures Betting
Futures betting is a type of bet that involves placing bets on events or outcomes that might unfold in the future. These bets usually involve an event that might happen over a longer period. This can be, for example, betting that our favourite team is going to win the World Cup.
Fixed Odds Betting
This is one of the more traditional betting options in the world and Australia. In this type of betting the bookmaker sets the odds for each outcome of a match, and bettors place a wager on the team they believe will win the match. No matter the changes in the game, the odds will remain fixed throughout.
These are some of the most commonly found betting options in Australia. There are more, but you will learn about them as you progress on your betting journey if you are new to betting. Betting is easy to understand once you decide to dive deeper into its details, and it gets easier to understand.