The amount of betting markets and the value provided within them are the backbone of any online betting company and the industry as a whole. These markets can vary from sports, specials, novelties, politics and more. We take a look at a few of them here.
Online Sports Betting
The most popular markets to bet on involve sport. You can now bet on an astounding amount of sports whether it be the common markets of football, tennis and horse racing or the more niche sports such as squash, volleyball and bandy. It is not only the amount of sports on offer that is impressive. The amount of markets within the mainstream sports is huge. Whilst there are not as many in the less popular sports the options available are still in impressive.
It had previously been the case that it was in the obscure sports that you could find the best value. Bookmakers were pricing things up with limited knowledge of the sport. As a result many believed them to be making glaring errors. Whilst these still occur they are less rare. Generally speaking the odds compilers are providing a book that is a fair reflection of the event in question,.
There is a now a huge amount of data available to bettors when looking to bet on sports. This data is often provided by bookmakers to help you shape your bet and can be hugely handy when betting on sport. It is worth remembering that the bookmaker will have considered these stats when compiling the odds.
Betting On Specials & Politics
Whilst bookmakers have historically dedicated their whole service to sport, this is no longer the case. In recent years betting on talent competitions and reality television as well as a variety of political events has proved popular. The range of markets available differs greatly between bookmakers with some having extremely extensive political sections.
All political markets are obviously priced up regarding opinion polls. It is worth noting however that these are regularly wrong. Donald Trump was a big underdog the day of the last presidential election but then went on to win with something to spare.
Talent shows and reality television markets are even less predictable, as is the case with anything reliant on a public vote. Due to this many of the options are priced up attractively.
Different Approaches From Online The Bookmaker
Bookmakers seem to disagree with regards to how to run a sportsbook. In some instance bookmakers look to entice regular and relatively heavy gamblers by offering slightly more attractive odds on the favourites of events. Conversely some bookmakers look to attract the speculators. Those gamblers that may bet frequently on large odds hoping for that big win. In this instance they boost the price of the outsider to attract that form of customer. If you tend to mix it up between these two gameplans the solution is simple. Open betting accounts with a variety of bookmakers and place your bet with whoever is offering the best price.