Online Sports Betting | Early, Live, Outright, and Parlay Betting
Online sports betting is a popular betting option frequented by many high rollers, sports enthusiasts, sports fans, and casual bettors. This betting option involves betting on actual sports or esports events or matches and giving bettors an option to bet on live matches or bet early and wait for the results. Jolibet is powered by multiple sportsbooks, allowing it to offer different odds for different sports.
Football or soccer is currently the most popular sport worldwide and most sportsbooks focus on this sport by offering more odds, betting markets, and more to sports bettors. Even with this, sports bettors will still have access to more odds and betting markets in other sports so basketball fans and esports gamers can still have options for sports betting.
The four main betting options, not counting the different betting markets, are early betting, live betting, outright betting, and parlay betting.
Early Betting
Early bets are the simplest form of sports betting as it involves placing bets on outcomes for future matches. Most sportsbooks only offer odds for matches that will occur within the week.
The number of betting markets available is significantly higher than what is available when placing live bets, making it a more popular option for bettors who want to leverage the easy-to-win markets that are typically absent when placing live bets.
Live Sports Betting
Live betting allows bettors to bet on ongoing matches and even be able to watch the match on a separate channel to get real-time information on how a match is to supplement the information they get from monitoring how the odds change.
The available markets are far more limited in live betting as certain outcomes covered by different betting markets become extremely evident or impossible to bet on as the outcomes already happened. The excitement factor of betting on live matches and being able to make informed decisions makes up for the low number of betting markets.
Outright Betting
Outright betting is a risky betting option where bettors will typically bet on the outcome of a particular event or sports league. The different outcomes to bet on are the standard league winner, teams to be relegated, teams to finish bottom, top goalscorer, best player of the tournament, and more.
Outright betting is a risky sports betting option mainly when bettors aim to leverage the high potential payout of certain bets and outcomes. These are available when betting early during the league and betting late will remove plenty of different betting options and lower the odds of the remaining bets as the outcome becomes more apparent.
Parlay Betting
Parlay betting is another risky way of betting on sports since the bettor will bet on multiple outcomes typically across multiple events or on the same match, depending on the sportsbook. This allows bettors place a single bet across multiple outcomes and leveraging the low odds of multiple bets from easy-to-win markets to increase the final potential payout.
The risky part is that a single loss typically forfeits the entire parlay. Shorter-legged parlays are easier to win in but are still fairly risky but the big wins are on long-legged parlays with nearly 20 outcomes on the line and an extremely high payout. Several sports bettors already won a few million or hundreds of thousands of dollars from petty change after getting lucky with long-legged parlays.
Conclusion
Sports betting is a popular betting option among many different bettors. Both sports enthusiast and casual bettor can enjoy placing bets, whether early or live bets, and win some real money. Sports fans can show their support on their teams and favorite athletes by betting on them while more serious bettors can research and bet on the most optimal matches and guess the most likely outcomes.
Bet on sports matches at Jolibet today and enjoy the Sports deposit bonus offered by the platform.