The Different Types of Sports Betting
Wikipedia describes sports betting as “the activity of predicting sports results and placing a wager on the outcome.” While that does accurately describe what sports betting is all about, the term sports betting is actually quite vague. It covers a multitude of different (but related) activities, and it can be applied to any type of wager associated with sporting events. Fixed odds betting may be the most popular way to bet on sports, but it’s certainly not the only way.
Some types of sports betting are relatively new. The internet hasn’t only changed the way that most of us place our wagers, it’s also opened up new possibilities for alternative types of wagering. Other types have been around for a lot longer, and some have even been around longer than the internet itself.
In this section of our sports betting guide we’ve provided information on several popular types of sports betting. We start with a brief explanation of fixed odds betting: the traditional way to bet on sports. Then we move on to in play betting, also known as live betting, which has become a standard form of wagering at most online betting sites. After that we move on to exchange betting: a new form of placing wagers that doesn’t even involve a bookmaker.
Spread betting is next; although this has been around for a while, it’s not as well known as the other types. Then we discuss daily fantasy sports. Although this is technically not a form of wagering at all, it does involve risking money for the chance of winning money. And it’s sports based, so it fits here in our opinion. After that we move on to pari-mutuel betting, which has been around for well over a century. We finish with e-sports betting: a very recent development in sports gambling that is just starting to take off.
Already know what type of sports betting you’re interested in? Then use any of the buttons below to jump ahead to the relevant section.
- Fixed Odds Betting
- In play/Live Betting
- Exchange Betting
- Spead Betting
- Daily Fantasy Sports
- Betting Pools & Sweepstakes