Now imagine that you have bet money on fewer than three goals but already have three goals scored in the first ten minutes of the match. The chance that more goals will be scored is then considerable. For that reason, the live betting option is offered. This option allows you to adjust your bet during matches and place new bets immediately.

Another useful option is the ‘cashout’ option. This option allows you to end a bet before the match has ended. For example, if you see that Ajax is winning, and you have a bet on it, but you still fear that Feyenoord will score, it is possible to cancel the bet at that moment and take your winnings. You run the risk of missing better odds here, but the advantage is that you keep control over your bet.

Casinos and Sports Betting

Most people are familiar with the Toto, which currently offers sports betting. At Toto, you can make predictions on sports competitions and sports events. Betting at the Toto can be done via an app, via the website, or via one of the points of sale.

Nowadays you can also go to most online gambling providers. These often offer better odds than the Toto plus you receive nice bonus offers and a welcome bonus on your first deposit.

Different types of bets

The most common sports bet is to predict the outcome of a match. And not the exact score, but who will be the winner or whether it will be a draw. Every match has certain odds or in English also called ‘odds’. An example of betting on sports: if you bet that Ajax will beat Feyenoord and this has an odds of 2.0, you will get two euros back for every euro wagered. These odds indicate how great the bookmaker considers the chance that Ajax will win. The sum to calculate this probability is (1/quote) * 100 = probability. In this case, the bookmaker estimates the chance at 50% that Ajax will win the match. Every match has different odds as it is also possible to bet on a draw or a win for Feyenoord.

It is also possible in sports betting to bet on a number of goals. These are called ‘Over/Under’. Here you have the option to bet on, for example, more than three goals, this is called ‘over’, or the option to bet on fewer than three goals, which we call ‘under’. In other words: it is about predicting whether more or less a certain number of goals will be scored. These types of bets also feature odds that are determined by the bookmaker.

live betting

Suppose you have bet money on fewer than three goals but already have three goals scored in the first ten minutes of the match. The chance that more goals will be scored is then considerable. For that reason, the live betting option is offered. This option allows you to adjust your bet during matches and place new bets immediately.

Another useful option when betting on sports is the ‘cashout’ option. This option allows you to end a bet before the match has ended. For example, if you see that Ajax is winning, and you have a bet on it, but you still fear that Feyenoord will score, it is possible to cancel the bet at that moment and take your winnings. You run the risk of missing better odds here, but the advantage is that you keep control over your sports betting.

Betting on virtual sports

Most people are familiar with the Toto, which currently offers sports betting. At Toto you can make predictions on sports competitions and sports events. Betting at the Toto can be done via an app, via the website, or via one of the points of sale.

Nowadays you can also go to most online gambling providers. These often offer better odds than the Toto plus you receive nice bonus offers and a welcome bonus on your first deposit.

Betting on non-sports events

In addition to betting on sports, you can often bet on other things. Popular events to bet on are for example the Eurovision Song Contest and political elections such as a presidential election. As with sports betting, when placing bets on these events, it is important to be well informed to maximize the chances of winning. By having good knowledge and analyzing the situation well, placing bets sometimes resembles stock trading more than a game of chance. Many ‘amateurs’ will bet with their guts and their hearts, hoping that their favorite wins. But the real-driven bettor only places bets on well-balanced odds.

Bet on TV Shows
Many bets involve predicting the winner, including betting on TV shows such as betting on the Song Festival. But many bets are also made, especially around talent shows. Think, for example, of Britain’s Got Talent, or The Voice. It is possible to bet on the winner, but also on the gender of the remaining finalists, the age of the champion (for example above or below 23), or the winning coach. There is a favorable quotation for correctly estimating the winner, especially if this is successful at an early stage. There is also a lot of betting on other television programs, such as the Emmy Awards or the Oscars. You can then bet on the winners of the individual categories or the length of the longest speech. It is also regularly used in soap operas. Players can bet on the course of the story, or when an actor will leave the series (before or after a certain date). This is not entirely without risk: there are individuals,

Bet on politics

There are also opportunities in politics. It is not only about elections, but also about political themes. For example, many Americans wonder if their president will be re-elected in 2020. Depending on recent developments in international politics, both favorable and less favorable quotations can be seen there. Another question is who will run for Democrats in the 2020 elections. Furthermore, bets can be placed on the winning side, the result in the different states, or even the content of the acceptance speech. These examples relate to America, but elections in European countries are also under scrutiny. Recently it was possible to bet on the Italian, French, and English elections. There is also regular betting on regional events. For years, gamblers have been betting on the winner of the London mayoral election.

betting on economy

Betting on the global economy can be a risky business. Prices are changing day by day and new developments in the market are a constant threat. However, this form of betting is also becoming more common. Here you can read about the difference between betting as a game of chance and professional speculation. A recent example is the value of Bitcoin. Players speculate about the value of the coin and whether it will increase in value in the coming period. Will Bitcoin reach a value above 20,000 euros before November, or will it remain below that? This is a high-risk bet as you can lose in two ways. If you have confidence in the currency, there is a good chance that you will purchase a number of Bitcoins yourself and bet on a price increase. If the coin does fall in value, you lose the bet and your investment also goes up in smoke. Furthermore, bets are offered on the annual figures of companies or the amount of profit they have made. There is also much speculation about the success of new products, such as smartphones or MacBooks.