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Betting

Understanding Betting Odds Formats and Conversions

Betting odds are the foundation of sports betting. They indicate how much you can win on a bet and the probability of an outcome happening. If you're new to betting or switching between different formats, understanding how to read betting odds can make a big difference in making informed bets. This guide breaks down the most common odds formats, how they work, and how to convert between them. Essential Takeaways Betting odds represent both the likelihood of an event occurring and the potential payout. The three main formats of betting odds are fractional, decimal, and American. Converting odds formats helps bettors...

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Betting

What Does Parlay Mean in Betting?

Betting jargon can sometimes make things seem more complicated than they are. One term that often confuses new bettors is parlay. While it might sound like something out of a card game, a parlay bet is a straightforward yet strategic wager that can increase potential returns. This guide explains exactly what a parlay means in betting, how it works, and how it differs from other types of bets. We'll also look at the risks involved and common strategies to consider. Essential Takeaways A parlay bet combines multiple selections into one wager, and all must be correct to win. While parlays offer...

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Betting

Decoding Betting Jargon: Moneyline Bets – What They Are and How They Work

Betting terminology can feel like a different language at times. If you’ve ever scrolled through a bookmaker and seen the term moneyline bet, you might have wondered what it actually means. This guide explains what a moneyline bet is, how it works, and how it differs from other betting options. Essential Takeaways A moneyline bet is the simplest type of wager, where you bet on which team or player will win outright. Moneyline odds vary based on favourites and underdogs, with lower payouts for favourites and higher payouts for underdogs. This type of bet is ideal for beginners since it...

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Betting

Your Guide to Playing Deal or No Deal Online: Rules and Gameplay Explained

The legendary 2000 Dutch TV game show ‘Deal or No Deal’ is one of the all-time classics in the television entertainment genre. An exciting yet simple concept has attracted millions of viewers from around the world, who tuned in weekly to watch the player and the banker guess and negotiate for the best deal. Evolution Gaming has brought the Deal or No Deal experience online. Their version of the game show is available in 7bet UK’s live casino. However, in order to play this classic release with responsibility and have fun, you need to know the rules and mechanics...

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Betting

What is Spread Betting and How Does It Work?

Spread betting is a technique that is widely used in sports gambling. Compared to regular fixed odds betting, it may seem somewhat complicated and take some time to wrap your head around the ways it works. But once you get the hang of things, it can diversify the gaming process. In this guide we will take a close look at what spread betting is, how it works, and what you need to know before you start using it in sports betting. What is Spread Betting? In spread betting, instead of betting on a particular outcome of a sporting event (known as fixed...

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Betting

What Does Evens (EVS) Mean in Betting?

If you're new to betting, you might feel overwhelmed by all the odds and terminology you encounter. One of the most common terms you'll encounter is 'EVS' or 'Evens', and whilst it might seem confusing at first, it's actually one of the most straightforward betting concepts to understand. Let's break it down in simple terms. What Does EVS Stand for? EVS in betting stands for Evens (also known as Even money), and the way it works is quite simple. When you see odds listed as EVS, it means you'll win exactly the same amount as your stake if your bet is...

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Betting

How Old Is Bingo? Tracing the History of the Game

One of the most appealing aspects of bingo is its universal appeal, as players of all ages enjoy it. Whether it be the physical game played at retirement communities by older people or the online version played by youngsters, this game never goes out of style.  Little did its inventors know that it would travel far and wide from its birthplace, Italy, and even stand the test of time. But here we are, still playing it and still loving it. However, have you ever wondered, “How old is bingo?” Rest assured because that is what our guide is here for:...

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Betting

7bet Features: Why They Matter and How Bettors Can Take Advantage?

As an innovator in the world of sports booking, 7bet UK has implemented a handful of features designed to boost our users' experience. Bet Builder, Cash Out, Bore Draw – these are just some of the features available for every 7bet bettor. Let's take a look at these features and explain how they work. By having this information at your disposal, you can make more informed and responsible betting choices! Bet Builder – Build Your Own Bet and Get Your Own Odds Bet Builder is one of the most used features by 7bet players. In general, it allows users to place...

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Betting

What Does 1+ Mean In Betting and How It Works?

When you delve into the world of punters, you quickly realise just how many terms you need to get the hang of. It’s best to avoid jumping into the betting world without understanding these basic terms. If you are here, you must be wondering what “1+” means in betting. Our guide will ease your doubts and also cover the popularity of these bets and how you can actually place them. What Does 1+ Mean in Betting? In betting, "1+" means "at least one occurrence" of a specific event, such as a goal, point, or card, depending on the sport. It’s a...

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Betting

What is Handicap Betting? Beginner’s Guide

Ever wondered what a +1.5  or -1.25 bet offer means on a sportsbook? You’ll find odds marked as positive and negative in games like football, basketball, horseracing, or rugby. This is called “handicap”.  Handicap gives a particular team or player an advantage or disadvantage. This levels the playing field and creates a more balanced contest.  In this article, we’ll dive deep into this frequently asked question – “what does handicap mean in betting?” What Does Handicap Mean in Betting? Basically, the meaning of handicap betting is to give a headstart to the underdog (or a deficit to the favourites) even before a match...

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