Pretty much everyone has heard of sports betting, but what people are unaware of is how many different types of sports gambling there is. This article will explain the different types of sports betting and why you should hire a gaming consultant in Malta.
Different Types of Sports Betting
There are just some of the many different types of sports betting, these include;
Fixed Odds Sports Betting
Fixed odds sports betting is one of the most popular types of gambling, this is due to tradition more than anything. It’s the form of gambling that most people are familiar with. Fixed odds does not mean that the odds are predetermined, it simply means that the odds are agreed upon, by both parties when the bet is being placed. Fixed odds sports betting doesn’t even need to be technical, you can simply bet on who you think is going to win rather than by how much.
These bets, however, must be placed at the start of the event.
In Play/Live Betting
In play/live betting is pretty much the same as fixed odds sports betting, the main difference being that rather than having to place your bets at the start of the event, you can do it at any time right up until the event is over.
Thanks to the internet, this form of betting is becoming more and more popular. This type of betting is only a few years old but is becoming increasingly popular.
Exchange betting is also fairly new to the scene. Again, this form of betting is pretty much the same as fixed odds betting, the main difference is that there is no bookmaker involved. Instead, the bets take place between bettors. This is essentially two people making opposite bets against each other.
Spread betting, not to be confused with point spread betting, is not a very popular form of betting. In this type of betting, odds are irrelevant and your stake is not fixed. Instead, you are essentially betting on if the outcome is going to be higher or lower than what the bookmaker has set.
E-Sports betting is one of the newest forms of betting that there is today. It doesn’t focus on sports in a traditional sense but instead focuses entirely on electronic sports of professional video gaming. Due to the rise in technology and video games, this has become a lot more popular in recent years. Competitions have been organised for many years, with professional games sometimes being held at venues and played in front of a live audience.
Looking to Hire a Gaming Consultant in Malta?
If you are interested in sports betting but aren’t sure where to start, then hiring a gambling consultant could be right for you. Hiring a gaming consultant in Malta could be extremely beneficial. They can give you advice and recommendations on how to gamble, what to look for and when to put money down. They may also be able to place bets for you (depending on what type of consultant you opt for). Hiring a gaming consultant is one of the best ways to learn how to gamble like a pro and offers the least risk compared to going solo.