Betting on sporting events used to involve you heading down to your local bookmakers and deciding whether one team would beat another, one player could upset - in sporting terms - their rival or who would win a particular competition.
However, the industry has progressed to such an extent where there is seemingly no end to what you can bet on and the types of bets that you can place. Gone are the days where a complicated bet involves two or three selections and all of them have to win in order for you to get a return for your money. You could now potentially place a bet on three selections and make a profit from two winners.
Of course, the odds have to be in your favour for that to occur but that is the position that bookmakers have put themselves in. While all bookmakers will offer the same variety of bets, they will always be looking for that edge when it comes to attracting a new customer so if the world of sport betting is a new environment for you, always assess your options to see who is offering the best odds or a bonus which you could benefit from in the short and long term.
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Understandably though, the more options you are given, the more confused you are likely to be! When you start consider more than three selections, your stake will change to 'per line' rather than one stake covering the whole bet. For example, you could make four selections and be left having to choose between a 'Yankee' bet or a 'Super 15'. The main difference between the two is that you only have to have one winner to win some money back off a 'Super 15' bet, while you require at least two successful bets with a 'Yankee. If you get three or four winners from either type of bet, chances are you will be making a sizeable profit!
The difference between a 'Yankee' and a 'Super 15' is just one of a wide range of bets which you will need to know about if you want to appreciate the full range of sports betting and what better way to take a look at what may suit you most than by checking out this guide. With the draw for the last 16 having taken place on Monday, you can now start to consider your Champions League betting for after the turn of the year. The Premier League trio of Manchester City, Arsenal and Leicester City have all been placed in testing fixtures but it means that you will get value for your money. Backing each of the three English sides to qualify for the quarter-finals will get you odds of 23/2, while if you throw in defending champions Real Madrid to get the better of Napoli over the two legs, a four-way accumulator would provide you with odds of 14/1.