In order to understand how to place a bet on the Bet365 website, users need to familiarize themselves not only with the sports that are presented on the website but with the bet types and various odds options that the bookmaker offers.
Understanding the Odds
Considering all the factors for a winning bet, it is impossible not to mention the most important detail – odds. Odds show you the possible winning amount. There are 3 types of odds available to you on the Bet365 website. Among them are
- American – It is the most common form of odds in the USA. It shows bettors how much they would win if their wager won and can either be given as a negative or positive number. A negative odds value means the team is favored to win, while a positive odds value indicates an underdog.
- Decimal – This type of betting helps punters determine their winnings by multiplying the bet size with the given odds. Decimals are usually larger than 1, like 2.00; they can also be represented as a fractional number plus one. In other words, decimal numbers hold an equal value to its corresponding fractional figure added one unit.
- Fractional – This odds format is most popular in the UK and Ireland. It expresses odds as a fraction of total returns in comparison to stake. For example, odds of 4/1 would mean that for every $1 staked, the bettor stands to win $4 profit (including their initial stake). Fractional odds are also known as traditional odds.
These are the most prominent Bet365 odds formats. Now, let’s see what bet types Bet365 has on offer.
Understanding Bet Types
Bet365 offers a wide range of betting options, with the most popular being single bets, accumulator bets, banker bets, and top finishers bets. No matter your preference when it comes to wagering on sporting events or other types of contests – Bet365 has something for everyone!
One of the simplest types of bets is a single bet. This is the bet in which the punter wagers on one outcome of an event. That is, the user makes a bet on a certain team, if it is football or another team sport, and if the bet wins, then the user is paid a prize.
An accumulator bet involves adding multiple options to your bet slip for a single bet. One of the advantages of this type of bet is that odds and, therefore, winnings increase, provided that each selection in your bet slip is winning.
The essence of a banker bet is that the user chooses a part of his bet as a banker, which should win as opposed to the remaining bet. Punters use this bet less often, but it still remains popular.
Top Finishers bet involves betting on teams or individual athletes. In most cases, these bets are popular within the leagues or championships of the most popular sports, for example, soccer.
How to Place an Accumulator Bet on Bet365?
To place an accumulator bet, you need to go to the Bet365 Sports page and select a sport. Then select a single event or a match of a certain league or championship. You can make accumulator bets with any type available on the site. Among them are draw no bet, Half time, full time, and double chance.
After you have chosen events and markets, an array of available bet types will be visible to you. To create an accumulator, the user has to position two or more bets on the outcome. To place this kind of wager, add it to your Bet Slip and confirm it.
How to Bet With Cash Out?
One of the ways to place a bet is one with cash out. Bet365 Cash-out is an opportunity to withdraw winnings before the end of the event. This function will protect you from possible loss. You need to place a bet as you did before, and you will be able to get your winnings ahead of time if you are not sure.
Select the Sports You Want to Bet On
To get acquainted with the list of sports, you need to go to the Sports. Bet365 page offers an extended sportsbook to its punters. By opening the full list, popular and non-popular sports will be available. Among the most famous it should be noted Football, Basketball, Volleyball, Tennis, Ice Hockey, etc. Among the least known should be Squash, Surfing, Floorball, etc. You can wager on both in live and pre-match mode.