Sport betting is a globally popular gambling option for both expert gambling enthusiasts and beginners. In India, it has become more popular after the start of IPL. Many of the players ask about the legal complications of IPL betting. Hence, it is completely legal in India, and you can earn seamless profit by online IPL betting.
What is Sport Betting?
Simply put, sports betting refers to betting on the result of a sports event. The most common benefit of sports betting is earning extra profit. In sports betting, two or more wagers bet on a single result, and the winner gets the betting amount.
Hence, if you are searching for the best online IPL betting or sports betting platform, then you can come to Key11. We are one of the most popular and authorized gambling platforms in India, with lots of beneficial features. With us, you can get the best experience in sports betting and earn a substantial amount of money without any potential threat or fund loss.
A Guide on the Working of Odds
If you are a beginner in sport betting, you may not have a clear idea of the odds. Hence, odds are basically the indicative figures for the outcome of a sporting event.
The odds are subjects of change. You can get an odds difference after placing a bet; however, it won’t affect your profit. When you bet on such outcomes, you back them. Similarly, when you bet against any outcome, you opt for a lay bet.
Sports Bet Types
Sports betting can be extremely helpful for you if you invest a little time in understanding the different types of it. Here is a comprehensive discussion of them:
- Straight Bets
A straight bet is the simplest form of betting, which is also known as a “single bet”, where wagering is placed on a single game.
- Spread Bets
The profit on this bet depends on the sportsbook as this is related to the victory margin. Here, wagers can either take a spread or give a spread.
- Parlay Bets
This refers to the combination of multiple straight bets, which is quite profitable as they ensure a bigger chance of winning. In addition, you will have a lesser chance of losing money. In a parlay bet, odds are attached to each bet, determining your winning amount. There are mainly two types of parlay, same-game and multi-game.
- Totals Bets
Total bets are based on the final result of a game instead of the single winner in each game. Thus, bettors predict the matching of the combined points of the two teams with the number on the sportsbook in total sports.
- Futures Bets
As the name suggests, this bet is placed on future games instead of the current or live-streaming ones. This is very interesting and can offer greater odds and better profits. However, the odds in future bets are constantly changing, so you must opt for great value while choosing future bets.
- Prop Bets
Prop bets are for betting on the performance of separate athletes. Here, the focus is not in the team winning or game-winning. Some common types of prop bets are as follows:
- Novelty prop
- Player prop
- Game prop
Hence, if you want to get the best assistance in all sorts of sports betting, you can undoubtedly come to Key11. On this platform, you will have comprehensive aid and the best odds, so you can bet on them and earn a significant amount with relatively less effort.
The Best Online IPL Betting
While talking about online cricket betting in India, IPL comes first in our minds. These T20 matches are perfect for placing a wide variety of sports betting types. On our platform, you can bet on a per-ball basis on the run rate. Some other betting options available are:
- Match Handicap
- Total ducks
- Match winner
- Top batsman
- Total maidens
- Man of the match
- Total wickets
Stick to our platform to get every update on IPL sports betting and also play it with several benefits.
How can One Earn Through Sports Betting?
The odds determine the sports betting payments. Here you will see the amount combinedly with your profit. For example, if you have placed a bet of ₹ 10 to earn an odd of ₹ 50, the total amount you will make after winning is ₹ 60.
Key11, as a famous sports betting site, offers additional bonuses on the payouts. You can sign up for our site, explore our different offerings, and start your sports betting career with a maximum profit guarantee.
Why Choose Key11 for Sport Betting?
The reasons behind our well-acknowledged success are:
- Diligent service
- 100% data security
- Multiple deals and offers
- Complete customer satisfaction with comprehensive assistance
- 24X7 service for the players
- Helpful guidance for the beginners
If you find the whole discussion convincing, log in to our portal and create your betting account. Let’s explore the world of opportunities with our expert sport betting services.