Recently, sports betting Singapore came to the limelight from the shadows. The anti-gambling stigma existed for decades, and now, it has started fading away slowly and steadily, opening the door for a massive multibillion-dollar legal sports betting industry to emerge.
With live sports betting Singapore made legal in many countries, millions of sports fans are looking to enter the betting market for the first time. However, you cannot enter the market if you are not acquainted with the terminologies.
Here are some tips that you can adopt to bet on sports.
Favorites vs. underdogs
When oddsmakers release a betting line on a game, they first decide the team they want to support. The team they support is the favorite team, and the opposition is the underdog team. They expect the favored team to win the game and give a minus sign to the odds, while the underdog team loses and gives a plus to the favorites. However, if the game is a toss-up, books open the tournament as “pick’ or “pick’em.”
Spreads
Online betting Singapore allows you to bet in two ways- either on favorites or on underdog. The first is the point spread that is a bet on the margin of victory. For instance, the Jets are 5-points favorites against the Patriots. The latter gets the listing at -7. You can avail of the spreads for every sport; however, you can use them while betting on higher-scoring sports such as football and basketball.
Over/under (totals)
Besides setting a line for the favorites and the underdogs, oddsmakers set forth a total number of points scored in a tournament, a combination of the scores obtained by both teams. As a gamer, you can place a wager and determine if the game will go over or under the totals.