Sports Betting Basics

sports betting

Whether you are new to sports betting or you are a seasoned bettor, it is important to understand the basics of sports betting to ensure you get the most out of your wagers. Sports betting can be a lot of fun, but it is important to find a reputable online sportsbook with good customer support and fast payouts. It is also important to understand the house rules so that you know the limits of your wagers and know what to expect when placing a bet.

Most sports betting markets are settled on the final score at the end of the game. In some sports, the result is determined based on a total of points scored by each team. In some other sports, a score is determined based on a goal difference of 5 or more. The goal difference is calculated by dividing the number of goals scored by the number of points scored. It is important to note that penalties do not count toward a team’s final score. If a penalty is awarded at the end of the match, the penalty will be calculated based on the period that preceded the penalty. If the match is abandoned before the penalty is awarded, pending bets will be refunded.

Some sports betting markets are based on an aggregate sum of goals and points. If the sum of goals is fewer than the sum of points, the bet will be void. However, if the sum of goals is greater than the sum of points, the bet is settled. If a team has more points than goals, the bet will be settled on the final score.

The following special betting rules apply to the use of the Operator’s interactive sports betting products. If the Official Governing Body amends the conditions of an event, such amendments will not affect the outcome of the bet.

A non-starter is a participant who does not participate in the match. Non-starters include players, teams and individual competitors. The name of the participant may be included in the final squad if the participant withdraws. All bets placed on non-starters will be refunded, if a player withdraws.

Period Betting is only available on games which have a specific start and end time. A bet must be placed prior to the start of the specified period. The full time and half time bets are for games with a regular time of 60 or 70 minutes of play. During overtime, bets are not settled. This type of betting is only available on matches which are considered “live” by the Operator. However, the Operator reserves the right to suspend or discontinue markets. All bets placed on markets which have been suspended or discontinued will be refunded. The Operator’s official statistics will be used to settle the bets. If the Operator changes the results of an event, such changes will not affect the outcome of the bet.

The following special betting rules apply to Head to Head bets. Head to Head bets must involve paired competitors. For example, if you bet on a race to have an odd or even finish, you must bet on each pair. If a race has more than one pair, then the bet is settled according to the final standing position of each pair.