123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Sports >> View Article

An In-depth Analysis Of The Types Of Online Sports Betting

Profile Picture
By Author: RobbieRoyce
Total Articles: 60
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Online sports betting has broken the borders that existed between the bettors with smartphone applications. Online sports betting is not banned in most of the countries like traditional betting. Online sports betting is one of the most profitable industries in the market as it generated $4.58 billion in revenue from New Jersey in the US. The liberalization of online gambling in the state is the reason behind it. Now the sports fans can effortlessly bet on NFL, NBA, MLS, NHL, European, Asian, and South American football leagues, Cricket, MMA/UFC, and dozens of other sports by a few taps on their smartphones.

Online sports betting not only lets their users place their bets easily on their favorite but also offers them betting tips which can help them to place a bet more efficiently, it occasionally sends them sports betting articles, and it also has a guide in the application. The guide will help the user to understand the different kinds of bets, payment methods, and other techniques.

Online sports betting is not much different than traditional sports betting as it offers the same option to place a bet. However, these betting options can change depending on the provider so it is important to ask a sports betting software development company to include these.


The users can bet upto two sports matches.

Prop bets:

These bets can be outrageous as the chances of these odds are very less.


These are the multiple bets placed on the app as they increase the overall payout in the app.


These bets are placed on the tournaments that are placed in the upcoming days on the app. These bets are usually placed on the World Series, the Super Bowl, the UEFA Cup Championship, or the Winter Olympics.


They are also known as combination bets. This option lets a user place bets on more than two unique games at the same time.

As of now, more than 60% of US sports bettors prefer parlay types of bets as they can earn more revenue. On the other hand, only 50% of UK sports bettors prefer parlay type. The value of global sports betting is rising above the rooftop as the market share of the industry keeps growing every year and the number of providers are growing as more and more entrepreneurs are approaching sports betting app development companies to launch their own platform.

Total Views: 90Word Count: 392See All articles From Author

Add Comment

Sports Articles

1. Carbon Triathlon Bike
Author: john john wick

2. An Introduction To Hot Air Ballooning
Author: James Jessica

3. The Ideal Fly Rod For Small River
Author: Rogers Stevens

4. Duck Hunting Unlimited
Author: FarWide Inc.

5. Deep Sea Fishing And Sport Fishing - A One Of A Kind Experience In Dubai
Author: Mr Safnas

6. A Guide To Nba Player Prop Betting
Author: Bryson Kaleb

7. Is Horse Riding Healthy? Amazing Facts Exposed Inside!
Author: pfha

8. Health Advantages Of Horse Riding
Author: pfha

9. Why Horse Riding Is The Most Readily Valuable Therapy
Author: pfha

10. Can A Paintball Gun Shoot Marbles?
Author: best Paintball Guns

11. Brook Trout, Turkey Hunting, And The Next Generation
Author: FarWide

12. How To Play Fantasy Cricket At Mplay11
Author: Aishwarya Sekar

13. Elk Hunting – The Ultimate Big Game Hunting Guide
Author: FarWide

14. New York Regular Deer Season Witnesses Huge Surge In License Sales
Author: FarWide Inc.

15. About Latest Sports News
Author: filmy duniya

Login To Account
Login Email:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: