Outcome bet

Outcome bet is one of the oldest and simplest types of bet in the field of sports betting at bookmakers https://footballbettingguide.co.ke/betting-sites. In this classic format, bets are placed on the winner of the respective sporting event - according to his name. The name comes from equestrian sport. Even today, the term is most commonly found in horse racing, while other names have become entrenched or more common in other sports and competitions.

What is a win bet?

In the case of a bet on the outcome - how could it be otherwise - the bet is placed on the winner of the sporting event in Betting in Kenya. No matter how many possible results are in this event or how many teams or participants are involved. A winning bet can always be placed if there is a clear winner, be it a team or an individual player, regardless of competition or race. A simple example: you want to place a bet on the winner of Sebastian Vettel's race at the Formula 1 Grand Prix in Monaco. The bookmaker sets the odds for this to 6.50. The profit is calculated quite simply: the bet is made with the coefficient multiplied. If you place a € 10 bet, you will be sure of € 65 if you win a tip. In general, we can say that winning bets are an extremely profitable type of bet. In no case should the large uncertainty factor be neglected.

Where are the outcome bets used?

Outcome betting can always be used if the sporting event only allows you to bet on one winner. Which, of course, is possible in almost all cases - be it the winner of a Formula 1 race, a dart duel or a Tour de France stage. The term outspoken betting is often not used in the field of sports betting - here you can see that the term is still firmly entrenched in racing. Therefore, in football, they rarely talk about a bet on a win, even if, of course, they often bet on the winner of the corresponding game. Much more often, in this context, they talk about betting on the result or trend, from "bet on a win" or "bet on a draw" according to the familiar 1X2 scheme (three-way bet). In this case, the principle of betting and the calculation of winnings work the same way. Of course, outcome bets are also used for long term bets. For example, you can bet on the winner of the Champions League or German Bundesliga from various betting providers before the season starts. Higher risk is rewarded with higher odds. If you place a bet on a World Championship winner before the tournament starts, bets at odds of 20.00 or even higher await you on extended favorites such as Italy or England.

The "opposite" of a winning bet is the bet placed

This term came - how could it be otherwise - also from the leaps. Traditionally, a place bet is a bet that any horse will take one of the first three or four places. Therefore, it is logical to place bets in other sports infrequently. Winning bets or individual bets are also more common in motorsport and you can hardly find classic bets in place. However, the principle of this form of betting can be applied to other sporting events as follows: Let: For example, the following bets can be placed in cup formats such as the Champions League or major competitions such as the European or World Championship: which teams advance to the semifinals or the final? Or: How far has a certain team advanced in the tournament? End of the group stage, end of the eighth, quarter or semi-final, or is it even possible to reach the final? The specific bets, which in the broadest sense might be called placement bets, will be on the top five teams at the German Bundesliga final table or on “Will Bayer Leverkusen make it to the top 6?