From chancellor to stock market price: In our previous guide section, we showed you how to place sports bets. Now, of course, we are particularly interested in what you can bet on. Bookmakers have long been offering more than just tips on sports. From betting on the next German Chancellor to predicting the winner of the Eurovision Song Contest to tips on whether the dollar exchange rate will rise or fall. One of the most trusted pages to place a bet is 20Bet.
WHAT TYPES ARE THERE?
The bookmakers listed on Wettmaxx.com clearly focus on sports betting, although a few, such as RaceBets, also allow bets on horse racing. Horse betting is not a classic sports bet. In the sports segment, real-time betting also plays a major role – in other words, live betting.
Those who are not so keen on sports or don’t like variety can devote themselves to political and entertainment betting. Those who like a more economic approach but shy away from trading with digital options should take a closer look at financial betting.
WHAT ARE THE DIFFERENCES
Betting markets for sports betting
While the 1X2 bet is a standard feature of every popular bookmaker, the range varies in terms of depth of detail. The classic bet types such as over/under, BTTS, handicap or result bets are available at most, but not every provider has “exotic” forms such as the Asian Handicap or Lucky63 up their sleeve. However, broad-based bookmakers such as Unibet do.
Live betting
Whether betting on the next goal or predicting the winner during the game – with live betting you can react and place your tips depending on the course of the game. Extensive live tickers, which more and more bookies are offering, are of course an advantage.
However, it is even better to watch the matches live, which is not so easy due to the lack of legal broadcasters. However, there are also bookmakers who provide images free of charge. At bet365, for example, you can watch many different sports live.
Horse betting
Horse racing plays a major role in the question “Since when has sports betting existed”, as it is practically the forerunner of today’s betting. However, these events no longer generate as much turnover as they used to. Nevertheless, there are specialized online providers who offer a large number of horse bets.
Entertainment bets
“Will Philipp Lahm become German Chancellor before 2030?” This bet is no joke, but was offered at mybet. In view of the fact that Lahm is a footballer and has no real chance of winning the office, it is more of a show bet. Entertainment bets are also available on the winners of GNTM, DSDS, Dschungelcamp or Eurovision Song Contest.
Political betting
Especially shortly before elections, betting odds on the candidates involved reach the general public. In most cases, the odds are announced months if not years in advance, although the selection of political bets is limited. As a rule, bets can only be placed on heads of state or government or certain ministerial posts. However, bets on whether the member of the Bundestag from the home town will return to parliament are not available.
Financial bets
In terms of mechanics, the financial bets work in a similar way to over/under, as you either bet that a price will rise above a certain target value or remain below it. You can bet on the development of currencies, shares or stock market indices. However, if you don’t want to operate the whole thing as a pure lottery, you should take a closer look at the topic.