At Spin Sports, we offer several different types of bets to our mobile clients. You’ll find options for Fixed Odds, Pool, Parlay, Future, Totals, Propositions, Moneyline, Point Spread, Pre-Game and Live wagers. Take a little time to read through what each of these terms means, before exploring the rest of our tablet- and smartphone-based sportsbook.
Fixed Odds and Pool Bets
As the name suggests, with Fixed Odds you know the exact odds that you will be paid out at, at the time that you place your stake. The odds themselves may change, but your return will not be affected. This is the most common type of sports betting, but you will often see Pool wagers on Horse Racing events. In this case, the odds that you are paid out at change as more bettors join the pool, and you only know what your return will be once betting is closed. All stakes are put into a common pool, which is divided among the winners.
Parlays, when more than one wager is on the same ticket, are seen in many other sports but once again are most common in Horse Racing. You are only paid out if every prediction comes true, so the odds are much greater. However, since all of your potential returns are multiplied together, the rewards are also much larger.
Future sports betting involves putting money on an event that is quite a long while in the future. For example, you might place a wager at the beginning of the Football season, on who will win the FA Cup. Since you don’t have as much information to help you make your decision as you will later in the season, the odds for Futures tend to be more favourable for you.