When betting on your mobile the first step is knowing what your wagering options are, and what each bet type means. At Spin Sports we’ve got a wide range of different wagering options for each and every market:
The most popular type of bet is a Fixed Odds bet, and as the name suggests, the odds are fixed at the time of placing, and you know exactly what you’ll get out if you are a winner.
If you’re looking for bets with the best odds, Futures are a good choice. Different bet types offer varying odds, and Futures often offer a lot of value. This is due to the event wagered on being many weeks – or on some cases months – away. These are standard Fixed Odds bets and they can be placed on anything from the winner of the Super Bowl or the player that will emerge triumphant at Wimbledon. They are placed well in advance of an event, hence their name, and their odds will shift depending on how likely the chance of them being correct is. The further in advance you bet, the better the odds will be, and once your wager has been placed, its fixed, and fluctuations won’t matter.
Pool, or Pari Mutuel betting is also rather popular at our sportsbook and it’s a huge hit with horse racing fans. Unlike Fixed Odds bets where you know exactly how much you’ll be paid out if you win, Pool bet payouts are only known when the event closes, and no more wagers are accepted. This is because bets are all collected and pooled, and after a processing fee has been charged the remaining funds are split with the winners. This means you have no idea how much you’ll win until the completion, and makes mobile sports betting even more exciting.