{"id":2210,"date":"2020-08-03T14:02:52","date_gmt":"2020-08-03T14:02:52","guid":{"rendered":"https:\/\/toponlinecasino.com.ph\/?p=2210"},"modified":"2024-12-26T16:22:22","modified_gmt":"2024-12-26T16:22:22","slug":"sportsbook","status":"publish","type":"post","link":"https:\/\/toponlinecasino.com.ph\/sportsbook\/","title":{"rendered":"Sports Betting in the Philippines"},"content":{"rendered":"\n

A number of online sports betting sites is rising every day, some of the most popular online casinos<\/a> also offer sports betting features. Succeeding in sports betting is a process and it begins with speaking the language. It doesn\u2019t matter how well you are versed in the particular sport if you want to succeed in betting, you need to know all the terms used in the niche, inside-out.  <\/p>\n\n\n\n

For instance, you need to know the types of sports bets that you can place; what odds mean and the different types of odds; some of the popular sports that you can bet on, etc, etc. Think of it as brushing up on a few French phrases and words before traveling to France. You need enough knowledge to navigate the landscape from the word go. <\/p>\n\n\n\n

If you have been having a problem accomplishing this, this introductory guide will bring you up to speed. And it isn\u2019t just for the new sports bettors; experienced Philippines bettors looking for legal and licensed sports betting sites can get very useful information here too! <\/p>\n\n\n\n

Top Casinos for Sports Betting in 2025:<\/h3>\n\n\n\n\n \n
Rank<\/th>\n Casino<\/th>\n\t\t Bonus<\/th> Rating<\/th> Visit<\/th>\n <\/tr>\n\n\n\n
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What is Sports Betting? <\/h2>\n\n\n\n

First things first, what is sports betting<\/a>? It is a form of gambling that involves placing a bet (also known as a wager) on the result of a sporting event. While betting, is to win some extra cash from the original bet placed or at least have some fun from it if you don\u2019t win cash. With the exemption of \u2018draw no bet\u2019, \u2018spread betting\u2019, and a few others, each wager usually has two likely outcomes. You either win or lose! <\/p>\n\n\n\n

\"sports<\/figure>\n\n\n\n

Popular Types of Sports Betting <\/h2>\n\n\n\n

Gambling in general or in most cases involves betting on sporting events such as football, rugby, tennis, cricket, and other sports. But in other cases, it could involve betting on entertainment and other trends in the world. For example, you could bet on the winner of an election, or singing\/dancing event. You could also bet on finance, such as how a certain share will trade after one minute. <\/p>\n\n\n\n

In our case, we are going to focus on sports betting and in order to understand how to bet on these events, you need to understand the different types of sports betting. <\/p>\n\n\n\n

Live Betting <\/h4>\n\n\n\n

It is one of the most common forms of betting and usually involves betting on live events i.e., placing a bet as the game(s) play. It is very common with sports bettors in not only the Philippines but all over the world because it offers one better odds. These odds tend to change depending on how events unfold in the sport that you are betting on. <\/p>\n\n\n\n

Pre-match Betting<\/h4>\n\n\n\n

Pre-match betting is the opposite of live betting. For this, it involves betting on an event before it kicks off. Popular with bettors who are anxious and don\u2019t wish to stay seated at the edge of their seats as they follow the events unfold in real-time.  <\/p>\n\n\n\n

Exchange Betting <\/h4>\n\n\n\n

In exchange betting, you are simply betting against other bettors and not the sportsbook. What happens is that the sportsbook (usually referred to as the betting exchange) offers you the platform to place your bet. Once you\u2019ve placed your bet \u2013 say you are supporting Arsenal to win against Watford (backing) \u2013 another player will come and bet and say Watford will win the match (Lay your bet). Whoever wins gets his\/her cash, minus the betting exchange\u2019s fee. It\u2019s an interesting way of betting but you need to fully understand the concept if you wish to make some money out of it. <\/p>\n\n\n\n

Matched Betting<\/h4>\n\n\n\n

This is yet another common form of betting that you need to explore. It simply involves placing risk-free bets in return for small wins! Did you read RISK-FREE? Absolutely! <\/p>\n\n\n\n

What usually happens with this is that you\u2019ll be exploiting the incentives offered by the bookmaker. Using this cash, you can place multiple bets on the same sporting event such that regardless of the outcome, you end up with a profit, albeit with small margins. <\/p>\n\n\n

\n\t\t \"WinZir\n\n\t<\/a> <\/span><\/span>Welcome Bonus \u20b11,000<\/span><\/span>CLAIM BONUS<\/a><\/div>\n\n \n
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Sports Betting Odds<\/h2>\n\n\n\n

 Even with all the knowledge of the types of sports that you can bet, it\u2019s all useless if you don\u2019t have a proper understanding of odds. Sports betting odds are an integral part of any bet that you place online, and only odds can dictate whether a bet is worth placing or not. How much you win is dependent on the odds and the amount you stake. Furthermore, odds are usually used by some players to determine the likelihood of any given outcome occurring. <\/p>\n\n\n\n

When wagering online, these are some of the most common types of odds that you will come across. <\/p>\n\n\n\n

Decimal Odds<\/h4>\n\n\n\n

They are usually expressed in decimal format(s). For instance, Arsenal (2.0) Draw (3.5) Watford (5.0) When you place your bet, the amount you wager is usually multiplied by the stake to give you the expected return (inclusive of the original stake). So for instance, a stake of $10 on Arsenal will give you a return of $20. <\/p>\n\n\n\n

Fractional Odds<\/h4>\n\n\n\n

They are expressed in fractional format(s). The decimal odds above in fraction format would be; Arsenal (1\/1) Draw (11\/4) Watford (4\/1). These types of odds are very common in the UK and are usually interpreted as follows. For every $1 you stake for Arsenal to win, you get an extra $1. For every $4 you stake for a draw, you get $11 in return. For every $1 you stake on Watford, you get $4 in return. <\/p>\n\n\n\n

In other words, the number on the left indicates the potential return, while the number on the right is the stake that you will make. <\/p>\n\n\n\n

American Odds<\/h4>\n\n\n\n

They are also referred to as money line bets and as the name suggests are very popular with American bettors. To get a better understanding of this, you need to know that the bets usually consider the \u2018favorites\u2019 and \u2018underdogs\u2019 and they always use a baseline value of $100. So when you are betting for the favorites, you are risking your cash to win $100, and with the underdogs, you are risking $100 to win the intended cash. <\/p>\n\n\n\n

For instance, odds indicated as +400 (Watford are your underdogs this case), mean that you are risking only $100 to win $400. So you either win $400 or lose $100. If you are betting for Arsenal, you must risk $100 to win $100. <\/p>\n\n\n\n

Popular Sports to Bet On<\/h2>\n\n\n\n

Having looked at all the basics, which are some of the popular sporting events that you can bet on? In the Philippines, bettors seem to prefer the following sporting events: <\/p>\n\n\n\n