The Fundamentals of Bet Builder in Sports
For several years now, sports betting has been a very popular activity amongst bettors and its popularity is expected to rise in the following years. Most bettors that are interested in this kind of activity are also following matches of their favourite sports.
Many bettors that wager online are claiming the Betfair promo in order to place a sports bet. The most popular way for placing a sports bet is by using a bet builder. In this article, we will reveal the fundamentals of the bet builder feature in sports betting.
What is a Bet Builder?
If you are new to sports betting and aren’t familiar with the term bet builder, then you should know that it is a service that is offering the bettors a chance to build their bets. It is often used in football matches, where bettors are usually using the bet builder for the biggest football clubs.
The bet builder comes from the players’ need to request special wagers from the bookmakers. That means that a player is customizing their own bet and wagers, where they choose from different markets inside one or multiple matches.
A sportsbook bet builder will automate this process, allowing the player to see the odds of several combined bets instantly. It is worth noting that online sports betting sites tend to limit the number of selections within a bet builder.
How Does Bet Builder Work?
In order to use the bet builder feature, you must first find a reputable sports betting site that offers that kind of service. After that, you will need to find a market that you want to bet on and click on the Bet Builder tab that is offered by the bookmaker.
From there you will be provided with a list of markets, from which you can choose and add to your wager. Your selection is then added to your bet slip and then the sportsbook will automatically calculate the odds of that wager.
After you complete your selection of markets the final step is to click on the “Place Bet” button. Here are some of the most common bet builder markets that are available for a football match:
- Half-Time Result
- Full-Time Result
- Both Teams to Score
- Number of Corners
- Total Number of Goals
- Player to Score First
- Player to Score Anytime
- Player to Score Last
- Total Number of Cards
- Red Card in the Match
Why Use a Bet Builder?
Using the bet builder when placing a sports bet gives the players many advantages. First of all, it gives them the freedom to choose their own bet. It is a great tool for the bettors that tend to focus more on the specific markets in a match such as the goal scorers, number of corners or cards, etc.
Secondly, the bet builder feature is a great tool for every bettor who is just starting out with sports betting and wants to understand how the combined bets work when betting on sports.
Last but not least, the bet builder feature is available for pre-match and in-play sports betting. This means that the players can use the bet builder feature at any time before or during the event. The bet builder will be a great fit when a bettor finds a match that is going in a certain direction.
Things to Keep In Mind When Using the Bet Builder
Although the bet builder feature is a very popular tool for sports betting, there are certain sports betting sites that don’t include it in their offer. Also, the sports betting sites that are offering a payout early on certain bets, won’t be offering the same on the bet builder bets.
This means that the bettors won’t be able to cash out a wager that has been placed with the bet builder tools. Once the bet is placed, the bettors won’t get insurance against their bet as they would with Acca Insurance, for instance.
Apart from football, the bet builder feature is very limited for other sports. This will disappoint many bettors that are betting on sports that don’t offer the bet builder tools, as they will have to find other ways to place their bets.