Getting to know your basic bet types is a simple way for your players to feel informed when placing bets on specific matches, events, and overall, how this information and sense of understanding of the betting world can increase player retention rates.
This article will focus on three main basic bet types: Totals, Handicap, and 1x2. If you’d like to discover more about Altenar, the sportsbook software provider, and other ways to increase player retention rates through different betting features, visit altenar.com today to discover a host of informative articles, reports, and case studies.
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So, looking at three basic bet types offers increased knowledge for your players, and in doing so, you represent a small portion of operators who understand that the value of the player goes beyond monetary aspects, and this is often felt by the gamers too.
Totals | Betting Type
As a popular and common alternative to 1x2 and Handicap betting, Totals focuses not on determining the winner of a match but on correctly forecasting game variables like runs/points/total goals, or any other quantifiable variable.
Handicap | Betting Type
Handicap, as a type of betting, focuses on one team that is heavily favored against their opponents to win a match or event. As a means of countering this perceived bias, bookmakers offer this betting type to, in essence, ‘level the playing field’.
This is applied to factor in the final score and determine the game’s outcome, helping to inform the purpose of the bet, which may not reflect the actual result.
1x2 | Betting Type
As one of the most common types of betting, 1x2 is the simplest way for a player to understand the cost of a bet.
If you’d like to discover more information on ways you can retain players, increase offerings, and more, chat with the team behind Altenar, a sportsbook software provider, today and harness the team's industry know-how to your advantage.
