Sports betting around the world has evolved the last few decades, from punters needing to go to betting shops or relying on runners to place their money to just flipping their mobile phones and making their bets online.
The expansion of bets has also grown beyond the traditional bets, and bettors who place their money beyond the normal point spread, money line, run line, puck line or parlay-type bets are those who take part in “exotic bets.”
A bet on the outcome of a special sports event other than the traditional side, or those of non-sports events, is also called an exotic bet. However, it can’t be blamed that exotic wagers are often associated with, but not limited to, horse racing.
BET BEYOND WIN, PLACE OR SHOW IN TRACKS
Once a punter places his money on the race tracks beyond the usual win, place or show bets is considered an exotic bet.
There is the “Exacta Bet,” where bettors are wagering on horses that will finish in first and second in that order. Then, there’s the “Quinella Bet,” which is wagering on horses that will finish in first and second, but this time regardless of any order.
The other exotic wagers options in horse racing include the “Wheels bets,” which allows a punter to keep a particular horse as his winning horse then adds others as the second horse in his exacta bet.
And then there’s “Boxes,” which are described as punters taking on a larger version of the quinella bet, wherein he is betting on every permutation of the horses he has selected.
FIND EXOTIC BETS IN RUGBY, CRICKET, AUSTRALIAN RULES FOOTBALL
Bettors who are adventurous and are tempted to try non-traditional popular betting sports like the NHL, MLB and the NBA can try out sports that may not be popular in the US but these are known in other parts of the world.
The Rugby League and Rugby Union are popular in Australia, New Zealand and the Pacific Islands, so punters in these areas can check out bets such as determining the first scoring play, first player to kick a goal, first team to score and the player who kicks the most goals for the match and round as some of the exotic bets in the sport.
In India, Pakistan and most of South Asia, they can explore betting on cricket matches that offer the “Most Sixes,” the winner of the toss, the team high bat – match and series, ther highest opening partnership and run spreads as among the enticing exotic bets there.
Bettors who get a kick of determining the “First Scoring Play,” “First Player to Kick a Goal,” the “Player to Get Most Disposals in Game and Round,” and the “Man of the Match, among others are taking on exotic bets in Australian RUles Football.
PLACE BETS WITH CAUTION ON EXOTIC BETS
Don’t get swayed by the crazy nature of these exotic bets, since it usually takes luck (or more of it) to figure these bets out and expect a big payroll.
There might be some exotic bets that offer some value and potential to collect certain victories for your account, bettors are reminded that they find logic before taking the plunge on these kinds of bets to protect your bankroll.compressed schedule, then there are the starting pitchers and bullpens punters have to monitor hours before the game.
Bettors who are risk takers and have the money to burn can take on these novelty bets based on their amusement or entertaining value and maybe his familiarity to the event.
Placing your money based on chance is a dangerous logic to bet, thus start betting in small amounts first for these exotic bets to protect your bankroll if the losses do pile up.