Section Background Image
Top 3 Online Sportsbooks
100%
Rating
*******
Bonuscode
100% up to
$500
13
Sports
Mobile / App
98%
Rating
*******
Bonuscode
100% up to
$100
14
Sports
Mobile / App
97%
Rating
*******
Bonuscode
100% up to
$500
12
Sports
Mobile / App
All Sportsbooks
Richard Miller
Author:
Richard Miller
Last Updated:
November 6, 2020
Approved
Author
This author was thoroughly tested and approved by the experts at BettingBilly.com before joining the editorial board to ensure a high content quality.
Author Bio:
 
Richard was Marketing Manager at a global bookmaker and worked in the enterntainment sector for decades before working his way up in the world of entrepreneurs. His focus areas are mainly in the fields of sports and politics. He has a Science Degree, visited Harvard University and is now our hardworking Editor-in-Chief at BettingBilly.
Richard was Marketing Manager at a global bookmaker and worked in the enterntainment sector for decades before working his way up in the world of entrepreneurs. His focus areas are mainly in the fields of sports and politics. He has a Science Degree, visited Harvard University and is now our hardworking Editor-in-Chief at BettingBilly.

Single Betting Explained in 2020

Are you looking for the best strategies related to the single betting? Do you want to learn tips and tricks that can make your sports gambling more profitable? This comprehensive guide will provide you with everything you need, regardless of the level of your wagering experience. Our expert bettors reveal their strategies for beating sportsbooks. Let's take a tour together and make your single betting profitable in the long term!

What is Single betting?

Single betting is one of the purest forms of sports gambling. It is a straight wager on the outcome of the sports event. As its name suggests, this wager consists just of one bet. Depending on the result of a particular wagered game, a single bet will win or lose. Each-way bet is one of the forms of single betting, which can lower the risk by getting returns if your selection finishes in a placing position.

Two inputs determine the amount of money you can earn from single bets. Your potential returns depend on the odds offered, and the amount of stake. The bookmaker sets the odds, and they represent the probability of a specific outcome. The higher the odds, the lesser likelihood that an outcome will happen. But, on the other hand, if the odds are longer, you can win a bigger payout. Another portion that has an impact on your returns is the amount of money you are ready to wager on a specific game. It is called the stake, and the person placing a single bet decides its amount. If your stake is higher, then the profit is also going to be more significant. The amount of money you can get from a single bet is calculated by multiplying the odds offered by a bookmaker with the stake set by the bettor.

You can apply single betting to any market, and at any sportsbook. Single bets are the perfect start for any bettor that has just dipped into the sports gambling waters.

Placing a Single betting: Step-by-Step

There is nothing easier in sports gambling than placing a single bet. Most bookmakers operate in the same way, and when you make a wager for the first time, you can do it at any sportsbook. However, if you need guidance on this process, just follow these simple steps.

Steps Box Background
  1. Select an online sportsbook: There are numerous sportsbooks on the betting market, and you should find the one which suits you the most. Check some sports betting reviews, and that will help you make the decision.
  2. Register for an online account: After you pick the right sportsbook, you need to create an online account. Just populate all the required fields and set up an account in seconds. Don't forget to load some money to it too.
  3. Find your selection: At this point, you are ready to make your selection. Just navigate to the game and click on the odds that you want to wager on. Your bet slip will get populated automatically.
  4. Place a bet: To complete the process, you just need to enter the stake and click on the Place Bet button. Congratulations, you have placed a single bet!
All Sportsbooks

Usual sports for placing a Single betting

Single betting is not restricted to specific types of sports, and you can use it everywhere. The only difference between sorts is a diversity of markets offered by the bookmakers. Of course, the most popular sports, like soccer, football, basketball, or hockey, are fully covered. For example, you can find hundreds of markets for any Premier League, Champions League, or NBA game. Also, the choice is vast for NFL or NHL games as well.

Individual and racing sports can also be the right choice for single betting. Literally, you can make single bets from everything that you find in any sportsbook's offer. That includes lesser-known sports such as darts. Racing sports are suitable for each way bets, which are a particular subtype of single bets. It means that if your selection hasn't won the race, you still have the chance to win one portion of a bet if it finishes at one of the places.

Examples for Single betting

Let's go straight to a couple of examples, and you will be able to see how straightforward single betting is. We are going to use the Premier League soccer match between Arsenal and Everton as a reference. Let's see how single betting works in practice.

Winning example of Single betting

Arsenal is fighting for the place in continental competitions, while Everton sits in the safe mid-table position. You are very positive that the Gunners can celebrate at their pitch, and you go straight to your bookmaker's website. The bookie offers you the following odds for the moneylines market.

OutcomeOdds
Arsenal to Win-170
Draw+280
Everton to Win+320

 

The odds seem to bring you a good value, and you decide to wager $100. The game was very tight, but the home side managed to book a narrow 1:0 victory. Arsenal wins, you win the single bet, and get a $60 profit on top of your stake.

Losing example of Single betting

For the same game, you found the totals market more attractive. You have studied the latest stats of both teams, and since they were quite efficient lately, you place a $100 single bet at Over 2.5 goals at the odds of -130. However, since the game ended with a 1:0 score, you lose a wager, and the bookmaker keeps your stake.

Current Sports Picks
Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed
Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed
Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed   Closed

Single betting for beginners: How to bet

We have already mentioned that this kind of wager is very suitable for newbies in sports betting. However, it doesn't mean that you are going to be successful from the very start. You should always stick to the particular tips that can help you build a more advanced strategy.

  1. Always go for a value: Before dipping into the markets and placing a wager, ask yourself the following question: Is the probability of an outcome higher than the odds suggest? If it is, then it is considered as a value bet, and you should put money on that selection.
  2. Do a pre-match analysis: Doing a bit of homework can always help you make better selections. Check teams' stats, potential lineups, injuries, or everything that can have an impact on the game, and try to capitalize on that information.
  3. Check professional picks: Daily offer at any sportsbook is vast, and it is never easy to narrow the choice. However, you can sign up to Billy's List for free, and get tips from expert bettors.
  4. Don't back huge favorites all the time: It is hard to make a long-term success upon single betting on huge favorites. The odds are shorter, and you need to stake more money to make decent returns. However, one bad day can have a significant impact on your bankroll.
  5. Be disciplined: While we are speaking about the bankroll, don't get carried away even if you enter a losing streak. Always keep your bankroll management under control, and remember to remain patient and disciplined.

Don't miss my latest betting secrets!
Join the waiting list now for the best betting pick service in the USA!
Sign up now

Single betting for professionals: How to bet

Single betting is very popular with professional bettors as well, and they have built quite a few strategies that can be profitable in the long term. We will go through some of them so that you can explore them and potentially apply to your wagering style.

The reason why lots of professionals prefer single betting over multiples is that you depend on just one game. Although you can get a more lucrative payout on accumulators, the possibility of winning single bets is much higher. You do not need to chase significant returns to be profitable in the long term, but you may lower the risk and go step by step in increasing your bankroll.

Expert bettors take advantage of an each-way bet, which we have already mentioned as the variety of single betting. Instead of placing just one "win" wager, thanks to each-way bets, you can ensure that you get a payout if your selection finishes at one of the "places." Your stake splits in two to cover both outcomes, and you need to be successful in just one to get some returns. If your pick misses the chance to win, but still finishes in places, you can at least get your stake back. Each-way bets apply mostly to racing sports.

Single betting: Try it now at one of the top 5 betting sites

You have seen by now that single betting is very straightforward. Head to your sportsbook's website and deposit some money to your account. Dip into the markets and find your preferred bet. You just need to make one selection to place a single bet, so don't hesitate!

 
Choose your state
Colorado
Illinois
Indiana
Nevada
New Hampshire
New Jersey
Pennsylvania
West Virginia
Filter
100%
Rating
*******
Bonuscode
100% up to
$500
13
Sports
Mobile / App
98%
Rating
*******
Bonuscode
100% up to
$100
14
Sports
Mobile / App
97%
Rating
*******
Bonuscode
100% up to
$500
12
Sports
Mobile / App

Ask Billy: Frequently Asked & Answered

Conclusion: The purest form of betting
Single betting represents the essence of sports gambling. It cannot be more straightforward; you choose one pick and depending on the outcome of the game, your bet wins or loses. Its simple nature makes it suitable for all sports, and you can enjoy single bets in every sportsbook. It covers all the markets, as long as you keep it as one selection. Apply some tips from this guide, and enhance your betting experience.
Find the best Sportsbook now!