8 Types of Bets in Sports Betting in the Philippines

Sports betting in the Philippines has grown rapidly, with fans exploring everything from single wagers to complex multiple bets across major sports leagues. 

Understanding the types of bets helps new and experienced bettors make smarter choices, compare competitive odds, and enjoy different betting types across football matches, NBA games, tennis tournaments, horse racing, and more. 

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What are the Different Bet Types of Sports Betting?

The main types of sports bets include: 

Single Bets

The simplest type of bet, single bets are where you wager on the outcome of a single game or event. Example: betting on a tennis player to win. A single bet is often the starting point for beginners because it’s easy to understand, and the results are straightforward compared to multiple bets. The odds are clear and tied to one outcome only. 

Moneyline Bets 

You pick which team wins the sporting event, regardless of the final score margin. Examples include MLB and soccer wagers, which use moneyline betting as a straightforward way to back your favorite team or club. Moneyline bets are easy to follow since the odds directly reflect each team’s chance of winning the sporting event. 

Point Spread 

Point spread betting is common in professional football, the NBA, and college basketball. Rather than betting only on the game’s outcome, you predict whether a team will cover the point spread, which levels the odds between the favorite and the underdog. The balancing of odds makes matchups more competitive for betting purposes. 

Prop Bets (Proposition Bets) 

These are wagers on specific game props, such as how many points a player scores, yellow and red cards in a soccer match, or whether a boxer wins by knockout. These bets often come with better odds for unusual outcomes, such as a boxer winning in a specific round or a player serving a certain number of aces in tennis.

Parlay Bets

A parlay bet is a multiple bet consisting of two bets or more combined. All selections must succeed for the bet wins to count, offering better odds but also higher risk. Bettors enjoy this format because when all selections win, the combined odds multiply, producing potentially large payouts. Bettors often build parlays across multiple games on the same betting slip. This creates the chance for big payouts but also higher risk if just one selection fails. 

Futures Bets 

These are wagers on long-term outcomes like league championships, tournament winners, or season awards. Example: betting on Manchester City to win outright before the season begins. This type of bet offers long-term predictions, and because of the uncertainty, the odds are often higher compared to traditional wagers.

Live Betting (In Play Betting)

Live betting involves placing wagers while the game is ongoing. This allows bettors to react to the outcome as it unfolds, adjusting bets during NBA games, NFL games, or even a boxing match. In hockey, many bettors use the puck line, which works like a point spread and changes quickly during live play. 

Mixed martial arts events are especially popular for this type of betting, as the odds can swing dramatically with every round, takedown, or knockout attempt. In play betting is fast-paced, with odds shifting constantly as teams play and the outcome develops in real time. 

Teaser Bets 

A teaser bet is a type of parlay where you can adjust the point spread or totals in your favor, usually in NFL wagers or college football. Bettors use teaser bets when they want more control over the point spread while still enjoying the excitement of multiple wagers. This type of bet is also common when exploring college sports because the odds can shift quickly.

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Prop Bets: How Do They Work?

Prop bets are extremely popular in the Philippines. They focus on events within a game, not just the final score. Examples include:

• Will a tennis player win in straight sets? 
• How many points will a basketball player score in an NBA game?
• Which boxer will land the first punch in a match? 
• Will yellow and red cards appear in a football match?
• The method of victory in boxing wagers, such as a knockout or a decision

Prop bets give bettors a chance to enjoy bets tied to the action rather than the overall game’s outcome. 

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Futures Bets: Betting Long-Term

Futures bets allow fans to predict the outcomes of sports leagues far in advance. Examples include:

• Betting on an NFL team to win the Super Bowl before the season starts
• Predicting which player will win Wimbledon 
• Backing a college football team to reach the playoffs
• Choosing the league championship winner in NBA wagers explained for the season

These bets can offer higher odds because of the uncertainty, but they require patience since results may take months to settle.

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Types of Bets by Sport

Golf Wagers Explained

Golf betting is unique compared to other sporting bets. Sports bettors can choose from: 

• Win outright bets on a player to take the tournament
• Head-to-head bets, predicting which of two players will finish higher
• Place bets, where you back a golfer to finish in the top 5 or top 10
• Proposition bets on specific outcomes, like how many birdies a golfer makes

Golf bets show how betting adapts to the sport’s slower pace and wide range of possible outcomes. The wagers provide varied odds depending on whether you back a player to win, place in the top 10, or win head-to-head.

MLB Wagers: Common Bets 

Baseball fans in the Philippines place bets on MLB that often include: 

• Moneyline bets on which team wins the game outright
• Run line bets, baseball’s version of spread betting
• Total bets on the number of runs scored in a game
• Futures bets on World Series winners

MLB bets rely heavily on stats, but the odds also shift based on pitching rotations, weather, and team form. MLB betting appeals to those who enjoy analyzing statistics and predicting the game’s outcome through numbers like batting averages or pitching rotations. 

Bet Types in Horse Racing

Horse racing remains a traditional favorite. Bettors can use bets such as: 

• Win bet: backing a horse to finish first
• Place bets: choosing a horse to finish in the top 2 or 3, depending on the race size
• Each-way bets: a single wager that covers both a win and place bet 
• Head-to-head bets between two horses

These bet types offer a mix of simple bets and complex combinations for racing fans. Horse racing offers competitive odds across win bets, place bets, and each-way wagers, making it a favorite among traditional bettors. 

In Play Betting and NHL Wagers

Also known as live betting, it is popular for the NHL and other fast-paced sports. Bettors place wagers as the game happens, reacting to game momentum. For example:

• Backing a team to score the next goal in a hockey match
• Betting on whether a boxing match will end in the next round
• Predicting the correct score as a game unfolds

This style of betting keeps bettors engaged from start to finish.

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A Guide to Multiple Bets

What are 7 Bets Called?

When you place seven selections in sports betting, the set of bets is usually called a Super Heinz. It consists of 120 total bets covering every possible combination of doubles, trebles, and higher folds from the seven selections. 

Such a bet can be complicated but offers a chance to cover multiple outcomes in different sports events. Bettors use it when they want exposure across many teams or players with higher odds.  

How Many Total Bets are in 7 Selections? 

Seven selections can create different bets depending on the structure:

• A simple accumulator with 7 selections is one bet consisting of all outcomes needing to win.
• A Super Heinz, however, involves 120 total bets, covering doubles, trebles, 4 folds, 5 folds, 6 folds, and the 7-fold accumulator.

Sports bet types like these show how complex multiple bets can become, especially when used across sports leagues such as the NBA, NHL, MLB, or even mixed martial arts events. 

What is 4 Folds in Betting?

A 4-fold is a multiple bet that combines four individual bets into one parlay. A 4-fold might include a bet on the NBA, a tennis wager, a football bet, and a golf bet, all on the same betting slip. 

For the bet wins to be valid, all four selections must succeed. When every selection lands and the bet wins, the payout can be much higher compared to a single bet. If even one selection loses, the whole parlay is lost. This bet type is popular for its potential to turn small stakes into higher returns, though it carries significant risk.

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Sports Bet Types: Choosing What Works For You

With so many types of sports bets available, it’s essential to match the type of bet with your knowledge of the sport. 

Beginners may prefer simple bets like moneyline, while advanced bettors often enjoy complex Super Heinz wagers. Whatever type of bet you choose, understanding the odds is essential because they determine both the risk and the potential payout. 

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