Betting is filled with terms and ideas that seem complicated at first, but which end up being simple in practice. Outright betting is one of these concepts, and it’s an important one used in many different sporting events. To help our players, we’ve created this guide to explain what exactly outright means in betting, and how it is used.
What is an Outright Bet?
Outright bets are those involved right at the start of a sports season or tournament, which reach a final conclusion. These bets can apply in practically any sport, from traditional big names in football betting odds like the Football Premier League to newcomers like the eSports matches of DOTA 2.
The idea behind outright bets is that they’re a long-term kind of wager that can be followed over an entire season or tournament. This makes them some of the most interesting to place, especially if you’re a diehard fan of a team you see going all the way. Of course, it can be just as interesting to bet on a team you dislike to fail, and see them reach your expectations!
Several different types of outright bets can be made, and bettors aren’t limited to wagering on just one outcome. Confident bettors can cover a wide range of results, to test their expertise and the hand of lady luck.
Like in the rest of betting, the more statistically likely an event is, the better its odds. In tennis bets, winning an outright bet on Djokovic to win in a tournament will usually provide a smaller payout than an outright winning bet placed on the lower-ranked Medvedev, for example.
What are the Different Types of Outright Betting Markets?
The different outright betting markets will change depending on the bookmaker, but several common forms of betting are shared across many different sports and bookmakers. These commonly include:
- Outright Winner
This is an outright bet seen the most often, where a punter wagers on which individual or team in a season will be the ultimate winner. Bettors who are most confident in their team’s final success will typically place this bet.
- To Qualify
Qualified outright bets are placed on the team or person to qualify for either an upcoming event or season. Many leagues only have a portion of their players or teams make it through qualifiers, which is where these bets are targeted.
- Top Four
Placed on teams or people that the bettor believes will earn a final result in the top four. Since this is a safer bet than one on the outright winner, the payouts will tend to be lower.
- Bottom Three
Going the opposite direction of the top four, a “bottom three” is an outright bet that a team or player will ultimately place in the lowest three positions.
- Next Manager to Be Sacked
One of the less positive forms of outright betting, but one of the most popular with fans. This outright bet lets players bet on the manager of a team that they consider likely to lose their job for poor performance or whatever other reason.
What Does Outright Winner Each Way Mean?
An outright winner each way bet is a form of wager that combines both the outright winner and the top four outright bets. Players using this bet place one wager that their selection will win first. If their selection doesn’t win first, then their second wager can also pay out for placement in second, third, or fourth place.
Because this approach requires two separate bets, it will be more expensive than a single outright winner bet. It could also improve the odds of placing a pomtentially successful wager, so the odds could be more in the bettor’s favour.
Outright Betting Tips & Tricks
The best way to find success in outright betting is to know the sport, the teams, and the individuals on whom you are betting. Knowledge of past performance and matchups is a great start, but better odds means also taking a deeper look at what makes each team and player tick.
Injuries play a part, personal events can affect the players, and you also need to take into account where the event is held. Many different factors come into play, any one of which can make or break a professional sports performance.
The best trick and tip we have is to listen to the pros, weigh their opinions against your own experience, and use that as a basis for prediction. As with all betting, there’s no guaranteed way to win, but this type of in-depth understanding could improve your odds.
Most Popular Sports for Outright Betting
Outright betting is a key part of many sports, where the biggest sports often enjoy the largest levels of involvement. This means football is among the most common, and horse racing odds are also one of the popular options.
Cricket finds a place for its slower-paced nature, which makes it a great fit for watching a tournament and cricket odds evolve over a series of weeks. The same applies to golf betting markets, where each swing can see an update in the odds.
Like most forms of betting, the more popular a sport is overall, the more likely it will see interest in outright betting. Since online betting has opened up betting markets like never before, smaller sports are seeing growing success in outright betting too!18+ | Opt in | T&Cs apply | begambleaware.org | Please gamble responsibly.
