Understanding Novelty Betting
Many bettors in Canada may only think of online sports betting as a way to place wagers on a match or tournament outcome, but there are many different types of wagers to be enjoyed, such as Novelty betting. If you’re keen on getting started, or you’re simply aiming to improve your success rate, our step-by-step guide to Novelty betting will assist you with just that.
What is Novelty Betting?
Novelty betting, also known as proposition or exotic betting is a wager placed on occurrences or non-occurrences during a match or race that do not directly affect the match outcome. Even though outcome betting is incredibly popular amongst Canadians, Novelty betting shouldn’t be thought of as less-serious betting form, as some of the biggest payouts have been generated by successful Novelty bets as wagers of this kind generally see lucrative odds.
In order to make sure you are getting the best of Novelty betting, be sure to peruse the range of wagers available to choose from at a good number of top-ranked online sportsbooks open to Canadians. It’s suggested that you have a few online sports betting accounts to better peruse the range of Novelty bets on offer. If you haven’t as yet decided on an online sportsbook, comparison sites will offer a good range of options that have been tried and tested and ranked accordingly. This will make Novelty betting even easier, and ensure that you place solid wagers with the best chance of winning!
Examples of Novelty Bets
Due to the nature of online sports betting, Novelty bets will be available on almost every sport imaginable, from Football to Volleyball and everything in between. As such, we have provided examples of Novelty betting that have in the past, garnered plenty of attention:
- What type of hat Bruno Mars will wear when he performs at the Super Bowl?
- Will a coin toss be heads or tails?
- Will the first player to score have a jersey number above/below 40?
- Will the game go into overtime?
- Which player will go off due to injury?
- Will the power trip during the game?
As you can see, these bets are not directly related to the actual game, but to the incidents and circumstances that come about due to a sporting event taking place.
Finding Excellent Novelty Betting Odds
Much like the advice on having accounts with multiple top-ranked online sports books to better peruse the available Novelty bets, Canadians are advised to do this in order to find the best Novelty betting odds. Odds set by the online bookmaker not only denote the chances of an event taking place, but also show you how lucrative a pay-out will be if your prediction proves correct.
In order to make sure you are getting the best possible return on investment, it’s important for bettors to shop the odds on offer for Novelty betting at a range of online sportsbooks. Start with your favourite online sportsbook and find a Novelty bet that you’re keen on. Then, before staking any money, peruse the odds on offer with competing sites, and only place the wager with the online sportsbook that offers the best odds. This can increase your chances of a win, as good odds equal great payouts!