The most popular category of betting favoured by most sports bettors is ‘fixed odds betting’. Due to the popularity of the internet and the rise of the online bookmaker, this type of betting is more popular than ever.
Fixed odds simply means that in any game, race, event etc, bookmakers will calculate the potential result or outcome and offer ‘fixed’ odds or definite prices on them at any certain time.
And although, the ‘Fixed’ odds can change depending on the bet is placed, this type of betting where a definite prediction is being wagered on is known as ‘fixed odds betting’.