Waterpolo Betting (or Water Polo Betting, as some may prefer) is quite popular among hardcore waterpolo fans. From an outsider, water polo may not look like the most intense sport when compared to, say American football or basketball.
However, beneath the literal surface of the water, it takes great core strength, team coordination, and obviously, swimming skills, in order to rise to the top as a player (and as a team). To become a true water polo champion, a team must be composed of athletes with balanced strengths overall — swimming, accuracy, agility, and endurance.
In this article, we’ll be exploring what water polo betting looks like, how it works, and how to get started at Gambulls.com!
Types of Water Polo Betting
You can bet on a water polo team through one way or another — before the championship is in season, and during the entirety of the season and even when your team is on the field. The former way to bet is “regular betting”, but the latter uses Gambulls Live Betting feature.
How to access the Water Polo Betting feature
On Gambulls.com, participating in water polo betting is easy. From the homepage, find the navigation slider on the left hand side. Then, find the Sportsbook tab and click on it.
Find the sport that you want to bet on. You can use the search bar to find “waterpolo”. Once you find the result, make sure you’re on the Water Polo tab like you see below.
Go ahead and explore the options tab. In the demo, you’ll see that there is currently no Live Betting happening right now (as it says Live (0) ).
However, in the current demo, we can see daily matches. In the first row of the betting market, you can bet on MVLC Miskolc. If they win, you get a payout of $1.98 per dollar you bet. If you bet on Kaposvari VK, and they win, you get a payout of $2.35 per dollar you bet. The discrepancy is due to the fact that the bookmaker and other bettors believe that Kaposvari VK is the underdog.
They could win, but the chances of them winning is slightly lower compared to the more seasoned MVLC Miskolc. We’ll talk more about the odd types and how to read the numbers below.
And if you don’t know yet, a betting market is simply a statement of betting outcome and the associated risk and reward you’ll get (the Odd Type, which we’ll talk about soon).
Water Polo betting concepts you need to know
Now that you’ve accessed the betting page, you should be familiar with the bet odds. If not, here’s a quick explainer on the bet odds, which are the numbers that accompany each betting market.
If you move your mouse towards the top right corner, you’ll see the Odd Type. This drop down will simply change the format of the numbers, but will not affect your odds in any way. But it’s still important to understand how each of the Odd Types work.
Understanding Odd Types
Presenting odds can be done in three main formats: American, European (Decimal), and Traditional (Fractional). The odds in Malaysia and Hong Kong are merely variations of the three.
American odds mostly display possible profits in monetary terms. A bet of $100 might potentially yield a return of (+). A wager with +200 odds, for example, has an additional $200 profit potential in addition to the initial $100 stake.
Negative(-) American odds indicate the amount wagered in order to win $100. Favorites are usually subject to these odds. For example, if the odds are -150, you have to bet $150 to win $100. Even money odds of (+100 and -100) indicate a payout that is equal. A $100 wager at +100 odds yields a profit of $100, and a $100 wager at -100 odds yields a profit of $100.
Decimal odds are simpler to comprehend. With odds like 2.00, you will win $2 in addition to your stake for each dollar you wager.
Fractional odds, such as 5/2, suggest that one could make $5 for every $2 wagered or $2.50 for every dollar wagered.
Why is it important to understand the odds?
Ever made a stock market investment? You conduct due diligence to identify high-performing companies, but occasionally a company’s performance is not reflected in its market price.
The odds in betting provide you with an indication of what other bettors think. The final image shows that MVLC Miskolc has been assigned a 1.98 odd. This implies that you would receive $198 back (i.e., with $98 in profit) if you bet $100 on him and you were correct about his win.
Let’s say, however, that you have done your homework to back up your belief that Kaposvari VK will triumph this season. The sportsbook claims that because Kaposvari VK has larger odd numbers, fewer people are supporting him.
In the eyes of the bettor, a larger odd number doesn’t necessarily translate into a higher chance of victory for the team —quite the contrary. Less people are cheering for Kaposvari, so if they happen to be correct, the sportsbook bookkeeper is willing to pay a lot more.
If you are correct in your prediction that Kaposvari will win hands-down, you will receive $235 for each $100 you wagered. There are situations when following the consensus—also known as crowd wisdom—is a wise decision. On other occasions, defying the masses (and being 100% correct) might pay off more!
Strategies to consider in water polo betting
Of course, don’t rely solely on the sportsbook numbers! Actually, do your research. Figure out who you want to root for based on a team’s past performance, attitude towards winning and losing, training, past injuries, age, and more.
Betting on water polo can be an exciting and potentially rewarding activity, but like any form of sports betting, it’s important to approach it with knowledge and strategy. Here are some beginner tips for water polo betting:
- Understand the Basics:
Start by familiarizing yourself with the basics of water polo, including the rules such as the 30 second rule, free throws, no-contact in some games, and much more.
- Manage Your Bankroll:
Set a budget for your betting activities and stick to it. Avoid betting with money you can’t afford to lose. Responsible bankroll management is crucial to long-term success.
- Start Small:
As a beginner, it’s a good idea to start with smaller bets until you become more confident and experienced in water polo betting. Over time, you can adjust your betting amounts based on your comfort level and results.
- Stay Informed:
Stay updated on the latest news, injuries, and developments in the world of water polo. This information can provide valuable insights into the potential outcomes of races.
- Practice Patience:
Water polo betting, like any form of sports betting, requires patience. You won’t win every bet, and it’s essential to stay level-headed and avoid chasing losses.
The takeaways
You now understand how to place bets, what it takes to bet on water polo on Gambulls.com, and some practical guidance on how to balance your chances of winning and losing. Go ahead and make your wagers using Gambulls.com.
The best thing about Gambulls is that you can use cryptocurrencies instead of US dollars to fund your betting accounts. You can keep your privacy while taking part in exciting but dangerous activities with cryptocurrencies.
Make a cryptocurrency wallet, load it with money from a trustworthy exchange, sign in, and go! Use caution and sensible wagering.
