Wagering is betting an amount of money on the outcome of a sport, event, or gaming session and hoping the outcome will lean your way and if it does, you win, if it doesn’t, you lose.
This is the simplified version, but granted, wagering can become more complex. Before making a wager of any kind, understand the requirements and be fully conversant with the odds of the outcomes. This will prevent unnecessary losses and protect you from the trap of making more bets to cover up for lost bets.
Here, I look at types of bets mainly used in casino games, sports events, and horse races.