Total bookings is a jargon word for what the bookmaker means when he states that you are ready to start betting. The bookmaker will indicate what kind of bet you can place on any particular event by using these terms, as well as a host of others. This includes the terms ‘point spread’ and the like. In essence, it refers to the odds one faces on any particular bet.
In layman’s terms, the terms refer to the price or value that the punters are expected to pay when placing bets on the event. It does not include the amount that one is actually going to win. One can find this number in many places, such as the company’s own website, as well as online from the books that offer such information. In essence, these are the terms that ‘all’ punters should be aware of.
When it comes to betting on events in sports, one may come across ‘totals’, which is the plural of the word. There is no confusion in this regard. What does total bookings really mean in betting? It is the total amount of all bets taken, whether they have been placed by you or your bookmaker.
You must always remember that the total includes all the bets that have been placed. Therefore, it does not necessarily include the amount that one has won. However, in most cases, a bettor would only include the wager that he has won. It is this simple principle that underpins the entire concept of total betting.
In essence, it involves placing bets on one single event, whether or not there is a possibility of winning that specific event. This is where the term ‘total betting’ comes from. Now, it is easy to understand that if one is looking for a particular event, it is wise to go for a bookmaker that offers that particular event. However, it is also important to understand that if one is planning for betting for multiple events, it is wise to go for a bookmaker that can offer betting on more than one event.
The idea behind all this is to allow the bettor to enjoy a good variety of betting options without any fear of getting stuck with just one bet. In other words, it allows the person to bet on multiple events and thus, allows him or her to win a number of bets simultaneously. Of course, the bigger the number of bets, the higher the odds of winning. So, with a number of bets, chances of winning are certainly increased. However, if you bet on a number of events and win half of them, the chances of winning the rest increase drastically.
Total bookings also ensure that there is transparency in terms of the money transfer mechanism. In other words, all transactions are transparent, so that all factors affecting the bet (winners and losers) come into light. Also, as per bookmakers, the total number of bets and the total value of those bets are published in the website. Thus, one can have a clear idea of what exactly they are betting on.
In essence, it is not something that a person should ignore at all. If one wants to win at betting, then it is best that he or she opts for a website that offers reliable bookmakers. It is the best way to make sure that one does not lose out on money, time and effort. Moreover, in this era of Internet, one would not like to miss out on any opportunity that comes along. So, it is always advisable to go ahead and choose a good betting service provider for success.