As the name suggests, a single bet is the simplest and most basic type of online betting. It consists of betting on the outcome of a single event.
Because of the result of a game, a single bet can either win or lose. Single bets can be reduced in risk by each-way betting, which pays out if your choice comes out on top.
For example, in a final result bet, also known as a 1x2 bet. This bets on whether the home team will win, draw or lose.