Understanding Novelty Betting

Are you looking to place wagers on markets outside of sports? Novelty betting may be ideal for you. This type of wagering covers numerous non-sports betting markets, including events in TV series and movies, celebrity awards ceremonies and much more.

In many cases, the novelty betting options available are extremely diverse and unique. If you prefer politics, pop culture and entertainment to sports – or if you love them all – read on to learn more about placing novelty bets.

How to Place Novelty Bets

If you’d like to place novelty bets, your first step should be to sign up at a top online sportsbook that offers these markets. If you’re a seasoned bettor, you will already understand the odds involved. However, if you are a beginner, you may need to research betting odds before you put your money down.

The good news is that reliable sportsbooks offer a massive range of novelty markets for their customers. They will often be featured prominently on a bookmaker’s home page, or in a dedicated Novelty Bets menu. Check out this menu to see which markets your sportsbook has to offer.

Most Popular Novelty Betting Markets

The most favourable novelty betting odds are usually available on beloved international reality TV contests and awards shows. With that said, there are plenty of other exciting markets to choose from as well. Just a few of them include:

  • TV events. Reality TV shows like the Bachelor, The Bachelorette, Survivor and Big Brother are premium choices for novelty bettors. You can also wager on local shows and series from outside the US, along with ceremonies like the Golden Globes, Emmys, Critics’ Choice Awards and more.

  • Films. The most common way to place wagers on films is to bet on the winners of the Oscars. You could also bet on which actor is cast in an important role in an upcoming movie, or place an over/under bet on how much money a film would make in its first week.
  • Celebrity gossip. The celebrity betting industry is massive and growing by the day. You can join in by betting on celeb relationships, divorces, business collaborations and virtually anything in between.
  • Politics. Political disputes and elections have always been hot topics for the novelty betting industry. Place your money on regional, municipal or national elections and other historical political events for a chance to win epic returns.

Types of Novelty Bets

There are a number of different bet types available within novelty markets. Straight and over/under bets are the simplest bets and are classics in this arena, but there are others to choose from too.

Proposition bets, or prop bets, are another popular wager type that relate to the finer details of an event rather than its culmination. They allow you to wager on things like the colour of the Queen’s dress for a royal wedding, the clothing picks of a certain celebrity at the Grammys, or the theme of an important ceremony.

If it exists, you can probably place a novelty bet on it, especially when you sign up at a leading online sportsbook!