Once you have determined your selections and bet type, you can place the bet. The exact process will vary depending on what bookmaker you're using. In order to place a bet, you must be logged in on their website so that the bookmaker can give you an account number for the sportsbook to which you are making your bet. First, find an account number for your chosen bookmaker from their website and then head over to Google or Yahoo where they will actually take care of getting your deposit approved by the site. There are many different betting types that you can use and you can select the type of bet you want to place based on your preferences and knowledge about the event. The types of bets that are available include winning bets, place bets and exacta wagers. Each of these options has different odds associated with them which will include the amount an individual will have to pay to get involved in the game based on what winning option might be created from their bet.