Sports betting is one of the most prestigious things to bet on when gambling online. However, you don't need to be an experienced bettor (or punter) to bet on sports, and you only need to know a few basics to get started. We offer this comprehensive guide to get you betting in no time at all.
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In This Guide
Sports betting has become one of the favourite things for bettors worldwide, and you may wonder if it is worth it. You may not know this, but sports betting has developed into a massive, multibillion-dollar betting industry, and many gamblers got very rich from betting on sports.
Sports betting is as popular as drinking beer in many countries, and you are the odd one out if you are not a seasoned punter. But where to start? Read on to find out if sports betting is for you.
Sports worldwide is a popular event to watch and is often the primary topic of conversation at social gatherings or formal functions. There is always a debate about who will win the next big sports event, so why not bet on the outcome and win while you are at it?
You should know enough to wager on sports if you enjoy watching sports. Knowing the sport, teams and players is a good foundation for becoming a good sports bettor. You can always learn what you don't know, and luckily, there are many ways to get informed about a game's outcome to increase your chances of a winning bet.
You may be good at predicting the outcome of a winner in a match or have a good eye on the winner. If that's the case, try your luck with sports gambling. Sports betting has less to do with luck and more to do with knowledge. The more you know, the luckier you'll get.
Maybe you need a new betting platform and have grown tired of the usual casino games. Sports betting is exciting, social, and very satisfying. As a gambler, you should try it.
There is no need to go further than your PC or mobile device to bet on sports. It would be best to choose a good bookmaker online, and you are halfway there. We recommend the best sportsbooks that offer good odds and a wide variety of markets. All our listed bookmakers are safe, licensed and regulated.
Like most other casino sites, bookmakers want to reward their loyal customers. So most bookies will give you added value, special offers, promotional offers and bonuses to make your dollar stretch further. Find a bookie that adds value, has extra features, and suits your style.
Make sure that sports betting is legal in your place of residence, as some countries, states, and regions outlaw online betting.
If all of this still sounds too unfamiliar to you, don't worry. We dive in deeper to guide you through the process, teach you the basics, and answer your most frequently asked questions.
Most Popular Sports Events to Bet On: There are many sports types available to bet on, and today, you can even bet on novelties, politics, or the outcome of the Grammys! Here is our recommended list of sports betting events we think you should focus on:
When you bet on sports, understand what "odds" means. In sports betting, you will come across plus (+) and minus (-) signs and knowing what it represents can make the difference between a win or a loss.
Betting odds represent the probability of the outcome of an event and therefore enable you to work out how much money you will win if your bet wins. They usually show this on your betting slip before confirming your bet on a specific market.
They show odds in ratios and decimals, so read up about it and practice as much as you can. Look at spread betting and how it works - this will allow you to make better betting decisions.
Understanding and looking at the spread will help determine if a game has good or bad odds. The plus (+) sign means that the team is the underdog, while a minus (-) sign indicates the team is the favourite. For example, if the spread is seven points for a game, the underdog gets seven points, and it displays as +7 at the odds. Conversely, a team posted at -7 is the favourite and is laying seven points, and therefore the more likely team to win.
Betting on the go is no longer a luxury but a necessary benefit all punters want to utilize. Most significant sportsbooks have their dedicated mobile app, and you can find a download link for either iOS or Android devices on the website. Should you prefer not to install another app, you can use your mobile browser to log into your account and bet as you would on the website.
Most sports betting mobile apps mirror the website version, with a few extra features and benefits. Try betting on your mobile, and you may never want to bet any other way!
The mobile app should have a smooth interface with an easily navigated layout. A seamless design is vital as your experience needs to be hassle-free and quick. Mobile apps also need to be accessible to Android and iOS platforms and be equally easy to use on a PC, tablet or smartphone.
We have listed the most commonly used terms in sports betting to help you find your feet fast to make it easier for you. Contrary to casino games, sports betting has different meanings for common words, and it doesn't mean what you think! Be sure to understand the following terms:
Betting smart is vital, and we believe that these tips will help you place a more successful wager, no matter which sport you choose. Here's how you can get more value for your money, especially in the long run.
Finding a bookmaker that provides a great selection of markets, good promotions, and great odds is not always easy. Be sure to look at our recommended favourite top sports betting sites.
Choose an online bookie that will give you the most value for your money. Besides being licensed and fully regulated, a good bookmaker should have many features, promotional offers, and bonuses. Other than that, make sure you bet on a sportsbook that offers good odds.
To become good at sports betting, you need to have sufficient knowledge of those players' sports rules, players, teams, and history. It can take years to follow a specific sport before a bettor can wager successfully.
If you don't understand what "odds" means in sports betting, you can't fully grasp what market you should bet on and why. Learn what the betting odds represent before you place your first bet. Odds are displayed in ratios, decimals, plus (+) and minus (-) signs. Familiarise yourself with what each represents so you don't make a mistake and bet on a market with bad odds.
A great way to bet while minimizing losing is to find websites that have analyzed tens of thousands of matches yearly. Easily find these stats online for almost every market of every type of sport before you wager your bet.
To make the most out of sports betting, you need to follow a good betting strategy; it is better than not following a system. For example, get familiar with value betting, the most common betting system, and avoid placing parlay bets.
Winners know when to stop, right? That applies to sports betting as well. Experienced bettors with many years of sports betting experience can still lose many consecutive bets. Stop gambling, take a break for two or three days, and regroup when this happens. Then, look at our top betting tips and try again!
As a beginner, you may need some guidance to start. Here is our step-by-step guide to ease you into betting on sports:
A bookmaker is a term used for a betting site that offers sports to bet on, and Bookie or Sportsbook is also the same thing. Always choose from recommended sites as all our bookies have licences, are regulated and are safe. Click on the registration link to get started.
You will find a variety of payment methods to make your first deposit. Typically, you will find options like Visa & MasterCard (credit/debit cards), e-wallet options, or EFT options to fund your betting account. Make sure that you choose a method that does not influence your bonus offer.
Most bookies give you fantastic welcome bonuses with your first deposit, so choose wisely. There are rules and T&Cs, so read those carefully before committing to a bonus offer you cannot fulfil.
Depending on your knowledge or interest, you can choose a sport from a massive variety on any sports betting site. Cricket, basketball, football, tennis, rugby, soccer, snooker, darts, and table tennis are all available. Try your luck with the outcome of the next American Presidential Election! Yes, you can bet on that too!
Markets are sections of bets you place on a sport you choose. It may be for a specific match, event, or tournament. Look at the odds to determine the best outcome for the type of bet you are placing. Each sport type has hundreds of markets, so take your time and choose the right one for you.
We have listed several betting types for you. Here is where you will pick your betting type. As you place your bet, you will see a betting slip appear with the wager info and, usually, an amount of the outcome of a winning bet.
Now that you have followed all the steps, the last thing to do is to confirm your bet. Then, wait for the outcome and (hopefully) collect your winnings!
It's easy to feel lost if you are new to sports betting, especially if you are unsure what specific terminology means. But don't worry; we've got you covered on all the lingo you need to learn. Please refer to our glossary section for the more complicated jargon in sports betting.Learn more
When you bet on sports, the key is to know a combination of a few factors - your sport, the odds and the type of bet that works for you in terms of what you can afford to lose. Many betting types may leave you feeling overwhelmed. Before you lose hope, let's look at the most common betting types and what they mean:
An accumulator (or Acca), combo bet or multi bet. A single bet links two or more individual bets and depends on those wagers winning together. Try to avoid this type of bet, as the downside is that if any of the stakes in the parlay lose, the entire parlay is lost, and you walk away with nothing.
This is when you are betting the same amount on every game, regardless of your confidence level. Flat betting puts you in the best position to stay in the game long term.
This betting strategy is considered risk-free, as all outcomes get covered by a bookmaker and a betting exchange simultaneously.
Arbitrage betting involves placing bets on every outcome of an event to lock in a guaranteed profit. More simply put, it results from different sportsbooks offering different odds in the same event.
This type of betting is a very common bet in football and basketball games but is found in other sports. Look at our section below on odds to better understand this popular betting type.
Sports betting is another form of gambling and entails placing a bet on the outcome of a sports event. There are only two outcomes with sports betting: either you profit based on the bookmaker odds or lose your wager in full.
The term "bookmaker" is also loosely referred to as a "bookie," but the word "sportsbook" or "betting agency" are both synonyms. They provide a betting exchange for customers, which are marketplaces where they set odds.
The person who places a bet is called a "punter", "better", or "betting fan". In easy terms, this is the gambler who places the bet.
Many popular betting sites offer markets for sports bets. Please refer to our list of popular sports betting sites to find a reputable and safe sports betting site.
If you are placing a bet on the outcome of a sports event, they say you are backing that outcome. In sports, you generally have an option of only two teams.
If you bet against an outcome, it is called a lay bet. For example, if you lay a bet against Lewis Hamilton to win the Formula 1 race, your lay bet wins if anyone except Hamilton wins, and you lose if Hamilton wins the F1 race.
After choosing a bookmaker to sign up with, you need to complete the registration process to place your bets. So be sure to choose a licenced and registered bookmaker to bet with peace of mind.
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