There are all sorts of ways in which you can place bets on different sports events. You can make direct use of the bookmaking shops or even wager money via phone betting services. Ever since the advent of the Internet, online sports betting has gained huge popularity and has become a commonplace among sports betting enthusiasts. Rather, it has become one of the most common methods of betting on sports events throughout the world.
Carry out a simple Google search and you are likely to come across hundreds of different sports betting websites such as Bet365 and more where you can bet with a few clicks of the mouse button. Majority of the conventional and large bookmakers have moved on to the Internet, and there are many more new bookmaking entities that have joined the marketplace too. All these websites collectively have become by far the most comfortable means of betting on sports events. What more, betting with them offers various advantages too! And you don’t have to be a tech wizard to get started. All you require is the willingness to start sports betting on the internet and setting up of an account with a reputed online bookmaker or an online casino cum bookmaker, followed by deposition of some funds. You’re all set to place wagers then!
However, no matter how popular it may have become, not everyone knows about the concept of online sports betting and the workings behind it. Keeping this in mind, we’ve compiled a comprehensive sports betting guide that can help you get started in this industry!
Veering slightly away from the sports betting topic, you do indulge in a kind of betting whenever you play online casino games such as roulette, slots etc. So, if you’re starting out in sports betting field, don’t think you’re venturing into something entirely different! For instance, in slot games, you get the option to bet minimum or bet max!
Talking a bit more about slot machines, here’s an impressive portal
that consists of detailed information on all the best slot games you can play in online environments, their bonuses, jackpots, comparisons and more.
Coming back to the sports betting guide, you can expect to learn:
Various advantages of betting on the Internet
The primary benefit of indulging in online sports betting is that you can place your bets any time you want and from anywhere. Although there are many other advantages of moving your sports betting activity online, these two are the biggest of them all.
Selecting the right places to place bets
Considering the great multitude of sports betting websites on the Internet, anyone can get confused and wonder which one to place bets with! This is a decision that should never be rushed into. There are several things you’d be required to consider before opening an account with an online casino or bookmaker. Going with the right website will ensure that you get the best chances of enjoying a good online betting experience.
Different bonuses provided by sports betting websites
One of the major benefits of opening accounts with online bookmakers and betting with them is that you’re provided various bonuses, and sometimes even free bets, allowing you to maximise your returns. However, you must acquaint yourself with all such bonus types before getting lured by them. You should also know how to make the most of them.
Different loyalty programs run by online bookmakers
Majority of these online bookmakers also run attractive loyalty programs that reward punters for their betting activity. As also mentioned above, you should know about all such bonuses and loyalty programs before opting for any particular bookmaker.
Frequently asked questions about online sports betting
If you are new to the online sports betting world, it is obvious that you’ll have several questions related to it. We’ll provide you answers to all these questions in an easy-to-understand manner.
A step-by-step guide to get started with online sports betting
We’ve already highlighted how betting online on portals like Bet365 etc. is by far the easiest way to place bets. Compare it with any off-line platform and its advantages are so many to ignore! Carry out a simple Google search and you’ll come across a great multitude of sports betting websites that are extremely simple-to-use and to bet on. In addition, with constant developments in the mobile betting arena, you can even place bets on the move, on your smart phone or mobile device.
But, there are several people who are still reluctant when it comes to placing bets on the Internet. This is mostly due to the fact that they really don’t have a clue about how to get started. In case this sounds a lot like you, let’s take you through some steps that can make it easier for you.
Step number one – Select a good sports betting website
Once you’ve made up your mind about online sports betting, the first thing you must do is select a website or an online casino (and bookmaker) where you can confidently place bets. You may think that it is quite easy to do so. Actually, it isn’t. There are so many sports betting portals out there on the Internet that it can get very challenging to shortlist a handful, leave alone picking one.
Following are some questions you must address before going ahead with a particular betting website:
– Is it owned and run by a reputed business entity, for instance as in case of Bet365?
– Does it have offer sport you’re interested in betting on?
– Can you make use of the provided deposit options on the website?
– Are you allowed to make deposits and place bets using your local currency?
– Are the minimum and maximum stakes/deposits in line with your bankroll management strategy?
– Are you allowed to place bets from a mobile device?
– Which all rewards and bonuses are offered by the website?
– Can you place live bets on that website?
– Are the lines and odds provided by the online bookmaker competitive and attractive enough?
Not just these, there are many major factors you’d need to consider when selecting an online bookmaker. Although all of the above factors may not come into play in your scenario, majority of them inevitably will.
One of the easiest ways of selecting a sports betting website is by simply referring to the recommended websites of seasoned punters. You can even go through portals that are ranked based on regions. This is because a website that works very well for European sports bettors may not be ideal for those betting from other parts of the world. Thereafter, you must go through detailed reviews of the shortlisted websites, and find out what people are saying about them on various betting forums.
Step number 2 – Open an account with the online bookmaker
Once you’ve figured out where to place your bets, the next step is opening an account with the selected online bookmaker or online casino. This can be done fairly quickly without any difficulties. All you require to do is visit the home page of the concerned online bookmaker, and look out for a link or button that reads ‘Join Now’ or something on the similar lines. Majority of the sports betting websites like Bet365, Betfair, Matchbook etc. make such buttons loud and clear for anyone’s spotting.
Once you click that button, you’ll be taken to a signup page. Here you’ll need to enter some personal details such as full name, home address, email address, date of birth, contact details etc.
You’ll also have to select a username and password for yourself. In most cases, these may be generated automatically for you. But if you do need to pick them up on your own, ensure that they’re not too easy to figure out. Although it’s pretty rare that anyone would be easily break into your account, you shouldn’t entirely rule out any risk from potential hackers.
Step number 3 – Deposit money
Once you open an account with an online casino or bookmaker, you’re all set to place bets on the sports events of your choice. However, before you go ahead and do that, you’ll need to deposit some funds into your account. Once again, this is a fairly easy process and can be quickly accomplished by looking for a button that says ‘my account,’ ‘cashier,’ ‘deposit funds,’ ‘deposit money’ or something else on the same lines.
You’ll come across various deposit options such as bank wire, debit/credit cards, cheque payments, Western Union money transfer, Money Gram money transfer, e-wallets like Paypal, Skrill etc., bank wire deposits and more.
All you need to do to successfully deposit funds into your betting account is select the preferred payment medium and then deposit money into it. In most cases, the funds will get transferred almost immediately. Whenever you’re making a deposit for the first time, make sure that you find out about any signup bonuses offered the bookmaker. You may have to take one or two more steps to claim any such bonus.
Step number 4 – Start placing bets
Once you have funded your sports betting account, you can start placing bets on different sports events. As with other steps detailed in this guide, this one is also pretty straightforward in nature. Majority of such websites provide you with a list of sports, leagues and/or events you can place wagers on. You can look at the presently available betting markets and go through the selections for each one of them (which will most likely be displayed next to their corresponding odds).
Any particular selection made by you will instantly get added to your betting slip. Once there, you must enter the exact amount you wish to bet, followed by confirmation of the bet. That exact amount will then get deducted from your betting account. Any successful bets are paid out almost immediately and automatically, right in to your sports betting account.
Following are some tips you can use in carving a successful betting career for yourself:
Always have a betting budget in place
This advice is very important for every sports bettor, regardless of whether he is a newbie or a seasoned punter. Furthermore, it also applies to all forms of gambling, including every off-line and online sports betting medium. It is very easy for people to get carried away when placing sports bets. Hence, deciding a budget beforehand is extremely crucial. Although the actual size of such budget may not be so important, what’s very critical is that it’s an amount that you can comfortably afford to lose. Once decided, it’s also very important to for you to stay within that budget.
Carry a comparison between odds and lines
In order to be successful at sports betting, it’s important that you look out for the best possible value in your wagers. This implies identifying the best possible lines and odds. This is far easier to do on the Internet that it is at off-line mediums, as sports betting websites like Bet365 and more, freely advertise their lines and odds to the potential bettors. They’re also pretty transparent about their various betting markets. Hence, all you require to do is shop around and locate the best available option for every bet you wish to place. This is also the reason why it’s best to open accounts with more than one sports betting portal.
Go through and understand the rules
Majority of rules associated with online sports betting are pretty straightforward and easily understandable. However, they can vary from one sports betting website to another. Hence, you must comprehensively go through the rules applicable to a specific betting website, so that you don’t face any surprises later. Determining whether a sports bettor’s actually worth placing bets or not may become very difficult for you in the absence of such information.
You must also refer to the terms and conditions laid out by the portal, in relation to its promo offers and/or bonuses. Many a times online sports bettors miss out some great opportunities by not paying heed to the promo or bonus terms. You’d like to steer clear from any such mistakes.
Place live sports bets
Another major advantage of betting on the Internet is that you can indulge in live sports betting or in-play betting at it is popularly known. In such bets you can actually place wagers even while the events are already taking place. Such betting is great fun and provides lots more earning opportunities.
Withdraw only a part of your winnings
In case all goes as per your plan and you’re able to score major profits from your online sports bets, you must withdraw only a portion of your winnings. Avoid spending everything you win and use a good part of your winnings to increase your bankroll. It’s always better to have some extra money whenever you face a losing streak or a downward trend.
Seek special offers
A large number of sports betting websites frequently run various promotions and offers which can come in several forms like cashback offers, better odds etc. All such offers are worth considering and benefiting from, as they can provide you some excellent extra value.
Any sports betting website that urges you to subscribe to its newsletter, or asks you to sign up for regular updates, basically does so to send out such promos and offers to you. Ensure that you avail such facility and stay on top of all such promos and offers. Else, you may regret it later!