Sports – betting online and the multitude of options
Sports betting is becoming increasingly popular, as many different platforms and providers are now available. However, with so many options available, it can be hard to know where to start. This article will help you understand the basics of online sports betting to make informed decisions about where to place your bets.
Read on to learn the basics to start your sports betting journey.
What is sports betting?
Sports betting is when you wager money on the outcome of a sporting event. This can be done online or in person at various casinos and sportsbooks. Many different types of bets can be placed, and the bookmaker usually determines the odds. Sports betting can be a fun and exciting way to make extra money, but it is essential to know what you are doing before making any bets.
The number of betting options can seem overwhelming at first, but once examined closely, it can help carve out a niche for you to start winning. It’s always worth noting that betting isn’t just limited to a team or participant winning or losing. It would be points scored, the number of fouls, the duration of the event, or many other possibilities.
Is betting on sports online worth it?
The answer to this question depends on a few factors. First, what types of sports are you interested in betting on? Second, how often do you plan on betting and can you afford it? And third, what is your level of experience with sports betting?
Some sports have more stats to study and find gaps in the market, while others have accurate tipsters that could help you win. There are plenty of online resources that can assist you in learning the ropes. If you’re planning on betting on less popular sports, then tread carefully. There aren’t as many statistical resources available for those who want to bet on less popular sports, and the competition is generally more challenging. However, if you are an avid follower or player of a lesser-known sport, your intimate knowledge may benefit you.
As for how often you should bet, that depends on your level of experience. If you’re a beginner, it’s probably best to start slow and only bet on a few games each week. As you get more experienced, you can begin betting more often. And if you’re an experienced bettor, you can probably handle bets daily. This, of course, all hinges on your ability to afford losses. It’s advisable to gamble only with what you can afford to lose. Don’t use money earmarked for living expenses to gamble. It’s also not wise to “count your chickens before they hatch” and assume victory is around the corner.
Ultimately, whether or not betting on sports online is worth it depends on your individual situation. If you’re interested in trying it out, then there are plenty of sports to choose from and plenty of websites to use.
Common mistakes made when betting on sports
When it comes to betting on sports, there are many different options, and it can be confusing for those new to the world of online sports betting. Let’s discuss some of the most common mistakes made when betting on sports:
One of the most common errors is not doing your research. This is especially true if you are new to online sports betting. Knowing the ins and outs of the different sports and betting sites is essential before you start placing bets.
Another mistake that is often made is not shopping around for the best lines. Line shopping is when you check different sportsbooks to see who has the best odds for the game or event that you are betting on.
Overexposure: This simply means that you bet more than you can afford to lose and break the primary rule of gambling,
“Chasing losses”: One of the hardest things to do when betting on sports, or anything actually, is to accept your losses and move on. People often try to recoup losses by having bets they would never place under normal circumstances. You might get your money back in the short term, but this is a recipe for disaster in the long term.
Finally, but most importantly, make sure you choose an online betting site with a solid reputation. There are a lot of scams out there, so you need to be sure that you are using a reputable site. Have a look at our site and check out the options – all of which have been vetted by our in-house team.
Best sports for wagering
There is a multitude of sports that you can bet on when you are gambling online. However, some sports are better to bet on than others. Here is a list of the best sports to bet on when you are gambling online:
Football: Football is one of the most popular sports in the world, and it is also one of the easiest to gamble on. There is a slew of possible bets that you can take on football matches, making it easy to find a bet that suits your needs. In addition, a ton of daily games means there is never a shortage of events for your betting needs. However, it is worth noting that the betting offered tends to be incredibly accurate due to its popularity as the market-driven demands iron out most pricing errors. As a result, there is still good money to be made on lower leagues and exotic or unusual bets.
Horse racing: Horse racing is another in-demand sport to gamble on. There are a variety of different bets that you can make on horse races, making it simple to find a great bet. There are many successful tipsters in horse racing, however, the markets tend to fluctuate significantly, making their winning claims dubious as they always use the top odds when providing win/loss sheets of past selections. This is one sport where early “inside tips” or expert knowledge can lead to big wins.
Tennis: Tennis is a well-liked sport for gamblers. There are many varying betting options, ensuring you have the chance to find the one that is best for you. Possibly the sport with the most following in the female category, the appeal of tennis never seems to slow down. Finding an up-to-date scoring website can help in-play bets, and examining lesser-known wagering options can be profitable. These include the number of aces, double faults, games, sets or even line call challenges.
Boxing and MMA: Two opponents in a ring – betting on boxing or mixed martial arts should be simple, right?. Well, not so fast – since gladiatorial times, wagering on fights has been unpredictable. However, the many betting options available mean that there are a variety of bets that you can take on boxing matches, making it easy to find a bet that is “your cup of tea.”
Rugby: Surprisingly, betting on rugby has proven to be a successful route for many professional punters. One can go low on a points spread in inclement weather or back the underdog. As the trade volumes are lower, the markets can sometimes be inaccurate, which presents winning chances for astute punters.
Cricket: Particularly popular on the Indian Sub-continent, cricket has a following which may not rival football but probably comes in a distant second. With players treated like rock stars and a massive surge in prize money over the last decade, wagering on cricket has caught the attention of many savvy gamblers. With betting options such as total runs for each over, the number of wides, runs spreads for batsmen and much more, cricket presents mouth-watering winning chances. What is particularly appealing for many viewers is the betting in-running facility. Much like football, you can adjust your position in the game depending on the flow of play. And, of course, betting on every single ball keeps fans enthralled.
Golf: Very popular for in-running bets over the three or 4-day tournaments. Golf has many professional punters who regularly show a tidy profit. With the formation of the Saudi-backed LIV Golf Series, there are even more regular opportunities to win. Due to the large fields in events, golf can sometimes have surprising results. But, where longshots are prevailing, some punters have won a fortune.
American Football/Gridiron: While not popular worldwide, this sport has an avid fan base in North America. And, with betting becoming legalised in many U.S. states, betting turnovers are set to soar. However, spreads on this sport are notoriously accurate, so intimate knowledge of this pastime is essential.
Basketball: A bit more of an international appeal than gridiron, basketball is also played and enjoyed in many European and South American countries. Again, spreads tend to be accurate, but there are a few exotic bets that offer fantastic winning chances. These include total points on the game or a specific player or team.
Baseball: A limited appeal outside of North America and Japan, baseball represents a fair opportunity for those die-hard fans that live and breathe the sport. For the rest, it’s best to tread slowly when wagering on baseball.
Ice Hockey: Popular in most cold weather regions of the world, in recent years, ice hockey has gained traction and turnover from a betting perspective. While Canada, US and Russian punters remain the most active in this sport, gamblers from the Nordic regions are certainly increasing their participation. Again, it’s a specialised sport best left to avid fans.
Australian Rules Football (or Footie): While an intensely regional sport, footie represents massive opportunities for all gamblers in that region. Their deep knowledge of the games and players gives them some superb opportunities to spot pricing errors.
Track and Field: Obviously, the pinnacle of these events is the Olympic Games, where every four years, the turnover surges. But, with The Commonworld Games, World Championships and regional events, there are a staggering amount of wagering opportunities pretty much year-round. As with any sport, it’s vital to separate any loyalty or support you have for participants when wagering.
While the above listed are the most popular sports in the world to wager on, the bottom line is that you can bet on any organised sport you love – no matter how obscure. So, whether it be the most popular sports, or obscure ones such as squash, table tennis, volleyball, persapello, greyhound racing plus many others.
Biggest sports betting wins
Every sports fan knows that feeling of watching their team or favourite player win. But what about the fans who bet on their team? When they win, they not only get the satisfaction of seeing their team win, but they also get a big payday! Here are some of the biggest sports betting wins in history.
In 2011, one lucky U.K. punter placed a £2 bet on an accumulator at odds of 25,000/1. The bet included all five home nations winning their opening games at the Rugby World Cup. Amazingly, all five teams won, and the punter collected a staggering £500,000 in winnings!
In 2015, another lucky fan from England placed a £5 bet on Leicester City to win the Premier League at odds of 5,000/1. Leicester City was not expected even to come close to winning the title, but they went on an extraordinary run and ended up winning the league by 10 points! The fan collected £25,000 in winnings from his £5 bet.
In 2016, a Scottish gambler placed a £2 bet on Celtic to win the Scottish Premiership at odds of 1,667/1. Celtic had been dominant in the Scottish Premiership for many years.
These are just a few of the huge wins in recent history. With patience and luck, the next one can be yours!