Sports betting is one of the most popular ways of enjoying iGaming – in other words, playing using real money online. There are some people that are interested that have never tried it though, and if you are one of those we have a few tips to help you get started.
Pick Your Sport
Soccer is the most popular game in the world, but that does not mean it is your favorite sport. Generally, you will enjoy betting more on a sport you have an interest in as then you will know more about the teams and players, and will be able to have a better idea and make more informed choices. There are very few sports you cannot bet on, so check out your choice to see if you can place a wager on it.
Learn About Odds and Probabilities
Betting without understanding how it works is like crossing the road with your eyes shut, you shouldn’t do it. There are different ways of calculating the odds and probabilities depending on the sport, the country it is being played in and the where you are placing your bet. Calculating odds is not simple and involves percentages and decimals being used. Bookmakers are very experienced at working them out and have the latest technology to help them.
Upcoming events are always shown online with the odds the online bookmakers are offering. These can vary from site to site and it is worth checking out which one is offering the best odds on the wager you are considering.
Betting On Single Games Or Multiple Games
Betting on a single football game has only been allowed in recent years. There was a time when bookmakers would not accept such bets, and if your chosen game was football, the only way was to predict and bet on the outcome of several games. In 2017, a UK woman won almost $1million on a multi bet by picking the teams she liked the name of, off a bet of £ 1. There are various different types of bets which naturally influence the odds but also the rewards should you win, including spread betting, flexi betting, Asian and European handicap.
There have been many big wins for a small stake, but you have to be very lucky to get the results right for several matches. If you are confident you could predict the results for a few games, it is a great way to win some money and have fun at the same time.
Big Or Small Events?
With all the attention the media gives to large sporting events such as the Olympic Games, the UEFA World Cup, boxing, and many others, you will have the pundits giving their views on who will win, as well as your own thoughts. For this reason, some people only ever bet on larger events, but that does not mean you cannot win money by wagering on the smaller events too.
You can learn a lot about the sport you want to bet from the TV commentators and should listen to what they have to say. You do not have to agree with them, of course, but they may well point out something that had not occurred to you.
You should also make sure that you understand spread betting, live betting, flexi betting and just about every other type of sports betting before you spend any of your money. Different ones can be more suitable for different sports, and you will find lots of online resources that explain them all in great detail.