Every beginner bettor should know at least the basic sports betting tips. Here is your ultimate guide on how to bet on sports at online sportsbooks.
Sports betting has become extremely popular over the past few years. In some countries, it is a completely legal way to make a profit from betting on sports competitions. Therefore, more and more bettors join online sportsbooks to bet on their favorite sports.
If you want to join, you need to learn how to bet on sports online first. Below you will find a brief introduction to sports betting alongside common betting terms and some good online sportsbooks.
Choosing a good online sportsbook
The very first you need to do if you want to bet online is to choose a reliable online betting site (sportsbook). In order not to register at a shady website, pay attention to some details.
Firstly, a good online sportsbook has to be licensed. If it is not, there is a high chance of your personal information being leaked or stolen. So, always pay attention to the sportsbook license on the main page.
Read reviews about a sportsbook. Sometimes, reviews and rates can help you to avoid unreliable bookmaker sites. Also, pay attention to bonuses the sportsbook gives. Usually, big betting sites offer welcome and deposit bonuses as well as some exclusive deals. Check how the best online sportsbook deals look like at most betting sites.
Finally, the sportsbook’s design and variety of betting markets can say a lot about the site. The sportsbook has to be well-structured, have all the necessary information about it, and have 24/7 customer support.
Understanding betting odds
The next thing to do is to understand betting odds. You can’t learn how to bet on sports without knowing the odds. You can read more about betting odds and ways to calculate them here. Meanwhile, we will still list three types of odds that exist at online betting sites.
American odds or moneyline odds are used at American sportsbooks. They look like a number with a plus or minus in front of it (e.g. +100, -300, +440).
Decimal odds are popular in most European countries, Australia, New Zealand, and Canada. A typical decimal odds look like this: 5.00, 30.00, 100.00,
Fractional odds are used in the UK and Ireland. They are shown as fractions and are believed to be the most difficult to calculate. Example: 3/1, 6/4, 10/12.
How to bet on sports to win – 5 tips for beginners
If you want to bet on sports for the first time, here are some important tips to remember. Surely, they don’t guarantee that your stake will win as sports competitions are unpredictable. However, they can slightly increase your chances of winning, especially if you bet long-term.
- Don’t bet on favorites with the best odds all the time
- Check the odds right before the competition
- Learn about sports you are planning to bet on
- Don’t bet more money than you can afford to lose
- Use bonuses and promotions to benefit from sports betting
