From the Euro football tournament to the world-famous Wimbledon tournament, there’s so much going on this summer that it’s hard not to get involved and place a sports bet. Whichever is your sport of choice, you have so many options online for betting, and getting incredible odds and extra sign-up incentives! So how do you go about it?
- Choose your sport betting site
Make sure you choose a site that you can trust – especially as you will be sharing your personal details, including bank account and card details to fund your bets.
Sites like PaddyPower, BetFred, Bet365 and Ladbrokes are all familiar names that are trustworthy and reputable to use. You can find more such credible sites from the deutsche wettanbieter blog. Choose the right platform that suits your requirements.
- Understand what each bet means for you
There are lots of different betting options that you can choose from so make sure you pick the one that suits you best. For example, if you want to bet on the Euro tournament, one of the most popular betting choices is the accumulator bet. This will allow you to accumulate bets across the tournament, making it a more exciting prospect than a standard “straight bet”, or even the “points spread bet”.
- Best odds for you
Getting the best odds for your bet will determine how much you will end up winning so it pays to make sure you do your research beforehand. One site might offer you Belgium to win the Euro tournament at 6/1 whilst another might offer you 8/1. Although the odds won’t differ significantly, it could be the difference between a larger amount of money and a smaller one – so make sure you do your comparative research before placing your bet down!
- How do I place the bet
Once you sign up to an account with your chosen online betting site, placing a bet couldn’t be easier. Firstly, you must be over 18 year old in the UK to bet, and only use your own funds to place a bet, but then you’re all good to go! Simply make sure you have the required amount you wish to bet with on your betting site account and then go to the sport you wish to bet on. Choose the type of bet you wish to place, then who you want to bet on to win, or score, or whatever you want the deciding factor to be. Then once you’ve set all this up, click “place bet” and the rest is all automated! Overall, stay informed with daily sports betting update, so you never miss a betting opportunity.
- Withdrawing your winnings
If you win your bet (congratulations!), it couldn’t be easier to withdraw your funds from your online account. Simply log into your profile, and select “withdraw funds” (or whatever is the similar wording), and it should take less than 2 working days for you to see your winnings in your current bank account!
However you choose to bet, whether it’s on the football, the tennis, the Olympics or otherwise, always make sure that you are only using money that you can afford to lose. All bets come with a risk factor, regardless of the odds, so it’s important that you never use more money than you can easily lose. Betting should be fun, make sure to keep it that way!
Sports betting math – How to win money in sports betting?
For people gambling at online casinos, placing wagers on sports events is common, particularly if it’s a big game like Super Bowl. If you are a sports lover you are likely to get into sports betting sooner or later. Since you are already a fan of some college or sports team, you are likely to have an urge to place bets on your favorite players and teams.
Sports’ betting is not easy; the calculations involved are typically complicated. Depending on the type of sport you like to watch, you have to consider things like player injuries, quarterback ratings, underdogs, etc. Without considering these factors and knowing the math behind betting it may hard to beat the bookie.
How does betting work?
If you were to visit a sportsbook and find that there is a big game that evening, you may consider placing a bet on the outcome. You will find certain numbers on the wagering board that mean nothing to you. If one team has a minus sign next to it, it means that the team is the favorites. There is likely to be a number which stands for the total; the under/over of the expected points to be scored in the game. If you think it will be a high/low scoring event you can place bets on the total points. To lay down a wager, you must know which bet type you want to place, the amount you want to bet, and the number of the team you picked.
After deliberating, you may decide to place a bet of $100 on your favorite team. If you were to bet on Redskins, for instance, they must win by 5 and more to cover the point spread. Alternately, you can “take” the points where the opponent team (Cowboys, for instance), have to lose by 3 or less in order for your wager to win, or if the opponent wins outright. This looks quite simple on paper, but the truth is that sports bettors will always look at other factors which can affect the outcome of the game. For example, they will consider the weather or read up about player injuries.
Bookies will make profits, no matter what happens. For example, if you were to bet on Redskins and your best friend was to bet on Cowboys, you both paid $10 to a bookmaker. The bookies must hand over $210 to whoever wins the bet whereas the total bet placed as that of $220. So, the $10 profit stays with the sportsbook, regardless of who wins the bet and this is called “vigorish”.
Bookies will always consider weight of books and tweak the odds as well as other factors to ensure their books balance. They will usually root for the underdogs; if there are a lot of favorites winning in a short time the bookie can end up losing a lot of money. If there are some setbacks and upsets, they end up making big gains. To win bets in sports, you have to remember the magic number 52.4%. If you can win this percentage of your total bets, you will break even.