Category: Sport Betting Tips

Online sports betting is a huge online industry, with new sites devoted to sports betting springing up all the time. You have to be careful, because, in addition to the hundreds of reputable sites out there, sites exist that are devoted to cheating customers rather than the sports betting that they purport to be about. Reputation, security, odds, and promotions like sportsbook bonuses are factors you should look for when evaluating sports betting sites.

Do a research before choosing a betting site

Many times, you can find out about the reputation of a site just with some simple internet searching. Do a search engine search on the name of a site, and then look for bulletin board and forum discussion results. There you’ll find personal accounts of what people have experienced at various sites. You can also find sites on the web that are devoted to separating the wheat from the chaff, so to speak, when it comes to gambling sites. These sites aggregate selections of gambling sites that are reputable so you can compare them easily.

Watch out for the online security

No doubt you are familiar with online security and the fact that you have to be careful who you hand over your credit card and other personal details to. The same is true for sports betting sites. Betting site aggregators do some of this work for you, ensuring that the sites they list use the latest in encryption and other security technology. Choose listed sites, and you can be confident that you’ll get paid. In fact, the top online sports books that are backed by offline corporations earn greater customer confidence than local bookmakers.

The odds matter

As for odds, online sports betting sites give you the odds earlier, and they are more favorable than with land-based betting. Many sites offer flexible betting limits and numerous betting options. You can make side bets, a vast array of prop bets, parlays, progressive parlays, and teaser bets.

Go for the sites with bonuses

When choosing a site for sports bets, look for sites with generous sportsbook bonuses. A sportsbook bonus is an addition to your real money deposit that the site adds to your account for free. With so many sites offering these bonuses, there is no reason to choose a site without them. Usually, these bonuses are calculated as a percentage of your first deposit. So if a site offers a 20% first deposit bonus and you open an account and put in $100, the site will add $20 to your account balance.

Betting online on sports is quick and simple at the top sites. You just go through the simple sign-up process, and in minutes you can be placing bets on your favorite sports. The convenience is unbeatable: you can bet any time of any day, and you can make account withdrawals at any time too, all from the comfort of your favorite chair at home. When you weigh up the advantages of online betting over in-person betting, going online is the clear winner for convenience, better odds, and the terrific perk of getting free bonuses added to your account.

So what exactly is this thing called sports betting? Well, first of all, the meaning can actually be derived from the name itself – betting on sports. Many people who watch their favorite sport like basketball or even baseball never fail to guess which team will win, although some are actually biased and they just root for their favorite team instead. In sports betting, you can’t play favorites, meaning, you can’t say that this team will win or that team will win simply because you have a gut feeling.

In addition, when gambling online, you generally just upload funds to the specific website or company you have registered with, use those funds to make bets and then cash out your winnings, if you happen to have any. You can use your credit or debit card to issue funds to your account and cash out with. Some United States banks may prohibit using their cards for internet gambling so you may find your card rejected if you do not know ahead of time whether you are allowed to use it. You may be able fund your account with a check or a wire transfer, also, depending on the policies of the gambling site.

Legal Issues Regarding Betting

In many parts of the globe, sports betting are actually illegal, especially in many states in the US, but, of course there are some exceptions to this rule, which includes the states of Nevada (famous for sin city – Las Vegas), Delaware, Oregon and Montana. So before anything else, make sure that betting is legal in your area. You don’t want to run into any implications right? Although many laws and acts regarding betting online have been tossed around, the issue of the legality of online betting has still not really been settled. Representative Barney Frank introduced the Internet Gambling Regulation and Enforcement Act in 2007, which sought to legalize internet gambling. Another representative, James McDermott, also proposed something called the Internet Gambling Regulation and Tax Enforcement Act, which describes how to regulate online betting websites while collecting taxes on bets made by anyone coming to that site. As of today, the bill is still being discussed and nothing has been officially determined regarding the legality of betting online.

History of Betting

No one really knows when widespread betting began but you can be sure that whatever sport is being played, there are bookies in the sidelines and wagers are being made. When animal racing became popular, people started betting on them and that hobby extended into sporting events as well. In Europe, football is easily one of the most popular games for sports bettors. But in Asia, cricket and boxing are more popular than football.

A Few Reminders for First Time Bettors

Just remember that when you are still new in the world of betting, everything has a system. Don’t bet huge amounts of money just because you felt like it. Start small and then work your way up. Choose which sport is for you and then choose a specific betting system that will increase your chances of getting a bigger payout. And lastly, don’t be impatient. Most professionals in the field honed their betting skills for a number of years.