Most people love to bet on sports, and the global betting industry is valued at almost US$16 billion. Whether you enjoy a small win or a big hit, betting on sporting events is an easy way to make money.
Most people enjoy betting on sports as it provides them with more entertainment than just watching the event by itself. However, people who enjoy betting on sports often find the process quite challenging. If you’re looking to get involved in sports betting but don’t know where to start, keep reading.
Make Sure You Bet On The Right Events
One of the first things you need to do if you want to be successful at sports betting is to make sure you bet on the right events. There are lots of different sports you can bet on, from American football to horse racing, but not all of them are profitable for you to wager on. Before you start placing bets, it’s important to consider the odds and decide whether or not to bet on an event.
Many people get involved in sports betting because they enjoy the thrill of victory or the excitement of a win, but avoiding financial ruin by picking winning teams is the key to being a successful sports bettor. In most cases, you’ll find that you have to put down a 10% deposit to have access to the betting site, which can be potentially profitable but risky. In general, you should avoid events with high over-odds, which essentially means the favorite is more than likely to win. Instead, you should wager on events that have even odds or under-dogs, which are considered to be a bit of a long shot, but have a chance to win.
Pick The Right Betting Site
Another thing you need to do if you want to be successful at sports betting is to pick the right betting site. There are lots of different sports betting sites available, all with unique features and benefits. Before you make a decision, it’s important to do your research and make sure to choose a site that has the features you need and wants to bet on the sports you enjoy. Some of the more reputable sites are listed below, along with a brief review about each one.
Bwin is one of the more well-known online betting sites, with offices in over 40 countries and countless fans across the globe. The betting exchange is a member of the relevant international associations such as the Financial Services Authority (FSA) and the UK Gambling Commission, ensuring that they operate within regulatory boundaries. Additionally, this sportsbook accepts wagers from UK customers, ensuring that at least part of their operation is based in England. For US-based players, this is great news since the site is regulated by the state of Delaware. While Bwin offers a decent variety of betting markets, it also has a less-than-perfect reputation for customer service. If you’re looking for an alternative to Mybet or Pinnacle, Bwin is a good choice as it provides excellent value for money. On the downside, the site is a bit slow and can be frustrating when trying to place a large wager.
Bet365 is one of the biggest and most popular betting sites globally, with offices in London, Dublin, and Mexico City. Although the odds offered by this sportsbook are typically good, it can be frustrating to place a bet on an event and have it turn out badly. This is mostly due to the fact that the site is so popular, and therefore, so busy. Sometimes it can take ages to get your bet settled, and when that happens, it’s usually because the bet was placed during a time when the betting market was extremely volatile or changeable. The good thing is that once the bet is settled, the winnings are usually paid promptly. On the downside, this bookmaker’s odds are generally poor, and they don’t always match the over/under odds offered by other sportsbooks. Additionally, this site is famously known for its customer support, which is generally bad, and slow, with some calling it the ‘CSI’ of gambling sites. Finally, since this site is available internationally, wagering restrictions can be an issue for non-English speaking individuals. For a truly international sportsbook, that can be a serious roadblock to crossing the pond.
International sports betting fans will enjoy the fact that Interwetten is available to them, providing Germany-based fans with a glimpse of the fantastic world of international sports betting. Like most other sportsbooks, this one offers odds on a variety of sports, including football, tennis, handball, and more. However, unlike most other sportsbooks, this one also provides fans with the opportunity to place wagers on international sporting events, including Confederations Cup games, World Cups, and more. Additionally, since this site is regulated in Germany, it is protected from any laws that may threaten its solvency. This is why it is often referred to as ‘The German Pinnacle,’ and why so many German punters visit the site whenever they are looking for international sporting action.
MisterWOOO offers online sports betting from the UK, with customers sharing a passion for football. This bookmaker was launched in 2010 and is owned by Bet365, one of the largest and most established sports betting companies in the world. Like many other sportsbooks, this one provides odds on a wide variety of sports, as well as a full schedule of upcoming events, making it easy for UK-based sports fans to stay in touch with their favorite teams and competitions.
Paddy Power is one of the biggest and most popular sportsbooks in Ireland, with over 500,000 active users. One of the unique features of Paddy Power is that it rewards its users with a free ticket to every NFL game, as well as other live sporting events, such as tennis and golf tournaments, with the value of the ticket being added to their account. While this may sound like a great idea, it can be quite addictive. Since this bookmaker relies on user engagement to generate revenue, frequent flyers may experience a lot of ‘banner blindness,’ with some even falling victim to ‘penny pinchers,’ where they are lured in by the promise of a free bet but then find themselves trapped in a world of endless offers.
Bet Victor is one of the newer sportsbooks around, but it has quickly climbed the ranks and is now one of the best betting sites for international sports fans. This ‘odds maker’ has a simple yet effective betting layout that doesn’t take up too much room on the screen, meaning more money can be placed on-screen for longer. As a result, this one usually has faster load times than other books, as well as better odds, which makes it a good choice for those looking for some excitement in their online betting activities. Due to the nature of the business, this bookmaker does not offer any markets on political events, such as elections, referendums, and the like. That being said, they do offer bets on sporting events, and it is here that they truly shine.
Being able to bet on your favorite sports team is great, but taking part in international betting is even better. If you want to try your hand at international sports betting, make sure to check out some of the best sites available, where you can place bets on the world’s most popular sports. Of course, if you are located outside of the UK and want to place wagers on Football, be sure to check the legislation in your country of residence to see if and where sports betting is legal.