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Sports Betting Online
Long gone are the days when a sports bettor had to go in search of a betting shop, land based sports book or illegal bookie in order to place a sports bet. The advent of online sports gambling has brought legal sports betting to the computers, tablets and mobile devices of avid sports bettors from all corners of the world.
To state that online sports betting is in its heyday would be a gross understatement. With the ongoing legalization of sports betting in North America (US), all over Europe and moving soon into parts of South America and Asia, the world of sports betting has changed forever.
The following information is intended to serve as a guide regarding where things currently stand in the world of sports betting sites. The discussion will center on where and how to find reputable online bookmakers, how to use online sports betting sites and online sports wagering trends that are sitting on the horizon.
Where And How to Find Online Bookmakers
If you are an avid sports bettor, you no doubt know there are literally dozens of legal betting sites in operation all over the globe for novice and experienced sports bettors alike. While a great many of the current available online sportsbooks are legitimate, there’s still a number of rogue operators out there that warrant scrutiny. It’s incumbent on each and every sports bettor looking for sports betting access online to do the proper due intelligence to ensure they are going to get a fair shake.
The search for a sports book can start by simply googling those world. In every region of the world, a list of the most popular and relevant sportsbooks available in the region will pop up. Now, it’s simply of choosing the online bookmakers that’s going to deliver what the sports bettor wants/needs. By the way, you should confine your search to online operators that are offering sports wagering services under the rules and licensing provided by top regulatory agencies like the Malta Gaming Authority and the UK Gambling Commission.
The selection process for the new or novice sports bettor should focus on each website’s available betting markets, potential access to a mobile app and the amazing list of bonuses and betting promotions being offered. For the most part, the available betting markets and existence of a mobile betting app have become rather generic requirements across the sports betting industry. That leaves bonus packages as the primary way a sportbook has to compete for business.
As a sports bettor, you are looking for as much extra value as you can get for every one of your wagering dollars. The sports betting industry has become so competitive that they are aware they have to compete for you patronage. It’s your responsibility to make them compete by bringing some really lucrative bonus offers to the table.
The best bonus offer you’ll likely see from an online bookmaker will be each respective online bookmaker’s welcome offer. You can expect to see such offers include a matching bonus based on the amount of your first deposit or the amount of your first life sports bet. You’ll have a tendency to gravitate toward the bonus offers with the largest dollar value. Be careful. You also have to concern yourself with the bonus’ terms and conditions. A $500 matching bonus might initially seem great, but what happens when there’s severe time restrictions and a bookmaker friendly rollover requirement: You might get the bonus money but the prospects of turning that bonus into cash you can actually put in your pocket might be near impossible.
If you decide to select your online betting site based on the value of a welcome bonus offer, you need to understand that the best offers are the ones that come with a decent bonus amount along with player friendly terms and conditions. FYI: a rollover requirement exceeding five times the amount of your bonus is a big mountain to climb if you want to turn your bonus into your cash.
How To Use Online Bookmaking Sites
In most cases, the registration process is going to be rather simple no matter which bookmaker you choose. Once you have a registered account, you can fund your account. The top online bookmaking sites will offer a nice selection of banking options, usually including credit cards, wire transfers and e-Wallet options. The industry is also in the process of adding certain cryptocurrencies (see Bitcoin) as another viable banking option.
Once your account is fully funded and you welcome bonus amount is in hand, you are officially ready to start betting on your favorite sports and sports teams. Most online bookmakers and sports bettors are equal opportunity supporters of sports being played all over the world. That’s the reason you should have no problem locating the sports betting markets that interest you the most. If you plan on doing some online football betting (both soccer and the NFL), you should have no problem finding that betting option with most any online bookmaker.
Here’s but a partial list of the betting markets you would likely encounter with any online sports book: European football (Premiere League, Champions League, etc.), NFL, NBA, NHL, MLB, Aussie Rules Football, rugby, cricket, golf, tennis and boxing. You might also get access to secondary sports like cycling, handball, darts and motor racing. Finally, special events like major sports tournaments (Olympics, World Cup Soccer, Super Bowl), elections and award ceremonies might also be represented as a viable betting market.
As far as betting options, straight bets, parlays (accumulators), teasers, proposition bets and future book bets are pretty standard fair within the sports betting industry. You should also be able to find in-game betting options. The only thing that’s likely to differentiate one online bookmaker from the next would be the betting limits.
Those are your betting choices. Now, it’s just a matter of you learning how each respective online sports wagering site operates as far as putting betting slips together and getting the wagers approved.
If you are fortunate enough to win a few dollars and want to make a withdrawal, you should be able to make such withdrawals through the same banking options you used to make your deposits. Note: while deposits are typically recorded immediately, it could take you up to 72 hours before your online bookmaker decides to release your withdrawal request.
Online Sports Wagering Trends
In an effort to meet the needs of a growing population of online sports bettors, the industry is always innovating faster and better ways to deliver content to sports bettors.
The latest innovation in the industry has been the move towards mobile sports betting. It’s pretty common now for a sports betting operator to offer access to a mobile app. Most mobile apps are available for free through a link provided by the respective website. The sports betting apps look and function exactly like the app’s parent website. Regardless of which operating system (Android, iOS for Apple) your mobile device(s) is compatible with, you should have no difficulty getting mobile access to place bets. BTW: experts estimate that more than 50% of all sports wagers are being placed through mobile betting sites. That number is expected to keep growing until well into the future.
Another recent innovation has been the inclusion of in-play sports betting options. Online sports bettors now have the ability to wager on certain events or outcomes while the game is in progress. This has facilitated the need for online bookmakers to provide streaming access to live events for which in-play wagers are being accepted.
Betting Tips to Use on Sports Betting Sites
With the advent of online sports wagering, a new breed of online gambler has been introduced into the online sports wagering market. If you are a novice online sports bettor, you might be interested in picking up some wagering tips to help level the playing field with your favorite online betting operator.
First and foremost, sports betting is a fun and exciting form of adult entertainment. It also has the potential of being addictive to some unsuspecting bettors. It’s your responsibility to gamble responsibly. That means never gambling more than you can afford to lose. It’s just that simple. If you run into any potential problems, your favorite online bookmakers should be able to guide you where help is available.
Moving on, the most successful sports bettors are the ones who are willing to invest time and sometimes money into their handicapping efforts. What you might not realize is most online sportsbooks do provide customers with access to handicapping data, sports news, handicapping features and sometimes, free picks from experts. You are well within your rights to use any information you can find to help you make the best wagers possible.
You’ll also want to learn as much a possible about “bankroll” management. Your wagering bankroll amounts to the number of bullets you have to fire at your online bookmaker. You don’t want to get in the habit of firing all your bullets on one bet. If you were to win, that’s great. If you were to lose, you are left scrambling to get more bullets. As a rule of thumb, you never want to risk more than 5% of your bankroll on a single online wager. The longer you can keep yourself in play, the longer you give yourself a chance to hit the proverbial “hot streak.”
Finally, you want to make the time you spend betting sports online as enjoyable as possible. That means don’t get so caught up in the drive to win money that you forget to have fun. Over time, you will develop a relationship with your favorite sportbook or sportsbooks online. They’ll look after you in the form of offering some extra bonuses and perks generally reserved for loyal sports bettors. When you reach that point, you’ll be able to get everything you want from your online sports wagering activities.