Basic Guide To Sports Betting For Newcomers

Sun, Aug 28, 2022
by CapperTek

Nothing comes close to the thrill of placing a bet on live sporting action, as it ensures that bettors have more riding on the game than just supporting one of the teams that are involved.

Many of the best sports betting sites cover a range of options nowadays, which has made it potentially more daunting for newcomers to get involved and sign up. However, below, you can find out more about sports betting, such as the markets available and what to consider before signing up for a sportsbook.

Sports Available

Newcomers to sports betting will be able to wager on a wide range of sports online, with popular selections such as soccer, American football and basketball all readily available. However, more niche sports will also be available, with leading sites offering eSports, bandy and netball. No matter your sporting interests, bookmakers online always have you covered.

Betting Markets

There is a wide range of betting markets available online, with the most popular being readily available across the majority of the popular sports. Some of the most popular markets can be found below.

Moneyline Betting

One of the most popular ways to place a bet on the live action can be done in the moneyline market. Here, bettors will simply be placing their wager on the team that they believe will win the match. Winnings are paid out as soon as the match has concluded if your selection is correct.

Spread Betting

When it comes to the popular sports in the U.S., such as wagers on the NFL, NBA and NHL, spread betting is often preferred. The main reason for this is due to there being extra value in selections. The favoured side in the moneyline market will always have to cover a certain number of points or goals in order for the selection to be a winner. For example, if a team starts at -6.5 in an NBA fixture, then the selection must win by at least seven points in order to get returns.

Over/Under Betting

One of the most popular alternatives from betting on the match outcome is often in the over and under betting markets. This market will set a benchmark for bettors to wager against, whether in terms of total goals, points or corners. In order to get returns, bettors will need to be correct with their selection. For example, if the bettor wagers on over 3.5 goals in a Premier League fixture, then there must be at least four goals to get returns.

What Should I Look For In A Sportsbook?

Before signing up for a sportsbook, new customers should always examine a number of aspects. Most importantly, they should ensure that they are signing up for a reliable sportsbook that meets regulation requirements. Next, the sportsbook should hold a license from a respected body.

Bettors should also explore the sportsbook before signing up to ensure that they have the relevant markets that they want to bet on. Finally, bettors should always look at the latest welcome bonuses, as these often ensure that the money from your first deposit goes further.