What is Sports Betting?

What is Sports Betting?

As the online sports gambling industry has expanded, so have the players who bet only on sports. That is why we decided to write this sports betting guide to clear any misconceptions. Sports betting in simple words is the prediction of the result and wagering on sports games in a sportsbook. A sports game has various chances of occurrence, based on different factors. You need to choose the result that you think is the most likely to happen. The sportsbook then multiplies your stake with the betting odds and if you succeed, tops your casino account with the resulting amount.

The most popular games for sports betting are football, basketball, tennis, volleyball, and MMA. These are not the only sports though, as you can place bets on all sorts of activities like rugby, boxing, darts, baseball, and many more. The list of available options depends on the casino that offers a sportsbook with some of them reaching up to 40 different sports. All games happen in real-time with real teams playing.

How to properly choose a Sportsbook?

Make sure to check if the casino has an active regulated gaming license. This will ensure that the environment is secure, fair-play games are present, and the casino acts under a legal entity. We don’t recommend that players make bets somewhere where a gaming license is not present.

Different casinos offer different sportsbooks which may have what games you need or not. Create a casino account and explore the sportsbook game section to check that what you need is really there. Get comfortable with the gaming platform and how it works with the game of your choice.

A crucial step in choosing a sportsbook is to check if the casino offers No Deposit Bonuses or Welcome Bonuses that specifically reward sports betting players. These bonuses come in all shapes and forms, but it is important that you get the most out of a bonus that you will choose.

What betting types are present in Sports Betting?

Sports betting has different types and forms, as well as different available markets. The most popular markets include Moneyline bets, total bets, and betting the spread. Below we will examine some of the betting types, and what do they mean.

  • Asian Handicap – This type, also known as AH, is a type of betting that one team an advantage over the other. Usually, the underdog team is offered an edge by removing the draw option for punters. This bet type is used in Football matches.
  • 1×2 – This type of betting is usually the most popular option among sports betting players. This option simply means to bet on a draw, away win, or home win.
  • Both Teams to Score – Otherwise known as BTTS market, is when you stake on if both teams will score during a match. It is a very low risk market, especially when both teams that play are one of the best.
  • Over/Under – In a BTTS market the over/under is your betting prediction that a given event will occur over or under a certain threshold. For example, a football match may end with 3 goals, and it doesn’t matter what team scored.
  • Acca Betting – This is a bet type that has a player linking two or multiple bets together. Winning an Acca betting ensures much better wins. By placing bets on several selections, if all of them win or the amount gets multiplied, the player can cash his winnings.

Sports Betting Wagering

If you have activated a bonus or a sports betting promotion from the casino there will always be a wagering requirement for you to complete. Make sure to read carefully what those requirements are, as some bonuses will have you making specific bets or having specific odds in order to clear the wager. Only after that condition is met, you will be able to withdraw your winnings.

Sports Betting FAQ

We have gathered a small list of the most popular questions and answered them in this FAQ. Make sure to check the answers, as they may clear any fears you may had regarding Sports Betting.

It is indeed. Sports betting is one of the most active online gaming activities, authorized by all sorts of gaming authorities. All sportsbook games are legal as they follow betting guidelines set by the United Kingdom Gambling Commission.

Can you win real money betting on sports?

Yes, you can. Real money bets will reward you with real money wins. But, you should always check if you have cleared the wagering requirements to withdraw your wins from bonuses and promotions.

This usually depends on the player’s preferences and the country of residence. For example, most of the European countries mostly bet on Football, whereas the United States bets on basketball.

Is there a best betting market?

There isn’t per se, but we would say that the most betting market is the favourite to win or the 3-way bet. It is really simple, allowing new players to quickly get into it and easily make bets. However, keep in mind that more complex markets always have better rewards than the simple ones.

Meet Den, our seasoned gambling pro and head of BonusManiac. With a friendly and approachable style, Den delivers insightful casino reviews that make your gaming journey smooth and enjoyable. He breaks down the complexities of online casinos into simple, straightforward advice, just like a good hand of poker.

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