How to Bet on Sports for Beginners: Tips and Bonuses

How to Bet on Sports for Beginners

Sports Betting Online

Sports Betting Online – The football landscape is quite big, interesting, and entertaining at the same time, with varied betting terms such as Draw No Bet, Correct Score, Accumulator Bets, and First Goals Scorer among others. Successful football betting calls for having the relevant knowledge on the varied types of bets, team or country history, their managers, and playing style.

How to Bet on Sports for Beginners:

1. Favorites vs. Underdogs

When the bookmakers release a betting line on a game, the first thing they do is decide which team should be the favorite and which should be the underdog.

The favorite is the team that is expected to win the game and will get a minus sign next to its odds, while the underdog is expected to lose and gets a plus sign. If the game is a toss-up, books will open it as a “pick” or “pick’em.”

2. Spreads

There are two main ways to bet on a favorite or an underdog. The first is the point spread, which is a bet on the margin of victory. A favorite “gives” points, while an underdog “gets” points.

For example, say the Man United are 7-point favorites (-7) against the Liverpool or Real Madrid.

3. Moneylines

The second way to bet on a favorite or an underdog is on the moneyline. This is based solely on which team will win the game.

Favorites are given a “minus” designation, such as -150, -200 or -500. If a favorite is -200, that means you have to risk $/€200 to win $/€100. If the favorite wins, you get $/€100, but if the favorite loses, you’re out $/€200.

Because favorites are expected to win, you assume more risk when betting on them.

Underdogs are given a “plus” designation, such as +150, +200 or +500. If an underdog is +200, that means if you bet $/€100 on them and they win the game, you get $/€200. If they lose the game, you lose only the $/€100 that you risked. Because underdogs are expected to lose, there is more of a reward when betting on them.

Moneylines are available for all sports, but they are predominantly used when betting on lower-scoring sports like football, tennis, baseball, hockey, basketball.

4. Over/Unders (Totals)

In addition to setting a line for the favorite and the underdog, bookmakers will also set a total number of points scored in a game by both teams combined. This is called the total or over/under.

Bettors can then wager on whether or not the game will go Over or Under the total.

5. What Is the -110 Number Listed Next to My Bet? 

The Bookmakers put a “tax” on every bet, which is typically called the “juice” or “vig” (short for “vigorish”). The juice is the commission you have to pay to the bookmaker for them to accept your wager.

6. How to Place a Bet

With legalized sports betting spreading across all Europe and America, sports bettors have never had more options to take advantage of.

One of the  the most trustworthy and legal sportsbooks that has boosted odds and takes bets online is

7. Where to Place a Bet: Best Online Sportsbooks

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8. How Much to Bet

In the end, you have the final say on how much to risk on a game, but a good rule is risk only what you can afford to lose. Sports betting is a marathon, not a sprint. There will be good days and bad days. As a result, we recommend a flat-betting approach.

This means betting the same amount on every game and risking only 1% to 5% of your bankroll per play (the bankroll is the starting amount you have at your disposal to bet with). For example, if you are starting with a bankroll of $/€100, you should risk no more than $/€5 per game.

By employing a flat-betting approach, bettors guard themselves against losing their entire bankroll during a bad stretch, but also set themselves up for a positive return on investment (ROI) when they’re doing well.

9. Rotation Numbers

Rotation numbers are what’s listed to the left of a team on the board. They are also referred to as the NSS number or Vegas ID number. They are unique to the team, sport and league, and universal across most sportsbooks.

For example, you might see the number “312” listed next to the Real Madrid -120. If you’re at a casino and want to bet $/€100 on the Real Madrid, walk up to the window with your money and say, “$/€100 on 312, Real Madrid -120.”

10. Lines Move in Real Time

Much like stocks on Wall Street, the sports betting market is fluid. Throughout the day, bookmakers will adjust the odds depending on the action they’re taking and other news, such as injuries and weather. For example, if Barcelona open as 7-point favorites and the vast majority of bets are on Barcelona, you might see the Barcelona’ line move from -7 to -7.5. The line could move even further to -8, or it could be “bought back” to -7.

11. Shop for the Best Line

Lines can vary based on the sportsbook, because different books have different clienteles. As a result, one book may post the Cavs -8 while another has -7.5. Having access to more than one sportsbook allows you to shop for the best line. Getting an extra half-point might not seem like a huge deal, but it adds up over the long haul and increases your chances of winning.

12. Identify Your Strengths and Weaknesses

This isn’t Monopoly money, so you want to make sure you’re tracking your progress. The easiest way to do that is with our award-winning (and free!) app, which has awesome features like live bet cover probability and odds shopping, it also lets you track all of your bets across nearly every sport.

And that’s valuable because you can identify where your strengths and weaknesses are as you start betting. Are you more successful betting on the Champions League, Europa League, World Cup, Euro, NBA? Do you thrive when taking player props or over/unders? These are all a good thing to know, and it can allow you to maximize your winnings.

More Football Tips

Football Accumulator Tips

The accumulator bets are a sweet spot in the betting landscape, they are bets made up of multiple selections. When it comes to the accumulator bets it is best to stay close to bettor with a high ROI, sportsbook also offers valid and actionable information given that they come up with bets that they have pulled from varied football leagues such as Bundesliga, La Liga, the premier league or Serie A.

Types of football accumulator tips

High odds accumulator tips- for a punter to bag the big wins it is important that they add to their bet slip a selection of high odds, you can also protect your stake by betting on the favorite (low odds). But remember the higher the odds, the bigger the wins.

Both teams to score accumulator tips– in this type of bet punters will back both the teams to find the net in the game. In essence, is that you wouldn’t have to predict the winner of the match, your bet will, therefore, win if the two teams score before the final whistle is blown.

Over 2.5 goals accumulator tips- in this type of bet punters back the teams that will score three or more goals in the game, meaning that the final score will determine if your bet will win or lose.

Over 1.5 goals accumulator tips- punters who settle with this bet will back teams that score two or more goals in a total match. The interesting thing about this bet is that punters support both teams to find the net, important to note is that the 1.5 market doesn’t have a draw, and the punter’s loss or win depends on the outcome of the game. Some of the betting sites that offer the football accumulator are the 1X BET, BET WINNER, and BET365.

Types of Sports Wagers:

Handicap betting, Props Bets, Moneyline Wager, Totals/over-under, Points spread, Football betting odds,

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Examples of football betting odds : Decimal Odds, Fractional Odds

Best betting sites

Football betting sites are many but you always have to settle with the best, at least for a fair game. Some of the best sports betting sites, therefore, are such as Betzest.

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