Sports Betting Explained

 
  • SumoMe
Sports betting

Sports betting (Photo credit: Sheep”R”Us)

Sports Betting occurs when one wagers or bets on the result of a match, race or game involving at the least two teams or players. The type of sport you are capable to bet on is often times determined by where you live.

Any competition between competing players or teams that creates an amusement or spectator interest is one where sports betting can occur.

This beginner’s guide to sports betting will take you through the basics that you need to know before you can get started.

What To Bet On

In theory you can place bets on just about any sport related event. The obvious sports that will come to mind are American football, track and field, basketball, baseball, boxing, horse racing, tennis, soccer and hockey.

A difficulty for American citizens is that it is hard to conduct sports betting in the USA because of the United States law, with the exception for the state of Nevada. One can partake in sports betting in many of the countries worldwide on any sporting matchup of your choosing.

It could be the World Series, Champions League, World Cup Finals, and Olympics down to a small little local game. In the United States the authoritative powers believe persons will all become corrupted by the option of sports betting. Subsequently as such, in the United States of America you are allowed to bet on what is known as “Sportsbooks”. A “Sportsbook” is described as a board that houses the information of different sports that you can wager on.

These are restricted to the main sporting events such as the Super Bowl game, Major League Baseball or NFL match-ups or the Golf Masters, along with the more important college games. Besides Nevada, the only way you can sports bet is to have an offshore bank account with an international sportsbook.

Mobile Betting

Image via CrunchBase

These days many people have smart phones which can connect to the internet and run apps, which is why sports betting is moving from the desktop computer to the mobile. It is very easy to get involved in mobile sports betting in European countries.

Many of the major bookmakers offer mobile betting apps for the leading platforms such as Android and iPhone. You should check out the apps and mobile bonuses offered by the major bookmakers such as Betfred, William Hill, Ladbrokes and Coral before deciding which is right for you.

When And Where To Bet

Anyone can go online and conduct sports betting on sports all across the world from such countries and not be penalized for it once you stick within the rules of the different bookies. These rules can vary from the bonus you receive, how you verify your account and in some instances the monetary value you can make on your bets.

Most of these sites will allow you to make your bet at any given point of the day. There are a few who have a cutoff point a few minutes before a game will begin. Sports betting offers a wide range of options for betting on matches and the possibilities are quite endless.

Betting Promotions

Online betting is big business and bookmakers are always happy to offer bonuses and promotions to get new customers. If you are looking to join an online bookmaker then you can take advantage of these. You can get free bets, deposit bonuses and money back offers to use for betting on all different types of sport.

Sometimes you may need to use a special promo code when signing up in order to receive the bonus. If you don’t know what code to use, there are several websites which list all of the current betting promotions and promo codes available. We would recommend sportsbetpromotions.com which has an easy to use list of free bets and bonus codes if they are needed. If the code you’re looking for is not on this site you can use Google to search for it.

Types Of Bet

If you are better at choosing scorers, totals or half time scorers, the opportunity is there for you. Not just the types of bets are endless but the sports are quite varied as well. Most leagues are usually provided including the very lower leagues of many football playing countries. It doesn’t stop at football but once it’s a sport you can bet your dollar, you can bet on it.

Sports betting is quickly becoming a widely used form of betting for many persons and is already well established in many parts of the world.

 

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