Things to Bear In Mind When Sports Betting

[ 25.09.18 ]

Things to Bear In Mind When Sports Betting

Placing a bet on their home team to win has long been a favourite pastime of sports fans. With the rise of the online sportsbook, it’s now easier than ever to get in on the action. Any casino worth its salt will have a sportsbook included alongside regular casino games and a live casino, and a good sportsbook will enable you to place a whole range of different types of bets on almost any sport you can think of. Some sportsbooks also offer betting on eSports, such as CS:GO and PUBG.

With live streaming of sporting events comes live betting, which is an exciting new element to the world of sports betting and one that has helped make online betting more popular than its land-based counterpart.  The choice of online sportsbooks is also wider and more varied than land-based bookies, and that means that punters can shop around for the most competitive odds and the best bonuses.

How to Choose the Best Online Sportsbook

The first thing to consider when you’re comparing online sportsbooks is security. A legitimate sportsbook will be housed within a reputable online casino that’s licenced and regulated by a strict governing body. The Malta Gaming Authority (MGA) and the UK Gambling Commission (GAMBLING COMMISSION) are two of the most trusted regulatory bodies to look out and their logos should be prominently displayed on the casino’s homepage.

SSL encryption is also extremely important because it ensures that all your personal and financial details are kept safe from unwanted third-parties.  The casino should also offer trustworthy payment providers for players to make deposits and withdrawals.

Finally, of course, you’ll need to check the sports and sporting events on offer and whether or not the odds are competitive. And it’s also a good idea to check whether or not the casino offers bonuses to its players and what wagering requirements are attached to those bonuses.

Bonuses and Wagering Requirements

Almost every online casino will offer a welcome bonus to new players. Unfortunately, it’s not always possible to use the welcome bonus to place bets in the sportsbook, so players need to read the terms and conditions carefully or look for a casino that offers a welcome bonus that is specific to the sportsbook. A bonus will almost always have wagering requirements attached, meaning that the bonus money needs to be wagered a certain amount of times before any winnings can be withdrawn. You’ll find many a great guide to wagering requirements online that will give you all the ins and outs of how these requirements work and the best way to get through them.

Odds

The beauty of an online sportsbook is not only that the odds are so competitive but also that they can change and improve just before the event begins. For example, the odds could be 2.1 on the home team taking a win but could drastically change based on an external factor taking place just before the game starts,  such as an important player getting injured in the previous game or falling ill on the morning of the game you’re betting on. A last minute bet, therefore, will probably give you the most telling odds.

The best way to truly understand the odds being offered is to become an expert on the games you’re betting on. You need detailed information on the players, the coaches, the refs and the grounds being played on. In order to place the right bet at the right time you need to be more than just a fan, you need to be a sports connoisseur and take emotion and team loyalty out of the equation.