There are two kinds of sports enthusiasts; those who go out there and actively participate in sports. Others sit in front of their television sets and get their dose of action. But somewhere in between on the blurry line stand sports lovers who make it their business to profit through their understanding and knowledge of a certain sport. After all, every sports fan thinks he can do a better job than his favorite team’s captain or marshal his resources better than the coach. So why not prove it and make some bucks through Online Sports Betting?
But like any sports action full of thrills and edge of the seat excitement isn’t for a week hearted fan, Online Sports Betting isn’t for faint hearted either. You might think you know best about your favorite sport, but things might not go your way on a given day. Like on sports field when overwhelming favorites get knocked out. So always weigh your options carefully before placing your bets and remember false bravado won’t get you anywhere.
If you are in America, you’d probably want to bet on your favorite sports like Basketball, 123bet etc. The basic principles for online betting, be it American Basketball Betting or American Football Betting, remain the same. Your job is to beat the oddsmaker and make some money, while in the process you can have some fun as well.
There are different types of bets you can make and there are variations of these available with several online betting companies. It’s important to specify the kind of bet you are placing, which might be tricky for a starter.
Here are different kinds of bets you can make with bookmakers:
- Straight bet where you bet on the winner at odds that are already given. It’s often termed as single bet as well.
- A point spread bet makes things even more interesting and can either work in your favor or go against you. The favourite has to beat the underdog with certain number of points or goals according to your bet. Even if your teams wins but doesn’t beat the other team by sufficient margin, you won’t be making any money.
- The Moneyline bets work exactly the opposite of point spread method, and can take some getting used to. It’s best to leave such bets till you get a hang of the system.
- The total bet is placed on number of points or goals scored in the match, depending on what sport it is. It has nothing to do with the winner or loser, and can even out your chances.
- An accumulator bet is when you pick your winners in more than one game. The winnings of your first game are parlayed onto the next one for further profits. However it’s imperative that you win the first game else it’s only considered as a single bet.
- You can make bets for future games too. Some bets are open at the beginning of the season and you can pick your early winners.
Sports betting online isn’t as complicated as you think and can be a lot of fun.