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SPORTS BETTING HOME | GUIDE TO SPORTS BETTING | HISTORY | HOW TO PLACE A BET | STRATEGIES | SPREAD BETTING
 
 

The Basics: How to Place Bets Online

If you are new to online gaming and sports betting, the idea of placing a bet online may seem overwhelming. However, learning to gamble online can be a fun way to pass the time while also giving you a chance to make some extra cash. The important thing to remember with online betting is to use a trusted website with a reputation of fair game play. Selecting a website featured on Casino Choice will ensure you are choosing a trusted operator.

 

Online betting sites can be used wherever you can access the internet without the need to visit a gambling facility in person. Sporting events you can bet on online may include auto racing, baseball, basketball, hockey, cricket, football, snooker, rugby, martial arts, boxing, tennis and golf. The website will provide users with an upcoming schedule to help you decide which events you would like to bet on.


Do Your Research

Before you plan to bet on sports online, conduct some research on different upcoming sporting events. Never place bets blindly without having some general knowledge about the sports and the competitors in the event. You may want to choose a sport you watch regularly and are knowledgeable about the players of the game. For instance, if you know the favorite’s star player has been injured, you can make an informed bet on the game. Although you can do the research on your own, there is a plethora of handicapping websites to choose from.


Types of Bets

Online gaming websites typically offer more than one way to place a wager. For instance, one type of wager commonly used is fixed odds betting. In this case, each individual placing a bet is given a set of odds and winnings are based on this figure. Fixed types of odd are common in sporting events where a point spread can’t be used. Instead, the bettor typically only picks the winner. Boxing and wrestling matches will typically be offered as fixed odds wagers. With point spreads, winnings are determined by placing a handicap on the favorite team to win the match. For instance, if one football team is favored over another by seven points, the point spread is seven. You win the bet if the favorite doesn’t win or the favorite wins by more than seven points. Another type of bet is parlay. During a parlay wager, you bet on multiple events for a higher payout. If one of the teams or players you select loses, you forfeit the bet.


Get Registered

Once you are ready to bet online, it’s time to find a reputable site. Choose an online betting site which uses software and encryption techniques to keep your financial information secure. Choose a username and secure password for access to your betting account. You’ll also need to provide your contact information and a valid e-mail address. The website may make you verify your information by sending you an e-mail with an active registration link. Once registered, you can begin making deposits into your account. Accepted forms of payment may include a credit card, check, money order, person to person methods, Moneybookers and Neteller. You may have a deposit limit placed on your account as a new user. Deposit limits can often be increased or lifted when the user sends authorization forms and copies of photo identification to the online betting website. Review minimum bet amounts and decide on how many contests you plan to bet on as a way to determine how much your initial deposit should be.


Placing Bets

Once your account is funded and verified, you are ready to place bets through the website. The website is likely to give you a listing of sports to choose from when placing a bet. Select the sport and upcoming contests that are open for betting will be displayed. Click on the event or multiple events you want to wager on. The types of bets available for each contest will be displayed. Choices may include a straight bet where you choose one team over another or a parlay bet where you select multiple winners from different sporting events. Once you decide on the type of bet, a betting ticket window will give you the opportunity to customize your wager. Enter in the amount of money you wish to gamble on each event. Review the amounts before clicking the submit button since all bets placed are likely final. A pop-up window will display to confirm your wager. After the game has ended, log back into your betting account to review your wins and losses for the event.


Payouts

One of the most exciting parts of online betting is receiving your payments for any winnings. Each sports betting site will offer different acceptable payout options. Options could include paper check, Bank Wire, Neteller, direct deposit and Moneybookers. Review the fees associated with each selected method. The fee may be altered depending on the amount you are withdrawing from your account. You may also be restricted on how often you can request a withdrawal from your online betting account. Payouts are typically requested via e-mail or an online submission form. In the communication, remember to include your username, the withdrawal method and the amount requested.


Know the Laws

Before you place a bet online, review any disclaimers and legal information provided by the gaming website. For instance, residents of the United States may be restricted and not legally permitted to wager on a particular sporting event. In most areas, as long as the gaming website obtains a license, placing a bet online is perfectly legal. Verification of your identity is required by the website to ensure you are of legal gambling age.

 

Learning to bet online does not require a lengthy tutorial. Familiarising yourself with betting terms and sports lingo helps cut down on any confusion. Additionally, most wagering sites provide handbooks and FAQ sections to help acquaint you with the process. Contact the site’s help desk with any questions or problems you have while making a bet online. Once you have the hang of it, expect to be pleased with how much enjoyable sports can be when you have an actual stake in the outcome of the game.

 
 
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