Forgotten password Close [x]

A first pass on the intricacies of online betting


Roughly after 2010, the online gambling business began booming exponentially. Many of the greatest European brand names turned their operations to the internet, realizing the potential of reeling in vast numbers of possible clients. It should not be a surprise that the equivalent establishments of the continent where gambling is a tradition, would follow suite. Almost all of the top Asian bookmakers have secured a highly visible presence on the devices of every person that could have one.

It is of course the most important step to open an account to the betting house of one’s choice, despite the issues of reliability and trustworthiness that come with the great number of service providers available. The process of evaluating which one is good and which one hides malicious intent is a tedious and time-consuming effort that requires information which might not be readily available to the general public. However, this is a topic to be discussed in other publications.

For this text, we will be talking about a concept of equal, if not of greater, importance as opening the necessary betting account. The need to put it to good use in order to maximize the profitability of the venture. And that is a result of understanding the sports betting basics that are inherent to the endeavor. Terms like odds, limits, handicaps, over/under, odd/even, outright, moneyline, and others, are quite unknown to the vast majority of the novice players, and it is doubtful whether more experienced punters have fully comprehended the nuances.

Except the odds and the limits, all other terms that were listed above are called markets. Some of them are defined as standard, to be found on any event. Some others are sport specific as for example is the number of goals scored in a football game, or the number of points for a basketball match. A third designation is described as special bets. It could be that one market may bring a lot more gain than another, therefore, good players are always searching for the best deals.

Let’s discuss about having the betting odds explained. Arguably, it is the most fundamental term. It is the offer of profit that any bettor can receive, if and when a bet that they have placed is successful. For example, a price of 2.00, indicates that for every euro/dollar/pound wagered, the punter will receive 2 in return. Every betting establishment employs teams of researchers that determine what that price will be. Which brings forth the issue of odds with value.

The aforementioned determination takes into account multiple pieces of information. However, it could be that a crucial piece might not be available at the time of the consideration, or other data may emerge after the offer was released. This is the reason that the odds are changed frequently, the closer we get to an event. Therefore, if a punter can spot such an error at the time the initial price becomes available, they enjoy an advantage.

It is quite clear that those that want to enter into the world of online betting, need to be aware of all of the above in every detail in order to derive the most out of the practice. It is strongly recommended to study the ins and outs before placing any bets, not only for purposes of profit, but also to learn what needs to be avoided, as mistakes in this business are costly.

Featured bookmakers See all

1xbet LSbet WWin VOdds Cyber.bet betsafe LV Bet 22bet Mozzart Sportmarket Marathonbet 20Bet

In focus

The best sports markets to bet on in Australia, 05-12
Top of PUBG betting guide strategies with expert Trangbongda, 05-12
Omaha Poker vs Texas hold’em explained with 188BET, 05-12
Might Japan Be the Surprise Package in Qatar World..., 01-12
Online Roulette: Top 5 Tips For The Most..., 28-11
Sports Betting Trends to Watch Out for in 2023, 28-11
What Do We Know about Belgian Developers? Gaming1 - The..., 26-11
Things that You Should Remember Playing Pokies at Online..., 17-11
Pluses and Minuses of Fast Casino Games for Beginners, 17-11
BetBarter Mobile App Overview, 17-11
Slot Game Jackpot Mechanics Explained, 16-11
What have iGaming Platforms done to Raise the Bar?, 15-11
Less Common Sports to Bet On, 14-11
Might the 2022 FIFA World Cup Need to be Relocated?, 08-11
Will Boxing Games Become Notable When VR Goes Mainstream?, 08-11
Reasons to Try Crypto Casino Games, 07-11
Simple Tips for Online Sports Betting, 04-11
Are Online Casino Slots Worth It to Play?, 31-10
How to play Omaha Poker at W88 Gambling and its rules, 26-10
Tips for beginners to choose the best online gambling sites, 24-10
The main features of Polish online casinos that new..., 24-10
Ways in Which Betting Platforms are Enhancing Player..., 23-10
Best Tips for Successful Online Betting, 18-10
How Blockchain Can Be Used in Gambling, 17-10
What are the Best Bonuses to Collect in Online Casinos?, 12-10
Things Beginners Should Know About Online Casinos, 12-10
How to Deal With Aggressive Poker Opponents, 12-10
Upcoming sports events that you can bet on, 10-10
Football Clubs Sponsored by Online Casino and Betting Sites, 07-10
Fact: most betting platforms are the same, 07-10
See more +