| Sports Betting Facts | |
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| Providers worldwide: | >1.000 |
| Most popular betting sport: | Soccer |
| Best provider: | 1Bet Sports Betting |
| Betting bonus: | 20Bet Bonus |
Even though it may seem with the many betting providers on the market, there are Sports betting is not an invention of modern times. Bets were placed on sports even in ancient times.
Basically, the idea is also simple, that about the outcome of a sporting contest a prediction is made and so the spectator again takes a very special role.
Basically, every sports bet is based on this principle, regardless of whether it is negotiated between friends over a crate of beer or with an online bookmaker. an online bookmaker, which has thousands of markets on offer.
Many of the large and reputable gambling providers also have sports betting in their program. Reason enough for our team of experts the best bookmakers bookmakers under the microscope and in the sports betting test in our sports betting test:
Successful online sports betting
Sports betting is – contrary to some opinions – not a pure not a pure game of chancealthough of course related to it. In both cases it is about probabilities, which can be narrowed down very precisely with a lot of knowledge in sports betting.
For example, in a soccer match, the victory of an actually favored team, in which several key players are out injured, will in all likelihood become less likely. And the odds for betting on this team will thus be raised by the bookmaker.
The Bet on the favorite seems even more attractive, especially since with increasing betting odds also the possible betting profit However, the probability of occurrence also goes down and the risk of losing the bet increases.
What do we conclude from this?
If you have absolutely no idea about sports, you will usually and in the long run do worse at betting.
This would not necessarily be the case with pure gambling. The attraction of sports betting therefore lies on the one hand in the profits, in particular in the Occupation with the individual kinds of sport.
It can be stated that Experience and knowledge are very important factors in order to be able to successfully place sports bets.
Because you never stop learning with online sports betting and the understanding of the odds and markets is particularly important, we have not only looked at the best providers on the market in our sports betting test, but also intensively dealt with the topic of Betting knowledge dealt with.
TIP: Beginners in particular should not just blindly place their bets, but should get a picture of the betting offer beforehand and familiarize themselves with the most important types of bets as well as betting strategies.
Table of contents
- Types of bets in sports betting
- The different types of sports betting
- Politics and entertainment betting
- Live betting in sports betting
- Basic bets in sports betting
- Betting odds in sports betting
- What the betting odds say
- From the probability to the betting profit
- Is a betting provider comparison worthwhile
- The betting offer of online bookmakers
- Profit margin with online betting
- Betting bonus for online sports betting
- Sports betting website usability
- Deposit and withdrawal options for sports betting
- Customer service of the betting provider
- Overall impression of the sports betting provider
- Sports betting tips, tricks and strategies
- Good money management when betting
- Be patient – apply knowledge
- Quit when it's at its best
- Frequently asked questions in sports betting
1. types of bets in sports betting
Sports betting is naturally about sports, although the range of online betting sites now also covers social betting or betting on political events events.
In sports alone, betting providers have several dozen different disciplines and hundreds of events to choose from throughout the year. For example, a particular game on a match day. And for each event, there is then a multitude of betting opportunities before or during the live bet also during the event.
This alone gives an idea of the enormous scope of the topic. And how diverse the pre-selection is before a player places the final bet.
Or to put it another way: For the customer, there are sheer thousands of betting opportunities every day.
The different types of sports betting
The offer on the betting sites is usually taken according to sports and one thing quickly becomes clear: Soccer is considered the number one betting sport.
Therefore, no other discipline receives as much attention. From antepost bets, combination or system bets to exciting live bets during the matches – there are hardly any limits to the soccer fan's heart.
But of course, the betting offer is not limited exclusively to King Football. Also very popular are tennis, ice hockey and various other ball sports.
And there is already a valuable tip from the editors for beginners: It is best to bet on the sports you are familiar with.
In our test procedure, we found that the betting providers have an average of around 15 to 30 different sports in their program.
For many passionate sports bettors, this can be a big help in the search for a betting provider a selection criterion when looking for a betting provider. Or even if you have a particularly exotic sport in mind as a beginner.
As mentioned above, there are also many sports that can be found at any reputable online bookmaker: soccer, tennis, basketball and ice hockey. In addition, there are volleyball, handball and also American football.
Further popular betting sports are golf, motor sports, darts and boxing – although with significantly fewer followers than is the case with soccer betting. It becomes more special with winter sports, curling or snooker, for example.
Under all these sports there are then in each case still the different competitions and leagues. For example, soccer from Australia, England, Spain, etc. Also in this, the betting providers differ greatly from each other.
While some providers have everything in the program up to lower-class leagues, with some the 3rd league is no longer in the offer.
Politics and entertainment betting
Increasingly popular are also political bets or entertainment bets on social issues.
This is no longer referred to as classic sports betting. Bookmakers are increasingly offering odds for this form of special bet on their online platforms. For example, bets are placed on the upcoming election, the Academy Awards or the winner of a dance show.
Such bets round out the program and offer even more variety. Here, too, there are betting providers that tend to bring a little more to the scales in this regard.
Live betting in sports betting
A very important point nowadays are also the Live bettingThe betting customer can place his bets during the sporting event and thus in real time. This means that bets are not placed until kick-off at the latest, but while an event is taking place.
The great tension here is that the odds change very quickly or new markets emerge. Live betting is very popular today and has some advantages.
TIP: Especially in the Live Center, players should heed the advice of our experts and always set a limit.
Basic bets for sports betting
If then a sport and the right event have been found, is usually not even close. Classically, beginners in the betting business bet on the winner of a game or match. Or even on the draw.
The so-called Basic bets are, as the word implies, in a way the basic bets when betting. These are:
- The single bet
- The combination bet in short combi bet
- The system bet
In addition there are the Special bets like:
- The handicap bet
- The Asian handicap bet
- The result bet
- The live bet
- The long term bet
- The goal bet
- The Over/Under bet
- Numerous other special bets
Even though it is still one of the most popular types of bets, with the simple 1-X-2 bet many of today's discerning customers are no longer satisfied with the simple 1-X-2 bet. For most events, there are therefore a variety of bet types aside from the 2- or 3-way bet.
For example, the handicap bet the underdog is given a fictitious advantage, so that the odds are adjusted accordingly.
Furthermore there are also Result bets. This means that bets must be placed not only on the tendency (win home team, draw, win visiting team), but also on the exact result. This often increases the odds very much, but of course it is also more difficult to be right and actually collect the possible bet profit.
Especially when favorites meet total outsiders, games can be kept exciting this way.
As an alternative to the result bet, there are also Goal bets to make matches even more interesting. At Over/Under bets bets are placed on whether, for example, more or less than 2.5 goals will be scored in a match, regardless of the team.
Sports betting can also become even more special. For example, there are betting options on which player in a match will score the first goal and in which minute that will be.
Of course, there are such betting offers for numerous other sports as well. In tennis, for example, you can bet on which player will win the 2nd set. It often turns out that the betting providers show a lot of creativity to come up with such bets. Thus, there are then a variety of odds on individual events.
2. betting odds in sports betting
The principle of sports betting is not that difficult in principle. You bet on a certain outcome of a game or event and if you are right, you get a profit. What is basically quite simple, however, turns out to be a bit more complex when you take a closer look.
Picture shows: The single bet between FC Bayern Munich and Bayer Leverkusen in the DFB Cup. With a stake of $ 5.00, one would bring in a possible net profit of $ 7.93 with a correct tip on Bayern Munich. If, on the other hand, you were to bet on Leverkusen, whose win rate is 4.60, then you could enjoy a net profit of $21.85. In addition to the single bet on the winner of the match, you can of course also place combination & system bets.
Finally, the question is how much a betting customer can win with a tip at all.
What does that depend on?
- According to the betting odds
- According to the stake
- According to the stake limit and the win limit
What the betting odds say
Odds have a multiple function in sports betting. Basically, what sports betting and pure gambling have in common is that the profits are based on the probabilities of the of the odds.
The profit increasesthe less likely the actual occurrence of an event seems to be. Of course, this also makes sense from the provider's point of view, but it also basically provides a structure.
Image above: The Premiere League match between Leicester City FC and Chelsea FC is shown. Despite the fact that Chelsea has to play away from home, Thomas Tuchel's team is the clear favorite in the game. This is reflected in the odds, the 20Bet specifies. With a bet of $5.00 on the Chelsea, you can only achieve a gross betting profit of $8.89. A successful bet on Leicester City would bring 23.45 $ with the same stake.
In sports betting, this means that the profit is naturally lower if the favorite wins instead of the underdog. If you want a higher profit, you have to choose the choose the underdog bet, or even try his luck with a combination or system bet.
However, with the higher risk of being wrong. And exactly these probabilities can be found in the odds.
From probability to winnings
So the odds tell you with which probabilities the results will occur. At least approximately, because on the one hand the estimated probabilitiesthat the bookmaker sets up, and on the other hand, the bookmaker always includes a margin, so to speak the house advantage.
Therefore, a distinction is also made between the so-called "fair betting odds" and the "real betting odds".. The fair betting odds result in 100% when adding the probabilities of occurrence.
Since with fair betting odds all stakes would have to be distributed and the provider would not earn anything, the real betting odds are used.
With these, the bookie multiplies the fair odds by a value smaller than 1 and thus calculates a theoretical margin into the equation. For example, if multiplied by 0.95, this means that the betting provider statistically retains retains 5% of the betting stakes and the remaining 95% in the form of betting winnings again to the customers in the form of winnings.
However, a betting odds is not only an indication of the probability of occurrence, because on the other hand, it is an answer to how much you would win in case of success.
For example, an odds of 1.95 means that for every euro wagered, there will be 1.95 euro profit returned in case of success. Thus, the gross profit is 1.95 euros, and the net profit is 95 cents.
So with a 10$ stake at the odds, the player would win 19.50 euros and thus earn 9.50 $.
Any charges for withdrawals and the partially collected 5% betting tax there is to consider. However, there are also some betting providers who do not charge the the betting tax from customers customers.
3. is a betting provider comparison worthwhile?
If you decide to use online sports betting, as a beginner you may easily get lost in the jungle of offers. Our test report of the best sports betting providers is a great help here.
Each bookmaker has its major strengths and also some weaknesses. A provider comparison is advisable and there is nothing against opening a betting account with several players on the market.
For example, Unibet has a very diverse range of sports betting for the customer or industry giant Bwin scores with innovative innovative betting offers.
In the end, it is always the individual expectations, needs and preferences that are decisive for choosing the right right online betting platform.
4. the betting offer of the online bookmakers
For many, a very central question is how it is about the betting offer of the bookmaker. In the end, the customer wants to place his bets where he can benefit from the largest possible offer and thus enjoy a lot of variety.
A very large offer can therefore be advantageous. This refers on the one hand to the different sports and especially to the breadth of the selection. It may well be that customers are looking for specific sports.
In that case, it would be much more important that, for example, a certain but exotic discipline is available, and less important whether the entire betting offer is well positioned in a depth.
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The betting offer can therefore many different sports, but but just as important to some bettors is the depth. This means nothing other than how many different countries, competitions and leagues a betting tip is possible.
5. profit margin in online betting
While a wide range of bets is to be welcomed, it is of little use if the odds do not turn out to be correspondingly attractive. On the one hand, betting providers come up with different probabilities of events, but also calculate the profit margin differently.
As a rule, however, the payout key at the bookmakers is 90% and more. Sometimes there are even up to 98% on individual events. Especially in the Live Center the betting providers often apply a lower odds key applied.
TIP: There are always strong and less good odds on the market. Sometimes they differ only marginally, which is often the case with top favorites. Especially when betting on the underdog, a comparison pays off.
6. betting bonus at online sports betting
Actually, it belongs today firmly to it and hardly a betting provider does without it: the speech is from the so-called betting bonus. This is intended in the first step as a welcome bonus for new customers and is granted after successful registration and first deposit on the betting account.
This means nothing else than that the first loading of the betting account with real money is increased by a granted bonus amount. In the case of a 100% bonus, the bettor can directly use 200 euros for betting with a deposit of 100$.
| Bookmaker | Bonus | Bonus name | Special feature | |
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100$ | Freebet credit | with minimum odds 1,50 | to the provider |
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100 $ | New customer bonus | on the first deposit | to the provider |
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100$ | 100% first deposit bonus | Must be activated via customer service | to the provider |
But there are also offers for existing customers. This is often the case on special days (Christmas, for example) or also on special events (e.g. a top match in the championship).
For example, the following things are granted:
- A free bet
- An odds boost (i.e. increased odds)
- A deposit bonus
In this respect, betting providers also differ greatly. Some offer their existing customers constant replenishment in terms of promotions, others are rather sparse with this possibility.
With sports betting bonuses, however, it should also be noted that these are usually always subject to corresponding bonus conditions are linked.
If you want to cash out a new customer bonus immediately, you will quickly realize that this is not possible at all. This is because the conditions have to be fulfilled first.
The bonus conditions determine how a betting provider bonus must be used. Mostly these are time limits (for example, the bonus must be used within 30 days) or also turnover conditions.
This means, for example, that the bonus amount must be wagered in a certain number before the customer can freely dispose of it and also request a possible payout of betting winnings.
7. sports betting website usability
It may not seem that important to many at first when they are looking for a new bookmaker on the Internet, but the usability of the site is a very crucial factor. By this we mean how easy it is to use the site.
If you first have to go through a complicated path in search of a certain odds, you will quickly lose the fun. Especially with live betting, this is very important. This can also be taken further when it comes to mobile betting is concerned. Many providers have extra mobile pages or even betting provider apps that can make life easier with a smartphone or tablet.
8. deposit and withdrawal options for sports betting.
In order to at all stakes with the bookmaker can play, money must first be deposited. On the other hand, customers naturally want to get their winnings paid out. Nowadays there is a large number of payment methods and everyone has their preferred method.
A wide range of payment methods can therefore be considered positive in principle. But also whether, for example, fees are incurred and how long the payouts take.
9. customer service of the betting provider
There is one place in the rating of bookmakers that shows how high actually the customer is rated. This is not with the offer, but with the customer service. Here the question is how the betting provider is set up. Are there various contact options and are these also free of charge? In the best case, a betting provider offer telephone, e-mail, chat and fax.
However, it is even more important that questions are answered quickly, competently and in a friendly manner. This is even very important, since it is ultimately also about your own money. If the betting provider does not answer at all, this is clearly a sign of unserious behavior.
10. Overall impression of the sports betting provider
All these factors are a way to take a closer look at betting providers, but at the same time to be able to compare them with each other. However, this can be a bit much for a beginner, which is why there are already many good comparisons on the Internet.
Basically, it should be noted that you should always should always go for well-known names and if you do not find any information on the Internet about a particular bookmaker, you should leave it alone.
11. sports betting tips, tricks and strategies
Sports betting pleases many people around the world, who usually associate it with fun. But of course, no one wants to voluntarily lose their bets. Everyone should nevertheless also plan for the fact that tips will also miss.
But are there any general tips for sports betting or certain strategies?
In contrast to gambling, there are even plenty of them. But especially for beginners, a few basic ideas are recommended to make the fun of sports betting last all the longer.
Good money management when betting
For many, sports betting is more of a fun pastime, which is why bets are placed according to discretion and gut feeling. Although this is an option, it is not recommended at all in the long run. Accordingly, a good money management must be in place. This means a plan of finances. How much to use and when.
A simple trick is the so-called limit that everyone can set for themselves. You set yourself a limit per day or week, over which in any case will not be played, whether you win or lose. It helps not to play mindless stakes.
It can also be helpful to write down your bets. So the date, the respective event, the stake and also whether one has won or lost. This provides a good overview of how much success actually results from the bets over time.
Have patience – apply knowledge
If you simply want to bet on a certain event (for example, a top match or the future world champion), you can of course simply place a tip and be satisfied with it. If you want to play sports betting regularly, you have to realize that it is more marathon and less sprint. That is to say that one should not go with the expectation that immediately the very big profit jumps out with. Small wins also make sense and increase the budget bit by bit.. In addition, you must always take into account that there will also be losses.
Not to want everything immediately is also important because in this way the tips become better. Tips in sports betting should not be based on gut feeling, but also on probabilities calculated by yourself. And knowledge is always power. For example, if you know that the day before the game the most important striker of the team has dropped out, you can integrate that accordingly in his tip. Basically, it always concerns the possibilities and the forms of the teams. You just have to deal with the sport to be successful in betting.
Stop when it is most beautiful
If you have just made a nice profit, you usually feel euphoric and you usually feel like placing the next bet right away. But especially if you have won a lot, it is advisable to take a break first. once to take a break. Because success can cloud the estimations. And out of too many emotions you should not bet. This also applies to losses. When a loss has just been made, some tend to want to make up for it immediately and quickly play the next bet with increased stakes. This is not advisable in any case.
12 Frequently asked questions about sports betting
- Which sports betting provider is the best for me?
- Are all betting providers reputable?
- With which provider can I bet without betting tax?
- Which sports betting provider has the best live betting?
- How are winnings calculated in sports betting?
- How can I deposit money into a betting account?
1.) Which sports betting provider is the best for me?
There is no blanket answer to this question. Each bookmaker has strengths, but also weaknesses and ultimately it depends on the taste of enthusiastic bettors. Many online betting providers have specialized in certain preferences over the years.
While some offer a particularly attractive odds key or offer a particularly large selection of different betting opportunities, others try to score points with lucrative sports betting bonus offers to win the favor of the players. Expert tests can help with the choice of the best sports betting provider can be a great help in choosing the best sports betting provider, as they provide interesting facts and information about reputable betting providers.
2.) Are all betting providers reputable?
Quite clearly: No! The betting industry is all about money and this also drives the one or the other black sheep on the scene. It is therefore important to protect yourself from dubious betting offers and to avoid less good bookmakers. Dubious players can be recognized, for example, by experienced betting provider tests.
which can be found on FindCasinoBonus.com are fundamentally different in many areas, but they have one thing in common: they can all be considered as absolutely reliable and reputable reputable.
An important indication of seriousness are the licenses that have been granted internationally. Gambling authorities namely keep an eye on what is happening, winning rates and reliable payouts.
3.) With which provider can you bet without betting tax?
For online sports betting in Australia, since July 1, 2012. 5% betting tax on betting turnover, which is which usually has to be paid by the bettor. The bookmakers apply different systems: While some companies deduct the betting tax immediately from the customer's stake, others calculate the tax from the gross profit.
But there are some betting providers where you can bet tax-free can: The bookmaker 1Bet, for example, still refrains from charging customers with the betting tax. The costs are borne by the betting provider. Others do not collect betting tax under certain circumstances. Live bets and 4-way combos, for example, can be made tax-free at various portals.
4.) Which sports betting provider has the best live betting?
Basically, most online bookmakers nowadays shine with an extensive range of live bets. As a big player, Bwin is known for being particularly strong in the live area. This has also been shown in our sports betting tests in a comparison of competitors. With an extensive betting selection, exciting betting options, solid live odds and plenty of live streams, Bwin convinced our team of experts and is among the best of the best in live betting.
5.) How are betting winnings calculated in sports betting?
The betting profit for sports betting is usually calculated from the formula Betting stake multiplied by the betting odds. For example, if you bet 10 euros on the victory of team A in a football match with odds of 2.0 and the team actually wins in the end, the betting profit is 20 euros. So 10 euros x 2.0 = 20 euros.
In this case, it is the gross profit. The actual betting profit or net profit is calculated from the gross profit minus the bet. In our example, the net profit would therefore be 10 Euro. (minus a possible betting tax)
For combined bets, all combined bets are taken into account. For example, if you were to bet here on a team with odds of 1.20, a second with 2.80 and a third with 2.10 and invest the aforementioned 10 euros, these ten euros would be multiplied by the three odds. In this mentioned case, you would then get 10 x 1.2 x 2.8 x 2.1 = 70.56. Combination bets are only considered to be won if all tips come up.
A little information on the side: In soccer, the result is usually based on the regular playing time (90 minutes + overtime), e.g. if the selected team A wins only in the overtime, the bet is considered lost, because the result after the 90 minutes was a "draw".
6.) How to deposit money into a betting account?
Serious online bookmakers rely on the one hand on proven, reliable and meanwhile also on innovative payment methods, such as crypto coins. However, a betting provider deposit is only possible after registration. The registration with the preferred company usually takes only a few minutes. Once the customer account has been set up and the player data has been verified, nothing stands in the way of filling up the betting balance.
Unlike online casinos, bookmakers also still offer PayPal as a payment method offered. Alternatives are credit cards, bank transfers, MuchBetter, EcoPayz, Skrill, Neteller or even Bitcoin or other cryptos. What options are available in detail, that can vary depending on the bookmaker. Trustworthy online betting providers provide all important information transparently.
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Author: Jake ErvingRated: SportsbookAuthor Rating:
