Sports Betting – The Ultimate Guide
What do Football, cricket and basketball all have in common? They are all sports and you can bet on each and every one of them. Even minor sports you can bet on. If it’s a sport, you can bet there is someone betting on it.
Sports betting can be broken down into four basics
1. Bookmakers- which is the most popular choice, you can meet them online or in a betting shop. It’s the go to for anyone who wants to bet. There are numerous online bookmakers like Sbobet and William Hill.
2. Spread betting- has been growing in popularity recently especially with those educated in risk undertaking. Spread betting is a two-way street as while you do place your bet you are also accepting a counter bet from spread betting.
3. Betting Exchange- One of the oldest forms of betting. You do it most of the time without even thinking about it. Example when two friends make a bet on the outcome of a sporting event. The loser pays the winner. Simple. This concept has been taken a step further and can even be done online at certain sites.
4. Tote (pool betting)- this is where a bet has already been made and you pay to enter either side of the bet. If you bet on the right prediction you and many other win and the same goes for if you lose.
Every sport has its own unique way of betting. You can bet on the outcome of the match; you can bet on which player may score the most goals or you can even bet on who takes the championship.
Depending on which sports your betting on you the potential to win big or lose big. The best options are to pick a betting system you can feel at ease with and pick a sport you have some knowledge on.
The most important thing in sports betting is not over doing it. Sports betting is unpredictable and anything can happen so exercise caution when gambling for that big cash pot.