Intro: Betting is a way to make money and have fun. It’s also a great way to give yourself something to do when you’re feeling bored and like there’s nothing that you could do for entertainment. The best part about betting, though, is that it can be as easy or complicated as your want; the options are endless! So if you want to begin betting for fun but don’t know where to start, we got you covered. To help make things easier for beginners who want to head into this world with a little more knowledge about what they’re doing, we’ve compiled a list of beginner-friendly bets below:
1. What is a bet?
A bet is an act of putting money on an event or wager. You can bet on anything; sports,
politics, weather, etc. Bets do not always use things like currency to take part in them.
Instead, you can bet on services, objects, or even people. Betting is the wagering of
money on an outcome with an associated probability in the hopes of winning additional money. The result can be an actual event (e.g., a sports score or a stock market index in a specific interval of time) or a fictitious event (such as a coin toss). Betting may
take place through one or more bets. In this case, if the chosen team wins, the bettor
will receive double his original stake for that particular bet.
2. How to know if you should bet?
First things first, don’t take any bets that risk more than you are willing to lose. It should go without saying but remember that there will be no one coming to save you here. While the odds are not always in your favor, you can increase them by betting smart. Just don’t lose hope when you lose the bet but also don’t get overconfident when you are on a winning strike.
3. What are common types of bets?
There are three main types of bets you’ll encounter when betting: win/lose bets, both teams to score bets, and fixed-odds betting.
a. Win/lose bets: This is the simplest type of bet you can make. You are betting that
one team will win or another will lose – there are no in-betweens. Be careful when
betting this way because your possible rewards are limited to just the amount
you bet.
b. Both teams to score bets: If a match is a draw after regular time, most
bookies offer bets on who will score extra time. If you think one of these
teams will achieve, this might be a good bet for you.
c. Fixed-odds betting: This type of bet does not involve gambling on the result
of a game. You are simply betting on one or several things that could happen
during the game. There are fixed odds on both the result of a match and on how
many goals will be scored.
4. Being informed about your bets before you place them:
Before you place your bet, it is crucial to tell yourself about the chances so that you can analyze whether they are attractive or not. For example, you should know how much you win if your bet wins. Then, you should know the odds at which this happens to you. The more you know about the stakes, the more you can find attractive bets.
5. How to find offers in your bookmaker account:
Especially when beginning to bet, you should check your bookmaker account for offers. These are usually bonuses offered to low-stakes beginners but can also be free bets, tokens, and even money bonuses. Use such offers for your bets and earn points in the long run. Or you can place your bets with betsuper, that site that offers you the best bets and a variety of betting fields for you to enjoy everything.
6. What you need to know when betting:
In addition to the ‘theory’, including odds, chances, and betting techniques, you should also
know a little about sports in general. Do not overestimate it. It’s good to know something about the event, but you will usually find many articles about it if you join a betting platform.
7. First Deposit Bonus:
Most bookmakers offer a welcome bonus when making your first bet. It is usually worth 10-25 euros, but it’s often not free money, but rather a bonus for new customers, which means you must meet specific requirements before you can withdraw the money. These requirements can differ from bookmaker to bookmaker but often require a turnover of 5 times the bonus amount.
8. Wagering Requirements:
Most bookmakers have so-called wagering requirements for their welcome bonuses. Wagering is when the customer must lay a certain amount of bets before they can withdraw any money.
The wagering requirements are the number of chances you need to apply to meet this
requirement. Therefore, enquire thoroughly before you place any bets with any wager.
9. You only get to keep what you win:
When you make your first deposit at a new bookmaker, it’s important to remember that most bookmakers only let their customers withdraw winnings, not deposits. It means that if you bet $100 and win $50, the bookmaker will usually pay you out $50. Make sure you have extra cash and emergency cash with you when out for playing and placing bets.
10. Don’t be afraid to ask:
If you’re new and still unsure, don’t be ashamed to ask the bookmaker’s customer service for help. They usually have a page with frequently asked questions and can answer many of your questions. Also, if you just signed up and have a technical problem, contact customer service.
Conclusion:
Simple, straightforward tips on how to get started with your betting career! We hope this helped you out and if you have any more questions about betting, clear your doubts before you place any bet. After all, you are here to win, not lose your money. Good luck!