Online Sports Betting 101
The sports betting industry is a massive online market continually on the rise with a wide array of interested punters. Consequently, new betting apps appear daily to meet the demands of the growing market. As it continues to expand, new punters want to try their luck in the competitive world of betting via sports apps. With that in mind, not all punters are familiar with the basics of sports betting. Luckily, we’ve prepared a brief guide, so you’ll know how to start your app betting journey.
Underdogs vs Favorites
In most cases, whether it’s a football or tennis match, there is a favorite and an underdog. From the moment the oddsmakers release a bet, it’s clear which team or player is the favorite and which is the underdog. The team or player expected to win the game will have a smaller decimal odd next to its name compared to a higher one for the underdog. For example, in a match between Liverpool and Everton, the odds would be 1.20 and 3.90. If the match is a close call, you might see odds such as 1.90 and 2.10.
Online sports betting isn’t simple when it comes to picking a bet type. There are dozens of available bet types and in most cases, they differ based on the operator. Newer betting operators tend to have a wider selection of bet types as they want to attract more punters to their site.
Take a look at some of the most popular bet types in Europe.
- Match bet
- Asian handicap bet
- European handicap bet
- Half time/Full time
- Double chance
- Over and under betting
- Draw no bet
If you want to take a break from sports betting, try out sites like comeon.com to introduce some diversity into your online gaming activities.
Is In-Play Betting Worth It?
We understand that most punters start their online betting journey with the goal of making a profit. However, you should remember that there’s no such thing as a certain win in sports betting. Regardless of how much research you’re able to conduct or how much you know about a sport, you can always end up surprised — especially if you opt for in-play betting.
In-play betting is an excellent way to place a bet via mobile apps if you’re always on the go and don’t have time to research the teams before the match starts. Once you join the match, you can determine how someone is playing and base your bet on what you see. For that reason, in-play markets have good bet values; however, the odds change during games to match the current situation.
Make sure that you have some basic knowledge of the sport you’re betting on before opting for in-play betting.
Know Your Strengths and Weaknesses
Make sure you’re tracking your progress with online betting as you’re investing your hard-earned money. By keeping track, you will be able to note your strengths and weaknesses as you go along.
Once you get started, you’ll see that the sports betting market isn’t as daunting as it seems to be. You can have fun as long as you stick to betting on what you are familiar with. Remember to pick good value bets to avoid the disappointment of losing.
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