Online Sports Betting

Sports BettingWhile many of us have a great love and admiration for sports, sports betting can seem unfamiliar or strange for many of us. This is because although sports betting is clearly related to the sports we know and love, it is a totally different thing, and given that money is involved, you want to make sure that you know what you are doing. Whether you are interested in sports betting because you want to win money or you are looking to add some extra excitement to watching a sport you love or cheering the team you love, it is vital that you know what sports betting is all about. We’ll take you through different bets, betting odds and some of the most popular sports you can bet on.

Of course, with so many sports betting options, and so many sports betting sites to choose from, you may need a helping hand knowing where to play. We’ll take you through some sports betting site reviews in greater detail later on but if you cannot wait to get into the action, here is our top 3 sports betting sites.

Top 3 Sports Betting Sites
TypeGambling SiteBonusReviewVisit
SportsUnited States50% up to $250ReviewVisit
SportsUnited States100% up to €50

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Types of Sports Bets

The odds

Calculating probability through betting odds

One of the most common ways to see odds listed on site is through fractional odds, this is when the two numbers are separated by a slash, as an example of 10/1. This lets you work out how likely it is deemed that an event will happen.

  • 9/1 can be worked out as 1/(9+1)=0.10, which means that there is a 10% chance the event will occur
  • 4/1 can be worked out as 1/(4+1)=0.20, which means that there is a 20% chance the event will occur
  • 1/1 can be worked out as 1/(1+1)=0.50, which means that there is a 50% chance the event will occur
  • 1/4 can be worked out as 4/(4+1)=0.80, which means that there is a 80% chance the event will occur

Sports betting site reviews

Given that there is a wide range of sports betting sites, you may feel as though you need a helping hand to find the site that is best for your needs. This is why we are delighted to offer sports betting site reviews. These reviews focus on the aspects that we, and most players, deem to be important, and hopefully these reviews will help you determine what online sports betting site is best for your criteria.

We know that different players have different needs, so a site that is good for you may be bad for someone else. We want you to feel as though you can make the best call on what site is right for you, so you can be confident we’ll cover welcome offers and promotions, live betting options, general layout and we will mention negative points. Some sports betting reviews are flimsy attempts at sending you towards a site with the aim of earning affiliate marketing for the owners. This isn’t what we are looking to do. We know that there are great sports book sites out there, and there are some that should be avoided, we just want to help you find the site that is best for you.

Online sports betting FAQ

How to bet on sports?

Betting on sports is fairly simple with online sports betting sites set up to make things as painless as possible. Pick your favorite sport, pick the match you wish to bet on or choose your bet, select the amount of money you wish to wager, double-check the bet and then click on the button that says place your bet (or equivalent). The site will take care of the rest and you should find that most sites make it very easy to find the bet you are looking for.

Is online betting illegal?

Sports betting is entirely legal in most places but of course, certain locations or certain individuals may face restrictions. There are age restrictions associated with sports betting, so make sure that you meet the age criteria in your location. Some areas do not permit sports betting to take place online, and therefore online betting is illegal in these places but mainly, sports betting online is legal.

What are betting odds?

Betting odds are the expectations of an outcome occurring. Each outcome is provided with odds. An event that is likely to occur, a strong team defeating a weak team, will have small odds, which means the return from the bet will relatively small. An event that is unlikely to occur, a weak team defeating a strong team, will have large odds, which means the return from the bet will be relatively large.

What are money lines in betting?

Money lines is a US term for the most straightforward of bet, when you bet on a winning outcome in a sports game or event.

What is handicapping in betting?

Handicap betting is based upon balancing the advantage out between the two sides. If one team is favored to win, the handicap bet will see the bet focus on the favored team winning by a set margin or the unflavored team avoiding a defeat greater than the stated margin.

What is the best sports bet?

The best sports bet will differ depending to what a player is looking for, what they like and what sort of odds they are looking for. Some people will argue that an accumulator bet, which involves a number of separate bets which must all win for the accumulator bet to win, to be the best sports bet because the odds are higher, providing a bigger return, but of course, when the odds are greater, there is a larger likelihood of losing.

What is the worst sports bet?

Again, the worst sports bet will depend on the individual and their own needs. However, sports bets with low odds are considered to be the worst sports bet by many. This is because they provide very little return or incentive for the gambler.

Are there any Bitcoin sports betting sites?

Yes. This online currency is growing increasingly popular and more and more online sports betting sites are providing deposit and withdrawal options for Bitcoin users. We provide a detailed rundown of where Bitcoin users can bet on sports games online.

Different types of sports

There is technically no limit on the sports that can be bet on but you’ll find that most sports betting sites focus on the most popular sports. In the UK and in Europe, football (or soccer) is the most important sport, with the most betting options available. After this, sports like tennis, golf, rugby and horse racing are the most popular options. There is a growing level of interest in American sports but this may still be a niche area of the site you use.

For US based sites or at least sites aimed at US players, there is a greater level of focus on the US sports. This means basketball, football (American Football) and baseball are very important and popular. After this, soccer is a very popular option and beyond this, you move into niche sports territory.