Sports Betting Explained: The Basics. Benefits of Sports Betting. Sports betting is one of the more. Knowing how odds work in sports betting is a key to being successful. When logged into your sportsbook account you can change how odds are shown for each event, with popular American, decimal. 9/4 odds converter.
There are steps you can take to ensure your safety, though, and we're going to explain all about them right here. One of the most important steps you can take towards safely betting on sports online is to join a trusted betting site.
Think you know what the score will be in this weekend's big game, or who's going to win the Super Bowl? Whatever sports you like betting on, online sportsbook has got you covered. You can place wagers on dozens of sports and events around the world with their easy-to-use sports betting service, and this handy how to guide can get you up and running no time.
What is Sports Betting?
If you've never tried sports betting before, then making your first wager might seem a little daunting. But don't worry, there's not much to it. Different events may feature different betting opportunities, but in its simplest form, sports betting is placing money on whether you think an outcome will happen or not. Your goal is to win money by making the correct prediction.
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It could be that the Eagles will win the Super Bowl, the Lakers will make the playoffs, or something more obscure. If you can think of it, chances are you can bet on it.
What is Sports Betting?
If you've never tried sports betting before, then making your first wager might seem a little daunting. But don't worry, there's not much to it. Different events may feature different betting opportunities, but in its simplest form, sports betting is placing money on whether you think an outcome will happen or not. Your goal is to win money by making the correct prediction.
It could be that the Eagles will win the Super Bowl, the Lakers will make the playoffs, or something more obscure. If you can think of it, chances are you can bet on it.
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Understanding the Odds
Learn How To Bet On Sports Online Games
Knowing how odds work in sports betting is a key to being successful. When logged into your sportsbook account you can change how odds are shown for each event, with popular American, decimal and fractional formats available. The original odds format shown will be based on your location, American odds for the North America continent. To choose your preferred option, you can change it from the sportsbook's setting, mostly in the drop down selection.
American odds start with either a positive or negative sign – with a negative showing how much you would need to wager to win $100, and a positive showing how much you would win from a $100 wager. For example – the New England Patriots to beat the Philadelphia Eagles at -110 would need a bet of $110 to win $100.
Where To Bet On Sports
Know your Bet Types
From straight bets to eight bet parlays, there is a range of sports bets available on the sportsbook, each with its own set of payout rules and criteria. See below for a quick list of some of the most common types.
Straight Bet
A straight bet is the easiest bet you can place. It is a bet on one selection in an event, such as predicting who will win the game. To be successful and win money, your selection must be correct.
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Parlay Bets
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A parlay bet is a bet on two or more individual events, such as the LA Lakers to beat the Phoenix Suns and the Golden State Warriors to beat the Utah Jazz. Parlay bets can come in a number of different formats, such as two bet parlays, three bet parlays and many more. The important feature of a parlay bet is that all predictions must be correct to win the bet.
