Where to Bet on Sports in 2020
The emergence of daily fantasy sports and leagues over the past few years has led to a boost in the level of interest in sports betting both online and offline. This has opened the door for massive growth paving the way for a multibillion-dollar legal sports betting industry to emerge. With so many options available out there, it has become more important than ever to know where exactly to bet on sports.
- Betting Basics are pretty straightforward
- Betting on sports CAN be profitable for everyone
- Betting real money on sports is one of the most popular pastimes
Where to bet on sports: Get Started Today!
Have you ever found yourself asking, “Where can I bet on sports?” Well, you’re not alone as this is a common question shard by those new to online sports betting. We are currently at the point in time where the anti-gambling stigma that previously existed for many decades is fading from American popular culture. People can now gamble on different sports ranging from the more popular ones like football, basketball, and tennis, to the less so like golf, horse racing, and even poker.
Betting real money on sports is fast becoming one of the most popular pastimes in the world and some experts estimate that people wager over $250 billion on online sports betting every year, with $100 million wagered during the Super Bowl alone. With this rising interest in sports betting, it has become more important than ever to know where exactly to bet on sports. This sports betting guide will where to bet online, the basics of sports betting, and the strategies for winning money betting on sports.
Where can I bet on sports?
The first thing to know is the possible options you have to bet on sports. There are only three options for anyone who wishes to place bets on sports:
- Take a trip to one of the Las Vegas casinos.
- Find a local sports bookmaker close to you.
- Sign up for a betting account on an online sportsbook.
The first option may require you having to take a road trip or airplane flight depending on how close you are to Las Vegas and how eager you are to gamble. The second option depends on your local laws and regulations on gambling. So, if your state hasn’t legalized gambling yet, you may not be able to place your bets. Of the three options, online betting sportsbooks are definitely the easiest and most convenient way to bet on sports.
Tips for choosing where to bet online
Our sports betting comparison page contains all the necessary research and required information on the overall benefits of each online sportsbook provider. However, we have provided some additional online betting tips that can help you get started, before diving into a sportsbook or betting site, including:
Learn all you can about your chosen betting site
There is nothing more important when choosing where to bet online than doing your due diligence. This involves obvious things like reading up on everything you can about the different sports betting platforms, their various payment options, the available sports betting promotions, and the different betting opportunities they offer. You can also check on less obvious factors like their customer service options, and how easy it is to use user interface.
We also recommend taking the time to read through the terms and conditions of the betting site, including their minimum and maximum deposit and withdrawal limits. It is also important to find out all you can about the various freebies and bonuses they offer to avoid any unpleasant surprises in the future. For example, most online sports betting sites may offer bonuses and offers with a wagering requirement. This makes it necessary to find out the exact amount you need to wager before you can be able to cash out your bonus money.
Use the betting site’s knowledgebase section
Most popular betting sites understand that some of their users may be completely new to online betting in general. To help them out, these sites provide knowledgebases or step by step guides for those who wish to learn how to place bets. These resources are generally very useful and are designed to help you start betting quickly, whether it’s on football, basketball, March Madness, Kentucky Derby, Nascar, the Super Bowl, Stanley Cup, World Series, and any other sports event.
Start out with smaller bets
If you feel like you’re not yet confident in your ability to place bets on sports online, we recommend starting out with small wagers first. This way, you gain more experience and lose less money. As your confidence grows and you understand how that particular betting system works, you can gradually increase the amount. This system will help you manage your finances wisely. Remember that you’re gambling with your hard-earned money, so only wager the amount you can afford to lose. Do not attempt to place bets with any funds that you’ve set aside for your other regular expenses as this would be very risky.
Types of bets you can make online
There are many betting forms you can make use of today but most sports bets today often fall into three forms. These include:
- Point Spreads – This is the most popular way to bet today. A point spread is used to make the odds more level and make two teams more evenly matched. If we are talking about a Premier League match between Liverpool and West Ham, it is clear that Liverpool is the favorite. However, by adding a goal or two to West Ham's tally at the start of the game, the bookmakers make it so that the odds on both sides can be close to double money if you win.
- Moneyline Bet – In many sports, moneyline bets are used as the most basic betting market. Moneyline betting is quite honestly the market to bet on which team will win the match. In moneyline betting, the odds on the favorite will usually be pretty low, but the win will be more likely.
- Totals – Totals, or over/under betting is the market to bet on the final number of points in a match. For this market, it does not matter which team wins or which team scores the points as long as the total number of points is higher or lower than the line given by the bookie.
Where can I bet on sports online?
There are so many different types and forms of scams on the net, so we recommend carrying out your homework before joining any online sportsbook. Using sports betting sites is quite straightforward. Yet, it can be extremely important that all bets are placed with reliable bookmakers. This would be impossible if one was betting with offshore bookies, which is why looking at our recommended online bookmakers licensed in the USA is the right thing to do.
Finding an online bookmaker that you can trust can be a difficult thing for American bettors, so we prepared our Sports Betting Comparison which will give you a quick insight into all such online sportsbooks in one place.