AmericaGambles Bet Guide 101 for 2020
Sports betting is one of the oldest gambling forms in existence. People did not just start betting on the outcomes of sporting events today, they’ve been doing this for years. Although, there have been several changes in the betting industry, the fundamental concept of sports betting has remained unaltered. You simply place your wager on the most likely outcome, you win if you predict correctly and lose if incorrect. The relatively easy nature of sports betting makes it one of the most popular betting types. You can get started with just basic knowledge but it gets a little bit complicated as you go deeper, so you still have a lot to learn to get the most out of betting on sports.
The aim of this bet guide is to teach you all the necessary knowledge sports betting. The different staking and betting strategies, sports betting laws, best available sportsbooks and so much more are treated in this guide.
The Chapters of Our Sports Betting School
- Online Sports Betting vs. Landbased Sports Betting
- Betting Lines 101: Everything you need to know about them
- Betting Odds 101: Everything you need to know about them
- Tilt & Rage Betting: How to avoid losing against yourself
- Sports Betting Addiction: What can I Do?
- Sports Betting Jobs: Working in the industry
- Is Online Sports Betting really safe?
- Betting Hedge or Hedging in Sports Betting: What is that?
- Arbitrage Betting: How to use it in Sports Betting
- Sports Betting Tools: Calculator, Picking Tools & more
Tax & Law
That’s why our Sports Betting 101 is the best
Ever since the Supreme Court repealed The Professional and Amateur Sports Protection Act (PASPA) of 1992, numbers of online bettors in the USA have been soaring. That is why it shouldn’t be surprising if it takes a little long to even put an actual number of the amount of sportbooks in the US. The increase in the amount of online sportsbooks in the US has led to a reasonable amount of healthy competition and also certain issues in the market. Some sportsbook attempt to beat the competition by offering outrageous bonuses and promotions, while others work on making attractive games, and high definition games. However, some of these bookies can’t be trusted, and it is up to you as the player to put up your A-Game in finding casinos that is worth your money. This is the essence of this guide, AmericaGambles Sports Betting 101 comes in quite handy when you are trying to find your way around online sportsbooks. This guide will not only help you study and understand the different staking, wagering and betting strategies, it will only aid you to know about the specific bookies when you intend to wager your hard-earned money. Our carefully researched Sports Betting 101 helps as a great guide to bettors on any topics whatsoever so far as it is related to landbased sportsbooks, online sportsbooks, and the diverse kinds of sporting events and games to bet on.
Players from all walks can get sufficient details in regards to the sites where they make their wagers and enjoy doing so from their homes. Here, you will not only find facts and statistics, you will also be presented with verifiable offer, diligent research, and practical studies. There are certain important online betting information that may strange to a new player, such as the legality of online betting, online betting rankings, customer support system, transaction methods, and many others. But not to worry, all these will be thoroughly analyzed in this guide.
From our many topics in this guide, you will learn how to start playing at online sportsbooks conveniently, and how to derive maximum joy and satisfaction while at it. There is also a FAQ sections where some of the boggling questions in your mind will be given answer to. From here, you will find simple guides on setting up a new account with any online sportsbook, how to deposit, withdraw, and many others.
You will also find some of the best strategies, that has withstood the text of time on how to predict sports events correctly, and win big while at it.
Let's get you underway! With our guide to online sports betting, you are bound to go a long way very fast.
Top 5 Online Bookmakers
There are basically two federal legislations applicable specifically to sports betting in the United State. The laws are:
- The Wire Act conducted in 1961
- The Professional and Amateur Sports Protection Act or PASPA conducted 1992
The Wire Act made placing and receiving wagers on sporting activities through ‘wire communication’ illegal while PASPA was passed to shield sports from the influence of gambling. The intention behind passing the Act was to illegalize all forms of sports betting in the United State.
When these two Acts were passed, online sports betting did not exist. That is why the two laws didn’t make any direct reference to placing wagers with the internet. There have been several controversies as to whether the phrase ‘wire communication’ in the Wire Act ought to apply to the internet, even though the Department of Justice (DOJ) usually insist that it does.
For more information about the legality of sports betting in the US, please do well to visit our Wire Act page.
FAQFAQs on Sports Betting
In answering this question, your state gambling laws and the terms of the site must be taken into consideration. The legal sports betting age in many states range between ages 18 to 21. Underage betting is illegal, if you are caught betting as an underage, you’ll lose all your winnings and stakes plus you’ll be faced with other punishments. We highly recommend that you go through our sport betting sites page for more crucial information before you decide to register and play at an online casino.
This really depends on the bookmaker you select. If you are betting with any of the sites listed in our sports betting comparison, we can guarantee that they are to be trusted. On the other hand, if you place bets with offshore or unknown online bookmakers, you are on your own and we cannot guarantee your safety in any way.
Visit the sportsbook’s site, click on the ‘sign up’ or ‘join now’ button. You will be required to fill the form presented to you after clicking on the ‘join now’ button. Enter your user name, personal details, password and so on. You will be required to also accept the site’s terms and conditions. After this, your account will be open and you will be given access to place wagers.
Registered sportsbooks display this information for all customers to see on their sites. The information is usually displayed at the bottom of every page on the site. If you are not sure of the licensing status of the sportsbook, you can contact the relevant licensing authority to confirm about the sportsbook’s status.
The vig is also known as vigorish or juice. Vig is the amount deducted as commissions on every wager you place by bookmakers. Vig is incorporated into your bet so you need not pay an additional fee, this is how bookies make their profits.
We have provided you with plenty of options and some amazing advice that will help you make better bets in the future, so stop hesitating and get started with your first bet.