Betting on sports has been available for over 2,000 years with the origins linking back to Greece who were the inventors of the Olympic Games. Romans were also fans of sports betting which isn’t surprising given the popularity of gladiator games which took place during Roman times. Sports betting eventually spread across the globe into different kingdoms and now is a common activity for sports fans who either bet to win or to make the games more exciting.
Sports betting is relatively simple in most cases although the introduction of new betting markets and with bookmakers accepting bets on more and more sports, it can help to have some guides on how to bet on different sports and the betting options which are available.
Here at WhichBookie, we provide free guides for betting on a variety of sports which show you where to bet, how to bet and the most popular betting markets for each sport.
Some of the sports betting guides which we provide include:
|WhichBookie Betting Guides|
|Basketball Betting||Cricket Betting|
|Darts Betting||Esports Betting|
|Football Betting||Golf Betting|
|Horse Racing Betting||Snooker Betting|
|Table Tennis Betting||Tennis Betting|
|Virtual Sports Betting|
As mentioned, generally, sports betting is relatively simple. You place a bet and you either win or lose. However, if you wish to be a successful punter in the long term, there are many factors to consider.
Odds are are displayed in various forms on bookmaker websites with the most common format in the UK fractional and decimal. It’s useful to understand how both these types of odds work and how to calculate your returns and profits when using them. The vast majority of bookmakers allow you to select which odds format you’d like displayed across the site but the default setting differs between bookmakers.
It’s also important to understand that not all bookmakers offer the same odds and so you may wish to compare the odds for a bet between several bookmakers before placing your bet to ensure that you receive the maximum returns possible should your bet win.
Understanding probability and value is essential if you want to make a profit in the long term with betting. If you know the probability of an outcome then you’re able to calculate the true odds of it occurring. From this, you are then able to know whether the odds which a bookmaker is offering has value or not.
Bookmakers apply a margin to their bets which means that they generally offer lower odds than the true odds which is how they make a profit. However, bookies can overprice markets at times and if you’re able to spot these, you have found yourself a value bet. Value bets are not guaranteed to win every time but should return an overall profit in the long term which is the key to being a successful bettor.
You may be familiar with the most common betting markets such as Match Winner, Correct Score, HT/FT and others. However, in recent years, bookmakers have started to offer a large number of additional markets for various sports. It’s important not only to understand what these markets are and how they work but also if there is value in them. Always do your research into any new markets which you bet on. There are a lot of statistics available online which can help with this.
Feel free to browse our betting guides using the links above to learn more about betting on different sports and how to be successful in doing so.