Sports betting: where to start?

Betting has become an integral part of the sports industry. Betting companies sponsor clubs and leagues, everyone is talking about some odds while discussing sporting events. Therefore, it is not surprising that more and more newcomers are interested in this pastime. Inexperienced players face difficulties, so we and Telecomasia.net will give some tips that will allow newcomers not to get lost in the deep forest of betting.

Choose a bookmaker

The first thing to do is to choose a bookmaker where you will bet. An unsuccessful first experience can create a negative impression, therefore, when choosing, it is worth adhering to the following factors:
odds value;

• line: a selection of sports, tournaments and events;
• action line: a selection of bets;
• available methods of payment and withdrawal;
• legality and availability;
• good Live;
• Website usability, bonuses, customer support and so on.

Understand the types of bets

Before you place your first bet, you should know what they are.

Single bets

A special feature of this bet is the attempt to predict only one outcome of an event. The winnings are calculated by multiplying the sum of money by the odds. For example, you bet £100 at odds of 2.20, so your winnings on the bet will be £220 (100*2.20), the net winnings are £120 (£220-100 i.e. minus the bet amount).

This type of bet is considered the most reliable since your money will depend on only one result. Most betting strategies are based on odds.

Parlay bets

It is a bet on more than one event at once. An important prerequisite for winning is that all of the marked events in the parlay are won. In other words, a positive outcome can be a refund or a win. However, the game for several events at the same time has its drawback. If just one event is lost, the entire bet is lost. The margin on a parlay bet is calculated as the product of the total bets by the odds of all selections.
The more events you include in a parlay, the less it will look like a professional wager. But the excitement of the bet multiplies just as much as the odds. Every player would like to win a parlay with huge odds that would instantly multiply the pot many times over.

System bets

It is an aggregation of multiple parlays. This is a kind of collection of several options for parlay bets with a fixed set of outcomes. The number of outcomes and the amount of bets for each parlay are the same. Profit in the system betting is calculated as the sum of the winnings of the parlays that are included in the system.
The most popular types of bets are bets on the outcomes (1x2) and total bets. There are also bets on the action line (additional bets) - who will score first, how many substitutions, yellow or red cards will be in the match, etc. Betting on the total allows you to predict a smaller or larger number of goals, pucks, balls, etc.

How professionals bet on sports

To understand how to bet on sports, a beginner should follow some simple rules:

1. Always clarify how to bet on a particular sporting event. Explain to yourself all the unclear points, and only then make bets. Different bookmaker’s offices have different rules and commission rates.
2. Play small amounts at first. There is always the risk that you might mix up or misunderstand something.
3. Do not chase the high odds, they may hide the pitfalls. It is safer to bet on favorites, which are well motivated. You can combine such bets in parlays.
4. Determine for yourself a specific size of your bank. You will always know how much you are willing to spend, what bets will suit you, and when to stop to avoid bankruptcy.
5. Play only at reliable bookmakers. The richer and bigger the company, the more it values its reputation. Feedback from visitors is also important.
6. Do not bet all the money on one bet. The outcome of any match can be unfavorable for you.
7. Always know how to stop, even if you are lucky today.
8. Always keep an eye on the odds line. Ups and downs are never accidental. Follow sports news. Remember that the analysis is very important. Before you bet on a particular team, check its previous successes, the number of injured players, the number of yellow cards.