With the advances in technology and the relaxing of laws around the world, there are more people than ever potentially able to bet on sports online. But for many, the world of gambling might seem like a closed shop, with a language and culture of its own.
The best online bookmakers, like MyBookie, are doing everything they can to dispel those notions and make sports betting more inclusive and open to all. But if you are new to betting you may still have a few questions. Most important is how to choose a good betting site in the first place. So here is our quick guide to help you get started.
Check the Welcome Bonus
Even if know next to nothing about online sports betting and sportsbooks you will still probably be aware of the number of offers out there at the moment. Betting firms have always been good at marketing and attracting new customers – and welcome offers and sign up bonuses are some of their main ways of doing that.
The first thing to realise is that these offers may sound too good to be true but they will all be above aboard as long as the bookmaker is fully regulated. But you should check the small print. All betting offers come with terms and conditions and it is here where you might realise that the bonus isn’t quite as good as previously thought.
There is no need to restrict yourself to just one betting site. In fact, betting experts would recommend signing up with a few sites so that you can get the best possible odds (more about that later). But you do still need to make sure your selection of sites are some of the best around.
The betting sites themselves are hardly going to give you an objective view. So a good idea is to check the many comparison sites out there. You can get to find out what actual customers think before trying them out or yourself. Again, there is no obligation to stay – or minimum length contract – so if you want to leave, you can.
Betting Market and Odds
One of the main comparison areas when it comes to sports betting sites is the markets available. This is the range of events you are able to bet on. You ideally want a wide range of betting markets – even for sports you have no plans to bet on – as this shows that the bookmaker knows what it is talking about.
Even more importantly, you should compare the odds offered. It may seem as though all betting sites offer similar prices. This is true but it is in the smallest differences where the bigger potential payouts happen. Look for a site that consistently offers better odds for a sport you are likely to bet on.
Figure 2 Make sure you really do your homework when it comes to choosing a betting site
Live Betting Options
When it comes to actually betting on sports events the trend is for in-play, or live betting markets. This is where customers are able to bet on an event that has already started. The odds will constantly change in accordance with the action, so you need to keep an eye on that and bet accordingly.
Live betting is so popular now that you will usually see the main markets highlighted on the main page, so you have no excuse for missing out. Another big plus here is if a site offers live streaming events as well. This is because you will get a better insight for your betting by actually being to watch the action unfold.
Available Payment Methods
This may not sound like the most interesting factor when it comes to choosing the right online betting site. But how you deposit and withdraw your money is key to the usability of any site. You will want a sportsbook that offers a wide range of payment options, as it shows it is keeping up with the times.
Debit cards are very popular, as are e-wallets such as PayPal. But many sites also accept cryptocurrencies these days. So if that is something you might use, look out for them too. In the end, you want to sign up with the betting site that is perfect for you. Do your own research and you should be able to find one.