Today, thousands sign up every day on poplar betting platforms like Betway. Millions of punters get engaged in the activity either to earn some extra cash or as a form of entertainment. Although there are people who participate in sports betting, there are some who shy away from gambling. Some think that it is too hard, or it will take too long to learn the basics and become a pro.
However, if you are torn in joining sports betting, this article is about to change your mind. We will tell you how you can get started on sites like Betway, the easy way. All you need to do is sign up on https://www.betway.co.za/ and you’re off to a rewarding journey as a punter!
Here is a complete beginner's guide to sports betting.
The building blocks of sports betting. Once you have decided that sports betting is the go-to choice for you, then these quick steps will help you get started.
#1. Learning the mechanics.
It does not matter what form of sports you are going to wager; the result is that you need to learn the mechanics to get the grasp of betting. There are three elements which make up a sports bet;
Selection.
Stake.
Stake refers to how much you are going bet. For instance, you are betting $50 on a football game; then the stake is $50. Some punters bet high stakes. This refers to an individual who bets large sums of money.
Odds.
Newbies can get confused with the term odds. It refers to the probability of something happening. For instance, in Superbowl game, a bookmarker can have the Steelers 2 to 10 underdog against the New England Patriots. These means that if the Steelers were to play their opponents ten times, they would only win twice. But if the Steelers win you make a lot of profit.
#2. How to place a bet.
If you understand the mechanics of sports betting, then placing a bet is quite easy. You are only required to make a selection, identify the odds, and choose a stake. However, you need also to learn the different ways you can place a bet. They include;
Telephone betting services
Casino betting.
Betting shops.
Online sportsbooks.
#3. Learn the types of bets.
Before you place a bet, you should familiarize yourself with the various markets available. Some of the standard wagers that beginners should understand include;
Moneylines or win bets.
They require you to select the winner of the competition.
Totals(Over/Under)
This type of bet a sportsbook will give you the total points expected in a match. You then choose if the outcome will be over or under those points.
Points spread
A sportsbook will assign the favored team a certain number of points. You need o select if the team scores over or under those points given by the sportsbook.
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