The World of Sports Betting
Sports betting is the process of predicting the result of a game, event or match by wagering on the outcome of the contest.
If you are a real sports fan, it would be easy to assume that you know that sports betting, both legal and illegal, happens in every professional game and in so many college games as well. So many times you probably wanted to place a bet yourself but weren’t really sure how to do it. Well, you’ve come to the right sports betting spot. Our mission is to steer you into the right direction of the sports gambling world.
In the United States, most sports bets are placed through illegal bookmaking operations. Nevada is the only state that is legally allowed to book sporting events with point spreads and odds. Nonetheless, it isn’t too hard to find a neighbourhood bookmaker in the other 49 states. Like motorists barely going over the speed limit, these “illegal” activities are rarely enforced by law enforcement.
Over the last decade, more sports bettors have turned to online sportsbooks to place wagers. The growth of the Internet during this time has enabled the online sports betting industry to flourish. None of these books are allowed to be based in the United States. Many are run out of other countries like Costa Rica.
There are some vague laws in the United States related to these operations. Generally, the laws don’t allow customers from the US to use these online sportsbooks, but any such activity is rarely enforced. Legislation has been put into place that makes it extremely difficult for US customers to make deposits into these accounts through their banking institutions.
Today we have hundreds of online sportsbooks. Many of those are very reliable and trustworthy, however there are some shady sportsbooks and as a new sports gambler you must learn to avoid those before depositing your hard-earned money into their betting accounts. We monitor all of the sportsbooks out there and after all the research is done at the end of the day only the best online sporstbooks are recommended to you.
In case you are completely new to sports betting, we suggest that you take a look at our Betting Guide which explains the basic aspects of sports gambling, including the most popular types of bets and terminology of sports betting. You should take an advantage of the things we gathered for you as we have travelled down the sports gambling path before you and we know that it can be easy to feel lost at times. Don’t be afraid to ask questions as well. Your journey in sports gambling should be very enjoyable.
Popular Sporting Events and Bets
Among all sports, football is by far the most popular sport to wager on. On fall and winter weekends, online sportsbooks are packed with customers. On Saturday, college football rules the day. On Sunday, the NFL takes over. The structure of football has played a role in its betting popularity. First, there aren’t that many football games in a season. In college, there are 12 games in the regular season. In the NFL, there are 16 regular season contests. So, each game is important. Second, the sport is ideal for television. The pace of the games allows for replays to be shown between plays.
Since most bettors watch the games on TV, it enables them to feel like they are a part of the action in some regard. Because there is a lot of scoring in football compared to sports like baseball, hockey and soccer, a point spread is used as a way to equalize the teams from a wagering perspective. Here’s what a typical point spread might look like:
Team A (-3)
Team B (+3)
When reading a point spread, it should be noted that the favoured team has the minus number while the underdog squad has the plus number. To win a wager on Team A, the bettor needs the team to win by four points or more. To win a bet on Team B, the bettor needs the team to win the game or lose by two points or fewer.
The popularity of point spread betting has led to basketball being the next most popular sport to wager on after football. Totals or over/under bets are the next most popular kind of sports wagers. In these wagers, the bettor will simply wager on whether the combined total of points/runs/goals in a sporting event will go over or under the posted wagering total for the game. Money line or straight wagers enable bettors to wager on which team/player will win a sporting event without any regards to the margin of the victory. After football and basketball, baseball, hockey and soccer are the next most popular bitcoin betting sports.