Top 5 Online Sports Betting Tips
While online casino gambling is hugely popular in Canada, so is online sports betting, as there are many top online sportsbooks that offer the latest betting odds on all manner of sporting events from all over the world. However, all too often budding online sports betting fans are hesitant to wager online because they are unsure of how to get started and don't know the basics.
Which is why we have compiled the following top 5 online sports betting tips:
1. Join safe, secure and reputable online sportsbooks to ensure you have all the latest and most competitive betting odds and lines at your finger tips. Also always choose online sportsbooks that offers in-play betting and live-streamed games. With in-play betting, you can bet on games and events as they are taking place, and if they're live-streamed, you can watch them live online.
2. Know and research the sports you wager on. There is no point in betting on games or events you know nothing about. Take horse racing. Make sure you understand how horse racing works, how horse race betting and pay outs work, and how to read and decipher a horse racing form, so that you can make well informed betting decisions. Placing bets based on a horse's name or because you like its colors is a surefire way to lose money.
3. Set an affordable betting budget. No matter if you're a small time betting fan or a big time betting fan, be sure to set a betting budget that suits your pocket. While online sports betting is by its very nature exhilarating and exciting, it should always first and foremost be fun and entertaining. Accept that you'll always have good and bad betting days, but you should never put yourself in a situation where you bet more than you can afford. Never.
4. Bet at the right time. It can make an enormous difference to your potential payout when you place a bet. For instance, in a scenario when you want to bet the underdogs, place your bet as close as possible to game time so that you benefit from all the action on the favorites. (It's no secret that the majority of sports betting fans always back the favorites). So, because you put your bet on late, you'll enjoy better odds and thus greater winning potential - provided the underdogs deliver, of course.
5. Bet underdogs at home. All too often online sports betting fans discount how important home advantage can be to a team's morale and confidence, and thus to its chances of winning. It often happens that slight underdogs pull out unexpected, but well-deserved outright wins. Similarly, big underdogs often cover the spread, and rarely fold in front of their home crowd.
 | Posted by Anton Johan at 07:04 on 20 June 2011 |
