
Online sports betting is becoming increasingly popular worldwide. People enjoy betting on their favorite sports, such as cricket, football, tennis, and more. If you are also interested in online sports betting and are new to it, we will help you understand everything with a step-by-step guide.
Let’s start with the meaning of online sports betting. It means placing bets on sports events through the internet. You can place bets on who will win a match, how many goals will be scored, or many other things during a game. You can use a website or app called a “sportsbook” or “betting site” to do this.
How to Get Started
It is very easy to start online sports betting. You only need a mobile phone or computer and an internet connection. Below are the simple and basic steps to follow:
Choose a Trusted Betting Website: Beginners should choose a trusted and secure betting website or app, which is also known as a sportsbook. This is very important because using a reliable platform helps protect your money and personal information.
Create an Account: To create an account on an online betting platform, you must share basic information, such as your name, phone number, and email address.
Deposit Money into the Account: Many platforms offer multiple payment methods that players can choose per their preference. Such methods are UPI, Paytm, PhonePe, or bank transfer.
Select a Sport: After depositing funds, players can choose the sport they like, such as cricket, football, tennis, etc., and can select the match on which they want to place a bet.
Place your bet and wait for the result. Some platforms do not require full KYC or ID verification, which makes it faster for beginners.
Common Benefits to a Beginner
There are multiple benefits to a player new to online sports betting. Some of the common benefits are:
- Easy Access: Players can bet anytime, from anywhere, using their phone.
- Low Minimum Deposit: There are many sites where you can start betting with just ₹100 or ₹200.
- Bonuses: The Online sports betting platform offers welcome bonuses and many free bets to new users when they join.
- Learn Gradually: You can start small and learn how everything works without big risk.
Common Types of Bets
Online sports betting offers many types of bets for players to place. Some of the simple kinds of bets for beginners are:
- Match Winner: This is one of the most popular and easy-to-understand bets. In this type, you bet on which team or player you think will win the match. It’s straightforward and doesn’t involve any complex rules.
- Over/Under: In this type of bet, players bet on whether the total number of goals, runs, or points scored in a match will be over or under a specific number set by the platform.
- Both Teams to Score: This type of bet is popular in football (soccer). This means you’re betting on whether both teams will score at least one goal during the match. If they do, you win the bet, regardless of the final score.
- Top Batsman/Top Bowler bets let you choose the player you think will score the most runs or take the most wickets in a match. This adds extra excitement to watching your favorite players perform.
- Toss Winner bet: You bet on which team will win the toss before the cricket match starts. While it’s purely based on chance, it’s still a fun and quick way to try your luck.
Beginners can start with these simple bets until they understand how the games and odds work.
Understanding Betting Odds
For beginners, it is very important to understand betting odds. These odds show how much money you can win from a bet. They also show how likely something is to happen.
For example:
- If the odds are 2.0 and you bet ₹100, you will get ₹200 if you win (₹100 profit).
- If the odds are 1.5, you will get ₹150 if you win (₹50 profit).
Lower odds mean a higher chance of winning but less profit, while higher odds mean a bigger profit but a lower chance of winning.
Odds come in different formats, such as decimal, fractional, or American, but most Indian betting sites use decimal odds.
Tips for Smart Betting
By following these simple tips, beginners can be successful in online sports betting.
- Start small: Always start placing bets from small amounts while still learning.
- Do research: Before placing a bet, always check team stats, player form, and match conditions.
- Avoid emotional betting: Don’t always bet on your favorite team; look at facts, not feelings.
- Please stick to one or two sports: Players should focus on one or two sports until they understand the game well.
- Use bonuses wisely: Use your welcome bonus or free bets on low-risk games.
- Don’t chase losses: If you lose, don’t bet more in a hurry to recover. Take a break and plan better.
Managing Your Online Betting Account
Managing your betting account properly helps you stay in control and avoid problems.
- Set a budget: Beginners must set a budget before placing a bet and decide how much money they can afford to lose each week or month.
- Track your bets: Always keep track of your bets to know how much you bet and how much you win or lose.
- Withdraw profits regularly: If you win, it’s good to withdraw some of your winnings from your account regularly. Don’t leave all your money in the account.
- Secure your account: Always use strong passwords and never share your login details.
Responsible betting keeps the experience fun and safe.
Choosing the Right Sportsbook
Don’t believe blindly in all betting sites because every betting site is not the same. You should know which is right for you, especially if you are new. Before choosing any sports betting site, always look for these features:
- Trusted and secure: The site should have good reviews and strong security.
- Easy to use: The app or website should be simple to understand.
- Fast deposits and withdrawals: You can add or withdraw money easily.
- Good customer support: Help should be available anytime you need it.
- Welcome bonuses: Choose a site that offers good deals for new users.
Bonuses and Promotions for Beginners
Multiple sportsbooks give special offers to new users. These may include:
- Welcome Bonus: Get extra money or free bets when you make your first deposit.
- Refer & Earn: Get money or bonus if you invite a friend to join.
- Cashback Offers: If you lose a bet, get part of your money back.
- Free Bets: Place a bet without using your own money.
Note: Read the terms and conditions before using bonuses so you know how to use them properly.
Common Mistakes to Avoid
Many beginners make small mistakes that can be avoided. Here are a few:
- Betting without research: Always learn about the game before betting.
- Placing too many bets: Focus on quality, not quantity.
- Betting all your balance: Always keep some money aside.
- Not checking odds: Odds tell you how much you can win. Always compare them.
- Ignoring terms: Read the rules of each platform and each bet.
Conclusion
Online sports betting can be fun and exciting if done correctly. If you’re new, take your time, learn how it works, and always bet wisely. You can enjoy the games more and make some money with practice.
Always remember that betting should be enjoyable. Don’t risk more money than you can afford to lose. If you feel overwhelmed, take a break or talk to someone you trust.