Online betting is quickly becoming one of the favourite pastimes around the globe. It is a great way to relax in your spare time and win some cash while having fun. For those of you who are new to online betting, we’ve prepared a list of tips that can come in handy as you embark on a journey through the flashy world of online casinos.
1) Bet responsibly: this is the first thing you need to keep in mind when betting. It is easy to get addicted to online betting, which can lead to grave losses. A good way to stay in control is to set limits and never bet more than you can afford to lose. If you catch yourself chasing losses stop immediately. More often than not this leads to even more losses. It is very important to stick to the limits you set in advance.
2) Choosing a bookmaker/casino: there are so many online casinos out there that choosing the right one can seem really challenging. Always read user reviews before putting your trust in an online casino. There are many good ones, but there are also plenty of illegal online casinos. Do a background check, see if the casino has licence and read the terms and conditions before depositing money.
3) Be careful with tipsters: if you want to bet on sports, you will probably run into a lot of websites offering tips and “insider information” in exchange for money. Although some of them could be genuine, many of them are scams. Moreover, you can easily find plenty of free information on the internet without wasting your money on tipsters. If you really need tipster advice, we recommend Betting Gods: they regularly monitor and publish the performance of their tipsters.
4) Bonuses: online casinos offer a variety of welcome and VIP bonuses, both for new customers, as well as for their loyal clients. Taking advantage of these can require some skill and experience, but it is very lucrative. Read the terms and conditions of a bonus offer carefully to avoid misunderstandings.
5) Understand the odds: the very point of betting on sports is to try to beat the bookmaker by finding the odds that are above “fair” value. Bookmakers have teams of experts whose job is to set the odds, but sometimes punters can outsmart them. This can happen for instance when a bookmaker is introducing a new market.
6) Do your research: when betting on sports it is crucial to get familiar with the game. The best way to do that is by watching lot of games and reading expert analyses. Track winnings and losses and try to notice patterns. Also, pay attention to line-ups, injuries and other relevant information that could affect the outcome of the game.
7) Live betting: live betting online is a great way to bet on sports because it allows you to place bets even after the game has started, leading to better chances of winning.