As a newbie to online sports betting you may find calculating the odds quite tricky whether its fractions or decimal, what do the numbers actually mean? To what type of bets do you place, doubles, singles, Tri-cast or trebles, placed or to win. So many different permutations it can be daunting. However help is available. Most online bookmakers have pages within their websites explaining the rules of betting and how the odds are calculated kerry899. This for newbies is a good starting point. It will also guide you through your first bet.
There are hundreds of online bookmakers, many you will already be familiar with such as Ladbrokes, William hill, Bet Fred, Bet 365, Coral and betfair. Its not my position to discuss which of these bookmakers if any, offer the best value to you but to offer you these as examples. A quick Google search with the key phrase “online bookmakers” or more specifically “horseracing today” for example will return hundreds of different bookmakers web sites. This would be a good starting point to help you see what is on offer.
Another good point of reference is Wikipedia. Just type the search term online gambling in the search box within Wikipedia to reveal a whole host of valuable information regarding gambling and online sports betting, although slightly Americanized with its content and references the principles can still be applied anywhere. The Wikipedia information is quite hard going but does offer links to bite sized chunks of information that can be easily digested stage by stage, you may want to bookmark this in your web browser so you can easily recall the information at a later date.
Now that you are more familiar with the different bookmakers you will have noticed that most of them offer free bets and incentives to open accounts, some even offer free horse betting tips. All the free money offers from registered bookmakers are genuine and can range in value to new account holders, from £25 worth of free bets (no deposit required) to £200 matched deposit. Let me explain. A matched deposit of 100% up to the value of £200 means if you only deposited £10, then the bookmaker would only deposit £10 into your account for free. On the other hand if you were to deposit the full £200, then the bookmaker would match it and place £200 in your account. Sometimes conditions are attached to the “free money” so please read the terms and conditions for each site carefully, so you’re not disappointed.
All these types of offers make opening an online account more attractive and there is nothing stopping you from opening many different accounts with various different bookmakers thus taking advantage of the “free money” and “cash bonuses” available. You may even find that some of the bookmakers offer other types of gambling accounts which interest you, like Bingo, or slots or even online casinos, within the same bookmakers’ website, all offering cash incentives. If you are a newbie to online gambling this is one horse betting tip I can’t recommend enough.
Take advantage of what is available online. If possible try to organise all your betting transactions online to help maximise you profits from the bets you place. Once you are up to speed with the betting terminology and the online betting process after some careful background research on Wikipedia and Google and you’ve found maybe a few desperate bookmakers offering you very generous bonuses to open an account you are now in a position to start placing bets.
Find a good Horse betting system and staying focused are two other Horse Betting Tips I mentioned earlier and in further articles I will go into more detail but in brief its simple. Find a betting system that works for you and one you can understand, backed by the research you have conducted into horseracing gambling and online sports betting there are many available, some free.
What I would recommend is you take your time selecting the right one. Look for systems that offer testimonials and have a proven track record, or even a money back guarantee. If it sounds too good to be true it generally is. As an example Bob Rothman has published a book on his system called ‘The Racing Success System”‘ in which he completely explains the concept of value betting and money managements, and there are pages of formidable looking tables to help you decide what the right odds are. However, Rothman believes the true professional must be “as disciplined as a soldier with himself, he must be made of steel. “Gambling is the hardest game in the world to make a living at. The usual state of affairs is that you lose more often than you win, but when you win you get much more, so that overall you show a profit. ” “The professional gambler has to learn to live with disappointment without allowing it to cloud his decision making ability”. Source: Horse racing pro, “how to beat the bookies and buy a gold Rolls Royce”- London Irish news May 10th 1990.
This is just one example of Horse betting systems, in this instance of “value betting”, a term you will have come across in your Wikipedia research highlights a profitable system for the long term professional gambler but not without its pitfalls, that’s why my third Horse betting tip falls here. Stay focused, as Bob confirms the professional gambler has to learn to live with disappointment but by staying focused to the task and the system you will overall profit. Remember, do your research, find a system and stay focused.