April 28, 2024
Online Sports Betting

Getting Started With Online Sports Betting

Online sports betting is becoming all the rage today, and many people who are sports enthusiasts are convincing their friends and family to get in on the craze. 

If you are one of those newbies who have been enticed by a friend or family member but feel overwhelmed by the prospect of making the type of huge Super Bowl bets that can occur, there is no reason to fret.

Get started on your own terms and make sure that you are comfortable with what you are doing. Be prepared to make mistakes and to lose some money. But as long as you bet wisely and set your boundaries, there is no reason that betting on sports should be agonizing or worrisome. 

You might find that it makes games more exciting and give you more interest in watching more sports with family and friends.

Where

Knowing where to go for the casual sports bettor just starting out can be the hardest part. There are so many different online betting websites and mobile apps to choose from that it can be pretty overwhelming to a newbie. But do some looking around and find the one that seems the best fit for you. Many of the betting apps are very user-friendly and organized by sport.

Undoubtedly, if you have been refereed or reeled in by a friend or family member, they will get you on track with the ones that they use. This is great on both sides because you get someone who can show you the ropes, and they usually get a bonus for bringing in a new bettor. That’s a win-win.

Take a look at these and see what you like before signing up. Many have offers for beginners that allow you to make some initial zero or low-risk bets or offer bonus cash to use on betting when you deposit a certain amount of money into their system.

How Much

How much money to start out with will vary from person to person. When signing up for the platform you choose to use, there may be a bonus for depositing a certain amount. Perhaps they give you $25 when you deposit $100, or they give you a risk-free bet when you deposit $100 or more. These are things to consider when starting out.

Be comfortable with the amount of money you are starting with and be okay with the idea of losing it all. If you can do that, it mitigates all the anxiety that might go along with starting out. Many new bettors start with a $100 and tell themselves when it’s gone; they are done. This is an excellent line of thinking for new bettors.

Many will see their initial investment rise well above $100 if they make smart bets. There are a lot of examples of people who started with $100 and have never put another dime into the platform for multiple years, just continuing to make bets with what they started and with what they have grown.

So pick an amount you are comfortable with and get started.

Placing Bets

Now that you have money in the system, get started making bets. There are many different types of bets out there that can be confusing and leave a new bettor in a daze, but trial and error can be the best way to test the waters. Most platforms will allow you to place very small bets until you get your feet under you. But remember, the bigger the bets, the bigger the rewards.

Most platforms have tutorial sections that help new bettors understand how their platform works, the basics behind placing bets, and the types of bets. This is something to definitely check out if you are new to the sports betting world. And don’t be afraid to do some of your own research. 

Many people have been in the same shoes and are glad to share their experiences and tips with new bettors.

Get Going

Don’t hesitate. You are in it now. Go have fun and keep learning as you go. Before you know it, you will be making sound bets, raking in some extra money, and having fun while doing it.

Written by
Richard Wilson
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Written by Richard Wilson