Why are betting / casino guides & strategies so important?
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Contributing Rugby and Cricket Editor
Contributing Rugby and Cricket Editor
Sure, luck plays a big part in winning, but strategies and guides on betting offer ways to increase your knowledge base and take more calculated risks.
Taking time to understand how you can improve your chances of winning adds an extra dimension to the fun of gambling. Betting guides and strategies aim to keep participants financially safe, help them to avoid being tricked into giving money away on risky bets, or to unreliable US online sports betting companies, and direct them straight to the best US sports gambling companies sites.
Anyone interested in wagering on sports long-term would benefit from making use of
We rate sportsbooks based on promotions, bonuses, odds, reliability, and security. The Wetten.com team gives each provider a review that bettors can trust. Now you don’t have to waste time gambling on who to wager with and instead can get straight to betting on the best sports betting sites in the USA.
Betting Guides & Strategies
The basics of betting
Betting is the act of putting money on the outcome of an event – for example, betting on a sports match, an election result, or a horse race.
Bookmakers calculate odds based on the probability of an event’s outcome. They indicate the return you’ll receive if you wager on one of the options available.
There are three types of odds – fractional, decimal, and moneyline. Moneyline odds are the odds used most by players in the US.
Professional bettors use Michigan betting sites , West Virginian betting sites , and any other legal sportsbook to gambling on sports to make a living. Their explicit goal is to make a profit each time. Pros don’t rely on luck; They rely on their knowledge, mathematics, accounting, formulas, and expertise to win regularly on US sports betting sites.
Pre-match and live betting
Pre-match betting is preferred by those who like to analyze an event beforehand. That’s not to say that pre-match betting is safe.
Often unforeseen events can happen during a match when gambling on sports. Such instances drastically change the projected outcome, throwing all that careful analysis right out of the window. In this respect, live betting can have its benefits if used wisely and at the right time.
Single bet – a single bet is where a bettor will place a wager on the outcome of one event.
Accumulator bet – An accumulator bet pays out depending on the outcome of three or more events. It offers a higher payout than betting on three or more separate single bets, but it’s also harder to win.
System bet – System bets are similar to accumulators in that they are also dependent on the outcome of multiple events; However, they differ in that the payouts for these bets are not reliant on all lines winning. The payouts are scaled depending on the style of system bet you choose and the number of selections that win.
Money Management and Bonuses
Allocate your monthly budget
It’s crucial to be responsible and figure out a betting budget. That means calculating an exact amount to spend on bets in a month, and not exceeding it. You should never gamble money with sports betting companies that you can’t afford to lose.
Deposit / Withdrawal Options
Whether you are gambling at a Tennessee betting site or another, each of the sports betting companies has its set of options available. It’s a good idea to research these and make sure that the payment methods, fees, wait times, and limits for deposits and withdrawals are suitable. You can learn more by reading our article about online gambling withdrawal options .
Operator T & Cs
Bettors should always check any sports betting companies they choose for their terms and conditions. What glitters is not always gold when it comes to exclusive offers, promotions, and bonuses.
VIP / Loyalty Programs
The best sports betting sites in the USA offer VIP and Loyalty programs aiming to keep active bettors wagering on their platform. These are worth checking out before signing up. Loyalty programs tend to provide better rewards than once-off bonuses and promotions.
Some rewards can include:
VIP site memberships
Understanding Betting Strategies
Choose the right type / market
A betting market is a specific type of bet. There’s a massive range of betting types available, including singles, doubles, trebles, accumulators, win or place (in horse racing and greyhounds), and a multitude of others.
Researching and settling on the best betting market for the stake and return, and then selecting a bookmaker or sportsbook with the best odds is a sound betting strategy.
Usually, a match or event will have three outcomes – win, lose, or draw. A standard bet can be placed on one of these options. With two-way bets, the sports event or event can only have two outcomes – win or lose. Tennis singles or doubles is a perfect example of this.
Over / under
An over / under bet is when gamblers wager on whether the number of goals (points, touchdowns, etc.) scored will be more or less than predicted.
Progressive betting involves adjusting the stake based on whether the bettor won or lost the last wager.
There are many types of progressive betting systems that govern the exact amount, but they have two categories. The first is negative progression – they bet more when they lose, and less when they win. The second is positive progression – they bet less when they lose, and more when they win.
Useful betting knowledge
Is betting legal?
Gambling on sports in the USA online and offline was not allowed in the US until the federal ban was lifted on 14 May 2018. Some states have special laws governing gambling and sports betting like New Jersey and Pennsylvania. Reading up on state laws and limitations is a necessity when gambling in the US. Read up on the laws at Colorado betting sites , Indiana betting sites , or any other legalized states for that matter, as the laws will vary slightly from region to region. Some states allow horse betting online while others prohibit it outside of the track itself.
Should bettors do sports betting online in the USA or offline?
Betting online is a very different experience than offline / in person. Betting in person offers the social aspect that online doesn’t. Gambling online gives the user much more freedom without the need to leave the house to place wagers. It also allows users to place bets at a moment’s notice.
It all comes down to personal preference. Sports betting online sites can also have some limitations. If you’d like to know more about betting using mobile apps, you can read our article on gambling apps with real money
What tools can I use?
There are many tools bettors can use as part of their betting experience. Here are some of them:
Odds comparison sites – these can help to find the bookie offering the best odds.
Odds matching sites and betting exchanges – perfect for arbers; those looking to place many bets that guarantee a profit no matter the outcome.
Betting Calculators – these come with special functions to make calculating odds and payouts easy.
Staking tools – these help to decide on a stake to wager on a bet based on the odds.
Record-keeping tools – if a bettor is doing a lot of wagering, keeping track of all the bets is essential.
Tipsters – there are plenty of tips available for free, or paid subscription. Always research well before signing up for a paid one to make sure the tips are worth the price.
Do I have to pay tax?
Yes, some establishments may even be required to withhold 24% on gambling winnings of $ 5000 and over. However, the ultimate amount a winner is taxed depends on total income. Gambling profits are added to this to form your ultimate yearly income and tax bracket. It is also your responsibility to report your winnings.
Luckily gambling losses and expenses can be deducted from wins, as long as they can be itemized.
Betting / Casino Guide FAQ
🏆 There are so many guides available, which should I follow?
Find a guide from a reputable site or app. Avoid guides from the best sports betting sites in the USA that may be more interested in pushing services they’re sponsored to sell instead of giving sound, objective advice.
Always read the fine print. The best U.S. sports gambling companies have employed skilled lawyers to draft their terms and conditions.To help you find some of the most trustworthy operators, we have compiled lists of the new betting sites, with a focus on the No.1 bookies with a sign up bonus, as well as a list of the horse racing bookmakers in the USA We also know where to find the best sportsbooks odds amongst the No.1 bookies , so check out the rest of the website.
Seek out objective reviews about the best US sports gambling guides, and the best sports betting sites in the USA before depositing or gambling with an establishment. Make sure they are reliable, secure, legitimate, legal, registered, and safe. The provider you choose must be in good standing with its existing customers when it comes to promotions and loyalty programs, and resolution of issues.
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