Online Betting Basics | A guide to making more money

The internet has helped various industries in a variety of ways over the last 25 years, but one area of the online arena that’s flourished more than most is the betting world. Since the year 2000, the internet has revolutionised the way people place their bets. Whether it’s poker, casino games or wagering money on sports, the internet has made the process of staking money both more efficient and more profitable.

For example, when you enter an online casino you’ll find a quiet, attractive and perfectly constructed platform. Contrast that with the kind of casino you’d find in a place such as Las Vegas with a sprawling gaming floor that’s jammed with customers and clinking chips. Even without entering either you can instantly tell that the former is more conducive to an enjoyable gaming experience, especially for the novice punter.

In fact, when you factor in that a virtual casino will now offer online betting via your mobile device, the process of placing a bet really couldn’t be easier. Why does this matter? Although it’s possible to make money in either realm, it’s generally accepted that it is easier to make money in the online betting space for a variety of reasons.

Online Betting: Why It’s Easier

What are those reasons? Continue reading and we’ll enlighten you:

Bet Anywhere You Want

The great thing about online betting is that you can literally do it from anywhere, providing you have an Internet connection. Being able to leisurely bet at your own pace from the comfort of your home, means you’ll not only be less distracted, but will be able to concentrate more, which, as you know, leads to greater profits. Moreover, because you don’t have to waste time on travelling to a casino or bookmaker when you bet online, it gives you more time to find generous bonuses and hone your gaming skills.

Bet Anytime You Want

Another advantage of anteing up at the top online betting sites is that their live betting markets are available 24/7. That means you’ve got a better chance of finding the best odds and placing a winning bet than your friend who is rushing to a bar or bookie, trying to place a last minute bet before they close.

Bet On Anything You Want

As we’ve mentioned, the online betting world has an almost endless amount of staking opportunities. Whether you’re into casino games, poker or sports betting, the best platforms have a range of options at a variety of stakes. From micro stakes to high roller rooms, online gamblers are able to wager their bankrolls on anything from NFL and basketball, to blackjack, roulette and Texas Hold’em. Basically, whatever your heart desires, you’ll be able to find online.

How to Start Betting Online

To enjoy the wonders of online betting you need to ante-up at an established operator. Do your research and make sure you find a platform that’s licensed with an official body. Doing this will ensure that your virtual experience is safe, secure and of the highest quality.

As well as doing your own research, make sure you listen to the experts. Read reviews and check out the latest offers to determine which online betting sites offer the greatest value. Once you’ve done this you should find that your time spent wagering money is not only more pleasurable, but infinitely more profitable.

Betting in the online world is now one of the best ways to make money in the gaming industry. Thanks to the growth of in-play betting, mobile platforms and betting exchanges, it’s now possible to place a plethora of bets with just a few clicks of your mouse.

This ability to speculate on sports from around the world or ante-up on a roulette table all within a single platform has made becoming a professional gambler a stay at home profession. However, before you try to make online betting your forte, it’s important to learn some of the basics tenets of the industry.

While it’s certainly possible to ante-up and make money through betting bonuses or blind luck, the key to long-term success is knowledge. Although guaranteeing a profit isn’t easy, there are steps you can take in order to increase your EV and boost your bankroll when you’re betting online:

Acquire Betting Knowledge

Learn as much as you can about your craft and its various betting options. There is a large body of sports betting and casino literature available to anyone who is dedicated enough to learn the craft. As a reference point, two of the industry’s most respected authors are Stanford Wong and David Sklansky.

Exotic Betting Strategies

A fantastic way to gain an edge over a well-educated bookie is to bet on obscure sports. When it comes to setting football or horse racing odds, the bookies are often well informed and deadly accurate. However, when it comes to sports such as lower league rugby or amateur boxing, bookies often don’t have as much information available and, thus, have to produce odds that aren’t as close to true. Therefore, if you can become an expert in these areas you stand a good chance of capitalising on any value bets you see.

Betting Control

Never bet more than you can afford. In sports betting and casino gaming, as with all forms of gambling, you should have a predefined bankroll and stick to it. In general, you should never wager more than 10% of your bankroll in a single session. Doing this will reduce your risk of ruin and give you the best chance of survival in the hostile world of sports betting.

Betting Bonuses

One of the simplest ways to improve your EV in the betting world is through bonuses. These cash handouts can take various forms, but the main premise behind each one is that you get something extra based on betting activities. This function of the online betting world is one of the reasons it’s become so popular with punters across the world.

If you’re a fan of betting and want to make the most money possible, then look towards the online world. Through a combination of educated play and special betting bonuses, you’ll be able to make more money with a few clicks of your mouse than if you were to ante-up in a brick and mortar venue.