Despite the growing emergence of online betting as a whole, there is hardly a sport that can be compared to horse racing when it comes to long-lasting popularity and a rich legacy.
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The All New Karamba Betting Site! Karamba is a brand new bookmaker to our website which offers a simple free bet promotion to the tune of £10. Claim your £10 free bet by depositing and betting £10 on any sport! More → How to Bet; Special Offers; Reviews. Best New Gambling Sites UK 2021. Welcome to Bonusland s page about new casinos sites in the UK.We consider a casino new if they have launched within the last 24 months. But for you that are not satisfied with that we also have our list of brand new casinos which is the latest released casinos we know about. In general, yes, new betting sites with valid UKGC licenses are safe, legal, and secure, but, some new bookies still find ways to make it difficult for players, or break rules and receive fines from the UKGC. However, this is not a new betting site.
Betting and horse racing share an unbreakable bond that’s only become stronger with the introduction of online betting. Those of you who might be new to betting on this sport via the online sports operators should have a deep look at our extensive layout of available bookmakers which offer the best value for your money.
Listed in a table below are only the most reliable and trustworthy betting sites ranked by their payout percentage, betting margins, welcome offers, minimal odds requirements, streaming options and individual reviews that will surely help you make the best possible decision with choosing the bookmaker that’s best for your personal preferences as a horse race bettor.
You can even make useful comparisons between two or more betting sites you highlight as best to bet on horse racing that will ultimately help you make the best possible choice.
*You can re-order the tables by clicking the little arrows next to any option you’re looking to compare.Betting SiteRankOdds PayoutBetting Margin Horse RacingMAX BONUSMin.OddsBONUS OFFERBonus Expiry daysBetting Site LinkT&C10Bet4.013.70%£501.80 (4/5)50% up to £50 welcome bonus30SIGN UP HERE
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Horse Racing Betting Guide
Betting on horse racing is something that many people have done for years, with a varied degree of success. We now have an abundance of sports to bet on with the bookmakers, although despite that there is still a very strong market for horse racing betting. Whether you are new to the sport or you would a refresher about what is available to you, this horse racing betting guide will give you the information you need regarding the different horse racing betting markets that are available, as well as different basic strategies you can use.
Basic Horse Racing Betting Markets
Just like many other sports, there are a lot of different ways in which you can get involved when you are placing your bets on horse racing. Here are the basic betting markets that are available to you when you put your money down.
Win Betting
Quite simply the easiest way to bet on any sporting event is to back a selection to win, and in horse racing this is no different. This really is as simple as it sounds, pick a horse to win and if it wins you will get paid out as a winner, while if it loses you will receive nothing back. Your winning are determined on the odds of your selection when you place your bet, although you are able to back at SP if you wish, which gives you the starting price of the horse before the off.
Each Way Betting
An each way bet consists of two different bets. The first is a win bet on the horse like above, and the second is a place bet on the horse to finish inside the allocated placings for that race. This could be 1st and 2nd, although for many races it covers the first three, and in some cases it covers the first four. When placing each way bets look out for bookmaker offers on big races like the Grand National, where you will find place terms enhanced even further. You have two chances to win on an EW bet, if the horse wins then both of your bets are winners, and if the horse places then you have one winning bet out of two.
Read more about each way betting
Betting Without the Favourite
One of the increasingly popular horse racing betting markets is the betting without the favourite market, which allows you to bet on a horse race without the favourite, ideal for when we have a short priced runner. In this instance, you are a winner if your horse wins the race, or if it finishes second behind the favourite, and it is a great way to get value when the favourite is odds on.
Betting Against the Public strategy Explained
Multiple Bets
There are a number of different multiple bets that horse racing punters can use on their selections in the hope of winning big. The most common horse racing multiple bet is a lucky 15, consisting of four horses and 15 bets. This covers every possible outcome between the four runners, all the way up to an accumulator on them all, so the more winners you have the bigger your returns will be with this one. Lucky 31 and 63 bets are also available, and these are exactly the same except the lucky 31 has five selections and the lucky 63 has six selections, with 31 and 63 total bets respectively.
Tips to Improve Your Accumulator
Other Guides
Statistics in Horse Racing Betting & How to Use Them
How to Understand Racing Form Guide
How to Lay the Loser
Non-Runner Insurance Explained
Is Virtual Racing Fixed?
Rule 4 Explained - How to calculate a Rule 4 deduction
What is a 57 Heinz bet?
What is a Trixie Bet?
Simple Horse Racing Betting Strategies
If you are looking for a simple, but effective, way to pick out winners when placing your horse racing bets then look at the factors below and think about them when you are next placing your bets.
Study the Form
You don’t have to be an expert to study the form of a horse, and you can take something from this even if you are a beginner. Something as simple as looking at horses who have won last time out, or horses who have been running well and finishing close could be enough to find you a handful of winners to get you starts.
Check the Going
One of the most important aspects when looking at a horse race is the going. This is the type of ground that the race is ran on, and it has a huge impact on the outcome of a race. Some horses prefer hard ground in the summer, while others prefer it soft in the winter. Look at what type of ground a horse has ran well on before, and match it up with the ground for the upcoming race. This isn’t the only aspect to look at, but it is a way of ruling out certain runners when you are going through the field.
Trainers and Jockeys
Generally speaking, although following particular trainers and jockeys may not be profitable if you do it all of the time, this is a good place to start. As a rule of thumb, the biggest and best trainers have more expensive and better horses at their disposal, so they are likely to win more races than a smaller yard that has smaller owners who spend less. In a similar vein to that, the top jockeys get their pick of the best horses to ride, and are often associated to the biggest trainers, riding all of their horses for them.
In the longer term you will need to look at a broader spectrum in terms of trainers and jockeys, but when you are getting going there is nothing wrong with picking out a couple of big name trainers and jockeys to follow. This will get you used to looking at races, and although you may not land a consistent profit from them, they will provide you with further winners.
If you want to narrow this strategy down even further then when you are looking at a horse racing meeting you will be able to find information that shows the top trainers and jockeys at that particular course in recent years. These are people that have shown form at that course, and who could target it, so this is a good avenue to look at.
Other strategies
How playing poker can help horse race betting and vice versa
Public Gambles or in the Know Professionals? How to Spot the Difference
How playing poker can help horse race betting and vice versa
Advice on Picking Your Selections-How to pick winners in horse racing
How to Make Money Betting on the Cheltenham Festival
How to Choose Best Horse Racing Betting Sites
Horse racing is a time-defying sport.
The tides of time saw sports rush to prominence and lose their place under the limelight – especially when it comes to betting – but horse racing has always been a highly-popular choice with the fans and punters alike.
Having first hit the stage in ancient Rome through its chariot racing origins, horse racing has evolved into an adrenaline-boosting, unpredictable and highly lucrative sport.
Horse racing took full advantage of the incredible technological advances which over the past couple of years brought many improvements to the betting world. The sport took a firm hold of the reigns to cement its place as a leading betting choice for punters all over the world.
And with that kind of popularity came various betting opportunities with betting operators offering horse racing popping up almost daily.
If you are new into the whole online betting world, there are several things that need to be taken into consideration when choosing the right operator.
Do a Background Check
The most important thing you need to do before trusting your money with an online operator is to do a background check. Simply put, try to stick to fully licensed and registered sites. Make sure that your private information will be safely stored through an encrypted platform and that a site you want to bet on is trustworthy and reliable.
Recommendations are definitely one way to confirm the quality of a betting operator. There is a wide range of websites that offer unbiased and neutral reviews of online bookmakers with all of their advantages and disadvantages clearly stated to help you make the best possible decision.
Banking methods are another important aspect – which unfortunately gets pushed aside more often than you would think – and therefore it is extremely important to make sure that a site you choose will support your favoured payment options.
Check the Offering
As you go on to choose the site you want to bet on, it is implied that you have already determined the type of races you want to wager on. In case you haven’t, here is a quick reminder of the main types of racing, simply to push you in a right direction.
We’ll take the freedom to assume that most of you will not be that into the Endurance Racing which leaves us with:
- Flat Racing
- Jump Racing
The flat race season kicks off in March and lasts until November with the majority of big-name events belonging to this popular category. The very mention of Royal Ascot will be enough to get you excited as you bet on the fast-paced galloping stallions.
Not trailing much in terms of popularity behind the flat racing, jump racing is divided into three further categories – Hurdle, Steeple Chase and Bumpers. The latter is arguably the most exciting of all three as it is a gentler type that allows horses to race up to speeds of a flat race.
With all of the categories in mind, the betting sites that have most of the options available in their betting markets will deserve your attention.
Shop for Odds
The last – but not least – thing to look at is odds. Do not get stuck to that first betting site that ticks the aforementioned boxes but make sure to go around and do some window-shopping to compare the available odds on your favourite markets.
You would be surprised to see how odds differ from one bookmaker to another and getting the best possible value for your money is what we’re all after. Luckily, most betting sites will allow you to have a look at the odds without having to log in or register, which only makes it ever so easier for you to decide.
Five Ways To Choose The Best Betting Sites For Horse Racing
We examine the best horse racing betting sites and what you need to know
Horse racing and betting go hand in hand. Very few people that follow the sport or attend racecourses don’t place bets on the action, whether they are a fan of National Hunt racing or the flat equivalent.
Finding the best betting site for horse racing is very important. There is lots of choice when it comes to choosing a bookmaker and you should bear in mind the following things when selecting a betting site that will serve your needs for racing.
Does your horse racing betting site offer Best Odds Guaranteed?
A few years ago, bookmakers that offered horse racing odds realised that they needed to do something special. Something that would attract the eye of customers and thus Best Odds Guaranteed was born.
Best Odds Guaranteed means that betting customers get the best of both worlds when it comes to betting on horse racing. Any bookmaker that offer BOG will allow customers to take a price and guarantee to pay out at SP should the SP be bigger than the odds they took.
Therefore, it is important to choose a betting site for horse racing that offers Best Odds Guaranteed. Over time, you will make a lot more money from your racing bets than simply having to guess whether the price will drift or contract.
Can you watch live horse racing with your betting site?
You’ve placed a bet on the racing so it naturally follows that you should be able to watch the action and see if your wager is a winner. The great news is that a group of bookmakers have deals in place with At The Races and Racing UK.
These deals means that the likes of Paddy Power, bet365 and Sky Bet can live stream every race from the UK and Ireland all the way through the year. The only requirement is that you place a £1 bet or bigger on the race in question. Then you can access live racing pictures on your PC, laptop, tablet or mobile.
The picture quality is generally very good and it’s important to note the bookies that will show live racing when it’s not a live televised encounter which is often the case with the bread and butter horse racing.
Can I get free bets on horse racing?
Horse racing free bets are a brilliant incentive to keep returning to a particular bookmaker. There is the excellent welcome bonus that can be enjoyed when you sign up with a bookmaker and that can be available through a deposit bonus, a free matched bet or money back if your horse doesn’t win its race.
Once you have enjoyed the opening bonus, several bookmakers will then offer you extra promotions where free bets can be enjoyed when you have placed a certain number of bets. Or you might get something like bet365’s Channel 4/1 offer where you are given a free bet when backing the winner of a 4/1 shot for a TV race.
Free bets should be used carefully as it’s a free shot at the bookmaker and these bookies don’t give away too many freebies along the way. Look out for free bet offers around the time of the big racing meetings such as the Cheltenham Festival, Aintree, Royal Ascot and Glorious Goodwood.
What about price boosts on the horse racing?
Ah yes, the price boosts which have become all the rage. If you’re choosing a betting site for horse racing, then it’s important to select a bookmaker which specialises in enhanced odds on the racing on a daily basis.
The first type of price boosts are the ones that are available to new customers, with a bookmaker such as Paddy Power potentially offering Faugheen at 10/1 instead of the trading price of 2/1.
The bookmaker might cap the maximum stake at £10 and it’s a great way of enjoying a massive price to get you started with a racing betting site.
Then you get the other type of price boost or enhanced odds which is arguably more valuable over time. If you bet regularly on horse racing, then it’s great when you get daily price boosts for particular races. For example, a bookmaker might boost Cue Card to win the Gold Cup from 2/1 to 3/1 for a limited time only.
Enhanced odds taken regularly give you a better chance of making money over time. There are also chances to back horses in multiples at bigger odds.
Does your betting site offer multiple bet options?
In addition to backing horses as a single bet, you also want the opportunity to have horse racing bets where you place selections in doubles, trebles and other types of multiple bets.
For example, there is a bet called a Yankee where you have four horses and effectively combine them in doubles, trebles and a four-fold. Make sure that you have a bookmaker account where there is the option to place these types of bets.
On a similar note, you should choose a racing betting site where the maximum stake is as high as you need it to be. Some bookmakers cap the stake size for every day races and it can be frustrated when you’re not able to bet at the amount you want to.
How good are your bookmaker odds?
Horse racing odds can differ across the board and it’s worth having a betting account with several bookmakers to make sure you get the best possible prices. Some betting sites will ensure that their racing prices are as good as their competitors such as the bet365 Price Promise which is available for several high-profile meetings.
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Ultimately, there has never been a better time to bet on horse racing due to the sheer range of choice available. There are dozens of bookmakers available and they are falling over themselves when it comes to opening a betting account.
How to Bet on Horse Racing
Horse racing and betting go hand in hand since the beginning of time.
Eversince a man discovered that by sitting on a horse’s back he can cover greatdistances in a short amount of time and get the beast to run faster than hisfriend’s horse, there had surely been a bet or two to claim otherwise.
Bettingon horse racing is as popular as it’s ever been and it definitely is aremarkable thing to see this sport defy the betting trends, shifts and tides oftime, never allowing the emergence of other sports such as tennis and mostnotably football to ruin its betting reputation.
Horserace betting can be extremely profitable and that’s definitely one strongargument in favour of its popularity in betting circles. It can also drag youdown if you’re not careful enough and if you don’t know what you’re doing.
Learningto make the right bets, interpret the market and betting selections will helpyou improve your own odds of winning and here we’ll try to provide you with allthe essentials on how to bet on horse racing.
How to Pick a Horse Bet
Online betting has introduced a fresh batch of horse racing bets some of which have grown immensely in popularity over the most recent years.
A plethora of horse racing bets is what awaits you and you’d be wise to invest some time to learn a bit about every single one of them to make your horse racing betting experience a simple, pleasant and a lucrative one.
Win/on the nose/single bet is the simplest and most popular of them all, where you bet on a particular horse to win a race. Doubles are also a popular selection which is actually two selections for 2 different races with the winnings multiplied between horses – which means potentially huge payouts.
A single most popular horse racing bet is Each Way Betting, which is explained in detail below. Kajot casino 70 free spins games.
An important thing to remember when deciding on your horse racing bet is to have a look at the odds. The shorter the odds on a horse, the more theoretical chance that beast has of winning but it means less money, of course.
What is Each Way Betting
If we’re to describe it in a single sentence, Each Way is a win bet and a place bet on the same horse. You back your horse to win or to finish within certain places which improves your chances of landing it right even if it fails to win the race.
This betting option can usually be displayed as e/2 or w/p and it’s effectively two individual bets which sets your choice to winner, second or third place – usually – with options going to 4 or 5 depending on the type of the race and the number of horses running in it.
Each Way Betting will not be available for races with four or less runners.
Handicap Betting in Horse Racing
Handicap betting is an extremely popular horse race betting selection due to the fact it involves luck and a certain level of skill that requires the ability to recognise which horse could turn its apparent disadvantage into an upper hand and win the game.
Now to make it simple, a handicap horse race will see certain horses carry different weights allocated by the handicapper with better horses and favourites carrying heavier loads to lay the ground level for all participating horses.
A good handicapper will recognise a horse that will overcome the burden and still use its strength and power to win the race.
Handicaps differ from race to race and you need to be on constant alert and checking your Daily Racing Forms (DRF) before placing a bet.
Horse Racing Types and Terminology
So, you have finally decided to take your passion for horse racing to a higher level and want to test your skills and apparent knowledge on the sport through betting on it?
As avid betting aficionados we support the efforts and applaud the courage. Still, before you go knees deep into the exciting horse racing betting world make sure to get all the facts straight and learn the terminology – which is plenty in horse racing – just so you won’t get in any sort of problems of perhaps not understanding what’s there to bet on and how to do it.
The first thing you need to understand is that, unlike football where you have the same model just in various competitions, horse racing includes almost different kinds of the same sport with its different types.
Three most common types of horse racing are:
- Flat Racing
- Jump Racing
- Harness Racing
- Endurance Racing
Horses galloping directly between two points around a straight or more likely oval track is called flat racing. Jump racing involves horses running over different obstacles and this form of racing is usually referred to as Steeplechasing which in the UK and Ireland is best known as National Hunt racing – one of the most popular kinds as well.
Harness racing is a type of horse racing where horses trot or pace – not run – pulling a driver in a sulky. Ultimately, endurance racing is a race in which a horse travels across country over extreme distances.
Once you cover the types of horse races, as a horse racing punter wannabe you need to learn the elementary types of bets which widely differ from anything you’ll find in any other sport. This is why learning the terminology is crucial before you go on to wager money on horse racing.
Across the Board – this is a bet on a single horse to win, place AND show.
Show – now that we mentioned it above, show is a type of bet where your horse must finish 1st, 2nd or 3rd.
Place – your horse needs to come 1st or 2nd.
One the nose – you’re backing your horse to win only, one of the most popular and common betting options.
Daily Double – betting on two separate horses in consecutive races where each of your horses must finish first, with odds multiplied between horses for a lucrative win.
There is also a highly engaging set of bets that include two and more than two horses in a single bet. They might sound confusing and like they rather belong to an opera than a sport.
- Quinella
- Exacta
- Trifecta
- Superfecta
When it comes to Quinella, your horses need to finish 1st and 2nd in either order and this one’s considered a normal play to three horses. Exacta involves two horses that need to finish 1st and 2nd in exact order which is a riskier bet. Trifecta includes three horses which must finish 1st, 2nd and 3rd in exact order and this one can be a bit expensive and highly risky to go with. Ultimately, Superfecta is a bet extremely hard to win since it involves four horses in 1st, 2nd, 3rd and 4th.
The first online sportsbook was founded all the way back in 1996. Created only 2 years after the opening of the first online casino, a gambler from Finland placed the inaugural online sports bet on a soccer match between Tottenham Hotspur and Hereford United. The world of gambling would never be the same again.
Since that fateful day over 2 decades ago, access to the internet and participation in online sports betting have both exploded. In fact, in the year 2018, it’s expected that nearly $60 billion will be wagered with online bookmakers. That’s more money than the annual GDP for some smaller nations.
With such a growing and profitable industry available, new online betting sites are springing up all the time. But it can be difficult to discern which are worth your time, and which you should avoid. That’s where we come in!
The Best New Online Betting Sites:
Here is a list of the best new online betting sites out there right now:
Rank | DE Gambling Site | Sign Up Bonus | Get Started |
---|---|---|---|
#1 | Betway Sports | 100% up to €150 | |
#2 | 22bet Sports | 100% up to €122 | |
#3 | Spin Sports | 100% up to €200 | |
#4 | 10Bet Sports | 100% up to €50 | |
#5 | Guts Sports | 100% up to €50 |
This guide was written to help you decide which new betting sites to give your business to. With so many options out there, it’s easy to become overwhelmed with choices, and possibly fall victim to some unethical operations. We are here to not only provide you with the best new betting sites as determined by our team of experts, but also to educate you about how to identify a quality website on your own.
Lastly, we’d like to send you on your way with some decent beginner’s betting tips and things to keep in mind. Once you’re done reading this guide, you should have a solid foundation on which to begin your foray into online betting!
Qualities that the Best New Online Betting Sites Possess
Trustworthy/Safe
The unfortunate truth is that there are numerous online gambling websites out there that operate in unethical ways. Some are outright scams, while others just use shady tactics such as setting unfair odds or withholding payout requests for a variety of unacceptable reasons. Our primary concern is helping our readers avoid these companies.
This is why our experts take vetting our recommended websites exceptionally seriously. Traditionally, we will study a site’s history of dealing with customers and factor in their reputation, but since these are new betting sites, the process is a bit different. We must dig a bit deeper, researching things like the terms and conditions, average payout timelines, and the background of the companies and owners behind the online sportsbooks.
There is no criterion more important than safety and trustworthiness when choosing a new betting site. You are going to have to deposit hard-earned money into an account on any betting website that you pick. This demands a degree of trust and the expectation of honest, reliable service. We take these expectations incredibly seriously, as our readers’ gaming experience is our primary concern.
Responsive and Helpful Customer Service
Excellent customer service is the cornerstone of a positive online gambling experience. When giving an online sportsbook your patronage, you’ll want to ensure that any issue that may occur will be tended to in an empathic and quick manner. If you’ve ever dealt with a corporation that doesn’t prioritize customer service, you’ll understand why. It’s extraordinarily frustrating.
Before giving a new betting site your business, do a little research on their customer service department. There should be a clearly marked area of their website dedicated to dealing with customer problems. Find that area, and make sure there are multiple methods of contact available. You should typically see three options:
- Telephone
- Instant Messaging
It is worth your time to test each of these contact techniques before signing up. Call the phone number and verify that it is monitored and answered by helpful staff. Next, send an email to the address given. See how long it takes to receive a response; the quicker, the better. Lastly, test out their online live chat function and ensure that it is also monitored and provides instant assistance. This minimal amount of work up front may save you hours of headaches down the road!
Wide Range of Banking Options
It’s also preferable for new online betting sites to provide a wide range of banking options. The most important thing is that any place that you choose to sign up with caters to whichever financial transaction is most convenient for you. But variety can still be an essential trait, depending on where you live.
For example, you may prefer to use your credit card online. This may work for the majority of your transactions, but if you live in the United States, for instance, you will need to find alternative means. The reason being, the USA has passed legislation making it illegal for banking institutions to process transactions with known gambling operations. In this case, you’ll need to bank through Bitcoin or various e-wallets.
Different payment types also take different amounts of time to process. You may not mind depositing with a slower method, but you want your withdrawals fast. This is entirely understandable; it is your money, after all! Here are some of the average processing speeds for some of the many banking types online gamblers utilize:
- Bitcoin – Typically instantaneous
- e-wallets – Can be instant, but could take up to 3-4 days, depending on the betting site
- Credit/Debit Card – 2-5 days
- eCheck – 1-3 days
- Paper Check – 2-3 weeks or more
Quality Website
We’ve also found that the quality and professionalism of the website itself is paramount. A well-made site can drastically affect customer experience in a few distinct ways. Here are a few of the fundamental reasons having an easy-to-use, quality website is essential:
- Graphics Quality – These days, online betting sites offer a wide variety of wagers and features. One favorite type of sports gambling is called “live betting” or “in-game betting.” This is a type of wagering that allows you to place bets while a game is currently being played. Some new betting sites allow for live streaming of the event, and an interactive interface on which to make your picks while enjoying the action. This requires smooth streaming and upscale graphics to create an enjoyable, exciting experience for gamblers.
- Website Design – When you aren’t live betting, there are occasions when time is a significant factor for bettors. If you are attempting to get your picks in before the game starts and the odds are taken off the board, you don’t have time for confusion. If a site is difficult to navigate, which leads to an inability to make the bets you want, when you want them, it will drastically lessen your satisfaction.
- Professionalism – Again, you’re depositing your own money into an account on these new betting sites. You need to be assured that they are a top-notch, respectable, business. A well-made professional website can provide some of those assurances. You don’t want to be spending time and money with an organization that doesn’t take pride in their presentation or has inadequate attention to detail.
The Best Odds
Long-term, betting on sports is a numbers game. The slightest difference in odds can make all the difference in the world. For this reason, we only want our readers to play on the best new betting sites that are offering the very best odds.
Luckily, this is one of the exceptional advantages that online gambling sites have over their land-based competition. Without the ridiculous overhead required for things like staff, utilities, land taxes, etc., online betting sites can afford to offer you more favorable odds. Since successful sports betting is all about finding the most valuable lines, even a half-point difference can be the difference between winning and losing.
Variety of Wagers
In today’s constantly connected, fast-paced society, attention spans are nearly a thing of the past. While we can’t solve enormous collective changes like that, we can do our best to plan for them. One way to do so is to pick new betting sites with a full range of wagering options to keep you interested and entertained.
Variety is the spice of life, and as such we like to provide our readers with sportsbooks that offer lots of options. The more sports, events, and wagers available, the more creative you can get. This gives you the opportunity to develop a niche specialty that you can exploit for profit.
For example, you may find yourself particularly accurate when betting on first-half totals for NFL games. That won’t do you much good if they’re strictly taking point spread or moneyline bets. The more precise you’re able to narrow your wagers down to, the better. If you aren’t interested in breaking things down this way and prefer more straightforward bets, those are available too.
Worthwhile Bonuses and Rewards Programs
It’s always nice to feel appreciated, and this applies to online sports gambling just as much as anything else. That’s why when searching out the best new online betting sites, we consider the bonuses each company is offering up front, and the programs they provide for loyalty rewards. Nothing makes us feel more wanted than free money!
You’ll notice that almost all betting websites offer some kind of bonus for new customers. These usually come in the form of matching the deposit amount or free-play credits, depending on when the reward is received. Matching money is frequently provided upon the first deposit, while free bet credits are gifted solely for signing up, but before making a deposit.
But be warned, the bonuses that gamblers receive before establishing a history with a given site often come with numerous strings attached. You won’t just be able to sign up and withdraw your free money. Sportsbooks aren’t interested in just giving cash away for nothing! Regardless, the bonuses can be used to practice new betting types or to get comfortable with the site.
The more valuable prizes are given in exchange for customer loyalty. Most new betting sites have some kind of loyalty rewards program. They track the size of the bets you typically make, and how frequently to determine your player’s status with the sportsbook. High rollers and highly-valued customers can be eligible for anything from expensive merchandise, to vacations, and even vehicles.
For the majority of gamblers that wager more conventional quantities, loyalty bonuses can still add up to a significant gain. You may receive cashback on a percentage of your losses, points to trade in at the company store, or entry into various raffles and contests.
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Common Sports Wagers
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Moneyline Betting
When you place a moneyline bet, you are merely attempting to pick the winner of the contest. Because most sporting events take place between unevenly matched opponents, moneyline odds are used to express which side is favored, which side’s the underdog, and what the potential return is for a winning bet. All of this information is provided by either a positive or negative 3-digit number.
For ExampleYou may be placing a bet on an upcoming boxing match.
- Fighter A is the heavy favorite and offered at -500 odds.
This means that a bettor must stake $500 just to win $100. A winning $500 bet on Fighter A would receive a total payout of $600. That’s $100 in winnings, and the $500 that you staked returned.
On the other side of the equation is the underdog. In this case, Fighter B may be receiving odds that look like +650. This would mean that for every $100 staked, the gambler would win $650. Like the example before, if we were to bet $100 on Fighter B and win, the total return would be $750.
The further from 0 the 3-digit number is, the more heavily they are favored or the underdog. Even odds are -100, meaning you receive $100 for every $100 staked.
Handicap Betting
Let’s say you’d like to pick a winner in an upcoming competition, but you want to avoid the uneven odds that moneyline wagers often provide. Most sports offer some handicap wagering to make things more even. These bets are commonly referred to as “point spreads.”
For ExampleThe Patriots are playing the lowly Browns at Foxborough. If you were to bet the moneyline, the heavily-favored Pats might be offered at -800 odds, requiring you to risk quite a bit of money for a relatively small return.
The smarter play may be to bet the spread.
In this case, the bookmaker may determine that the Patriots are expected to beat Cleveland by 13 points. They will offer a handicap or spread of somewhere between 12.5 and 13.5 points. If you are looking to bet on New England, you may see them provided for even odds at -13.5. This means that whatever the final score is, you subtract 13.5 from the Pats total. In other words, New England must win by 14 points or more to win the bet.
If they win by less than 14, the bet is actually lost. Conversely, you will see the Browns odds listed as +13.5. At the end of the contest, 13.5 points are added on to their total score to determine the winner. They may lose the actual game, but as long as they keep it close enough to “cover the spread,” the bet still wins.
Futures Bets
Futures bets, like the name suggests, are wagers that are determined in the future. Rather than gambling on a single game or competition, these bets are placed on the outcome of a season. For example, it’s common for sports bettors to place bets on which team will win the championship or make the playoffs before a given season even begins.
Because these bets include large pools of competitors, for instance, every team in Major League Baseball, the odds are usually given as fractions. Fractional odds will look like 3/1 or 9/2. This is read as “three-to-one” or “nine-to-two,” and represents how much a winning bet will earn per dollar staked.
Futures bets can be offered on a number of things. Besides the standard championship bets, you may see bets on individual awards like MVP or the Heisman trophy, or which teams will win their divisions and/or conferences.
Bettors that identify a winning team before the rest of the betting public can make considerable amounts of money from futures bets. Just a few years ago in the English Premier League, Leicester City won the league despite being 5,000 to 1 underdogs entering the season. There were multiple gamblers that actually hit this bet and scored enormous earnings.
Totals Bets
Sometimes you may have a feel for how a contest will play out, though you may be less sure about which side will win. In these instances, totals bets, or over/unders may be for you. These are wagers placed on the total amount of scoring both teams combined will achieve.
For example, let’s say the Houston Rockets are playing against the Golden State Warriors. This contest promises to be a high-scoring affair. We may not be able to decide which team is more likely to win, so instead, we look to bet the total. In this example, we’ll say the bookmaker sets the total (or line) at 275 points.
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Once the line is set, we gamble on whether the combined total amount of points scored will go “over” or “under” that amount. If the game ends with a final score of 142 – 140, that game’s total was 282, meaning that it went over.
A common betting strategy for handicappers with a strong feeling about their predictions is to parlay a moneyline or handicap bet with a totals bet. So, you may decide that you feel the Warriors will win, and the total will go over. Parlay wagers combine several bets into a single ticket, increasing the odds as well as the potential payout.
Proposition Bets
Prop bets cover any other kind of wager that doesn’t fit in the types above. These bets can be about absolutely anything and are often both creative and absurd. A hot time of year for proposition bets is before the Super Bowl.
Every year sportsbooks all over the globe offer an extensive list of Super Bowl bets. These wagers range from gambling on the coin toss, to the length of the national anthem, which player will score first, and even the color of Gatorade that’s dumped on the winning coach’s head. The availability of prop bets is limited only by the creativity of the bookmaker.
Beginners Betting Tips
Whether you’re brand new to wagering on sports or just looking for a new online betting site, these helpful tips still apply. It’s important to remember that gambling does possess the potential for problem behaviors that may impact your life. As such, it’s vital to stay disciplined, responsible, and honest with yourself at all times.
Bankroll Management
Bankroll management is a term for planning ahead and organizing the money that you are going to gamble with in order to avoid problems. The first step is to determine the amount of money with which you are going to bet. This must be an amount that you can afford to lose without causing any disruptions to your day-to-day life or financial health.
Once you’ve decided on an amount of money, and how long the money needs to last, you organize even further by creating a staking plan. This will depend on how often you are looking to gamble within the timeframe you set for your bankroll. Vip slots login. Depending on the frequency you plan to bet, a staking plan breaks up your bankroll into individual bets.
For example, your bankroll is $500 for the month, and you only want to bet a single contest each week. Your staking plan would be to make four $125 bets. This helps you stay organized with your money so that you don’t blow through your gambling funds too quickly.
Document Your Bets
A helpful tip for improving upon the success rate of your gambling is to keep precise records of your betting habits. This can be done by simply writing each wager down, although using computer spreadsheets will be more helpful down the road. The more detailed your records, the more valuable they will become.
When documenting your bets, include as much information as possible. Record the pick that you made, the odds that you received, whether you won or lost, the thought processes behind your choice, and where you got your advice. Over time, these details will reveal a pattern in your handicapping. Maybe you will learn that a particular thought process tends to pay off often, or that a specific pundit commonly leads you astray.
Becoming a winning sports bettor requires more effort than blindly picking games. It takes constant refinement, attention to detail, and analysis of your results. The more work you put in, the more money you’ll take out!
Find Positive Value
This may come as a surprise, but the best sports handicappers don’t concern themselves with picking winners. In fact, merely trying to figure out which team will win and placing your bets accordingly is a surefire way to lose long term. Instead, you are trying to find positive value in the odds that the bookmakers offer.
The odds that are set for a given contest carry with them an implied probability. So, a bet with -100 odds means that each side has a 50% chance of winning since the return is $100 won for every $100 staked. Those would be the expected odds on a wager on a coin toss, for example. But what if the sportsbook offered +200 odds for heads, and -400 odds for tails?
In this situation, the bookmaker has made “heads” an underdog bet, despite both results having an even chance of occurring. In this situation, you’d have to bet on heads, no matter how strongly you anticipated the next toss coming up “tails.” Anytime the actual probability of an event is higher than the implied probability based on the odds, it’s a positive-value bet.
Shop for the Best Odds
There’s no rule that says you can only sign up with one new betting site. You can, and should, consider signing up with 2 or more so that you can shop for the best odds for each game or event.
For the most part, online sports betting sites will set similar odds as each other on each contest. But there are still instances when there will be slight deviations. No matter how narrow the difference, it’s always worth your time to seek out the most advantageous odds that you can find.
The professional odds makers that work for sportsbooks are incredibly accurate with their predictions. Bets commonly come down to the last play of the game. Even a half-point difference will often be the difference between winning and losing. Additionally, the payouts will be ever-so-slightly better, if you pick the most valuable bets. It may be a negligible amount extra for a single pot, but over the course of your gambling career, it can add up to significant sums of money!
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Research
We can’t tell you how much effort to put into your sports gambling. The more casual bettors may not want the hassle of doing extensive research and data collection. Maybe they just want to place their bets as a way to make watching sports more exciting.
But for the participants that want to win, research is critical. The best handicappers are always looking for an edge by crunching numbers and analyzing data.
NoteThe more effort you put into research, the more accurate your predictions will be. And if your predictions are reliable, spotting bets with positive value will be much easier.
Researching can include all sorts of activities. You can study advanced statistics and build sophisticated models to help you generate simulated results from which you form your decisions. Other people will only watch the pundits on television or read about sports online. Whatever you choose to do, just remember that there’s a definite correlation between research and winning.
Refine Your Data
Once you’ve grown accustomed to collecting data, the next step in becoming a winning sports bettor is always identifying which information was helpful, and which was useless. Building accurate models requires constant refinement of your data. For example, you may find that teams’ home and away records should be prioritized above their travel distances, so you adjust your approach going forward accordingly.
Constant refinement is how you learn from your mistakes. Let’s say part of your data set was a prediction from ESPN’s Steven A. Smith. After a few weeks, you’ll probably learn that he’s literally almost always wrong. The next move to make would be to remove his prediction from your data set, or at least change your approach to his information. Maybe you’ll find more value betting against him from now on instead.
Never Chase Losses
If there’s only one betting tip that you take from this guide, it should be this one.
ImportantChasing your losses is when you hit a losing streak, and rather than stick to your staking plan, you attempt to change your fortunes by making larger and more frequent bets to get back on track. Often, gamblers that are chasing their losses will feel “due” for a big win, and thus make more massive bets to recoup the money lost on a recent string of failures.
Avoid the temptation of ever feeling due for a win. Gambling doesn’t work that way; each bet is independent of every other. We all inevitably run into rough patches in which we are unlucky. When this happens, it’s more important than ever to stick to the staking plan and continue managing your bankroll with discipline.
By making the right decisions during a losing streak, you can protect yourself from devastating losses and financial instability. One of the most common ways gamblers dig themselves into a hole is by chasing their losses. If your luck doesn’t turn around as planned, you can lose significant amounts of money quickly, which leads to horrific consequences. Never ever chase your losses!!!
To Wrap Things Up
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If you’re looking for the best new online betting sites, you’ve come to the right place. The online sports betting industry is a vast sea of legitimate options, scams, and well-intentioned but poorly-run gambling operations. With so many sites to choose from, it can be overwhelming for novice bettors.
Rather than trouble yourself with hours of research and studying websites, which could be better spent making your picks, let our experts show you the way. Our team is continuously vetting and reviewing new betting sites in an effort to only pass along the best recommendations to our readers. This allows you to rest easy, knowing you’ll be dealing with the safest, highest-quality online sportsbooks on the internet.
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So, check out our list of recommendations and find the betting site that’s best for you. Now that you’ve read this guide, you should have a clear understanding of what to expect from the best new betting sites and a sturdy foundation of knowledge from which to make your picks from. Whether you choose to dive into the research and put immense effort into your picks to win big, or you merely want to make watching the game more exciting, the world of online sports betting has something for everyone.