Thinking Of Getting Into Sports Betting? Here Are 4 Things To Know Beforehand!

Given the number of sports that exist nowadays as well as the fact that there are numerous bookmakers to choose from, sports betting can appear a bit intimidating for a beginner. Now that the sports event of the year, the World Cup 2014 in Brazil, is approaching fast, besides the plethora of options available, people new to betting are also perplexed by the abundance of strategies various gamblers are currently using successfully, at least according to them. First off, it is necessary to mention that similar to casino games, there is no one-size-fits-all strategy in sports betting. Therefore, be wary of the paid guides that advertise their products as 100% strategies you can rely on. In addition, if you want to make some extra cash and enjoy this activity, you should also consider:

1. Taking advantage of the promotions

These days, almost all bookmakers offer a free bet or a free voucher worth up to $50 for bettors who make a first-time deposit. While it may not seem like much at first, it is necessary to point out that this is an easy way to earn some extra cash when placing your first bet. For example, if you deposit a minimum sum of $25 dollars and receive the bonus, then you will have double that amount to play with. In addition to this common bonus, many bookies also run internal promotions regularly, especially during important sports events.

2. Finding a tool to track your performance

Since losing a few tickets in a row can easily shatter the confidence of a novice bettor, an efficient method to keep a clear head is to acquire a tool that helps you track your performance. Frankly, you can even utilize Microsoft’s Excel spreadsheet for the purpose of tracking the wins-to-lost ratio as well as figuring out what is working and what needs changing. However, if you need a tool to provide you with more data, then the good news is that there are numerous complex spreadsheets online to help you with this one.

3. Creating multiple bookmaker accounts

Because different bookies offer distinct odds and allow you to understand the big picture better, the importance of having multiple bookmaker accounts cannot be stressed enough. First of all, you will be able to analyze and place a wager on a game with the best odds, a simple fact that could mean an extra $100 in your pocket. Furthermore, since bookies are not very fond of players with too much luck, you will be able to keep yourself out of their radar’s sight.

4. Each bookmaker plays by different rules

In case you didn’t know, each bookmaker establishes his own set of betting rules,
which are usually extended to the different sports he carries. This is why it is best to read these rules and determine whether you agree with “terms and conditions” before signing up and making your first deposit. In all fairness, if you feel that the rules are too restrictive for your taste or they are unfair – such as asking for an outrageous $200 minimum deposit – then you could simply take your business elsewhere.