Easy Guide To Betting On Sports

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The sports betting market continues to grow every day, and betting online on any sporting event from anywhere in the world, makes this hobby an exciting gambling experience. Betting on sports at London Betting Shop is easy and the experience will give you the opportunity to make your hobby a pleasant way to earn extra money. 

Today, the betting options that bookies offer are, in some cases, very diverse. You can find new combined betting opportunities, allowing you to bet on any sporting event all over the world, and wherever you are.

If you are a sports fan and want to make the most of your hobby, you can use your sports knowledge to earn extra money and maybe you can turn to a professional bettor. You just need to dominate the market and bet wisely. 

In this article, we will explain in detail the world of online sports betting, the basics, the terms used, and also give you some tips to make your experience an unforgettable one. 

Bet Indicators: Odds

Each bookmaker includes the various matches that will be played in every league on the planet, giving each team the odds, based on their chances of winning a match. If two teams of a similar level are facing each other, the odds will be very even, understanding that each has a chance to win. On the other hand, in an unequal match, the odds will be very uneven. You can win a lot of money if the underdog team is victorious, but you will also earn less money if the winner is the favorite team.

If you want to know everything about odds, in this article we explain it more detailed.

What you Win Example 1

Let’s take an example of a match between Bayern Munich and Liverpool. These are two teams that are in good form as they have just won the Bundesliga and Premier League respectively. As the game will be balanced, the odds are fairly evenly matched, as there is not clearly a favourite or an underdog. The odds could be as follows:

Bayern: +210       

Draw: +340

Liverpool: +180

With those odds, if you bet on Bayern and they are winners, you’ll win 210 Euros for every 100 you bet. If there’s a tie, you’ll win 340 Euros for every 100, and if Liverpool gets the victory, you’ll get 180 Euros for every 100 you bet.

What you Win Example 2

In this case, let’s suppose Real Madrid plays at home in la Liga match against Cádiz, a more modest team that is the underdog. The odds could be:

Real Madrid: -435

Draw: +551

Cádiz: +1233

You know that this game is very favorable for Real Madrid, that is why the odds are negative. So if Real Madrid wins and you bet 100 Euros, you will get 535 Euros (465+100). If the game ends with a draw, you will get 651 Euros (551+100) for each 100 you risk, but if the visitors beat the favorite, you will win 1333 Euros (1233+100) for each 100 invested. As you can see in the final prize we add the amount wagered.


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Betting Terms

Asian Handicap

Is a form of betting on football in which teams are at a handicap. This means that one team receives a “virtual head start”, effectively leading the game by a differing amount or amounts before the game starts. For instance, Belgium and San Marino are playing against each other. You can bet that the Belgians win the match from four or five goals ahead, and the same for San Marino, giving a margin of defeat.

Bookie

This term refers to the central figure in the sports betting industry. All other things in the sports betting world revolve around this term. Other names for Bookies are also Sportsbooks or Bookmakers.

Favorite

The term refers to the player or team that is most likely to win in the bookmaker’s opinion. The odds they have, indicate how favored that selection is. In the case of decimal odds, the lower the number, the more likely it is.

Handicapper

Is a person or an expert who spends his or her time analyzing sports betting professionally. It refers also to sharp bettors or people who place bets with a lot of insight and skills gained through detailed analysis of sports events, games, individual players and other aspects of sports betting.

Half Time/Full Time

With this offer, bettors have the opportunity to place their bets on the outcome of the first half and the end of the second half of the same game. According to many bettors, this is one of the toughest bets for players to bet successfully on because it involves a lot of variables. Also because the situation in the game often changes without any rules.

Moneyline

Usually abbreviated as ML, it is possibly the most simple way to wager on sports. Bettors just choose a player or team to win. The favorite team or player on the Moneyline is the team that is expected to win. Example: Chivas beats América

Over/Under

This is a type of betting offer, where bettors have the opportunity to place their bets on whether or not there will be over or under a certain number of goals or the number of goals, will be the same as a limit that the bookmaker has offered. For many bettors, this is one of the most popular bets, especially when it comes to betting on soccer matches.

Parlay

Is a single sports wager that involves two or more bets combined into one, creating one big bet. This way, the payout will be greater and every game within the parlay must be right for the bet to win.

It is also called accumulator or acca and sportsbooks can give bigger payouts for adding more games to your parlay.

Pick

Simply, the game itself. If a player is asked for a pick, it only refers to the forecast of a certain match. A game with no favorite or underdog. The point spread is zero, and the winner of the game is also the spread winner.

Point Spread (or just “Spread”)

The number of points by which the supposed better team is favored over the underdog.

Stake

Is the amount of money you risk or invest in the success or failure of a result in a sports match, race, or casino game. Another name for the stake is wager and represents the total investment of a bet.

Teaser

Betting multiple teams and adjusting the point spread in all the games in the bettor’s favor. All games have to be picked correctly to win the wager.

If you want to know everything about teaser betting, read our article.

Underdog

The team that is expected to lose straight up. For example, if a team is a 2-1 underdog, you can bet 100 Euros that the team will win. If it wins, you win 200 Euros plus receive your original 100 Euros wager back, in total 300 Euros.

Tips To Betting On Sports

Betting must be a controlled entertainment, so always bet responsibly and set yourself a limit. Do not to risk fundamental money that you need in your day to day life.

Although risky bets give more money, it will always be more advisable to play in games with less probability of error, to get more “safe” money and continue betting with confidence.

Since nothing is safe in betting, do not be discouraged if you lose an unexpected game. Think wisely about your next move.

Try to play only in the leagues you know or you are an expert in. It may be fun and exciting to bet on a league you don’t know about. But doing so with teams you don’t know about, is a risk and you should be aware of it.

Play with betting combinations. Although the easiest way is betting on the results of the games, bookmakers give more options that are well paid. For example, you can bet on the number of cards, corner shots, who scores first, and any other trends the bookmakers can offer you. If you study them carefully, these betting options can give you a big return.

Always take advantage of the bonus bookmakers offer you when you register and place the first bet. They can also give you extra payment for your bets when you make your first deposit.

Betting on Sports With LBS

Our betting website is simple and clear. You can see the money you are betting on at any time. When you indicate the amount you want to bet, it automatically calculates the money you would get in case you win.

You can contact our customer service department at any time during the game 7/24/365, which will clarify any doubts you may have.

LBS provides an industry-leading gambling experience for winners across the world, offering better odds, better customer service and superior live betting. 

Place your sports bets now with London Betting Shop!

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Gambling can be addictive. Please know your limits and gamble responsibly