Welcome to our guide to placing bets online. We’ll reveal how to place a bet online and win. Perfect for placing bet after bet on your favorite sport. Take a look below to find out more!
Sports betting is something that lots of people do, but relatively few people do it successfully. So we’ve created this handy guide that walks you through the key steps you need to take to enjoy placing bets online. It’s never been easier to know how to bet on anything from the Super Bowl or the Kentucky Derby and win!
It’s easy to know how to make sports bets online. You will first need to sign up to an online sportsbook to create an account and then make a real money deposit. From here you will pick the odds of what you want to bet on. This could be anything from ‘Chicago Bears to win the next Super Bowl’, to ‘LA Lakers to beat Boston Celtics’.
Once you’ve selected your odds, you just need to enter how much you want to bet. If your bet wins, you’ll win back your betting stake and make a profit depending on what the odds are. If your bet loses, you’ll lose your betting stake.
Picking a sportsbook to place a bet online
We’ve given you an easy way to find your perfect online sportbook. Just take a look at our comparison and you’ll quickly see all of the best betting sites in the US. Each of these sportsbooks are fully regulated in the US, so you can be sure of a legal, safe and fair betting platform.
Registering an account to make a bet online
Once you’ve found an online sportsbook that you like the look of, you’ll need to register an account. We’ve found that sportsbook registration rarely takes longer than a couple of minutes. You will normally have to provide some important personal information like your name, address, mobile number and date of birth. From here you’ll just have to verify your account, and then create a username and password.
Funding your bets for placing bet after bet on sports
Next, it’s a matter of making a real money deposit into your betting account. You’ll normally be able to do this via a range of online payment providers including Visa, MasterCard, PayPal, American Express and so on. There might also be the option to make a payment in-person such as with PayNearMe or via a casino cage.
Selecting the best value bets
Now that you’ve funded your account, you’ll need to think about what you actually want to bet on. Remember that money line bets on the game winner might not always give you the greatest value. This is why many people will bet on things like how different players perform, rather than putting their money down on a clear favorite.
Finding the best odds for placing a bet online
Odds are everything in sports betting. They determine what kind of payout you get should you win your bets. Remember that even the slightest variance in betting odds can pay off handsomely in the long run. Most sportsbooks will have roughly the same odds, but there are always a few who will work harder to give you evermore competitive odds. This is why we’ve dedicated a section of our site to help you find the perfect sportsbook with high odds. Now you just have to worry about making the right prediction.
How to place sports bets online on the bet slip
It’s easy to put your bets down. Just click on the odds that you like the look of, and then you’ll see that the bet has been added to the bet slip on the side or bottom of the screen. Remember that you should be able to keep adding bets here to make a parlay bet.
How much should you stake when figuring out how to place bets online?
Finally, it’s just a matter of typing in how much you wish to bet. It’s essential that you stay within your means here. By gambling responsibly and betting with stakes that you don’t mind losing, you’ll be able to handle those inevitable losses without blowing your entire budget. Don’t forget that you may also get the option to use any bonus bets that you’d picked up as part of any promotion.
If your 1st bet loses, get an equal free bet up to $1,000
Understanding how different odds formats work
Most online sportsbooks will display their odds in three different formats. Take a look below to see which odds format works best for you:
Decimal odds: This is probably the simplest odds format to understand. Simply put, the higher the number, the less likely it is to happen, but the more you get from your bets. Conversely, a low decimal number shows that it’s likely to happen, but it might not be too profitable.
American odds: Here, the odds are displayed with either a plus or a minus sign. A plus sign will be put next to the underdog, and it shows how much you’d win for every $100 that you wager. A minus sign goes next to the favorites and it shows how much you have to bet to win $100.
Fractional odds: This odds format displays the amount that you’d win on the left, compared to your stake on the right.
Placing bets online in different US states
Each US state has its own laws regarding online sports betting. It might be perfectly legal to bet on sports online in New Jersey and Pennsylvania, but you’ll find that the opposite is true in states like Utah and Alaska. The good news is that more and more US states are starting to legalize sports betting.
However, we should note that each state will have its own peculiarities when it comes to how you bet. You might only be able to bet at a retail betting outlet, or you might have to register your betting account at a physical gambling location. Plus certain states have still outlawed betting on college sports, while the activity is perfectly fine in other states. We’ll be here to guide you to the perfect betting site in your state.
Placing bet after bet on your favorite sport
Once you figure out how to bet on your favorite sport, you’ll find that the procedure is pretty much the same across all sports. There might be differences in a few of the betting markets, but the concept is ultimately the same whether you’re betting on football, basketball, MMA fighting or even esports.
Remember that once you know how to gamble on sports online, you’ll also be able to have fun wagering on casino games. After all, many sportsbooks will host their own casino gaming section. Perfect for some slots and table gaming before that big game!
Conclusion – It’s easy to know how to place a bet online!
By now you’ll know that there are lots of different steps to knowing how to place a sports bet online. The good news is that once you know the basics, you’ll be able to make a bet online for a variety of different sports from the NFL and NBA to the MLB, NHL and pretty much anything else. The bad news is that it’s up to you to always gamble responsibly to make sure that your bets don’t get out of control.
But by checking back into this guide, you’ll find that the process of sports betting is easy and fun. The hard part is making accurate predictions about who will succeed in that big sporting event. But as long as you don’t make the mistake of betting with money that you don’t have, then you should be able to enjoy placing bet after bet on your favorite sports.
Online betting is legal in some US states and not others. Plus your age also determines whether you are allowed to bet online. Be sure to read our US sports betting guide that is packed with up-to-date information about the online gambling laws in our country. Once you’ve read that, you can check out our handy guide that shows you how to place a bet online.
🏈How do you place a bet on football?
Betting on football is pretty much the same as betting on any other sport. However, there are a few important differences to take note of. Make sure that you have sports betting explained to see how betting on the NFL varies from betting on the MLB, NHL and NBA. This will allow you to enjoy placing bet after bet on any football game safe in the knowledge that you’re not making any rookie errors.
🏆Is it safe to place a bet on the Kentucky Derby online?
It depends on where you are putting your bets down. After all, things have rapidly changed in the horse racing betting industry in recent years. If you know how sportsbooks make money, you’ll know that some operators aren’t always 100% legit in how they operate. So make sure that you read our guide to placing bets online to see how you can bet on the Kentucky Derby in a safe and legal manner.
❓Can I place a bet on the next US election?
Most US sportsbooks will give you bets on much more than just hockey, basketball, football and baseball. More and more betting sites are putting on alternative betting markets for everything from esports to reality TV shows. Read our guide to see whether you can place bets online on political events like the next US election. Plus we can even give you tips on how to win at sports betting and much more.
🏇How do you place a bet on a horse race online?
There are many different stages of things that you need to do before you can put down an online bet on horse racing. These include using our odds comparison to make sure that you’re getting the best possible price for your horse racing bets. So take a look at our guide to how to place a bet online that’ll show you how to wager on all horse races in the US and beyond.