Internet sports betting opens up a whole new world to the casual hobby bettor, or the experienced professional. Usually you can only place bets if you can physically get to a sportsbook shop, and although some sportsbooks do allow phone bets, internet sports betting means you can bet on virtually any game from anywhere in the world. And now, thanks to enhanced internet security, you can bet large amounts in complete safety from the comfort of your own home.
By far the best thing about internet sports betting though, is that there are so many competing bookmakers offering different odds. From a consumers point of view, competition is always good, because it encourages the sportsbooks to undercut each other and offer us (the bettors) a better deal!
This means there are literally piles of goldmine betting opportunities on the internet – you just have to know how to recognise them when you see them.
Internet Sports Betting Goldmine #1 – Good Value Bets
Finding good value for your bets is easy, since the value is down to you. First off, decide how likely you think your team is to win, or lose, or whatever type of bet you’re making. Then, look for odds which support your choice, and offer you value. For example, if you think you team will win 3 times for each loss (3:1), you want odds that will pay you at least 3:1 on your bet. Any less than that and you’re not getting good value. Any more (4:1 or higher), and you’re getting GREAT value for your money.
Obviously, the hard part is deciding on the odds yourself. Be careful you don’t pick your odds to match those available from the sportsbooks. You have to make your decision first, then look for people to pay you.