The appearance of sports betting houses in recent years has been constant. And also the web portals that offer this service for They appear everywhere, added to the advertising that invades different profiles inviting users to play on them.
Although you can earn some extra money, studies show that the percentage of players who earn high income is lowso most of them earn a supplement that helps them make ends meet or pay specific debts.
In this tutorial you will know the risks of investing money in sports bettingthe forms of betting currently on the market, the platforms that provide the service legally and five tools that every bettor should know.
How much money can you earn with sports betting?
Some consider that earn money online is easybut to do it efficiently time and patience are required. According to the experts, the quota won will be different depending on the amount invested in a certain sport.
In this case, You should look at the payment they offer for a meeting. See the fee paid for each euro wagered and multiply it by the amount you invest. Sometimes they are 2 for every 10 or 1.5 for every 10. On this calculation, you must get the final result of your earnings.
What are the risks of investing money in sports betting?
Although there are possibilities to earn extra money with sports betting, there are also certain risks that should be considered:
- It is not an investment in which you have a guaranteed returnyou depend exclusively on chance or luck.
- You have to analyze the amount of money to investto get big profits you have to risk a lot.
- You can become addicted to the gameso you must know when to stop.
- Of what you invest, you have the risk of losing 100%so you must be aware of the amounts to allocate to the game.
- It is a long term investment in which learning and patience are required.
What to take into account when choosing your betting platform?
Although there are many bookmakers and online portals that offer to make investments, there are several aspects that you should analyze before making the decision. Here are some:
- Make it reliable: having a license and the respective permits guarantees seriousness to the site.
- Design Ease: the way in which the portal and its user interface are prepared will facilitate the use and improve the experience.
- Promotions: Welcome gifts and extra commissions for investment are elements that give reliability to a website.
- Payment Methods: The methods for making withdrawals is one of the things that causes the most concern to users of betting portals. The greater the means, the more will be the options of receiving the money.
- Technical service: Assistance from specialized personnel is key, if it is offered 24 hours a day you will be able to solve any doubt without any limit.
Learn how to make money with sports betting
There are various methods and ways to earn money online. Each one carries his work and his formula to do it correctly. Here are listed eight procedures related to sports betting.
Bullish Directional Bets
This is about betting with a result, if it is correct, the prize is the multiplication of the invested quota. In this case, the amount offered by the bookmaker must be less than the real possibility that the marker will end up happening.
In certain cases, a good part of the money available to bettors is concentrated in the most attractive games, so to balance the chances of winning, many tend to bet against and if they are correct, they take the prize.
betting arbitrage
It is used when an encounter or challenge is achieved where the chances of winning are 100% negative. The study should lead to unbalanced situations in which it is convenient to make a safe bet.
The recommendation of the experts is to place bets in two different houses, one contrary to the other, so regardless of the result you will have profits.
low odds
Many think that low odds are sure-to-win bets, however, by making them the chances are reduced by up to 99%. That in turn means that if the result is given, the profit margin is very low.
A disadvantage is that apart from the chance of the bet, by doing it like a lottery you enter a pool where there are several bettors aspiring to win the same amount.
Specialize in one market
Due to the desire to obtain resources, there are those who begin to bet on all available sports, without having much idea of the game forms. A recommendation from specialists is specialize in a specific sport or particular market.
Currently, there are options to follow the competitions even in the farthest corner of the world. Taking advantage of these possibilities, it is best to specialize in one in particular.
combined bets
Combination bets can be a bad idea, as they become more likely to lose investment. It could be seen as more earning options, but it’s also a lot of money that you have to put in to see any profit.
If you look at the win table it can be very attractive, however the end results can be very hard to get right, so winning is the exception rather than the rule.
Avoid live betting
Place a bet at the moment leads to playing with the heart and not analyzing in depth the technical details of a game. When placing a live bet, you let yourself be carried away by your impulses and feelings, which fixes your mind on the results you want to happen.
In this case it is better to play with your head and not with the hunches of the moment, since these will increase the chances of losing money.
Tipsters
Tipsters provide necessary data and statistics to carry out a technical study of the games and hit the bet. There are all kinds on the web, so it is best to dig deeper to find out their reputation and see if they are really reliable.
The review must include knowing which are the markets in which they are specialized and the percentage of success they have had in the last plays. In the end, decide if you will use this method.
betting trading
This time it is about cross betting and not with the bookmaker, but against other bettors. The objective is to guarantee profits or at least that the losses are as small as possible.
These types of bets tend to be easier than the traditional ones, the detail is that in many places there is not much willingness to make them. Here changes the saying that the betting houses always have the best chances of winning.
Best platforms to bet online and earn money
There are dozens, hundreds or even thousands of portals and bookmakers that have their online service. Here are 10 websites that are available in many countries around the world.
sportium.es
This bookmaker is in the first places in Spain. Gives you a welcome bonus when you register and then For the first deposit, it multiplies it for you so that you can use it within the server.
In addition to legal sports betting options in various specialties, it has several live games such as poker and casino in real time, with which you can interact with players from around the world.
888sport.es
As in many of the Spanish houses, soccer is one of its strengths. Other highlights include casino and poker games, all in a compact and attractive design that has hooked players around the world.
Payments are made to various wallets, one of the most prominent being Paypal. In case you lose the first bet, they have a welcome bonus that you have access to after the first deposit of 30 Euros.
1xbet.com
The web offers you a wide catalog of sports on which you can bet. It ranges from the traditional and popular in the world to the most current such as electronic ones, among which is the league of legends.
Once you enter, you get a simple and easy-to-use interface, including various features such as the ability to play live poker and other classic entertainment options.
Codere.es
This company was born in 1980 and after many decades with a local presence, they began to enter online betting. They have a web portal and a mobile application to make the plays from the comfort of your home in the different specialties it offers.
Some of the sports found on the platform are soccer, tennis, basketball, and also E-Sports. It has a presence in Spain and Latin America, presenting live betting, casino and bingo, among other attractions.
Betsson.com
This Swedish page is specialist in betting and online casino games. The welcome bonus is 100% of the first deposit, which is a minimum of 10 Euros. In its portal there is a wide variety of options to make the bet easily and simply.
Among the wallets available for payment are Paypal and Skrill, giving security to each of the withdrawals. The experience of four decades is an endorsement for those registered on the site.
22bet.com
If you are a soccer lover, this platform is specialized in football. When registering, it gives you a completely free welcome bonus for which you must make your first deposit.
Its interactive use allows you to navigate without any difficulty, which is especially helpful for beginners. However, the most advanced also have this portal as an ally.
williamhill.es
This is one of the oldest bookmakers in the world, seeing its birth in the 1930s, which gives it an important prestige with a lot of work. Its welcome bonus is 200 Euros and it has various promotions to get you hooked.
It has a physical presence in 18 countries around the world, with a few wallets available, including Paypal and Skrill. The main sports are visible there, among which football, basketball and rugby stand out.
casumo.es
This company has three decades in the betting market that exhibits a wide variety of games and competitions in its catalogue, in addition to customer service. In addition to the well-known sports, there are some minorities such as beach volleyball and horse riding.
If you win a bet, withdrawals are made to digital wallets such as PayPal, Skrill or bank transfer. One of its favorable points is that It has a mobile application that can be navigated in a practical and simple way.
Wanabet.es
The two welcome bonuses offered by this company are among the most outstanding. One can be used for sports betting and the other can be used in online casinos. To register, simply add your personal data and create an account.
The sports section has several well-known competitions such as the Champions, UEFA League and Copa del Rey, among others. Earned funds are withdrawn via PayPal and bank transfer.
Tools for bettors that you should know
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