The 2023 Sports Betting Guide

Online Sports Betting

Online sports betting sites are the only gambling sites that are allowed to operate on Australian soil. Hence, if you want to stay closer to home then maybe this is the right real money suit for you.

Sports betting is when you place a bet on the possible outcome of a game. The best part is that, unlike casino games, the results are not from a Random Number Generator. Hence, your odds at winning can be quite high if you play your cards well.

The best art of sports betting is that you can get to experiment from a large variety of choices. More so, you get to win real money while you enjoy the sports you love. Take it more as a fun way of getting quick easy money.

Additionally, unlike casino table games you have fewer concepts to grasp. The main problem might just be of picking the right fun sport choice. Hence, sign up with the best Australian online sportsbook and start winning real money right now.

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Online Sports betting Guide

Why You Should Try Online Sports Betting

There are a lot of reasons why sports betting online should be your ideal way of winning real money online. Luckily, Pokies hype is there to walk you through every step of the way.

Here are a few reasons why you should try betting on sports:

It Is Fun and Simple

The best part about sports betting is that it is the simplest type of gambling online. Hence, there are fewer rules that are involved when it comes to sports betting. After all, you can even start sports betting by just joking about with a group of friends.

Sports Betting Has a Variety of Choices

There is no limit on which sports you can and not bet on. But, all you need to do is make sure that you look for the best sports book online. In turn, they will have a larger variety of choices that you can pick from.

Here is a list of some of the sports you can find on the list:

  • American Football
  • Soccer
  • Basketball
  • Baseball
  • Soccer
  • NASCAR
  • Golf
  • Athletics
  • Volleyball
  • Softball
  • Bawling
  • Handball
  • Rugby
  • Judo
  • WWE

As many as the sports may seem, this is just but the tip of the iceberg. There are so many choices that you can pick from.

Sports Betting is More Entertaining

Unlike most online casino games, sports betting allows you to watch and enjoy your game. For instance, if you are a soccer lover; you can actually place your bet and watch the game. You do not necessarily have to participate and think like most online casino games.

Sports Betting is Cheaper

The best part about online sports betting is that you have cheap alternatives. Meaning, you do not really have to worry about not having enough money on your bankroll. The winnings are structured according to the amount of money you would have wagered.

Therefore, if the payouts are 5 is 1, it simply means that you are getting your bet multiplied 5 times. Meaning, wagering $4 can give you a $20 dollar win. Also, you will get to keep the original money you would have bet on.

If the payouts are 5 is to 2, it simply means you are multiplying your winnings by 2 and a half. Hence, if your bet is $20 you will get $50 in return.

Understanding Sports Betting Odds

You can use your sports betting odds to calculate your payout in the possible event of a win. Hence, getting better odds means that you will possibly win more real money online.

Betting on more popular sports means you will get higher odds. In turn, you will win more real money.

There 3 main types of odds:

Money line Odds

Money line odds can also be known as American odds as they are mostly found in America. In this scenario, you will get both the negative and positive outcomes of a particular game. Meaning, you will get the amount of money you could possibly win as a positive. On the other hand, the negative aspect will give you the money you will probably lose. The negative outcome is usually the wagering amount.

Decimal Odds

These are quite common in Australia. It is the simplest and easiest way of calculating your online sports betting odds. You are simply multiplying your wagering amount by the given decimal. Meaning, if you are betting $20 and the decimal is 2.50, and then your winnings will be $50.

Fractional Odds

This is also a simple and easier way of calculating your odds for those online sports betting mathematicians. Therefore, all you will have to do is calculate your odds in fractions. In a nutshell, if the odds are at 3 is to 2, your fraction will be 3/2. Meaning, if you pace a $20 wager, you will get $30.

How to Have More Fun with Real Money Sports Betting

Sometimes real money gaming does not always have to be boring and serious business. If you do it the right way, you will surely have the time of your life. There are a lot of ways that you can turn online sports betting into epic fun with the following real money betting tips.

    1. Manage Your Bankroll

      There are a lot of things that come with managing your bankroll for much more fun real money gaming. It is not only about knowing how much money you have in your gambling account. Firstly, we acknowledge the fact that there is a need for you to set a budget. Therefore, determine how much you are willing to spend while gambling. But, when it comes to sports betting, you also need to make sure that you do not place all your eggs in one basket. Meaning that you should not place all your money on one wager.

    2. Bet On the Sports You Love

Online gambling is about making sure that you get the best from whatever type of game that you enjoy. In this case, you will be having fun of whatever sport you love watching. Therefore, try and centre your gambling around the different games that you love. If you are generally a sports person then it means you will have a variety of sports to bet on.

  • Try the Different Wagers Available

    Sports betting comes with a lot of betting options for you to try out. Therefore, if this is the first time you will be trying it out then you will need to experiment with the different wagers available. Some of them we have already highlighted above. For example, prop bets provide an even more fun way of winning that real money online.

  • Do Research

    No amount of research is ever enough when it comes to real money gaming especially the major sports. If you try it out blindly, then you might end up losing a considerable amount of money. Therefore, you will have to be well-informed about the game that you will be playing. That way you can also get to calculate the probability of you walking away with something. With sports betting it is always important for you to have a thorough background search on who you are placing your real money on. Otherwise, you might end up requiring a point spread after placing your bet on a bad team. The best part is that there are a lot of betting apps that you can use to help you out. For example, research can give you a rough idea of the William Hill way of doing things to advance your winning chances.

  • Practice Makes Perfect

    It does not matter where you are, be it in Australia or the United States, there is always a need for practice. The best part is that there are a lot of sports leagues or sporting events that you can familiarize yourself with.

  • Real Money Gaming is All for Fun

    The reason behind gambling is for you to have as much fun as possible. Therefore, try not to focus on the money but on the fun that you will be having at that time. Meaning, you have to make sure that the money you are spending is extra, you are not going beyond your means.

  • Live Betting is More Fun

    When it comes to sports betting, live betting is even more fun and exciting. This is because everyone is anxiously waiting and anticipating the results. The best part is that there are a lot of platforms that you can use online for the best live mobile betting experience too. Pick the best online betting site and start winning real money now!

 

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Conclusion

When it comes to online legal sports betting, the main trick is that you are aware of your odds. After, you make sure that you know how to calculate your odds. Therefore, you will know how much you will have to wager according to how much you will possibly win for that particular amount.

Note that, the more money you wager, the more money you are more likely to win. But online sports betting is not really a complicated way of winning real money. You just have to be familiar with the basic gaming rule. Additionally, do more research on the team you are betting on; their performance, potential, and the chances of them helping you win.

Otherwise, there are so many sportsbooks for you to pick from in Australia. Some casinos online even have sportsbooks and a TV available for your sports betting. Make sure that whatever casino you use has the best customer service.

Online Sports Betting FAQs

Where can I place my sports bets online?
Australia has one of the best sportsbooks sites in the gambling industry. This is because the country only allows sportsbooks to operate on its soil. Any other forms of online gambling sites are prohibited.
What Is a favourite?
A favourite is simply the team or player that you will choose to place a favourable wager on. For example, predicting that Manchester City will win with 3 goals makes the team, your favourite.
What is the opposite of a favourite?
The opposite of a favourite is referred to as the underdog. This is the team you would have predicted most likely lose.
How much should I spend on sports betting?
The best part about sports betting is that the more you bet, the more you will win. Betting on the more popular games means that you will get to win even more.
Can I win real money with online sports betting?
You definitely can. Just make sure you sign up with the best sportsbooks that will give you the best odds at a given time.