Welcome to the Gamblerspro.com total sports betting guide. As well as a list of the best sports betting sites, we have lots of need-to-know information on the subject. Pick one of the betting sites from the table below, or keep reading to learn sports betting inside out.
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We’d classify this page as for beginner to intermediate bettors looking for new sports betting sites and tips and information on the subject. Scroll through it section by section, or use the links immediately below to jump ahead to the section you want to know more about. Taking the time to study the information here will help you win more often. It isn’t exactly sports betting for dummies, but it will explain the basics in a way which newbies can fully understand.
Sports Betting Laws
The most important thing for us is to find legal online sports betting sites. There are different laws in different parts of the world, and since we have no idea where you are visiting from, we’ve done our best to explain where sports betting is legal and where it isn’t on a country by country basis.
Each sports betting site review tells you if that website accepts players from your country, but we’ve also created an entire section of this site to explain sports betting laws in different countries.
To learn about online sports betting in the USA and the various laws which apply state by state, click or tap the US flag icon. We’ve covered every single US state, so we can tell you where online betting is legal, where it isn’t, and which betting sites accept US players.
If you want to know what the law says about online sports betting in Canada, click the flag and find out. It’s a grey area, but we’ll explain all of that in the guide. Basically, you don’t have to worry, but it’s still best to know what the law says.
British bettors should take some time to read our UK sports betting page. The UK has a legal and regulated online gambling industry, and there are lots of great betting sites to choose from. Learn more by tapping the Union Jack icon.
If you’re based Down Under, our Australian sports betting page has the info you’re after. Unlike casino games, which are banned in Aus, sports betting is legal and regulated. We’ll explain what the legal situation is in each state. Click the flag to visit the page and learn more.
New Zeland has interesting online gambling laws. It makes it illegal to bet online at websites based in NZ, but betting on overseas sites is fine. Find out more on our New Zealand sports betting page – tap the flag to visit it now.
Not from one of the countries above? That’s fine. Click on your country on the map below to find out what the law says about betting online. If we haven’t written a page for your country yet, we’ll be sure to update it soon.
How to Make Money With Sports Betting
Everybody wants to know how to win at sports betting. The truth is, there’s no surefire way to win every bet, but there are absolutely ways to improve your chances and win bets more often.
If it wasn’t possible, there wouldn’t be so many people engaged in sports betting for a living. Guys like Billy Walters have made a fortune at it, and while it’s not likely that most of us will become millionaires, it’s definitely possible to make money with sports betting.
We suggest familiarizing yourself with the two sections immediately below. The first section explains sports betting for beginners, and the second section runs through a list of strategies.
If you study and master these sections, particularly the one on sports betting strategies, you’re far more likely to make money on at least a semi-regular basis.
Sports Betting Explained
Before you can make profits, you need to understand how to bet on sports. You also need to know how the odds work and what your options are in terms of the bets you can place.
Online betting has opened up a whole world of possibilities. The days of placing straight bets on game outcomes as your only option are gone. These days, you can make prop bets and live/in-play bets on a wide range of potential outcomes.
In case all of this is making your head spin, let’s start with the basics and work from there.
How Does Sports Betting Work?
If you’ve never placed an online bet before, you may be surprised by how easy it is. You only need to follow a simple process to place your first bet online.
- Select a sports betting site which accepts players from your country. Register an account and claim any bonuses you are due. Don’t forget to connect your preferred payment method, such as your credit card or PayPal account. This will allow you to make deposits and withdrawals on demand.
- Browser through the various matches, games, fights, and events taking place. When you find one you want to bet on, check the odds for the various outcomes. The unlikeliest outcomes will have the best odds, and hence, they can be most profitable. It’s a risk-reward scenario which you will have to calculate for yourself.
- Click or tap the event, and it will appear in your online bet slip automatically if the betting site is halfway decent. You then need to enter the total amount you wish to bet. The bet calculator on the slip will calculate the potential payouts for your automatically.
- The final step in to confirm your bet(s). We pluralized that because most modern betting sites allow you to place multiple bets on one slip.
- This is the fun part. Sit back, watch the event if you like, and watch your bets come in. Remember that many sports betting sites also allow you to place in-play bets. Some will also allow you to cash out early.
Now you know the basics of how sports betting works. If you still need more information, we’ve created a detailed walkthrough which includes video footage of us placing a bet. This will show you how it is done and give you the confidence to try it for yourself.
Confused about the odds and how they work? Read our post ‘Sports Betting Odds Explained’ to learn more about it.
Types of Sports Betting
Understanding sports betting fully means you’ll need to wrap your head around the different types of bets which can be made. It’s no longer as simple as just betting on the outright winner of a match or fixture, although you can do that if you want to.
The main types of bets you can place include. These are brief definitions. Click on the name of any bet type to read a more detailed article on that type of bet.
Straight Bets – This is betting on the winner of a match, fight, or competition. For example, you might bet on Arsenal FC to win the EPL.
Accumulator Bets – Also called Accas, these bets involve multiple selections, and all of them have to be successful to win the bet. These have the potential to pay major wins.
Each Way Bets – If you want to bet on horse racing, you’ll have the opportunity to place each-way bets. This way, you don’t have to pick the outright winner. Your chosen horse just has to be placed to win some money.
Live Bets – These bets are made as the game or match takes place. For example, if a penalty kick is given to Brazil during the World Cup, you can bet on whether or not they will score it. Bets are placed and settled quickly, and there are lots of markets to bet on.
The different types of bets often make it more difficult to understand sports betting for beginners. It doesn’t have to be that way. Our guides will explain each type of bet in detail. They’ll also show you how to place these bets and the pros and cons of doing so.
Sports Betting Strategy
There are endless numbers of sports betting systems marketed online. We’re here to let you in on a little secret – most of them don’t work. As a matter of fact, most of them are created and promoted by sports betting sites to lighten your wallet.
Check out some of the following strategies. We explain how they work, and we actually used them across hundreds of different bets and have summarized our results. If you want to know which betting strategies work, these pages will show you.
Betting on Trends – This is one of the most popular ways to find potential bets. The idea is to find sports betting trends, such as football players who are on form, or horses which are on a winning streak, and bet on them. Experienced bettors know that form is absolutely real and you can definitely win bets frequently by betting on trends. We often advise our readers to bet on trends with our English Premier League tips.
Bet on Black Swan Events – A black swan event is defined as something rare which shocks everyone. It’s named after the Australian explorers who found the world’s first black swans. Betting small amounts on these events is good sports betting advice. This can work especially well when betting on fights where a single strike can win the match. Underdogs often create upsets in MNA, boxing, and other fight disciplines.
Hedge Your Bets – The idea of hedging is not native to sports betting – financial gamblers do it, too. The idea is to make a smaller, riskier bet with potentially big wins, and multiple larger, safer bets to hedge the risk. The idea is that if your risky bet wins, you will win big, and if it fails and the more likely bets win, you’ll come out evens or at least minimize your losses. This is one of the best sports betting tips and strategies you’ll come across.
Mobile Sports Betting Apps
Using sports betting apps is a popular way to bet from mobile devices. Almost all top bookmakers have apps for download, but you won’t necessarily be required to download them. There are pros and cons to doing so.
The Pros of Android Sports Betting Apps
- You can place bets straight from your device without having to load and log into websites.
- You can place bets faster than you would online. Often a couple of taps or touches will do it. This is crucial when live/in-play bets arise with a short window of time to bet on them.
- Some bookmakers offer free bets and extra bonuses if you download and install their app.
The Cons of iOS Sports Betting Apps
- Users of Windows and Blackberry devices often find it difficult to find compatible apps. Some of the top sports betting sites offer them, but not many do.
- Mobile betting apps make it too easy to bet. If you have a problem with gambling too often, it’s not a good idea to download them.
- They will use up space on your device. If you already have a lot of apps, this could affect device performance.
Bitcoin Sports Betting
Crypto sports betting has become a big thing in the last decade. Cryptocurrencies like Bitcoin, Ethereum, and Litecoin allow punters from all over the world to place bets online, even where annoying restrictions exist, and banks won’t serve gambling transactions.
Sports betting with cryptocurrency comes with multiple advantages: faster transactions, lower fees, greater privacy, and the ability to bet online in areas where banks will not service gambling transactions. For example, some Ehtereum sports betting sites have withdrawals which take an average of three minutes.
There are some disadvantages: cryptocurrencies are highly volatile, they do require a fair amount of technical ability to use, and the biggest betting brands usually do not accept them.
If you’re interested in knowing more about crypto sports betting, we’ve written a step-by-step guide on how to use Bitcoin to bet online. We’ve also got a list of the best Bitcoin sportsbooks.
FAQs About Sports Betting
Q. Why is sports betting illegal in so many states and countries?
Some governments feel it is their duty to protect ‘vulnerable’ citizens from the addictive vice called gambling. Unfortunately, this also excludes many players who enjoy gambling for fun from betting online. Each country has its own reasons, but it usually comes down to protecting national gambling rackets when you really analyze it.
Q. What’s the best sports betting bankroll management system?
Some people believe that you should only bet 1% of your own money on any bet. When you win, you can then use house money to make bigger, riskier bets. This makes sense, but it is only one way to do things. Read our guide to sports betting money management systems here.
Q. Do I need to pay tax on sports betting wins?
That depends on where you’re from. In the UK, for example, the answer is no – gambling wins are tax-free. However, every country has its own laws on this. We’re writing guides to betting in every country in the world, so you’ll find the information on the relevant pages.