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Betting in Simple Terms
Online Gambling Explained
For most people, betting online has become second nature. Indeed, for the companies that have online betting sites and physical betting shops, the online sites tend to do better than the brick and mortar locations. It is fair to say, though, that there are some people that haven’t yet made the leap from betting shops to betting sites. If you’re in that group then don’t worry, we’ll explain here exactly what it entails and why it is something that you’ll almost certainly come to embrace. The reality is that it is quicker and easier than betting in person but just as safe.
In fact, there is an argument that it is even safer than betting in person for the main reason that you won’t be able to lose your betting slip. Not only that, depending in the event that it is that you’re betting on, you might be able to do opt for something like a Cash Out on your wager in order to preserve some of the money that you might well have lost if you’d placed the bet at a bookie in person. Add in the likes of Live Streaming of events and you’ll soon see that betting online can offer you a richer experience filled with many more options than you’ll get in person.
Looking At The Basics
The first thing to think about when it comes to online gambling is how it actually works. Obviously you don’t need to worry yourself about the behind-the-scenes mechanics of how the website gets online or how Wi-Fi works; that way madness lies. Instead, just know that you can trust it all. Once you’ve loaded up the relevant site or you’ve downloaded the company’s app, you’ll need to create an account and connect it to your financial service. Again, this is completely safe and there are actually more options than just using your current account thanks things such as e-Wallets.
You can get onto the site or app using a computer, phone or tablet. Once you’ve done so, you’ll need to provide your chosen bookmaker with certain information in order to confirm who you are and the Know Your Customer requirements means that you might also have to provide them with some proof that you are who you say you are, such as a photograph of your driving licence or passport. From there, you’ll be presented with a wealth of options in terms of what it is that you’ll want to bet on, so don’t get too carried away and spend your bankroll in one go.
If you’ve been going to your high street bookmaker in order to place bets on the likes of horse racing and football then you can still do precisely that with your online betting account. Not only that, you’ll also be given the chance to look at any number of different sports from all around the world. Perhaps you’d like to place a bet on some darts or the cricket that is being played in India. Maybe you’re a big fan of North American sports and would love to get involved in betting on the National Hockey League. Whatever it is that takes your fancy, the likelihood is that you’ll be able to bet on it with an online bookmaker.
Once you’ve found your chosen sport, you’ll see all of the events that you can bet on within that sport. If you’re a football fan, for example, then as well as the likes of Premier League and Championship matches, you’ll also see games being played in the Bundesliga, La Liga and Serie A, to say nothing of games from countries such as Russia and Slovenia. Within each match you’ll then be presented with a wealth of different markets, from when the first yellow card will be given out to how many goals will be scored. Every sport will have its own options in terms of what you’ll be able to bet on.
Once you’ve found what it is that you fancy having a wager on, you’ll simply have to add it to your betting slip by clicking on it, then add your stake. Don’t forget, your stake will need to be in your account having added the funds from your bank. You place your bet and the record of it is added to you account. If it wins, your bookmaker will payout on it straight your betting account and you don’t need to do anything more other than making a decision about whether to withdraw any winnings back to your bank account or to leave them in your bank roll for future wagers.
One of the big appeals of online betting accounts is that they offer you a wealth of extras aside from just the actually betting. The big betting sites will also allow you to Live Stream the event that you’ve placed a bet on, depending on what it is. This is certainly the case with the majority of horse races, for example. You can also place bets and then decide to Cash Out on them if you feel as though they’re not going your way. Imagine a world in which you’ve placed a bet on your favourite football team winning a match and it is 1-1 with just five minutes left.
You would be forgiven for thinking that your bet is more likely to be a loser than not. As a result, you can look to Cash Out your bet, albeit this will probably be for a slight loss on your original stake. Even so, it is better to do that than it is to let it ride and end up losing your stake entirely. If you’re caught in two minds, some bookies will allow you to opt for a Partial Cash Out, whereby you take some of your original stake back and leave some of it running in the hope that your team scores a winner later on. These are just some of the things you can do with an online betting account.
It is becoming more and more common for online betting sites to offer more than just sports book options. The majority of companies now also have an online casino attached to the sports section, which means that you can get involved in the likes of blackjack, roulette or baccarat. You can usually either play a computerised version of them or even a live one, in which a dealer or croupier will be there spinning the ball or dealing the cards, interacting with you as they do. Regardless, it is entirely safe and the outcome is usually decided thanks to a Random Number Generator.
If you’re a poker fan then you might want to engage in an online poker room. The cards are usually ‘dealt’ to you be a computer program that assigns the cards to the players completely at random, but the opponents are real people that are also sat on their computer, tablet or mobile phone whilst playing. Whichever game it is that you choose to get involved in at an online casino, just remember that you can lose track of time quite quickly and spend more money than you were intending to. Make sure that you’ve set your bank roll and quit when it’s gone, rather than throwing good money after bad.
The most all-encompassing online betting sites will also offer you the chance to play bingo whilst you’re there. This works much the same as bingo in real life, with the requirement being to get a line, two lines or a House depending on the game that you’re playing. The bingo sites will often offer themed games, meaning that there are a wealth of options open to you in terms of the sorts of games that you can play at any given time. It isn’t just 90-ball games that will be on offer, but also various different game types that will work in different ways in order to keep you engaged.
As with online casinos, bingo rooms will often also offer you the chance to play slot games in between bingo rooms. In both cases, remember your bank roll and don’t spend more than you can afford to playing the numerous games on offer. If you win, the money from your winnings will be added to your betting account and you’ll be able to do decide what to do with it from there. You don’t need to worry about it as the site will do the sums for you, but if you want to know more about it then you can look for the likes of the Pay Tables on the site to see what the various payouts would be.