All About Sports Betting Online
Sports betting in New Zealand is as much part of the culture as playing the game or watching the action at home. For casino and gambling enthusiasts, Internet betting has become a valuable resource for sports fans as it offers secure and convenient wagering via desktop or mobile. For those who are new to the concept of this type of wagering and are interested in getting started, here is what you need to know:
Where Can I Bet?
The answer to this is easy, at registered and licenced online bookmakers we recommend! If you are keen on getting started, the first step is to sign up with a licenced New Zealand bookmaker. There are plenty of sites to choose from so it’s best to look around and find a site that is user friendly, offers multi-platform access, a wide range of sports, competitive odds and secure banking.
What Sports are Available?
Once you have signed up, the first and most important step in the betting process is deciding on what sport to bet on. The decision should be based on knowledge rather than what is available. The golden rule is to always wager on a sport you are intimately familiar with. If you are a passionate soccer enthusiast, chances are you will know all the teams, the players and the coaches in the upcoming tournament. The information you have will give you a better chance of picking a winner.
Unlike gambling, this type of betting has a lot to do with research and skill. The more information you have at your disposal, the greater your chances of placing a successful wager. As such, it is best to choose a category you are familiar with.
The good news is that there are plenty of options available. The best sites offer dozens of categories including Rugby, Cricket, Baseball, Basketball, Horse Racing, Ice Hockey, Motor Racing, Badminton, Volleyball, Soccer and just about everything in between. There also niche markets like eSports, Entertainment and financial markets available for those who want something a bit different.
With each category and event, bookmakers will offer a range of markets. These can be viewed as different types of wagers for the same sport. For example, and upcoming rugby match might have over 20 different markets including outright winner, over under markets, total points, first team to score a try, half time scoring, first player to score a try, total number of tries in the game and markets on the winning point margin.
Odds are the most important aspect of putting money down online. They can be expressed in decimal format or fractional format. The odds give punters an idea of the theoretical chances of winning as well as the actual amount you will be paid out if your prediction is successful. The first and most important part of putting money down is to understand how they work for each market. Lower means you are more likely to win, but the payout is less. On the other hand, higher ones pay out more but it means you are less likely to win.
The goal is to find competitive odds on markets you are confident about. Value odds are rare but can be found. This is where they are higher than what you would expect to see on the particular market. In such cases, punters can make good money on a reliably safe wager.
Since wagering is all about research and skill, there are a lot of strategies that can be implemented to ensure that a profit is made. It is important to realise though that event he professionals only win 55% of the time. Strategies should include creating a dedicated bankroll, plenty of research time, finding the right odds and choosing the right markets. In some cases, punters use spread betting to offset their losses with winnings on opposite results.
Ready to put some money down? We’ve got the best places for you to do so on the web!