If you love nothing more than trying to work out which sporting events to bet on and which teams or athletes are going to be the ones most likely to win their upcoming sporting events, then you are spoiled for choice as to where you can place those bets of course.
With the advent of mobile betting too, you are now given the option of not only betting with a land based bookie, bet online you can simply download a betting app onto your mobile phone or any type of tablet device and by doing the latter you are then free to place a sports related bet no matter where you happen to be.
There are however many pros and cons regarding betting online, and with that in mind if you have not yet ventured into that betting environment and want a helping hand as to how you will be best able to get the best betting value and some other betting strategies then please do read on.
With so many unique Australian betting sites you really do need to master the art of discovering not only which ones to bet at and with, but how to get the most value out of your sports betting bankroll and how to maximize your winnings as well.
Become an Online Bookie Yourself
One interesting development regarding online betting that you may be blissfully unaware of, and many people are, is the next generation of betting sites that are known as betting exchanges.
Unlike the normal way of betting online, when you place a bet with a traditional bookie or sportsbook, a betting exchange lets you bet with other punters, via a peer to peer type of betting platform, and as such you can place bets with other users of that exchange, or effectively become a bookie yourself.
When you do the latter, you have to work out initially which betting opportunity you wish to take bets on, work out the odds you wish to offer and then have enough funds in your account to cover any liabilities you have, with the best you take.
Once the sporting event has finished, if you have to pay the other user or users out as the bets that they placed with you won, the funds get sent to them from your account (which has already been ring-fenced), however if their bets lost that means of course you win and you are sent their stake money from their accounts.
The most obvious attraction for anyone involved in sports betting, is the odds available on a betting exchange do tend to be way higher than a traditional bookie offers, so there is certainly plenty of value, so keep that in mind if you have always wanted to become bookie yourself.
Simple Ways to Track Down the Best Odds
The best odds are what you will always be on the lookout no matter what it is you wish to bet on, however finding those much higher valued odds will take some time, especially if you have to visit betting site after sites and then make a note of and compare the odds available at each of them.
By making use of a free to use and free to access odds comparison website you can simply look up any sporting event and betting opportunity in them and the website will display the odds lots of different bookies currently have live.
Spotting the Best Betting Promotions
When you first sign up to a betting site, they will often give you some form of welcome bonus, they often take the form of a free bet, and to be fair to some betting site and betting app operators their welcome offers are certainly generous.
But make sure you look through the terms and conditions on any offers you do make use of and claim and avoid any that have restrictions in place as to just how much you can win when claiming such a bonus, to make sure you only ever claim the best valued ones.
Follow Chat Sports on YouTube for NFL, NBA & college football coverage!Back to the Sports Tech Newsfeed