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Matthew Jones
Author:
Matthew Jones
Last Updated:
November 3, 2020
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This author was thoroughly tested and approved by the experts at BettingBilly.com before joining the editorial board to ensure a high content quality.
Author Bio:
 
Matthew is a former journalist and entrepreneur. Before he turned 18 he'd already started an online-shop, grew it to more than $1m in sales and sold it. Together with Richard he is now in charge of BettigBilly. His specialties are gambling mathematics and creating winning betting strategies.
Matthew is a former journalist and entrepreneur. Before he turned 18 he'd already started an online-shop, grew it to more than $1m in sales and sold it. Together with Richard he is now in charge of BettigBilly. His specialties are gambling mathematics and creating winning betting strategies.

Bet Guide 2020

A top-quality bet guide gives you the best sports betting advice and then some. It takes you through every step you need to take towards a successful wager and throws in a couple of free sports picks too.

Stick around to see how you can increase winnings from every wager substantially. What is more, find out how even a small betting budget can result in a self-sustaining wagering experience.

Why bet on sports?

If you love sports and need a pastime activity, you should consider taking up sports betting. It is the easiest thing in the world and if you are familiar with sports you will figure it out in no time.

Sports wagering is quite exciting and can make any game twice as interesting to follow. Watching the 49ers defeat the Seahawks is fun. However, putting some money on the San Francisco side to win against the 'Hawks is even better.

What is more, if you are good at it, betting can also be financially rewarding. Knowing how to make the perfect sports betting wager is of the essence in this regard.

Nothing difficult about it

Placing a wager has never been difficult, not in the past and certainly not today. The invention of online betting has made the process even simpler and bettors these days have it easy.

All a betting enthusiast needs to do to place a wager is to go to a safe online betting site and register an account. As soon as this is done, the player deposits some money and can start wagering.

Most betting sites are easy to navigate, so choosing a game and a market will be pretty straightforward too. Once the bettor has chosen his selections, he can proceed to stake some money and submitting the slip. Sports betting is as easy as that.

Very exciting

One of the reasons why so many people decide to bet on sports such as American football and basketball is the excitement that it brings. Betting with even a small stake can make any game much more interesting to watch.

Just think of a game that you had a friendly wager on. This can be any game that you watched with your family or friends. Or even better, think of a game in which you rooted for your favorite team to win.

You probably still remember those games, right? What is more, you probably still feel the blood pumping and the adrenaline rushing when you think of them. Well, that's because you badly wanted your team to win so that you can have the bragging rights afterward.

Betting does the same. Placing a wager on a game engages all your senses and makes following even a bore-fest of a game quite exciting.

Can be profitable

If you play your cards right, betting can be quite profitable too. This is especially true if you do your betting homework before a game starts. Reading a wagering guide or two can help here as well. Let's say you received some sports betting advice that the Lakers are going to steamroll the Bulls. You are a budget bettor, so you decide to go small and stake $10 on the Lakers (-8.5) to beat the Bulls at odds of -110.

The game finished and the NBA predictions betting guide you consulted was spot on. The Lakers did destroy the Bulls. What is more, even with a small stake of $10, you managed to almost double your money. It's easy to see how bets of this type can turn into a profitable endeavor. Win a couple more and you'll be well on your way towards self-sustaining betting.

Essential sports betting advice

A bettor should adhere to several pieces of sports betting advice to improve the chances of his wagers. These are all of the same importance and increase the likelihood of a successful wager when done right.

Start small

To start small is the best sports betting advice that you can give to beginner players. This is because betting small amounts of money will never put a bettor in trouble. What is more, a $5 wager provides the same learning curve as a $500 one does. This means that there's no point in going for the stars in your first few bets. Focus on learning at the beginning so that you can be bookmakers' nightmare later on.

Have a betting budget

A wagering budget is essential in betting. As a rule of thumb, the best betting budget is the one that you can afford to lose. This means that even if all of your wagers fail, losing the betting budget money won't affect your daily life. You would still be able to pay your bills and provide for your family.

Having money set aside for wagering achieves several things:

  • impartial bets - this is money you can afford to lose so fewer emotions are involved in a bet;
  • losses don't affect your bank balance - betting finishes when you stake your entire budget;
  • a betting budget is essential to any betting strategy - most wagering strategies require a monthly betting budget.

This means that a betting budget helps you make more objective bets. Moreover, even if you lose those wagers, you would still be in good standing.

Set up a payment method

This one is quite easy to do. Just pick the payment method that you are comfortable with and then use it to deposit and withdraw betting funds. You can choose anything from credit cards to different eWallets.

Have a betting strategy

A betting strategy is the starting point of any wagering guide. Going with strategies such as the flat betting system or the Kelly criterion makes betting more scientific and cannot be recommended enough.

For example, if you are utilizing flat betting, you are only staking a fixed percentage of your budget on every bet. Let's say your monthly betting budget is $500 and you stake 1% of it on every wager. This means that you will stake $5 on each betting slip, no more, no less.

Do your betting homework

Bettors should always check things such as stats, form, news, and injuries before placing their bets. This betting homework is of huge importance and is often the difference between a winning and a losing bet.

Be open to betting advice from others

Doing your betting homework is sometimes not enough, however. In some situations, you have to listen to sports betting advice from seasoned pros and go with Billy's betting picks.

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An experienced bettor knows when to follow his instincts and when to go with what the wagering guide says.

Have a contingency plan

Sometimes things don't go according to plan in life and the same is true in betting. That's why it's of the utmost importance that bettors have a back-up plan when on a losing streak. As any bet guide would tell you, when the fun stops, you should stop too. If you see that things don't go your way, stop betting for a while or change your approach.

Choosing a betting site

You can have the best strategy in the world and can do all of your betting homework, but if you wager at an inferior betting site none of that will matter. Choosing the right betting site is very important in any wagering experience. Here are the things that you should look out for.

Licensed and secure

A betting operator must have a valid license from a reputable regulatory body. This license ensures that the wagering offer the betting provider has is legitimate. Moreover, it also tells the bettor that he is dealing with a betting site that operates legally.

Another thing which is important in this regard is security. Bettors should never settle for anything less than 256-bit encryption of data from a site. This level of encryption ensures that all data the player leaves on the site is impossible to decode.

Excellent sports betting offer

Once players cover licensing and security issues they can focus on the betting offer a bookmaker has. The important things to look at here are the number of matches to wager on and the number of markets available.

The more games and markets a bookmaker offers, the better your wagering experience will be. This means that the best basketball bookmaker will have more than just the NBA in its offer. It will include all the March Madness games, as well as WNBA and pre-season duels.

What is more, it will also have tons of markets to choose from. This means regular match-winner propositions, points spread, alternative betting lines, over/under totals, etc.

Live betting and live streaming

In addition to regular pre-game betting, bettors should also look for betting sites that enable them to place in-game wagers.

Betting live is great for experienced bettors in particular. They are known for being able to predict which way a game will go after watching only a few minutes of it.

Let's say a bettor is planning to wager live on the Green Bay Packers - Minnesota Vikings NFL duel. These two are evenly matched, so the player needs to see at least a few minutes of the game before making a bet.

The match starts, and right from the off the Pack are dominating every play. That's all a seasoned betting veteran needs to see, so he acts quickly and backs the Green and Gold. Sure enough, the Packers win and the bettor is happy that he opted to wager in-play rather than pre-game.

Another feature that is very important in complementing the live betting experience is live streaming. Most online bookmakers have live streaming these days and they are quite generous with it.

A bettor just has to place a wager on a game and then he could watch it live courtesy of the betting operator. Alternatively, a person can also place a wager on one game, but watch any other live stream in the next 24 hours.

Enticing bonuses and promotions

Bonuses and promotions are the most enticing part of any wagering experience. There are several different types of bonuses, but these are the most common ones:

  • welcome bonuses - new customer offers,
  • loyalty programs,
  • cash-out offers,
  • enhanced odds.

As any betting guide will tell you, the new customer offers are the most lucrative of these. They are usually matched deposit bonuses that match your deposit up to a certain amount.

For example, a bookmaker can offer to give you a 100% matched deposit bonus up to $100 on your first deposit. This means that if you deposit $50, you will get an additional $50 in bonus funds courtesy of the bookmaker.

Loyalty programs are the complete opposite of welcome bonuses. They award customers for playing with one betting provider only. The more a bettor plays, the more loyalty points and rewards he gets.

Cash-out offers and enhanced odds are also quite useful when wagering. With a cash-out offer, a bettor can bail out on a ticket if he sees that things aren't going his way.

Enhanced odds, on the other hand, are normal odds which have been bulked up. They are usually given for popular football events such as the Super Bowl, but also blockbuster games from the World Series or the NBA playoffs.

Look for sites with mobile apps

Nowadays, most reputable betting sites offer mobile apps for both Android and iOS platforms. Even when bookmakers don't have mobile apps, they try to make their offers available on a mobile browser.

Placing pre-game and live bets is much quicker with a mobile app and that makes a world of difference to most betting enthusiasts.

Also, mobile betting is compatible with almost all banking methods and makes transactions easy. What is more, it offers a superior betting experience since mobile betting apps are easier to navigate than desktop sites.

Round the clock customer support

Lastly, to have the best possible wagering experience, you need a customer support service that operates 24/7. There's not much use in having a help desk if you cannot help a bettor who bets on late night games.

It is also worth mentioning that the best betting sites enable several channels of communication. This means that you should choose a bookmaker that can answer back via live chat, email, and phone.

Betting: Try it now at one of the top 5 betting sites

Now that you know what it takes to make the perfect bet, you are ready to take the next step and register with a betting operator. Choose your ideal betting provider carefully and don't forget about the selection criteria mentioned in this betting guide.

Wagering at the right betting site ensures that you get the most out of any betting experience. Moreover, it guarantees that you are covered in case of an unlikely problem occurring.

 
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Conclusion: Betting is easy, fun and profitable too
Betting is easy, fun, and can sometimes be quite profitable too. Not all betting sites are worthy of your wager though, so make your choice wisely. Look for sites that have a valid license, are secure, and offer tons of betting options.

Once you find your perfect bookmaker, you can start thinking of winning wagers. To achieve this, always do your betting homework, set up a betting budget and have a wagering strategy.

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