Best Odds 2021
When it comes to sports betting, there are a lot of different operators out there today that are all vying for your attention. With so many options, it makes matters difficult if you are trying to find an option that fits your needs and that you can get started with straight away. Luckily, all of the leading sports betting sites with the best odds have been reviewed for you by the experts at BettingBilly.
These reviews look at all the core aspects of an operator’s offering. You can also quickly customize your experience on the website by selecting what state you are residing in. This will then showcase all of your options in this respective state where you can get the best online betting odds.
You can also access Billy’s List which sends you regular sports betting picks with the best odds from some of the leading experts in the space. This list is free to sign up for in the sidebar or header of the website.
Sportsbooks with the Best Odds: Most Important Things
When you are looking to get involved in sports betting, it doesn't take long for you to learn the ropes. You will likely already be a sports fan and have a rudimentary knowledge of the basics of sports betting. Here are some of the key features to look out for:
Best odds: you want to deal with those sportsbooks that have a good selection of sports and betting markets, as well as having the best odds in online sports betting. These small changes in odds over time can result in massive changes over time when you win.
Ease of use: It is important that you are dealing with a platform that is very easy to use and is not going to take you too long to place a bet. You want it to be easy on the eye and have a clear navigation system. Oftentimes, you will be in a rush when you are placing a bet on a mobile device, so speed is of the essence.
Safe and sound: You want to deal with a sportsbook that really looks after the needs and interests of its bettors. This means having regular rewards in the form of bonuses and other offers. You also want to have your funds and data kept safe through a properly licensed sportsbook.
10 Criteria for a Good Sports Betting Site
The team at BettingBilly expertly and objectively reviews the best online sportsbooks in the space today so you don’t have to. There are some key criteria in particular that are looked at during this process. Here is an overview of each of these main criteria:
You want to have a large selection of sports on offer, as well as great numbers of different betting markets. You may have certain niche sport options that may be essential to your needs as a sports bettor. Without these needs being met, you will want to look elsewhere.
Parlay betting is a way to create potentially lucrative bets with very small stakes. They combine different selections into a single bet and while they can be tricky to pull off, they most certainly pay off handsomely when they do. Different operators will have varying types of parlay options. Some may even give you money back if just one of your selections in the parlay bet does not win.
With in-play betting, you can place sports bets on a game as they are live. This allows you to react quickly to changing circumstances in the game. Most sportsbooks will have an in-play offering, usually different in terms of the selection of markets on offer and the responsiveness of these changing markets.
Some bettors may have a preference for being able to make bets no matter where they are. Most sportsbooks will allow you to download a sports betting app or place bets through your web browser. Make sure that a given operator is compatible with your own mobile device.
Welcome Bonus & Promotions
To entice new customers, sportsbooks will have lucrative welcome sports betting bonus to get people in the door. These are often in the form of free bets. Promotions for existing players also need to be considered, as it allows them to be rewarded for their long term loyalty to a platform.
If you ever have an issue with an online sportsbook and need help, you may need to check out the FAQ section or directly contact the support team. You want to have a variety of options and good responses to all queries. It is naturally preferred that you have access to live 24/7 support.
Many bettors will have preferred payment methods that they look out for. These options will vary depending on the operator. Some platforms will charge a fee for transactions, while some platforms will process transactions much faster than others.
Limits & Odds
Sportsbooks will generally have limits on certain types of bets, odds and on potential winnings for a certain game or market. There will also be varying competitiveness in terms of the best odds that are on offer. These are key criteria to consider as it affects your bottom line directly, particularly the odds you win a bet on.
You want to be dealing with a sportsbook that is easy to use and navigate, as well as being aesthetically pleasing. Speed is often a big advantage too, allowing you to get your bets placed rapidly, particularly if you are betting in-play.
You want to make sure you are using a licensed sportsbook in your state and that it has proper security protocols to keep your funds and sensitive data safe from prying eyes.
Legal situation in the USA
Sports betting in the USA has been a tricky topic for some time. It was in May 2018 that it finally became federally legal. This opened the floodgates for states to legalize the activity. Many have done so to date, with many more set to do so in the future. Some have yet to legalize online sports betting, but this looks inevitable.
States are seeing how those who have fully legalized sports betting are raking in tax revenue and want in on the action for themselves. To see what the legality regarding online sports betting in your given state may be, check out the state checker tool on BettingBilly.
The situation in different states is always changing, which is why you need to stay on top of this issue if your state has yet to legalize the activity. There are differences in legality from state to state. For example certain types of college sports and esports may be offered in some but not be allowable in others.
If you are ready to get signed up for an online sports betting account, it only takes you a few minutes to do. Everything is crystal clear and nothing is confusing during this process, allowing you to get betting very quickly. Here are some key steps to follow:
- Go to the operator's website or app
- Click ‘Register’
- Enter your personal info and contact info
- Set a username and password
- Confirm you are legally old enough to use the platform
- Agree to the terms and conditions
- Confirm your account via the link you have been emailed
- Read the welcome bonus offer
- Make your first deposit while entering any bonus codes
- Start placing sports bets
5 Tips for the Beginning
When you are getting started with sports betting, there are some key tips that will allow you to get off to a good start and avoid some of the common pitfalls that people face.
- Betting too big: You want to carefully split up your account balance and not be erratic with your spending. Just like investing, you don’t want to put all of your eggs in one basket. Everyone has losing bets, so you don't want to lose all of your bankroll in one fell swoop. Instead, split up your stakes into manageable chunks.
- Don't deposit too much: When starting out, it can be easy to get carried away and deposit a lot of funds when getting started. It is vital that you only bet with funds that you are okay with losing. You should never be betting with money that you need to pay everyday bills.
- Learn from your mistakes: After you have spent some time sports betting, you will likely spot some common trends and patterns. By learning from these trends, you can improve your ability as a sports bettor. You may see that certain markets tend to be more profitable for you when betting for example. You can sign up for free to Billy’s List to get expert picks straight to your inbox.
- Availing of the bonus offer: Make sure that you enter any relevant bonus code when getting started with an online sportsbook. If you fail to do so, the bonus will be void and you will be missing out on free bonus funds. While not all operators require you to enter a bonus code, there are plenty that do. You don't want to miss out.
- Not knowing the terms of the bonus offer: There are many terms and conditions associated with sportsbook bonus offers. You will often have to place free bets on selections that have certain odds, on certain events or within a given time frame before the free bets expire. Therefore, always read the terms and conditions of an offer before you get started.
You will want to use the state checker tool on BettingBilly to see a list of the licensed operators in your given state. This ensures that the sportsbook’s operations are being monitored by a respected authority. You also want to check to see if the platform uses encryption technology to keep your sensitive data safe and sound.
There are age restrictions in place when it comes to online sportsbooks across the country. These will vary depending on what state you are residing in. For the most part, you will need to be at least 18 years old before you are able to place a sports bet. You will need to verify your age when signing up for an account.
There are usually some forms of online withdrawal limits that have to be considered with most operators. These will usually vary depending on what payment method you are using. There may also be certain daily, weekly or monthly withdrawal limits that have been imposed by a given sports betting operator.
The payout percentage of a given event means how much you can expect on average to get as a return for betting on a given event. For example, if the payout percentage of a given event happening is 97%, this means that for every $100 that you place as a bet, you will get $97 in return.
You should always pay close attention to the common warning signs of a gambling addiction. Only use money that you can afford to lose and never let emotion get in the way and cloud your decision-making. Otherwise, this can lead to a slippery slope that can be tricky to get out of. There are numerous tools you can use through online sportsbooks to limit your deposit, playing times and completely exclude yourself from the platform.
This will vary depending on the circumstances. If you are a causal player, you will likely deposit a small amount so you can get your feet wet. Only deposit as much as you are happy to lose. There is no point maxing out your deposit just for the sake of it unless you are a very experienced sports bettor.
Bonuses and promotions are definitely worth it. You are not losing out by participating in these promotions, so there is no risk involved and plenty to gain if things manage to go your way and you win. Always check the welcome bonus and regular promotions of a given operator to see how well they look after bettors in this regard.
Online sportsbooks make their money by people losing bets, as well as by hedging their bets themselves with other bookmakers. Everything is done in a very mathematically inclined manner. It allows these companies to minimize risk as much as possible and ensure that they will be profiting in the long term despite some short term variance.
This decision is entirely up to you to decide. Most people want to place bets on sports that they enjoy as it can add an extra layer of excitement to the experience. This could be a major sports league from across the world like the NBA, NHL, MLB, NFL or an individual sport like the UFC. If you find that you are profiting nicely off a given sport, then it may be a good idea to focus more of your attention on this area. At the end of the day, experimentation is always a good idea in anything.
You can get started with an online sportsbook in just a few minutes. You just have to fill out your personal info, contact info, set a password and username, agree to the terms and conditions of the site and then verify your new account. You will then be good to go and get started placing sports bets on your favorite events.