Simple Bets To Make
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As of 2014 it was estimated that over 60 million Nigeriansare involve in this practice of sport betting per day.
That is to say that around 30% of the country’spopulation are really engaging in staking their money for sport bet.
And the question is…
What really are these persons gaining engaging inbetting activities?
Is there money in the sport betting industry?
Are people really making money in sport bet?
How profitable is the business?
Is sport betting legal?
Well
Sport betting is one of the easiest way to makemoney online in Nigeria and Nigerians are actively engaging in it which has nowserve as a means of daily income for many.
Now
What is Sports betting?
According to Wikipedia, Sports betting is the activity of predicting sports results and placing a wager on the outcome. The frequency of sports bet upon varies by culture, with the vast majority of bets being placed on association football, American football, basketball, baseball, hockey, track cycling, auto racing, mixed martial arts, and boxing at both the amateur and professional levels.
Are Sports Betting Online Illegal ?
There are NO prohibitions against gambling online, and that includes betting on sports. It’s not explicitly legal, but it’s not explicitly illegal either. The UIGEA makes it illegal to process financial transactions relating to online gambling. There are no federal laws that specifically make it illegal to bet online.
These headlines below are prove that sports betting is a worldwide thing and the reason why majority in Nigeria are keying into it
History of Sports Betting
Sports in general now play an important role inour everyday life. People now enjoy both playing in sports as well as being afan, cheering on their favorite team. Not only do fans simply enjoy watchingbut they also like to bet on the events. Sports betting actually has a longhistory and has been around for centuries.
Nowadays one can bet practically on all sports events and sports disciplines. Either personally in a bookie office or on
Historians find it rather difficult to determine exactly when sports betting began. They do know it’s been around for thousands of years when people placed wagers on the outcome of an event.
Betting was common in Ancient Rome where bets could be placed only in the city of Rome at chariot races or the circus. Of course, legality has never stopped people from placing bets. The pastime continued through the years into modern times.
One thing about sports betting does remain true andthat is the fact that it is regarded as a legal activity.
Through the centuries, the prevalence of bettingvaried according to the tide of politics within a nation’s government.
In recent times, one of the biggest changes in sports betting is the addition of the internet. When casinos began to offer their games online, the past time took off. Adding sports betting to online gaming was a natural fit as well.
In fact, sports fans find it much more convenient to place their bets online. Also, with the availability of numerous
Today, sports betting is a major industry andattracts a lot of customers. Given this success, it appears to be around forgood.
What Are Good Bets To Make With Friends
“The pastime continued through the years intomodern times.”
Modern sports betting came about primarily fromhorse racing.
In the UK, betting on horses became popular in theearly 18th century once more the two-horse races became common.
New World countries followed suit and by the late19th century countries like US, Canada and New Zealand had formally establishedlaws to govern gambling.
The next major advancement in sports betting wasthe emergence of online casinos in the 1990’s and related sportsbooks.
There are now hundreds of online sports bettingoptions that are beginning to dominate the traditional bookmaking.
The difference of the betting exchanges to the bookiesconsists in the fact that the odd is fixed not by a bookmaker (as it is usualat the bookies), but that the customers offer the bet themselves and agree onthe odds.
Timeline of Major Online Sports Betting:
1921 first football betting in England
1934 football betting in Sweden
1961 first legal bookies in England
1974 Bet365 was founded (english bookie – one of the oldest provider of sports betting)
1997 first online bookies Interwetten and Bwin
1998 followed online bookie Sportingbet
1999 first betting exchange Betfair
1999 followed Expekt
2001/2002 followed Betsson
2002 followed Mybet
And the list goes on and on
Sports Betting Odds
Sports betting is all about odds. The term odds isused in sports betting to describe the returns a user can earn on a successfulbet. Odds are often referred to as prices, in reference to the value of a beton a particular selection.
Odds are offered in three different formats,Fractional, Moneyline and Decimal odds. The decimal odds is the easiest tounderstand.
Decimal Odds: Decimal odds are also known as Continental Odds or European Odds, and are popular in Europe, Canada, and Australia.
These odds reflect the payout on a successful bet in decimal form and factor in the return of the stake.
For example:
A user bets N1,000 on Barcelona to beat Inter Milan at odds of 2.50. If Barcelona wins the match, the user will be paid out: 2.50 x 1,000 = N2,500. The N2,500 payout reflects the fact that the user has only earned N1,500 from the bet, as the stake was included in the payout.
Online Sports Betting in Nigeria
Sports betting in Nigeria has become a big deal.
The upside is that, it has made paupersmillionaires.
The downside is that it has also created quite anumber of paupers.
Now the question is –
Why do both the youths and old love sportsbetting?
The reason is because it is guileless,entertaining, and it gives us an opening to make some money online.
However, if you are a first-time better, step on the brakes. Do not rush off to start staking your incomes just yet.
If you are too hasty you could make decisionsthat can ruin you financially.
Be smart and knowledgeable and you may justmake millions simply from betting.
Online
How can I Win Sports Betting 8 Easy Ways To Win
As stated earlier, there’s no need to rush when itcomes to predictions. To make the most out of sport bet you need to followthese simple tips;
- Know your sport inside out. The more knowledgeable you are about the game the better your chances of predicting rightly.
- The favourite doesn’t always win. Have it at the back of your mind that sport betting is not all about your favourite it’s about predicting rightly
- Don’t just stick to one bookmaker – try to shop around.
- The fewer selections, the better your chances of winning the game
- Avoid the temptation of odds-on prices.
- Consider the less obvious markets.
- Make sure you understand the markets.
- Don’t bet with your heart.
BasicTerminologies used in sport betting
1,X,2 – the simple bet, 1 means home win, X means draw and 2 means away win
1X,X2,12 – double chance. 1X means home team wins or draw and so on.
Simple Bets To Make Cash
Half Time – you bet on the outcome at half time
Halftime/Fulltime – you bet on the outcome at halftime and at the end of the game
Halftime or Fulltime – to win your prediction must be good at half time or full time
Handicaps – there are 2 different types of handicap bets: standard or
For example, handicap (0-1) means the game starts with the away team leading by 1 point and you bet on the outcome based on this starting handicap. So the home team must score at least 2 points to win (final score of 2-0 in reality).
Asian handicap is different. Asian handicap betting is a form of betting on football in which teams are handicapped according to their form so that a stronger team must win by more goals for a punter betting on them to win. The system originated in Indonesia and has gained popularity in the early 21st century. It is a form of spread betting.
If you bet on the away team in the case of Asian handcap you win if the match is a draw or the away team wins, so it’s more like double chance but usually, the odds are a bit higher.
Under/Over – you bet on the number of goals. The usual limit is 2.5 goals for football, but it can be different. Example: you bet on under 2.5 goals. You win if there are 0, 1 or 2 goals scored. The .5 limit is used because this way there are only 2 possible outcomes: under or over.
Number of goals – similar to under/over, but with more options: no goals, at least one goal, etc.
Exact Score – you can choose from a list of possible scores.
More goals – you can choose which part of the game will have more goals (1st or 2nd half, etc)
Simple Bets To Make Free
To score/not to score – quite obvious, you bet on a team to score/not to score
Winning margin – obvious
1st goal to score, Goal scorer – you can bet on the goal scorer (the player), or the first team to score, there are many variations of this type
Booking/Corners – you can bet on the number of yellow/red cards and the number of corners (football). Mostly available in live betting
Outrights/Specials – usually long run bets (who wins a championship, presidential elections, etc.) Unibet offers many different long term bets.
For Sports betting lovers please react to this by leaving a comment below.
A Nigerian Lady says “If we are dating and I find out you play sports betting, it’s Over” If you are the one what will you say or do…?
Every person wants to make money easily without investing too large amounts of money in the business. That is why the way of making money on bets is currently very popular. But most users have the question “Is it possible to make money on real money and if it is possible, in what amounts?” We all know that making money on rates is considered a high-risk investment, but still on rates it is possible to raise a rather large amount of money without much labor. And of course all the risks associated with this investment can be justified. And do not forget that the risks go hand in hand with any financial investment.
Is it worth trying to make money on bets? How to make money on betting
I can say that definitely worth it. But only to those users who can afford to spend their money without damage to the continued existence. What does it mean? In simple terms, this means that you should not risk and invest your budget. If you do not have enough money. There are special people in the world who make money on betting with the help of sports betting analytics and so on. To become a professional, like them, you need to have a mathematical mindset, know all the principles of work of bookmakers and most importantly. Is to master the main rules for predicting the events of the sports world.
What you need to start making money on bets? How to make money on betting
1. First and foremost, it is necessary to have reliable and permanent access to the Internet. If your Internet periodically stops its work. Then alas, you will not be able to fully earn on the rates.
2. You must make sure that you allocate a small amount of time, in principle, any business requires time and perseverance. That is why you will have to allocate 2-3 hours of your time How to make money on betting.
3. It is necessary to approach to earnings on rates with concentration and with a “cold” head. No unnecessary emotions should not be. Indeed, in this matter, as you understand, emotions can only interfere;
4. Of course, the bankroll (the so-called player’s money capital)
5. And of course, in order to bet. You need to understand what kind of sport. After all, without the knowledge of even the minimum, nothing will come of it. And I think you don’t want to play at random and spend your money.
So, we conclude, is it worth making money on bets? If you understand all the risks or you have at least a little knowledge of sports. And you can figure out whether you earn at the rate or not. Well and most importantly, if you have enough neighborhoods to place bets. Then you should definitely not be afraid and start earning money on bets!