Online Betting
Who doesn’t like to bet? The adrenaline rushing in our veins and the charming passion of the winning possibility. Although many think the desire is materialist, there is so much in betting than the eye meets. Players focus on something else rather than their daily blah routine, which is not only robotic but also tedious.
Our ancestors discovered this fantastic emotional whiplash thousands of years ago. They shaped a myriad of events, from Roman gladiatorial combats in the massive Colosseum to the Olympic Games in the radiant days of Ancient Greek. They were the Cricket and Soccer back then and carried thousands of residents along with the exciting bets.
Briefly, we can define online betting as predicting sports results and placing a wager on the outcome to win. The variety of sports may vary from one culture to another.
For example, cricket betting is the most popular sport in India, whereas its name is a mystery to Turkish or Italian people.
However, betting, whether it is sports or card games, has always been back street gathering. Illegal and something which is hatred by the higher authorities. The legalization of betting started to appear at the beginning of the 18th century in the United Kingdom.
Although the bet meaning may change for cultures and regions, the curiosity and demand for betting have always kept its throne as a path to fun and money. This article will find answers to the most anticipated questions about next-generation online betting and give you profitable online betting tips!
Online Betting History
When the Mighty Internet penetrated our lives, as everything, casinos and bookmakers evolved into websites. Traditional and online betting are like oranges and apples, considering the impressive variety of sports today besides their permutations in online betting types.
Being independent of location and time is an immersive plus. Since most events are scheduled according to local time, setting the time to wager can be highly challenging.
But, no worries. Online betting sites allow players to participate in any event, anytime, anywhere.
Connect to the internet and place your bet on any game when you have the feeling, whether you are in the afternoon break, theatre, or waiting for Aurora Borealis in an igloo on the other side of the world! Simple, fast, and limitless online betting experience.
As we mentioned before, there is an acquired taste in every country. And for magnificent India with spectacular landscapes and colourful history, some of these favourite games are Cricket, Field Hockey, Chess, Badminton, Kabaddi, and Wrestling. In this part of our article, we will speak of some of them briefly:
Cricket
Cricket has been the most loved sport for decades. Initially, the game was inherited during the times of the British Raj. Therefore, Cricket is highly popular in all the countries located in the old British Empire’s colonial regions. Being much more than a simple bat-and-ball game for India, there is no difference between Cricket team players and TV celebrities.
Naturally, this demanding population forms a vast sector, with many cricket betting sites offering betting on IPL (Indian Premier League) when the League finally arrives in May. Thanks to the impressive options in online Cricket betting in India, it is downhill to find a website placing all the Cricket events worldwide.
Field Hockey
As another sports branch adopted from British Raj, field hockey is a team sport played in a game set consisting of ten field players and a goalkeeper. The game aims to carry a hard, plastic hockey ball to the rival’s goal post with a hockey stick.
Did you know that Odisha, one of the main bases of Field Hockey in India, wrote a letter to the Prime Minister requesting him to declare field hockey as the national sport of India? Both the National Women’s team and Men’s Team have represented India in international field hockey competitions with astonishing success when we check the world rankings.
Yes! Field Hockey is another popular sport in India. It has a considerable share in Field Hockey online betting sites containing PHL (Premier Hockey League), World Series Hockey, Premier Hockey League, and other international tournaments.
Pro Kabaddi
Kabaddi is also one of the oldest and most traditional sports in the Indian subcontinent. It is a contact team sport played with fourteen players in two teams. The game’s goal is for a raider to run into the rival team’s half of a court, touch out as many of their defenders as possible, and return to their half of the court while the rival team also gets the point of stopping the raider.
Besides being the national team of Bangladesh, Kabaddi teams from Odisha, Punjab, Telangana, Tamil Nadu, Andhra Pradesh, Bihar, Haryana, Karnataka, Kerala, Maharashtra, and Uttar Pradesh compete against each other passionately and move hooligans.
Through Pro Kabaddi online betting sites, bettors can wager on their favourite teams in Kabaddi World Cup, Asian Games, Pro Kabaddi Leagues, Indo International Premier Kabaddi League, Asian Kabaddi Championship, Kabaddi Masters, European Kabaddi Championship, and even Junior World Kabaddi Championship with multiple online betting types.
Basic Betting Terms
For those of you who are not familiar with betting terminology, it can be immensely struggling to understand what exactly goes on in this sector. To master jargon can save your time and money in many ways. Here, we have listed the most prevalent online betting terms with their definitions:
Action: A wager or bet
Against the Spread: The game results with the Point Spread, the winner’s margin set by oddsmakers.
Bad Beat: A bet with an unbelievable loss, although it was considered almost guaranteed.
Buck: (Also called Dollar) A bet of $100 – Nickel: A bet of $500 – Dime: A bet of $1,000
Sportsbook: The section to wager on the outcome of sporting events.
Chalk: The favourite team in a game – Underdog: A team not favoured to win.
Cover: The wager result in a point spread bet.
Even (Even Money): A $50 bet to win another $50.
Handle: The amount of wager on a game.
Handicapping: Analyzing the statistics to select winners.
Hedging: Betting in both ways to cover a small amount of money.
In-game Wagers: In-play bets on ongoing games.
Limit: The maximum bet available on a single game.
Lock: A sure favourite. – Long Shot: A sure underdog.
No Action: A game that does not accept bets, all made wagers are refunded.
Off the Board: A bettor out of the water.
Push: A condition when neither team covers the spread. Therefore, there is no winner bet, and all made wagers are refunded.
Sharp (Wiseguy): A professional bettor on sports.
Taking the points: Wager on the underdog against the spread.
Total bet (over/under): Wagering on points scored by both teams in a game, including overtimes.
Under: A condition with the outcome of the score between two teams when it is less than what the sportsbook set.
Types of Online Betting Odds
Odds determine what we can put into our pockets when the game finishes – or what we lose. It sounds simple at first sight; however, knowing betting odds and how online betting odds work can be rewarding for bettors. Here are three main types of online betting odds:
Fractional Odds (aka “British” odds or “U.K.” odds)
This is an odd type primarily used among British and Irish sportsbooks. They are symbolized with a slash (/) or hyphen (–); fractional odds are the most popular type you may encounter in leading bookmakers.
For example:
A fractional odd listed of 10/1 (six-to-one) refers to the fact that you will win $10 with the addition of your bet amount against every $1. Therefore, this is the ratio of the profit won to the specific bet. In other words, your stake ($1) with your profit ($11) will become a total payout of $11.
In this way, if you bet for $10 at 10/1, in the case of winning, you get a total sum up to $110 ($100 profit + $10 stake).
Decimal Odds (aka “European” odds or “continental” odds)
Decimal odds are the most common odd type in European, Australian, New Zealand, and Canadian online betting sites. Compared to Fractional Odds, they are more downhill to comprehend, whereas favourites and underdogs can be seen in a breath when we look at the numbers listed.
The decimal odds number refers to the total winning amount for every $1. Since the total payout number, your stake will be already included in the decimal odds. The more straightforward calculation for sure!
For example:
Bayern Munich 3.00
Panathinaikos: 2.00
These are the numbers you may win for each $1 of stake. If you choose to wager $250 on Bayern Munich to win the game, you will grab a total payout of $750 ($250 x 3.00). So, your net profit is $500 when we subtract the initial stake, $250.
On the other hand, let’s assume you wager $250 on the famous Greek team, Panathinaikos. In this scenario, you will win $500, and when we deduct $250, your net profit will be $250.
Money Line Odds (aka “American” odds or “U.S.” odds)
These are the most familiar odd types in the United States. Favourites are symbolized with a minus (-) sign, while a positive (+) sign shows underdogs. The range between the favourite odds and the underdog odds broadens to the high probability of winning for the favourite.
For example:
Bangladesh National Cricket Team: +655
Indian National Cricket Team: -820
We can conclude that the online online betting site gives a lower probability (about 15%) that the Bangladesh team will take the game. If you wager on this team, your $100 will become $755 with a $655 win and your initial stake $100.
What happens if you wager on the Indian National Cricket Team instead of the Bangladesh team? This way, you need to bet $820 to win $100. When India is victorious, you will have a total payout of $920 with profit and an initial stake.
Betting Types
You may think there are thousands of details regarding online betting, yet we want to underline that every online betting site will have a piece of shortcut information about your placed bet on your online slip.
Here, we try to enlighten our readers to give them complete control of their wagers, the characteristics of the manageable type, and most notably, which one is the best online betting type depending on various sports branches.
Money Line Bets
Being the easiest and most common betting type, it is a way of betting on that team to win.
To demonstrate, if you bet on Dempo SC India to win against Mahindra United India, you would bet on Dempo SC India’s Moneyline.
If your team wins, your bet is successful. Otherwise, your bet loses.
Point Spread
Another mostly demanded betting type is Point Spread, in which bettors wager on a team’s margin of winning instead of the game result.
The favourite team is shown with a (-) in this condition, while the underdog is a (+). When a team is -7.5, it must win 7.5 points or more.
The other team is priced at +7.5, which means it must either win the game or lose by fewer than 7.5 points.
Over/Under (Totals)
As the name refers, bettors wager on a total to go over or under while betting on the combined points scored in a game.
For example, in a Cricket game between the East Zone women’s cricket team and North Zone women’s cricket team, the point total is set at 170 points.
In the situation of East Zone women’s cricket team, 125 and North Zone women’s cricket team 5, the combined points are 130 scored. Thus, the under is the winning bettor.
Parlay Bets
A parlay bet (aka Accumulator (or Acca, Combo Bet, or Multi) is a type consisting of multiple bets. To win in a parlay bet, every leg in the slip must win. If you have a six-leg parlay and five chances to win while one loses, your parlay ticket is a lost one. Since this is a single combined bet linking more than two wagers, the winning depends on every bet inside.
Parlay Bets are the most attractive type of online betting due to the multiplication of winning amounts. The main advantage of a parlay is that bettors may triumph much more than wagering each bet separately. Yet, please note that even one lost leg may ruin all the bet tickets in parlays.
Live Bets Explained
Besides the great adrenaline of sports betting for future bets, would you like to spice up the game a little bit? Most sports betting sites place streaming games and allow users to bet on their favourites throughout the ongoing competitions to strengthen the blood flow.
Considering the sharper odds listed, these bets are more exciting and more profitable.
Undoubtedly, another question pops out in our readers’ heads: Is Live betting better?
To be frank, online live betting makes you better for sure. Unlike the traditional way of betting before the game starts, when you bet live, you will learn the players’ performance, pluses and minuses of the team, and the role of other factors such as weather, ground conditions, and home or away team.
Apps For Sports Betting
Applications are our mighty saviours in many cases, and online betting apps are no exception. Most online betting sites provide the great comfort of downloadable applications compatible with operating systems like iOS, Android, Blackberry, and Windows. To install these apps on your mobile, all you need is to search for them in Apple Store or Google Play.
In addition to applications, you can also utilize websites specially designed to be used in modern browsers such as Google Chrome, Opera, Firefox, Safari, and Dolphin. Since we can not talk about applications, the services are accessible without downloads following installations: neither exhausting updates nor massive CPU usage.
Users will not miss apps due to the smooth accessibility, functionality, and speedy betting experience.
How to Find The Best Online Betting Sites in India?
As we underline in most of our articles, the best online betting site is the one which is trustworthy in every aspect, from safety to payments. But how can we understand whether the platform is secure or a scam? What are the criteria giving a brief hint for a fraudulent betting website?
Undoubtedly, the first one is a valid licence from a reliable regulatory authority such as the UK Gambling Commission, Malta Gaming Authority, the Government of Curacao, Gibraltar Gambling Licence, and Kahnawake Gaming Commission. A licence is a kind of ISO 9001 certificate in betting facilities, whereas in any case of disagreement, players can contact the licence provider to solve the conflict.
Another specification is the selection of payment methods and fiat currencies. A comprehensive variety will let you deposit and withdraw smoothly. If your local currency is listed, you are the luckiest since you will not pay extra for exchanges in conversion. Please look closely at the payment methods and available currencies before loading your money in.
Responsive customer support is also very important in a user-friendly platform. Betting types, payments, game sets, unexpected disconnections, verifications and many more issues may occur out of the blue. In these situations, helpful and professional customer service can save the day, especially the multilingual ones speaking your mother tongue.
How about verification regulations? As we all know, withdrawals are mission impossible unless you are a verified player. This means you have to prove the identity you claim to be in the registration form. Fast and hassle-free verification processes are a charm for online betting sites.
Please note that the wiser decision is to verify your account as soon as you create it. Thus, you will not encounter further excuses from the website about your approval when you want to cash out.
Making a Sports Bet
We have given you a plethora of information about Sports Betting in India. Now, you know how the betting odds work, popular betting types in India, and the betting terminology that will make you a better bettor in any sports branch, whether it is Cricket, NBA or Wimbledon Tennis Tournament.
To clear the clouds, we better sum up all the processes with a quick demonstration of how to bet on sports in India. Simply log in to your online betting account on your favourite sports betting website. Then visit the sports section and select the sport you want to bet on.
After that, you must choose the available upcoming games or live betting options. Insert your amount and pick a bet type among Moneyline bets, Point spreads, Totals, Futures, Prop bets or create your Parlay Bet slip. After confirming the bet, all you need is to lay back and wait until the bet is concluded.
Additional Online Betting Tips
Consequently, Sports betting is exciting, enjoyable, and profitable most of the time. It gives colour to our spontaneous daily routine, whereas it also presents the opportunity to support our special teams or players individually. However, we would like to remind our readers that there is no 100% sure bet no matter what game it is and the conditions. Therefore, never and ever ignore responsible gaming principles.
We also want to repeat the most crucial detail: Registering on a reliable and licenced platform. This is the hard-win real money that you are betting on. So do not leave room for suspicious platforms, ignorant customer support, scams, or possible malicious outcomes.
Online sports betting sites like 12Bet, Dafabet, 1xBet, and 10cric will provide crystal clear Terms & Conditions texts, profitable welcome bonuses, and excellent customer services besides a myriad of payment options in Indian Rupees.
Enjoy every moment of your online betting experience, and we wish you the very best of luck in every bet you will make!