Online Betting / Betting Guide

Betting Guides for 2024: Expert Guides for a Range of Betting Topics

Embarking on your own online betting journey can be challenging without a deep understanding of the intricacies involved. That’s why finding an easy-to-understand, yet valuable betting guide is key to getting started.

Let’s start by saying that following its commercialisation, online betting made thousands of gamblers rush to these virtual platforms. If you’re thinking about placing online wagers, we will give you everything there is to know about the world of online betting so that you can find the right guide for you and join the tides of tech-savvy sports bettors.

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Currently, online sports betting is a global trend, and many international platforms offer different market conditions. The projections show that the online betting market is expected to generate $107.30 billion in revenue by 2024. With so much growth, it’s natural that bettors are seeking helpful guides to navigate the world of online betting.

After all, online betting is a complex activity, and you’ll eventually probably be interested in real in-depth betting guides based on sign ups, sports, markets, features, bet types, etc. That’s where our site comes in handy, as our experts look to answer all your sports betting questions through topic-based betting guides.

1. Betting Guides for Signing Up with Bookies

One of the most common topics searched for is how to get started with online betting at a given bookmaker. As we discover in our many sports betting reviews on our site, setting up an account at any bookie and completing a bet can usually be accomplished in a matter of a few steps. In essence, here’s what you’ll need to do:

Find a Reputable Digital Bookmaker

Carry out research and select an online betting site that is licensed and endorsed by respectable gambling authorities. Our site is great place to start with tons of operator reviews at your fingertips!

Make an Account

Register on the chosen betting site with the necessary personal information, email, proof of identity and payment details.

Deposit Funds

Deposit the amount of money you want. For this, just navigate to the cashier tab. Then choose your preferred means of payment and finally, enter and confirm your transaction details.

Place Your Bets

Investigate the range of bets available. Become acquainted with the structure and features of this platform.

Make Withdrawals

If you want to withdraw money, visit your account and start the withdrawal procedure. Ensure that withdrawals are easy and convenient before depositing funds.

Although the process is largely the same, on our site, you’ll find online betting guides explaining the unique process for each sports bookmaker we review, and that way there is no mystery left.

2. Betting Guides To Understand Bet Types

Not all bets are of the same type, which is fantastic as it offers users more possibilities when betting. While it may seem complicated at the beginning of your journey, our expert betting guides provide a broader scope for exploration.

Here are some of the most popular bet types we discuss in our guides:

  • Spread Bets: Bookies adjust team scores to create handicaps. The most popular handicaps are Asian and European handicaps.
  • Moneyline Bets: Pick the winner.
  • Over/Under Bets: Predict total team scores for high or low-scoring games.
  • Same-Game Bets: Combine different wagers for bigger payouts. These are also known as Parlay or accumulator bets and you can look at this guide to accumulators for more information.

3. Online Betting Guide for Your Bankroll

Bettors typically allocate between 1-2% of their bankroll to each wager. However, rather than questioning how much to bet, focus on mastering budget management. Gaining control over your bankroll and spending on online betting is the key and you should look into this bankroll management guide for some help.

4. Find a Pro Online Betting Guide Based on Sport

Most sports bettors usually have a relatively clear idea of what sport they will be betting on the most, and thus might be looking for betting guides targeting those sports specifically. Betting on football is not exactly the same as betting on tennis, or baseball, or horse racing. Just to give you an idea of the diversity within every sport, take a look at the table below:

SportsMarketsKey
SoccerTop scorer, draw, yellow cards, winner 1st half, winner 2nd half, red cards, who will score first.Team performance is the most relevant factor in soccer, but you can also check how common are draws within the teams.
BaseballRun line, who makes the first run, best average player, innings without hits, extra innings, home runs.Matchups between pitchers, offensive output, and scoring patterns play a role in shaping betting approaches.
BasketballQuarters Winners, Q3 results, triple points, doubles, player with most points.Even though it is a team sport, normally in basketball the stars tend to shine brighter. Pay attention to individual performance.
TennisAces, Set Winner, Set with 0, Tiebreaks, Set numbers, Winner.The type of court can significantly influence a player’s performance, as well as their overall endurance and mental strength.
Horse RacingFaster Horse, Time, Place, Show Bets.The horse’s odds of winning can be affected by its starting position. Additionally, the jockey’s skill level and recent track record play significant roles in determining the outcome.
eSportsMap Winner, Map number, First Kill, Most KillsExpertise and synchronisation within a team play a pivotal role in the outcome of eSports matches.

As you can tell, it’s easy to see why a focused betting guide on your sport could be more useful than a general one applicable to all sports betting. Our site aims to direct you to the best bookies aligned with your sports preferences.

Our top bookmakers for 2024

1.
Bet365
  • Bonus: First Bet Safety Net up to $1000 OR Bet $5 and Get $150
  • VIP Club, Loyalty Program
  • Cash Out, Partial Cash Out
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At bet365 we don’t do ordinary, that’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
2.
BetMGM
  • Bonus: Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
  • VIP Club, Loyalty Program
  • Cash Out, Live Streams
Play Now
T&Cs apply, 21+
PayNearMe
Skrill
PayPal
Bank Transfer
+9
3.
DraftKings
  • Bonus: 20% up to $1000
  • VIP Club
  • Cash Out
Play Now
T&Cs apply, 21+
PayPal
VIP Preferred
Play+
Discover
+5
4.
BetRivers.com
  • Bonus: Second chance bet: Get up to $500 in Bonus Bets
  • VIP Club
  • Cash Out, Live Streams
Play Now
T&Cs apply, 21+
PayNearMe
Bank Transfer
VIP Preferred
PayPal
+6
5.
FanDuel
  • Bonus: Bet $5 Get $150 in Bonus Bets if your bet wins
  • VIP Club
  • Cash Out, Live Streams
Play Now
T&Cs apply, 21+
Prepaid Card
PayNearMe
PayPal
Bank Transfer
+8

5. Online Betting Guides Based on Betting Features

Online betting sites provide an array of features aimed at improving the user experience as well as creating a holistic environment for online gambling. Our experts take the guesswork out of these common betting features by providing special topic guides, including:

In-Play Betting

A key feature is in-play betting, also known as live betting, through which users can bet on events as they happen. This dynamic provision gives an added advantage that allows bettors to place their wagers in response to the real game trend.

Our betting guides will prepare you for key factors to consider when betting live, such as:

  • Real-Time Action: The live betting option allows punters to place bets as the matches progress in real-time.
  • Instant Decision-Making: Live betting requires a prompt decision-making process because of its rapid nature.
  • Dynamic Odds Movements: During live-action, odds change a lot depending on changes in the situation, like goals, penalties, or injuries.
  • In-Play Statistics: Real-time statistics and graphics of the game are usually available through online platforms for bettors to understand current situations that will help them make better decisions.

Cash Out

Cash out is another important functionality, allowing the user to shut down bets before they finish. This instrument allows the bettor to profit or cut losses depending on how the game situation is unfolding, and you’ll want to understand how to use the tool effectively, which we explain in our guides.

Bet Builders

Moreover, Bet Builders enable users to formulate custom bets by combining various markets within one event. The customised approach enables bettors to adjust their wagers according to different game situations. For more in-depth insight, be sure to check out our detailed page on how bet builders work.

Common Terms to Know When Exploring our Betting Guides

Understanding common terms is critical before placing online bets. When you open any betting guide on our site, it’ll probably be full of important terminologies like the ones below. The more you understand these terms, the more helpful the guides will be:

  • Bookmaker/Bookie: The body that provides odds on several occurrences and accepts wagers.
  • Odds: It represents the odds of an event occurring again. They may be fractional, decimal, and moneyline odds.
  • Stake: The bet amount wagered on a particular gamble.
  • Bankroll: The sum of the funds allocated for betting.
  • Wager: Betting on a specific outcome.
  • Prop Markets: This is the short form for proposition markets. They are betting markets that work on specific events or occurrences within a game or event. Our guide to betting on prop markets is an essential read if you want to explore.
  • Handicap: Strategy to adjust the odds. It aims to equalise teams with different skill levels.
  • Spread: The point spread for two teams in a sports event decides the result of a wager.
  • Over/Under (Totals): Betting on whether the aggregate score for a game will be above or below an assigned value.
  • Accumulator/Parlay: Placing a number of bets together. Here, all selections have to return winners for the overall wager to win.
  • Live Betting/In-Play Betting: Betting on a real-time game match or event.
  • Juice/Vig: The commission or percentage that the bookmaker receives from a bet.

Conclusion: An Online Betting Guide Suited for All Topics

Embarking on an online betting journey can be thrilling, but it requires a solid understanding of the intricacies involved. That is why this page serves to point you in the right direction of an online betting guide suited to your needs as a novice or seasoned bettor.

In online betting, constant awareness, education, and vigilance are imperative, and our guides are designed to help you master betting on the sports you’d like to bet on and the best strategies to use. Whether you’re searching for a guide to betting on certain bet types, specific sports and markets, bankroll strategies, or unique betting features, there’s something for everyone!

Lateset betting bonuses – May 2024

1.
Bet365
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
Play Now
At bet365 we don’t do ordinary, that’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
2.
BetMGM
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Play Now
T&Cs apply, 21+
PayNearMe
Skrill
PayPal
Bank Transfer
+9
3.
DraftKings
20% up to $1000
Play Now
T&Cs apply, 21+
PayPal
VIP Preferred
Play+
Discover
+5
4.
BetRivers.com
Second chance bet: Get up to $500 in Bonus Bets
Play Now
T&Cs apply, 21+
PayNearMe
Bank Transfer
VIP Preferred
PayPal
+6
5.
FanDuel
Bet $5 Get $150 in Bonus Bets if your bet wins
Play Now
T&Cs apply, 21+
Prepaid Card
PayNearMe
PayPal
Bank Transfer
+8

Betting Guides FAQ

❓Are all online betting guides the same for all sports?

No, there is a lot of diversity when it comes to sports betting, which is why we have betting guides specifically designed for the most popular sports.

💰 Does Odds Portal have any guides about bankroll management?

Yes, there is a guide on bankroll management to help you learn and develop techniques for sustainable online betting.

🫣 Is signing up for an online betting site easy?

So long as you meet the conditions for signing up (namely being of legal betting age), signing up is usually simple. However, if you need extra help, our sports betting reviews will show you how to sign up at each bookie.

💱 Are there any online betting guides to learn about accas/parlays?

Understanding different bet types, including accumulators or parlays, is key to diversifying your bet experience, and at Odds Portal we have guides designed to help you use all types of bets.

🤔 Is there a betting guide on cash out?

Yes, cash out is a popular betting feature that we discuss in one of our guides. Learn what it is and how to use it!