You don’t have to be a sports expert! That’s it!
Pictures this: it’s a Saturday afternoon and you feel like doing nothing, whilst mindlessly scrolling through Facebook. Then you come across a Bitcoin sports betting platform ad that offers great bonuses and chances to win big time. Although this appeals to you as a very good offer, you feel uneasy and unsure of what is expected from you when it comes to sports betting.
In this simply sports betting guide, we compiled some useful betting tips on how to start your sports betting adventure safely and making it as fun as possible.
Powerful Tips Before You Start to Bet on Sports with Bitcoin
Take note of these sports betting tips to help you prepare before you bet on sports with Bitcoin.
Budgeting is important.
Knowing how much money to put in sports betting is essential. You can plan out a monthly or a weekly budget and stick to that. Start investing in gambling if you have money aside and not use your essential money that you need for living.
If you are a beginner then start really small and build up alongside your betting skills. Also, it’s good to consider that staking per wager a lot can bust you in the end. Always, always, always take 2% out of your budget, so you can control the odds of losing a lot of money.
Decide when and what to bet on.
This second step is crucial and you should consider it way before starting to bet. Firstly, think really hard what sport to bet then decide where to bet on. Of course, not all sports offer good betting opportunities, but those that do are American Football, Soccer, Tennis, Golf, Basketball, Ice Hockey, etc. You can choose from an endless number of tournaments and competitions since bookmakers go out of their way to provide the best betting opportunities possible.
A golden rule is to bet on sports you already love (shocking!). Don’t bet on many sports at once or on those that don’t have competitions all year. However, if you don’t like sports very much, you can simply try out the most famous ones and pick your two or three favorites. You can also try to bet on esports.
After you do that, go and search for a sports betting website. You can try your luck at Sportsbet.io, a Bitcoin casino and sportsbook that provides a modern and flexible platform that reels in all sports bettors. You can also check out some of the hottest crypto sports betting sites today.
Learn about odds and wagers.
This is a crucial step since those two terms play a very important role in sports betting. If you’re new to these odds, keep in mind that they come in different formats like moneyline, decimal, and fractional, among others. The most famous is the decimal, but it’s good to get familiar with the other ones and the different types of wagers, as well. Check out the CSGO Empire match betting odds are explained for a better understanding of how sports betting odds work. And if you are one of the many horse racing fans who can no longer attend races as fans are barred from attending 2020 Kentucky Derby on Sept. 5, then knowing how horse racing odds work is crucial.
Bitcoin Sports Betting Recommendations to Remember
Yes, you don’t have to be a statistics know-how on sports to enjoy betting. Sometimes simply sitting down and watching the game with some basic knowledge of it can be enough. The point and excitement that stems from sports betting comes from the expectations that come with the result of each match.
Of course, you can take it up a notch if you want and learn about statistics on sports, so you can be more in-depth with your betting. For instance, you can enjoy your 2020 US Open betting in USA Bitcoin sportsbooks session just by watching the matches. But of course, a little understanding of how tennis works will help.
The next thing you should really think about is the involved risk when betting, just like when playing in a Bitcoin casino. No predicted outcome can be a 100% accurate and you may lose some money in the process. To keep yourself from losing money, it’s a good thing to budget the money that you invest in betting. This way you won’t be breaking your bank constantly.
And the last thing to know is that you can beat the bookmakers with whatever odds they might set. It’s possible to do that, but you need to understand more than just the basic guidelines to sports betting.
Think you got everything? Apply what you have just learned and start your winning streak in NBA betting with Bitcoin. Better yet, read more about the tips and strategies to win Bitcoin in horse race betting.
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