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How online betting works: Guide and tips
If you’ve never tried betting online, and you don’t know how to place a bet on any of the many online platforms today, this article will explain how betting works, and give you tips on how to make your registration and first deposit. But how does online betting work?
How to open an online betting account
Let’s go through the registration process to open a betting account.
The first thing you need to do is go to the betting site of your choice and register. To register, simply fill out the form with your personal information and submit it. You will then have the opportunity to open a betting account (by making an initial deposit), agree to the terms and conditions and, if available and possible, enter the promotional code at the time of registration and then receive a welcome bonus (if applicable). For a selective list of bookmakers that offer welcome bonuses, continue reading in the next paragraph.
This way you will have the username and password to log in within seconds. Here is the procedure and all the information, step by step, on how the bets work and how to place them.
For those wondering how many betting and gaming accounts you can open, each country has its own legislation on the subject. You should find out how many accounts you can have from the different bookmakers. It should be noted, however, that only one gaming account can be opened for an operator.
What are the welcome bonuses and what are the main offers?
Let’s say you have just opened an online gambling account and made your first deposit. Now it’s time to play and bet. Many operators offer the possibility to take advantage of and redeem the “welcome bonus”, i.e. the promotion reserved for new users, which allows you to obtain various advantages, such as: refund of your first bet, % bonus on your first deposit (for example, if you invest €10, you get a balance of €10 bonus for playing), etc. Here is a summary table of the main offers.
First deposit for sports betting
To understand how betting works and to actually start playing, all you have to do is log in to your gaming account. How do you do this? Just follow these simple steps.
After logging in, to make your first restart and start betting, you’ll need to return, as mentioned above, to the section dedicated to your game. The major bookmakers accept many different payment methods.
The most common and widely used are: bank transfers, credit cards and prepaid cards on Visa, MasterCard, Calibro, Postepay (one of the safest and most common methods, as it has no fixed management fees and does not require a current account), Sanpaolo.com or the stock exchange: Neteller, Clickandbuy,Moneybookers, Paypal.
Most bookmakers require new users to send a signed contract with conditions, for transparency and security reasons. The first deposit, in most cases, must be equal to or greater than €10 when opening the account.
How does betting work: how to play?
Once you have opened your betting account, you are ready to start betting. If you are a beginner, you may need a guide to the most commonly used sports betting vocabulary.
You will then need to choose the event, the football match, the tennis match, the sport you are most interested in, choose the game of your choice (always check the odds) and make the play, automatically displaying the amount of the potential win. In a few quick steps you have learned how betting works and how to bet online.
Almost all bookmakers offer welcome bonuses to all new customers. The bonus consists of a one-off sum that the platform offers to the new player: it is money that cannot be withdrawn and is available for your bets. It’s up to you to decide which bonus you prefer!
Many bookmakers offer the possibility to bet on football, but also on basketball and, why not, on tennis.
Below is an example of a single player match in a Serie A event with a final result of x and odds of 3.55, indicating a payout of €5 and a potential win of €17.75.
How do I withdraw money to win?
When you win and then want to withdraw the money you have won, simply log into your online account, go to the withdrawal section and withdraw the money you have won with your credit card, Postepay, Paypal, bank transfer, etc.
The most reliable bookmakers when it comes to payments are, quite simply, all licensed bookmakers. So all you have to do is to check online whether the site is safe and accurate.
Your betting score
All online platforms dedicated to interest, have on the site associated with the game section the score.
This section, for the customer, is very important as it allows you to keep track of all the current offers. In addition, you will have the opportunity to update your data and, which is important for any player, to deposit or withdraw from your gaming account.
After learning how betting works, it is very important for new users to keep in mind that in order to bet online, you have to be over 18 years old (the player must be over 18 years old when registering on the platform and send a copy of the front and back of their ID card, usually within 30 or 60 days). Remember that you only rely on betting sites with the license number of the country’s gambling regulatory authority and play responsibly. Gambling is prohibited for people under 18 years of age.
Customer support for information, doubts or questions
If you still have questions about how to bet, all bookmakers provide a special customer support area. Usually, the site has a guide on how to bid or a frequently asked questions, with all possible questions related to online betting. You can also usually speak to an operator by phone, email or chat for instant chat.
What are the benefits of online betting?
Having explained how you bet and how betting works, let’s find out what the benefits of online betting are.
By betting online, you can decide to play, to evaluate the reports, from the comfort of your sofa at home. Also, you will have a complete sports calendar with all the events on your PC or smartphone screen.
By playing online, you can choose your bets and already have the exact amount and game options, even before you confirm them. In addition, online access also offers many betting options such as Live Bet, Betting Exchange, Sure Bet, Fantasy Sport and Virtual Sport.
Now, with this short guide, you have learned how betting works and how to place a bet, you should always remember that gambling is addictive, and that the interest you find on the internet or in any agency, is reserved exclusively for those who have reached the age of majority and who can prove with a valid credit card.