2024-04-26
If you’re new to online sports betting and gambling, the sheer number of sportsbooks and online casinos like Quatro Casino can feel overwhelming. This beginner’s guide will walk you through the basics, so you can start placing your wagers with confidence.
We’ll explore key topics like finding trustworthy sites, understanding betting odds and lines, popular sports to bet on, basic betting terminology, and strategy tips for new bettors. Whether you’re looking to put $5 or $500 on the next big game, our advice will help you navigate the world of online sportsbooks.
In the digital betting wilderness, not all sportsbooks are created equal. Before handing over your hard-earned cash, you’ll want to find reputable sites known for fair odds and prompt payouts. Watch for these markers of quality online bookmakers:
Looking at a sportsbook for the first time can be an alphabet soup of letters and numbers. Don’t let the betting lines confuse you. We’ll decode some key terms:
These simply show who is favored to win a contest outright, along with payouts for each selection. Negative odds indicate the favorite, while positive odds point to the underdog’s payout.
Also called a handicap, the spread sets a margin of victory needed to “cover the spread” and win a wager. If New England is -7.5 over Cincinnati, the Patriots must win by 8+ points to cash spread bets.
Sportsbooks set a benchmark number for total points scored in a match. Bettors wager whether scores will end over or under the posted figure. Football totals might be set at 49.5 points.
Getting started doesn’t require knowing exotic bets like parlays and prop bets. Focus first on moneylines, spreads, and totals – building blocks for beginners.
While sportsbooks take bets on virtually everything, from darts to elections, some sports see far more wagering action than others. Football and basketball generate the most betting volume in the US due to their popularity.
American football in particular draws intense fan engagement. The NFL brings in an estimated $1 billion in legal betting handle per year. With only 17 regular season games compared to 82 in basketball and 162 in baseball, each NFL matchup becomes more of an “event” that casual and serious bettors want an action on.
Global soccer also continues to gain American betting interest as matches from the English Premier League and Champions League broadcast on major networks. Expect the 2026 FIFA World Cup co-hosted by the US to take soccer betting mainstream.
While luck plays a role, sports betting also involves skill. Follow these strategic tips to get started on the right foot:
By setting smart limits, shopping for value, and leveraging your knowledge, you can stretch beginner’s luck into a fruitful run. In time, experience will further grow your sports betting skills – and bankroll.
Armed with the basics covered here, you now have the tools and knowledge to start betting smarter at leading online sportsbooks. Remember to gamble responsibly by setting a budget and getting help if you ever suspect a problem.
But most importantly, embrace sports betting for what it is – entertainment to make watching your favorite teams even more exciting. Now let the games begin!
Go to top
Mark your calendar for these stimulating events and prepare to be inspired.
Save the dates for the Open Days of your preferred Executive Education programs. Don’t miss out!
To stay one step ahead of your competition, sign up today to our exclusive newsletters to receive exciting insights and vital know-how that you can apply today to drastically accelerate your performance.
None of the information on this website is investment or financial advice. The European Business Review is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. No reviews should be taken at face value, always conduct your research before making financial commitments.
