I know there may be many questions about online betting. I thought I might be able to answer some of them in this post.

These Are My Common Questions About Online Betting

Should I have Multiple Betting Accounts

Of the many questions about online betting the most common one would be whether or not to have multiple betting accounts. My personal opinion is one should have multiple accounts. This is because there are several advantages to having more than one account. Not all bookies offer the same odds so having more than one betting account allows you to get the best odds possible on any given sporting event.

Another reason for having multiple betting accounts is to take advantage of some of the promotions offered by the different betting agencies at different times. Just as an example, Sportingbet has a promotion on the Socceroos vs Netherlands World Cup game where they’re offering a huge $20 for Australia to beat the Dutch on Thursday. if you were going to bet on Australia anyway then this offer would definitely be for you. Bet365 also has their offers. I’ve taken a screenshot from both so you can see them ‘live’ ;) With Sportingbet’s offer a $10 wager will win me $200. Although I know it’s going to be pretty hard for the Aussies to win that game I took that bet,

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How Do I Read The Odds?

When I first starting getting into online betting of the many questions about online betting working out the odds was way out on top In Australia we use the decimal odds system. This is different from countries like England that use the old ‘x-1’ odds. I’ve heard though that they may be changing to the decimal odds soon. The screenshot of my win in the England vs Italy World Cup game shows exactly how the decimal odds system works. Basically, the odds was $2.60 for a win. So if I placed a $1 bet I would win $2.60. Because I actually placed a $5 wager I won 5 times that amount netting me $13. Once I remove the amount I actually bet I come up with my actual winnings which was $8.

What Is A Double Chance Bet?

I wrote about this in my post, What Is A Double Chance Bet

What Sort Of Sports Can I Place A Bet On

You can pretty will place a bet on almost any sport, and in almost any country. Whether its horse racing or the World Cup most online betting agencies will have it covered. Another reason for having multiple betting accounts If one bookie doesn’t cover it another would. Here are just some of the sports you can bet on.

Horses, trots, dogs, Soccer, AFL, Basketball, Tennis, Rugby Union, Baseball, American Football, Boxing, Cricket, Cycling, Darts, Alpine sports, Golf, Ice Hockey, Netball, Snooker, Surfing. Heck, you can even bet on the outcome of an election!

If you have any questions about online betting feel free to leave a comment. If you got something out of this post I’d love it if you would use one of the share buttons at the bottom of this post.

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