Quick Start Betting Guide

Hey, welcome to Best Betting Online.

Our goal is to provide you with the best betting information online. Because let’s face it, sports might be fun to watch and play, but that excitement is taken to another level when you can bet on them. You feel each tomahawk jam, diving catch and scissor kick goal.

So what will you find on our site?

We’ll cover things like sportsbook reviews, betting tips, strategy and news. Pretty much anything that will help you make more money betting online.

Now, there are 2 ways you can approach sports betting.

One, you can be serious. You focus on finding +EV opportunities in the lines bookies offer. You bet to make money.

Two, you bet for fun. You make bets on your favorite team, player or uniform, no matter what the odds are. You like making goofy prop bets. You’re just having a good time.

Which do you fall under? We’re not judging; there’s no right or wrong way to go about it.

But it is important that you align your expectations with your approach. Don’t expect to win a lot of money unless you take it seriously.

Either way you go, you’ll want to learn all you can about betting, and betting online. That includes the bets you can make, how the different bets work, and how to find a legitimate sportsbook.

Types of Bets You Can Make

There are lots of bets. Too many too list. That’s because many bets are game specific. The types of wagers you make for soccer will differ from baseball, and baseball from basketball.

But there are common bets that will be available for most sports. We’ve listed those below with a short explanation about how they work.

Straight Bets – This is a bet on who will win the game outright against the spread.

For example, take 2 teams, say, the Heat and Spurs. If a bookie has the Heat at -2 (the favorite) and Spurs at +2 (the underdog), you would take the final score and subtract 2 points from the Heat. If they beat the Spur by 3 points, you would beat the spread and win your bet. Any less and you’d either draw (your money back) or lose your bet.

Moneylines – These are bets on games that don’t use spreads. You’ll take two lines, say the Heat -120 (minus means favorite) and Spurs +130 (plus signs means underdog). If you bet on the Heat, you’ll bet $120 to win $100. If you bet on the Spurs, you’ll wager $100 to win $130.

Props – These are a variety of bets that don’t revolve around the outcome of the game. Instead it’s on the outcome of individual events. Like who will score first, last, the most points, etc. You can bet on goofy things too, like what dance someone will perform after a touchdown or the color of the Gatorade dumped on the coach.

Futures – These are bets made on future outcomes, such as who will win the Super Bowl or World Cup. These bets can be made months in advance.

Parlays – These are bets made on many teams at once. Your bet will win only if all teams on your ticket do.

Over / Unders – These are bets on the total score for the quarter, half or entire game. This can also apply to individual teams, both teams or players.

Teasers – This is a bet on two or more picks. The difference between these and parlays is that they’re adjusted in your favor. You won’t receive as much money when you win.

In-Play – Many online sportsbooks allow you to bet on games while they’re in session. Often these bets are props for a specific player, quarter, point total, special move or play, etc.

There are many variations of these bets. You won’t come across some of them until you get a bit deeper into sports betting, and more so when you focus on a specific sport.

How to Choose a Sportsbook

Ok, so you’re ready to bet; which sportsbook do you join?

Well, the first thing I suggest is tweaking your thought process. You don’t want to sign up to one book. You want to join 2-3+ books.

Why?

The reason is that the odds for each game or outcome is always changing. Often bookies will have similar odds, but not always. Sometimes there’s a discrepancy. This gives us an opportunity due to a better price or arbitrage. Other times a book is just slow to change their lines. That’s an opportunity, too.

Either way, with an account at several books, you can always be sure you’re getting the best price on your bet.

Even if you’re betting for fun, having more than one account is a good idea. You still want to get a good price whenever possible. The more money you save, the longer your bankroll lasts. It’s simple math.

Get it? Good.

So with that out of the way, what do you look for?

The first thing I do is rule out scam books. These are easy enough to find if you do your research. You make sure the book has their license and has a reputation for paying their players.

I also recommend being weary of (most) review websites (like SBR). They rate their books on how much money they’re receiving. That leads to a mediocre experience for you, or worse…

The best books will be known for paying their customers and for not punishing you for winning (too many) bets. It does happen though, which is another reason why you should have multiple accounts.

I prefer sportsbooks that accept Americans. There are a few good ones out there, like Bovada or 5Dimes. And they have to have a good selection of deposit methods, like credit cards, wires and money transfers. A mobile app is key, too.

Ultimately, it comes down to what you want? What sports do you want to bet on? What promos look promising? Does the book offer reduced juice? Do you care?

Once you answer those questions and do your research (using our reviews), you should have 2-3 sportsbooks that top your list. Join those books, split your bankroll between them and use our betting guide to get you off on the right foot.

That’s what I would do. That’s my suggestion for you, too.