If you live in a legal betting state, you likely get bombarded daily with lucrative sportsbook bonus offers and sports betting terms thrown at you constantly.
But How Do You Bet on Sports??
What you don’t get is any sort of education on sports betting. It’s great that a sportsbook offers parlay betting .and betting on a wide variety of sports, but if you don’t know HOW to bet on any sports or what any sports betting terminology means, you’re going in to sports betting uninformed – which is a great way to lose money.
This is a major failing in the sports betting market in the US that SharpBetting seeks to address. In our ever-expanding Sports Betting EDU section, we’ll seek to simplify sports betting with easily understood explanations of all facets of sports betting.
SharpBetting Education
We have straightforward articles covering all you need to know about sports betting, from how odds work and the different types of odds worldwide, to explaining what round robin betting is, what parlays are, to guides on how to bet on specific sports. It’s a true Sports Betting 101 guide, that will continue to expand.
Have a question? Let us know and we’ll answer you AND write up an article about it.
Featured Sports Betting Education Tips
How Do You Bet on Hockey?
Hockey is not a sport that is extremely popular to bet on, but it does provide a solid betting option. The National Hockey League is easily the biggest league when it comes to this sport, but there are plenty of international leagues that are popular as well. Betting on hockey is pretty similar to…
How Do You Bet on Football?
The sports betting industry just continues to get increasingly popular as new betting options emerge. You can place bets on all of the most popular sporting events out there, but football is easily the sport that attracts the most betting action. The National Football League (NFL) is an absolute m…
What Is Points Spread Betting?
Betting on the point spread in sports betting, particularly basketball and football, is quite common. This is because, in these two sports, more points are scored during the game compared to other sports such as baseball and hockey. Therefore, before making a bet, it is vital to understand how poin…
What Is Round Robin Betting?
A round robin wager in sports betting allows bettors to create a series of small parlays from a list of several bets. Most bettors already know that a parlay is made up of multiple bets tied into one wager, in which all the bets must win to make a profit. The round robin betting meaning originates…
How Do You Make Parlay Bets?
Most often, sports betting is an art that leans towards obtaining results. Either you choose one side to win or the other. If your team wins, you win your bet. If they lose, you also lose. However, there is a type of bet called a parlay, a combined bet based on two or more results. If you’re not fa…
What is a MoneyLine Bet?
If you are new to sports betting, the easiest bet to make is a Moneyline bet. You likely have experience with informal bets between friends or acquaintances similar to a moneyline bet at a sportsbook. In this article, we’ll explain the basics of moneyline betting, how to place bets on the moneyline…
Sports Betting Terminology
Sports betting can be a relatively easy hobby to get into, but you will have to know and understand some key terms to be successful. There are also some common betting types that you will find, and knowing the difference in each of them can allow you to choose the one that works the best for you. …
How Do You Bet on Soccer?
Soccer might not be a popular sport to wager on in the United States, but it is extremely popular worldwide. This is a sport that offers some different betting options than what you find with other sports, and that is actually what makes it a good betting option. Soccer games are low-scoring by na…
Different Betting Odds Formats
When it comes to betting on sports, odds are essentially a representation of the likelihood of a particular result occurring in a sporting event. Bookmakers are responsible for establishing pricing or odds that accurately represent the likelihood of a specific outcome occurring. Bettors will find…
How Do You Bet on Basketball?
Football is easily the most popular sport to bet on in the United States, but basketball has been closing the gap in recent years. Basketball is popular at the college level, as well as being popular at the NBA level. There are some great betting options when it comes to basketball, and a lot of th…
How Do You Bet on Baseball?
Baseball and betting have a very interesting past, and there have been some gambling scandals that have rocked the league throughout history. Even though some baseball players have gotten in trouble for betting on the sport, it’s now completely legal for fans. The sports betting industry has reall…
How Do You Bet on Golf?
Betting on golf is a little different than placing wagers on team sports, but there’s a huge market for it. While some sportsbooks offer action on other golf leagues, most only allow you to bet on the PGA Tour. Fortunately, the PGA Tour schedule runs almost all year. The 2022-23 season, for instanc…
How Do You Bet on Tennis?
Tennis might not have the appeal of the National Football League (NFL) or Major League Baseball (MLB) in the United States. Still, it’s a popular sport worldwide and presents plenty of opportunities for avid sports bettors. This is because the men’s (ATP) and women’s (WTA) tours play almost year-ro…
Ready to Bet?
In the USA, nearly every state requires you to be 21 years of age or older to be verified by online sportsbooks and bet online with them. Montana, New Hampshire, RI, and Washington state theoretically allow users to bet online at age 18. If you see a sportsbook in the other states that promises you that you can bet online at age 18, that’s a sure sign that it’s an unregulated offshore sportsbook.
That depends on the state you’re located in. Across the US there are over 40 legal sportsbooks that are available. Typically, a state that’s newer to online sports betting will have 6-10 sportsbooks legal, whereas some of the states with longer legalized sports betting, like New Jersey, have around 25 online sportsbooks available.
Yes and yes. And you should! Sportsbooks allow you to set daily win and loss limits, time spent limits, deposit limits on a monthly, weekly, and daily basis, and maximum wagers per day limits. There are no shortage of self-imposed limits that you should look into. Most importantly, though, you need to come into your betting with a plan – and stick to it. This plan should include how much you want to bet, how much you can afford to lose, and what your stopping point is. Further, you may want to consider when to cash out a bet early if you’re winning it. If your plan is that you have $100 to have fun with and if you lose it, that’s it for the month, you should set a deposit limit of $100 a month BEFORE you start betting.
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