Your Online Betting Guide

Sports betting has been one of man’s favorite pastimes for centuries now. It all began over 2,000 years ago in Greek when the Olympics was introduced and quickly spread to Rome, where sports betting was legalized. Today, sports betting has hit almost every corner of the world, thanks to the rise of sportsbooks.

With that in mind, it’s common knowledge that losses can be more common than wins in sports betting. And without proper guidance as a beginner, quitting is inevitable. So, this insightful page gives you a sneak peek of what to expect in the vast sports betting world. Read on!

Best betting guidesBetting glossary
Arbitrage Betting

Arbitrage betting involves a gambler placing a wager on one bet for a specific outcome with a bookie and simultaneously placing a wager on the opposite result elsewhere. These sure bets guarantee that the bettor makes a profit regardless of the outcome. In the proper conditions, arbitrage mathematically covers all betting outcomes of a specific match or competition. Those bettors who frequently place arbitrage wagers are labeled arbers. To profit, arbers wager significant amounts of money. 

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Betting Explained

Betting can be complicated for the inexperienced. Sometimes it can even seem like the world of betting has its own language! Don't worry. On this page, we will explain the ins and outs of betting terms and how betting works overall. Sports has become a big part of people's lives, with some that enjoy playing the game and some that are content with cheering their favorite teams on. There are some, however, that choose to show their passion for a sport or team by betting on them.

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Betting Lines

The betting line is the point that separates the favored team from the underdog in sports competitions. Bookies obtain odds on sports matches from a complex math model or computer algorithm. Based upon statistics, oddsmakers determine the probable victory margin between two teams, which is based on the strength of previous performances. During the analysis, sportsbooks compare teams to determine which one is favored to win and by which margin. For example, bookies may predict that a favored team will win by 10 points. Therefore, the underdog team may receive a 10-point handicap for betting purposes.

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Betting Odds

Depending on how you use them, betting odds can be neccessary if you're into smart betting. Learning how to read odds, and what good and bad odds are is an essential in betting. Down below we have created a comprehensive guide on odds within betting. One of the first things new bettors should learn is understanding sports betting odds. It's a crucial step since it enables players to determine how likely an event is to occur and what their potential rewards might be.

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Betting Strategy

The truth is that most sports betting beginners don't give a damn about strategies. While this is forgivable, considering a beginner has a lot to learn, it's a mistake to ignore a betting strategy completely. With the right approach, bettors make sound decisions that lead to frequent wins. Take note, though, that none of these betting systems guarantees instant success. But still, it's worth grasping and using one or two betting systems to tilt the odds. Keep reading to learn!

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How to Bet

Sports betting is easy, enjoyable, and provides a possibility for individuals to make money. Beginners, on the other hand, should not rush into putting bets. As simple as sports betting is, doing everything right at the beginning isn't easy. It's doubtful that players will enjoy sports betting if they approach it incorrectly since they will most likely not be on the right track to make winnings.

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Matched Betting

Sportsbooks and online betting sites offer matched betting, which is a strategy that helps individual bettors make a profit from incentives that bookies provide. A bettor may deposit in a bookie account, which the bookie matches to allow for risk-free betting. An account holder may also wager with two or more betting establishments and accept a free bet from one.

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Unlimited Betting Options at 10bet

Unlimited Betting Options at 10bet

One of the best, most successful betting sites today is 10bet, a brand that has been recognized as one of the major players in the online betting industry. The award-winning company is setting new standards in the online sports betting market. For those looking for vast gambling markets, high odds, and lucrative promotions, 10bet is the place to be.

Best betting guides

Best betting guides

Depending on who you ask, sports betting can be hard or pretty easy. For beginners, the whole thing involves just picking a sporting event, selecting a team, staking an amount, and hoping for the best. Even better, most new sports bettors bet on teams or events they already follow. This sheer simplicity is undoubtedly why sports betting is famous worldwide.

But for seasoned punters, simplicity and profitability shouldn’t be confused. While anyone can place a sports bet, not everyone can win a bet. That’s because a successful sports bettor must invest ample time and effort in research and strategy. In short, it takes some commitment and hard work to carve out a niche in this industry.

For instance, aspiring bettors should know about the popular betting markets and odds. From there, proceed to research critical statistics such as recent form, home/away, head-to-head, weather, missing players, and so much more. Overall, knowing most of these stats can reveal more about the team’s ability to win.

It’s also vital to remember that the bookmaker considers a lot of factors before setting the odds. As such, the onus is on the bettor to consider everything that can affect the match outcome. So, gather as much information as possible.

Explore our top betting guides

Fortunately, the experts here at BettingRanker are dedicated to arming bettors with all vital information to be successful. Here are some top guides to read:

  • How-to – In the world of sports betting, some things may look simple but challenging to master. But with insightful how-to content, getting the hang of sports betting is quick and easy. The guides here teach bettors how to make a bet, choose the right markets, calculate the odds, and solve most sports betting problems.

  • Strategy – When it’s about selecting the perfect sports betting system, opinions differ. In any case, the guides here present the best winning strategies for boosting profits in no time. The betting strategies apply to popular markets like football, golf, and baseball.

  • Explanations – Understandably, starting a new betting journey can be overwhelming. Fortunately, these top betting guides will hold your hand through the process. You’ll clearly understand the types of bets, mechanics of sports betting, responsible gambling tips, esports betting, and more.

  • Odds – It’s foolhardy to think about placing wagers on sporting events without getting a good grip on the betting odds. So, keep it here to learn the primary types of betting odds and how they pay.

Best betting guides
Betting glossary

Betting glossary

Like in any other gambling world, sports betting is full of confusing terms. In fact, don’t place that bet without learning some of these terms. So, below is a table with all traditional sports betting terms to understand:

  • Action - A wager or bet.

  • AET - Added Extra Time or simply extra time

  • Against the spread - The game result, which includes the point spread

  • American Odds - Betting odds based on a 100-unit. They are alternatives to decimal or fraction odds and feature a plus (-) and minus (+) to show the favorites and underdogs, respectively.

  • Bankroll - The total amount of funds for gambling purposes

  • Bonus - Incentives or rewards offered by sportsbooks to both new and loyal players

  • Bookie - Short form of a bookmaker, oddsmaker, or linemaker. Bookies set the market odds at a sportsbook

  • Chalk - A team or player that is the hot favorite for the event

  • Closing Line - Where the point spread is at the start of the game

  • Correct Score - Wagers for correctly predicting the final score of the game

  • Decimal Odds - Sometimes called European odds, these are odd types mainly in the European markets. They are represented by decimals

  • Dime - It refers to bets worth $1,000, $100, or $10

  • Dog - Short form of the underdog or team less likely to win

  • Double Chance - Having two options to win the wager. For instance, betting on a loss or draw in a single match

  • Edge - The bettor’s advantage over the sportsbook and vice versa

  • Even Money - A $100 wager to win $100

  • Fixed Odds - Odds that don’t change after placing a wager

  • Fractional Odds - Odds listed in fraction form. For example, 1/3 instead of -300 in American odds

  • Handle - Total amount stake on a game

  • Handicapping/Handicapper - A bettor who analyzes a bet before placing a bet

  • In-play bets - Another name for Live Bets

  • Juice - The bookmaker’s commission from winning bets

  • Lock - The hot favorite to win the game

  • Longshot - Favoring the underdog in a bet

  • Moneyline - An outright win or loss with no point spreads

  • No Action - A game which doesn’t take bets anymore

  • Odds on Favorite - A team or play that will likely win

  • Oddsmaker - Another name for bookmaker or linemaker

  • Over/Under Wagering - The combined score by both teams or players to be more than or less than what the bookmaker set

  • Player Props - Wagering on individual player action during the game. Like, the first player to score or get a yellow card

  • Point Spread - The figure the linemaker decides to represent the difference between the losing and winning teams

  • Sharp - A wise professional sports bettor

  • Steam - An abrupt line change due to a lot of wagering

  • TKO - Technical Knockout

  • Totals - A combined number of points a punter chooses to be scored by players or teams

  • Wire-to-Wire - Betting that a team will lead on each quarter or half of the game

  • Underdog - A team or player with long odds or less likely to win

  • Wager - A bet placed at a sportsbook

Betting glossary