Monthly Archives: November 2017

Where Should You Place Your Bets

Have you ever wondered what’s the best way to place your football wagers? Look no further than that – we’ll define the different places where you can gamble and why some people prefer them.

Bookmaking Shops

Bookmaking shops are places where people specifically go to bet. There’s different sports being played all around the venue, you get sheets with the odds for the particular league you’re interested in, and you’ll probably find likeminded people. Some will try to give you advice, no matter if it’s solicited or not. Others are too invested in the game or in making a decision to even notice you’re there. Either way, it’s usually a pleasant experience and it’s safe to say that pretty much every punter has gone to a place like that at least once

Casino

Many casinos have a designated area for sports betting called Sportsbooks. They’re much like Bookmaking shops, only inside a casino. Conveniently placed there are a few big screen TVs so you can watch different matches and events currently being aired. More about casino games you could find at estausa.co.uk. The odds are usually displayed on computerized boards all around the premises and you can place your bets at a cashier window, or using an interactive machine. The appeal here is the overall gambling atmosphere and the fact that you can watch several games at the same time.

Telephone Betting

If you like your bookmaker but don’t feel like going out, you’re in luck as most bookies accept bets over the phone. You just need to call the number and tell whoever the operator is what bets you want to place, confirm the odds, and give them credit card details or negotiate another payment method. This way of betting is perfect for those who want to experience human interaction but are too lazy to actually engage in it fully, or simply don’t have the time needed to do so.

Online Betting Sites

This is by far the most convenient way to bet. You can do it in your pyjamas, very early in the morning or mid afternoon, Monday through Sunday, 365 days a year. All you need to do is register in the site, enter your payment info and then do your thing. Simple as that.

A Simple Guide to Betting Odds

When gambling you’ll inevitably come across the odds being used in different ways. We’ll help you understand the basics and how it all works! First of all we need to define the 3 types of betting odds – Fractional, Decimal and American (frequently called Moneyline odds).

The easiest to calculate are the Decimal odds – you simply need to multiply the number by your stake. For example, if you bet £5 at odds of 2.20, your return will be £11.

That was easy enough, so let’s make matters a bit more complex. Fractional odds are used mostly in Ireland and the United Kingdom, especially in horse racing events. Here’s an example of how they work:

Let’s say you want to bet £20 at odds of 5/2. To calculate your winnings you need to add up the two numbers in the fraction and then divide the sum by the second number. You then multiply that number by your stake.

5 + 2 = 7 -> 7/2 = 3.5 -> 3.5 x 20 = 70

If all goes well your return for a £20 bet will be £70.

Finally, we’ll discuss American odds. They are determined based on the sum you should stake to win $100. These odds always include a plus or a minus symbol before the number, which indicates whether you need to put more (-) or less (+) than $100 to actually win $100. Usually the favourites are those with a negative symbol, whereas the underdogs are given a plus.

Imagine the odds for a football match are these:

New England Patriots = -150
Miami Dolphins = +200

Clearly, The Patriots have a better chance of winning according to the bookmakers, so you’ll have to bet $150 to win $100. On the contrary, Miami Dolphins are given positive odds, in this case meaning you’d have to put $50 to win $100.

These numbers can be a tad confusing at first, so you’ll need to take your time understanding the arithmetic behind them.