Online Sports Betting
As a nation of 1.2 billion, India’s fanaticism about sports is well known across the world. The nation has fared well in the Commonwealth Games, the Asian Games, the Olympics as well as individual sports world championships for decades.
With sports being so popular in India, can sports betting be far behind?
Online sports betting is gradually turning out to be a phenomenon on the internet, and more and more passionate Indian fans are joining in.
The internet has witnessed the emergence of a huge number of sports betting sites in recent times – some legal, some not. If you are a beginner looking to have fun and gamble on the internet while staying away from fraud sites, you have come to the right place.
BettingTop10 India provides you with the ultimate guide to online sports betting in India. Here you can learn all you need to know about sports betting and become a wise internet gambler in no time!
Major Sports in India
Cricket is like a religion in India – an Indian who doesn’t follow cricket is a rare breed. Quite justifiably, too. India has been a cricketing nation for a long, long time. The likes of Kapil Dev and Sachin Tendulkar are revered round the world. Currently, they are a dominant force in world cricket with Virat Kohli at the helm.
That said, Indians are not indifferent towards other sports. Football enjoys a massive following with the English Premier League topping the charts. As one of the most vocal population on the conflict regarding who’s the greatest of all times, Indians certainly do love to bet on footballing stars.
Tennis, motor sports (mainly Formula 1), and hockey constitute the remaining sports that the majority of Indians prefer.
Popular Online Sports Bets
Sports betting in India cover a wide range of events and betting types. Be it cricket, football or hockey, Indians are never content with only placing bets on the result of the match. As passionate fans, they want more!
This is why choosing sites that offer an array of betting markets is so important. Not only does that allow you to assess your options, but also permits you to place multiple bets at a time, thereby exponentially increasing your profits.
Bets like margin of victory, highest scorer for each team, player of the match, correct scores at half time and full time are extremely popular among regular online gamblers from India.
Understanding Sports Betting Odds
If you are a newcomer foraying into the world of online gambling, the different formats on different online sports betting sites may puzzle you initially. But don’t let that worry you, for we have you covered.
Although the odds are expressed differently, they all pay the same eventually. The different formats of betting emerged in different parts of the world which is why some may appear more complicated to you than others.
Among the various odds formats, three are most popular across the world – the Fractional, the American and the Decimal Formats.
Fractional odds aren’t too difficult. The values are represented as A/B, for instance, say 8/1. The latter value represents your stake while your winnings are a sum of both A and B. This means, if you stake 100 rupees at 8/1 odds, you win a total of (800 + 100), i.e., 900 rupees.
The American format is called so because it is primarily used by bookmakers in the United States. The American system represents the odds as positive and negative numbers. For example, if the odds are -120, it means you will have to bet $120 in order to win $100. In contrast, if the odds are +240, it implies you need to bet $100 to win $240.
The Decimal format, the more widely used format in India, prefers decimals instead (hence the name). It is calculated as:
Winnings = (odds * stake) – stake
This is fairly easy to understand. Your winnings equal the odds times your stake minus your original stake. For instance, if you are staking 100 rupees at 9.0, you will win (9.0 * 100) – 100 = 800 rupees. Note that unlike the Fractional odds, this system doesn’t take into account your original stake in your winnings.
How to bet on sports
Now that you are familiar with the betting spreads and the working of the odds, it is finally time for you to step into the bug stage. Follow the steps mentioned below in order to create an account and delve into the vast world of online sports betting.
- Search for online sportsbooks and compare the odds on offer.
- After selecting a reputable sportsbook, create your account there.
- Choose the sport you’re looking to bet on and the respective event.
- The site will throw up a range of betting markets.
- Select from among those and place your bets by following the necessary instructions.
- Look for your Bet Slip on the right side of the screen.
- Most sites provide two options – keep the money in your account or cash out. You can choose either of them.
Sports Betting Tips
Sports betting online can be a risky business if you are not aware of the right things. At BettingTop10, we strive to make sure you do.
The first step in the world of sports betting must be to choose a site that offers the best possible experience. The sportsbook brand must be safe, reliable, and have the particular sports market of your interest. It must have a user-friendly interface with a hassle-free procedure of placing bets.
The second most important tip is to always select the best odds while gambling online. Researching the odds on offer by the various sportsbook brands online prior to placing bets may be a good idea in this regard.
Finally, following previews and predictions on expert, curated sites like BettingTop10 is of immense help, as well as betting tips about cricket. Not only do you get to keep track of line-up changes, player injuries and selection issues, you also get a comprehensive idea of the stakes on offer.
Sports betting is always unpredictable, but at BettingTop10, we try to make it as predictable as possible.