Sports betting is more popular today than it ever has been before. And with the ability to bet on sports online, your options as a bettor are nearly endless.

If you have never tried wagering on your favorite teams or players, then this sports betting beginner’s guide is for you. This page will cover everything you need to know about sports betting online and in person. You’ll learn about whether it’s right for you, the different types of wagers you can make, how to place a bet, and much more!

Below, you will find an abundance of information on sports betting for real money, along with several resources to help you gain a better understanding as a whole. If you’re entirely new to the process, then we recommend that you read through the entire sports betting guide.

If you already have a basic understanding or have tried betting before, then feel free to use the jump links below to find the section that you need:

  • Understanding Sports Betting: The Basics
  • Useful Resources for Betting on Sports
  • Types of Sports Bets
  • Sports Betting Online

Understanding Sports Betting: The Basics

Before you can begin betting on sports for real money, you need to understand the basics of doing so. While some of these may seem obvious, they are all greatly beneficial to know and will help put you on the fast track to becoming a successful and lucrative sports bettor.

Here are some great resources for understanding the basics of sports betting.

Mechanics of Sports Betting

Similar to most things in life, it’s important to understand how sports betting actually works before you dive in headfirst. This page will help you better understand the mechanics from bet selection to your stake, and even betting odds.

Understanding Sports Betting Odds

The entire purpose of betting on sports is to make money, right? Therefore, you should gain a full understanding of how sports betting odds work before wagering your money. This will help you better understand the potential reward based on the size of your risk.

Understanding Probability and Value

Knowing how to identify great betting opportunities is crucial in your ability to become a successful and profitable sports bettor. This page will explain the concept of value and how it plays into probability.

Benefits of Sports Betting

Sports betting for real money is one of the most popular forms of gambling there is. This is partially due to the popularity of sports but can also be attributed to the great benefits of wagering. Check out this page to learn more about them.

How Sportsbooks Make Money

You may be asking yourself, “If sportsbooks pay you for winning bets, how do they make any money?” Through specific techniques and tactics, they ensure that they stay in business by collecting money on nearly every bet placed. This page explains more about their process.

How to Place Sports Bets

There are many options when it comes to placing your sports bets. If you have never placed a sports bet before, then check out this page to learn about several betting methods.

Useful Resources for Betting on Sports

Now that you understand the basics of sports betting, here are some other useful resources you should check out in order to improve your success at the books.

Tips for Beginner Sports Bettors

It never hurts to receive some free advice, especially if you’re new to sports betting online. Start with the basics and check out this page to find some sports betting tips and get started on the right foot.

Sports Betting Beginner Tips

Common Sports Betting Mistakes

Mistakes happen, and you can’t expect to win every single bet you place. However, you can aim to avoid some common betting mistakes that new sports bettors tend to make. This page highlights some of the most common sports betting mistakes that you should aim to avoid.

Mistakes in Sports Betting

Sports Betting Glossary

If you haven’t spent a lot of time on any sports betting sites, then you are likely going to come across some lingo that you are not familiar with. This sports betting glossary will help you understand this lingo so that you do not have to pause your betting action to look up certain definitions.

Glossary of Sports Betting Terms

“Money won is twice as sweet as money earned.”

‘Fast’ Eddie Felson in ‘The Color of Money’

Types of Sports Bets

One of the most exciting things about getting started with sports betting is that you have a ton of options to choose from when it comes to the type of bet that you want to place. While some bet types are simple to understand, others are more complicated and can prove to be more difficult to win for less-experienced sports bettors.

Take a look at these different types of sports bets below to determine which one sounds like the best fit for you.


Moneyline bets are the best bets for beginner sports bettors. For money line bets, all you need to do is bet on who you think will be the winner of a game, race, matchup, etc.


Total bets, also known as over/under bets, are another great beginner sports bet that lets you bet on whether you think a projected total is above or below the true number of points, runs, or goals that will be scored.

Point Spreads

Point spread betting is another extremely popular sports bet that you can choose. This type of bet gives you the chance to apply your own knowledge and lets you root for a team even if you expect them to lose the game


Parlay bets are one of the highest-paying bet types there is. However, they are also one of the most difficult to win. Parlay bets let you roll multiple single bets into one, requiring 100% accuracy in order to earn a payout.


Teasers are a more advanced bet; however, you should still learn about them as a beginner. They provide opportunities for good returns on low-risk wagers and are a favorite among experienced sports bettors.


A futures bet, also known as an outright bet, gives you the opportunity to bet on an event long before it happens. This is great for knowledgeable sports fans who are good at predicting future outcomes. They also offer some extremely attractive betting odds.

If and Reverse Bets

If bets and reverse bets are a bit more complex than other types of sports bets. But once you are familiar with them, you will realize the potential money that there is to be made from them.

Prop Bets

Prop bets, or proposition betting, let you bet on aspects of a sporting event that are not tied to the final score or outcome. Instead, prop bets can get really specific and offer great opportunities for high payouts if you are willing to take the risk. Prop bets are extremely popular during the Super Bowl every year.

Live Bets

As its name suggests, live bets are placed while the sporting event is happening. There are many different types of live bets and they all offer intriguing betting odds, especially when it comes to live parlay betting.

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Place your FIRST bet on any Sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is €/£10. Only deposits made using cards will qualify for this promotion. T&Cs apply

Sports Betting Online

Sports betting is more popular today than it ever has been before. And with the ability to bet on sports online, your options as a bettor are nearly endless.

Starting is simple. But before you jump in, there are a few things every gambler should know about sports betting online.

How to Get Started

The first step to starting sports betting online is choosing a top-rated sportsbook. There are plenty of bookies available to potential customers, and it’s best to find one that offers the sports you want to bet on.

You should also check to make sure that the gambling site you choose offers competitive betting lines as well as attractive bonuses. That way, you can make sure you have the potential to earn as much money as possible from your wagers.

After finding your sportsbook, it’s time to make an account with them. This process takes a few minutes and usually requires a valid email address and a working phone number for verification purposes. You will also need to provide some other basic information, such as:

  • Date of birth
  • Home address
  • First and last name

Once you have given the sports betting site all of this information, you will then be asked about how you’d like to fund your account.

Most online sportsbooks now accept a wide range of different payment methods. You can choose to still use a traditional wire transfer from your bank, or you can even cash in on some of the intriguing bonuses that sports betting sites offer for using cryptocurrency such as Bitcoin.

There are also sportsbooks that offer their customers the option to deposit directly through PayPal, or even by using prepaid credit cards.

Once you’ve submitted all of your sportsbook account information, it will take a few minutes for them to verify your account. Once they have done so, they will usually send you an email confirming that your sports betting account has been successfully created and is now available for use.

When you start making sports bets online with your sportsbook of choice, you’re going to want to look closely at each bet to ensure that the odds being offered are fair. Sportsbooks update their posted lines quickly in order to ensure they keep as many customers as possible happy with their betting options.

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