Online betting has evolved into a multi-billion dollar business which generates a steady stream of income for many professional punters.Online betting is categorized into three main types:poker,casino and sportsbook.
However, the sportsbook is the most popular of the betting types as you get to predict the outcome of actual events as against poker and casino where your winning chance is based on luck and good fortune.In Sportsbook, there are several scenarios on which you can bet upon which will increase your chances of winning and reduce your losing odds.You can bet on an individual or team winning or drawing,number of goals or points to be scored,the likely player to score for a team and other probables.
Sportsbook has a higher chance of winning than the other betting types.You can turn your passion for your favourite sports into a money-spinning venture that will ensure you get a steady income from the Internet.I know some people, specially Nigerians,will be averse to the idea of "betting" as they may tend to regard it as "mordern kalo-kalo" or "jogba" but the fact is that it is no different from the forex and financial odds market where you also speculate on the direction of the financial market.In this case,we are only channelling our passion for the game in hot cash.
For instance,if as a Premiership football fan, you were asked to predict the outcome between Manchester United and ,let say,Aldershot FC,it is dead certain that Manchester United will win the game.If the bookmaker(the betting site you use to place the bet) fix the odds of Manchester United winning the game at 1.50;with a bet placement of $50,your winnings will be $75$, thus making a tidy profit of $25.Sounds simple?Yeah.
Winning and making cool profit on sports betting is as simple as that. In complicated games, you stand the chance of tripling your winnings but the bottom line is to invest what you can afford to lose.
In my next post, I will show you how to bet with ease from Nigeria using your computer (or even your phone!) and withdraw your earnings straight to your Nigerian bank account! No international wire transfer,check or credit card wahala!
Wednesday, February 24, 2010
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