The Top 3 Most Practiced Sports on Earth: How to Bet on It

People engage in sports as a hobby, career or as part of keeping physically fit while others prefer watching others play. As a result, numerous games have been created to attract fans across the world. In terms of revenue, sports generates massive profits for various countries with huge followers. It is no wonder international bodies have come up with betting companies to guide gamblers. Here are top 3 Sports with active participants;

1.    Soccer

There is no country on earth that doesn’t engage in soccer. In as much as some of them may lack skilled footballers to take them through to FIFA, UEFA, World Cup, and other tournaments, they still have others they can take part in. Being the most popular sport with an estimated global following at 4 Billion, you will feel obliged to bet to increase the odds of a game or net a big profit.  But, how do you go about it?

How to bet on Soccer

  1. Choose a fully licensed betting site

Due to public demand, various sites have been created. If you aren’t careful, you could end up placing bets on the wrong site. So, how can you tell the difference between a legit or fraudulent site? For starters, it should obtain legal permit from a respective gambling body to offer the best services. It should also accept most forms of payment.

  1. Increase your chances of winning

It is important to do your homework before placing that money. Find out about the leading teams, players and the updates within the game through soccer news. Through it, you will discover the matchups that seem to work in favor of one team. For instance, if team A goes up against Team B, it would be wise to bet in favor of the winning team.

  • Understanding odds

It allows you to calculate your total earnings from a particular bet. Supposing you bet $200 on a game with odds of 2.0. If your team wins, you will earn $400. Finally, understand the money lines and the outcome probabilities. They are presented in hundreds and thousands, along with a plus or minus.

2.    Basketball

Basketball comes in second with an estimated 1 Billion followers thus generating over $4.75 billion a year in revenue for the US. It is arguably evident the influence Basketball has on countries such as Canada, china, Spain, Philippines, turkey, France, Germany among others.

From the revenues, TV contracts and overall sport popularity, it is highly unlikely for this sport to fade away from our TV screens in the near future. Could this be reason as to why starts like LeBron James, Kevin Durant and Kobe Bryant feature in the top 10 list of the highest paid athletes? Well, it is because they are paid handsomely and have signed endorsement deals with various companies.

So, how about betting on Basketball?

  1. Moneyline Betting

As a bettor, you need to understand the relationship between the common and simplest market. You are simply required to bet in favor of the winning team. Calculate the odds using the amount you have placed as your wager multiplied by the odds. If you win, you will get the entire amount and vice versa.

  1. Handicap Basketball Betting

Consider the Handicap offer as an important betting tip. Various bookmarkers will offer unbiased offer to the level of the playing field. The handicap outcome is a little bit different from the overall result.

  • Totals Basketball Betting

This is also known as Over/Under betting where the total points scored in a game will outdo or fall below set record.

3.    Cricket

Cricket is the second most practiced sport owing to its impact in the UK and Commonwealth countries. With an estimated global following of 2.5 billion, it has attracted a wide audience of gamblers who are passionate about the sport and interested in earning from it as well.

How to Bet on Cricket

  1. Select a Betting Site and set up an account

Just like in Soccer, cricket has a number of betting sites which you can log into after presenting your details with them. Look for a site with a user-friendly interface, live betting and other betting games. Also, ensure it is compatible with most mobile applications.

  1. Select a payment option

Deposit some money in your account to get you started. Different payment methods include; debit/credit cards, Neteller, ecoPays, Skrill, Entropay, and Neosurf among others. You are strongly advised to embrace e-wallets or pre-paid cards since they are more convenient for use unlike others.

  • Do your homework on Odds

Odds are tailored to help you determine how much you are expected to get once the bet you have placed wins. If you lose the bet, the expected amount plus the odds are retained by the betting company. To avoid losing your bets, conduct a background or recent performance for each team at play. Once you are confident about your betting decision, click on the bet you would like to make, fill in the amount you wish to wager on the outcome and click to verify.

Conclusion

Whether you are an active player or a simple spectator, sports is here to stay. In fact, international bodies advocate for sports to boost talents from people across the globe. The top three most practiced sports have been mentioned, but there are others that keep emerging. Will the trend remain the same? You can never know unless you keep supporting your favorite sport.