Here in our Betting school section, we aim to get you started with online sports betting by explaining the basic concepts associated with online betting and answer all your question in a bid to get you up and running with your career in betting.
On this page, you will learn all that you need to know, beginning with how to choose a betting site (Bookmaker), how to register on a betting site, how to verify your account, the process of making a deposit in your betting account, how to claim a welcome bonus and many other things.
This section is primarily aimed at helping newbies to sports betting. We have done a series of articles that is about answering all your betting questions. You will find the list of basic betting subjects we are going to cover in this article below.
List of articles about betting subjects
- How to find the best bookmaker for your needs?
- How to register a betting account?
- How to verify your betting account?
- How to claim a welcome bonus?
- How to download a betting app?
- How to deposit money to your betting account?
- How to place your first bet?
- How to choose the best bets?
- How to contact a bookmaker?
- How to withdraw funds from my betting account?
- How to find the best betting odds offered on the market?
- How to calculate a bet or a combination of bets?
- What is an accumulator bet?
- more topics to come….
Get a quick overview about betting topics with the following short explanations…
Find the best bookmaker
It is not enough to choose a betting site; you have to settle for the one that is perfect for you. Certainly, people have different needs when looking for a bookie. However, there are some factors such as Licensing and Regulation, Reputation, Sportsbook, Payment methods, Betting options and many more that has to be considered before settling for a bookie.
Register a betting account
After finding a bookmaker that fits your needs, the next step is to register with the bookie. To create a betting account, you will need a few details like your name, Phone number, contact address to complete the registration. Usually, the process takes a few minutes to complete and you will be ready to make a deposit.
Verify betting account
Betting sites are required by law in different places to ask for proof of Identity and address to keep their licenses. This is done to forestall financial impropriety by customers and to enable you withdraw funds. Your bookie could ask for documents such as Drivers licenses, International Passports or utility bills to verify customer’s identity and addresses.
Claim a welcome bonus
Most betting sites offer one form of bonus or the other for new customers. It could be in the form of Deposit bonuses, Free bets, Refer a Friend bonus and many other types. To claim these bonuses, most times, users need to make a deposit, plus fulfill wagering requirements and conditions you can claim the bonus.
Deposit money in betting account
To place a bet, you need to have sufficient funds in your betting account and the different betting sites offer various deposit methods. This method ranges from Bank deposits, Mobile money, USSD and Payment gateways. You should choose a deposit method that works in your locality.
Place first bet
Placing a bet is the next thing after setting up your betting account and making a deposit. To do this, you have to identify the event and betting market you want to wager on. Once you identify these, you are ready to place your first bet.
Choose the best bet
To choose the best bet, you are going to have to do some research. Luckily, most betting sites provide information on teams and events. This can go a long way in helping you to make a betting decision.
Contact a bookmaker
At some point, punters would have a need to get in touch with Bookies to resolve one issue or the other. Bookmakers can be contacted using channels like Phone calls, social media and Live chats.
Withdraw funds from betting account
After landing some bets, you may want to withdraw your winnings from your betting account. However, with most bookies, you have to undergo verification to get your funds. You also need to have access to a withdrawal method available on the platform of your bookie.
Find the best betting odds offered in the market
Different betting sites will provide varying odds for the same markets. To find the best odds you have to dedicate sometime to do odd comparison in order to choose the best odds in the market.
Calculate a bet or a combination of bets
Calculations of bets can be a tricky, but you will have a proper understanding when you identify the different types of bets and odds.
An accumulator bet is a bet type comprising multiple events or selections in one bet. It is sometimes referred to as Multi bet or simply ACCA.
Deactivate betting account
It is possible to close your betting account as a form of self-exclusion or for other reasons. Luckily, most bookies allow customers to close or deactivate their accounts. It can be as simple as logging into your account and deactivating from the ‘My Account’ section.