Sports betting has been quickly on the rise due to its growing popularity, and more and more fans are seeking to enter this ever-expanding market. During the sports season, fans worldwide collectively spend billions of dollars in a single year. From the volume generated by punters via online betting sites and casinos, these are the top sports in the world to place bets on.
Soccer
European football, better known in South Africa as Soccer, comes in at number 1 as the world’s most popular sport to place bets on. This not only makes it the most popular but also the most profitable sport to place a bet on. Most bets in Soccer are generally straightforward, predicting which team will win and whether there will be a match draw.
It is often in the more advanced bets where all the money is made and offers better opportunities. This is where your more experienced better has the advantage by betting on such factors as the number of corner kicks and/or throw-ins and in what half the game they occur. Other advanced bets might include the number and/or colour of cards given to teams or individual players. Advanced betters like these often make use of websites like Livescore Bet for their accurate stats feeds and amazing odds, as well as the depth of their markets.
So how do I start winning money on Soccer games? I hear you ask. Well, don’t get too excited too quick; winnings in those high-paying bets require a bit of research and an in-depth understanding of the game and the players. Maybe you are better betting on something easier to win with, like Tennis.
Tennis
Betting on tennis is easy for the beginner and advanced betters as there is no chance of a draw at the end of a match. Tennis offers various easy and straightforward bets, but the most popular is correctly predicting the winner of a tournament or match.
To have an advantage on winning a bet on a tennis match, you must at least have studied each player’s rankings and performance in prior matches. Other factors might include the surface they are playing on, as some players perform better on either grass or clay. In addition to the above, you can listen to the commentator’s analysis of the match to better understand who might be more likely to win.
Horse racing
If the tennis scene is not for you, Horse racing comes in as the third most popular via betting volume. Traditionally horse racing fans had to go down to the track to place bets. But with the rise of online sports betting and with websites that give you all the best odds and stats, it’s become a breeze to place a bet on the horses. It’s the major competition where most of the money will change hands. Events like the Grand National, Kentucky Derby or Preakness Stakes will see the most action during the year. As with the other two sports, in-depth knowledge is a clear advantage and might include knowledge of factors that affect the horses to win, such as the weather, the class, track conditions and even the mood of the handlers. For the average punter, though, just analysing the latest stats and the comments made by the analysts can give you a fair chance of winning.
American Football
American football is definitely the most popular sport in the United States of America, drawing the largest number of punters for these spectacular events. Football is not just for the enjoyment of Americans, with a huge number of bets coming in from the European continent. The Superbowl is the largest betting opportunity in the American football calendar, with an estimated 26 million people betting on the 2020 Superbowl alone.
Basketball
Another American favourite, basketball, is one of the most bet-on sports in Northern America. Considering legal and illegal wagers, nearly $10 Billion is wagered during the March Madness event, where 68 teams play over seven rounds for the national championship title.
