Gone are the days of going to the local bookies to place a bet. The Internet has created a whole new store, accessible from the comfort of your home. But how has this new platform improved the sports betting experience?
The web has revolutionized many things, and the world of betting is no exception. Bookmakers have turned to the internet to create new markets with new rules. The colossal reach of a website means that almost anyone can enjoy gambling online.
One of the most notable changes bookmakers have made is “in-play” bets. This new platform allows you to make a clear until the last seconds of an event. Changed your mind about that winning horse? It is not a problem. Make your bet whenever you want.
‘Live’ betting has introduced a huge selection of new markets to choose from. In a soccer match, you can bet on more than just the final result. Number of corners, free kicks, cards, there is a wide variety of alternatives to keep your gaming experience fresh.
Similarly, online betting has reinforced the induction of ‘spread betting’. It is a new form of game that asks you to estimate higher or lower based on a ‘margin’. The ‘spread’ is a parameter that the bookmaker believes represents the accuracy of a result.
For example, the number of points scored in a rugby match will be between 25 and 28. If you think there will be more or less, you will place your bet respectively. Guessing correctly means winning your bet multiplied by the difference between your guess and the spread.
Some sites allow bettors to buck the traditional view and bet on the odds of something not happening. This was rarely offered by bookies before now, and only happened if they had something to win.
Another new initiative sparked by online gambling is the ‘betting exchange’. Websites like Betfair allow other bettors to set the odds instead of a bookmaker. This has created a much larger gaming community than you would find at your local betting shop.
Internet bookmakers also offer several useful incentives for you to participate. You can get free bets and other bonuses by registering. In addition to this, some sites will offer helpful guides and tips on how to understand the markets.
Online gambling has put an exciting new face on its traditional counterpart. With new markets and methods available, you should give internet gambling a sporting try.