Tuesday 10 February 2009

Sports Book Gambling For Beginners

A sports book gambling method is where a gambler bets on a variety of sports competition. These can be many things, but often include soccer, horse racing and other major sports such as baseball. This of course varies depending on which country you are on. The majority of information online is for American sports book betting but that doesn't mean the principles don't apply to other countries too.

The bet is only paid out if won and if the sports book considers the event over. You'll have to check your individual sports books rules to make sure you know exactly what the terms are for the payout. online sports betting can be very lucrative if used correctly, but many beginners fail to grasp the basics.

A Guide To Odds

Odds are the lifeblood of all sports gambling and you must fully understand them if you wish to gamble successfully. This isn't a post on odds so we won't go into detail here, but there is some background information you should know

Firstly, in the 1930s bookies took odds via telephone for the first time via the Athletic Publications Ltd company which specialised in odds.

In the modern world of gambling, most bookies get there odds either form other bookies or through other services. As far as I know, there is no centralised odds association.

Where To Bet

It goes without saying that sports book gambling has become considerably easier with the adcent of the internet. The internet bookies can handle countless simultaneous bets at a much higher speed. You don't get the social aspect of betting online, but it is still a great place to play. If you do play online make sure it is with a reputable company as there are some scams out there.

In the UK there are betting shops oin the highstreet of various different brands. Ladbrokes and Betfred are two of the major ones, but there are plenty of others.