Betting Guide

Unlocking the World of Online Sports Betting: Strategies, and Wagering Practices

Sports betting has always been a popular activity among bettors. In the 18th century, it became popular all over the world. However, back then, it was a different activity that mainly featured horse racing and boxing.

As times change and the world becomes a different place, wagering on different disciplines has become a prominent trend, especially for African users. Many people are interested in how to get started with online sports betting for beginners with no experience. Make sure to read our in-depth review to discover the most important details about this matter. 

Introduction to World Sports Betting Online

Bettors in Africa can wager on a broad range of sports if they are into online sports betting. From popular sports such as football and basketball to more exotic ones (squash, Gaelic football, curling), you can place bets on almost every discipline and from any place, as this form of betting takes place over the internet.

To offer legal online sports betting, companies need a license, which varies from country to country. However, in general, bets on certified bookies are permitted.

The benefits of online sports betting are worth mentioning. Convenience is a big advantage. You can place wagers without leaving your home, which saves time. Variety is another key benefit. Online platforms have over 100 betting options and more than 30 sports to choose from.

Additionally, you can top up your balance with a wide range of methods. World sports betting with crypto deposits has become a trend. With Bitcoin, Ethereum and USDT, it is much easier and faster to withdraw funds from your balance. 

World Sports Betting 20Bet, 22Bet, TonyBet Review

As we are talking about Africa, three brands stand out with their quality and user-focused approach:

  • 22Bet
  • 20Bet
  • TonyBet

22Bet is a top-notch platform that has been around for more than five years. It has competitive odds and more than 30 sports available for betting. You can have a detailed look at the major aspects of the bookie in our 22Bet review.

20Bet stands out with its hefty deposit bonuses and dedicated customer support. Crypto deposits are possible, and the live betting section is especially well-designed.

TonyBet has been around for more than 10 years. Its unique feature is the TonyBet mobile app, which you can download on both Android and iOS devices. Each of the mentioned bookies is popular for its exclusive promotions, markets, and customer support. 

How to Deposit and Withdraw Money?

Another interesting subject for bettors in Africa is the convenience of payments. Online sportsbooks generally support most banking methods, ranging from bank transfers and credit cards to crypto deposits.

Overall, minimum deposit amounts for popular sportsbooks vary but can be as low as $1 or the equivalent in different currencies. However, some bookies have a higher threshold, usually $20.

If you are interested in depositing money to a sportsbook with a debit card, you must create an account. To do that, click the Sign-Up button, enter your personal information, and proceed with the registration. The next step is providing the details for your credit card. Choose the method, indicate the amount, and you are good to go.

As for the fastest withdrawal methods for online sports betting, it is undoubtedly e-wallets and cryptocurrencies. Crypto withdrawals are usually carried out within 24 hours. 

How to Bet on World Sports Betting?

Before you place a bet in any sport, here are the most popular options for African bettors:

  • Moneyline: Bet on which team or player will win a match.
  • Point Spread: Bet on the margin of victory, where the favourite must win by a certain number of points.
  • Total: Bet on whether the total points scored by both teams will be over or under a specified amount.
  • Prop Bets: Wager on player performances.
  • Futures: Bet on the outcomes of events that will happen later, such as which team will win a championship.

As for placing a bet, make sure to follow these steps:

  1. Register and create an account.
  2. Add funds to your account using accepted payment methods.
  3. Choose the sport you want to bet on.
  4. Select the type of bet you wish to place.
  5. Enter the amount you want to wager and confirm your bet.

Also don’t forget to check daily predictions and opinions from experts. This will help you make more accurate decisions. 

Sports Betting Apps

Sports betting apps have introduced more convenience. Among the top-rated apps with live streaming features are 20Bet, 22Bet, and TonyBet, which offer exclusive options to players.

20Bet stands out for its user-friendly interface and various sports and live betting options. 22Bet offers extensive market coverage, including less common sports, and is known for competitive odds and quick payout options. Meanwhile, TonyBet is famous for its focus on European sports.

The best free sports betting apps for Android in 2024 have significant advantages. First, you can easily manage your account and follow real-time odds. If you are an iOS user, user-friendly sports betting apps for iPhone owners are also available in the App Store. 

The Basics of Sports Betting Strategy

Developing a solid sports betting strategy is necessary for minimizing losses. Before placing any bets, it is important to adopt effective bankroll management strategies. Make sure you familiarize yourself with how sports betting works.

Knowledge is power in sports betting — study teams, players, and conditions that might impact the game, like weather or injuries. At the same time, different bookmakers often have different odds on the same events. Opening accounts on multiple platforms can help you to compare and find the best value.

Track your bets, outcomes, and overall performance to identify and adjust your strategy accordingly. By applying these tips, you will gradually start betting more strategically, which could lead to better results. 

Matched Betting

Matched betting is a risk-free strategy where you can benefit from free bets. Sign up with a bookmaker that offers a free bet to take advantage of this approach. After that, place a bet according to the bookmaker’s terms. This is your first bet.

Afterwards, place a bet against your original one. Once you receive your free bet, repeat the process, but use the free bet for your second bet at the bookmaker’s site. There are many matched betting strategies for beginners with low risk. By carefully calculating the stakes, you can ensure a profit from these free bets. This method is trendy as it minimizes risk and can be quite lucrative.

Expected Goals

The expected goals (xG) predict a soccer match’s likely number of goals. Using expected goals for football betting strategy is a reasonable idea. Unlike simple goal tallies, xG accounts for how likely it was that a shot resulted in a goal.

By comparing the xG data with the odds provided by bookmakers, you can identify value bets. If a team’s XG is consistently higher than the number of goals they score, they may be profitable for betting.

Analyzing xG alongside other statistics, such as possession or shots on target, can be useful if you bet on in-game events. This is particularly beneficial for over/under and both teams to score (BTTS) bets.

Draw Betting

You might search for the best draw betting strategy for major sports leagues, but there is no 100% guarantee that the one you select will win. Essentially, you wager on a sporting event, usually football, and predict it will end in a draw. This type of bet offers higher odds. 

Choose teams with strong defensive records to make the most of draw betting. Teams evenly matched in skill and style are likelier to end in a draw. Games with high stakes, such as tournament knockout rounds or matches where both teams benefit from a draw, might end evenly.

Staking Plans

Staking plans are essential to maintain control over your finances. These strategies dictate how much to wager on each bet. A straightforward approach is betting a fixed amount or percentage of your bankroll on each bet, typically 1-5%.

In variable staking, the bet size varies. For example, more money might be wagered on bets deemed more likely to win. In Martingale, the stake is doubled following a loss to recover losses in the next win.

Comparing Online and Offline Betting Experiences

Online and offline betting are both tools for placing stakes on your favourite matches. As soon as new sportsbooks emerge, more people in Africa move online to check them out. Below, we will examine the advantages and disadvantages of online vs. retail sports betting.

First of all, with online bookies, you can place bets from anywhere. It is more convenient, and the number of markets can be different. The live betting experience on online sports betting platforms can also be more attractive for some players.

You will also discover the best bonuses and promotions offered by online sportsbooks. In brick-and-mortar gambling establishments, free bets, cashback, and reloads are generally unavailable.

On the other hand, physical sites are typically well-regulated, and offline betting offers the perks of interaction with other players and the opportunity to share opinions. 

Addiction and Responsible Gambling

Sports betting can be an enjoyable pastime, but staying in control is necessary. Thus, many bookmakers in Africa have responsible gambling resources for online sports bettors. You can contact customer support at any time and temporarily cool off from the website.

It is recommended that you set a budget and stick to it before you start betting. Never chase losses and wager emotionally. Treat any losses as the cost of entertainment and wins as bonuses.

People are also interested in how to recognize signs of sports betting addiction. If you spend too much time on wagering and it consumes your daily life, immediately seek help. 

Finally, regular breaks from betting can help you assess your gambling habits and prevent addiction. Online sportsbooks will help set deposit limits for online sports betting accounts.

FAQ

How does sports betting work?

Sports betting works the following way: You pick a match and predict the result of what will possibly happen. Odds, set by bookmakers, determine the potential return on a bet. If the prediction is correct, you will win. If incorrect, you lose the stake. Generally, you can place bets on almost every sport, from popular to niche.  

What are the common types of sports bets?

The most common types of bets are moneyline, total/under, player props and futures. For some sports, such as football, you can also predict the number of corners, shots and throw-ins. Each discipline is individual in this regard. 

How do odds work in sports betting?

Simply put, in sports betting, odds represent the likelihood of an event occurring. For instance, if you use decimal odds, the lower they are, the more likely this option is to happen for a particular bookie. 

Odds can be displayed as fractions, decimals, or American odds. Fractional odds (e.g., 3/1) show potential profit relative to the stake. Decimal odds (e.g., 4.00) represent the total payout for a unit stake. American odds use plus and minus signs, with plus indicating underdogs and minus for favourites (-150 requires a $150 bet to win $100).

Is sports betting risky?

To some degree, betting on sports is risky due to its unpredictability. Despite analysis and predictions, the outcomes of sports events remain uncertain. Even a heavy favourite can lose a match against a clear underdog

Additionally, the potential for addiction poses a risk. You might end up in a situation where you wager more than you can afford, leading to financial problems. Always take betting with responsibility.

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