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Five steps that you need to go through prior to betting on sports

Jung Min-seo by Jung Min-seo
April 22, 2021
in Hot Topic
0

FintechZoom > World > Hot Topic > Five steps that you need to go through prior to betting on sports

Nowadays, people have all kinds of hobbies, one of which is online betting. One of the big advantages of using the internet is that we can wager on our favorite sports and play the casino games we love whenever and wherever we want to.

The fact that online betting is so convenient is one of the reasons why the industry exploded in the last couple of years. Even people who usually don’t watch sports chose to try their luck due to the fact that they don’t need to visit any land-based betting operators.

Needless to say, you have to consider many things before you start betting on your favorite sport, so let’s check out the necessary steps that everyone has to go through.

1. Choose which sport you want to bet on

The first thing that you have to do before you start betting is to choose a sport. Of course, you don’t need to focus on only one option, but if you don’t have any previous sports betting experience, it is not a good idea to wager on multiple sports because it will be difficult to keep up with the latest information.

Some of the most popular betting options include:

  • Football
  • Ice hockey
  • Tennis
  • Basketball
  • eSports
  • Baseball

2. Go through several betting websites before you decide which will be your new bookie

After you decide which sport you want to punt on, it is time to find the best sports betting operator. Usually, this is a complicated process that takes a lot of time because there are many good options out there. Fortunately, if you decide to learn more about betenemy and visit this place, you will see that this website gives you the chance to compare the best betting platforms in the world. This will save you a lot of time because there is no need to go through each site.

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When choosing your new online bookie, pay special attention to the sport you like. The vast majority of operators don’t focus on a particular sport, which means that you should find a lot of options for everything. However, certain companies pay more attention to specific options, such as eSports.

3. Go through the registration process and verify your account

Now that you know which will be your new online bookie, it is time to create an account. Registering as a new client usually takes a few minutes because every new signee has to provide specific information. Besides the necessary account details (email, username, and password), you will also have to input personal information, such as:

  • First/Last name
  • Country
  • Address
  • Date of Birth
  • Currency

Do not provide inaccurate information during this process because you will have to verify your account later on. This procedure might take between a few minutes and several days, depending on the bookie. Once you sign up, you will be required to send a copy of your ID card and some sort of utility bill that will prove your address.

4. Visit the payment section

One of the main reasons you have to go through the account verification process is that this will allow you to withdraw your potential winnings. Before you get the chance to do that, you need to visit the payment section and go through the list of payment options.

Usually, bookies allow their clients to avail themselves of different types of deposit and withdrawal alternatives. The most popular ones include:

  • Cryptocurrencies
  • E-wallets
  • Credit and Debit Cards
  • Vouchers
  • Bank Transfers
  • Cash Deposits

If you use cryptocurrencies, you will probably have access to Bitcoin, Litecoin, Ethereum, and Ripple. As for e-wallets, most betting sites support the most famous ones (PayPal, Neteller, ecoPayz, Skrill, etc.)

Besides the payment alternatives, you also have to learn more about the entire payment process. Try to check how much money you have to deposit in each transaction, are there any fees, is every banking solution available in your country, and so on.

5. Check whether there are mobile apps

Most people worldwide don’t have a lot of free time because they are always on the go. That’s why some bookmakers decided to invest a lot of money into their mobile applications.

If you are one of the people who want to use a mobile phone or a tablet to punt on sports, you should definitely check whether the bookie has a stand-alone application for Android and iOS. Sadly, you won’t find any mobile applications for other mobile operating systems.

If you use something other than Android and iOS, check if the bookie has a mobile website. Some people don’t want to download an app because they don’t have enough free storage space, which is why they use bookie’s mobile website version.

Usually, the mobile website looks exactly like the desktop one. Hence, you should be able to bet on sports, make a deposit, use the different bonuses, and so on.

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Everything you need to know about mobile sports betting

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Interesting facts about some sports betting platforms that you probably don’t know

Jung Min-seo

Jung Min-seo

Jung Min-Seo is a staff writer covering technology for FintechZoom. Contact: [email protected]

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