How to Bet on Sports for Beginners in Bangladesh?
Nowadays, millions of people worldwide are involved in betting, but we have noticed that the entry threshold into this industry is relatively high. That is why we have prepared this page. Here a player can find all the information he needs in order to finally place a bet on his favorite sport. From the first deposit to the withdrawal. We will guide the player through this seemingly difficult way.
How Online Sports Betting Works?
To begin with, it is necessary to make sure that the player correctly understands how the bets work. The idea is that the player places his money on some outcome of the match. Each outcome has its own odds – a certain number. If the outcome occurs and the player bets on it, the amount of the bet is multiplied by the odds and so the winnings are obtained.
For example, the player places a bet on the outcome with odds of 1.5 10000 BDT. In the case of winning 10000 BDT is multiplied by 1.5 and the player eventually gets 15000 BDT to his account balance. That’s how it works. In the case of losing the bet amount is lost.
Is it Real to Make Money from Betting
We, like all adequate companies, advocate that players perceive betting as entertainment. It is possible to win money, but it requires experience and rigorous analysis. It also requires not letting your emotions get the better of you. Usually, in the beginning, the bettor loses, but after gaining experience it is possible to go in the plus.
Making a bet is much more fun for the player to watch the match, as there is excitement. It is because of this that people bet. Watch the matches of your favorite team and try to win at the same time experiencing a palette of different emotions. Online betting is a unique kind of entertainment.
Where to Place a Bet?
Nowadays, you can find a wide range of different betting sites on the Internet where you can place a bet. However, among them, there are fraudulent or unscrupulous bookmakers. We advocate fair play and that is why the table below shows reliable betting companies with a good reputation. By choosing them, players can be confident in the safety of their funds.
||Parimatch||+150% up to 12,000 BDT||
||Melbet||+100% Welcome Bonus Up to 10,000 BDT||
||Megapari||+100% Up to 10,000 BDT||
||Mostbet||+100% up to 25,000 BDT||
||1xbet||+100% up to 11,000 BDT||
||22bet||+100% Welcome Bonus Up to 11,500 BDT||
||1win||+ 500% Up to 70,000 BDT||
||4rabet||+200% up to 25,000 BDT||
||Babu88||+100% up to 12,000 BDT||
||Dafabet||+160% Welcome Bonus Up to 15,000 BDT||
How to go Through the Registration Process
In order to make a bet to start a player needs an account. Signing up for a betting platform is easy and the process is similar for all of them. We have described it in the instructions below:
- Go to the website of the bookmaker you have chosen to bet;
- Now on the top panel, click on the registration item;
- A small window will pop up where you need to fill in the blank fields;
- Finish creating your profile by clicking on the corresponding item at the end of the menu.
We advise you to write down your account username and password somewhere. This information is needed in order to log in to it in the future.
How to Deposit?
Now the player needs money to balance the account. You can get it by making a deposit. It is made in accordance with these instructions:
- Open the betting site and log in to the account you created earlier;
- Now use the deposit button on the home page;
- From the range presented, choose the payment method that satisfies you;
- Enter the deposit amount and fill in the details.
That’s all, the money will appear on the balance of the profile instantly. We also advise you to use bonuses on your first deposit, as they allow you to increase it several times.
Betting Types and Markets
It’s time to understand the types of bets. In fact, there are now hundreds of them and this is due to the specifics of various sports disciplines. It is not necessary to understand all of them, instead, we advise considering those types of bets that are common to a wide range of sports. These are the outcomes we have discussed below.
This type of bet is the easiest. In it, the player places money on which team will emerge victorious from the confrontation. This is the simplest kind of bet.
This type of outcome is already more complicated. It requires the player to predict what the exact score will be at the end of the match. The chances of winning are often not great, but the odds for this bet are often higher than 5.
If the player chooses this outcome, it means he bets that one team will win over the other with a certain margin of points. This type of bet is often used by players who are confident in the victory of a particular team and want the odds to be higher than the outcome of the Match Winner.
Both Teams to Score
With the BTTS outcome, the player is betting that both teams will score at least some points throughout the match. This type of bet is most often used by players in confrontations of more or less equal teams. Thus, the chance of winning is quite high.
With this kind of bet, the player places money on the fact that globally 1 of 2 outcomes will happen. For example, team 1 and team 2 play. The player bets on the Double Chance outcome on 1 team. If the match ends with a win for team 1 or a draw, the bet is successful. Both developments suit this type of bet.
This outcome is one of the most common in various sports disciplines. With it, you can bet on 1 – the victory of the first team, X – a draw or 2 – the victory of the second team. The bet is a three-level and it is the easiest for beginners to master.
How Betting Odds Work?
Each bookmaker has its own team of analysts. It is they who calculate the probability of various outcomes and set the odds on the site. You can notice that bookmakers offer both large and small odds and this is directly related to the probability of the outcome. The higher the odds, the lower the probability of winning with it and vice versa. Experienced players win precisely by making predictions that are even better than those of betting company analysts.
Popular Betting Strategies
Since the former has now existed for over 20 years, players have come up with a large number of strategies. We studied them and were able to highlight the most adequate options. You can find them below.
The Martingale Strategy
In this strategy, the player places a bet and doubles it if he loses. This continues until the bet turns out to be winning. This is the essence of the strategy. It is suitable for players who have a large bankroll for bets.
With this style of play, the bettor needs to decide on the amount of bet to be placed. Usually, this value is set at a value of 1 to 5%. After that, the client of the betting company bets and does not change the bet amount regardless of the situation.
This strategy is high-risk and with it, it is necessary to have a good understanding of the game. Under it, the bettor bets on the outcome and after winning bets the full amount of the bank again. This continues until the player loses or until the client reaches an acceptable amount for withdrawal. The idea is to always bet the maximum amount of money.
This strategy is very similar to the Martingale strategy. However, with it, if the player loses a bet, he adds its amount to the next bet. This continues until the client wins. After that everything starts all over again.
How to Download a Betting App?
Many bookmakers now offer their own betting applications to place bets directly on your smartphone. They are most often not available on the Play Store and App Store. They are located on the sites of bookmakers’ offices. Apps make the betting process more convenient and their main advantage is that you can bet even when you are away from home.
How to Withdraw?
After a while, the player will want to withdraw the funds. This process is simple and the player just needs to use the instructions below:
- Open the bookmaker’s website and log in to the profile;
- Now use the withdrawal option on the home page;
- Select the payment method with which the deposit was made:
- Enter the withdrawal amount and fill in the details.
The money will come to the player within a few hours to a few days. The fastest way to withdraw money is through e-wallets and cryptocurrencies.
This information is enough for the player to start betting. The main thing is not to get too carried away with it. Always use the amount of money that you don’t mind losing. Otherwise, you can become addicted to betting, and it can even ruin your life. Think of betting as entertainment, in which case everything will be fine.