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.

Figure out how to choose a betting site, sign up, top up an account and start betting online.

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.

While betting, you choose a match and a team that you think will win.

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.

You should consider betting as an 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.

Rank Name Bonus Benefits Link
Parimatch is one of the best online bookmakers in Bangladesh according to Bettingonlinebd.
5 ★★★★★
+150% up to 12,000 BDT
  • Convenient App for Android and iOS
  • Live Sports Betting and Streaming
  • Accepts BDT
Melbet - huge bookie for online betting in Bangladesh.
5 ★★★★★
+100% Welcome Bonus Up to 10,000 BDT
  • Impressive esports and virtual sports catalogue
  • Fast Deposit and Withdrawal
  • Greate customer support
Megapari betting company in Bangladesh.
5 ★★★★★
+100% Up to 10,000 BDT
  • Huge betting odds
  • A wide range of payment systems
  • Specific types of bets
Mostbet - top 1 bookmaker in Bangladesh according to Bettingonlinebd.
4.9 ★★★★★
+100% up to 25,000 BDT
  • Quick Account Registration
  • 100+ Events for Betting
  • Free App for Android and iOS
1xbet is the biggest bookmaker for online betting in Bangladesh.
4.8 ★★★★★
+100% up to 11,000 BDT
  • Accepts Popular Payment Methods
  • Quick Withdrawal
  • Easy Account Registration
22bet is one of the best sport bookies in Bangladesh.
4.8 ★★★★★
+100% Welcome Bonus Up to 11,500 BDT
  • User-friendly Android & IOS App
  • Wide range of payment options
  • A huge number of sport events
1win is a great bookmaker in Bangladesh with modern and covenient platform.
4.8 ★★★★★
+ 500% Up to 70,000 BDT
  • Access to broadcasts after registration
  • Huge bonuses with promos and vouchers
  • Convenient and modern interface
4rabet – official bookmaker for online betting and casino in Bangladesh.
4.7 ★★★★★
+200% up to 25,000 BDT
  • Huge Welcome Bonus
  • 24/7 Customer Support
  • Online casino and live casino
Babu88 online sports betting and casino in Bangladesh.
4.7 ★★★★★
+100% up to 12,000 BDT
  • The best global providers
  • Intuitive interface
  • Focuses on Bangladeshis
Dafabet is one of the lagest and oldest bookmakers in BD with huge bonus.
4.6 ★★★★★
+160% Welcome Bonus Up to 15,000 BDT
  • Most trusted bookie in Bangladesh
  • Efficient customer support
  • A wide range of sport events

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:

  1. Go to the website of the bookmaker you have chosen to bet;
  2. Now on the top panel, click on the registration item;
  3. A small window will pop up where you need to fill in the blank fields;
  4. 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.

Opent the betting website, go to the registration form and fill in all the fields.

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:

  1. Open the betting site and log in to the account you created earlier;
  2. Now use the deposit button on the home page;
  3. From the range presented, choose the payment method that satisfies you;
  4. 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.

Choose the most convenient payment method and deposit your betting account.

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.

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.

If you bet on the higher odds you have less chances to win a this bet.

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.

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.

Usually, you can download a betting app from the official website of a bookmaker.

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:

  1. Open the bookmaker’s website and log in to the profile;
  2. Now use the withdrawal option on the home page;
  3. Select the payment method with which the deposit was made:
  4. 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.

When you win enough money to cash out, choose the preferred payment method and withdraw your winnings.

Final Thoughts

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.

Now, choose a bookmaker, create an account and start betting on your favorite sport.

Post author

Mahmudullah Jayed is a sports journalist, online betting and gambling expert.

Mahmudullah Jayed

Sports betting expert, author and editor of Bettingonlinebd.