In addition, the average sports bettor has the advantage of utilising their mobile device or tablet to access a betting website and make their bet. Most sites allow you to download their application to your device, making things easier when you’re not sitting at home in front of your computer. Simply setup your account, deposit some funds to get started, and you’re ready to go.
One of those sites, with virtually an endless list of sports to choose from is NetBet Sports. The site can be easily accessed from and gives the bettor the option of betting on all of the most common sports such as American and International football, basketball, baseball and ice hockey. You will also find sports such as tennis, cricket, golf, darts and even E-Sports as options if you choose.
So how big is the sports betting industry? That question is difficult to answer. In an article from April 2015 in the Daily Mail UK, is was estimated that global sports gambling could be worth up to 3 trillion dollars. Patrick Jay, a British-based independent betting expert, said around 65 per cent of that global figure was spent on football betting, with the Asian market the centre of sports gambling.
But just because it’s easier to bet on sports and is more accessible, doesn’t mean your odds will be any better. Sports by their very nature are unpredictable. Sure their are favorites and underdogs, but upsets happen quite frequently and there is no such thing as a sure bet.
In fact, The Daily Mail published a story back in 2014 likening sports betting to stock market investors. In it, it states that they both believe they can predict the future, and they sometimes fall into the trap of making decisions with their hearts instead of their brains. But those similarities are certainly not entirely accurate. Gambling on sports may be more fun, but it’s definitely a more risky use of money than putting it in the stock market. Fluctuations in the stock markets can happen, but over the long run are normally predictable and a good investment.
Speaking of numbers, the BBC, in a story from May 2017, said that gambling on football was worth a record £1.4bn to bookmakers in the prior year. Which also created record profits from football only bets.
So as you can see, global sports betting is clearly on the rise. For bettors, it creates more interest in the games and enhances their interest when watching the event. However, improving your odds of winning is still a challenge. Smart bettors would be wise to research events they choose to wager on to give themselves a better chance.
