10 Simple tips for betting newbies: where and how to start betting?

If you're new to betting, you probably want to know where to start and how not to fall into the devious net of scammers. In this article you will learn the most useful tips for those new to sports betting.

But for more information on the sporting world, game statistics and access to the hottest games, check out Bookmaker's Office. Read the article below to find out the most useful tips from the experts in the world of betting.

Do your research

Sports betting brings in big profits for bookmakers and casinos of all stripes - and these companies are in it to win it. They spend an incredible amount of time and money to collect all the data they can to help them win as much as possible. But don't be intimidated - you can do your own research. Find out everything you can about the teams and the sport. Use Twitter to get an idea of the lines and do all the analysis you can. Be sure to familiarise yourself with your own stats too: winning percentages, units and return on investment. This part might seem a bit tedious, but time spent researching will help protect your bankroll.

Safety is most important

As with any gold rush type scenario, scammers abound, just waiting to prey on newcomers. In the sports betting world, these guys are called 'scammers' and can often be found on Instagram. Be smart and avoid them with a few simple tips. Watch out for accounts with unverifiable win/loss records, obsessions with showing off their high roller lifestyle and promises of 'guaranteed winnings'. The lack of user comments or reviews is also a big red flag.

Goals and means - define yourself

Define your objective. Gambling is tempting, cold-bloodedly avoiding the temptation to gamble is boring. The smart middle ground is the right one. If you are passionate about a particular sport, you will get a thrill at any outcome of the game. If you are not a fan in general, and you are just looking to make money, then you will enjoy the intricate betting strategies and mathematical beauty of this peculiar science.

Decide on your means. Many drinkers consciously set themselves a limit when they head to the bar. It's one thing to have a good time and have a good time, and quite another to blow your wages in one go. Or losing it on bad bets. We strongly advise you to take the example of conscientious revelers - and under no circumstances go beyond the limit of money you're prepared to entrust to the bookmaker.

Betting is never 100% correct

Predictions on esports betting sites can vary widely, but it is worth remembering at all times that there is always a large percentage of randomness in sport. Even the most renowned poker player can, at times, suffer an embarrassing defeat that even the best of poker experts can't predict.

From this we can conclude that while placing a bet, one should keep a certain amount of scepticism in one's judgement. Perhaps, it will help save money or at least keep your wits about you from an upsetting loss.

Make the most of rewards and bonuses

Most online betting sites are always looking for new customers, and many offer special sign-up bonuses that you can use to increase your bets and help cover your losses. Don't shy away from participating in loyalty programmes, as these sites often reward loyal customers with special offers.

Don't bet only on your favourite teams

Sure, you have your favourite teams, but limiting your bets to betting in their favour can be disastrous. Betting is all about cold, hard numbers. Keep this in mind to make sure you bet with your head and not your heart. Feel free to bet on your favourites from time to time, but treat it wisely.

Remember: Lines are for betting, not for predicting results

Know that the lines are constantly changing due to random new information, betting action, weather and everything else. Don't fall into the trap of assuming they are indicative of results. The bookmakers want as many people as possible to bet on both sides, and all lines are designed to maintain this tension.

Know how to be on time

Pretty clear, isn't it? Experts agree that chasing your losses in an attempt to recoup them is a sure way to get into serious trouble. Try to keep each bet separate from the previous and the next.

Set a limit, stick to it

Although it sounds like common sense, we all know how easy it can be to get carried away in the heat of the moment. Make sure you know your limits and don't exceed them. Some reputable sites, such as BetMGM, will even help you out by allowing you to stipulate - and easily lower - spending limits, temporarily suspend your account and even limit the time you spend on the site. They also make it difficult to increase these limits once you have them in place. One last point: all good gamblers know to quit while you are starting to win.

Bet on what you really love.

Of course, it doesn't have to be football. Whichever sport you're more into, that's your betting choice. To reiterate, fortune favours the smart. Not people who don't even know the rules of cricket and bet on Mumbai Indians' victory in the Indian Premier League. If you're an experienced fan, you'll find it easier to judge the odds of a team's or an athlete's success. Also, in the world of betting there is a special kind of betting - in-play betting, where the odds change during the game. This is where a true fan has the chance to significantly increase the excitement.