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Sports betting explained: How to bet on sports

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What is sports betting?

Sports betting involves staking on the outcome of sporting events. Bettors attempt to predict the result of an event in order to win their bet - and potentially profit.

How to place a sports bet?

Placing a bet is simple. Bettors can add a selection to their bet slip, choose the amount to bet and the potential winnings will be calculated in the betslip. To build a multiples bet the bettor can simply add more than one selection to the slip.

What is the best sports betting strategy?

The answer to this question is that there isn’t a definitive best approach to betting. If there was a so-called “best sports betting strategy” then any edge it granted would quickly disappear as that information leaked to the market.

What works for some bettors may not work for others. Betting hedge funds have the resources and funds to capitalize on small advantages across a wide range of games. Individual bettors may have more joy specializing in niche sports or leagues where their own knowledge can be leveraged to their advantage.

What is important for any betting strategy is to be aware of the concept of value and to follow an appropriate staking method.

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