The world of betting can be a complicated one especially if you’re new to it.

Often, you’ll have more questions than answers as you seek to understand the betting landscape.

Even more experienced punters seek clarification sometimes so there’s nothing wrong asking for help when in need.

Best Bets understands that there are times you’ll be curious about certain happenings in betting and would want to get clarification.

Here are answers to some frequently asked questions when it comes to sports betting.

Of course. Betting is a game of chance so there is every chance that you can make money from it.

However, it isn’t such a straightforward source of income as there is a likelihood you could lose everything with one move.

The so called betting experts usually get it wrong several times. The best form of advice is to make sure you have a well cut out strategy which gives you the best possible chance of making small profits throughout your betting career. That way, you’re assured of more wins than aiming to always go for the jackpot.

There are simple bets such as choosing a winner in a game and there are more complex bets where two or more events are combined.

You need to make sure that you completely understand the betting type/market. Always cross check your bet slip to make sure you understand what each of your bets mean.

You can contact us if there are any issues regarding a lost bet which you think you should have won.

That’s why we advise to start with a sport that you’re knowledgeable in and have experience in.

That way, you can easily understand the events and create your accumulator bets.

It can be very challenging when you’re trying to bet on a sport you do not understand or follow.

As you grow in betting, you can choose to expand to other sports as you research about them.

A lot of people are attracted to the idea of paying for betting tips or fixed matches.

The belief is that whoever is providing these tips is an inside source that knows about the events expected to happen in a a game.

Most people don’t have the time to follow sports because of their busy schedules and would want to pay an expert for correct tips.

The truth is the system has been saturated with so many people posing as experts when they really aren’t. Most of these guys are just using intuition and gut but make it sound like they’re a 100% source.

In most cases, we advise against paying for tips because they’re mostly misleading.

No you don’t need to an expert. The beauty about sports betting is how open it is. Absolutely anyone can place a sports betting regardless of their knowledge in sports.

However, the more knowledgeable you are in a sport, the easier it’ll be for you to understand which bets will work best for you.

Don’t let your lack of knowledge in sports prevent you from the thrill of sports betting. It was made for everyone.

Absolutely. You can choose to make sports betting a career once you have a sustainable winning strategy and put in the work.

The chances of becoming rich from sports betting are slim unless you turn it into a full time job and dedicate a lot of hours. Even with that, you’ll have to be one of the best punters in the world in order to become rich.

Yes. Sports betting can be profitable, but the majority of punters often lose money, that is why sportsbooks exist.

To become a consistent winner in sports betting, you have to research trends and study the sport to make bold predictions.

The odds are set by groups of extremely knowledgeable oddsmakers, who incorporate statistics and public perception. There are several companies around the world whose job is to set opening lines.

There are at a lot of websites that provide real-time odds. You can get most of these websites for free and others charge a fee to see them.

There are more than a few different odds types. The most popular odds types are decimal and moneyline odds, with fractional odds just behind those two. The default odds at your sportsbook will depend on your region, but just about all sportsbooks offer several different odds types.