The world of sports betting is massive with many people hedging their bets in a variety of different sports. Sports betting makes up around 40% of the global gambling market.
It is clearly a profitable endeavour if done correctly. This is showcased by the sheer number of people who take their chances on the sports betting market. The worldwide sports betting market stood at around $2 billion for the year of 2021.
Most of the leading online betting platforms allow you to choose which sport suits you best and place bets on numerous different sports at the same time. Whether it’s golf, football, tennis, or even chess the abundance of choice can be overwhelming.
If you’re new to the sports betting game, it might be helpful to know which sports have historically been the most profitable betting-wise.
The best place to start is to ask yourself which sport you are the most knowledgeable about as having some sort of background information is always helpful when placing bets.
Golf:
The one thing that makes golf a safe and practicable sports bet is the longevity of the golfer. If you’ve been following golf for the past decade or even more you will know the names associated with the sport – Tiger Woods, Rory Mcllroy, Ernie Els and Dustin Johnson are just but a few.
With this longevity comes statistics and verifiable ways to know who the best and worst at the sport is. Using this information, one could easily make a calculated guess as to the winners of certain golf tournaments.
Football (Soccer):
Football is verifiably the most popular sport on the planet with millions of viewers tuning in from across the globe to watch their favourite players and teams. It is estimated that over $1 billion is betted on football yearly.
There are a few reasons why football is so popular betting-wise. Firstly, football is an easy sport to understand and very simple to learn about which players are in good form and which teams are likely to win and lose.
Another thing with football is the fact that many teams are far more powerful, financially than a lot of smaller teams, and so when two teams like this match up it’s rather easy to predict who will win.
Horse Racing:
Horse Racing is a sport that has been synonymous with betting for pretty much its entire lifespan. And much like the games at playlive.co.za, the sport has adapted to the modern world through the introduction of online horse racing.
It’s a sport you can bet on 24/7 throughout the entire year, and if done properly can be an extremely profitable and sustainable way to make money.
Like with any sport doing a little bit of research on different horse races around the world and learning about which jockeys are in good winning vain is a good way to start betting on horse racing.
Read Full Story
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS