As one of the world’s fastest growing and most popular pastimes, sports betting has become a thriving industry on its own, and has seen massive periods of growth over the last few years especially. With hundreds of millions of people around the globe diving in to sports betting for the first time, there has never been a better time to be a part of the action.
For those punters that are brand new to the exciting world of sports betting and are keen to learn as much as possible about their new hobby and potential career, let’s take a look at some of the most interesting facts associated with all kinds of sports betting.
Late Betting Is Common
For anyone that is just starting out with sports betting, it might seem that the most common way of placing a wager is by looking at an upcoming event, and then placing money on the teams or players that will be participating. But it might be surprising to learn that this isn’t the most popular method of betting; in fact, it’s much more common for punters to only place their money right as the event has started. A big part of this is due to new bettors not really being sure of what to do or how the system works and will then wait for other bets to be made before following suit.
The Popularity Of American Football
It’s easy to think that sports like soccer or cricket are the most popular betting options around, but American football tends to lead the way in terms of sheer numbers, even in the countries that aren’t the United States. In fact, American football betting is such a beloved pastime that it has spawned sub-industries that have gained their own traction, such as fantasy sports betting. Not far behind is basketball, which has become one of the most popular sports around for new punters in particular. It’s also for this reason that September sees a large uptick in bets being taken out, as this is the start of the football season within the USA.
All Bets Are Different
Something that a punter might notice straight away is that the odds for a bet might deviate wildly from a different bet, even if both bets are centred around the same event. This is partly because the odds are calculated based on the which team is favoured and which is the underdog, as well as what the overall public is choosing to do with their money, and it’s a skill that can be used in Canadian casinos. This is why the more successful punters also tend to keep a close eye on the bettors when taking out a bet.
The Most Popular eSports
Today’s eSports betting has come a long way in the last decade, and most people tend to think of League of Legends and Dota 2 when it comes to competitive eSports. Which is why it can be a surprise to many to learn that around half of all eSports bets that are taken out are for popular first person shooter Counter-Strike: Global Offensive.