New Betting Sites

Today, the number of betting sites is uncountable. That's a good thing because players have plenty of options. Unfortunately, there are some unscrupulous dealers out there, hiding among genuine operators. The most important thing for bettors is to make sure that they join the best online betting site.

The above are the best new bet sites based on a rigorous testing procedure that considers several crucial factors. In this section, players can know about important factors they should consider when choosing the best bookmaker to join.

Where Do You Live?

The first thing players have to consider when choosing the best betting site is whether players from their country are accepted. For one reason or another, some betting websites may not allow players from certain countries. Others restrict promotions and rewards to players in specific countries.

Licensing and Regulation

After gamblers have ascertained that they are allowed to register on a particular bookmaker, the next thing will be to check the licensing and regulation. Both brand new betting sites and the old bookies should be licensed and regulated by renowned gambling regulatory authorities. As a word of caution, there are so many new betting websites that operate without licenses.

The best new betting sites have a wide range of sports to bet on. It's hard to say which is the best sport to bet on as it all depends on the different player tastes.

Hardcore soccer fans will definitely prefer wagering on the top leagues, for example, the Premier League, Serie A, and La Liga.

In contrast, basketball and football fans will go for NBA betting and NFL betting, respectively.

Other popular sports to bet on at these sites include rugby, motorsports, tennis, volleyball, cricket, darts, etc.

So what exactly are odds they and how do they work? If you're a first time gambler, it might be a bit confusing to figure out the best way to bet on odds, so let's have a closer look.

How do Betting Odds work?

In sports betting, players need to understand the betting odds and how they work. Also known as gambling odds, they show the probability of an event happening. They help players to calculate the amount they win if the bet comes through.

How to read Betting Odds

There are three odds formats; Moneyline, decimal, and fractions odds.

In Moneyline odds, also known as American or US odds, the underdog odds (+) represent the amount players win if they wager $100 while the favorite odds (-) represent the amount players need to realize $100 as their winnings.

Next is decimal odds, also known as European odds, which help players to calculate their winnings by multiplying the odds by their bet amount.

The last type of odds is fractional odds, also known as UK odds. Here, the number on the left (numerator) is what players win, and the number on the right (denominator) is their stake.