Have you ever bet someone they can’t do a backflip or drink hot sauce? You probably don’t realise it, but you’ve initiated and participated in numerous bets. That’s because betting is part of our nature. The thrill of positive feedback and winning cold hard cash are just some of the reasons why we love to bet.
But it’s not all about the thrill of victory. As veteran practitioners of the gambling arts, we’ve decided to open up our hearts and tell you all about the joys of betting, the rewards of predicting a binary outcome, and warn you about potential pitfalls. After all, only a responsible punter can master this craft.
1. Entertainment Value
There are many reasons we love betting. In a nutshell, it begins with the thrill of placing the bet, which is followed by the excitement of an entire match. The game is even more thrilling to watch if you’re a fan of the sport. It ends with collecting your winnings.
The list of betting options depends on the sport and site that you’re using to place your bets. In some cases, you can get that familiar rush while trying to guess the outcomes of numerous events during the match. This is called in-betting, and it’s a must have for any betting site seeking to establish itself in this business.
This is why we love football betting. You can bet on the first goal, the first foul, corner kick times, and numerous other match stats.
Betting can also help you keep up-to-date with the sports you love. Your favourite club doesn’t play every day. So broaden your horizons by betting on other matches and clubs. This is also one of the reasons betting sites often have sections for lesser-known sports like handball, volleyball, and lacrosse.
Since betting involves predicting an outcome, it has become popular to bet on TV shows, award competitions, and other televised events. More than anything else, we love betting on TV shows.
Who can forget watching the final season of Game of Thrones and trying to figure out which character wouldn’t survive until the next episode or who would end up on the Iron Throne? Music fans can bet on the Grammys and other award shows while enjoying their favourite tunes.
Esports have become an essential feature of traditional sports betting sites. If you love online betting, you cannot ignore esports. You get all the in-betting options of a football match, but the esports broadcast is usually more engaging. You can watch the game from many different angles, including each player’s in-game view.
Some esports events include giveaways, so you can win something just by tuning in while learning about the game. And then there are the larger-than-life personalities of the players that make them easy to idolise and root for.
Another reason why we love to bet is that this is a very affordable form of entertainment. These days, even going to the cinema can be quite expensive. You need to dish out cash for transportation to get to the theatre and then another £8 for each ticket.
The price goes up if you choose a 3D or 4D film. It’s a few more quid down the drain for the popcorn, a candy bar, or a bottle of water. That’s costly for a movie you might not even like.
So why bet on sports? Sports betting can be as cheap as just £1. For that money, you get to enjoy a quality match from the comfort of your couch. And you might win some cash. Simply put, it’s a better deal. And if you’re feeling lonely, you can call your friends over, crack open a cold one with the boys, and start betting.
2. Monetary Gains
One of the most obvious advantages of sports betting is the chance to win money. There’s no shame in using betting as an avenue to improve your financial situation. Many people bet solely for this reason.
Unlike casino games or bingo, sports betting doesn’t rely on pure luck, which is why you’ll hear plenty of success stories from punters worldwide. A dedicated, serious punter can definitely turn this fun activity into a source of steady income.
But to make real money from betting, you need to equip yourself with the necessary knowledge. That’s why we bet only on sports and events that we are familiar with. Placing random bets won’t get you far and will leave you frustrated and feeling like you wasted your time and money.
Developing a betting career requires dedication. You will be rewarded when you learn how to analyse upcoming matches and make educated guesses about the outcome in a professional manner.
There are plenty of good things about betting. But there are a number of aspects that we have to warn you about. For starters, it’s easy to lose and overspend. Sports can be highly unpredictable, and a team that breezed through a league qualifier can suddenly lose to an underdog.
A key player may skip a match or two due to an injury, while weather conditions can also have a significant impact on your team’s performance. In tennis, for example, certain players perform much better on hard courts, so a switch to grass or clay can act as a real curveball.
Another thing to keep an eye on are signs of addiction. You might be wondering, why do people gamble by placing bets on high stakes and obvious underdogs?
It’s okay to bet on an underdog for fun, but when a person is almost exclusively betting like that it might be a sign of addiction. Many sites provide self-exclusion tools that are designed to limit spending and betting time for those who might have a gambling problem.
3. Personal Satisfaction
Explaining why we love to bet isn’t always easy. Sometimes we just want to be able to brag in front of our friends and prove we’re good at it. It’s hard to match that feeling of winning a football bet after some fiery discussion in the office and showing your colleagues that you are a true sports aficionado.
It’s not even about the money. It’s a chance to test your knowledge of the sport and the league by predicting the final score.