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Sports and betting – where are we now?

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We as people have been betting on sports and other disciplines since the 17th century. There is something very entertaining about betting and gambling on sports. 

Maybe it is because we share the relevance, one day, you played that sport so you feel drawn to it. Maybe you know the ins and outs of the sport and have studied and analysed the sport for years. Whatever your reason is to gamble on sports. Know you are not the only one. 

In the US alone, there are 19 million online sports betters per year. And around 70% of all online betting is for soccer. Data about the UK or Ireland on this is quite limited. That’s why a statistic of the US was used. But it’s just to give you an idea of how big the sports betting industry actually is. 

We have come a very long way from where sports betting started, but sports betting services and websites are continuing to improve and move forward. Websites get user-friendlier, and you get more bonuses. To give you an idea of where we stand today in this industry, read more down below.  

Payments and deposits 

On all popular and everyday providers, you will find the deposit method which suits you the most; some offer even Klarna. Klarna is a buy now, pay later payment gate. Others keep it simpler and allow you to use your credit/debit card or PayPal. On rare occasions, you might see a provider where you can pay via cash transfer through a service like WesternUnion. 

Winnings, rewards and earnings are paid safely and quickly back to the deposit method. 

Or you could choose how you want it to be sent back to you. There used to be a lot of transaction fees and costs that came along with depositing or being paid out. But as of late, those fees are small to nothing. 

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Where to play in Europe?

Sadly not every online betting site is created equal. You could try your luck googling around, but the chances you’ll end up on a site of a scammer are high. Using popular services like Ireland's own “betinireland.ie” eliminates that nightmare scenario. Use them here when finding new betting sites

Also here they lay out the pros and cons of each site, and score them on points out of ten. 

This way you always know what you are getting yourself into! They have highlighted all the bad and the good. From a sport better to other sports bettors. 

Bonuses

It’s easy to jump on and start playing without really paying attention. When using an online betting service, you often get bonuses because it is online, and the service or provider saves on costs from opening up a location. So they reward you most of the time with bonuses. This can be through deposit matches. This is when the betting services match the amount you deposit. If you deposit 500, they'll add another 500 for you to play with. Other times you’ll get bonuses in the form of credits or tokens. Those credits or tokens allow you to play more. 

It is easy to forget those bonuses exist and play on and miss out on these. Don’t miss out on these because, more often than not, they are for new players only. So the bonuses will expire after a bit. 

Multipliers 

How this works is quite simple, but if you are betting for a team that hasn’t won in a long time, the betting service/provider may give you a multiplier on that. If you are betting, for example, betting for Wales getting through to the world cup and winning the group stages, you might get a fat multiplier for that based on the history of the wales national soccer team.

However, if you bet on teams that often get those wins like Liverpool or Manchester, the multiplier might be nothing or minimal since those teams win left and right games all the time. Also, when a highly qualified team like Barcelona plays against a team in Poland. The multiplier for Barcelona might be reduced because they are extremely likely to win from Poland. However, if you would have bet on Poland and they won somehow, you would get a big fat multiplier.

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