What You Need to Know About Official Betting

official betting

In official betting, bets are settled based on the final result outlined by official governing bodies. This includes outright bets on leagues, tournaments and cup competitions. Any amendments made to a results table, such as points dedications will not affect outright bets. For individual player markets, bets are only paid out if the player plays a minimum of 90 minutes. Games that are abandoned before the full 90 minutes have been played will see bets void unless they have already been settled (e.g. first goalscorer markets).

With sports betting legal in more states than ever before, professional leagues have a lot more visibility into the bets being placed on their games. As such, it’s important for new bettors to understand the rules of the game and how to avoid pitfalls.

It’s also worth remembering that it’s not easy to turn a profit betting on sports, and it certainly isn’t guaranteed. The best way to improve your chances of winning is by sticking to a budget and only betting on sports you know well. It’s also a good idea to keep track of your bets in some way, either via a spreadsheet or an app, so you can easily calculate your net wins/losses. This will help you to determine whether your betting strategy is working and where you need to make changes. Ultimately, the key is to enjoy your bets and have fun!