Sports betting takes on many forms, but its true nature is the act of predicting the result of asporting event. Events people typically bet on include football, horse and dog racing, soccer,American football, etc. Bookmakers AKA sportsbook are mostly used to place bets, both onlineand in brick-and-mortar outlets like casinos.When it comes to the total amount bettors gamble and the amount a sportsbook earns afterpaying out winners, there is a difference. The global sports betting and lottery business wasvalued at over $200 billion, but due to the 2020 coronavirus pandemic, this figure decreased. TheCoronavirus affected the sports betting sector, destabilizing it with the absence of certainprofessional sports leagues and tournaments.When the COVID-19 outbreak in the United States started, the majority of responders decreasedtheir bets. Prior to the pandemic, the global online gambling industry reached close to $60 billionin 2019, this number is expected to quadruple by 2023.The expected growth of the online gambling industry will also pave way for the increase ofsports betting in the future. So, let’s see some of the most famous sports players bet on fromaround the world.8 Most Famous Sports Players Bet On Soccer MMA Horse Racing Basketball Tennis American Football Cricket Golf SoccerEuropean football or soccer is one of the most popular sports in the world, and one of the mostattractive for bettors too. Football wagers is mostly a basic affair, as victory or draw is all youneed to predict or mention the final score. But, experienced bettors have alternative wageringoptions in this game.Bets can be placed on the quantity and timing of corner kicks and throw-ins during a match, oryou could bet on the distribution of yellow or red cards and which players receive them too. Players flock to this sport because it is complex, and it allows them to bet on the team whoseresults are forecasted with proper research. Football bettors typically use past data analysis to getthe most out of their betting processes. Due to the popularity of soccer, the majority of thebookmakers make provision for players to bet on it, making wagering processes easy. MMAGambling on MMA (mixed martial arts) events carries a lot of thrill and excitement you won’tget from football or athletics. Players feel an inexplicable level of thrill and adrenaline rushbetting on this sport, which is why they do it.The dark horse needs just one lucky shot against their rival to win a game. MMA is new to thebetting scene, which is why most players can wager on it in different ways. One of such ways isthrough crypto betting, which makes the betting process more enjoyable.While bookmakers generate their money through odds, this doesn’t bar bettors from findingexcellent MMA wagering opportunities or choosing from the variety of betting options availableto make money. One thing you could do is analyze the props to maximize your winnings. Horse RacingHorse racing has become one of the most famous sports bets globally, with millions of fanspatronizing tracks to place their wagers on their favorite horses. With Internet gamblingbecoming more prominent, horse race betting practice has changed.Most players place their bets on events like the Kentucky Derby, Preakness Stakes, and GrandNational yearly. There are several factors like the weather, the ground, and handler’s attitude thatimpacts a horse’s ability to run and win races. One easy strategy you could use to pick a horsethat wins is to perform your study, and review the most recent facts and expert’s views. BasketballBasketball gets lots of attention from players all over the world, even with the NationalBasketball Association (NBA) being one of the most popular leagues in the United States andEurope.The most common type of wager you’ll find on a basketball game is spread betting. In this betyou’ll need to forecast how much a team will score over their opponent. Predicting the margin bywhich the favorite will win against an underdog, when they’re playing an away match is one ofbasketball’s most interesting bets. TennisTennis is another sport with fans globally, and a top one for people to follow because they arefamiliar with it. Being familiar with Tennis means that players can comfortably wager on it,because they understand how the game works and which bets will come off.Furthermore, the widespread media coverage of Tennis makes it easy for players to keep up withwhich athlete is in form. Plus the buzz for this game is everywhere as there is no tennis off-season and matches are played all-year round. This also means that most bettors wager on tenniswhen other sports aren’t available. American FootballThe United States is one of the biggest sports betting countries globally, a characteristic whichcan be attributed to American Football games being featured in American culture.The American Football game is the second game that attracts most players globally, thanks to theNational Football League (NFL) and the people who bet on the US. Super Bowl games, whichare the yearly highlight of American Football. The Super Bowl attracts bettos from differentmobile sports betting platforms, and racks in lots of wagers. CricketAlthough Cricket tournaments attract a large number of bettors, it is only popular in some partsof the world. But, with its low popularity, this sport still has one of the biggest betting statistics.Cricket matches usually happen between big rivals locked in a heavily tensed build-up thatincreases the odds for bettors to back their favorites with wagers. GolfGolf is a good choice to bet on because the sport is not popular with other bettors, but it is stillexciting and pays well. In the UK especially, there are few Golf competitions to wager on, but ifyou find tournaments happening in other places, you could earn from those too. The sports we’ve mentioned in this article are among the most famous sports bettors wager on,mainly because they are easy to forecast using past data, and a straightforward betting process.

Why do people bet? Specifically, why do Nigerians bet?Sports betting is prominent in Nigeria, with Nigerians spending thousands of naira betting onsports like football and coming in large numbers to offline and online betting platforms.You see, to understand why people bet globally or why it seems very prevalent in a singlecountry, you’ll have to look at this topic in all of its entirety.This means, to consider – how they choose a bookmaker, how is spent on betting, which sports isbet on more, who is betting more in a particular location, etc.These questions and more is what this our article on Online Betting Survey 2022: UnderstandingWhy People Bet seeks to answer in clear terms. For it, we have prepared a list of the top onlinebetting statistics in Nigeria and global online betting statistics as well. Top Global Online Betting Statistics Around 1.6 billion people gamble globally, meaning 26% of the world’s population bets. 35% of the total gaming industry is made up of betting. The best bet on sporting events in the world is the world cup. In 2018, around $136billion was placed in bets on the World cup. In 2019, the estimated gambling market size was USD 53.7 billion, it is expected to growto USD 59.6 billion in 2022. The global betting industry’s estimated worth is $450bn. The UK gambling industry’s estimated worth is $18billion. In 2019, Europe dominated the online gambling market with a 41.0% share. Thisfacilitated the legalization of gambling in France, Germany, Spain, Malta, and Italy. Top countries with the highest betting losses per adult are Australia ($1,788), Singapore($1.174), Ireland ($588 ), and Canada ($568). The USA gambling industry’s estimated worth is $240 billion. The USA’s estimated global gross win is $74.39bn. In the USA, billion people gamble at least once annually. 15% of Americans gamble at least once per week. An approximate of 2-3% of Americansfit the group for gambling problems – 6 million adults and half-million teenagers. An approximate of 85% Americans gambled once in their lives, 80% gambled in theprevious year.Credit: (Bettingsites24) Top Online Betting Statistics in NigeriaThese statistics for the top online betting statistics in Nigeria , combine findings on some keyareas that influence bettor behavior and typically why people bet.We focused on areas like which age grade bet the most in Nigeria, demographic (gender), andwhy Nigerians bet. Sports betting is more prevalent with 60 million Nigerians aged 18 to 40● The 60 million Nigerians that bet the most, bet N3,000 daily.● 77% of Nigerians that bet, admit that betting and gambling are common in their localities.● The South-West geo-political zone had the most bettors in Nigeria with 95% bettors,followed by South-South 91%, and North-West with the lowest number, accounting foronly 57% of bettors.● 36% of bettors agree to actively participating in betting or having a family member whodoes. 55% bet daily, 63% bet occasionally doing so once or twice monthly, and 9% ofbettors have never won a bet.● Lagos is Nigeria’s largest gambling city, housing 1 gambling facility, 10 table games, 106games, slots, and video poker machines. Men have a higher betting rate than women ● Men are usually more passionate about sports than women, and are most likely to takerisks betting on sports.● Men bet more than women in 2021 and are predicted to do so again in the year 2022.● Female gambling has grown over the years, despite a higher number of male gamblers.Women account for over 10.6% of Nigerian internet bettors. Nigeria’s sports betting industry is predicted to grow to a worth of over $750 billion.So, who is contributing to this growing amount?● Nigerian bettors spend an estimate of N3,000 daily betting on sports.● Despite having only 3 licensed casinos in 2021, the Nigerian casino gaming industry isexpected to pull in up to $70 million.● A market study in 2018 showed that Nigeria, Kenya, and South Africa pulled in acombined sports betting market of up to $50 billion.● An estimated total of $2b is spent on sports betting in Nigeria daily. 40% of Nigerians gamble because they want quick cashA 2019 NOI Poll survey of gamblers showed that:● 30% of bettors do so for quick cash. And although this percentage grew over the years,the reason hasn’t changed.● 25% of bettors listed Nigeria’s unemployment rate of 7.8%, as the reason why theygamble on casino games.● In 2021, people gambled because of money. In 2022, the pattern was repeated.● 85% of people say they bet to increase their wealth. Gambling is prevalent in Nigeria because of access to internet betting and gambling● Up to 60% of Nigerians use the internet, a number enabled by low personal computer andmobile phone prices. ● Another factor mentioned for Nigeria’s gambling habit is the unrestricted access tointernet betting and gambling.● Many Nigerians view gambling as a mild pastime that does no harm, this is why 40% ofNigerians have gambled and 54% currently gamble daily. 26% of bettors say that timely payment of betting earnings is a major reason why theywill pick a Football prediction site● Over 14 million bet stakes and payments are made on the internet daily.● Up to 1200 offline visitors monthly, go to bet in an offline betting outlet.● Bet9ja is the second most visited prediction site for football in Nigeria and the first mostvisited online betting website.● Bet9ja’s average monthly turnover is estimated to be over $10 million, while NairaBetbrings in an average monthly turnover of $3m-$5m, a 20-30% profit margin.● Football trading accounts for over 70% of the sports betting trade.Gotten from: (Global Times NG )and (Betting Sites 24) Sports betting is the most common type of gambling in Nigeria, but casino games seem to begaining ground, thanks to more bettors finding high-quality slots on foreign sites. As bettingbecomes more normalized, both industries will experience growth.

When it comes to betting strategy, there is only one thing that really works. And the reason whythis thing works is due to factors like mathematics, facts, and probability.This reason is the same one why major betting websites like Bet365, has turned in since 2019,high profit of over 2.9 billion in annual revenue.These betting websites, will never divulge their secrets, instead they will have you looking in theall the wrong directions – it doesn’t matter if you pick a winner 8 times out of 10, spot a horsewith a good turn effort or even find a team with new up-and-coming players. All of these thingsare what the traditional media wants you to focus on, and it is completely wrong.And this is what we will prove to you in this article on developing a betting strategy that works.You see betting strategy when you know how to use it, is incredibly simple, especially when youfactor in all the tools and technologies that is now available to bettors online.So, in this article on Betting Strategy that works | Make an income betting on sports, we willexplain what makes a successful betting strategy and how you can find value for yourself. Betting Strategy: How It WorksHere, we have discussed how betting strategy works and key factors that influence it. ProbabilityAt the core of every betting strategy is probability or an implied chance as it is sometimesreferred to. Knowing the implied chance is the most accurate way to gauge if betting odds havevalue or not. And to be successful in betting, you need value to win.You see, it doesn’t matter if you choose the right horse four times out of five in a race, if youweren’t getting value the short-term results would be random distributions, but over the long termyou’ll lose.It is a fact the true payout is inline with probability. And this is how bookmakers make moreprofit, using simple mathematics. They take the probability of something happening, convert theprice into betting odds and then offer you a lower one. So, to have a successful betting strategy you must do the complete opposite as it is the only thingthat works. This leads us to the next point in this article. Identifying ValueAs a bettor, how do you identify value for your betting strategy? The first thing you need toknow is the implied chance of an outcome or true odds, as it is sometimes referred to.But, this could be a problem, as it is a complicated task, so we’ll suggest a quicker and easierway for you to do this.Just look at the betting exchanges close to the start, it’s the closet indicator to true odds you’llfind, especially when you learn to consider trading volumes.The reason why this works is simple, the wisdom of the crowds; a well-documentedphenomenon based on the law of averages. Being close to the event start is also important, as itprovides the most efficient results with a larger data sample.Although, that is only the first part as it will give you a good indication of a true price, then youwill be the one to find a bigger price on that outcome. By doing this you’ll massively increase theamount you win. The more you do this, the more you win.For example, if your selections got a 25% chance of winning, the odds should be 4.0. If you getthe 20% price even though your bet has a 25% chance of winning, over the long term there is a5% profit margin.That’s to say, if you bet 10 pounds a 4.0 over a hundred sample bets you’ve more than likelybreakeven with 25 winning bets at 40 pounds return, totaling a thousand pounds return. Which isthe same amount you staked in the first place a 100 bets at 10 pounds.If we take the same example, but add in a 5% margin, the results will be 10 pounds at 5.0 over ahundred bets, you get 25 winning bets of 50 pound return, totaling a return of 1,250 pounds.However, keep in mind that you only risked the same 1000 pounds in the previous example. Thisis 250 pounds value for you. StakingThere is more to maximising profits, and once you know the true price and find one of value,then you move to staking because that’s another part of the puzzle. The stakes must be relative tovalue. If there is a bigger margin, the stake is bigger.This is simple, like in business if you had a product with a bigger margin and the opportunitypresented itself, you should work hard to sell more of those products. Doing the opposite is not avery smart move. ChangeRemember, everything is about price, not the horse, team or player. These things are allirrelevant, the easiest way to find value is in change. Sports with fast changing odds are theeasiest way to find value.Horse and grey hound racing are good examples of this fact, specifically in the last ten minutesbefore the start of the event. Learning about what moves a price is key in this respect.Anticipating a move and being one of the first bettors to exploit price is the most reliable bettingstrategy you will ever come across. When it comes to adopting a betting strategy that works for making more income, the first thingyou don’t want to do is make decisions based on gut feeling or fancy, or even worse listen to atipster, particularly if they want you to click their link.Instead map out for yourself clear betting strategy that were formed based on reliable methodslike probability, real value, stakes, and changes, like the one we have listed out in this article.

If you didn’t already know How To Bet on MLS Games or need a brush up on your previousknowledge, this article can help.Major League Soccer popularly known as the MLS is the USA’s biggest soccer league,consisting of 28 teams who compete each season for a chance at a title.This sport is greatly patronized by bettors, as there are numerous MLS games that take placeglobally, making this league to grow in popularity too. Following the overturn of the federal banon sports betting by the US government; allowing states to legalize and regulate sports betting,legal sportsbooks can operate freely in many US states and they all offer MLS betting.The MLS is an interesting and great league to wager on, as it offers near non-stop action with its952 games per season, you’ll never run out of markets to bet on. Furthermore, with the way it isset you’d be getting lots of betting opportunities and betting markets too.Finally, for the bettor who is just starting on MLS betting or is looking to reconnect with a oncebeloved sport, this guide breaks down and builds up the essentials you should know on MLSbetting. Getting Started on MLSThe legalization of sports betting in the US, made available many sportsbooks for you to betwith. However, selecting the right sportsbook is important because it decides the types of oddsyou’ll get for different MLS games, and also the bonuses you’d be getting.Betting sites like Matchplug offer the best MLB Predictions, which is a good place to base yourconsideration. Here are other things to look for in a sportsbook: ReputationIn terms of reputation, check if the website is safe for usage, licensed, and and trusted by otherbettors. Soccer OddsOdds play a huge role on the amount of profit you can make from bets. Although smalldifferences in odds offered by bookmakers don’t seem like a big deal, it can affect your winningsif you succeed. So, check the odds on soccer before joining a sportsbook. Offers and Promotions US sportsbooks offer bonuses to new bettors which will in turn provide you with more funds tobet with. This helps you bet more but spend less, and if you utilize your bonuses massively, youcan profit from them. The Best MLS Soccer Odds?Despite being considered weaker than European leagues, MLS is growing in popularity, causingsoccer betting sites to offer more MLS betting odds to give bettors a chance to win huge amountsin cash.An online sports betting site serious about MLS, will have odds like this on display:MLS Club MoneylineNew York City FC -125Los Angeles FC +230As is with most sporting events and sportsbooks globally, soccer clubs with a minus sign in frontare the favorites, while the clubs with plus sign in front are the underdogs.These odds we sampled are displayed as American moneyline or odds, which are used mostly byNorth American clubs. Odds can also be displayed as Fractional (4/5) or Decimal (1.80) whichare used by UK bettors. Best Time to Bet on MLSMLS odds are released a week to the games, giving you enough time to scope for injuries or howteam practice is going. There are two best times to bet on the MLS.If you’re backing favorites, place your bet immediately the lines open. This is because the publicmostly supports the favorites, so the moneyline shifts accordingly.For example, if everyone supported New York City FC , then – 125 becomes -135, but placingthis bet at -125 saves you $10 and reduces the juice too. On the other hand, if you backed LosAngeles FC, +230 could shift to +240, but you don’t have to rush to the betting window for anunderdog. The second best time to bet on MLS is an hour before kickoff because this is when clubs posttheir starting lineups and formations, this gives you the advantage to see which players areinvolved in a game.How Are Bets Scored in the MLSBets in the MLS are scored on the result after regulation (full)-time, 90 minutes plus injury timeis complete. Most sportsbooks will advertise ”Full Time”.If a New York City FC vs Los Angeles FC game moves into extra time and New York City FCwins, then you didn’t win your bet. After Full Time, the game was tied so that a Draw Bet wouldwin.Note that you are only betting on 90 minutes. If the game is suspended then your bet may becanceled, read the sportsbook rules regarding bets before placing one. How to Bet on MLS MoneylineIn a moneyline bet all you need to do is pick a team to win, but in MLS there is a chance that amatch will end in a draw, this tie is represented using a third line underneath the matchup.MLS CLUB MONEYLINENew York City FC -125Los Angeles FC +230Draw +260If you backed New York with $100, your payout will be $180 which is the $100 you placed plusyour $80 winning. A bet of $100 on Los Angeles will give you a $330 payout, your $100 backand $230 winnings.Underdogs bets carry more risk and pay more, while favorites have less risk and as such won’tpay you as much. MLS Betting MarketsUnderstanding how MLS sportsbooks work and the rules governing them is one thing, knowingwhich MLS betting markets are available to you and understanding them is another. We’veexplained this part below:Totals or Over/Under Totals AKA Over/Under betting is a bet where you decide if the total number of goals scored byLos Angeles FC or New York City FC will be greater or less than the oddsmaker’s set number.Before you make your MLB Picks and Parlays, note that the average total scores in soccer is 2.0goals.Although most sportsbooks offer one line goal for games which could be Over/Under 0.5, 1, 1.5or up to 3.5,4, or 4.5 goals. If you bet $100 on Over 25. (-185) and the game ends NYCFC 2-1LAFC, you win $54.05. But if it ends NYFC 2-0 LAFC, you lose your bet.If you bet $100 on Under 2.5 Goals (+145) and the game ends with NYFC 1-1 LAFC, you win$145, but if it finishes with NYFC 3-0 LAFC you

If you’re going to start betting on fantasy sports, then you should use this complete guide tofantasy sports betting.The traditional sports industry has amassed such success and wealth for itself, that the time wasright for an alternative system of betting to be created.Fantasy sports betting exists as a form of wagering that is easy to play, without the fun beingtaken out of it. It requires little betting experience to engage in, and it gives you absolute controlover the team and players.This guide gives a step-by-step on everything there is to know about fantasy sports betting,including how it works, different sites where you can play, and how game points are awarded. What Is Fantasy Betting?Fantasy sports betting is a gambling method where you create a fantasy sports team to competewith other bettors and win money. It can be played on football, hockey, tennis, basketball,American football, and NFL.In fantasy betting, you create your own team and your players’ performance will increase ordecrease your points. Winners are determined by total points obtained, and points are acquiredfrom played performances in real-life games. How Does Fantasy Betting Work?This section covers an overview of how fantasy betting works, as well as certain concepts youneed to understand before staking on a game. Register on a trusted fantasy prediction site. Choose your preferred sport, league, and team. Gather players to form a team, based on your existing knowledge of a sport. You earn your points based on your players’ performance – assists, goals, etc. And losepoints through yellow cards, misses, etc. Competition between players happens and lasts a day, weeks, or months. The winner at the end of a contest is the team with the highest points. Best Types Of Fantasy BetsThere are several fantasy betting options you can play, below we’ve explained some of thepopular ones.Prize pool leagues – here, you pay a fee to compete in a league to win a fixed amount. You getpaid based on the position you finish on the league table.Head-to-head contest – in head-to-head contest you compete against other players to bag aunified prize.50/50 chance – larger leagues allow for a 50/50 chance. This bet gives every player at the top halfof the table double their stake, and players at the lower half of the table get nothing.Fantasy cash games – this bet ushers you into a custom-made league where the better side gets afinancial reward. While fantasy cash games are easier to understand, it offers little rewardcompared to the other bets. How Fantasy Betting Points Are AssignedYour teams and players earn points depending on the sports you choose. We’ve sampled twodifferent sports and how points are assigned for them.Basketball:Points earned –● Players getting to double-figure – you earn extra 5 points● Steal – 2.5 points● Free throw – 1 point● Three-pointers – 3 points● Assist – 1.5 points● Blocks and interceptions – 3 points● Baskets – 2 points● Rebounds – 1.2 pointsPoints lost –● Fouls – 1.5 points● Losing free throws – 1 point● Player gets sent off – 3points Football:Points earned-● Man of the match – 2 points● Assist – 3 points● Clean sheet by the keeper – 4 points● Keeper and defender scores – 5 points● Penalty saves – 5 points● Midfielder scores – 4 points● Striker scores – 2. 5 pointsPoints lost –● Yellow card -1● Red Card -3● Own goal -2 Best Fantasy Betting SitesIf you need a good prediction site where you can register and play a fantasy bet, we have listedsome below. Betcha – Betcha merges gaming with its innovative platform, it has an activity feed andoffers bettors the ability to follow friends and experts. DraftKings – offers an excellent contest selection variety and traditional tournaments,50/50s, multipliers, satellite qualifiers, head-to-head, and Fantasy World Championshipstoo. FanDuel – FanDuel is customer friendly, has great user experience, and provides goodselection for games like NFL, MLB, NBA, and NHL. Monkey Knife Fight – Monkey Knife Fight lets you choose a favorable game you canplay and enjoy. Here, players can compete against the house instead of regular play-to-player contests. Yahoo – One of the largest sites to bet on fantasy sports, Yahoo allows contests in NFL,NBA, MLB, and the NHL. What To Know Before Joining Fantasy Betting Sites Good Reputation – learn what you can about a site’s reputation before betting with them.Do they treat customer’s right and pay fast or do they have late payment or slow payoutsscandals. Good Liquidity Ratio – Fantasy betting sites without a good liquidity ratio or hugefinancial coffers might not pay your winnings if the price is too high for them. Number Of Bettors Playing – a high number of active bettors is a good indicator that afantasy betting site is successful. Plus this number makes it possible for you to contestwith other players. Good Customer Service – Any website you choose should relate well with theircustomers and solve issues speedily. Use-friendly Platform – The site should be easy to use and navigated, it shouldn’t be toocomplex or slow, and must have different options for making choices. Is Fantasy Betting Legal?On the question of whether fantasy betting is legal, you can bet easily knowing that this bettingform is legal in places like – the US, UK, Ireland, Australia, Canada, and other Europeancountries.Although it is banned in some states in the USA – Montana, Iowa, Washington, Nevada andArizona. Fantasy betting is also illegal in Quebec, Canada. How To Win In Fantasy BettingHere is how to guarantee you win in fantasy betting:Know Your Chosen Sports – It is advised that when fantasy betting, you choose a sports youalready know well and follow.Select Fit Players – Select players you know are currently in good form, and disregardinformation based on past forms and big names.Understand Risks – To know what you’ll lose or gain in fantasy betting, read thoroughly abetting site’s terms and conditions. You can also study fantasy sports betting. Learn From Winners – Learn from professionals in this industry and apply their recommendedstrategies. Fantasy Betting MisconceptionsDisregard these common fantasy betting misconceptions:Fantasy Betting Is Only

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How much do you know about Sports Betting in the UK?