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How To Make Money Betting Online

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Making Money Online With Betting

Online gambling is a huge 400 billion dollar industry, which means there is a lot of money on the table placed by bettors across the world. How To Make Money Betting Online? It is possible to make money placing bets online in the long run, but the stats are not so motivating.

More than 90% of players today are losing money in sportsbooks, which means you just have to be better than them, recognize the value and know what are you doing all the time. It is not an easy thing to accomplish but is achievable. We have spent the last two decades playing different sportsbooks, placing different bets and betting on different sports. Here are our impressions, experience and best strategies you can take advantage of in order to make a profit every month.

UK FREE BETS OFFERS (18+, T&C's Apply, Gamble Responsibly)
BET £10 GET £30 FREE
888 sport 1 - How To Make Money Betting Online
New customers only – Minimum deposit of £10 using deposit code 30F - A qualifying bet is a ‘real money’ stake of at least £10 placed on any sports market - Minimum odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Deposit balance is available for withdrawal at any time. General deposit method & withdrawal restrictions apply
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New William Hill online customers only. Min. unit stake of £10/€10 at odds of 1/2 or greater. Only the “win” part from EW bets will count. Free bet terms, payment method & country restrictions apply. Free bets credited as 3 x £10/€10. Free bet stakes are not returned as part of the settlement of successful free bets. All Free Bets must be wagered within 30 days. T&C's Apply, 18+ Only
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Ladbrokes - How To Make Money Betting Online
18+ New UK+IRE customers. Paypal and certain deposit types and bet types excluded. Min £5 bet within 14 days of account reg at min odds 1/2 = 4 x £5 free bets. Free bets valid for 4 days on sports, stake not returned, restrictions apply. T&Cs apply.
BET £5, GET £20 FREE BETS
Coral - How To Make Money Betting Online
18+. UK+IRE only. Min first bet £5 at odds 1/2 or more. Tote and Pool excluded. Must be placed within 14 days of account reg. £20 credited as 4 x £5 free bets. Not valid with Cash Out. Free bet valid for 4 days. Free bet stake not returned. T&C's Apply, begambleaware.org
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New Customers Only. Deposit via credit/debit card and bet £5 @ odds 2.0+ within 7 days of registering; Cashed out bets excluded. Get 2x £10 free bets, valid for set types @ odds 2.0+ & a £20 casino bonus, wagered 40x to withdraw; Bonuses expire in 7 days; Geographic restrictions apply; T&C’s Apply, 18+ | begambleaware.org | Please gamble responsibly
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betway 1 - How To Make Money Betting Online
New UK & Ireland customers only. Min Deposit: £10. First deposit matched up to £30. 1 x wagering at odds of 1.75+ to unlock Free Bet. Credit Card, Debit Card & PayPal deposits only. Terms Apply | 18+
BET £10, GET £10 FREE BET
comeon 2 - How To Make Money Betting Online
18+. New UK mainland customers only. 2. You must opt-in to the £10 Free Bet promotion upon registration. 3. Minimum £10 deposit and qualifying bet required at minimum odds of 4/5 (1.8) in any sportsbook market, within 14 days of opening account. Each way bets do not qualify for this offer. 4. Min. deposit of £10 required 5. You will receive your £10 Free Bet Token within 24 hours of your qualifying bet being accepted. T&C's Apply
100% DEPOSIT BONUS UP TO £50
SportNation - How To Make Money Betting Online
New customers only. Valid once per customer. Bonus expires after 30 days. Offer expires 31.05.19. 7x turnover at 1.6 minimum odds before withdrawal. Skrill and Neteller deposits excluded. 18+ only. BeGambleAware
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betfred 1 - How To Make Money Betting Online
Only available to new customers from UK & Northern Ireland. You must stake £10 or more at single/cumulative odds of Evens (2.0) or greater on your first bet. Free bet balance of £30 credited within 48 hours of your first bet being settled. Free Bets expire after 7 days. E-Wallet restrictions apply. Game restrictions apply. Maximum 30 Free Spins on selected games. Free Spins expire after 7 days. T&C's Apply. 18+. Please Gamble Responsibly
GET £30 WELCOME BONUS
NetBet - How To Make Money Betting Online
18+ / customers will be awarded £15 in free bets and £15 in free spins for casino and vegas new customers only / freebets valid for 3 days free spins valid for 7 days T&C's Apply
BET £20, GET £40 FREE
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New customers only. Minimum deposit £10. Free bets credited, regardless of first bet outcome (win/loss), once £20+ qualifying sportsbook bet has been placed. Free bet available for use on any market. Horse racing is excluded from offer. Cashed out bets will cancel the offer. First qualifying bet only. Free bet offer will expire after 30 days. £20 Casino bonus credited next working day from first deposit and has 35x wagering requirement. 18+. UKresidents only. T&Cs Apply. Begambleaware.org
GET UP TO £100 FREE BETS
betfair 1 - How To Make Money Betting Online
New customer offer. Place 5 x £10 or more bets to receive £20 in free bets. Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. T&Cs apply.
GET £20 FREE BETS
paddy power 1 - How To Make Money Betting Online
Risk Free 20: New customers only, limited to one per person. If you’ve previously had a Paddy Power account, you will not qualify for the offer. Place your FIRST bet on any Sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £20. Only deposits made using Cards or Paypal will qualify for this promotion. T&Cs apply. Paddy's Rewards Club: Get a £10 free bet when you place 5x bets of £10+. T&Cs apply.
BET IN PLAY, TONS OF MARKETS
betsafe 1 - How To Make Money Betting Online
Huge Amounts of Live Markets On BetSafe

How Does Online Betting Work?

Time needed: 2 minutes.

How To Place Bets Online?

  1. Open a sportsbook account

    Pick one of the operators from our list and open a new betting account. All bookies in our list above are trustworthy, having a flawless reputation.

  2. Make a deposit

    Make the first deposit in order to fund the account. There are numerous payment gateways available. Just pick what suits you the most.

  3. Place bets

    Head to the sportsbook section, find your favorite sport, find an event and place the bet!

This part is dedicated to beginners to online betting, providing crucial information on how to start betting adventures online. The first thing you have to do is select a bookmaker from either our list above or from the homepage. For start, we would recommend going for some medium welcome offer in terms of value, avoiding any big first deposits. By this, you won’t have to deposit much. After the creating of an account in a sportsbook, make a deposit, claim free bets or tokens if available and head to the sports betting section.

From this point, most of the actions depend on a player and their preferences. If you enjoy placing higher stake bets on single events, just do it. Find a sport and game of your choice, make a selection and place the bet using the bet slip. However, if you prefer longshot 12-fold weekend soccer accumulators with a smaller stake, that is fine as well. Having fun while betting could also be of huge importance to see if you like a bookie or not.

Placing Wagers

To be more specific about placing bets, it’s a process of the player selecting a possible outcome with odds given by the house. Let’s say you want to back to back Manchester United to win their away game against Crystal Palace at 4/5 odds. Placing a bet on the away win with ten British pounds will net you eight pounds potential profit, or eighteen GBP as total returns. If the bet doesn’t land however, a player is losing the whole stake unless it is part of some promotion. Betting online became very simple with the progress of modern technology. So, even if you are not a PC expert don’t worry, there are plenty of guides which are easy to follow.

A Reminder – Gambling Can Be Dangerous

You will never see us recommending or advising readers to place huge stake bets on a match we feel confident about. The main rule here is to gamble what you can afford to lose, and that’s it. Online sports betting could be a source of income if used properly, but you should never solely rely on it. Quitting the standard job to become a professional bettor is probably not a good idea, at least not until you get years of good experience and winning bets. Online gambling also can cause an addiction, and there are numerous online help support channels available in the UK. Never gamble if you are feeling sad, depressed or tired. Even though you will lose money on multiple occasions, betting should be fun.

A couple of characteristics of a professional pundit are discipline and ability to avoid burnouts. Find a betting strategy which suits you the most, stick to it without exceptions and control emotions. It would be such a pity to sacrifice all hours you put in researching one match and eventually trying to follow up with another bet just out of anger the first one lost.

Interestingly, there are some reports of people getting bored after achieving a profit for several months. Doing the same thing every day can become tedious and force additional mistakes. Trying some new markets or sports in this scenario is not a bad idea, all until the stakes are low. The main goal is to win in the long term, so don’t despair after a losing streak.

Which online betting site is the best

There is no straight answer to this question, but we are happy to help with some suggestions. Once again, our first recommendation is to always claim all bonus offers possible. Why? It is simple. Even though the wagering requirements behind a majority of these are hard, it’s a free chance to place bets and win money. Even though there were scepticism and criticism in the betting community, free bets are a good thing. Test a couple of sportsbooks from our list, see which one you like the most and stay there. Here are our top three selections:

888 Sport

If you are into horse racing, 888 Sport is surely one of the best choices available for the UK nowadays. Having frequent enhanced odds, free bets, treble the odds promo and many other bonuses, 888 Sport is one of the industry leaders when it comes to sports betting. There are already millions of players already using this operator and will continue so most likely because of an amazing loyalty program. This bookie also was an official partner of Championship football teams like Nottingham Forest and Birmingham City! They do mean business.

William Hill

One of the oldest betting sites in this niche and one of the first bookies in the UK. William Hill definitely deserves to be in our top two list for a series of reasons. Besides offering a huge variety when it comes to markets and sports, they have an excellent live streaming service, covering a lot of big sports events. The only requirement is to have a positive account balance! How To Make Money Betting Online article was made to be helpful to our loyal readers.