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A Beginners Guide To Sports Betting
Sports betting has gone from obscurity to prominence during the past four years. American pop culture’s anti-gambling stigma swiftly vanished, allowing a large, multibillion-dollar legal sports betting business to flourish.
When you consider all the different types of bets and the wide variety of sports available, placing your first sports wager can be a bit daunting. With this guide for newcomers to sports betting, we hope to clarify the process and make some of the terminology more approachable.
Which Terms are Important To Understand Sports Betting?
● Point-Spread Bet
A wager in which the winning side must win by a specified margin, or the losing team must lose by no more than the specified margin. When the NFL season kicks off, for instance, the Washington Commanders are favored by four points over the Jacksonville Jaguars. Your wager on the Commanders will be returned if they win by at least five points. You’ll take a loss if they win by three points or fewer or if they don’t win at all. If you want to wager on the Jaguars, you’ll need them to win by at least three points or cover the spread.
All wagers will be reimbursed if the Commanders beat the Jaguars by exactly four points. It’s termed a push when anything like this happens.
● Moneyline Bet
Picking a winning team in a sporting event is the simplest form of betting. The only thing that matters is who wins and who loses, regardless of the ultimate score. You’ll collect your winnings if the team you gambled on wins.
● Juice
Moneyline bets, point spread bets, and over/under total bets all incorporate the juice, which is the percentage of the winnings deducted by the bookmaker.
The Moneyline assigns a negative number to the favorite and a positive number to the underdog.
● Total
To wager on the total, or over/under, is to wager on whether or not the combined score of both teams will be greater than or less than the predetermined point spread. After the point spread, an “o” or “u” before a number indicates the over/under for the game.
How to Bet on Sports
It’s common for first-time sports bettors to feel anxious about risking their money on an uncertain outcome. The good news is that the procedure is really straightforward. You’ll get the hang of it quickly once you’ve done it a few times.
Here’s a quick rundown for those new to sports betting and want to learn the basics:
● Pick a gambling site
The first order of business is to locate a reliable online sportsbook. Fogadas is one of the best gambling sites you can prefer for your sports betting endeavors.
● Enter your name and email
You can’t begin placing bets on sporting events without first registering. It doesn’t take long at all to sign up. You’ll need to find a “Register” button (or something similar) and fill out some basic information like your name, email address, and so on.
● Track down the marketplace
This is the part most likely to puzzle you when you make your first wager. Take things slow and easy. Check out the available sports and pick one that interests you. Select the league or tournament you’re interested in by clicking on its name. Then look at the odds and markets for the team you’ve decided to back. This will become simpler the more you do it.
● Place your bet
As soon as you’ve decided on a wager, you’ll need to input the stake you’re willing to make. Before placing a bet, you can usually get an estimate of your potential winnings in the bet slip on most sites. If everything looks good, confirm your selection and sit back as your wager is processed.
You can also gamble with cryptocurrency, which is the more secure way. The steps for that are:
- Launch a digital currency wallet
- Purchase some coins
- Select a Game Server
- Place a deposit
- Find the game you wish to play in the lobby, then pick your table and bet.
- Last but not least, you should always keep an eye on the exchange rate of your local currency when gambling in cryptocurrencies.
Conclusion
Betting on sports can be a fun and potentially lucrative pastime for any sports lover. If you want to spice up your game day, try placing a bet. When done correctly, this can also yield substantial gains.
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7-Eleven selects Jackpot.com as their official lottery partner
Online Lottery Courier Service Jackpot.com Announces Exclusive Collaboration with 7-Eleven, Inc.
Jackpot.com will serve as the official lottery courier service of 7-Eleven, Inc., initially launching in Ohio and Massachusetts
Jackpot.com – the online lottery courier service that allows consumers to purchase official state lottery tickets on their phone, tablet, or computer – announced today an exclusive collaboration with 7-Eleven Inc., the largest convenience store chain in the world, to serve as their official lottery courier service.
As part of the collaboration, 7-Eleven customers in Ohio and Massachusetts will be able to sign up and play lottery games and scratchers on the Jackpot.com app or website. The program will initially be launched in over 600 7-Eleven and Speedway stores in Ohio and Massachusetts, with a special launch promotion that gives 7-Eleven customers a free lottery ticket on their first deposit by using promo code, “7Eleven”.
“We’re thrilled to work with 7-Eleven, the leading retailer of lottery tickets in the country,” said Akshay Khanna, CEO and co-founder of Jackpot.com. “Leveraging our technology and innovation, we can provide additional convenience for their customers, while adding an additional source of revenue. A true win-win relationship for all.”
By launching in Ohio and Massachusetts in 2023 and 2024, respectively, Jackpot.com aims at adding another avenue for player convenience with one of the most widely recognized brands in the convenience-retailing space. With a presence in Ohio, the nation’s seventh-largest lottery market, and Massachusetts, whose state lottery produced $1.2 billion in net profit for the Commonwealth during the 2024 fiscal year, Jackpot.com’s collaboration with 7-Eleven represents an added layer of accessibility for players.
Jackpot.com remains committed to responsible play and has significantly invested in protocols by allowing customers of legal age to set spend limits and limits on daily deposits, all while providing access to local and national responsible gambling resources, self-exclusion, self-suspension and automated notifications that offer help should problematic behavior be detected. Jackpot.com is also the only lottery courier service to launch with an iCap certification from the National Council on Problem Gambling.
To learn more, visit jackpot.com. First-time users can also download the official Jackpot.com Lottery App on the iOS or Android App Stores, where available.
eSports
The World Esports Summit 2024 Is Here!
The IESF World Esports Summit returns this December to Busan, South Korea. Hosted at the Busan Esports Arena (BRENA) from December 5-6, the Summit will bring together prominent figures from Esports, global brands, government officials, and sports executives for a deep dive into the current Esports trends, its rapid transformations, and future challenges.
This year’s theme, “Building Bridges, Not Barriers, Through the Power of Esports,” will highlight the role of Esports in uniting cultures, ideas, and industries. Under the slogan “We Empower Success,” the
Summit provides a great platform for Esports experts to engage in meaningful discussions and sessions, sharing their insights on trends and presenting forward-looking ideas for our industry.
The event, strategically timed at the close of the competitive season, presents a perfect environment for reflection on the year’s biggest events, industry shifts, and the next steps for Esports. Attendees can follow the expert’s perspectives on topics like:
- (R)Evolution in Esports
- East Meets West
- Esports Integrity: The Role of Referees
- The Rise of International Esports Competitions
- (In Korean) Korea’s Secret Sauce etc.
Also, featured at this year’s event are the IESF World Esports Training Camp and the World Esports Referee Academy.
These are very important IESF programs that are aimed at advancing the skills and professional standards of the next generation of Esports leaders.
Join us in Busan for two days designed to inspire, connect, and empower the international Esports community.
Registration for the World Esports Summit is free and open to all interested attendees.
To register, please complete our online registration form: iesf.formstack.com/forms/wes2024_participation_registration
See you in Busan!
eSports
Akhil Sarin CMO at Easygo named as key note at ICE Esports Conference
Clarion Gaming has confirmed that Akhil Sarin CMO at Easygo, the technology powerhouse behind the success of global brands Stake and Kick will headline the Esports & Games Conference (EGC) taking place on 21 January as part of the ICE Barcelona experience. As a key member of the executive team, Akhil Sarin has been instrumental in securing the high-profile partnerships that have accelerated Stake’s growth, including the Stake F1 team, UFC, Drake, and Premier League Everton FC.
Through these strategic alliances he has amplified Stake’s brand presence at the same time as creating unique, immersive player experiences, in the process setting new industry benchmarks.
Announcing the high profile speaker Will Harding, Head of Esports at Clarion Gaming said: “Securing Akhil Sarin as EGC key note at ICE Barcelona represents a remarkable opportunity for our attendees to gain invaluable insight into cutting-edge strategies in digital and influencer marketing .
“Akhil’s expertise with Stake and Kick.com embodies the forward-thinking, innovative approach that defines the digital marketing landscapes. His participation underscores the calibre of knowledge-sharing that we are committed to delivering at ICE and he is sure to both inspire our attendees and elevate their strategic perspective.”
Looking ahead to ICE Barcelona, Akhil Sarin stated: “Collaborating with Clarion Gaming at ICE Barcelona is an exciting opportunity to showcase Stake’s journey and continued focus on bold partnerships and creative marketing strategies that resonate with audiences.”
He added “The EGC is a vital platform for exchanging transformative ideas and shaping the future of gaming and entertainment. I look forward to discussing Stake’s vision and collaborating with industry leaders to inspire growth and innovation across the sector.”
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