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  • August 07, 2022

How Betting Apps work

With traditional betting methods moving to the online world, more and more people are looking to place bets on their favourite sporting events. With the ability to check the odds, make the decision, and track the games using a mobile phone app, the demographic of betters is forever growing as the industry moves with the times. There is an abundance of great betting apps in Maryland to choose from, but there are a few key things to consider before choosing your favourite:

  • The gambling laws differ in each country and state, with online books even being illegal in some parts of the world. Before choosing an app, ensure you are familiar with the local laws and that the betting company aligns with these.
  • Some bookies offer betting cards where you pick a number of games for a bigger possible payout. These cards are usually a huge profit centre for bookies and are best avoided if you want to maximise your spending.

How to place a bet

The first thing you need to do is look at the posted lines and decide which team you want to bet on. Once you’ve picked your team, click the bet or team you want and then enter the amount you want to place on them. Most online books then take you to a confirmation screen where you verify your bet, and the money is deducted from your account. Should you win the bet, your winnings are deposited into your account, and this can be used to place further bets or withdraw into your personal bank account.

The idea behind betting apps is similar to traditional casino games that have been around for centuries. Combining traditional techniques with modern technology has made it even more accessible, cutting out the need to walk to a physical bricks-and-mortar casino as you can simply log onto your mobile phone at any time of the day.

Betting apps give you direct access to live odds from a bookmaker of your choice so once your account is up and running, you can place bets whenever you like and use the app to keep updated with the results. Most of the time, the app is completely free to download and the amount you choose to spend is up to you. By being able to use your app and online banking, the need to withdraw cash and head to your nearest casino is a huge convenience for many betters.

Different types of bets

  • Money line bets
    The most common type of bet which requires you to pick the winner of a game or match you’re betting on.
  • Point spread
    A sportsbook of your choice will pick the team to win the game and allot a certain number of points they’ll receive by winning.
  • Outright bets
    This requires you to place bets ahead of the competition and select the winner of the entire tournament, being trickier as you are unsure what to expect from the contenders.
  • Parlays and accumulators
    Used by more experienced bettors, this kind requires you to choose a string of picks as part of one wager. To win, all of your picks must be correct.