How to Bet and Win
Placing a bet and winning are two different things in the field of gambling for the bettors. Anyone can place a bet but not many will manage to secure the winnings.
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Before making any bet or investment, it is important to define your long-term goals and what you hope to achieve. This will help you determine the level of risk you are willing to take and how much you are willing to invest.
We take a look of how to place and win a bet with your favourite bookmaker;
Research and analyze – Gather information and data about the market or industry you are interested in. This will help you make informed decisions based on facts and figures, rather than relying on intuition or gut feelings.
Diversify your portfolio – Instead of putting all your eggs in one basket, consider spreading your bets or investments across different assets or markets. This can help mitigate risks and increase your chances of success.
Set limits – Determine your entry and exit points before making any investment or bet. This will help you avoid making impulsive decisions and keep your emotions in check.
Monitor and adjust – Keep track of your progress and make adjustments as needed based on market conditions or changes in your personal goals or circumstances.
What is a Handicap Bet?
A handicap bet is a type of sports betting where the bookmaker gives a hypothetical advantage or disadvantage to one of the teams or players in order to level the playing field and create a more even betting market.
In a handicap bet, the bookmaker assigns a certain number of points or goals to the underdog team or player, while subtracting the same number of points or goals from the favorite team or player. The goal of this is to make the two sides more even, and thus make the betting more competitive.
For example, let’s say that the favorite team in a football match is Arsenal, and the underdog is Leeds United. If the bookmaker assigns a handicap of +2 goals to Leeds, this means that Arsenal would have to win the game by at least three goals to cover the spread and win the bet. If the final score is Arsenal 2, Leeds United 1, then a bet on Leeds United with a +2 handicap would be a winning bet, even though they lost the game.
Below is a screenshot from 10Bet Zambia showing markets of handicap;
Handicap bets can be a good way for bettors to get better odds on a favorite team or player, or to take advantage of an underdog’s strong performance. However, as with any form of betting, it is important to do your research, set limits and manage your risks carefully.
What does draw no bet mean?
Bookmakers in sports betting commonly offer this type of betting market called ‘draw no bet’. In this market, the bettor picks a team to win the match. If the match concludes in a draw, the bookmaker voids the bet, and returns the stake to the bettor.
For example, if a bettor places a “draw no bet” wager on a soccer match between Manchester United and Crystal Palace and selects Man United to win, and the match ends in a draw, the bettor would get his or her stake back. However, if United wins the match, the bettor would receive a payout for their winnings.
The “draw no bet” market can provide an additional layer of security for bettors who want to reduce their risk but still want to place a wager on a particular team to win.
What is a free bet?
A free bet is a type of promotion offered by bookmakers or online sports betting sites to attract new customers or retain existing ones.
Essentially, a free bet allows you to place a bet on a specific event or market without risking any of your own money. If your bet wins, you receive the winnings, but if your bet loses, you don’t lose anything because the bet was free.
We take an example of 10bet’s freebet; the bookmaker offers one of the most attractive free bonus offers in Zambia. They offer a generous 150% bonus on your first three deposits, up to a maximum of ZMW 2,000.
Which betting sites offer free bets?
Here are some betting sites in Zambia that offer free bets.
- 22Bet:
- Premier Bet
- Betway
- 1xBet
- MELbet
How to quit betting?
Quitting betting can be challenging, especially if you’ve been doing it for a long time or if you’ve developed a gambling addiction.
However, it is advisable to quit betting if it has become very frustrating or if you’ve started losing your money on betting. There are two ways of quitting betting, permanent or temporary.
If you choose to quit betting permanently, you will never participate in any related activity. However, choosing to quit temporarily means you’re just taking a short or long break.
The first step to quitting betting is admitting that you have a problem. Acknowledge that gambling is causing harm to your finances, relationships, or mental health.
Stay positive: Remember that quitting betting is a process, and it’s okay to have setbacks. Stay positive and keep reminding yourself why you’re quitting.
Remember, quitting betting is not easy, and it may take time and effort. However, with the right support and determination, it’s possible to overcome gambling addiction and live a healthy and fulfilling life.
How to cancel a bet?
Canceling a bet can vary depending on the specific bookmaker or sports betting site you are using, as well as the terms and conditions of the bet itself.
A bookmaker like betPawa, doesn’t allow clients to cancel their bets once you place, however, you might need to contact them if you placed a bet twice due to network error.
Betika allows its users to cancel bets and here is the procedure;
- Go to My Bets (bet history) and open the specific bet ID you wish to cancel, and click cancel.
- You can only cancel a bet within 15 minutes of placing it and before the game starts.
- You can only cancel 3 Bet IDs per day and this is ONLY available on SMS platform.
What is a bookie a bet?
A bookie bet, also known as a bookmaker bet or simply a book bet, is a type of bet placed with a bookmaker or betting agency. In this type of bet, the bookmaker acts as the counterparty, offering odds on the outcome of a particular event or sporting contest.
The bookmaker calculates the odds by assessing the likelihood of different outcomes, and adjusts the odds to ensure a profit margin for themselves. The bettor then places a wager on their chosen outcome, and if it is correct, they receive a payout based on the odds offered by the bookmaker.
How do you book a bet?
To book a bet is to place a wager on the outcome of an event or contest with a bookmaker or betting agency. The term “book” refers to the record of bets made by the bookmaker, and “to book a bet” means to add a new entry to this record.
Here is how you can book a bet;
Visit the official website of the bookmaker and click the menu icon on the bottom left of the bar from the homepage and then select the ‘Book a Bet’ icon in Quick Links.
Follow the instructions by reading the ‘How to ‘Book a bet’ section. If you want to load selections for a Book a bet code you know just type it into the ‘Booking code’ area below and type load.
How to place a bet via SMS?
SMS betting is a type of betting where bettors place bets through text messages on their mobile phones. SMS betting allows users to place bets on different sporting events and contests using their mobile phones, without the need for a computer or internet connection.
We take a look at betting with Betway Zambia via SMS, here are the steps;
- Dial *120*48463#
- Select option 3 – ‘Bet’
- Select your preferred league/ Top Games / Next games or search by booking code.
- Once you’ve selected your league, select which game you would like to bet on.
- Select your bet type.
- Confirm your selected Bet.
- Select 1 to Enter your Bet amount then enter your bet amount.
Which betting sites allow you to place a bet via SMS?
Does it cost money to register with a betting site?
It depends on the betting site you choose to register with. Some betting sites may require you to pay a registration fee or make a deposit to your account before you can place bets. However, many online betting sites offer free registration, meaning you don’t have to pay anything to create an account with them.
It’s important to carefully read the terms and conditions of any betting site before you sign up to understand their payment and fee policies. Additionally, you should make sure the site is reputable and licensed before providing any personal or financial information.
What is a void bet?
In sports betting, they use the term ‘void bet’ to describe a bet they deem invalid and therefore cancel.
What is an accumulator bet?
An accumulator bet, also known as an acca or a parlay, is a type of bet that combines multiple individual bets into one larger bet. To win an accumulator bet, all of the individual bets included in the bet must be correct.If a bettor gets even one individual bet wrong in the accumulator, they lose the entire bet.
What is a combination bet?
A combination bet, also known as a combo bet, is a type of bet that combines multiple individual bets on a single betting slip. Unlike an accumulator bet, a combination bet allows you to win even if one or more of the individual bets in the bet slip is incorrect.
What is BTTS?
BTTS stands for “Both Teams To Score”, and it is a type of bet that is popular in soccer and other sports. In a BTTS bet, you are betting on whether both teams in a match will score at least one goal each during the game.
If both teams score at least one goal each, the BTTS bet is successful and you win. If only one team scores or if neither team scores, the BTTS bet is not successful and you lose.
BTTS bets are popular because they offer a simple and straightforward way to bet on a soccer match, while still providing an exciting betting experience. Bookmakers often include them as options in accumulator or combination bets, and you can also place them as a single bet on a single game.
What is a jackpot?
A lottery, casino game, or betting platform offers a jackpot as a large prize or payout. People often associate the term “jackpot” with slot machines and other casino games. These games offer players a large cash prize when they hit a certain combination of symbols or numbers.
Jackpots can vary in size depending on the game and platform. Some jackpots can reach millions of dollars, while others may be smaller but still offer a significant payout. A Jackpot can also be progressive, meaning that the prize pool increases every time a player places a bet, until the jackpot is won.
How do I become a betting agent?
Becoming a betting agent can be a challenging and rewarding career. It requires knowledge, hard work, and dedication, but it can also be lucrative if done correctly.
To become a betting agent, you typically need to follow these steps:
Research the betting industry – Before becoming a betting agent, you should gain knowledge of the industry. You need to know the various types of bets, the rules and regulations of the industry, and the current trends.
Obtain necessary licenses and permits: Depending on your jurisdiction, you may need to obtain a license or permit to operate as a betting agent. Check with your local government or regulatory authority to find out the requirements.
Find a reliable betting platform: To operate as a betting agent, you will need to find a reliable betting platform to use. There are many options available, such as Betfair, Bet365, and William Hill.
Set up your business – You will need to set up your business by registering it with your local government and obtaining a tax identification number. You will also need to create a business plan and obtain funding.
Recruit clients – Once your business is up and running, you will need to recruit clients. You can do this by advertising your services and networking within the industry.
Manage your clients’ accounts – As a betting agent, you will be responsible for managing your clients’ accounts, including accepting bets, paying out winnings, and keeping accurate records.
Stay up-to-date with industry developments – To be successful as a betting agent, you need to stay up-to-date with the latest industry developments and trends. Attend industry conferences and read industry publications to stay informed.
Premier Betting Sites operate in the following places: