Analysts expect that almost $1 billion will be bet on the 2010 Football World Cup during the tournament as football fans look to turn their knowledge of the beautiful game into profits in the Football World Cup betting markets. Despite the fortune that will be bet on World Cup odds, there are many more football fans who would like to bet on the tournament but feel intimidated by the prospect of using an online bookmaker and placing bets on the internet. In reality, football betting is very easy, and this simple guide to World Cup betting will show you how to get started:
1. What You Need
The first thing you need to place bets online is a reputable bookmaker. Online betting guides like Gambling-Guru.com provide in-depth reviews of top bookmakers, ensuring that you only deal with the best in the business. Look out for bookmakers located in the United Kingdom and Ireland, as these are regulated and have decades of experience in sports betting.
2. Opening an Account
Once you’ve found a quality online bookmaker, you’ll need to open an account. During the registration process you’ll be asked to provide personal details. You are not required to deposit funds while registering your account, however; some bookmakers will require you to register your credit card.
3. Depositing Funds
If you like the look and feel of your online bookmaker, you’ll want to go ahead and deposit funds into your account. The easiest way to do this is with a VISA credit card. While other credit cards also work, VISA cards are the easiest cards to use when withdrawing winnings from your account. Using a credit card will also ensure that you qualify for a free bet.
4. Free Bets
Free World Cup bets are offered to new account holders by virtually all online bookmakers. Once you have made your deposit you can earn your free bet by placing a bet. Keep in mind that the free bet you are awarded will match the value of your first bet. Once your first bet produces a result you will be awarded a free bet coupon to use on any market at any time.
5. Placing a Bet
Placing a World Cup bet is simple. Find football on the list of betting sports, select the World Cup from the sub-menu and then choose the market you would like to bet on. As a beginner it’s easiest to bet on the outcome of a match in the match betting markets.
To place a bet tick the result you expect the match to produce. Your ‘selection’ will then appear on a betting slip on your screen and you will be prompted to enter the amount you would like to bet and asked to confirm your bet.
If you’re confused about how World Cup odds work, ensure that your odds format setting is on ‘decimal’. Decimal odds are the simplest format to understand – just multiply your stake by the decimal odds to determine the total payout on a winning bet.
6. Bet Results
Your World Cup bets will be settled within minutes of a match producing a result. If your bet wins the winnings will be added to your balance. You can withdraw your funds at any time. Keep in mind that you will only be rewarded with a free bet once you have placed your first bet and the even you bet on has produced a result.
For more information visit the World Cup Betting section at Gambling-Guru.com which features betting tips, odds comparisons, free bets, live scores and more for the 2010 Fifa World Cup in South Africa.