Online Betting ™ Guide

2017 Online Sports Betting, Poker Games, Casino and Games Guide

Entries for the ‘Other Betting’ Category

How to deposit and withdraw

How to deposit at an online betting site ?

One convenience of online sportsbooks is the ability to make a deposit remotely. This eliminates the nuisance of having to visit a betting shop.

Many online sportsbooks offer a wide variety of deposit methods. The options available depend on the country of the player. Sportsbooks outside of Nevada offer Visa, MasterCard, Neteller, Paypal, Skrill and debit cards common in the local jurisdiction. Some also permit bank transfers. The deposit minimum is often just $5 or $10.

Which countries can you legally bet online: Austria, Australia, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, New Zealand, Portugal, Spain, Sweden and UK.

Nevada sportsbooks often require a player to walk into the local shop to make a deposit. The deposit minimum in Nevada is at least $50, but it is common to find books that demand $100, at least when opening an account.

William Hill offers two ways for players in Nevada to deposit without having to visit a sportsbook. There are more than 50 taverns with deposit kiosks. These operate in the same bars where Golden Gamingowns the slot route. The minimum deposit at a kiosk is $5.

William Hill also accepts PayNearMe. This is a cash transfer service similar to Western Union and MoneyGram. A player gets William Hill’s merchant information and goes to a kiosk at any of the 217 7-Eleven convenience stores. The minimum deposit is $20. The maximum is $500.

Station Casinos has a prepaid debit card. This is a carryover from its failed online Ultimate Pokerventure. Players may deposit by Visa, MasterCard, Discover or an electronic funds transfer, often referred to in the online gaming world as an eCheck. Credit card deposits will incur a cash advance fee.

How to withdraw from an online Betting Sites

Players outside the U.S. may withdraw through any method available for deposits. This includes Visa, MasterCard, Neteller, Skrill, bank transfer and local debit cards.

Nevada players must go to a sportsbook to pick up winnings. The only exception to this is the Station Casinos prepaid debit cards, which can be used at ATMs.

The fees associated with the Station Casinos prepaid debit card equal about $5 per transaction. This may make it worthwhile for these players to go to a sportsbook to pick up the cash, especially since a trip to a cash machine may be required.

 

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Sports betting FAQ

What is a straight bet?

A straight bet is where a player picks one side. It wins if that team either covers the point spread or wins outright, depending on whether a money line or point spread wager was made by the player.

What is a money line?

A money line is where a bettor picks a team or player to win a match outright. A bettor either chooses the favorite and lays money or takes the underdog and receives more money than was wagered.

What is a point spread?

A point spread is a handicap applied to a favorite. The team most likely to win lays points, while an underdog gains points. The point spread hopes to find the most likely number that a favorite is predicted to win by in a team sport. Point spreads are often found in American football and basketball. Alternative lines in hockey and baseball use point spreads on 1.5.

What is a parlay?

A parlay is a bet that includes two or more outcomes. The more teams picked, the higher the payout. All teams in a parlay must win. Ties will lower the payout by one team unless otherwise disclosed by the betting shop.

What is a teaser?

A teaser is similar to a parlay. Its payouts are lower because a bettor receives extra points to apply to each leg of the teaser. American Football teasers are typically 6, 6.5 or 7 points. Basketball teasers are normally 4, 4.5 or 5 points. A six-point football teaser on a +3 team and +7 team would become +9 and +16, respectively.

Teasers must be at least two teams. Teaser bets are accepted with as many as 10 teams, depending on the shop.

What is a pleaser?

A pleaser is a reverse teaser. This involves a player giving points away from the published line. That number is typically seven. Pleaser cards are often even where ties lose so books will try to place the lines on important numbers. Pleasers are normally available only in American football. Sportsbooks will try to place teaser lines on important numbers like 3, 7, 10 and 14. Ties lose in a pleaser.

What is a futures bet?

A futures bet is where a player makes a wager on a winner of a division, tournament or league.

Can I bet on a game that is in progress?

Many online sportsbooks accept bets on games that are in progress. This is called in-play. Most in-play bets are only accepted when a game is on commercial break. Bettors making these wagers should note that television feeds often run behind the actual event.

What is vigorish?

Vigorish, often referred to simply as vig or juice, is the price a sportsbook charges for accepting a bet.

What is the vig on a straight bet?

The vig on a straight bet of -110 is 4.5 percent.

What sports can you bet on?

If the sport exists, you can probably find a sportsbook that will take action on it. In Nevada, it may be difficult to find lines on sports outside of the U.S. that are relatively niche.

Online sportsbooks outside of the U.S. will often take bets on nearly any sports.

How old do I have to be to bet sports online?

European sports bettors must be at least 18 years of age. This is a common minimum age in many other countries. Nevada requires players to be at least 21 years of age.

Can I bet on sports on Android?

Sports betting is available on Android apps in most countries outside the U.S. and in the state of Nevada.

Can I bet on sports on an iPhone?

Most online sportsbooks outside the U.S. offer iPhone apps. Many Nevada sportsbooks also provide an iOS platform.

Can I legally bet at online sports betting sites

Most countries outside the U.S. offer legal sports betting sites. The only one available in Nevada is at Sportconnection.com. That website is operated by Station Casinos.

Are online sportsbooks legal in the United States?

Nevada is the only state where us online sports betting is legal. Sports betting websites that accept action from other states are illegal and unlicensed.

How do I deposit at legal European online and mobile sportsbooks?

European sportsbooks like Bet365 accept a variety of credit and debit cards. eWallets, which include Neteller, Skrill, Ukash and Instadebit, are also available as deposit options.

How do I deposit for Nevada online and mobile sportsbooks?

Nevada sportsbooks require bettors to deposit cash in sportsbooks with narrow exceptions. William Hill offers kiosks in more than 50 taverns in Nevada. Cash may also be deposited through PayNearMe at 217 convenience stores under the 7-Eleven flag. Station Casinos offers the Sports Connection prepaid card that accepts Visa, MasterCard, Discover and electronic checks.

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