Betting Explained - How betting works

Welcome to Betspot's betting explained section, where we'll explain how betting works.

We'll start with basics and guide you to the top - until you master exchange betting.

We'll show you how to place classic bets, how to trade on a exchange and finally - how to combine those two skills to become an unbeatable player.

Even if you're already an experienced player, you'll learn a lot of new things about betting.

What do I need to know about betting?

First thing you need to know is - Sports betting is not a classic form of gambling. It is not just a game of luck, what really matters is calculation and knowledge.

It's not gambling, because you can make a pretty good prediction about possible outcome. You can't do that on a slot machine or on roulette.

With sports betting, you can follow the teams, know their injuries, motivation and suddenly you have the edge. If you make a logical prediction - "We'll see at least one goal on this football game" - this can already make you money!

You don't need to be an expert, if you simply enjoy watching sports as a hobby - you're already good to go.

We'll place real money on a certain event in a game and try to make as much as possible. How much can we make? We'll explain that in the next step.

How do I use this tutorial?

Simply follow the "online betting guide" menu from the top down. If you hover your mouse over "Online Betting Guide" section, a sub-menu will become visible.

Start with "How betting works", advance to "How betting odds work", move on to "First bet" and so on.

Once you get all the way down to "Exchange betting", you'll know all the answers to how betting works.

The last option in this menu offers live tv stream so you can watch the games on your computer.

Betspot - we'll show you how betting works. We also have lots of sports betting strategies that will give you Ideas for your own betting achievements.

Many people are making good living with sports betting and if you'd like to know more about the whole myth - you are welcome to read the tutorial from the first - to the last page. You'll see, there is no myth, there is just math and basic sports knowledge. Master your skills, get informed about a certain game and you can make money.

Ready? Let's begin with step number 1