Guide to Sports Betting

Guide to Sports Betting

2026 Educational Guide to Online Sports Betting

Every day, people around the globe bet millions of dollars on sports. No matter which game a fan loves most, there is somewhere to bet on the outcome. In fact, the sports betting industry keeps growing every year. As a result, more and more sportsbook sites keep appearing to handle all the action.

With the NFL season around the corner, betting action will grow even more. Whether you bet big or small, often or rarely, you can find the right online betting site at newbettingsites.com. Our recommended sites offer a wide range of promotions and many different types of bets. In addition, many now let you bet easily from any phone or mobile device, and even bet live during the game.

How to Choose the Best Sports Betting Site

To find a top-quality sports betting site, you need to consider several things. First, start with our list of recommended sites. We chose them because they are open to the most players, pay out generously and use the highest security standards.

Rank Betting Sites Sign Up Bonus Sports Casino Poker Get Started
#1 BetOnline logo
review page
50% up to $1,000 Yes Yes Yes
#2 MyBookie logo
review page
100% up to $1,000 Yes Yes No
#3 BetNow logo
review page
150% up to $300 Yes Yes No
Rank Get Started
#1
BetOnline logo
review page
50% up to $1,000
Yes CASINO Yes SPORTS Yes POKER
#2
MyBookie logo
review page
100% up to $1,000
Yes CASINO Yes SPORTS No POKER
#3
BetNow logo
review page
150% up to $300
Yes CASINO Yes SPORTS No POKER

1. Security

Security is the first thing to look for in any online sports betting site. Ideally, choose a well-established site with positive reviews and a strong track record. Above all, it must collect and store your personal information, and every transaction, completely securely.

2. Betting Options

Next, check whether the site offers the bets you want. For example, does it take parlay bets? Can you place a teaser bet, and if so, with how many teams? Also, what are the minimum and maximum bets?

3. Odds and Payouts

Finally, find out how generous the odds and payouts are. Compare the odds across sites to see which gives you the best value and the best chance of big payouts. In short, check all three of these points before you choose a sports betting site.

In many cases, bettors join more than one sportsbook, because different sites have different strengths. For example, one may specialize in football, while you also enjoy betting on college basketball. Using several sites also lets you compare odds and payouts for every game you bet on.

Recommended Sports Betting Sites

Sportsbooks and betting sites vary in their focus, the countries they serve and the sports they cover. Even so, we recommend the following as one of the best.

Bovada logo

Bovada.lv is our pick if you want to bet in the USA. Read our review to learn more about its sports, deposit and payment options, bonuses and promotions.

Sporting Events You Can Bet On

Once you have chosen your sportsbook, it’s time to pick an event to bet on. You can search the site by sport. Alternatively, select an event below to see the best betting sites for it.

MLB logo - baseball betting
NHL logo - hockey betting
NBA logo - basketball betting
NFL logo - football betting

Important Betting Information

Betting on sports is growing in popularity around the world, despite some pushback from sports organizations. Because so much money is at stake, some people are tempted to influence results. As a result, scandals break out when players, coaches, referees or owners try to fix games.

Even so, sports betting keeps growing. After all, fans with money on the line often become more interested in the game. In turn, this extra interest makes every type of event more popular.

How to Place Bets Online

Online sports betting makes gambling easy and accessible for anyone who wants to take part. In the United States, sports betting is still illegal in many areas, so online options are often the only way to play. Simply put, nothing beats the convenience and entertainment of online sports betting.

American betting odds example

First, choose the sportsbooks that best suit your needs and interests. Then, open a free account with each one. The process is similar on every site: just follow the steps and enter your details.

Next, make a deposit. Most sites offer several payment methods for any amount. For example, these may include credit cards, online payment processors and even direct bank transfers.

Different Types of Wagers

There are three main odds formats for sports betting.

Decimal odds example

American odds are the most common. They are written as, for example, +200 or -200. A minus number shows how much you must bet to win $100. In contrast, a plus number shows how much you win on a $100 bet. A bet at +100 is called an even money bet, so you bet $100 to win $100.

  • Decimal Odds

With decimal odds, 2.00 means an even money bet. Teams priced below 2.00 are the favorites, while teams priced above 2.00 are the underdogs.

Fractional odds example
  • Fractional Odds

Fractional odds are used mainly in the UK. Even money is 1/1. Each team gets its own fraction, such as Team A 2/1 and Team B 2/5.

Sports Betting Site Rating Tips

When choosing the best online betting site, always check for generous odds, plenty of betting options and strong security. Also, read online reviews and do your research to see which sites players like most. In addition, look for a large selection of games, many types of bets, quick payouts and easy deposits.

Once you have covered the basics, look for extras that make betting more fun. For example, many sites now offer mobile betting and live in-game betting. Finally, if you bet often, VIP bonuses and perks may also interest you.

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Top Betting Sites
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New customers only. 18+. Minimum deposit $10. Additional T&Cs apply.
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New customers only. 18+. Minimum deposit $10. Additional T&Cs apply.