Sportsbook BilBet: sports betting in India
Nowadays among Indian players there are some users who manage to keep winning in online sports betting on a regular basis. Naturally, not all of their bets are successful, but thanks to their experience and smart choice of online betting games, they manage to earn a consistent income. It is very important for novice bettors to understand the principle of the betting sites, in order not to make common mistakes and not to end up being part of those 90% of players who are only losing money.
Online sports betting at Bilbet opens to millions of Indian users a unique opportunity to win a good prize and get a massive dose of adrenaline. Despite its comparatively young age, the company has already gained popularity among Indian bettors, thanks to a wide range of sports events, favorable odds and a high level of reliability.
Sportsbook bonuses and promotions
To attract attention in a packed marketplace, online betting websites offer many bonuses and promotions. These can be one-time or regular deals, as well as a variety of unusual promotional offers. Here are some of the most common ones:
- No-deposit bets: this is usually a small free bet that is most often given out just for registering.
- Risk-free bets allow you to make your first bet without taking any risk. If the bet loses, you'll get that amount back, but you'll have to wager it on the website.
- The Deposit Bonus allows you to increase your initial deposit up to a certain amount and is a good bankroll booster.
- Increased odds: bookies sometimes increase the odds of certain bets in favor of players.
Mobile sportsbook
Betting apps introduce a new way for Indian players to bet on a variety of their favorite sports with just one finger tap. Another great advantage of mobile online betting is the fact that players can make quick withdrawals and manage their accounts from wherever they are. Every bookmaker has its own version of a betting app with unique features, and Bilbet is no exception. In its app you will find everything you need for convenient sports betting in India.
Betting exchange in India
A betting exchange is an online platform where players can bet on sporting events against each other personally. Managers of these websites earn money by charging a commission on winnings, not on margins. This makes it possible to offer quite compelling odds: the final income for bettors is not less than what online betting at good bookmaker houses brings.
The main difference between a betting exchange site and a classic bookmaker is the fact that the player is making a bet with another bettor, not with a bookmaker. By betting on a match in a bookmaker's office, the bettor is competing with the bookmaker; but betting on the exchange is a contest between two people.
Unlike typical betting shops, exchange services do not include margins in their odds. On betting exchange sites players have the opportunity to choose a rate of the desired sporting event by themselves and offer another user to make a bet "for" or "against" on this outcome. In the process of making a deal, clients can make trades, coming to a compromise. Trading between the players occurs when one of the sides is not satisfied with the conditions of the deal.
When using a betting exchange it is possible to bet on popular sports and popular tournaments that have good marketability. Problems with betting on an event from an exotic championship or a little-known sport occur regularly. In such cases, the bettor is unable to make a deal at good odds.
Professional players regularly withdraw profits from the gaps, which are present in the lines of betting companies. It is not always the case that the bookmaker has time to react quickly to the incorrect odds. The opportunity to take advantage of market gaps is impossible in exchanges or satta bazaars, where it is not possible to withdraw profits, because of your opponent's carelessness.
Experienced betting exchange players are now actively using special bots. These programs perform automatic trading in the market, actually engaged in speculation and adjusting the line in their favor.
As mentioned above, every win at the exchange is taxable. For the most active betting participants, this fee will be 2%. Beginners and players with no experience, will have to contribute from 3 to 5%. In contrast to online betting shops, which can pay out money in the shortest possible time, the withdrawal of money from the account in the exchange can take a while.
Types of bets on betting exchange sites
A “back” bet is an analogue of a single in a betting shop. To bet, find the desired match and offer in the list. If you are not satisfied with the odds, adjust the pending order, which will be automatically executed when the odds increase or decrease.
A "lays" bet. The point of this bet is to identify the outcome that will not play. Simply put, the player turns into a sports bettor and must accurately predict the event, which will certainly not happen.
Specialized sports betting platforms offer a number of advantages over betting shops. The player gets unlimited opportunities to choose high odds, which are not imposed by margin. However, players have to sacrifice the commission and the lack of opportunity to bet on low-value events and a large number of unranked tournaments.
Using such resources for online sports betting is more suitable for professionals. Beginners and players with no experience will find it difficult at first to use exchange services for a profitable game.
On the contrary, if you have just started your career in online betting, visit the Bilbet website, because it is so user friendly and you can always find a lot of events and a wide line. And after you get the idea of betting, you can try playing on the betting exchanges or play a bazaar satta game.
Additional criteria for selecting a sportsbook
The presence of a license is an important indicator, but there are other selection parameters:
- Reputation of the office. Reviews on specialized resources will help you determine the reputation of the company. If the sportsbook has recently started its work, it is better not to wait with the registration process.
- Width of lines. The number of sporting events on which you can bet depends on this parameter.
- Odds ratio. The profit obtained in a bookmaker's office will depend on the size of the odds.
- Number of supported currencies.
- Speed of withdrawal. Some sports betting sites in India can delay the withdrawal up to several days.
The principles and rules of online sports betting for each sporting event are approximately identical. But, nevertheless, each sport has its own competitive features and, consequently, the rules of successful betting for them may differ considerably.
For players who are just starting their career in sports betting, the choice of sports to bet on is one of the most important decisions. It is not recommended to play several sports at once: master one of them, and based on the accumulated experience, include new areas of sports in your betting.
Summary
We recommend you to follow a few simple rules that will allow you to make a stable profit from your deals:
Right perception. Betting activity should bring the user not only satisfaction, but money as well. Consider online sports betting as a job: spend a reasonable amount of time analyzing the matches, search for factors that can affect one or another game. Perceive betting not as a way to have fun and increase your emotions, but as a job, which brings profit to you and not to the bookmaker.
Control your money. Beginners should understand that they have to make a bet only for the sum, that they don't mind losing. That means you need to use only those funds which are available. Analyze each victory and each defeat, if you seriously intend to master such a difficult activity as betting on sports. Keep a record of lost and won bets, to determine the statistics of the passage of your bets.
Work with information. If a player knows how to get complete information about online betting games and knows how to analyze it, he will already be halfway to making a profit on the distance. When choosing an outcome, it is necessary to consider statistical indicators, players' motivation, the optimal lineup, the importance of the match and many other things that can affect the result. In terms of mathematics, the advantage is on the side of the online sportsbook, but there is a small percentage of players who manage to get a stable profit from the distance in the offices, even taking into account the large margin.
Proper choice of events. It is important not only to be able to choose the appropriate events to choose the best outcome, but also the time when the betting will be most profitable. As soon as the match appears in betting lines, the betting company puts the highest quotes. It is necessary to have enough time to bet, before other bettors start betting as well. The more bets are made on the outcome, the lower the odds will be on it.