Betting is an activity that has grown in India and across several regions globally. The global statistics on sports betting continue to validate how vast the industry has become. According to information on Statista, the betting industry recorded a revenue of over $400 billion with a prediction of more in the coming years. In some regions, over $3 billion was generated in sports betting in 2020, and globally, it constitutes about 40% of the gambling market.
There is no denying that many people in India have made a lot of money from sports betting. However, you must know that every success starts with that first bet. Here, let’s examine ten reasons why you need to place your first bet on sport.
Table of Contents
1. It all starts with the first move
One of the major reasons you should place your first bet on sport is that everything good starts with the first move. Several people are making a lot of money from sports and you can be one of them. All you need is to take that bold step and make that first move today. It may not be the best you will do, but it is a step that will be worth it in the end.
2. You have several events to bet on
Sports betting, unlike casinos, offers you a wide range of events you can choose from. You are not limited to specific games like cricket (which is common among Indians) alone. You can bet on other ongoing or upcoming sports in the future. If you’re a lover of football, you can place a wager on your favorite team. The same applies if you’re a fan of tennis, hockey, or basketball with sbobet .
3. There are several odds available
Having several games to bet on is one thing, having several odds is another. When betting on for the first time on Parimatch, you can either choose between any of the two teams to win or the number of goals to be scored. You can also choose who wins either of both halves of the game and the extent of the win. Other options available for staking include but are not limited to:
- The number of corners in a game.
- The player to score the first goal
- The exact score after each half and by full-time.
All of these options come with different odds that you can wager on.
4. You will always find an ongoing sport
The sports industry grows every year, with more sports listed and sponsored. This is a good thing for first-time bettors as it provides you with different games you can wager on. If you don’t have the patience to wait for an upcoming game, you can bet on games currently being played. Live betting has helped many people in India record many wins, you can be one of them.
5. You can stake any amount on multiple games
Another outstanding reason you should place your first bet on sports is that you don’t have to worry about your wallet. You can stake as low or high as is within your budget. However, it is important to note that what you get from a game is determined by the amount you stake and the odds for that particular game.
6. You learn after every bet placed
Many people read a lot about betting, while that is good, the best of learning happens by practice. The more you stake on games, the higher your chances of learning how to bet. You don’t learn how to bet by reading alone, you learn by betting on events starting from the first.
7. It gives you a better understanding of different games
Unless you’re a sports enthusiast, having a vast knowledge of the many sports that exist may be impossible. As a first-time bettor in India, you can learn about the top events Parimatch offers. These sports events in India include but are not limited to:
- Indian Premier League
- Football
- Basketball
- Volleyball
- Tennis
- Hockey, and others.
As a bettor, you will want to increase your winning chances, which will drive you to research and better understand the different games you want to stake on.
8. It helps you to learn different betting strategies
Staking in sports and winning regularly doesn’t happen by luck: you need a strategy for long-term success. When you place your first bet on sport, the chances are that you will be motivated to learn different strategies to help you maximize profits and minimize losses.
9. It helps you know where to keep staking.
You will not know what betting platform is the best for you until you place your first. From that move, you can better analyze odds, game types, bonuses, and promotional offers available. If you have decided to choose Parimatch, you’re guaranteed unbeatable odds, multiple betting options, and different offers that will keep you coming back again.
10. You can use your welcome bonus on your first bet
Parimatch is an Indian betting site that provides a lot of promotional offers for new bettors. One of such offers is a welcome bonus provided to new users upon registration for your first stake. With this, you don’t have to worry about not having enough money. On the Parimatch site, you can use this option on your first IPL bet, and, who knows, you might be a lucky winner of a huge sum of money.
Conclusion
You can make a lot of money as a bettor of the Indian premier league and every other game available. However, the journey to a world of wealth as a bettor starts with your first bet. Parimatch provides you with different sports while guaranteeing a fast and convenient payout system. You can place your bets on the official website or download the app for a seamless experience.