Want to learn how to bet on Hollywoodbets? Well, here is a comprehensive guide with all the details you need to know before your betting journey.
Hollywoodbets is an online bookmaker based in South Africa that offers gambling services to punters. Placing bets on the website is simple as the website is easy to navigate and find online casino games.
Placing a Bet on Hollywoodbets
Hollywoodbets online casino offers real money sports gambling on its platform. Therefore, it is a perfect choice to pick. Below are the steps of by step guide on how to place a bet on this online casino site:
- Open a new account. Visit the Hollywoodbets online casino site and register your account.
- Make the initial deposit. You must make the first deposit before wagering on your favorite online games.
- Place an online bet. When you are ready to start betting online, you can select the games to wager on.
- Make a withdrawal of your winnings. After winning money from online betting, request a cash withdrawal from Hollywoodbets online casino.
Hollywoodbets Betting Odds
It is important for new punters at Hollywoodbets to understand the different betting odds types available. This is essential for new gamblers to know the types of to wager in what circumstances. The lower the odds, the higher the chances of winning. The betting odds available include
Fractional Odds
As the name suggests, fractional odds are denoted by fractional figures, i.e., 3/1. This implies that a bettor can receive R.3 in profit for every R.1 wagered.
Decimal Odds
Decimal odds refer to the funds won by gamblers for every amount they stake. For instance, odds of 8.00 shows that for every R.1 staked; they will get R.8.
It is calculated as Payout= Stake x Decimal Odds
American/Moneyline Odds
American odds use the minus (-) sign and plus (+) sign to signify the favorite and the underdog, e.g., -300 and +600.
Betting Types
There are different kinds of betting types that sports enthusiasts can explore. Some of them are introduced below:
Outright winner
This is the kind of betting type whereby punters can predict the tournament’s eventual winner.
Match Winner
Requires punters to predict the winner of the game
Totals
Here, gamblers can predict particular events to take place when the match is ongoing
Over/Under
Over/under allows bettors to predict the number of goals or corners taken during the game.
Handicaps
Handicap is a betting type that levels the playing field by handing a stronger team a disadvantage while giving a weaker team an advantage.
Accumulator Betting
This betting type allows you to compile various games into one large bet. Accumulator betting comes with huge risks as they have many variables. However, their odds are improved, thus producing huge profits.
Gambling Tips for Newbies
To avoid making mistakes when betting online, you should look for tips to help you win. Some of the gambling tips that new punters can follow while gambling on Hollywoodbets online casino site are as follows:
- Conduct thorough research before wagering
- Ensure you know the team’s gaming style by watching matching to prepare.
- As a beginner, do not put all your money at once. Start small to avoid losing a huge amount of money.