As compared to table games and online slots, sports betting is a completely different game altogether. Depending on the bets that you choose, sports betting is a skill-based bet. While some people believe that it’s difficult, with a sharp eye and proper skills, you can make a living out of it. Believe it or not, but a lot of people are doing it every day and you can also earn PayPal money By betting on Games.
The first step towards this kind of betting is to join a sports book and start making the correct pick. You need to start with the game that you understand well and do extensive research going forward. If you can come up with a system that can properly predict the outcomes, then you can be a successful bettor.
When it comes to the realm of games betting, there are lots of cash to be won. Plus the betting options are incredibly a lot. For instance, hockey, football, soccer, basketball, horse racing, and boxing are just some of the games that are stake. Plus, most betting games betting sites will provide you with a betting code that will help you win a lot of money that you had never imagined.
The betting options generally range from college, amateur, professional, and semi-pro. If you are confident enough, you can stake a big fortune and end up winning a lot of money. However, just like any other gambling, the more bets you place, the more chances you have of wining huge cash.
But how can you earn PayPal money by betting on games? To start with, you need to know some of the strategies that you can use.
How to make money by betting on games
To make money by betting on games here are some of the qualities that you need to have.
Skills and attributes
When you start betting, you need to know that sports betting has very little to do with how smart and well informed you are at predicting events. Since you are competing with the bookmaker, you must be prepared. Remember, anytime you lose, bookmakers make money. It’s, therefore, very important to have the skills and attributes that are needed.
Math
Being good with the numbers is perhaps the most important skill that you should have when it comes to sports betting. Since betting involves, you must be in a position to analyze the statistical data and models that have been produced by their team of experts.
Knowledge of sports
Although sports knowledge isn’t a must for you to succeed in betting, it helps to know how particular sports works. Interest and passion in sports are also important because most of the time you are going to make a decision while watching it.
Discipline
Since gambling is an emotional process, having control over your money and emotions is vital. It’s a fact that most people don’t bet because of money anymore but rather to chase their emotions.
Staking plan
Having a staking plan is basically how you can take charge of incorrect prices. Since your goals are long term, you must have a consistent stake. However, the percentage that you decide to bet with will vary depending on your discipline.
Strategies
It’s also very important to think clear about your strategies. These plans will go a long way in boosting the rules that you’ve set hence, you have to stick to them if you don’t want to risk losing.
Ignore losses
This is probably the hardest thing to understand when it comes to betting on games. The emotions behind betting are so intense that some people feel physically sick when they lose a bet. So, the moment you take that cash and bet with it, your brain is not working properly anymore. While this is the reason why many people chase loses, this should not be the case.
Bookmakers that accept PayPal
It’s also very important to choose bookmarkers that accept PayPal as a method of deposit and withdrawal. Since most people trust PayPal to make online purchases, it’s increasingly becoming a common way to deposit and withdraw the money that you’ve won. Here is a list of the top bookmarkers that accept PayPal.
Bet365– As the biggest bookmaker currently in the market, Bet365 offers deposits and withdrawals through PayPal. They have the best racing promotion where they provide a free bet as long as you support a winner at 4/1. They also have ad –hoc loyalty bonuses and live streaming if you frequently play there.
Racebets– If you are a fan of horseracing, then it makes a lot of sense to have an account with this betting company. This is because they recently introduced PayPal as withdrawal and deposit method. Apart from offering horse racing from 40 countries worldwide, they have daily promotions that you can get online.
Betway– Betway is also among the UK betting sites that accept both PayPal deposit and withdrawal; hence, you can earn PayPal money if you bet with them. Apart from football betting, they are also making a big impact in the UK horse racing by sponsoring a huge number of horses. Plus, they sponsor the premier darts, which has been very successful.
Betfair– It actually goes without saying that every punter bettor should have a Betfair account. By having an account with them, you have an opportunity to access a world-class sports book and the biggest betting exchange. While some punters still don’t understand the benefits of using this exchange if you take some time to learn, you’ll find a lot of value in the betting market.
Paddy power– As one of the bookmakers that use PayPal as withdrawal and deposit mean you can enjoy a lot of things when you bet with them. Apart from money back offers every single day, they also have huge offers during big horse racing festivals.
How to use PayPal for betting
Classed as an eWallet, PayPal is one of the most respected and trusted financial intermediaries in the world. This means you can easily deposit money from your bank account to PayPal and also withdraw money from your PayPal account to the bank. Since it has a layer of security, it has become a very popular means of payment. To get started with PayPal, you need to move to their site and register. However, before you can access all the features, you must verify your account.
You can verify your account by either allowing PayPal to withdraw a small amount from your account or by linking your bank account to PayPal. Once you are done with the verification process, you just go to one of your favorite betting sites and click the PayPal option.
This will direct you to the PayPal page where you’ll be required to enter your email and password to confirm the transaction. Once done your betting account will be credited immediately. At the time of withdrawal, you can withdraw money to your PayPal account. This makes the whole process simple.
Most common sports betting mistakes to avoid
Overreacting on the recent trends– If a team looked great in the previous game, amateur bettors would want to bet on it simply because it’s doing well. But did you know that’s a mistake? Historically, teams coming off a win are overvalued hence may not perform as good as you expect them to.
Gamblers’ fallacy– This means that if something occurs more often in a period, it’s likely to happen less frequently in the future. Remember, every bet that you make is independent of the previous bet hence should be treated as such.
Too many plays– Although bettors enjoy betting just for the sake, it is not a good thing. As a bettor, you should stay disciplined and limit your plays to the most confident games of the day.
Having unrealistic expectations– When they first start betting, new bettors usually have unrealistic expectations. Everyone wants to win 70% of their bets and become rich overnight, but that’s not possible. A good bettor should always have realistic expectations.
Choosing your heart over your head- In most instances, public bettors lose. They not only bet with their guts but are also biased towards their betting favorites. By choosing your heart over your head, you are preparing yourself for failure.
Conclusion
Since PayPal is one of the easiest and the safest ways to deposit and withdraw money, only you need to use it. However, before you start earning PayPal money by betting on games, you need to know the best betting companies that accept PayPal. You also need to know some of the best strategies to apply to ensure that you become successful. Overall, if you have the right strategies, and choose the best company and payment method like PayPal, you’ll definitely earn
