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Top Real Money Sports Betting Sites Online

Real Money Sports Betting
A friendly sports bet that makes the loser pick up the check at the bar can make it much more interesting to watch a game. However, there is no substitute for sports betting with real money. There are countless real money sports betting sites on the Internet, and some are better than others.

We have rated all of all the Internet-based real money sportsbooks that are out there using certain determining factors. Our researchers evaluate things like sign-up bonuses, payout times, customer service, and the range of betting options that are offered. This page will provide you with everything you need to know about real money sports betting, and you can check out the list below to see the results of our research.

Our Rankings of the Best Real Money Sports Betting Sites

RANK GAMBLING SITE BONUS PRODUCT OFFERS REVIEW VISIT
1 SportsBetting.ag Logo $1,000
Football
Basketball
Soccer
Racing
READ REVIEW VISIT NOW
2 BetOnline Logo $2500
Football
Basketball
Soccer
Racing
READ REVIEW VISIT NOW
3 Bovada Logo $250
Football
Basketball
Soccer
Racing
READ REVIEW VISIT NOW
4 GTbets Logo N/A
Football
Basketball
Soccer
Racing
READ REVIEW VISIT NOW

Top Sports for Betting

The best sports for sports betting with real money will depend upon the tastes of each individual bettor. People from all countries wager on sporting events, and a punter in Great Britain may have different preferences than a sports fan in the United States. This being stated, let’s take a look at the sports that you can wager on at the majority of real money sportsbooks.

American Football

Many people in the United States would say that football is the best sports bet on, even if they enjoy other sports equally. Watching a football game with money on it is especially appealing, because each individual play is important, and the pace of the game is ideal. Every score is significant, and on the pro level, there are only 16 games a year, so each contest is extremely meaningful.

Soccer

The sport that Americans call soccer has always been football in many parts of the world. It is actually the most popular sport globally, and the FIFA World Cup generates more betting interest than any other event.

Baseball

The sport of baseball originated in the United States, and it is known as the national pastime. It has also become extremely popular in Latin American countries over recent decades. Betting on a baseball game that does not involve your favorite team can turn a hum-drum affair into an exciting clash.

Hockey

Many people enjoy betting on hockey games, and the fast pace and the hard-hitting make for some exhilarating contests. The regular season is important, but the playoffs are looked upon as the second season that really matters.

Horse Racing

The “Sport of Kings” is very popular among betting enthusiasts all around the world. In the United States, the Triple Crown series and the Breeders’ Cup are the highlights of the horse racing season. Other top races include The Royal Ascot and The Grand National in Great Britain, the Dubai World Cup, The Melbourne Cup down under, and the Prix de l’arc de Triomphe in Paris.

Handball

People play handball in many places, but is not a popular sport to bet on in most of them. However, betting on handball is huge in some European countries. There are numerous sports betting websites with a European focus that offer wagering on handball matches.

Tennis

Internet-based sportsbooks take wagers on tennis matches, and this is a great sport to watch when you have a bet on the outcome. The Grand Slam series is highly awaited by tennis fans every year, and a lot of money is wagered on the British Open, the French Open, Wimbledon, and the U.S. Open.

Darts

There are dartboards in many bars around the United States, and it is not uncommon for shooters to play for money. You don’t see odds on darts in sportsbooks the target American players, but punters in other countries do have the opportunity to bet on dart tournaments online.

Golf

A lot of people play golf, and enthusiasts are very interested in all of the major tournaments that take place around the world. Real money sports betting sites do take bets on golf, and it is a blast to root on your favorite pro golfer when there is some cash on the line.

Rugby

In Europe, most sports fans are very passionate about the sport of rugby. Online sportsbooks and brick-and-mortar betting parlors in European countries take millions of dollars in rugby bets each and every year.

Cricket

Sports betting has been widespread throughout the United Kingdom for decades, so the gambling market for sports that are particularly popular there is very well developed. Cricket is a game that is similar to baseball that was first played in England at the end of the 16th century. It is still a favorite pastime in the UK, Australia, and Canada, and fans place plenty of wagers on cricket games.

Esports

This is a relatively new option for real money betting that is based on the outcome of video games. Since Esports is an emerging sport to bet on, offerings vary depending on the sportsbook you choose.

NASCAR & Formula 1 Racing

You can bet on motor sports at real money sportsbooks. Though there may be other possibilities, they tend to focus on Formula One and NASCAR events.

How to Open a Real Money Sports Betting Account

Real money sports betting sites endeavor to make it as easy as possible for people to open accounts. Of course, the laws with regard to betting real money on sports through the Internet vary depending on the country that you live in.

If real money betting online is legal in your country, there is no problem opening a real money sports betting account. You should evaluate the real money sportsbooks that focus on the sports that you like to wager on and assess their deposit and payment policies.

Once you identify the site that checks all the boxes, you simply enter your information and establish an account. You should definitely make sure that you utilize a very strong password to protect yourself. After the account has been established, depositing money is the next step. There are number different possibilities, and the options that are available are consistent across the board for most real money sportsbooks.

Credit card deposits are available at the majority of real money sports betting sites. It is also possible to transfer money into your account through the utilization of a wire service like Western Union. Some sites that offer sports betting with real money will accept check deposits as well. Bitcoin is a relatively new phenomenon that most sites accept, and many people think that cryptocurrency is ideal for online sports betting.

Types of Real Money Sports Bets

Point Spread Bets

For some sports, like American football and basketball, there are point spreads. To provide an example, let’s say that a real money sports betting site sets a line of Packers -7 over the Detroit Lions. If you bet on the Packers, you are essentially losing 7-0 when the game starts.

In order to win the bet, the Packers have to win by at least eight points. If they win by exactly 7, it is a “push,” and you simply get your original bet back. Sites that offer sports betting with real money on hockey games call the bet with a spread the “puck line.”

Money Line Bets

With a money line bet, there is no point spread. You are a winner if you pick the team that emerges victorious, regardless of the score. However, you will get less than even money if you bet on the team that is favored to win.

For example, if a football team is a seven point favorite, the money line would be approximately -370. This means that you would have to bet $370 to win $100. On the other side of the equation, the odds on the seven point underdog would be +285. You would win $285 if you bet on the dog and the team upsets the favorite.

Fractional Odds Betting

In the United Kingdom and other places in Europe, the real money sports betting sites use fractional odds. This approach is also used for horse race betting around the world. It is essentially self-explanatory: a fraction is used to set the odds.

If you make a bet at odds of 2/1, you would win two dollars for every dollar that you bet, and you would get your original wager back. So a $2 winning wager on a horse that went off at 2/1 would pay back a total of $6.

There are also “odds-on” wagers with reverse fractions. If you bet a pony that’s 1/5, you would win a dollar if you make a $5 wager.

Futures Bets

A futures bet is a wager on a long-term outcome, like the winner of the Super Bowl, the FIFA World Cup, or the World Series. Unlike a contest between two participants, there are many different potential winners, and the odds reflect this dynamic. On a more compact scale, this is the form of wagering that is offered for golf tournaments, car races, and other events that have numerous individual competitors.

Betting on Totals

Totals wagering is another option on real money betting sites. The bookmakers set the odds based on an estimate of the total points, runs, or goals that will be scored by both teams.

You can bet the over or the under, and in most cases, the money line odds are the same for both. However, there can be slight adjustments to balance action when necessary.

Parlay Bets

In addition to straight bets on a single side, parlay bets are also available on sites that offer sports betting with real money. A parlay is a wager that couples multiple different sides and/or totals. The more teams you have, the higher the payout will be if you win.

Teasers

A teaser is another multi-team wager that is common for American football and basketball point spread betting. When you bet a teaser, you get extra points added to or subtracted from the spread. There are typically three different options available for football: 6 point teasers, 6.5 point teasers, and 7 point teasers.

For basketball, they start at four points, and the maximum is variable depending upon the rules of each respective real money betting site. Once again, the payouts are based on the number of teams that you have on your teaser.

Bankroll Management

Many people that place wagers at real money sport books online do so because they are passionate about the sports that they enjoy. They know a great deal about them and they spend a lot of time staying informed. These individuals do their research, and they make intelligent, calculated wagers.

Unfortunately, many of the same people do not understand the importance of bankroll management. If you are serious about sports betting with real money, you should set aside a bankroll that is totally devoted to your gaming efforts. When you do this, you know exactly where you stand at all times, and you can use the size of your bankroll to measure the appropriate betting increments. The flat-betting approach is widely considered to be the most effective bankroll management strategy.

Before we get into it, we should make a statement about parlays. It is tempting to couple multiple teams in an effort to turn a little bit of money into a lot. However, even if you are a very good handicapper, you will only pick the winner a little more than half of the time. If you make two straight bets and you win one and lose one, you only lose the vigorish. (This is the amount that the house takes off the top of each bet.)

On the other hand, if you play a parlay with these two teams, you surrender the whole enchilada. This will add up considerably over the course of the season, so most professional handicappers will advise against parlays. The same thing is true of teasers, but to a lesser extent, because you have the advantage of the favorable betting lines.

Getting back to the flat-betting money management strategy, it involves making nothing but straight bets and wagering the exact same increment on every contest. The amount that you bet should be somewhere between 1% and 5% of your total bankroll. So, if you decide on 4% as your base wager, and your bankroll is $1000, you would bet $40 on all of your picks consistently. If this does not sound like enough, if you are successful over time, your bankroll will grow. If it reaches $1500, your base wager would be $60, and this upward spiraling would continue if things go well.