OT: Best site for first time gamblers?
I've decided to finally put down some real money on Michigan this season, outside of the $5 friendly bets and such. My question is what is the best site to use for security and ease of getting paid? A friend suggested bovado but I figured there would be a good wealth of knowledge on the subject here. Thanks!
Your friend had a good suggestion. I would add that the site you reference is getting more popular as it has very soft poker tables so it may draw the attention of those that seize (i.e, steal) player funds in the future.
Headed to Vegas in 3 weeks. I figure putting $10 down on a Michigan National Championship for 85/1 odds is worth it.
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You lay that bet down in downtown Vegas . You won't find that good of odds on the strip. . I was there a few weeks ago
I've heard good things about 5dimes, but have not used them myself. I've had an account at sbgglobal for a few years and its good for the occassional bet.
I've used Bovada. It's not bad, but I like 5Dimes better.
Isnt it hard to fund those accounts due to federal anti-online gambling laws (and credit card companies therefore declining the transaction)?
August 2nd, 2015 at 11:06 AM ^
They have a Visa processor. I've never had an issue using my Visa CC. You can even get free payouts once a month. I know Bovada will send checks, but I think there was a fee. 5Dimes gives you like 1 free payout a month.
I'd be interested in putting in $50-100 in with someone to bet on Michigan games and maybe other various games. If someone has an account or is making one, I'd be willing to pitch in if we figured a way to make it work.
Are gambling sites legal?
It's not illegal for you to place bets. US banks are not allowed to (knowingly) process transactions from offshore gambling sites. It just makes it a bit more of a hassle to get money on and off the sites, that's all.
August 2nd, 2015 at 11:09 AM ^
Yeah, I've never had a problem. You get a check from another country, but they're legit. Sometimes my bank will charge me $5 for an "international transaction" or something along those lines. 5Dimes will send it via Western Union.
I just took Michigan +5.5 vs Utah for $100. Hopefully we win.
Rule one: Don't bet on your team.
August 2nd, 2015 at 11:10 AM ^
That's the truth. Emotional betting skews your logic.
August 2nd, 2015 at 12:01 PM ^
^ rule 1 is the MOST IMPORTANT rule to follow to be a successful gambler.
If ya just wanna put a little action on us to put some skin in the game, then have at it. But if you have love for a team just enjoy watching them play, because you can never objectively assess them, and that's the key to (successful) gambling.
Betting on your favorite team is very risky; however I still think it's a good idea if one is able to think as close to neutral as possible, the superior knowledge you have of your team will outweigh a bias. For example last year uofm was only a very small favorite against Indiana, I took that bet and won. You just gotta be brutally honest when betting on your favorite team.
Don't be a wimp! Take'em moneyline like me!
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dontgamble.com
I can take your money, i mean bets...Whats your credit card number?
I'll put my dad hat on. If by real money you mean money you're prepared to lose, then go for it. I always take the attitude that money used for gambling is an entertainment expense--that is, I don't expect a return on it anymore than I do for any other money I spend. The casual gambler going in expecting to come out ahead generally doesn't understand statistics or odds very well.
the mind reels with possibilities to finish that sentence.
Dont gamble, INVEST!
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August 2nd, 2015 at 11:13 AM ^
I wish betting was legal. It's similar to the stock market in a lot of ways. It's just a different area of expertise. I definitely invest way more time following the trends and information in sports than with businesses and the economy.
You do realize Vegas has the odds, and the sports books make money hand over fist. Stocks are based on performance, and not someone setting a line to push. If you bet 10k on teams over twenty years you are mathematically doomed. Vegas has professionals and the push. If you do the same with even poor stocks you will come out ahead, or at least not lose everything, and that accounts for inflation.
I don't think sports betting is very similar to stock investment... Especially when you start talking about investing in mutual funds.
I guess day-trading might be similar to sports betting.
I don't think sports betting is very similar to stock investment... Especially when you start talking about investing in mutual funds.
I guess day-trading might be similar to sports betting.
Betting on Michigan is a slippery slope. If you're gonna bet on sports do it with your head not you're heart.
Spend it on booze and women instead.
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August 2nd, 2015 at 10:53 AM ^
A thought I had but not clever enough to think of it that fast.
August 2nd, 2015 at 11:00 AM ^
Is a good site for beginners.
August 2nd, 2015 at 11:29 AM ^
I've decided to finally put down some real money on Michigan this season,outside of the $5 friendly bets and such
Are you sure this is a good idea?
Yeah, I already have a small gambling fund, 10 or so a week on scratch offs, I just stopped that a couple months ago and decided to get a little better odds for my money this season and bet on Michigan instead. :)
I always expect to lose what I bet and I'm already on a high or low if they win or lose, this just adds to it a bit and what better year to do it than when odds are being made mostly on Michigan's record last year without Harbaugh?
Also thanks for all the info everyone, much appreciated!
You want highs and lows? Do cocaine. It's cheaper. Slightly.
I like topbet.They have free tournaments daily, free big tournaments, good bonuses, and payouts around a week from request. Plus I think their site is easy to navigate.
Surprised nobody had mentioned it yet
If I was a betting man, and I don't bet, I would bet on the 49ers possibly going 0-16 this year. Should get some good odds on that and you would have cosmic karma on your side.
Bookmaker.eu is BY FAR the best site out there to bet online. They've been around close to 20 years now and I've never heard of anything shady ever involving them.
I would put it a tie with BM and Pinnacle (who don't take U.S. bettors nowadays) as being the top 2 places in the world to place a bet and that also includes betting in Las Vegas also. They have the highest limits, best options, always pay, best odds/juice.
The most important thing though is they put out the opening football numbers on Sunday meaning you can take a stab at a game when the betting markets are at their softest.
If you recognize good line value you will have some bets in pocket where your team is +4 for example and they may open up only +3 when all of the other sportsooks start to post their numbers a few hours after BM's openers have been hit. Those extra points make a huge difference over the long haul.
Most watchdog sites will say places like Bookmaker plus:
bet dsi
bet 365
bet online
heritage
5 Dimes
Call and make sure they still take U.s customers but I think all still do.