Indians love sports and are crazy about football, cricket, badminton, etc. Sports are always fun, but you can also bet and earn money on popular sports betting exchanges.
Simply, sport betting is a form of gambling in which a punter places a ‘bet’ or ‘wager’ on the outcome of an event. They place bets on their favorite team or an individual player. Most sportsbook platforms allow live betting, as bettors can place bets during the ongoing match.
If you are thinking about how to earn from betting, you can head to SportsX9. It is a reliable Indian sports betting exchange offering a 10% sports welcome bonus up to INR 50,000. You can bet and earn through sports events provided here.
What You Need to Know about Sports Betting on SportsX9
Before getting started on how to earn on SportsX9, you must be aware of this sports betting platform, how online sports betting works, and the legality of sports betting.
Well, SportsX9 is a Curacao Gambling Authority-licensed and secure online sportsbook platform. You can bet on various sports, such as Cricket, Soccer, Tennis, IPL events, etc.
It has an interactive and user-friendly interface for playing on multiple devices. You can also play live betting and get competitive sports odds. The minimum betting amount is INR 300.
If you are new to sports betting, we will walk you through how sports betting works.
- Choose a Platform: Firstly, you must head to a licensed sportsbook platform like SportsX9. If you are curious about how to earn from betting, you must first choose your favorite sports.
- Sign-Up: You must sign up with the sportsbook provider to start betting.
- Bet and Earn: You have to bet with real money to decide upon the occurrence of the event. You can bet and earn by betting during the event or before the start of an event.
- Check Expert Views: Sports odds with greater risks will pay good rewards. You must read expert reviews before betting on your favorite player or event.
You know how to earn in betting, but you must know the sports betting laws in India.
India has a central law to protect the bettors from gambling activities. The Public Act of 1867 prohibits betting in certain gambling houses or states. There is no concrete law made for sports gambling as of now. However, the states like Sikkim, Nagaland, and Goa have relaxed laws for sports betting.
Currently, fantasy sports and gambling are regarded as the game of skill. So, bettors are allowed to play on licensed sportsbook platforms. You must check the online sports betting platform’s license and security information, and terms and conditions cited by the online sportsbook providers.
Select the Right Type of Sports Betting Market
How to earn money online betting? Well, this question must be striking in your head after reading about how online sports betting works.
Well, you can bet and earn on SportsX9 by understanding different types of bets. If you want to know how to earn on SportsX9, you can bet on games like cricket, tennis, soccer, etc.
Let us walk you through different sports betting types to help you bet and earn better.
Match Winner
Here, the bettor will bet on which team will be the match winner. For that, you must study the strong and weak points of the team on which you are betting by checking their past gaming performances.
Over/Under Bets
If you want to know how to earn money online betting, you must try the Over or Under sports bets. The sports bookmaker will set the points for the total set. You can now bet over or under the combined points. Let’s say the bet is 70 points for the match win. If you bet 60 points, it will be an Under bet. If you bet at 80 points, it will be an Over bet.
Handicap
It is also known as the Point Spreads bet. The goal of this sports bet is to predict the game’s outcome. You must account for the margins of victory. The bet is placed on the difference of the game points. You can bet on an underdog team or the favorite team.
Moneyline Bets
This bet is based on implied probability. If you want to bet and earn, this is a simple form of betting where you will bet on the Match Winner. You must check out expert predictions about the team to select an underdog or your favorite team.
Live Betting
In the live bet, you can place bets when the game has started. It is fun betting live as you can see the sports odds are always changing. When you feel the odds are great, you can bet on your favorite team or the player. You can make more specific and on-point wagers.
Pro Strategies to Maximize Profits
You can choose any of the betting types to win at sports betting. Now, you know how to earn from betting using different betting types. There are certain strategies you must acknowledge:
Bankroll Management
You must allocate only a tiny percentage of your budget when placing a sports bet. You can decide the standard bet size. No matter the win or losses, you will not go beyond your budget and call it an off if you are losing.
Value Betting
You can bet and earn by placing value bets on the games that offer positive odds. You must find the edge against the sports bookmaker or other users on the exchange while studying which odds would be better.
Live Betting
You can take advantage of in-game changes by clearly scrutinizing what your favorite team or the member you have bet upon is doing during the in-play. You can always move to the opposite team or another player if the performance is shaky. Sometimes, Underdogs can also perform better. It’s good to make a shift from favorites to underdogs.
Arbitrage Betting
If you are keen to know how to earn money online betting at a sportsbook platform, you can pick this smart betting form ‘arbitrage’. You can bet across multiple sportsbook platforms to capitalize on your income.
Taking Advantage of Bonuses & Promotions
One question that beginners may be thinking about is how to earn in betting, for that, you can take advantage of SportsX9 bonus offers. A few promotional offers include:
- 10% welcome bonus up to INR 50,000
- 2% exclusive refill bonus
You can bet and earn by placing your choicest bet types on any provided sports events on SportsX9.
Managing Risks & Avoiding Losses
You can manage potential risks in sports betting by following these quick tips.
Setting Daily or Weekly Betting Limits
You can only bet and earn religiously if you set daily or weekly betting limits. These betting limits will help prevent losses, and you will have a limit after which you must log off.
Avoid Emotional Betting
Most bettors know how to earn in betting, but one mistake they make is chasing losses. You must be practical when placing a sports bet. Never get emotionally swayed away.
Learning from Mistakes and Adjusting Strategies
You can always learn from your mistakes and define strategies to avoid losing sports bets in upcoming events. Maintain a record of your profits and losses to check where you went wrong and curate new strategies for winning.
Bet On Your Favorite Games at SportsX9 Online Platform!
Now, you can bet and earn on SportsX9 using the best betting types and strategies. You can get started with a minimum amount of INR 300. When you are comfortable with the predictions and a Pro in betting, you can bet with higher stakes.
Always make sure to read the market predictions given by our experts. This will help you make better decisions while selecting the bets and sports odds. Moreover, read the terms and conditions before signing up and gamble responsibly.
FAQs
How much money do I need to start betting?
As you are aware of how to earn in betting, you can place bets at SportsX9 with a minimum betting amount of INR 300.
Is sports betting legal in India?
Sports betting is regarded as a game of skill, so there is no particular legislation against this in India. You can bet and earn on your favorite sports by law, based in Goa, Sikkim, and Nagaland. You must check your state laws before betting on your favorite sports.
What is the safest betting strategy for beginners?
The Moneyline bet is the safest type of sports wager for beginners. You can pick your favorite team or player and bet on them. If the team or the player wins or gets the title, you will earn a profit.
How to cash out winnings without issues?
You know how to earn in betting from the above guide. You can cash out your wins by signing into your account. Follow the on-screen instructions and withdraw the amount using the payment methods provided.
You might also like to read
How To Get Started With Online Football Betting
