Best bookmaker overview

If you are interested in sports betting and odds comparison, then of course you can not get around the online bookmakers.

This was already the case in the past when there was no internet yet. But nowadays betting process and getting started has become much easier and more convenient. Thanks to the many online betting shops, you can place bets on the most popular sports and tournaments worldwide from everywhere. The offer of sports betting is really huge nowadays. Many of the big betting shops offer dozens of sports, different bets and online slots at the same time. In order not to lose the overview we have compiled some basic facts about bookmakers for you. If bookmakers are still new to you and you want to learn more about this topic, then read on. We explain everything you need to know about sports betting and online bookmakers. We also give some tips on betting and which of the online betting sites have the best offers for players.

What is a bookmaker?

The term bookmaker actually comes from English and is a direct translation of "bookmaker" or even "bookie" as you sometimes hear it in American movies. In the past, bookmakers lived up to their name and really kept records of the various bets made. Nowadays, of course, this process is a bit easier and digital - not only with online bookmakers. The job of a bookmaker is to take bets and then distribute the winnings accordingly if the players' tips are correct. Many of the major bookmakers offer players not only access to odds comparison, but also have many different games in the offer. Therefore, on the Internet it is not uncommon to encounter a combination of a casino online and betting office. Finally, sports betting is by definition also gambling. The people who place bets, just like with slots, have no influence on how the event they bet on will ultimately turn out.

Online bookmaker tips

Players, of course, always look for the best bets and try to find good tips. One of the best sports betting tips is that the highest betting odds are not always necessarily the best option for gamblers. Meanwhile, many players focus only on the most popular sports and the associated top league. For example, many German soccer fans often look only at the first Bundesliga. However, especially for sports betting, the lower leagues are also very interesting. If you are very knowledgeable about a particular sport, you can find good odds and winning opportunities with a betting provider. We also recommend players to try system bets or other types of bets. For example, with most major bookmakers in soccer you can also bet on yellow and red cards, the number of goals or corner kicks. With a good eye and a lot of knowledge about the sport, you can find good bookmakers and very interesting betting opportunities.

How bookmakers calculate their odds?

When betting on sports for the first time, the different odds can be a bit confusing. The bookmakers are generally responsible for the creation of the odds. In general, odds are an estimation of how likely a certain scenario is in the event that is being bet on. Online odds comparison with high winnings are very unlikely scenarios, so for example, a victory of a glaring outsider. Betting on the outcome that is most likely usually yields the smallest winnings.

Most bookmakers online in Germany first create a fair odds for this purpose. However, this odds would not bring any profit to the bookmaker, because all the money of the losers would have to be paid to the winners. Therefore, after the fair odds, the real odds are determined. These odds usually change the closer you get to the sporting event. The online bookmaker can thus limit the overall risk and react to any changes in the initial situation.

We are the best bookmakers?

Thanks to the growing interest in gambling, there are also more and more bookmakers. But each bookmaker offers players a slightly different offer. In order not to lose the overview, we have taken a look at some of these offers. Among the best bookmakers are 888Sport, bet365, NEO.bet and Betway. Each of these bookmakers received a very high rating from players and independent online experts. 888sport not only offers players 35 different sports, but also has stable and high odds. One of the best online betting agencies with the most interesting bonus is betway. Furthermore, 888Sport also has a toll-free customer service that is available to players around the clock. This online bookmaker offers a very strong deposit bonus of up to $150 on the first three deposits. In addition, Betway also offers a lot of live betting and other promotions.

Best bookmakers for sports betting 2021

How to become a bookmaker?

Many players who have been active with betting sites for a long time and are well versed with the process are often interested in becoming an online bookmaker themselves. Of course, this idea sounds very attractive at first, as you can potentially collect very high profits. However, it is not very easy to become a bookmaker. Even if you have the necessary knowledge and experience, first and foremost you need the appropriate licenses to be allowed to offer bets. There are also some financial aspects to consider, because after all you are trading with a lot of real money in this business. However, there is another option. If you don't have the resources to offer your own sports betting, you can always become an online bookmaker with one of the well-known companies. For this, one must have a great knowledge of many sports and excellent mathematical skills before it is worth applying to a relevant provider.

Conclusion

Online bookmakers have gained great popularity in Germany in recent years. Thanks to the various online bookmakers, the process is very fast and very easy to manage even for beginners. As a player you don't have to worry about the security either. Finally, these casinos are regulated with sports betting and online betting agencies & are strictly monitored. Players can enjoy a wide range of sports to choose from. In addition, many bookmakers also allow bets to be made for the different leagues in the sport. This is advantageous for players who generally have a great knowledge of sports. The best bookmakers are definitely here to stay when it comes to online sports betting. We can only recommend it to any avid sports fan to check out online betting sites so that they can use the know-how for potential profits. In addition, many online bookmakers welcome new players with great offers.

Joel Moore

I have over 12 years of journalism experience - including reviews of the best casinos. For the past few years. I've been interested in human psychology and behavioral factors. This knowledge now helps to better understand casino players.