With the proliferation of sports betting platforms such as the official 1xBet website, many users are interested in knowing if it is really possible to make money in this industry and understand why so many players are being attracted to this activity. Here, we will explain the size of the betting market worldwide and answer this basic question.
In short, it is possible to make money with sports betting platforms such as the official 1xBet site. However, to do so, it is necessary to make a series of correct decisions, from choosing a good site to play on to adopting strategies to increase the accuracy rate of bets. In this article, we will present these issues so that you can make the best choices and win with betting, whether by obtaining constant long-term gains or by having extra income at the end of the month.
The gigantic sports betting market
It is easy to understand why so many people want to take advantage of the sports betting market. The money moved by the segment annually is impressive, and the estimated average growth rate is even higher. This growth is due to several factors, such as:
- More countries are completely legalizing sports betting activity through their own regulations
- Heavy investment in marketing by betting platforms, with many bonuses and promotions to attract customers
- New technologies are becoming established on sports betting sites
- Safer payment methods that are more suited to the reality of each country
The global sports betting market is estimated to be worth US$109 billion. If the trend of recent years continues, several studies indicate that the sector is likely to grow by around 10% per year, reaching almost US$200 billion by 2030.
So, if you want to take advantage and get involved in this activity while it is constantly growing with the improvement of platforms, it is worth paying attention to our tips to really make money from them. First, we will talk about choosing a betting company, and then we will bring you some professional strategies in the field.
How to analyze if a betting site is safe to make money
The first step to becoming a successful sports bettor is knowing how to choose a safe and reliable platform. Otherwise, you may never see the money you won. Below, we have prepared a table with all the factors you should consider when making this decision:
| Selection factor | How to analyze |
| Regulation | The bookmaker must be regulated in accordance with the legislation of your country or be licensed by a foreign body. The most famous regulatory bodies worldwide are those of Curaçao and Malta. This information can always be checked at the bottom of the betting platform. To increase reliability, you can access the agency’s website and check if the license matches the one officially reported. |
| Payment systems | Payment systems say a lot about a betting site. Not only do they offer users the convenience of instant, fee-free deposits and withdrawals, but they also indicate the type of partnership the platform has. Therefore, seeing renowned systems, such as global e-wallets, is always a good indicator of security for any gaming platform. |
| Partnerships and sponsorships | Because they are directly linked to sports, bookmakers often sponsor teams, athletes, and competitions from different championships. This is usually also stated at the bottom of the pages. The factor is simple: a large sports institution would not become a partner of an unsafe and fraudulent website. Therefore, this is a great indicator of reliability. |
| Customer service | No matter how secure they are, betting sites can have problems. So, it is essential that customer support is efficient. It should operate full-time, be available in your language, and be provided through various channels, such as email, phone calls, live chat, and social media. |
| User reviews | In any industry, user reviews say a lot about a company. Several regions have platforms specializing in reviews, but you can also research the company’s reputation on social media. However, you need to be able to discern which reviews are real and which are fabricated by other companies, as this is a common practice in an industry as competitive as sports betting. |
| Measures to encourage responsible gaming | One of the factors that attests to the legality of a bookmaker is the measures taken by the platform to encourage responsible gaming, as this is an activity that can lead to addiction if the player has that propensity. These include the possibility of self-excluding the account and limiting deposits, as well as controlling the daily playing time. This is a mandatory element for a website to obtain regulation. |
| Security protocols | The betting site must have SSL protocol, which is currently the most advanced encryption format when it comes to keeping user data secure and private. This mainly applies to payment information, so this is a crucial factor in the choice. You can easily check this by seeing if the website address begins with HTTPS and if there is a padlock symbol on the left side of the address. |
| Identity verification | All reliable bookmakers require users to verify their identity. This can be done at the time of registration or before players make their first withdrawal. Contact details (phone number and email address), photo ID, and sometimes proof of address are required for verification. This ensures that no user can impersonate you and try to take your money from the platform. |
| Game developers | Even though it is not directly related to sports betting, but rather to the online casino that is usually present on the same websites, it is important to analyze the game developers available on the platform. Once again, the logic that reliable companies only partner with other reliable companies comes into play. |
Possible strategies to win more on platforms such as the official 1xBet site
As we said, in addition to choosing a reliable platform, there are several measures that a bettor can take to win more with the platforms. Below, we have brought some tips used by experts on the subject.
Analyzing matches before betting
It is extremely important to never bet based solely on what is going through your mind. All predictions should be based on data and statistics. With the growth of the betting market, there are many tools designed exclusively to provide this data. For any sport you decide to bet on, there will be a platform specializing in its statistics.
Ideally, you should choose a betting market that is not related to the result of the sporting event. The more specific the market you choose, the more predictable it will be through data analysis, as you will be able to find patterns that will facilitate your analysis. Below, we have prepared a list of some good betting markets for the main sports available at bookmakers:
- Football – Corners, total goals, total shots on goal by each player
- Basketball – Number of rebounds, points, assists, and blocks by each player
- Tennis – Number of aces by each player, total games
- Volleyball – Number of blocks by each player
The ideal is to try betting on several markets and note which one you had the highest success rate in. Then you can focus on that market and analyze the available data more easily. You should find patterns in the data and define the predictability of the betting lines. Then compare it with the odds offered by bookmakers and check if it is a value bet.
Planning financial control
Financial control is essential for bettors, especially those who want to win in the long term. You don’t need to place dozens of bets in a single day, as with a few wins, you can achieve good daily growth in your balance.
In this planning, it is necessary to establish a standard stake, that is, the percentage of your balance that will be used in each bet. It is also necessary to adopt a minimum odds value for your bets. To illustrate, we will show how even conservative standards can be profitable in the long run.
If your standard stake is 5% of your balance and your defined odds are 1.5, that is, a relatively easy event to occur, you will have a 2.5% increase in your bankroll on each correct bet. At first, it may seem small, especially for those with smaller bankrolls. However, over time, this exponential growth will be more easily noticed.
Taking advantage of website promotions and bonuses
With fierce competition in the sports betting sector, platforms seek to offer great promotions to attract users. Thus, this is another way to make money on these websites. You can start playing with a larger balance or get access to exclusive bonuses as you remain a regular user on the platform. Here are some of the main types of promotions offered by bookmakers:
- Welcome bonus – This is when the site adds a percentage, usually 100%, to the first deposit made by a user.
- Deposit bonus – These work like welcome bonuses, with the addition of a percentage to the amount deposited. However, they are recurring and can occur every week, on a day set by the betting platforms.
- Enhanced odds – For selected sporting events, bookmakers offer odds above the market average, which can be a good way to profit more from likely betting lines.
- Accumulator bet promotions – In some cases, it is possible to increase the odds of an accumulator bet. Generally, it is possible to choose one per day to boost the odds.
- Promo code store – On some sites, the more you play, the more loyalty points you earn, which can be exchanged for betting credits.
As you have seen, it is possible to earn much more money by taking advantage of bookmakers’ promotions. So, it is worth always keeping an eye out for offers, which may be available on the platforms’ home page or sent by email. The more promotions a user can take advantage of, the higher their balance will be to place bets.
