For many years, a trip to the local bookmakers has been the most common way to place a bet but now the internet has revolutionised the UK betting industry.
As more and more people are realising the fun of betting on the outcomes of sporting matches, one off events and even reality TV shows, the UK betting industry has grown rapidly. The popularity of the internet both in the home and the workplace coupled with the ever increasing betting means that you no longer even need to leave your home in order to have a flutter, simply log on and you can bet online from your armchair!
Opening an Account
Opening an online betting account is simple. Once you have registered, you will be asked to deposit an amount of money into your account. Typically, the minimum deposit is about £10 although it may be a little higher with some bookmakers. This money is then taken from your bank account (if you used a switch card) or credit card and then shows as a positive account balance in your bookmaker account. No more money is taken from your account so it's easy to limit your losses.
Placing a Bet
Once you have deposited some money into your account, you are free to bet up to that amount on any of their markets. There is usually a minimum amount for a bet, but this is rarely more than £2 and often much less.
To place the bet simply select the event you want to bet on and then enter the stake you wish to pay. Click on a button to enter your bet, and then you will be presented with a confirmation page allowing you to confirm or cancel the bet.
Any winnings will be placed into your account, which you can withdraw whenever you like, much in the same way as you deposited it. In general, bookmakers like to give you your winnings back on the same card that you deposited.