Betting can be a hugely profitable way of increasing your money. It is one of the oldest forms of gambling that exists, and even hundreds of years ago, people were putting odds on the outcomes for various sporting events. Although much has changed in this time, there are still many things that remain the same.
Ultimately, betting is about putting your money on what you believe to be most likely – whether that is who scores the first goal, which people make the team, who wins in the first or second half, how many goals are scored, what the final score will be, who will be man of the match, and so forth. If your prediction is correct, then you will have won and your return will be whatever the odds were at the time of placing your bet. If it isn’t, then you lose the bet and all the money you put on it.
Sports betting the world over is straight forward and transcends language barriers and cultures. It is especially popular in Europe, and is becoming increasingly popular in Denmark, Sweden and Norway.
If you’re new to sports betting, then an ultimate guide is exactly what you need for getting started. There’s plenty to learn. Having a basic knowledge will help you to maximise your winning potential, and ensure you quickly gain momentum.
Why Bet On Sports?
There are plenty of reasons for why you should participate in sports betting in Denmark. Arguably the greatest reason is because of the fun it adds to a game. It can help to add adrenaline to what you’re watching, as the potential for a return can see you winning a great deal for doing very little – other than making a stellar prediction. It can be exciting testing your theories and predictions, especially if you’re backing a player or sports team that you’re supporting. It’s also very easy to place bets on sports, and can all be done via betting sites or bookmakers.
Unlike other forms of gambling, sports betting doesn’t necessarily rely on luck – it can involve some prior knowledge of the skills or performance of a team or player in order to maximise your chances of securing a safe bet. The only downside to this is the bookmakers have the same insights, and therefore the odds will be much lower for less risky choices. If you know what you’re doing, there is still money to be made though. It’s often about being careful, calculating and patient, biding your time.
Finally, sports betting is easy to learn, quick to do and doesn’t require anything complicated in order to get started. All you need to really know is how to place a bet and understand your odds.
Sports In Denmark
Denmark is a diverse country when it comes to sport; the favourite national sport is football, and between 1984 and 2004 they qualified for the European Championships six times in a row. They also won the championship in 1992, won the Confederations Cup in 1995, were able to reach the quarter-final for the 1998 World Cup, and were ranked #3 in the May 1997 FIFA ranking. Other popular sports across the country include cycling, sailing sports, swimming, golf, ice hockey, handball, rugby league, motor sports, boxing, cricket, tennis, and badminton.
When it comes to football, there are over 313,000 players competing for more than 1,600 clubs through Denmark. It is hugely popular, with the national football team making many successful wins. Many people put bets on The Danish Superliga, which is the top league for Danish football. The current champions holding the reign are F.C. Copenhagen, which is the most successful club financially too. Some of the top players that people support include Michael Hansen, Mogens Krogh, Per Nielsen, Daniel Agger, Jimmy Nielsen, and Jesper Grønkjær. There is also the second level league, which is the Danish 1st Division. It was previously won by Lyngby Boldklub. Additionally, there is the premier cup competition – the Danish Cup – which was won by F.C. Copenhagen in 2016.
For women’s football, there’s the Elitedivisionen, which is the top league. This was won recently by Fortuna Hjørring. Holding 10 titles, HEI Aarhus are considered to be the most successful team. They also have the Danish Women’s Cup, which has been successfully won for three years running by Brøndby IF. Overall, it has been won seven times by Fortuna Hjørring.
Football is a popular sport to bet on, especially in Denmark where everyone is huge fans. There is a wide range of bets that can be made on the nation’s favourite game, from first goalscorer to which manager will be sacked, who will win the league to which team will be relegated. Whether it’s a friendly match, international events such as the World Cup, UEFA Champions League or another big match, there’s always something to get involved in.
You can predict handicaps, correct scores, goals and so forth as a single bet, or you can place an accumulator, which is where you make more than one prediction at a time. If they all come in correct, you stand a chance of getting a much greater return. However, as it carries more risk, there’s also the potential one prediction will fall short.
Other high-interest sports in Denmark include Golf, which has rapidly grown in popularity in recent times. There are over 180 courses throughout the country. Professionally, Thomas Bjørn has been the one to watch for many years, including Søren Hansen, Anders Hansen and Steen Tinning with the European tour. The most successful female Danish player is Iben Tinning – a real one to watch when placing your bets.
Aside from football, handball is the second most popular sport in Denmark. The country is host to more than 146,000 handball players and both their male and female teams have succeeded with high international rankings. The Denmark women’s national handball team has managed to win the Olympics gold medal on three occasions, has won the European Women’s Handball Championship three times, and on one occasion has won the World Women’s Handball Championship. For the men, they have won the European Men’s Handball Championship in both 2008 and 2012, and in 2016 they won gold at the Olympics.
For a bookmaker, the whole point is that they want to make money – and they don’t want you to succeed in making money. Therefore they try to set the odds in order to control how much they could win or lose for any particular result. They can set the odds for each bet, although they are not able to control the outcome of any game.
With any odds, bookmakers will also include the concept of ‘vigorish’ – also known as ‘margin’ – to help the odds be set in their favour for a profit. This is essentially a form of commission charged for them setting the bets. It will guarantee that whatever the outcome is, they’ll get some revenue for it. That doesn’t mean you aren’t able to win though.
The odds are a particularly important part of gambling, as they set how much you’re going to see as a return if you were to win. The simplest way to understand them is that if the chances of something happening are high, the odds will be low. This means you won’t make a huge return on winning. If there isn’t a high chance of something happening, this is where you could potentially gain more return – although there is a higher risk to your bet. Throughout any match, the odds will always be changing – if you predict something well ahead of time, you’ll get better results than if you wait. For example, predicting the match will be a score of 2-1 before it happens will ensure you have greater odds than if you wait until someone has scored two goals.
Placing Your Bet
When you are looking to place your bet, all you need to do is log on to a site such as ScandiBet.com and select what you want to bet. You’ll need to deposit some money into your account, and this is where your betting fee will be drawn from. You can select how much you bet for each match and will be told before placing your bet what the odds will be if you win. Once your bet is in action, you may be able to cash out before the final result is called.
Depending on what is happening in the match, this may be a safe way to secure some extra cash (although not as much as if you wait until the end) but it means there is less risk of your prediction not happening.