Bangladesh betting on sports has a long history of its development. Gambling has been popular with humans since ancient times, so any specialist in this type of activity, who is well versed in sports and bookmakers, knows the history of sports betting well. Betting in Bangladesh gained popularity a long time ago.
The ancestor of bookmaking was totalizators, in which the bets of different players on the same event were first summed up, and then the entire amount, except for a certain organizer’s percentage, was divided between those who guessed the correct result. For totalizators, in contrast to bookmaking activities, no predictions from the organizers were required. Traditionally, for centuries, the place where sports betting was done was the hippodrome. It has been known since the times of the Roman Empire. After some time, cockfights – entertainment for plebeians – were added to the hippodrome. But only in the XIX century did a variety of sports become the subject of bets.
Soon practice showed that you could bet on everything that runs, jumps, rides, and flies. The main thing is that the sport has a sufficient number of fans. The bookmaker profession was born as an alternative to totalitarianism. Unlike totalizators, bookmaking did not require the extensive organization of betting collections in a single cash desk, so it was relatively easy to achieve, even in times of betting bans and persecution of such activities. It happened in Great Britain, which even now holds first place in the world both by the number of betting shops and by the number of betting players.
Who Is a Bookmaker?
Bookmaker is a profession of a professional sportsman engaged in receiving monetary bets on various upcoming events (most often sports) with predetermined odds, which are determined by probabilities as well as payment of winnings. Bookmakers accept bets when playing horse races and races on the results of various sports, political, cultural, financial, weather, and other events.
It is important for a bookmaker to be able to predict well (either independently or based on other predictions) the perceived probabilities of events on which bets are placed and the future popularity of various bets among potential customers.
Bookmakers may try to hustle players, so you should know the rules of choosing a good bookmaker. Betting in Bangladesh can be safe and enjoyable if you carefully check the online sports betting site you choose.
How to Choose a Good Bookmaker?
Choosing a good bookmaker is not a difficult task. To do so, you need to follow a number of simple rules that will keep you safe from falling for online scammers. Betting in Bangladesh today is quite safe.
Always check if the bookmaker has a license to operate. A bookmaker with a license from a strict regulator will never cheat customers, as you have to meet a number of strict rules to get a license. As a rule, betting sites in Bangladesh are licensed to operate abroad. Don’t let this embarrass you because the jurisdiction of such licenses can extend to dozens of countries.
The most important thing is to check the fact that there is a license not only on the site for online sports betting but also on the site of the regulator itself. This is easy enough to find on the Internet.
Rating and Reviews
If you make sure that the bookmaker has a license, then look at the reviews of the betting site in Bangladesh from customers. Do not choose a bookmaker whose rating does not reach 75%. At the moment, online betting in Bangladesh is quite developed, so you can find dozens of sites with high ratings.
Carefully study the reviews and pay attention to the disadvantages of the site. Every bookmaker has its disadvantages, so you need to decide if you are willing to measure up to those disadvantages.
This is a very good time to start betting on sports online. Betting in Bangladesh is at the top of its popularity, so all bookmakers are trying to compete for players with bonus offers. Bonuses can amount to tens of thousands of Taka. However, do not just look at the numbers.
Almost every serious bonus needs to be wagered. Wagering conditions for its receipt may vary. In such circumstances, it is better to choose a bookmaker with a smaller bonus on the first deposit but with more clear and feasible conditions for obtaining the bonus.
Pay attention not only to the first deposit bonus but also to other bonus offers. If you are going to play with one bookmaker for a long time, you will benefit from offers like cashback and cashout.
Methods of Deposit and Withdrawal
The next important point is the number of payment systems the betting site in Bangladesh works with. The more payment systems the bookmaker supports, the more reliable it is.
Check whether the betting site allows you to play for Bangladeshi Taka. If there is no such option, it is better to choose another site, as you will be losing money on currency exchange fees. The absence of Bangladeshi Taka also indicates that the bookmaker is not focused on working with customers from Bangladesh. This can lead to long deposit times, high transaction fees, and so on.
It is best to avoid deposits and withdrawals by bank transfer. Since betting is illegal in Bangladesh, this can lead to unnecessary problems and difficulties. It is better for customers to choose international payment systems and cryptocurrency if such an option is provided.
Technical support at a good bookmaker works around the clock. Most often, the working language is English. If you do not know English, you can use a mobile translator or any other convenient way.
Usually, the technical support team can be contacted via live chat and email. Sometimes you can write via messenger or just call a cell phone number. Technical support assists users in case of malfunctioning of the betting site is in Bangladesh.
The second reason for contacting technical support is not the malfunctioning of the site but the difficulty in mastering it. If you are confused and don’t understand how to register on the site, activate a bonus, make a deposit or withdraw your winnings, you can always contact technical support for advice and explanation.
If you spend most of your time with your cell phone and can not imagine your life without it, then be sure to try downloading the mobile app of your chosen bookmaker. If you’ve followed all the previous tips, you’ve definitely chosen a good betting site in Bangladesh, and every good site has a mobile app.
Modern mobile apps take up little space in mobile device storage and do not have high system requirements, so they can be installed on almost any mobile device.
Mobile apps for betting in Bangladesh have all the same features as the official bookmakers’ websites. With a mobile app, you can register an account, activate a bonus, make a deposit, place a bet, withdraw the money you win, and so on. The whole world of sports betting is available on your mobile device, which means hundreds of sports events every day.
To download and install the mobile application, you need to go to the official website of your chosen bookmaker and download the installation file. Once the download is complete, open the file and start installing the app. It is possible that your mobile device will ask for permission to install apps downloaded from the browser. Once installed, open the app and sign in to your account (or sign up if you don’t have an account yet). All done; now you can enjoy sports betting through your mobile device.
How to Bet on Sports Properly?
Betting in Bangladesh is not only a way to have fun, but also a potential income. Of course, no one can guarantee you that you will turn a profit and not lose all your money because betting on sports is always a risk. But there are a few tips to help you get the most out of your bets (or at least lose as little money as possible).
You Have to Pay for Entertainment
Since betting in Bangladesh is all about having fun, be prepared to lose as well as win. Of course, you can make money on betting, but you have to know a lot about the sport and be able to make accurate predictions. In case you lose a large sum of money, do not get depressed. Treat it like going to a bar. Everywhere you have to pay for entertainment.
Determine Your Bank
If you’re not ready to lose large sums and your goal is to make money in the long run, then your betting pot should not exceed 10% of your total account. If you are still a beginner and not ready to put in large sums of money, then you can make your first deposit for an amount not exceeding the amount of money you spend on your entertainment.
Choose a Sport
Only bet on sports that you know best. Do not start betting if you do not know anything about the chosen sport. It is worth learning the rules of the game and the teams first. Place bets on teams whose strengths you know a lot about.
Read Analytics From Experts
You can often find sports forecasts and analyses from experts. If you feel under-informed about a sports discipline, you should find a few experts you can trust and read their analytics. This will help you quickly understand the sports discipline and make more accurate predictions.
There are also experts who give sports forecasts themselves. It is possible to simply repeat a bet, but this is not the best option. This expert may not be competent enough, which can lead to a large loss of money. It is better to understand everything on your own.
Frequently Asked Questions
1. Is it worth buying a betting forecast in Bangladesh?
It is best to understand betting on your own. The expert from whom you bought the forecasts can be a common scammer.
2. What sports discipline can I earn more money from?
The most profitable sports discipline will be the one in which you are best versed.