Using Multiple Sports Betting Sites
If you've ended up on this page, then the odds are good that you're considering using more than one online sportsbook to do your sports betting. The good news is that you've ended up in the right place, as we've developed this guide just for you.
On this page, we'll equip you with all of the knowledge that you need to make an informed decision about if this sports betting strategy is right for you. Below, you'll find suggested sites, a review of the benefits of using multiple websites, as well as a guide on how to get started and frequently asked questions.
If you already know that you want to use multiple sports betting sites, and you're just looking for recommended places to use, then don't miss our list of suggested sites below. Here, we've cherry-picked the best of the best online sportsbooks in the industry. Each one of these websites is a trusted space where you can do all of your sports betting.
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For those of you looking to learn more before getting started, have no fear. Below, we've packed in loads of information about the benefits of using more than one sports betting website along with details on how you can get started doing it when you're ready to. Once you're ready to begin, you can come back to this section to visit our suggested top picks.
The biggest perk of using more than one sports betting website is that you can shop your betting lines. If you're a newbie to online sports betting, it's pertinent that you understand that all things are not always equal when it comes to the lines that competing online sportsbooks offer on the same bet. There can be many reasons for this, but it often comes down to what the betting site expects the outcome will be and how much money they have coming in on either side of the bet.
Often, the difference between online sports betting sites is not massive. This means that you won't end up finding drastic differences that can really move the needle. Instead, you'll see small differences both up and down depending on where that sportsbook stands on the bet at that moment.
Since there are differences in lines across different online sportsbooks, it's a great idea to shop your betting lines. By using this betting strategy, you'll make sure that you're getting yourself the best line on your wager. That means that you'll walk away with a higher profit should you correctly pick your bet. If you decide to use multiple sports betting sites to shop your lines on a regular basis, it will help you increase your long-term sports betting profits by making sure that you're not leaving money on the table.
Here's a sample to help you envision what we're talking about here. Let's say that you were interested in betting on the winner of the 2018 World Cup game between Croatia and France. By using two different online sportsbooks, you've located a difference on the moneyline bet for France to win the game.
At Site A, you found a +200 line on the wager. However, Site B offers a +250 line on the same bet. If you plan on wagering $100 on the wager, this difference could yield an additional profit of $50 on this bet alone if you place the bet with Site B and France wins the game.
As another sample, you can also line shop when it comes to point spread wagers. Below, we've showcased an example where two different sportsbooks are offering a half a point difference in the point spread on a game. Depending on how you think the game will finish, this difference of half a point can be very significant.
As you proceed through your sports betting journey, you should definitely consider using more than one online sportsbook to place your wagers. While many of the differences are small, they add up over time and can help you earn higher betting profits.
If you're interested in using multiple betting sites, but you're unsure of how to get started, be sure to check out the section below about getting started. Here, we'll walk you step by step through the process that you can follow to begin using multiple sports betting sites soon.
Bonuses and Promotions
Besides being able to shop your betting lines, you're also able to take advantage of bonus offers across multiple betting sites. If you're new to online sports betting, one of the things that you should know is that most of these online sportsbooks offer bonuses to their clients. In many cases, you may have the potential to earn thousands of dollars in bonus cash while doing your betting online.
The most lucrative offers from online sportsbooks tend to be their welcome bonuses. Due to a large amount of competition between different sports betting websites, you'll usually see massive sign-up bonuses that are there to help attract you to playing at one site versus another. The great thing is that you're the winner thanks to these generous offers. Based on our experience, many welcome bonuses alone can give you the ability to earn thousands of bucks in bonus funds.
The typical online sportsbook welcome bonus will function as some form of a deposit match. With this type of bonus, the sports betting site will match your deposit, often dollar for dollar, up to a certain amount. For example, you might find an offer where a sports betting website is willing to match your first deposit up to $1,500. That means that if you deposit $1,500 onto their site for your first deposit, they will then match your deposit and toss in an additional $1,500 into your betting account. Some online sportsbooks even offer matches on your first several deposits.
Luckily, the bonus action doesn't just end with welcome bonuses. You'll also find chances to earn bonus cash and prizes through other offers at most online sportsbooks. These other offers are primarily reload bonuses that function much like the welcome bonuses. In addition to these, online sportsbooks also often run special promotions tied to hot sporting events like the World Cup.
Before you decide to take advantage of any bonus offer from a sports betting website, be sure to read the fine print associated with the offer. Your goal should be to fully understand how the bonus functions and to see what restrictions, if any, are associated with your bonus funds. It's common to see rollover requirements for bonus funds that will require you to risk your bonus funds a certain amount of times before you can withdrawal them.
Keep in mind that the real advantage of using multiple sports betting websites is that you can take advantage of offers across all of those websites. That means that you'll be able to score various welcome bonuses and other offers while you do your betting. In turn, this should yield you a massive amount of bonus cash that you can use to increase your available betting funds.
If you've decided that you'd like to use multiple betting sites, you may be wondering how you'd go about getting things started. In this section, we'll walk you through all of the steps so that you can be up and running in no time.
Step 1: Find Your Online Sportsbooks
The first thing that you'll need to do is research which sites you'd like to use to do your online sports betting. If you've already got an online betting home, then you'll need to find at least one more. For those of you with no online betting site affiliations at this time, you'll need to locate at least two websites. If you skimmed over the beginning of this page, we included a list there of our top picks of online sportsbooks. We've researched for you so that you don't have to take the time to sort out which sites might be the best in the industry.
Step 2: Open Your Accounts
Once you've selected the websites that you want to work with, your next step will be to open accounts on those websites. In most cases, signing up for an online sportsbook only takes a few minutes. Often, you'll need to provide some necessary information such as your name, address, and email. Before you proceed, make sure that you've completed this step for all online betting websites that you plan to utilize.
Step 3: Fund Your Accounts
After you've got your accounts open, then you'll want to fund the accounts so that you'll have funds available to place wagers. Unless you're planning to do some mega betting quickly, we'd suggest that you start with a small deposit on each website that should suffice for your first few potential bets. While deciding how much to deposit, make sure to consider any deposit bonus match offers from the site.
Step 4: Begin Shopping Lines
If you've successfully opened up multiple accounts at different online sportsbooks and you've also funded them, then you're ready to begin shopping your lines for all of your future sports wagers. Once you've got a potential bet in mind, you'll then want to log into each one of your sports betting sites and see what lines they are offering for that wager. As you take this step, make sure that you're inputting the same wager for all of your betting accounts. This is important so that you have the same baseline when you're comparing lines.
While checking each website, be sure to jot down the line that each of the sportsbooks is offering you. You can do this with either a notepad or Excel spreadsheet. Another option is for you to leave each of the sports betting websites open on another tab.
Step 5: Compare Lines
After you've checked all of the online sports betting websites that you have an account with, your next step is to compare the lines offered on that bet across those online sportsbooks. Your goal should be to identify the one that's offering you the best odds. By doing this, you'll make sure that you're maximizing your potential profit if you correctly select your wager.
Once you've identified the site with the best line for the wager that you'd like to place, your final step is to place the wager at that website. Just log in and place your bet, and you'll then be set. The great thing about following this method is that you'll be able to rest easy knowing that you found yourself the best potential line on that bet.
Step 6: Repeat Moving Forward
Moving forward, you'd simply repeat the step of checking the betting lines for any other wager that you plan to place in the future. While shopping your lines adds a small amount of extra time to your betting, it can help you make more profit over the long haul if you stick with it.
How to Keep Things Organized
If you've only utilized one online sportsbook for all of your sports betting needs up to this point, then the odds are that things have been pretty simple for you to track. In this case, you've only had one location that had a balance, which makes things rather easy.
However, once you begin to use more than one sports betting website, things start to get more complicated. In this situation, it can be tough to keep track of your account balances, wins, losses, and overall bankroll. Because of this, it is vital that you establish an excellent method to help you keep things organized.
In an ideal world, we'd suggest using Microsoft Excel. Based on our experience, this is the best tool to help you track all of the critical information that you'll need to know at a moment's notice. Using Excel, you can track items like your bet performance history, bankroll status, and more.
Understandably, not everyone is accustomed to using Microsoft Excel. If you fall into that camp, you've still got options. Our suggestion would be for you to utilize some form of notebook or ledger where you can record your account balances, bet performance history, and your overall bankroll performance. In this case, you'd simply log things by hand using pen and paper.
All of this matters because you don't want to lose track of things. For example, if you line shop and find that an online sportsbook has the best line on the bet you want to place, you'd head there to place your bet. However, if you've not done a stellar job of tracking your available balance at that sportsbook, you could get there to find out that you don't have enough in your account to cover that bet. Then, you'd have to initiate another deposit to fund the wager, which will cause delays.
Along those same lines, you'll want to know where your overall betting bankroll stands. If you don't already have a bankroll management plan in place, we'd highly suggest that you establish one today. Without this, you'll be more likely to blow through your available betting funds much more rapidly than you would using a plan. Check out the link below to learn more about bankroll management and how you can create a plan for yourself.
It doesn't matter if you're using the Microsoft Excel method or the pen and paper one; you'll still need to remain consistent. Unfortunately, none of this is fully automated where things automatically populate. You'll need to develop the discipline to record your balances, betting performance, and other account information on at least a daily or weekly basis. By taking all of these steps, you'll be putting yourself on the path to always knowing exactly where your betting account balances and overall bankroll stand. As well, you can use this data to help you make tweaks to your overall betting strategies so that you can become a better sports bettor.
While it might seem a bit intimidating at this second to think about keeping things organized while using multiple betting sites, trust us when we say that you can do it. By developing a strong discipline now, you'll be a more knowledgeable and better-prepared sports bettor.
By using more than one online sportsbook, you can benefit significantly over the long haul thanks to the ability to shop your lines and gain additional bonuses and promotions. If you're not already using more than one website to place your sports bets, then we'd suggest that you try it out when you're ready so that you can reap the benefits of using this method. We hope that we've equipped you with all of the information that you need to take your sports betting strategy to all new heights. Thank you for stopping in to read our guide, and best of luck utilizing more than one sports betting site for your future sports betting needs!
Frequently Asked Questions
We've gathered up some questions below that we regularly hear about using multiple sports betting websites. If you're still unsure about something, we hope that these will help you locate the answer that you need. To view the answer to one of the questions below, click on that question, and the answer will then appear for you.
Remember that if you're in a rush to fund your account quickly, then you'll want to use one of the fast deposit methods such as Bitcoin, Neteller, or Skrill. If you use a slower deposit method like bank transfer or check, then you could be waiting days before the funds clear and are available to place wagers.