Sports betting opportunities are exploding in Florida, with massive changes expected in 2021. Despite the state’s history of legislative paralysis, Gov. DeSantis and the Seminole Tribe reached an agreement in early 2021 to introduce mobile betting to Florida, despite the Seminole Tribe’s ironclad control on various other gaming businesses in the state. As a result, potential bettors in Florida should discover how to wager on sports using mobile sportsbooks in the state.
The legalization of sports betting in Florida is welcome news for sports betting fans in the state, as it has been a long time coming. When sports betting is ultimately allowed, newcomers may not know how to get started, especially since no details about how it will be available have been released. As there is a wide array of options you can choose from, it is recommended to seek advice and knowledge from a reliable source, such as Basketballinsiders guide on how to bet on sports events from Florida, including a top 10 list of the best sites and reviews of the sites available. Read on as this article will explain how you can wager on sports in Florida after the legislation is passed.
WHERE CAN YOU PLAY SPORTS BETTING IN FLORIDA?
Online Sportsbooks
Apps and platforms for online sports betting are more popular than ever before and with good reason. You may bet on sports from the comfort of your own home instead of driving to a brick-and-mortar casino.
This makes it simple to wager on forthcoming or recent athletic events whenever you like. Even better, many leading sportsbooks provide new account holders welcome bonuses such as free site credit, free bets, and more.
Many of the best mobile sportsbooks also offer live streaming, allowing you to place bets in real-time. These are unique bets with betting lines generated by computer algorithms. In-play betting is a unique and entertaining method to wager on sports. Still, it’s usually only available on mobile platforms.
If sports betting is legalized in Florida, any operator will most likely be able to offer sports betting via their mobile devices as well as retail locations.
Retail Sportsbooks
Placing sports bets at retail sportsbooks may be entertaining. You may have a drink and watch sporting events on giant TVs at retail sportsbooks while waiting to see if your bets win. Florida may require sports bettors to complete the registration procedure for a mobile app by visiting a partnered retail sportsbook in their location, depending on legislation details.
On the other hand, sports betting registration might not require this step, allowing registration to be conducted from anywhere in the state.
HOW TO PLACE A SPORTS BET IN FLORIDA
If in-person registration is required for mobile sportsbook downloads, the exact method for betting on sports in Florida will be drastically influenced. Here’s a quick rundown of how the betting process will most likely work.
#1. Sign Up for a Sportsbook
Residents of Florida must first choose a sportsbook to download. Because licensing will be taken care of before the official debut date, there will likely be multiple mobile apps to download as soon as the industry ultimately launches.
iPhone users can access their favorite sportsbooks directly from the Apple App Store. On the other hand, users of Android devices might need to download their sportsbooks from the operator’s desktop site, depending on the book. Some, though not all, sportsbooks are available and accessible on the Google Play Store.
The phone’s sportsbook installation will happen immediately when you download it. Geolocation software will also be installed to prevent you from betting outside of the state of Florida.
#2. Create a User Account
Residents of Florida will then need to download and register for the sportsbook. They will be able to access the sportsbook app and create an account by submitting their date of birth, Social Security number, and other identity-verification information.
If Florida requires in-person registration, residents must go to the casino affiliated with their sportsbook and finish the process by presenting identification.
#3. Deposit Into Your Account
Regardless of which book you download, funding one’s sports betting account should be quick and straightforward. Top-tier sportsbooks accept many deposit options, including credit or debit card transfers, bank transfers, electronic wallet transfers, and more. However, the specific deposit methods vary according to whatever sportsbook you choose.
It would be best to take advantage of any opening extras that may be available, depending on the book you downloaded. Some sportsbooks need you to enter promotional codes to gain free credit, free bets, or other incentives.
Others demand you to make a minimum deposit. Make sure to read the fine print to ensure that you get the most out of any applicable welcome bonuses.
#4. Wager On
After funding their account, a sports bettor can place a wager by navigating through their app to the available betting lines. It can take anywhere from a few minutes to several hours to open and fund a sports betting account in Florida (depending on whether in-person registration is required).
FLORIDA’S MOST POPULAR SPORTS BETTING PLATFORMS
When sportsbooks open in Florida, they’ll provide a wide range of wagers on various sports. Because Florida is home to multiple professional sports teams, markets for the NFL, NBA, MLB, NHL, and other leagues can be found in any sportsbook.
Depending on the sportsbook you installed or visit, you may also be able to wager on other sporting events or markets. Among these are NASCAR and motocross racing, MMA and UFC fighting, darts, and even eSports (competitive video gaming).
Florida has a significant immigrant population. Its closeness to the Atlantic Ocean makes it a popular area to bet on foreign sports like rugby, Australian rules football, and cricket. Because not all sportsbooks provide foreign betting markets, if you want to bet on these games once sports betting is allowed, you’ll need to pick your book carefully.
Another hot topic will almost certainly be college or collegiate betting. Many sports enthusiasts in Florida would be upset if sportsbooks would not allow them to wager on their favorite teams in sports like football and basketball.
However, even gambling-friendly states like New Jersey restrict collegiate betting to safeguard college athletes. They may elect to prohibit bets on in-state teams and games or limit collegiate sports betting outright. It’s also possible that they’ll choose to allow collegiate betting in general, though this is doubtful.
If collegiate betting is permitted in any form, college wagers will be among the most popular in Florida.
WHAT ARE THE DIFFERENT KINDS OF BETS THAT CAN BE PLACED IN FLORIDA?
With a few notable exceptions, all sports betting systems now offer several standard wager types:
● Simple bets on whether a team will win or lose a match are moneyline bets.
● Spread bets, in which you wager on whether a team will win or lose by a specific amount of points.
● Total bets are wagers on whether the cumulative scores of two teams will be more or less than a predetermined amount.
● Prop bets, also known as proposition bets, are wagers on specific events inside a game (for a player hitting a home run, an injured player, and so on).
● Futures bets, common for championship games or things like March Madness, are a type of bet. You bet on the outcome of a future event using future bets. The odds and possible winnings increase further from the event you put your money down.
There will be some distinctions between the various books. For example, other sportsbooks do not provide any futures bets; therefore, if this operator expands to Florida, bettors will be unable to see these lines on this platform.
Florida sports bettors will almost certainly be able to place all of these wagers and more on their preferred sports betting platforms.
HOW ARE SPORTS BETTING ODDS DETERMINED?
Betting odds are calculated in all high-quality sportsbooks, utilizing professional line makers (basically sportsbook statisticians) and line-making algorithms.
In a nutshell, line makers use official league statistics and attempt to create betting odds that offer an excellent possibility for payoff compared to the risk for both underdog and favorite bettors. Anyone who places a wager with a fully licensed sportsbook should have a pleasant time as a result. Underdog bettors stand a better chance of winning more money, but they must take a higher level of risk.
Line makers also set their odds so that the sportsbook can profit from the wager by taking a tiny cut or vigorish. This, along with other things like sponsorship partnerships and special promotions, is how sportsbooks make money.
Before downloading a sportsbook, it’s always good to check out the quality of the player friendliness of the betting odds. Varied books offer different odds quality. Many more experienced sports gamblers prefer to line shop by looking at other sportsbooks for betting lines on the same game. They’ll use that sportsbook to place their bets once they’ve found a betting line with the best payout potential.
SPORTS PARTNERSHIPS
There are currently no facts available concerning potential sports betting partnerships in Florida. However, we foresee a lot of backlash from other operators if this happens.
Alternatively, the sportsbook of your choice may work with other operators known for their high-quality platforms or sports betting options. When sports betting is ultimately allowed in Florida, companies, and others are likely to be eager to enter the market.
TOP SPORTS BETTING TIPS TO FOLLOW IN FLORIDA
Florida has finally caught up to the rest of the country regarding sports betting. Floridians will no longer be obliged to travel out of state to wager on their favorite sporting events due to new legislation. Although sports betting is legalized in Florida, it is still heavily regulated, so you won’t be able to get your fix just anywhere.
Whether you are an avid sports bettor who travels in and out of Florida, you will discover how to win at sports betting in this guide.
1. Look for a reputable sports betting website.
As soon as you begin your research, you’ll notice that there are a plethora of online betting sites where you may place your wagers. The most important thing is to find a trustworthy and reputable firm so that you do not risk your money or personal information by using an untrustworthy website or service.
We understand that selecting the ideal sportsbook can be stressful and time-consuming; therefore, you should read more on sports betting websites and articles to learn more about the subject and locate some of the greatest sportsbooks now operating in Florida.
2. Start with small stakes.
It takes a long time to figure out how to defeat the bookies. Some bettors learn winning strategies faster than others, but even the most extraordinary sports bettors may learn winning strategies. You only have so much money to bet on athletic events, so don’t make the mistake of betting too much on every game while learning how to win.
Consider how much money you want to set aside for a bankroll before you start betting on sports. Put this in a safe place, and don’t use it for anything else. As you learn to improve your performance, divide this value by 100 and place wagers no more significant than this figure.
3. Keep your expectations in check.
Put a stop to it if you’re thinking about quitting your full-time job because you think you’ll make it big in betting. It’s unlikely that you’ll be able to make a living from sports betting. That isn’t to suggest you won’t make money; nevertheless, you’ll be lucky if you make enough to live off your gains.
Sports betting can be both enjoyable and profitable. However, you must become a knowledgeable and conscientious sports bettor to make money. By going through these pointers again, you’ve made some progress, but it’s only the beginning. Setting reasonable expectations from the start is crucial.
4. Make sure you’re betting with a clear head.
Make sure you’re only betting real money on sports when you’re mentally prepared. This implies you should never gamble while under the influence of drugs or alcohol. Given that you’ll be wagering your own money, you should do so with caution. Many folks who have had too much to drink end up betting on sports. After all, many people link drinking with their favorite sporting events.
It is best to avoid betting on sports while inebriated because alcohol and drugs impair your ability to make sensible decisions. To avoid making poor betting decisions, place your bets before drinking. If you’re drunk, watch the game and wager later when your mind is clear.
5. Bet on sports that you’re familiar with.
It’s always a good idea to stick to sports you’re familiar with when you’re new to betting. Compared to betting on games about which you know very little, this increases your odds of making sensible betting decisions.
It’s normal to want to bet on various sports when you’re first getting started. Observing all of the available betting action when you connect to a digital sportsbook may encourage you to place a large number of bets. However, we advise against betting on unknown sports for the time being.
6. Recognise the home team’s strengths.
In every sport, the home team consistently outperforms the visiting squad. Most people are aware of this because they attend games, but few are aware of how this influences the public view of sports betting. “Home advantage” is how it’s referred to. When picking a side to bet on, keep in mind that the home team has a better chance of winning.
7. Never bet on your favorite teams.
Your first bet on a sporting event will likely be on your favorite team. Several sports bettors continue to back their favorite team because they support them and profit from their wins. While this is still acceptable, it is not a viable strategy for becoming a good sports bettor. You must view events and teams objectively to make money betting on sports.
BOTTOM LINE
Our top sports betting advice, as well as what you learned about sports betting in Florida – how it works and what you need to know – should have given you a better idea of what to expect when you begin your sports betting adventure. It’s difficult for rookie bettors to make money. Still, you can get a leg up on the competition by following these recommendations. Your results will improve dramatically when you study and apply all you’ve learned on this website.