Signing up with a sportsbook or exchange will be relatively straight forward. You provide some details about yourself, go through the process, and an account is created for you that can be accessed through your browser with a password. While there is nothing wrong with opening just one account, if you continue betting be sure to deal with quite a few sportsbooks so you can shop around for the best odds.

Putting Money Within your Account:

When your account is first opened it will not have any money in it with which to place bets. The process of funding your account is normally referred to as making a "deposit", which could usually be found in a "banking" section in your account after you've logged in. There are several different methods that customers can fund their account, though just which in particular rely on who you're coping with. Credit and debit cards are a common depositing method for many, with wire-transfers the preferred method for most bigger bettors handling larger sums of money. Withdrawals (collecting your winnings and/or balance) can be made in an assortment of ways too - including wires, cheques, e-wallets and several other ways. You should have checked before signing up to ensure the banking facilities accommodate your requirements - but in any other case, now's the time. Should you not see any option that allows you to make a deposit (and/or just as importantly a withdrawal!) it's time for you to find another area to bet. If everything's fine both ways with banking, follow the instructions the sportsbook or exchange provides for making your deposit and you are ready to start betting.

Making Bets:

We have already discussed the main types of bets you will encounter and additionally the various kinds of odds available at different sports betting venues, so you should be ready to check out the action. Most sites shall use a tree hierarchy for listing all the available events, first split into different game types and/or leagues, then branched further into leagues/groups. Once a sport or league has been selected, sub-categories for that selection (if available) will be readily available for you to click on. When you find the market you are searching for, click on it to bring up a list of the events accessible for you to bet on. If you will find several types of bets available there may be further segregation available - through which case choose the type of bet you want to place (i.e. Asian Handicap, Correct Score, etc.) to view further details. Once you have found your bet, make the appropriate selection to choose your team/player/horse/dog/whatever you are backing, add it to your betting slip, enter your stake amount and place the bet. Some sportsbooks may possess the an area to enter your stake amount in addition to your team choice - particulars rely upon where you are betting. Make sure that you are comfortable with the betting slips and the way to make your wagers before placing any bets.

Taking Money Out Of Your Account:

When you do make the correct picks and the cash comes in - the money should be credited to your account as a balance after the bets are settled. Consequently the sportsbook/exchange will not immediately mail you a cheque with your winnings after each wager, you certainly will have to make a withdrawal through your account, much within the same way you made a deposit within the first place. Choose your desired withdrawal method and follow the instructions provided to have it processed. Generally speaking, if you made a deposit with your credit-card, a sportsbook will refund the initial amount that was charged first. For instance, if you deposited Ł100 using your Visa, and cashed out Ł150 - they would credit the Ł100 back to your card, and send the remaining Ł50 balance by another means. The accounting department may ask for additional verification before they are going to process your first withdrawal. This really is commonplace, and is performed to protect them from fraudulent activities (for example people making bets under false identities with other folks credit cards, then taking the proceeds). They may require you fax/email/post some evidence of identity, but thankfully the inconvenience will only be required once.

Did you get through all that? You should expect to venture in to the world of excellent online soccer sportsbooks and betting exchanges! As a newcomer, take your time and obtain confident with any sports betting site prior to deciding to start wagering.