It is estimated that the world is home to around 8 billion people. We are many, that is the truth, and we like different things in life. Whilst our friends enjoy meditation and zen, we love combat sports and beer. Whilst people read books about history, we are writing, betting, and breathing sports. This is life. We differ so much from each other, but we add value to economic markets.
Betting on sports has been one of the most primitive forms of entertainment. Heading to the sports races was a must and placing wagers on your favourite jockey and horse were fundamentals. Fast forward to today, where we can log in to our go-to gambling sites not on Gamban, on a 24/7 basis. With gambling at your fingertips, you only need some extra knowledge on the most profitable online sports betting niches.
Most Profitable Sports Betting Niches
It is not easy to highlight just one sport regarding profitability. Profitability comes with applying a good betting strategy based on facts and overall team/athlete performance. To kick off your betting with the hopes of winning big, start by reading betting strategies tailored to betting on your chosen sport. Many betting strategies are online, including betting markets, margins, and odds. Look at some of the most profitable betting sports niches out there.
Boxing
Boxing was and will always remain one of the most profitable sports niches. Apart from having many divisions and weight categories, many belts and championships are involved, with bouts happening every Saturday night.
Bantamweight, Flyweight, Featherweight, Lightweight, Middleweight, Light Heavyweight, and Heavyweight. These are the main weight categories in boxing, with divisions available at amateur and professional levels for both male and female boxers.
When betting on boxing, you can choose among many betting markets; hence, your bet could be a blend of betting strategies to get you the most profit on your bets. You could bet on who will KO who? In which round the stoppage will happen? You can bet on who will throw the towel first if a towel is involved. You could bet on the overall winner and possibly predict when the stoppage will happen.
Boxing remains one of the most profitable betting niches; we only suggest that you learn about the fighters in each category, view past fights, check injuries, upsets and more.
Football
Football is indeed one of the most celebrated sports across the globe. Many football fans wear footie t-shirts daily and blast the club’s anthems at any chance. Weekends are dedicated to football across the globe, with the upcoming Qatar 2022 World Cup being on everyone’s mind and future betting slips.
Betting on football is relatively easy, as football leagues across the globe are only some of the betting markets you can bet on. The English Premier League, the German Bundesliga, the Spanish La Liga, the Italian Serie A, the French League One, the European Cup, the UEFA Champions League, and other football tournaments are available to bet on all year round, with some minor end of season break happening during the summer period.
Which player will score the first? Who will score penalties? Which team will win a specific game and overall tournament? Take your pick and mix your bet slip to have the most profit on football. Do not blame us if your adrenalin goes haywire!
Across the pond in the USA, football also rakes up a solid amount of bets, with the Superbowl being an annual feature and the betting market. If you live in America, you have placed a bet or two on the NFL (National Football League) at some point in your life.
Horse Racing
We mentioned that horse racing was the most initial and primitive form of betting, the catalyst to sports betting as we know it today. To date, horse racing has gone global, with some of the best and biggest horse races happening across the globe. From France to the United Kingdom to the United States, there is always a race, with many betting markets for you to wager on.
The Royal Ascot remains a fan favourite, with many punters making their way to the races and wager on their favourite power duo (horse & jockey). You can also bet on the Dubai Cup, the Preakness Stakes, the Belmont Stakes, the Melbourne Cup, the Epson Derby, the Everest Cup, and even the Prix de Arc de Triomphe.
Since horse betting offers various markets, we suggest you kick off your betting experience by brushing up on your horse racing betting strategy. Apart from this, seeking information about the past jockey and horse races is also imperative, along with the thoroughbred’s overall health and age coming into play.
Basketball
Whilst basketball is still picking up on the east side of the world, the sports dominate the US and are one of the biggest betting markets that drive the US economy. Basketball is engraved in the US child’s life from a very early stage. Many basketball courts are spread across the US, with youngsters shooting hoops in the hopes of landing that a tiny break into the NBA.
Many young Americans seek sports scholarships when applying for universities and hope to make it big and get scouted and drafted into the NBA later. If you are a basketball lover, wagering on the sport is relatively easy if you are a basketball lover, as most betting sites always offer basketball sports markets. Choose between the EBasketballKamp, the NBA summer league, the WNBA, Porto Rico ESN, and many other basketball leagues happening across the globe.
Like any other sport, strategy is vital; hence brushing up on your basketball knowledge is a paradigm.
Choosing your betting site to maximize profitability
We suggest that some due diligence is done before you go all-in with your sports bets; here are some tips from us:
- Bet at licensed and regulated casinos.
- Compare sites taking into consideration: betting markets.
- Read reviews on the site left by other bettors, and register only at legit gambling sites.
- Snag bonuses but keep in mind wagering requirements imposed by the betting site.
- Seek sites with ongoing promotions and bonuses.
