If you’re into horse racing, sports betting, or online gambling, you may have heard of 123bet. 123bet is a popular betting platform that allows you to place wagers on various horse races around the world. As a beginner, however, it can be tough to navigate the platform and figure out how to place bets. That’s where this beginner’s guide to 123bet comes in handy! In this post, we’ll cover the basics of 123bet, including how it works, how to sign up, and how to place bets.
What is 123bet?
123bet is an online horse racing and sports betting platform that allows you to place wagers on various races and sports events worldwide. The platform offers a wide range of betting options, including win, place, and show, which are types of bets you can place on horse races. 123bet also offers betting options for different sports, such as basketball, football, and baseball.
How to sign up for 123bet?
Signing up for 123bet is easy! You can visit their official website and click on the “Register” button. After that, you have to fill in your personal details such as your name, date of birth, and contact information. You’ll also need to provide your social security number (SSN) or taxpayer identification number (TIN) to verify your identity. Once you’ve completed the registration process, your account will be created, and you’ll be ready to start betting!
How to place bets on 123bet?
Placing bets on 123bet is easy too! Once you’ve logged into your account, you can browse through the different horse races or sports events available for betting. Choose the race or event you want to bet on, and then select the type of bet you want to place, such as win, place, or show. Enter the amount you want to wager, and then confirm your bet.
Understanding the different types of bets on 123bet
123bet offers different types of bets, such as win, place, and show, which are all popular bets for horse races. A win bet is a bet on the horse you think will win the race. If the horse wins, you get paid. A place bet is a bet on the horse you think will finish first or second in the race. If the horse finishes first or second, you get paid. A show bet is a bet on the horse you think will finish in the top three positions. If the horse finishes first, second, or third, you get paid.
123bet also offers exotic bets, which are more complex bets that require you to choose the order of finish for two or more horses in a race. These bets can be more challenging to win, but they also offer a higher payout. Some examples of exotic bets include exacta, trifecta, superfecta, and daily double.
In conclusion, 123bet is a fantastic platform for those who love horse racing and sports betting. As a beginner, navigating the platform may seem challenging at first, but it’s straightforward once you understand the basics. This guide should give you a good idea of how to sign up for 123bet, place bets, and understand the different types of bets available. So, what are you waiting for? Sign up for 123bet today and start betting!