Myths about Sports Betting: Truth and Lies about Odds of Winning

Betting on sports is not just about predicting whether a team or an athlete will win. It has already become a whole culture and a form of entertainment that unites millions of people around the world. With the development of technology, betting has become more accessible thanks to the emergence of online betting platforms. This has allowed more people to join this form of entertainment. In South Korea, betting on sports is legal. Many companies provide this service. One of them is 1win Korea. But before you start betting, it is important to know what are the myths about sports betting. 

Myth 1: Betting on Sports is Complicated and Expensive

In Korea, a lot of people follow sports, predicting the results of a team's game or the achievements of a particular athlete. In order to protect yourself and ensure the safety of your personal data and your own funds, you should only use the services of licensed gambling operators, such as 1win.

To bet on a sporting event, you do not need to be a great sports expert, but it is important to study more information. On the internet you can find statistical data on the latest achievements and defeats of a team or athlete. There are also marketplaces for future events. Analytical information will allow a more thoughtful approach to betting, but does not guarantee a win.

Myth 2: To Start Playing, You Have to Go Through a Complicated Registration Procedure on the Site

1 win takes care to make it as easy as possible for customers to access gambling entertainment. Registration is carried out using a personal email, password and mobile phone. After that, the player must undergo verification by uploading a photo of the relevant documents on the game account.

Myth 3: A Beginner Will Not Be Able to Understand Complex Terminology, Will Make a Mistake and Lose Money

In order to start playing at 1win, you should know a few basic concepts:

• A bet is a prediction involving money on a certain outcome of an event. You should check the minimum and maximum betting limits. The maximum is determined automatically depending on the event and the player's limits.
• 1 win bets are real-time bets - betting during the match that has already started. And prematch - before the start of the event.
• You can choose one event and place a single bet at 1win. This option is good for beginners. Or try to guess the results of several events - this will be an express bet.
• Be sure to pay attention to the odds - this is the numerical probability of winning. If the bet wins, the bet amount is multiplied by the odds.

In any case, 1 win has its own support service, which will always advise and help in any situation. The service provides support round the clock.

Myth 4: Betting is Fraudulent and Manipulative. It is Impossible to Win

Such a myth has arisen based on several false judgements. Some people believe that betting companies have insider information about the outcome of a sporting event. This is not true, as matches are very unpredictable. Moreover, legal betting companies strictly monitor the so-called contractual matches and possible manipulations around such events. Events that have the signs of being rigged are cancelled and deposits are refunded. 1win monitors its own reputation and guarantees its players only fair results.

The second misconception about betting is the manual management of events and odds. In fact, the betting site 1 win is high-tech, the human factor is almost non-existent here. At the stage when a bettor places a bet, there are hundreds of iterations by artificial intelligence. 1win uses modern IT solutions from global gambling developers and operates on a certified online gambling platform.

Myth 5: The First Bet is a Step Towards Gambling Addiction in the Future

1 win is conducting an ongoing campaign to popularise responsible gambling tools. What does this mean in practice? To gamble at a high level is to gamble responsibly. First of all, the operator informs all customers that gambling is only entertainment and a way to spend time with pleasure, to feel a connection to the sporting event. But not a method of earning easy money.

Like any other form of entertainment, gambling requires certain conditions and rules. What do I need to pay attention to in order to make sure that the gambling organiser behaves responsibly? The most important thing: there must be full identification of the player. If there is not, then do not hope for a safe game.

1win has a range of tools and instruments that aim to help the customer protect themselves from unnecessary costs. These are:

• suspending a player from the game for a period of time;
• preventing gambling addiction;
• self-exclusion by choice;
• in order to control spending, the company may set a limit on the amount a player can spend in a certain period of time. 

All of these are elements of 1 win's fight against ludomania.

Myth 6: Football is the Easiest Sport to Bet On

This is probably the myth that has become the most widespread, but professional bettors can't even explain why, because it has no basis in fact. Indeed, there are plenty of football fans, but that doesn't make the sport itself either easier or harder to bet on - any professional punter will confirm this opinion. Like other sports, it is unpredictable, anything can affect the result of a match - deteriorating weather, a penalty shootout and so on. As a result, a prediction from a capper with a lot of experience will not work. But there is one little trick - in the case of football, you need to hedge your bets with live betting on 1win.

Conclusion

People who are far from betting think that sports betting is created just for a person to lose in it. But if a bettor does not just bet on his favourite team, but works hard, spares no time and analyses information, he will have good money.