Online Betting
If you have a favourite football team or an athlete, you’re probably familiar with online betting. NorgesCasino.com is an Norwegian casino guide, but we also think it’s exciting placing some bets on sports.
When it comes to football matches or other sports arrangements, you’ll often hear about odds. There are good reasons for this. Placing a few bets before your favourite team enters the field will give you more thrill and excitement.
Safe Betting Sites in Norway
Just a few years ago you would have to put in some effort to find new betting sites online. In 2026 pretty much any new online casino will also give you access to a sportsbook. You’ve a lot of options when you want to place a bet.
We know that some casino players consider online betting to be too complicated for them. It’ll take a bit of time to fully understand how to use an online sportsbook, but if you are familiar with online casinos, you’re also able to use a betting site.
Introduction to Online Betting
In Norway we’re using both odds and betting for placing a stake on a particular outcome in a football match or other sports arrangements. Odds is also a number showing how likely one outcome is to occur. This is calculated to iGaming companies.
The odds will also indicate your potential win if you place a bet on the correct outcome of the football match or sports arrangement.
When you’re placing a stake you’re actively betting. In Norway we’re usually using odds for the available bets we can put a stake on, while betting is the term for placing a bet on the odds.
The odds can be presented in several different formats, and it’s an advantage to understand the different formats of odds.
Different Types of Odds
The format the odds are presented in will vary. In Europe it’s normally presented using decimal odds. Sometimes you can change the format in the sportsbook. Common options are fractional odds and American odds.
Decimal Odds
If you’re opening the sportsbook at a Norwegian betting site you will find the odds presented as decimals. As we’re using decimals in Norway, this is also a practical way the present the odds.
It’s also easy to calculate the potential winnings from a bet with decimal odds. To find the potential winnings you simply multiply the stake with the decimal odds. One example is 100 NOK bet with 2.00 odds that will give you 100 NOK x 2.00 = 200 NOK potential payout.
Fractional Odds
If you are visiting a UK betting site the odds will be presented as fractional odds. In the UK betting has a stronger tradition than in Norway, and that can explain why UK sportsbooks present odds in fractions.
A fraction consists of a quotient and a denominator. The quotient represents the potential winnings while the denominator represents the stake. To understand how fractional odds works, we’ll use a practical example.
Let’s say that you are placing a 100 NOK stake on a bet with a fractional odds of 1/2. In this case you’ll get a return of 150 NOK if you’re winning. If the odds were 2/1, you could expect a payout of 300 NOK. Odds of 1/1 is often referred to as even, and will give a payout of 200 NOK.
American Odds – Moneyline
The American odds can seem complicated, but there is a logic behind it. American odds is also known as moneyline. American odds can be both positive and negative. That makes this odds format very different from fractional or decimal odds.
100 is an important number when it comes to American odds or moneyline. The positive odds tell you how much money you’ll win on a 100 bet. If you have a positive odds of +100, it tells you that you will be paid 200 if you win. American odds of +100 equals decimal odds of 2.00 or fractional odds of 1/1.
100 is still an important number when it comes to negative moneyline or american odds, but here it’s the other way around. A negative odds of -10,000 tells you that you would have to place a 10,000 bet to win 100. This equals an decimal odds of 1.01 or fractional odds of 1/100.
Betting Markets
A sportsbook is giving you a lot of opportunities, and some of these opportunities are known as betting markets. There are a lot of different markets, and that can make online betting seem complex for inexperienced players.
Some of the betting markets are pretty simple, basic, and straight forward. But, there are also more complex markets. NorgesCasino.com suggest that inexperienced bettors choose the more basic betting markets.
When you have gained more experience and knowledge, you can start exploring the more complex markets and learn which kind of opportunities these can give you when you are betting on odds online.
Below we’ll walk you though both basic betting markets and some of the more complex markets you can find in most sportsbooks online.
1×2
The most basic betting market is 1×2. In Norway this is often referred to as HUB. This is a betting market we can recommend for beginnings with no experience. At the same time, this market it also popular among experienced bettors.
A football match has three potential outcomes. Either the home team wins (1), the match ends with a draw (x), or the away team wins (2).
To place a 1×2 bet, you simply have to take a guess at what the final result of the match will be. It’s also possible to combine several 1×2 bets on the same betting slip. You can also combine the 1×2 bet with other betting markets.
Over/Under
Another popular betting market is over/under. Here you have to take a guess on how many goals there will be in the match. This is a market that can help you place bets on a match where you think it will be difficult to make a 1×2 bet.
Before placing an over/under bet, you simply have to decide whether you believe there will be scored more or less goals than a certain threshold.
If you place a bet on the over 1.5 market, there has to be 2 or more goals in the match for you to win. If you rather place a bet on under 1.5, you’ll win as long as there is not scored more than 1 goal.
Both Teams to Score
This is another straight forward betting market where you simply have to place a bet on whether both teams are going to score during the match. There are two options. Yes or no.
If you place a bet on yes, you’ll win as long as both teams are scoring at least once. If you place your stake at no, you will win as long as none or only one of the teams scores during the match.
Draw No Bet
This betting market is often referred to as DNB. The advantage of this market is that it’ll give you insurance or protection against a draw in the match. The price for this protection is that the odds will be a bit lower compared to the odds offered in the classic 1×2 market.
When placing a draw no bet bet, you can choose between either the home or the away team to win. If there is a draw, your bet is void and you’ll get your stake paid back.
If you want to place a bet on a team to win, but you believe there is a chance for the match ending as a draw, this betting market is a good choice.
Corners
Placing bets on the number of corners in a match have become very popular on Norwegian betting sites online. The corners betting market is similar to over/under. You’ll simply have to put a stake on whether there will be more or less corners indicated by a threshold.
There are also a few versions of the corners betting market. One popular version is race. Here you have to bet on which team is the first to reach, 3, 4, or 5 corners in the match.
Cards
Another market that has a lot in common with both over/under and corners, is cards. Here you can win if you place a bet on the correct outcome, ie whether it will be more or less cards than the thresholds you can place a bet on.
Goal Scorers
This is also a diverse betting market giving you several options to place a bet on who is going to score the first goal, the last, or how many goals a certain player is going to score. Goals scorers are also available as live betting.
Scorecast/Wincast
These two markets are considered complex, and we only recommend these for more experienced players. We also have to mention that not all Norwegian betting sites offer scorecast or wincast.
A scorecast bet is actually two combined bets. The first part is the first goal scorer, then the second part is the final result. As this is a combined bet, you can expect high odds. But, it’s a difficult bet to win.
A winscore bet is also two combined bets. The bet is a combination of the first goal scorer and 1×2. This is also a complicated market where knowledge about the teams can give you an edge.
Halftime/Fulltime
While you just have to guess the fulltime result on the classic 1×2 market, you’ll have to place a bet on the result for both first round and second round. Since this is a combined bet you can expect the odds to be high for fulltime/halftime.
European Handicap
We can recommend using the European handicap if you want to either increase the odds or place a more safe bet on which team will win the match. This is actually an upgraded version of the 1×2 market.
To increase the odds you can place a bet where the underdog of the match starts with a handicap of +1, +2, or +3 goals. If you place a bet on +1, your team will have to win the match by 2 goals.
You can also get a safer bet using European handicap. Then you have to choose a bet where the opponent of your team starts with a handicap of -1, -2, or -3. This will give you a lower odds, but a better chance to win the bet.
Asian Handicap
Asian handicap are similar to European handicap, but there are some important differences. First we’ve to tell you that there are three different versions of Asian handicap.
The first version is a 2-way handicap. Here you can bet on one game having a handicap or an advantage with +1, +2, or +3 goals. If the match ends with a draw adjusted for the handicap or advantage, you’ll get your stake paid back.
The other versions are half- or quarter decimals. With this decimal it’s not possible for the match to end with a draw, so you can’t get your stake back. But, in these versions the odds will be higher.
Double Chance
This is a betting market that is similar to 1×2. The main difference is that you can place a bet on two outcomes or results in the match. This will increase the chance of winning, but the odds will be lower compared to 1×2.
The options you have to choose from when you want to place a double chance bet is 1x, 12, or x2. This betting market can be a good choice if you want to combine several bets to get a higher odds.
Why Place Bets Online?
There are several valid reasons to place a few bets. Watching a football match is exciting, but it gets even better when you’ve skin in the game and placed a few bets. You might even get a decent payout.
Some bettors might even become professionals, meaning that they can live on the return from their online betting. Of course, for most players, online betting is about making the match or sports arrangement more fun.
Betting is All About the Fun
If you’ve placed a few bets you’ll also know that online betting is not a way to get easy money. Betting involves risk, and it’s important to be aware of this before you make a deposit to put some bets on your favourite team.
A healthy focus is looking at online betting as entertainment. We would also recommend making a budget so you know how much you can put at stake. Once you have a budget you’ll see how much you can afford spending at the Norwegian betting site.
When you are aware of how much you can spend, you can also activate and adjust a gaming limit. For example, a well adjusted deposit limit can ensure that you do not spend too much money on online betting.
Spending time on making a budget when you just want to place a bet might seem like too much work, but it’s well spent time that can ensure that you’re getting a safe gaming experience at the online betting site.
How Bookies Set the Odds
The odds are normally set by odds traders buying and selling odds. These traders are hired by sportsbook providers. The market is always fluctuating, so the odds value of a single bet might change over time.
The betting sites can also adjust the odds they receive from the sportsbook providers. They’ll normally do this if they experience a lot of players placing bets on a certain team or betting market.
Still, the basic odds are calculated using a lot of historical data for the teams that are going head to head. Sometimes there are miscalculations, giving opportunities to bettors using statistics.
How to Start Betting Online?
If you have experience playing at online casinos in Norway, you can start betting in a few minutes. But, we know that there are inexperienced players that have never tried online gambling. For those we have created this betting guide.
The first thing you should do is take a look at the Norwegian betting sites you can find at NorgesCasino.com. We’re covering a lot of betting sites, so there should be a good chance that you’ll find a site matching you.
Register
Once you have found an online betting site that you want to try, you have to visit their website. On their website you’ll find a button for registration. Press this button to become a free member of the Norwegian betting site.
Normally you’ll just have to provide your phone number or email address to register and be able to log in, but we suggest that you complete the full registration. Do this by providing date of birth, name, address, and any other information the betting site requests.
Another thing we’ll recommend is to verify your account. By uploading pictures of your ID, proof of address, and payment methods you’ll increase the security of the account. Everything will also be set to make a withdrawal.
Make a Deposit & Visit the Sportsbook
Before you can place any bets, you’ll have to make a deposit. Most casinos accepts VISA or MasterCard payments, but we’ll recommend you to use MiFinity, Revolut, or crypto such as Bitcoin or Ethereum.
Your deposit should reach your account immediately, and now you’re ready to place your first bet. But, first you have to find the object and market you want to play on.
If you’re visiting a Norwegian betting site you should navigate to Odds. If the website hasn’t been translated to Norwegian, you should be able to find a button marked Sportsbook.
Use a Filter
To inexperienced players a sportsbook might look messy and overwhelming. It can be difficult to find the object or the market you want to place a bet on. There’s a solution to this. It’s possible to use a filter on the sportsbook.
You can sort the sportsbook using filters removing any odds for all sports except for for example football, MMA, skiing, cycling, or eSports. This is a good solution if you haven’t decided what you want to bet on.
Once you’ve found the sport you want to gamble on, you can use another filter to find, for example, odds on Premier League, Serie A, or DOTA. Then you can open up the match you find interesting so see all the different betting markets.
If you already know that you want to place a bet on Manchester United to win against Liverpool, or that Haaland is going to score the first goal, you can use the search function to find all bets related to Man Utd or Haaland.
Live Betting
We haven’t said a lot about live betting in this article, and this is an important topic. While you’re watching the game live betting is giving you the opportunity to place bets on what you are seeing. That can give you an edge.
Live betting is very exciting as the different live betting markets are often settled within minutes. If you see your team are attacking you can place a bet on who you think will score or if it will end up with just a shoot at goal.
The betting sites will also give you updates on what is happening in the matches or sports arrangements. A few years ago you could often see live streams from some of the most important football matches.
Place Your Bet
When you’ve found the object you want to play on, you just have to decide the stake. We’ll suggest that you find a new online betting site. Then you can grab an betting bonus and place larger bets.
Is It Easy to Win in Betting?
We’ve written an article about where it’s easiest to win, and in this article we’ve also mentioned odds betting. Also remember that it’s easier to win on betting if you have knowledge about the teams playing the match.
