By the end of this lesson, you will:
Now that you’ve set aside a bankroll and you’re ready to start betting, the next step is signing up with a bookmaker. We’ll go deeper into how bookmakers work later in the course, but for now your goal is simply to create an account so you can practise what you’re learning.
I’ll use a bookmaker called Stake (note that Stake here is the name of a bookmaker, not the “stake” you learned about in the last lesson) to demonstrate, because it’s simple and I’ve personally used it for years. However, you’re free to choose any bookmaker you like, the basic principles are the same. Just search for the most popular bookmaker (sometimes called a sportsbook) around you. It should not be hard to find.
🚨 You can use the account without full verification at first, but it’s strongly recommended to complete it as soon as possible.
If you use a different bookmaker, the screens may look different but the important steps remain:
Once your account is created, it’s time to fund it. Your bookmaker account is useless without money in it, and this is where the bankroll you set aside earlier comes into play.
🚨 But note:
You should not deposit all of your bankroll into one bookmaker.
In fact, for now just deposit an amount enough for 1 bet (1% of your bankroll).
Most bookmakers provide a clear Deposit button and multiple ways to fund your account
Stake lets you buy crypto directly:
Alternatively, depending on your country, you can buy crypto from an exchange like Binance or Coinbase, then transfer it to your Stake account using the steps above. When you finish these steps, you’ll have a funded bookmaker account ready to use.
Take a moment now to create and fund your own account with Stake or another bookmaker of your choice.
This will let you practise every other concept you’ll learn in the course.
In the next chapter, you’ll get a tour of what’s inside a bookmaker’s website or app, events, markets, odds displays, and the tools you’ll be using every time you place a bet. This understanding will make navigating any bookmaker much easier.