Are You Not Entertained?! The Best Entertainment Betting Sites Online in 2019
We know, betting on just sports and horses gets old after a while.
What if we told you that there were other betting options outside of football and races? Luckily for us, there are numerous sites where we can do other forms of betting with the same ease and safety that traditional betting industries get to enjoy.
What we are referring to is known as entertainment betting. For someone who is not interested in sports, but instead enjoys things like celebrity gossip, politics, or reality TV, then entertainment betting is just the right cup of tea!
The sites listed below are some of our top favorites to place entertainment bets on. To read more info, simply click on the review link next to each site that is appealing.
|Rank||Entertainment Betting Site||Sign Up Bonus||Get Started|
|#1||Bovada||50% up to $250||Visit Site|
|#2||MyBookie||50% up to $1,000||Visit Site|
|#3||SportsBetting.ag||50% up to $1,000||Visit Site|
|#4||Xbet||100% up to $300||Visit Site|
|#5||BetOnline||50% up to $2,500||Visit Site|
Clearly, if you already have a history of entertainment betting, you know what it is all about and you merely need to choose a site from the list above. For more in-depth information on how to choose the right site, we recommend visiting our article that focuses on the makings of a good gambling site.
For the rest of you, we will now go into depth about the pros and cons of entertainment betting and give our honest advice in each section. You should know exactly what to expect before getting started in the entertainment betting world.
Wait a Minute, What Exactly Is Entertainment Betting?
Will OJ Simpson violate his parole and be returned to a Nevada prison? Who will win the Emmy Award for the most outstanding comedy series? Will Donald Trump win the presidency again in 2020? Will one of Daenarys' dragons die in Season 8 of Game of Thrones?
These are just a few examples of the many different types of fun bets you can find in the entertainment betting section. As we hinted at earlier, entertainment betting has absolutely nothing to do with sports betting, horse racing or casino games. While there is no definition to be found online, it is fairly self-explanatory- it focuses on the entertainment industry.
These bets are meant for people who enjoy television, movies, politics, current events, or celebrity gossip. Once a category is chosen, there is usually a long list of bets that can be made that predict future outcomes of a certain show or event.
4 Benefits of Entertainment Betting Online
These entertainment bets are great for adding a little extra fun to your viewing experience. Whether it is anything from a presidential election to an awards show, it will give the bettor a reason to care about the outcome of the event whereas usually they would normally have no monetary interest in the matter.
If someone has been trying to get into politics or a new television show and has been unable to do it, then entertainment betting might be the answer. Having the bets as motivation usually makes it much easier to want to watch, since the end result actually has more meaning once the bets are made.
Considering the length of time it takes for some of these bets to run their course, the bettor ends up getting extra entertainment for a longer period of time out of just one wager. This is especially true for presidential election bets which are not settled until 4 years into the future. This could make every speech and current event that has to do with that future presidency more interesting to someone who wanted to force themselves to keep up with all of the latest news.
By offering new types of bets that are completely unrelated to sports betting, horseracing, and casino games, the gambling sites manage to bring in unique bettors who would normally not be gambling. This is great for the industry as these people may eventually wander over to the poker rooms or the casinos and see what those are all about.
As long as the industry is growing, they can get away with continuing to run generous promotions and bonuses. Bringing in new people helps everyone, and we love to see innovative ideas soaring in popularity the way entertainment betting has.
4 Drawbacks of Entertainment Betting Online
Unfortunately, entertainment bets are not very easy to beat in the long-run compared to other types of bets. The reason that entertainment betting is not as profitable as sports betting is that there is not as much statistical data to analyze. The more data we have to analyze, the easier it is to predict outcomes, and the easier it is to make money.
Over the course of an NBA season we get to watch 82 regular season games before the playoffs even begin. This gives the bettor a large amount of data to sift through in order to find an edge. On the other hand, the Emmy Awards are only once a year, and the presidential elections are once every 4 years, so the amount of data available for those types of bets is far smaller on average.
Many of these entertainment bets do not settle until anywhere from 1 to 4 years into the future. This is a long time to have money in limbo, making it tough to bet a large amount comfortably.
This wait time also lowers our betting power for other bets that we may want to make before those long-term entertainment bets end. This is obviously because we have to pretend that we do not have that money anymore until the first bet settles.
Anyone who gets sucked into making a large number of these types of bets risks the possibility of being stuck in front of the television too often. This has been proven to be fairly unhealthy, and is also a waste of time.
There are only so many hours in day that we should watch television, and if someone decided to just make a bet on every show they like and sit in front of the tube all day, it could lead to a pretty unhealthy lifestyle. We recommend doing these entertainment bets in moderation for shows, events, or contests that you already planned on watching anyway.
Entertainment betting started off as a fun little gimmick that sportsbooks would use to bring in more customers in hopes that they would eventually do some sports betting. The industry then became really popular and the soft lines turned into a surprise nightmare for the sportsbooks on many occasions.
This has caused sportsbooks to be much more careful with the lines they offer, and they usually are not easy to beat. If decent odds are what you are looking for, this is not the category of betting that we would recommend.
3 Steps to Getting Started
Still interested in getting your feet wet in the entertainment betting world after reading the pros and cons above? Well look no further, we have compiled 3 steps to get you started.
Choose a Site And Deposit
The sites listed above that we have recommended are the best that your area has to offer, in our opinion. Once you read our reviews and our article on how to pick a good site, register to a site that is ideal for you.
Usually these sites will want an email address, a real mailing address, and possibly some banking info. After you give them all of that, simply choose a deposit option, enter the amount you wish to deposit, and get to the betting portion of the show!
Choose An Entertainment Betting Category To Browse
Once we figure out which category we would like to bet on, we can check out all of the bets that are available that relate to that specific topic. Some categories will have a large number of bets involved, and some will only have one. Most sites do not offer a large variety of categories, so it might be necessary to look on multiple sites to find what you are looking for.
Pick a Bet To Make
This is the fun part! Now we get to scroll around and look at all of the various options that the sites have to offer in the entertainment betting section. We recommend picking a bet that is part of a show or an event that you really would like to observe, in order to get maximum pleasure from the event.
Be sure to pay attention to the length of time that these bets are going to take to finish, as it could be quite an inconvenience if we accidentally make a bunch of bets that don't end for years. For more advice on how to conduct yourself during the betting phase, please refer to our article about simple tips to gambling online.
We hope you learned a lot of information that will help you to make good decisions that are personally rewarding, even though this form of gambling is generally not very beatable in the long-run. The name of the game in entertainment betting is just to be entertained and have fun, not to grind out a living.
Certainly there are some people who know an entertainment topic so well that they can make an educated guess better than other people can as to who will win certain contests. This is rare, but everyone who watches these shows and events has a dream that maybe they can make some money off of their time in front of the television, and who doesn't want that?!
Entertainment Betting FAQ
We know that you either still have questions or did not fully read the article, so we have compiled a list of frequently asked questions that might tickle your fancy. If you do not see your question listed here or mentioned anywhere in the article, feel free to contact us.