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Everything You Need to Know before Starting Entertainment Betting

Posted on November 25, 2020 by Natashia Broome

Frontrunners for television shows are very clever when it comes to drafting their scripts – and this goes for movie scriptwriters as well. They are very good at writing in fantastic cliffhangers which will leave you on the edge of your seat and, in the case of a television series, keep you coming back because you want to find out what’s going to happen with certain characters.

A lot of people have started to bet on the outcomes of various entertainment pieces – and are having a lot of fun doing this! Take a look.

What Is Entertainment Betting?

Entertainment betting involves betting on what you feel will be the outcome, from the Academy Awards to your favourite television show and everything in between. This type of betting has been around in Europe for many years and has only recently started to become popular in the United States.

There are a number of categories of entertainment betting that you are able to place bets in:

  1. Reality-TV

Love it or hate it, reality television has been around for the past two decades and shows no signs of fading. Actually, given the number of new reality TV shows that are popping up every single day, you’d be forgiven if you said that the industry is accelerating at a rate of knots.

Here are some of the shows that entertainment betting sites take bets on:

  • The Bachelor
  • Survivor
  • Dancing with the Stars
  • The Voice
  • The Amazing Race

  1. Films And Scripted Television

It’s quite self-explanatory how betting on the outcome of reality TV works; however, you can still bet on the outcomes of forthcoming seasons of your favourite TV shows or movie franchises. For example, are you betting the Meredith – in Greys Anatomy – will get together with McWidow or are you betting on her staying with Andrew and nursing him back to health?

  1. Major Awards Shows

Another popular form of entertainment betting is for people to bet on the outcomes of major awards shows such as the Academy Awards as well as the Grammys. Here, you’re able to be a bit more scientific as you can base your bets on the work that has been done by the various nominees, their track records, etc.

Awards shows that are available to bet on, besides the two mentioned above, are:

  • Golden Globes
  • BAFTA
  • Emmys
  • VMAs
  • Razzies

Entertainment betting – as with all types of betting – is not without its risks. This means that you should understand the odds behind each and every single type of bet and see whether or not you’re willing to take these on. Also, don’t place a bet on the outcome of a TV show or awards show just because you think of it. Carefully consider your timing as this could affect your eventual payout.

Remember that the name of the game is to have fun when you take part in entertainment betting, so keep this at the forefront of your mind whenever you decide to place a bet!

Posted in SportsTagged Entertainment Betting

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