Bet On Sports Like A Pro

Bet On Sports Like A Pro

Sports betting is​ a​ challenging form of​ betting and​ despite its seeming lack of​ strategy and​ complete reliance on knowledge of​ the​ event, good sports betting actually relies on a​ great deal of​ strategy which must be used in​ order to​ win. the​ most important tactics involve a​ close analysis of​ the​ information upon which a​ sound judgment must be based and​ thereafter the​ bet must be placed. a​ winning strategy takes a​ few salient factors into account which are:

1. The amount of​ the​ bid

2. The kind of​ bet

3. The odds on offer

Sportsbooks in​ the​ US and​ Bookmakers in​ UK are entities that accept sports bets. the​ bets can be placed predicting the​ outcome of​ several sporting events like Baseball, Snooker, Basketball, Hockey, Soccer, Football, Tennis and​ hundreds of​ other sports and​ atheletic activities. Just to​ cover some basic definitions: a​ sportsbook is​ the​ one that accepts the​ sports bet. an​ oddsmaker is​ the​ one who sets the​ odds of​ betting.

Betting the​ Odds
In order to​ place a​ bet, you must first select the​ type of​ bet and​ the​ amount you will wager. This naturally will depend upon the​ odds that are being offered. Before you go ahead and​ place the​ bet, carefully scrutinize the​ range of​ available odds.

The odds must be in​ the​ ratio of​ at​ least 2:1 for​ the​ bet to​ be worthwhile. Another factor that must be taken into account is​ the​ amount being given by way of​ commission to​ the​ sports-book. This ideally should be a​ minimal percentage of​ the​ total value of​ the​ odds.

Given below is​ a​ list of​ some common kinds of​ bets:

1. Single or​ Straight Bet: This is​ betting in​ its most basic form and​ allows you to​ bet at​ given odds, upon a​ winner.

2. Point Spread: Under this bet one can bet on one of​ two selections that have been equated through the​ allocation of​ suitable points. in​ the​ Point Spread the​ number of​ allocated points are shown with a​ + sign for​ the​ favorable side and​ a​ – sign for​ the​ underdog. in​ order that the​ better wins, the​ favored team must win by more than the​ Point Spread. On the​ flip side, if​ a​ bet has been placed on the​ underdog, that team has to​ lose by less than the​ Point Spread for​ the​ better to​ win.

3. Buy Points: This involves moving the​ Point Spread positively, by paying a​ price.

4. The Moneyline: This type of​ bet is​ simply on who will win. it​ establishes the​ odds for​ each side but is​ the​ reverse of​ the​ Point Spread, with a​ – sign standing for​ the​ favorite and​ the​ + sign for​ the​ underdog.

5. Total Bet: This is​ similar to​ point spread bets, only in​ that the​ better bets on the​ total points scored.

6. Over/ Under: This is​ a​ bet as​ per which the​ number of​ points scored by the​ teams in​ any game will be beyond/ over or​ below/ under the​ total set by the​ oddsmaker.

7. Parlay of​ Accumulator: This is​ a​ way of​ betting on multiple sporting events in​ the​ hope that a​ big payoff will be made if​ all win. the​ picks made are in​ relation to​ the​ point spread. Even if​ one event does not win or​ draw, the​ better loses the​ entire bet. Huge amounts can be made through parlay betting, in​ the​ event of​ a​ win.

8. Teaser: a​ teaser is​ similar to​ a​ parlay, however it​ has the​ option of​ adding or​ taking off points from one or​ more than one Spread bets. the​ odds depend upon the​ number of​ points the​ spread is​ moved as​ well as​ upon the​ number of​ teams that are combined to​ form the​ teaser.

9. Futures: These are bets on who will win the​ championship in​ the​ event that there are more than two possible teams to​ bet on. Substantial variations between sportbooks exist in​ house edge on futures.

10. Buying Half a​ Point: in​ this, the​ straight bet player gets the​ option of​ moving the​ point spread half point to​ his advantage. the​ most appropriate time to​ buy a​ half point is​ when one team is​ favored by 2.5, 3, 6.5 or​ 7 in​ football. This is​ primarily due to​ the​ fact that several games end in​ a​ 3 or​ 7 point difference. the​ extra half point may end up turning a​ loss to​ a​ draw or​ a​ draw to​ a​ win.

Of all these types of​ bets, three types of​ bets are prominent and​ must be used for​ the​ simple reason that they are simple themselves, are easy to​ win and​ have a​ good chance of​ winning. These are the​ Straight bet, the​ Doubles and​ the​ Future.

Here are a​ few Betting tips that will help you to​ place the​ Best Bets and​ push you towards a​ big win, they are:

1. Always make an​ intelligent analysis of​ the​ odds and​ the​ offer of​ the​ bet.

2. For a​ simple bet, stick to​ the​ Straight bet as​ it​ is​ non-complicated and​ has good winning prospects.

3. Bet wisely by keeping your selections limited. Also try to​ limit the​ influence of​ bias in​ your betting. if​ you are a​ fan of​ a​ team try to​ limit the​ effect of​ that favoritism when betting.

4. One of​ the​ most rewarding bets is​ the​ ‘Future’ bet but only if​ you know a​ lot about the​ sport being played and​ about the​ players.

5. By betting regularly though systematically and​ in​ an​ analytical manner, one can improve your judgmental ability.

6. Contain the​ urge to​ bet with you winnings immediately. if​ you do not follow the​ standard rule of​ 50%, at​ least put some of​ your winnings back into your pocket.

7. Make sure your sportsbook is​ a​ member of​ a​ known Gambling Association, makes a​ quick payment and​ is​ easily accessible. Read in​ between the​ lines, about matters pertaining to​ disputes.

8. Train yourself to​ look for​ value odds – you will master this art soon, with time and​ practice.

9. If deciding between two seemingly equivalent choices, trust your judgment and​ not that of​ those who have bet before you. in​ so doing, choose a​ selection with a​ little higher risk so as​ to​ hike up the​ winnings.

10. Bet on games and​ leagues where the​ sportsbook’s commission is​ the​ least. This is​ often in​ the​ sport or​ sports with which that sportsbook does most of​ its business, as​ it​ is​ likely the​ most efficient in​ that area.

Bet On Sports Like A Pro

Related Posts:

Powered by Blogger.