Sportsbetting 101
Recommended Reading Posted by BG Sports
2008-11-17 18:02:39
One of the great features for those who enjoy handicapping sporting events is the ability to bet sports over the Internet. There are several sites that enable sports betting and you can bet on anything from who will win a boxing match to how many touchdowns the Steelers will give up in the first half. If you’re going to bet sports, you should do so wisely. To be successful at betting you can find a lot of useful tips online, in everything from sport articles to casino blogs.
Do Your Research
If you want to have any chance of consistent success when betting sports, you have to do your research. Search for related gambling articles online, and stay updated to the world of sports. Is the star quarterback for one team injured?
Does the weather forecast call for rain? Is Team A undefeated at home? The more you know about the teams or players involved, the better chance you have of making a good bet.
Understand Your Options
A popular way to bet sports is using spreads. Spreads are essentially points given to the weaker team to even things out. If the Cowboys are a 12 point favorite over Pittsburgh, the Cowboys must win by more than 12 points for a bet on the Cowboys to win.
However, in games without traditional scoring, spreads do not work. You cannot give points to a tennis player or a boxer. In this case, money lines are preferable.
With a money line, you need to bet a certain amount to win different amount. For instance if the money line on Real Madrid vs. Manchester United is -120 to +90, you’ll need to bet $120 on Madrid to win $90 if they win the game.
Understand the Vig
Sports betting parlors don’t make money by gambling. They make money by taking a percentage from losing bets. This is the vig. For example, if you bet $100, you may win $100 if you win, but lose $105 if you lose. This extra amount is essentially the site’s “cut” for booking the bet.
Bet With Your Head
Never bet more than you can afford to lose. There is no such thing as a sure thing in sports betting and a fluke loss can be extremely costly if you let it. Set aside a specific amount for sports betting each month, and if you lose it, wait until next month to bet again.
Recommended Reading Posted by BG Sports
2008-11-17 18:02:39
One of the great features for those who enjoy handicapping sporting events is the ability to bet sports over the Internet. There are several sites that enable sports betting and you can bet on anything from who will win a boxing match to how many touchdowns the Steelers will give up in the first half. If you’re going to bet sports, you should do so wisely. To be successful at betting you can find a lot of useful tips online, in everything from sport articles to casino blogs.
Do Your Research
If you want to have any chance of consistent success when betting sports, you have to do your research. Search for related gambling articles online, and stay updated to the world of sports. Is the star quarterback for one team injured?
Does the weather forecast call for rain? Is Team A undefeated at home? The more you know about the teams or players involved, the better chance you have of making a good bet.
Understand Your Options
A popular way to bet sports is using spreads. Spreads are essentially points given to the weaker team to even things out. If the Cowboys are a 12 point favorite over Pittsburgh, the Cowboys must win by more than 12 points for a bet on the Cowboys to win.
However, in games without traditional scoring, spreads do not work. You cannot give points to a tennis player or a boxer. In this case, money lines are preferable.
With a money line, you need to bet a certain amount to win different amount. For instance if the money line on Real Madrid vs. Manchester United is -120 to +90, you’ll need to bet $120 on Madrid to win $90 if they win the game.
Understand the Vig
Sports betting parlors don’t make money by gambling. They make money by taking a percentage from losing bets. This is the vig. For example, if you bet $100, you may win $100 if you win, but lose $105 if you lose. This extra amount is essentially the site’s “cut” for booking the bet.
Bet With Your Head
Never bet more than you can afford to lose. There is no such thing as a sure thing in sports betting and a fluke loss can be extremely costly if you let it. Set aside a specific amount for sports betting each month, and if you lose it, wait until next month to bet again.
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