Beginners Betting Guide
2021年7月3日Register here: http://gg.gg/v8ghd
This is a beginners guide to football betting, written by a beginner!
*Online Betting Guide
*Sports Betting For Beginners
You might not know this about me, but whilst Ian is a football betting expert with a long history of placing football bets, I am not! I know the web and how to make things on it, but I don’t know a lot about football.
Sports Betting Odds Explained. To properly understand sports betting, you need to understand odds. They are an integral part of any sports wager, and they are used to determine whether a wager is worth making or not. The potential payout of any wager you place is calculated using a combination of the relevant odds and your stake. Usually, Bay Hill, which measures just over 7,400 yards for a par 72, is the longest course we will see during The Florida Swing, but The Concession took that title this year by a handful of yards.
I do love this site though, so I wanted to learn more about football betting so that I can better contribute to the conversations on it. I have been researching things for some time and thought I would write them up as a guide to football betting.
You might wonder why I didn’t ask Ian to write this guide, him being the expert, the truth is I thought it would be better coming from someone picking up the ropes. Ian knows so much he might assume you know something you don’t, I don’t know anything so that can’t happen!
Something that you might benefit from is ourfree tipster email course. It is a free email course that takes 7 days to complete and by the end of it you should be a bit of an expert!Some Football Betting Terms
I figured I would start off with some football betting terms.
*Stake – This is the amount of money you place on a bet, in other words the amount of money you stand to lose if you don’t win.
*Accumulator – A football accumulator is a series of single bets grouped together, if each of the bets comes off then the odds accumulate together. Normally when you hear of people putting a fiver on something and winning a couple of thousand it is because of accumulators. Because each bet needs to win though they can be risky.
*Handicap – This is a bet that is offered when one team is the clear favourite – Think Brazil vs your local old boys team! The handicap gives a small advantage to the underdog. For example, there may be a one goal head start given to the underdog. I am going to explain Handicapping more later in this article.
*Half Time/Full Time – This type of bet is split into two, when you predict the winner of the first half then of the entire game. So you could predict a draw at half time but for the home team to win by full time.
*Banker – This is basically the closet thing to a certainty as you can get, the tipster is very sure that the bet will land if they consider it a banker. For example we give banker tips to our members.
*Scorecast – This is when you bet on a player to score the first goal along with predicting the correct score.
*Wincast – Very similar to a scorecast but you bet on a player to score and then predict the winner of the game.
*90 Minute Betting – This is mentioned a lot when people bet on individual players (maybe as goal scorers) normally if the player doesn’t make an appearance the bet is called off, but if the player appears during the normal 90 minutes of the game they are eligible for the bet.
*24 Hour Rule – Most betting websites have a rule like this where if a match is postponed the bet only becomes void if the match doesn’t get played within a 24 hour period. So for example if a match was just put back 2 hours the bet would still stand.
*Over/Under – Overs and Unders are when you bet on the amount of goals being scored, normally it will be over or under an amount, for example over 2.5 means if there are 3 or more goals. Under 2.5 would be 0, 1, or 2 goals being scored.
*DNB – This stands for Draw No Bet. What this means is if the score is a draw you get your money back for your bet. This can be seen as a safer option but you should understand that the odds are usually lower when this is selected.
*Double Chance – A Double Chance bet is one where you pick a winner and if they win OR it is a draw, you win the bet. If the team you pick loses then you lose the bet. Like DNB the odds are generally lower but it is a safer bet as a result.
*Bankroll – how much money you have to bet with. We’ve written more about what the bankroll is.Handicaps
Handicaps are something that confused the heck out of me for the longest time, so I want to spend a while looking at them in detail. This is such a common question that I have written up a guide to the Asian and European handicapping.
Want to learn how to be an expert football bettor for free?Accumulators Vs Singles
These are the two most common way to place bets these days so I wanted to cover them in a little detail. We don’t hide that fact that Ian prefers singles but that doesn’t help you if you don’t know the main differences.
When you bet with an accumulator, all your bets need to win in order for you to be able to claim the money. This makes it much harder to win but of course the reward is far greater. As a new football bettor it is very tempting to bet on accumulators because you could see your £10 stake spiral into big bucks pretty quick.
Singles on the other hand are not effected by other bets. So if I place £10 on three different matches as singles and 2 of them come in, then I make money on those two bets. The odds aren’t as good if I was to role up all my bets into an accumulator, but the odds of me walking away with some money are much higher.
The main advice here is to find what it right for you. Just because some people swear by accumulators and others swear by singles doesn’t mean you should listen to the loudest voice. Do some research, maybe put some small stakes on a few different ways and see what felt good and what had a good return on your investment.Getting your way with the bookies
Something you will encounter when you start football betting is a range of different online and offline bookmakers. All will have their own way of dealing with things and all will want you to work with them differently. This can seem daunting but we’ve written up a guide on what to look out for and how to state your case if you think a bookmaker has wronged you.Generally accepted good tips
A guide to football betting wouldn’t be complete without sharing some good tips! Here are some generally accepted good tips that I have gleaned from my research and also from interviewing football tipsters!Don’t bet with your heart, bet with your head
This means don’t bet because you want a team to win, bet because you think they will win!
Likewise don’t bet against teams you don’t like just because you don’t like them, bet against them because you think they are going to lose.Try not to get greedy
There are two things I have caught myself doing related to being greedy, the first is adding extra teams into an accumulator just because it will bump up my maximum payout. This is almost always a terrible idea!
The second thing I have done is bet more money on a team than I initially was going to. You should have a plan for how much you are going to bet and stick to it.Have patience
You are not going to win every bet, if you want to become successful at betting on football you need to be patient and pick the right bets for you.Never bet more than you can afford to lose
Before I place a bet I always think about the money I am going to be placing on it and think, if I were to lose this money right now would I be OK with that. If the answer is no I won’t place the bet.Seek help if football betting is becoming a problem
If you think gambling might be becoming a problem for you then my advice is to seek help. GambleAware might be worth a visit!Don’t bet on friendlies
They are too unpredictable, you don’t know how much effort the respective teams are putting in and reserve players may get an outing that you weren’t counting on.
If the friendlies are before the start of a new season (they often are) players will be very aware to not pick up any injuries so might not play as hard as they normally do.Know Team Motivation
What I mean by this is that two teams can look a certain way on paper, but if one of those teams has already won the league and the other is fighting to stay in the league there is a very good chance that the team good on paper will be on auto pilot whilst the team playing to stay out of relegation is going to be fighting for their life!Some North American football betting terms
If you’re visiting our site from North America then some of the terms I highlighted at the start might be confusing. Here is a quick translation.
*Locks – are what we call “bankers”
*Parlays – are what we call “accumulators”
*Straight Bets – are what we call “singles”
*Wagering Event – are what we call “fixtures”Questions about our guide to football betting?
If ever there was a post to comment on with your questions this would be it! The only stupid question is the one not asked.
We’re also really keen on hearing where we can improve this article, so if you still have questions or something wasn’t clear, it was because we’ve done a bad job and we would love you to tell us how to do better.
If you’re hungry for more, I can highly recommend our free email course.Know someone who would benefit from a beginners guide to football betting?
Unfortunately a lot of money is wasted because people place bets without really knowing too much about what they are doing. If you know someone like that please feel free to share this with them. The social media share links are below if you’d like to share on Facebook etc.Next Steps
If you feel confident enough to start actually betting on football matches, then might I suggest you sign up as a member, or perhaps register with a good online bookies.
You can get a sample of our free tips here.Want to read more?
Over the past few months, we’ve posted quite a few articles on sports betting. We posted three guides to cover the basics on handicapping baseball, basketball and football, but these didn’t nearly cover everything a beginner would need to know. We’ve also posted articles that cover basic terms, as well as other assorted betting tips.
But we realized that, to some bettors, the number of articles on the basics might present a problem. It’s a lot of information to keep track of without having it all in one place. In addition, we also like to post articles offering pro tips, whether about certain sports or simply about how sportsbooks are run. When posting these types of articles, we don’t want to risk alienating our more experienced clients by having to stop and rehash some of the basics that have already been covered elsewhere.
So we’ve decided to cover all of the basics in one fell swoop, with a complete guide to betting on sports. This will combine some information that has been covered previously, such as tips about finding a decent sportsbook or about how to manage your money efficiently, while also providing some new information that we’ve wanted to cover for a while. This is going to be a pretty long guide, but we suggest that novice bettors make sure to bookmark it. This information will almost definitely prove useful to you as you get your start.
Of course, with our handicapping consulting services, it isn’t that hard to make a profit through sports betting. But you will still want to know the following basics if you don’t want to get lost in a sea of numbers and tricky decisions. With that said, let’s dig in.1. Start By Asking Yourself Some Personal Questions
And try to come up with some better answers than this guy did. (GPointStudio/Shutterstock)Is Sports Betting Right For You?
If you’re looking at this type of guide for the first time, you might still be on the fence about sports betting. You might feel lured in by the promise of winning, while your more practical side is screaming at you that the threat of losing is simply too great to risk it. And that’s why you’re going to have to do some soul-searching before you even bother with the rest of this guide.
Now, there are some circumstances under which we absolutely would not suggest for you to engage in the practice of sports betting. For instance, if you don’t have much money and are thinking that sports betting will act as some sort of “get rich quick” scheme, then you might want to turn the other way. You can make a lot of money on sports betting, but no one wins every time. You also wind up with a lot of your money stuck in venture if you’re betting through online sportsbooks, so even those who get rick may not always do so quickly.
More importantly, however, is whether or not you are the type of person who is likely to develop a gambling addiction. While it is often our opinion that sports betting is different from other types of gambling, those with particularly addictive personalities may still be likely to spend too much and hurt their financial lives in the process. If you have a family (or even if you’d like to), then this risk is especially worrisome. So whether or not you have a decent bankroll, stop and think about whether or not you are the type of person who is able to bet responsibly.
Now, let’s say that you have a fair bit of money and you are not too worried about becoming an addict. You might think that you’re in the clear, but if so then you’re forgetting that sports betting is not legal in all states. And in some places where it is legal, there are certain rules regarding what you can and cannot place bets on. Now, since many sportsbooks are online and not situated in one physical location, these rules might be bendable for some.
But you ultimately have to figure out whether or not betting is even remotely legal for you, and then decide whether or not you are comfortable with the idea from an ethical standpoint. After all, even if it’s legal and you are not at risk of addiction or excessive financial loss, some of your friends and family might not approve. It’s up to you whether or not you’re the type of person who can feel comfortable without their endorsement of your activities.Why Do You Want to Bet on Sports?
Once you’ve taken the time to decide whether or not sports betting is something to which you’d like to dedicate your time, you still have to do some thinking about why you have decided to take up the hobby of sports betting. There are some professional sports bettors out there, people who make a great deal of their income from this hobby alone. Are you hoping to be one of them? Or are you just in it for the excitement?
The answer to this question will likely determine how you go about betting in the first place. If you just want a bit of extra money and don’t care about the experience, then you might just sign up for our service, follow our picks, and not give it another thought. Heck, you might not even watch the games you’ve wagered on, and just wait to look up the scores and see if you made any money. You have the option of putting forth very little effort. Of course, this isn’t the most exciting way to go about it by any means whatsoever.
If you’re in it because you want to engage yourself in a fun and exciting new hobby, then you’re going to bet much differently. You might enjoy doing research on each team, to the extent that you bet on some games without looking to see which picks we’ve offered. You might occasionally bet more of your bankroll then we’ve suggested (if you have the money to do so, of course). And if you choose to watch the games, you’re likely to be holding your breath every second, utterly enthralled by every movement of the players as they bring you either nearer to or further from victory.
There are pros and cons to each of the types of bettors we’ve described above. Those who are in it for the excitement will sometimes lose more than they can afford, whereas those who do not engage themselves in the process will make a bit of money but will not necessarily enjoy it. If you can, it doesn’t hurt to aim somewhere in the middle. You want to be engaged, but don’t allow yourself to mismanage your bankroll. Do your research (as we will outline below), and if you’re paying for our services then by all means use them. Don’t let a fun hobby go to waste because you were either too excited to get involved or too impartial to really benefit from the joy of winning.2. Fundamentals of the Sports Betting Process
These next few steps are the building blocks you must put together to become a true sports bettor. (4volt)Reading the Lines on the Sportsbooks
The first of the basics you will have to learn if you want to be a sports bettor is how to read the lines. The most important lines will be determined by the sport upon which you are betting. For instance, in baseball and hockey, most sports betting is done by the money lines. In basketball and football, most bets usually pertain to the point spreads. There are also numbers known as the over/under or O/U, which more casual bettors will generally refer to as totals.
There are two ways in which you’ll usually see money lines written. The one you’ll see most commonly is the American system, but there’s also a decimal system that you may run into on occasion. We’re going to go ahead and cover both, along with how to convert them so that you never have to worry about which system your sportsbook of choice has decided to use. We will also tell you how to figure out implied win rates and lines no-juice lines. We’ve bolded each major point in this section, so that you may scroll past any information you already know.
We’ll start with American lines, which can be confusing to those who are new to sports betting. Lines written in this fashion may seem counterintuitive to many beginners, largely because positive numbers actually indicate which team is expected to lose, whereas negative numbers signify that the team in question is favored by the sportsbook. So if the Texas Rangers are given a money line of +120 in a game that has the Miami Marlins listed at -130, then the Marlins are favored while the Rangers are considered to be an underdog.
Now that you understand what the plus and minus signs represent, it’s time to talk about the meat of the issue: what the numbers mean. To understand this, think of everything in terms of $100. If you’re betting on the Marlins in the example above, you’d have to put up $130 to win an extra $100. However, if you’re betting on the underdog in the example above, you’d have to lay down $100 to potentially make an extra $120. That isn’t to say that you’re actually required to bet that much, but this gives you an idea regarding the ratios. So if you bet $40 on the Rangers, you could potentially make back $48.
Either way, you’d be making less in winnings than you would risk if you bet on the Marlins, because it doesn’t benefit the sportsbooks to offer more returns on teams they expect to lose. The extra money you have to put down
https://diarynote-jp.indered.space
This is a beginners guide to football betting, written by a beginner!
*Online Betting Guide
*Sports Betting For Beginners
You might not know this about me, but whilst Ian is a football betting expert with a long history of placing football bets, I am not! I know the web and how to make things on it, but I don’t know a lot about football.
Sports Betting Odds Explained. To properly understand sports betting, you need to understand odds. They are an integral part of any sports wager, and they are used to determine whether a wager is worth making or not. The potential payout of any wager you place is calculated using a combination of the relevant odds and your stake. Usually, Bay Hill, which measures just over 7,400 yards for a par 72, is the longest course we will see during The Florida Swing, but The Concession took that title this year by a handful of yards.
I do love this site though, so I wanted to learn more about football betting so that I can better contribute to the conversations on it. I have been researching things for some time and thought I would write them up as a guide to football betting.
You might wonder why I didn’t ask Ian to write this guide, him being the expert, the truth is I thought it would be better coming from someone picking up the ropes. Ian knows so much he might assume you know something you don’t, I don’t know anything so that can’t happen!
Something that you might benefit from is ourfree tipster email course. It is a free email course that takes 7 days to complete and by the end of it you should be a bit of an expert!Some Football Betting Terms
I figured I would start off with some football betting terms.
*Stake – This is the amount of money you place on a bet, in other words the amount of money you stand to lose if you don’t win.
*Accumulator – A football accumulator is a series of single bets grouped together, if each of the bets comes off then the odds accumulate together. Normally when you hear of people putting a fiver on something and winning a couple of thousand it is because of accumulators. Because each bet needs to win though they can be risky.
*Handicap – This is a bet that is offered when one team is the clear favourite – Think Brazil vs your local old boys team! The handicap gives a small advantage to the underdog. For example, there may be a one goal head start given to the underdog. I am going to explain Handicapping more later in this article.
*Half Time/Full Time – This type of bet is split into two, when you predict the winner of the first half then of the entire game. So you could predict a draw at half time but for the home team to win by full time.
*Banker – This is basically the closet thing to a certainty as you can get, the tipster is very sure that the bet will land if they consider it a banker. For example we give banker tips to our members.
*Scorecast – This is when you bet on a player to score the first goal along with predicting the correct score.
*Wincast – Very similar to a scorecast but you bet on a player to score and then predict the winner of the game.
*90 Minute Betting – This is mentioned a lot when people bet on individual players (maybe as goal scorers) normally if the player doesn’t make an appearance the bet is called off, but if the player appears during the normal 90 minutes of the game they are eligible for the bet.
*24 Hour Rule – Most betting websites have a rule like this where if a match is postponed the bet only becomes void if the match doesn’t get played within a 24 hour period. So for example if a match was just put back 2 hours the bet would still stand.
*Over/Under – Overs and Unders are when you bet on the amount of goals being scored, normally it will be over or under an amount, for example over 2.5 means if there are 3 or more goals. Under 2.5 would be 0, 1, or 2 goals being scored.
*DNB – This stands for Draw No Bet. What this means is if the score is a draw you get your money back for your bet. This can be seen as a safer option but you should understand that the odds are usually lower when this is selected.
*Double Chance – A Double Chance bet is one where you pick a winner and if they win OR it is a draw, you win the bet. If the team you pick loses then you lose the bet. Like DNB the odds are generally lower but it is a safer bet as a result.
*Bankroll – how much money you have to bet with. We’ve written more about what the bankroll is.Handicaps
Handicaps are something that confused the heck out of me for the longest time, so I want to spend a while looking at them in detail. This is such a common question that I have written up a guide to the Asian and European handicapping.
Want to learn how to be an expert football bettor for free?Accumulators Vs Singles
These are the two most common way to place bets these days so I wanted to cover them in a little detail. We don’t hide that fact that Ian prefers singles but that doesn’t help you if you don’t know the main differences.
When you bet with an accumulator, all your bets need to win in order for you to be able to claim the money. This makes it much harder to win but of course the reward is far greater. As a new football bettor it is very tempting to bet on accumulators because you could see your £10 stake spiral into big bucks pretty quick.
Singles on the other hand are not effected by other bets. So if I place £10 on three different matches as singles and 2 of them come in, then I make money on those two bets. The odds aren’t as good if I was to role up all my bets into an accumulator, but the odds of me walking away with some money are much higher.
The main advice here is to find what it right for you. Just because some people swear by accumulators and others swear by singles doesn’t mean you should listen to the loudest voice. Do some research, maybe put some small stakes on a few different ways and see what felt good and what had a good return on your investment.Getting your way with the bookies
Something you will encounter when you start football betting is a range of different online and offline bookmakers. All will have their own way of dealing with things and all will want you to work with them differently. This can seem daunting but we’ve written up a guide on what to look out for and how to state your case if you think a bookmaker has wronged you.Generally accepted good tips
A guide to football betting wouldn’t be complete without sharing some good tips! Here are some generally accepted good tips that I have gleaned from my research and also from interviewing football tipsters!Don’t bet with your heart, bet with your head
This means don’t bet because you want a team to win, bet because you think they will win!
Likewise don’t bet against teams you don’t like just because you don’t like them, bet against them because you think they are going to lose.Try not to get greedy
There are two things I have caught myself doing related to being greedy, the first is adding extra teams into an accumulator just because it will bump up my maximum payout. This is almost always a terrible idea!
The second thing I have done is bet more money on a team than I initially was going to. You should have a plan for how much you are going to bet and stick to it.Have patience
You are not going to win every bet, if you want to become successful at betting on football you need to be patient and pick the right bets for you.Never bet more than you can afford to lose
Before I place a bet I always think about the money I am going to be placing on it and think, if I were to lose this money right now would I be OK with that. If the answer is no I won’t place the bet.Seek help if football betting is becoming a problem
If you think gambling might be becoming a problem for you then my advice is to seek help. GambleAware might be worth a visit!Don’t bet on friendlies
They are too unpredictable, you don’t know how much effort the respective teams are putting in and reserve players may get an outing that you weren’t counting on.
If the friendlies are before the start of a new season (they often are) players will be very aware to not pick up any injuries so might not play as hard as they normally do.Know Team Motivation
What I mean by this is that two teams can look a certain way on paper, but if one of those teams has already won the league and the other is fighting to stay in the league there is a very good chance that the team good on paper will be on auto pilot whilst the team playing to stay out of relegation is going to be fighting for their life!Some North American football betting terms
If you’re visiting our site from North America then some of the terms I highlighted at the start might be confusing. Here is a quick translation.
*Locks – are what we call “bankers”
*Parlays – are what we call “accumulators”
*Straight Bets – are what we call “singles”
*Wagering Event – are what we call “fixtures”Questions about our guide to football betting?
If ever there was a post to comment on with your questions this would be it! The only stupid question is the one not asked.
We’re also really keen on hearing where we can improve this article, so if you still have questions or something wasn’t clear, it was because we’ve done a bad job and we would love you to tell us how to do better.
If you’re hungry for more, I can highly recommend our free email course.Know someone who would benefit from a beginners guide to football betting?
Unfortunately a lot of money is wasted because people place bets without really knowing too much about what they are doing. If you know someone like that please feel free to share this with them. The social media share links are below if you’d like to share on Facebook etc.Next Steps
If you feel confident enough to start actually betting on football matches, then might I suggest you sign up as a member, or perhaps register with a good online bookies.
You can get a sample of our free tips here.Want to read more?
Over the past few months, we’ve posted quite a few articles on sports betting. We posted three guides to cover the basics on handicapping baseball, basketball and football, but these didn’t nearly cover everything a beginner would need to know. We’ve also posted articles that cover basic terms, as well as other assorted betting tips.
But we realized that, to some bettors, the number of articles on the basics might present a problem. It’s a lot of information to keep track of without having it all in one place. In addition, we also like to post articles offering pro tips, whether about certain sports or simply about how sportsbooks are run. When posting these types of articles, we don’t want to risk alienating our more experienced clients by having to stop and rehash some of the basics that have already been covered elsewhere.
So we’ve decided to cover all of the basics in one fell swoop, with a complete guide to betting on sports. This will combine some information that has been covered previously, such as tips about finding a decent sportsbook or about how to manage your money efficiently, while also providing some new information that we’ve wanted to cover for a while. This is going to be a pretty long guide, but we suggest that novice bettors make sure to bookmark it. This information will almost definitely prove useful to you as you get your start.
Of course, with our handicapping consulting services, it isn’t that hard to make a profit through sports betting. But you will still want to know the following basics if you don’t want to get lost in a sea of numbers and tricky decisions. With that said, let’s dig in.1. Start By Asking Yourself Some Personal Questions
And try to come up with some better answers than this guy did. (GPointStudio/Shutterstock)Is Sports Betting Right For You?
If you’re looking at this type of guide for the first time, you might still be on the fence about sports betting. You might feel lured in by the promise of winning, while your more practical side is screaming at you that the threat of losing is simply too great to risk it. And that’s why you’re going to have to do some soul-searching before you even bother with the rest of this guide.
Now, there are some circumstances under which we absolutely would not suggest for you to engage in the practice of sports betting. For instance, if you don’t have much money and are thinking that sports betting will act as some sort of “get rich quick” scheme, then you might want to turn the other way. You can make a lot of money on sports betting, but no one wins every time. You also wind up with a lot of your money stuck in venture if you’re betting through online sportsbooks, so even those who get rick may not always do so quickly.
More importantly, however, is whether or not you are the type of person who is likely to develop a gambling addiction. While it is often our opinion that sports betting is different from other types of gambling, those with particularly addictive personalities may still be likely to spend too much and hurt their financial lives in the process. If you have a family (or even if you’d like to), then this risk is especially worrisome. So whether or not you have a decent bankroll, stop and think about whether or not you are the type of person who is able to bet responsibly.
Now, let’s say that you have a fair bit of money and you are not too worried about becoming an addict. You might think that you’re in the clear, but if so then you’re forgetting that sports betting is not legal in all states. And in some places where it is legal, there are certain rules regarding what you can and cannot place bets on. Now, since many sportsbooks are online and not situated in one physical location, these rules might be bendable for some.
But you ultimately have to figure out whether or not betting is even remotely legal for you, and then decide whether or not you are comfortable with the idea from an ethical standpoint. After all, even if it’s legal and you are not at risk of addiction or excessive financial loss, some of your friends and family might not approve. It’s up to you whether or not you’re the type of person who can feel comfortable without their endorsement of your activities.Why Do You Want to Bet on Sports?
Once you’ve taken the time to decide whether or not sports betting is something to which you’d like to dedicate your time, you still have to do some thinking about why you have decided to take up the hobby of sports betting. There are some professional sports bettors out there, people who make a great deal of their income from this hobby alone. Are you hoping to be one of them? Or are you just in it for the excitement?
The answer to this question will likely determine how you go about betting in the first place. If you just want a bit of extra money and don’t care about the experience, then you might just sign up for our service, follow our picks, and not give it another thought. Heck, you might not even watch the games you’ve wagered on, and just wait to look up the scores and see if you made any money. You have the option of putting forth very little effort. Of course, this isn’t the most exciting way to go about it by any means whatsoever.
If you’re in it because you want to engage yourself in a fun and exciting new hobby, then you’re going to bet much differently. You might enjoy doing research on each team, to the extent that you bet on some games without looking to see which picks we’ve offered. You might occasionally bet more of your bankroll then we’ve suggested (if you have the money to do so, of course). And if you choose to watch the games, you’re likely to be holding your breath every second, utterly enthralled by every movement of the players as they bring you either nearer to or further from victory.
There are pros and cons to each of the types of bettors we’ve described above. Those who are in it for the excitement will sometimes lose more than they can afford, whereas those who do not engage themselves in the process will make a bit of money but will not necessarily enjoy it. If you can, it doesn’t hurt to aim somewhere in the middle. You want to be engaged, but don’t allow yourself to mismanage your bankroll. Do your research (as we will outline below), and if you’re paying for our services then by all means use them. Don’t let a fun hobby go to waste because you were either too excited to get involved or too impartial to really benefit from the joy of winning.2. Fundamentals of the Sports Betting Process
These next few steps are the building blocks you must put together to become a true sports bettor. (4volt)Reading the Lines on the Sportsbooks
The first of the basics you will have to learn if you want to be a sports bettor is how to read the lines. The most important lines will be determined by the sport upon which you are betting. For instance, in baseball and hockey, most sports betting is done by the money lines. In basketball and football, most bets usually pertain to the point spreads. There are also numbers known as the over/under or O/U, which more casual bettors will generally refer to as totals.
There are two ways in which you’ll usually see money lines written. The one you’ll see most commonly is the American system, but there’s also a decimal system that you may run into on occasion. We’re going to go ahead and cover both, along with how to convert them so that you never have to worry about which system your sportsbook of choice has decided to use. We will also tell you how to figure out implied win rates and lines no-juice lines. We’ve bolded each major point in this section, so that you may scroll past any information you already know.
We’ll start with American lines, which can be confusing to those who are new to sports betting. Lines written in this fashion may seem counterintuitive to many beginners, largely because positive numbers actually indicate which team is expected to lose, whereas negative numbers signify that the team in question is favored by the sportsbook. So if the Texas Rangers are given a money line of +120 in a game that has the Miami Marlins listed at -130, then the Marlins are favored while the Rangers are considered to be an underdog.
Now that you understand what the plus and minus signs represent, it’s time to talk about the meat of the issue: what the numbers mean. To understand this, think of everything in terms of $100. If you’re betting on the Marlins in the example above, you’d have to put up $130 to win an extra $100. However, if you’re betting on the underdog in the example above, you’d have to lay down $100 to potentially make an extra $120. That isn’t to say that you’re actually required to bet that much, but this gives you an idea regarding the ratios. So if you bet $40 on the Rangers, you could potentially make back $48.
Either way, you’d be making less in winnings than you would risk if you bet on the Marlins, because it doesn’t benefit the sportsbooks to offer more returns on teams they expect to lose. The extra money you have to put down
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