Sports Betting 8357916284595113
The point spread's sole purpose is to even the betting in order that the total amount bet on the underdog is equal to the total amount bet on the favorite. The book makes its cash on the vigorish or juice. Therefore, should the amount bet on the underdog matches the total amount bet on the underdog, the book is guaranteed a 10% profit on half the bets made, regardless which team covers.
The top linesmakers are individuals who have a feel for exactly what the betting public believes. The betting line they set reflects the betting public's perception of the strength of the two teams. It won't necessarily reflect the true relative strengths of the two teams. And the sportsbook betting public's perception is usually wrong.
As soon as you understand that concept, everything else shall begin to fall into place. You shall have an advantage over most bettors.
Be objective. Listen to you head not your heart. Don't bet against the Cowboys just because you want to see them lose. And, don't bet on a team just because you like the team. And don't bet on your favorite team in the event that you are an avid fan. It's extremely difficult to be objective. Fans usually be overly optimistic about their favorite team or overly pessimistic if things are not going well.
Be consistent. Bet the exact same amount on each game. Some players bet $200 on games they think are locks and $100 on ones they are not so sure of. It's those not so sure of bets that rack up the losses. When you are uncertain about a game, do not bet it.
Should you bet on the home team? Generally no. On the flip side, if you're able to be objective, you've got an advantage. You probably know more about your home team than those in other parts of the country because the local media gives extensive coverage to the home team, coverage that is not shared with the rest of the country.
Look for Trends. If you spot a trend, factor that into your decision. Some teams have other teams' number. Within the last four years the 49ers have covered against the Rams 7 of 8 times and the one time they didn't, Young was hurt and they had to play Druckmiller, a rookie. In the last five years, Green Bay has lost 4 out the 5 games played in Detroit.
Trends are not guarantees. The pattern might not hold and you lose your bet. However, remember the point is to increase your chances of winning. Based upon past performance, if you bet on the 49ers to cover against the Rams, you are more very likely to win your bet than to lose.
Place your bets late in the week. By waiting before the end of the week, you are going to know about any injuries to key players that may affect how you bet. All too often, players are injured or aggravate an injury in practice. Or what seemed like a minor injury on Tuesday may turn out to be one that can keep the player out of the game. On top of that, weather conditions might affect your bet. Inclement weather often keeps the scoring down.
Limit the Number of Games You Bet. More is just not better. The optimum number appears to be 3 to six games. Any more and the winning percentages often decline since the law of averages comes into play. (The more games you play the better likely you are to have 50% winners and 50% losers. And that's a losing season, as a result of the juice.) Additionally, it's simpler to pay attention to a limited range of games.
Losing Streaks Happen. No matter what, you may count on a losing streak. It happens to handicappers, professional gamblers, casual bettors, and also books. Be well prepared to ride it out. If you are using Pro Predictor or a handicapping service, you must stick with it through the season in order to come out a winner. Leaving at the very first sign of a losing streak will guarantee you lose for the season. Suppose you drop out only to have the handicapper go 5 for 5 the next week. Those are 5 wins you will not have and also will affect your overall winning percentage.
Never Bet Against a Streak. This is a key to increasing your winning and decreasing your losses. Consider this a betting mantra. Say it over and over until it is firmly embedded in your mind. Never bet against a streak. And, for anyone who is going to bet on streaks, bet the streak will continue. And it will not matter whether or not the streak is a winning streak or possibly a losing streak. Ironically, logic will tell you that the odds of a streak continuing double with each additional week and you should bet against it. But there is a hidden trap.
Look at the following scenario: In week 10, you notice that Green Bay has covered for 4 weeks in a row. Should you bet that the streak will end? Simply, every week the odds against the streak continuing double.
Betting Against the Streak: You bet $100 against Green Bay covering in week 11. Sure enough, they fail to cover. You are $100 ahead. But what happens should they do cover as well as the streak continues. You're $110 in the hole. What do you do? Do you bet another $100 against the streak in week 12 because the odds against the streak continuing are even greater? Should you, as well as the streak ends, you win $100 and now are only $10 loser and that is the end of that. However, if the streak continues, you are now $220 within the hole. What do you do now? Do you bite the bullet and take your losses or do you fall into the trap of chasing your loses? Do you continue and try and get back several of your losses? Do you double up in an attempt to cover your loses? Do not do it. Doubling up is never a great idea. It really is another trap that may cause you to have huge losses and it is not worth the gamble.
Betting with the Streak: You bet $100 that Green Bay will cover again in week 11. Whenever they fail to cover, you've lost $110 and that's that, much like a regular straight bet. But what happens should they do cover and the streak continues. You are $100 to the good and if you continue to bet on the streak, the most you can lose is $10. If you bet another $100 with the streak in week 12 and the streak ends, learn online gambling - Ait`s statement on its official blog, your net losses are $10. Nevertheless, in the event the streak continues, you are guaranteed to come out at least $90 ahead and with each addition week the streak continues, you add another $100 to your winnings.
Consequently, if you bet against a streak, the most you may win is $100 but you the total amount you can lose is limited only through the length of the streak. If you bet with the streak, the most you may lose is $110, although the amount you can win is limited only through the length of the streak.