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Sports Booking Suggestions

by Nichole Lefroy (2019-12-27)

The point spread's sole purpose is to even the betting to ensure that the total amount bet on the underdog is equal to the total amount bet on the favorite. The book makes its money on the vigorish or juice. So, in the event the amount bet on the underdog matches the amount bet on the underdog, the book is guaranteed a 10% profit on half the bets made, regardless which team covers.

The very best linesmakers are many 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 2 teams. It does not necessarily reflect the true relative strengths of the 2 teams. And also the sportsbook betting public's perception is usually wrong.

When you know that concept, anything else will begin to fall into place. You will have an edge over most bettors.

Be objective. Listen to you head not your heart. Don't bet against the Cowboys simply because you want to see them lose. And, do not bet on a team simply because you like the team. And don't bet on your favorite team in the event that you are an avid fan. It's almost not possible to be objective. Fans have a tendency to be overly optimistic about their favorite team or overly pessimistic if things are not going well.

Be consistent. Bet the 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. For anyone who is uncertain about a game, don't bet it.

Should you bet on the home team? Generally no. In contrast, if you can be objective, you have an edge. You probably know more about your home team than those in other parts of the country since 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 did not, 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 also you lose your bet. Yet, remember the idea is to increase your chances of winning. According to past performance, if you bet on the 49ers to cover against the Rams, you are more more likely to win your bet than to lose.

Place your bets late in the week. By waiting before the end of the week, you will know about any injuries to key players which may affect the way you bet. Normally, players are injured or aggravate an injury in practice. Or what seemed like a minor injury on Tuesday may turn out to be one which will keep the player out of the game. Furthermore, weather conditions might affect your bet. Inclement weather often keeps the scoring down.

Limit the Number of Games You Bet. More is not better. The optimum number seems to be 3 to 6 games. Anymore and also the winning percentages often decline since the law of averages is needed. (The more games you play the more likely you are to have 50% winners and 50% losers. And that's a losing season, due to the juice.) In addition, it's easier to pay attention to a limited number of games.

Losing Streaks Happen. No matter what, you can count on a losing streak. It happens to handicappers, professional gamblers, casual bettors, and even books. Be well prepared to ride it out. If you're using Pro Predictor or possibly a handicapping service, you must stick with it throughout 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'll not have and can affect your overall winning percentage.

Never Bet Against a Streak. This really is a key to increasing your winning and decreasing your losses. Consider this a betting mantra. Say it over as well as over until it is firmly embedded in your mind. Never bet against a streak. And, if you're going to online sports bet on streaks, bet the streak continues. And it does not matter regardless of if the streak is a winning streak or 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, a 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're $100 ahead. But what happens whenever they do cover and the streak continues. You are $110 within the hole. What do you do? Do you bet another $100 against the streak in week 12 since the odds against the streak continuing are even greater? If you do, and also the streak ends, you win $100 and now are only $10 loser and that is the end of that. However, should the streak continues, you're 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 within an try to cover your loses? Do not do it. Doubling up is never a wise idea. It's another trap that will 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. If they fail to cover, you've lost $110 and that's that, much like a regular straight bet. But what happens if they do cover as well as 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, 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.

As such, if you bet against a streak, the most you may win is $100 but you the total amount you may lose is limited only by the length of the streak. If you bet with the streak, the most you may lose is $110, however the amount you can win is limited only through the length of the streak.