How To Bet On Sports, Well Sports betting is for the excitement of the game and for making money. Although sports betting may seem almost impossible, especially in today’s competitive world, it is actually quite simple. First, you need to understand the basics of what types of bets are made. Second, you need to find a local or online sportsbook where you can bet. Once you’ve learned the basics, you’ll be on your way to sports gambling in no time!
Understand the Basics of Betting Odds
- Bet on point spreads. Point spreads help balance each team’s odds of winning. When people bet on the point spread, they are usually talking about (+3.5), (-7.5), (+4), etc. This is how many points are added or subtracted from the final team score. Take, for example, the Chicago Bears (+5) and Green Bay Packers (-5) are playing each other this Sunday. The Bears are least likely to win, so 5 points are added to their final score.
- In this example, the Packers would need to beat the Bears by at least 6 points for them to win. If the Packers beat the Bears by 5 points or less, those betting on the Packers to cover the spread lose money.
- The bottom line is that you need your betting team to cover the spread or underperform. By the same token, if you think the Packers will win but don’t cover the spread, bet on them to do so. If the packs win by less than 5 points, they win money.
- If the teams meet the spread (not under or over) you will neither win nor lose money In the same example, if the Packers beat the Bears by exactly 5 points, nobody wins or loses. They are riskier bets when the point spreads are (+7.5), (-4.5), (-8.5), (+1.5), etc. This is because teams do not earn half the points, so you will either win or lose.
Place a bet on the money spread.
- This is a very simple method You are betting on who will win the game. If you think the Chicago Cubs will beat the Pittsburgh Pirates, you bet on them and vice versa. The key here is to look at the game’s point spread If the Chicago Cubs are given a larger point spread (-5) they are more likely to win If the spreads are very favorable (-0.5) (+0.5) then the game appears to be a 50/50 matchup.
- See the spread first before moving on to the spread of money. If the point spread seems too high (-8.5) you are better off investing in the point spread.
- Look at the spread first before moving on to the in-the-money spread. If the point spread seems too high (-8.5), it is better to invest in the point spread.
Put your money down on the totals
How to bet on sports for The totals are called over/under. This is where the betting company gives you a number (9), (4), (10), (175), etc. You must bet on the number of combined teams below or above that number.
- Take the Los Angeles Lakers playing against the Oklahoma City Thunder for example. The total over/under will be 215 You have to bet on whether the Lakers and Thunder will score under 215 points combined.
- A factor in different circumstances. If the superstars on both teams are injured and the over/under ratio seems high enough, bet on the “under”. If the superstars are playing late and the over/under seems very low, you can bet on the “over”
How To Bet On Sports – Take decimal odds into account.
Next to each point spread, the money spread and the total (over/under) is a number in decimal form Decimal differences are always written as positive numbers, never negative. For example, next to the New England Patriots point spread (-8.5) is a decimal figure of 2.798. Then imagine you bet 0.1 bitcoin (BTC) on the Patriots point spread that week on an online website. Multiply the bitcoins you bet by the decimal, and that’s how many bitcoins you’ll win, if you bet correctly.
- So for this example, 0.1 X 2.798 is 0.2798. This is most likely up to 0.28 bitcoins on most websites. If you bet correctly, you get 0.28 bitcoins.
- It is important to remember that the numbers are included in your bet. So, for this example, you won’t get 0.28 extra for your first stake. The stake already includes 0.28 bitcoin winnings.
Use American odds.
Next to each number of decimal differences is a positive or negative number in parentheses. If the number is positive, this is how much money you will make with a bitcoin stake win of position 100. For example, the US odds are (+170) for the currency spread to the Miami Marlins this week. This means that for every 100 bitcoin contribution, you will receive 170 bitcoins back. If you put in 0.1 bitcoins as your contribution, you will get 0.17 bitcoins back.
- The great thing about American Luck is that you get your starting stake back.
- If the US odds number is negative, this is how many bitcoins you need to produce as your initial stake to get back 100 bitcoins. So if the probability is (-105) produce at least 100 bitcoins as the first stake to get back 100 bitcoins.
Betting on Sports
How to bet on sports, A sportsbook is basically a place where you can go and place bets on sports games. Online sportsbooks are very convenient, but they are overrun with spam websites, ads, etc. It is important to find a safe site if you type “online sportsbooks” into Google, the first options have the most hits and are reliable.
- If you find that the website you are visiting is full of ads, asking you for money, try a different sports book. Ads are a quick and easy way for spammers to try and take your money.
- Stay away from sites that won’t let you browse their site until you provide a credit card number in advance. It’s never safe to give out your credentials to a site you haven’t yet checked out of.
Learn all you can about the betting site
You want to make sure that the bookmakers offer the sports you want to bet on. Some websites specialize in just one or two sports Do not look through them because they contain valuable information, including what they are responsible for and whether they can be sued.
- Check if the site requires you to put money up front It is important that you know the exact amount, and whether you are eligible for a refund.
- Find where the sportsbook has posted minimum and maximum withdrawal/deposit limits. You need to know how much money you can get each day and how much you can deposit.
- Use the sites resource section to find frequently asked questions and how to find them. If you join their site you will want to put their number in your phone in case of emergency
Learn about the sport you want to bet on
There are things like proposition bets, which are common games in the coin toss, the type of game, etc. Remember, especially online, many players do years of research.
- Get to know one sport at a time. You don’t want to bet on every sport you like. Really immerse yourself in the statistics on the sports organization’s website or sports betting site.
- Keep track of external factors that play a role in the game, such as weather, injuries, “revenge”, etc.
