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How To Bet On Sports How to bet on sports VideoSPORTS BETTING FOR BEGINNERS TIPS - HOW TO WIN AT SPORTS BETTING
They will help even a novice player to win good money. Prediction Probability Theory. This method estimates the probability of a match outcome for each team.
The above methods are quite effective, but labor-intensive. Therefore, professional players often use special programs. If you are interested in even more entertainment-related articles and information from us here at Bit Rebels, then we have a lot to choose from.
Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. How To Bet On Sports Like A Pro Derek Hanson 0 3 weeks ago.
Sports Betting: Where To Start Before you make your first bet, you should know what are the main types of bets. Single Bet The peculiarity of this bet is an attempt to predict only one outcome of the event.
Parlay Bets Parlay betting is betting on several events at once. System It is an aggregate of several parlays. How Professionals Bet On Sports To understand how to bet on sports, a beginner should follow some simple rules: Always ask how to bet on a specific sporting event.
Explain to yourself all the incomprehensible points, and only then place your bets. Different bookmakers have different rules and fees.
Play with small amounts at first. If the point spread seems way too high You will be much more likely to win covering a tight money spread.
If there is inclement weather, that also is a heavy factor in money spreads. Snow, rain, sleet, fog, etc. The worse the weather, the more random the outcome, and therefore the more money you should put down on the money spread.
Put your money down on the totals. This is where the betting organization will give you a number 9 , 4 , 10 , , etc. The number they give you represents the total number of points scored by both teams combined.
You have to place a bet as to whether or not the teams combined will score below or above that number. You have to bet whether the Lakers and Thunder will score combined over or under points.
Factor in different circumstances. Take decimal odds into account. Decimal odds are always written as positive numbers, never negative.
For example, next to the New England Patriots point spread Then imagine that you bet 0. Multiply the bitcoins you bet by the decimal figure, and that is how many bitcoins you will win, if you betted correctly.
So for this example, 0. This would most likely be rounded up to 0. You will earn 0. It is important to remember that decimal odds include your initial stake.
So, for this example, you will not get 0. The stake is already included in the 0. Bitcoins are a form of specialized online currency.
Use American odds. Next to every decimal odds number is either a positive or negative number in parentheses. If the number is positive, this is how much much money you will make on a standard bitcoin stake win.
This means that for every bitcoin stake, you will receive bitcoins back. If you put up 0. The great thing about American odds is that you get your initial stake back.
So if you bet 1 bitcoin, and receive 2 bitcoins as your winnings, you will get 3 bitcoins back in total. If the American odds number is negative, this is how many bitcoins you have to produce as your initial stake in order to get bitcoins back.
So if the odds are you will have to produce at least bitcoins as your initial stake in order to get bitcoins back.
Bitcoins are a form of online currency. Part 2 of Begin your search for an online sportsbook. A sportsbook is basically a place where you can go and place bets on sports games.
Online sportsbooks are very convenient, but are overrun with spam websites, advertisements, etc. It is important to find a site which is safe, like Bovada or Bet Generally speaking, if you type into Google "online sportsbooks" the first few options have the most hits, and are reliable.
Advertisements are quick and easy ways for spammers to try and take your money. Stay away from sites which don't allow you to browse their site until you give a credit card number upfront.
It is never safe to give out your personal identification information to a site which you have not scouted out yet.
Learn all you can about the betting site. You want to make sure that the sportsbooks have the sports you want to bet on.
Some online sites only specialize in one or two sports. Check out the terms and conditions of the site. Don't skim over them as they contain valuable information, including what they are liable for, and whether they can be sued.
It is important that you know the exact amount, and whether you are ever eligible to get that money back. You will need to know how much money you can receive every day, and how much you can place as a stake.
Use the sites resource section to find frequently asked questions, and how to contact them. You will want to put their number in your phone in case of emergencies if you join their site.
Decide on a reputable Las Vegas sportsbook. If you do not like gambling online, Nevada is the only state in the country where sports gambling is legal.
If you are planning a trip to Vegas, you will need to find a casino that has a sportsbook. The odds which we cover below on that match then determine how much you win if you chose correctly.
If you see moneyline bets available, all you have to do is pick the team or player you expect to win. Point spreads are intended to even the playing field for a match.
The 3. After the game ends, if you selected the Bears and they won , you would collect on your bet because they won by 4 points.
If the final score was Bears 21 Packers 20 and you selected the Bears, you would lose your bet because they did not win by at least 3.
Totals take the final combined total score of both teams in a match and have players bet on whether that score will be over or under a certain threshold.
Using our example match-up above, it might look like this:. You would place a bet on either the over or the under.
If the total points at the end of the game exceeded If the total is below If the score was , the total points would add to 45 and the under would be the winning bet.
You can find plenty of other bets at online sportsbooks, too. Each bet has its own advantages and disadvantages. Odds are first set by the likelihood of one outcome to occur over the other.
You will almost always see a higher payout on an unlikely bet than a wager on the favorite of a match. Once the initial odds are set, they can change based on how many bettors are wagering on either side.
Odds could also change based on events outside of a game. For example, if a starting quarterback is unexpectedly benched due to an injury, the odds on that team to win could plummet.
At US sportsbooks, odds are displayed as positives and negatives. When a team has a negative number Packers , it means that team is favored to win the match.
These odds also determine payouts. Betting on the underdog is slightly different. Because the underdog is less likely to win statistically, the payout potential is better.
If multiple sportsbooks are available in your state, peruse the available odds to find the best possible payouts. PointsBet, for example, usually offers great odds on the underdog while FanDuel tends to give better payouts on the favorite.
These change frequently, so always check your options before you place a bet. See our full Guide To Sports Betting Odds. Regulated states require gamblers to be at least 21 years of age to place a bet.
DraftKings , FanDuel, BetRivers, PointsBet, and FOX Bet could all be considered the best for different reasons. If you look at revenue by state, DraftKings is the undisputed leader in the sports betting arena.
In terms of overall experience and app functionality, PointsBet gives DraftKings a run for its money. Bottom line: it comes down to personal preference.
There are plenty of sports betting apps available in Las Vegas, most of them operated by Sin City casinos. To place bets online in Nevada , you have to be within the state, which will be confirmed by geolocation.
Most regulated sportsbooks already have Super Bowl future bets available, so you can bet on your favorite team to win the big game.
College sports betting is allowed in almost every state that has legal sports betting. Some states have specific restrictions, though. Not across the board.
In fact, most states completely ban betting on high school sports for fear of league corruption. High school sports are considered amateur events, and almost every regulated sports betting market prohibits amateurs betting.
In some states. Not every state allows election betting. Because the overturning of PASPA gave states the right to regulate sports betting on an individual basis, election betting availability varies widely.
Explore our brands: Contests. Sportsbook Review. HOW TO BET ON SPORTS A guide for first-time players who are totally new to the world of online sports betting.
Learn Beginner Guide.HOW TO BET ON SPORTS. A guide for first-time players who are totally new to the world of online sports betting. Learn everything you need to know to have the best chance to cash out from your. Use these handy reference sports betting pages to help build your knowledge base before making a sports bet. Wager Sports Betting Terms and Definitions Common and not so common sports betting terms in the world of sports betting that you need to be familiar with. If you bet on the Patriots, they need to win the game by 8 points or more for you to win your bet. If the Patriots win by 8 points or more, you “cover.” If the Patriots win by exactly 7 points, that is called a “ push,” which means you get back the money you originally bet. To bet on football, tell the ticket writer the bet number of the team you wish to bet, with the point spread and the amount you wish to wager. The payout, unless stated otherwise, is figured at odds of 10/ This means that a wager of $11 would win $10 and return $ This is called a straight bet. Betting on sports is done for the thrill of the game and to make money. While betting on sports can seem almost impossible, especially in today's competitive world, it is actually fairly simple. First, you will need to understand the basics of what types of bets are placed. Second, you will need to find a local, or online sportsbook to bet at.