Can Using Sports Betting Guides Work for Me
Sports fans who enjoy betting on baseball and hockey can sometimes be confused by the numbers and odds posted. Can sports betting guides and strategies work for bettors looking for profits. Betting on the sports that use moneylines rather than point spreads involves picking the winning team. NFL betting and NBA betting gives you the moneyline option with a point spread that most bettors like. Instead of seeing a team favored by 2.5 points, there is a small moneyline in baseball and hockey. Moneyline odds like -120 means you need to wager $120 to win $100 or $60 to win $50.
More profit or less profit
Getting +6.5 points in football or basketball means the team can lose by up to 6 points to cash your bet. But a similar +200 (2 to 1) moneyline would translate to a $200 profit on a $100 wager if your team wins the game. The opportunity to wager on the moneyline is available on every sport. Baseball and hockey are the two team sports that use it as the primary betting option. The main reason is that baseball and hockey is a much lower scoring game.
Meanwhile, scores ending 43-27 in football or 110-97 in basketball are examples why it makes more sense to use point spreads for those specific sports. Smaller results lead to moneylines becoming the betting option of choice and larger numbers require them to mainly utilize point spreads. Data tracking trends and relevant statistics are necessary for betting the moneyline or taking the points.
Moneyline betting in baseball
Betting the moneyline on baseball is the main option bet provided since there is no point spread. This is an example that you will see on the baseball betting oddsboard based on starting pitching and other factors.
Baltimore Orioles +165 playing at Toronto Blue Jays -185
Just like the minus and plus values on the point spread, those values designate underdogs and favorites in moneyline betting. Toronto is favored at -185 (bet $185 to win $100), and Baltimore is listed as the underdog at +165 (bet $100 to win $165). The concept of moneyline betting is to view the number 100 sitting between the favorite and underdog. The minus sign is your risk and plus sign is your reward risking only $100.
Because the Blue Jays are favored, the sportsbook needs you to risk more to bet on them. Wagering on baseball favorites with moneylines calls for you to risk a certain number ($185 based on -185) in order to win $100. The sportsbook is also willing to reward you for taking the underdog. They give you an incentive to bet on the Orioles. In this case, you would risk $100 in order to win $165 (+165) on Baltimore.
The same principles and same math apply with moneyline betting on the NHL board. The Boston Bruins may be -130 favorites against the Buffalo Sabres, who may be listed as +110 underdogs. You risk $130 to win $100 on the favored Bruins and wager $100 to win $110 on the underdog Sabres.
Profitable opportunities exist on your NFL picks and NBA where wagering on the moneyline is better than betting the point spread. If you like an 8-point NFL underdog, you can take the 8 points and hope they cover the spread. The moneyline option could be +280. It is more profitable betting them to win ($280) than on the point spread ($100). You have to determine your risk/reward ratio when looking for a value bet.
Betting guides and strategies
The most successful sports bettors continue using their strategies year after year without ever questioning their logic. They know you can’t win every wager and losing is inevitable at some point. The key to winning is staying consistent. Review the following betting strategies aimed at giving you an edge.
- Fading the public
One of the best strategies for wagering on the NFL is betting against or “fading” what team the public is betting. While this can be an effective strategy when betting on other sports as well, nothing beats the impact the public has on pro football. NFL betting is the number one public betting sport. Sportsbooks know what teams are going to be the most heavily bet from week to week. They adjust their odds accordingly to get bettors to bite on their numbers. Sharp bettors will bet the other way and take the opposite side.
The most popular teams get the most media coverage They tend to be overly hyped and are often not as good as advertised. Remember this every time you bet and ask yourself why you personally like one team over another. Always stay unbiased and focus on picking winners consistently. Block out how much a team is featured on the radio or television. Go with your gut and don’t follow the herd that will bet with the masses.
- Handicapping personnel moves
This betting strategy covers off-season, preseason and in-season moves. Changes are important and should be followed closely so you remain ahead of the latest news. Did a team lose a star player to free agency, how does it affect the old and new roster. Is there a good or average head coach. Was there a key injury that could impact a team’s fortunes. Can they overcome the loss because they are so deep at that position. Is there a quarterback battle in training camp that could make the team stronger than a year ago.
These examples of moves will happen over the course of a year in any particular sport. Gaining inside info can help you beat the book if you have the right sources.
- Specializing in one sport
Bettors who specialize in one sport are among the most successful at turning a profit. That’s because they do not spread themselves thin by trying to beat multiple sports at the same time. If you seriously think about this specific betting strategy, take a similar approach and narrow your focus as well.
Staying on top of hundreds of college football and basketball teams in addition to the pros is more than a grind. It’s nearly impossible to win at everything, so go with what you know best and can find value. Create your own power ratings or rankings and compare them to the sportsbook’s lines when they are released. By becoming a specialist, your confidence will only grow along with your bankroll.
- Live betting or in-play wagering
As live betting becomes more popular in the United States, the interest in handicapping and profiting from it continues to grow . There will always be ways to effectively break down the numbers from a handicapping perspective and gain an advantage over the sportsbook. Live betting is no different and can be more beatable and profitable, if you can accurately predict what will happen next the game. Oddsmakers can only do so much to set live betting lines in order to make the perfect number. But you can before you bet.
One of the best live sports betting strategies is to wager on the heavy favorite that trails in a game but still has a good opportunity to win. Bettors backing the favorite at -250 before the game started, can now get that same team at +130 in live betting. This requires you to pay very close attention to the momentum of the game and determine if the team really has a chance to rally. it is fairly common for the better team to get behind early and rally to win without covering the spread.
- Advanced live betting strategies
Sometimes, you may even get the chance to middle a bet you placed beforehand or guarantee yourself a profit by hedging. Take the other side of your original wager at an attractive price. These are live betting strategies for more advanced professionals who know the numbers. Understanding the basic concepts are essential to learning how to profit from it. The live betting opportunities you find are more betting options for profits.
The best and most profitable live betting trends are finding large middle betting opportunities. Betting the over at 47 points when the game starts can jump to 57 points if there is early scoring. A middle of 10 points if you bet under 57 during live betting. This is fast action to face but experience with live betting takes a lot of trial and error. Off-shore books have many of these betting options with positive feedback. Slower internet speed will occur and cause some frustration. Trying to bet live does work but learn to deal with the technology.