Online Sports Gambling

I've been a professional sports bettor for the past 6 years. Many new sports bettors are clueless when they begin betting on sports. I remember this feeling quite well when I started. I got my clock cleaned for a full year betting on sports, but now I win enough money to make a great living with sports betting. These are my three sports betting secrets that sportsbooks don't want you to know.

Secret #1 - Teasers and Parlays are for suckers

In a long line of sucker bets, teasers and parlays rank right at the top. The name teaser itself should tip you off as to what the bet is all about. Both of these types of bets are long term losers for the bettor, and long term winners for the sports book. The payouts on both of these bets make them look very attractive, but in reality, you will earn more money just betting the games straight up. Let's look at the parlay for example. If you have a three team parlay and you put $20 on it and it pays 6-1, you must win all three games to win $120. In my experience you will not 3-0 one out of every six times. You'll usually go 3-0 about one out of every eleven times. So already you are at a disadvantage. The second reason sports books love parlays is because you can still have a winning record and lose. If you do a three team parlay and go 2-1, you would have a profitable day if you bet the games straight up. However, since you parlayed them, you're actually having a losing day because you're 0-1 on your parlay and down $20. Teasers and parlays are a joke, and anyone who is looking to make money betting on sports should stay away from them.

Secret #2 - If you're on the majority's side, start running

This is a huge sports betting secret that many people fail to learn. If 80% of the betting public is on one team, do not bet on that team. Stay as far away from them as you can. This always happens when games look too easy, and there is a for sure "lock". Many people who don't even bet on sports will make a wager on the game because they think it's easy money. This is why sportsbooks make millions of dollars a year, and 97% of sports bettors lose money. Do not join the crowd and let them lead you right off the edge of the cliff. I always bet on the other team, or stay away from the game completely.

Secret #3 - If you know a lot about sports, you won't automatically be successful

I think this secret brings in more newbies to sports betting than anything else. Every sports fan thinks they know a lot about sports, so they assume they will be good at betting on sports. The real truth is, most people know next to nothing about sports. Sure you might be able to tell me who's good and who sucks, but you probably can't tell me how good an NBA team is on the road after they play back to back nights. This is why many sports bettors lose. They look at things on the surface and listen to ESPN analysts and then make their picks. If you have good sports knowledge, it will definitely help you overtime, but don't rely on that as your only source of information.

How to Get Started With Sports Betting

Gambling is an art practiced by millions of people worldwide. Many people love it because of the pleasure it brings and the satisfaction it provides. One of the most popular forms of gambling is sports betting. What is sports betting? It is a process that involves betting money on many famous sporting events. This is a great way to put your money at stake because all you have to do is choose the best player of a certain sport and then bet on him or her. Instead of going to casinos or some underground, card-gambling pad, why not try sports betting.

Sports betting is a legal form of gambling in many places. If you want to try it, it is best that you should understand its odds. Always remember that it is your money at stake. Gambling without knowing what you are doing is always a bad gamble. Sport betting events all have their odds. Odds decide whether the athlete or the team that you wish to put your bet on is the underdog or the crowd favorite. This usually characterizes the amount that you will possibly win if you have chosen the right bet.

In almost any setting, odds can be easily understood as the chance of a certain event from happening. These are usually expressed in percentage or in ratio. A simple example is a common coin toss. If you toss a coin, there is a fifty percent chance that it would land on tails and another fifty percent probability that it would land on heads. Another example would be that of a pregnant woman's baby. Odds are a pregnant woman could carry a boy or a girl inside her. When any of these examples of possibilities would be added up, it would always result to a hundred percent.

Today, the demand for sports betting has increased because the demands for many kinds of sports have also risen. With these demands come the various kinds of bets. This includes proposition bets, parlay, run line, puck line, or goal line bets, and future wagers. Proposition bets are instances when the bets made are according to a specific outcome of a match. A run line bet is when there are fixed-point spread bets that offer higher amounts to favorite players and lower on the underdogs. A parlay bet involves multiple bets while future wagers are those foreseen for future sports activities. Sports betting usually depend on the demand of a certain sport. Therefore, it is always wise for you to bet on a sport that is the highlight of the season.