Thanks to recent legalization efforts in various states in the US, sports betting seems to be on the rise. In fact, New Jersey saw a sport betting record recently when nearly $1 billion was made in bets.
If you talk to anyone who bets on sports regularly, they will no doubt have their own sports betting strategies and tips that they use to make money. Sometimes, these strategies are very helpful. Other times, you’ll end up losing a good amount of money.
Thankfully for you, we’ve done a lot of research on this so you don’t have to.
Of course, nobody is going to win every bet that they make. But using our strategies below will definitely help to set you up for success in the long run. So keep on reading and we will take you through everything that you are going to want to know!
Table of Contents
Don’t Sleep on the Moneyline
If you’re a first-time bettor, then you should definitely consider doing moneyline bets. With a moneyline bet, the favorite will be identified by a minus sign. The underdog will then be identified with a plus sign.
This means that the favorite is expected to win the game.
If you are just starting out with sports Online Cricket Betting ID, you can start with the moneyline. It is an easier bet to research and pick the favorite if you want. These bets are simple and not as risky because if the team that you bet on wins, then you win the bet.
Some experienced bettors won’t do moneyline bets because they see it as too simple. However, that’s no reason for a beginner to avoid this kind of bet. If you’re able to pick the right to win then you’ll win money.
You can use this kind of bet for any type of sport, from tennis to football to baseball.
Learn the Point Spread
When you bet on a point spread, you are deciding more than just who is going to win the game. Instead, ou are betting on whether a team is going to win by a margin that is chosen by the oddsmaker.
The favorite will have to beat the other team by a certain number of points. The underdog would need to win or not lose the game by a certain number of points.
Run on the Runline
The runline is kind of like a combination between the moneyline and point spread for baseball. If you want a higher return, you can do a runline bet instead of a moneyline bet when you bet on an MLB game.
A runline bet will come with a 1.5-point spread attached to the game. This means that the favorite team will have to win the game by at least two runs. The underdog will have to lose by 1 run or win the game.
Fade the Public
A great strategy for betting on sports is to bet against (or fade) the public. This is a strategy that is mainly used for totals and spread betting in football and basketball.
A sportsbook is probably going to know which teams are going to bet on more heavily each week. This means that they will adjust the spreads and totals accordingly so that they can get bettors to take the numbers.
When they do this, this will give savvy bettors the chance to go the other way and take the more contrarian side.
Also make sure that you use a high-quality sportsbook, like the one at bovada.blog.
Focus on One Sport
If you are just starting out in sports betting, then it would be a smart idea to focus on just one sport at a time. Otherwise, you will spread yourself too thin and try to learn too many things at once.
You can give yourself a betting edge by doing everything you can to learn about just one sport. It would even be helpful to start by focusing on just your favorite team in that sport.
There are hundreds of professional and college teams out there, not to mention all of the players, rosters, coaches, and other factors that you would have to think about.
Whenever you have the time, you need to spend it researching the general and the specific. The more you know about these things, the better you will be at making good bets.
Pay Attention Year-Round
This is a sports betting strategy that deals with in-season, preseason, and post-season moves. All of these moves are important and you should follow them carefully so that you can stay on top of the latest sports news.
The sooner you learn about this new information, the easier it will be for you to adjust your betting strategy and come up with new analyses. Sports don’t just start and end when the season is actually going on.
This is a nonstop news cycle that you need to be constantly paying attention to.
The Importance of Knowing These Helpful Sports Betting Strategies
Hopefully, after reading the above article, you now have a better idea of what some of the top sports betting strategies are. As we can see, sports betting isn’t something that should be taken lightly. It’s something that can be very lucrative and profitable but you also need to be willing to put in the time and research.
Are you looking for other helpful and interesting articles like this one? If you are, then make sure to check out the rest of our site today for more!