Online Sports Betting Guide and Tips
The two most popular ways to bet are on the money line and the point spread. To put it simply: if you are sports betting online on the money line, then you are betting for the team to outright win. If the team wins, then you win the bet. If the team loses, you also lose. The money line has different odd values for all the games. This means you’ll win more money when betting on an underdog team to win, and less when betting on the favorite.
The other popular type of online sports bet is the point spread. The point spread is a form of handicapping in which odds makers predict how many points a stronger team can be expected to defeat a weaker team. So if you bet on a team that has a +3 in the point spread, this means that even if this team loses the game by 2 points, you will still win the bet. Similarly, if the team you’re betting on has a -4 point spread, then in order for you to win your bet, this team has to defeat the other team by more than 4 points in their game.
Here are some free tips I can give you when betting:
Tip #1 – Money Management
Money management is a very important aspect of online sports betting. You must keep in mind that you should never bet more than you can afford to lose. Once you lose money, it’s easy to fall into the trap of chasing your losses, which can severely affect your betting performance negatively in a short period.
Never bet your entire bankroll in any one bet. To be successful as a sports bettor, you should spread out your bets and work your way through a multitude of games, rather than pressing your luck on just one specific bet that can wipe out your bankroll. If you have $5000 in your account, betting $700 each on 7 games is a much better idea than betting $5000 on any one game. Know how to manage your money and you will thank yourself later on.
Tip #2 – Never Gamble While under the Influence
In this site, some tips are published for offline betters. A plethora of drinks are offered while gambling. One simply needs to place a wager and thereafter ask for some drinks coupons, absolutely free, before leaving the desk. What is the secret behind such free drinks offer? The answer is simple. The casino understands that drinks or alcohol will cloud one’s judgment and this may lead to making impulsive decisions. It is recommended to play with sober mind to be gain success at sports betting. Hence, it is important to remain away from sports betting, either offline or online, when one is highly drunk. The same is even suggested for online betters. It is better to avoid sports betting on the web if drunk or under any similar influence.
Tip #3 – When in Doubt, Play the Home Dogs
Betting on the underdog playing at home has consistently proved to be a quite successful basic betting strategy. When a team is playing at home, they are pushed by the crowd to perform much better than their normal capabilities. You’ll find that more often than not, underdogs will find a way to cover the spread and win you the bet.
Tip #4 – Time your Bets
The point spread does change throughout the course of the day/week. If you are going to bet on an underdog, the best time to bet would be as late as possible. If you are going to bet on the favorite, the best time to place your bet would be as early as you can. Of course, this strategy doesn’t work 100% of the time, however it’s a good rule of thumb that you can apply toward most instances.
Here are some progressive betting systems to understand for online sports betting:
Martingale Betting System – Basics
Invented in the 18th century, the Martingale system gained immense popularity in France in building up appropriate betting strategy. It has lately penetrated into the online sports betting segments too and is accessible from many countries. It is important here to note that the system is equipped with a plethora of negative progression strategies and is mainly based on the system of stake progression if the game turns up in a loss. The stake is thereafter doubled to recover the losses as much as possible. Initially, the system looks profitable, but some major flaws can be witnessed at later stages. The stakes cannot be increased to infinite and its growth is exponential with such means that has faster growth rate. It is tough to keep up the pace. One may turn up bankrupt.
Advanced Martingale Betting System
This text should be add-on to regular plain martingale betting system. Some new aspects and variables are introduced into the equation frequently. Martingale is simple system of stake multiplication in order to cover all recent stakes and to get profits in value of initial stake. This is regular situation. Let’s break this apart. Important elements of martingale are initial stake, odd, and something that we will call ‘’multiplier’’. The multiplier is the number we use to multiply stakes when we lose. So, the multiplier is number two when we double up on roulette.
Paroli Betting System – Basics
Paroli betting system is often referred as anti martingale because paroli it really is. Idea is to multiply your stake every time you win. If you lose you go back to your initial stake. You can see that this is typical positive progression betting system. The biggest advantage of this system is that you’re actually gambling with bookie’s money since all bets from winning streak are funded by recent wins.
Paroli Parlay betting system can be profitable. If you lucky to have bigger number of winning streaks than they are probable. In other words, you will profit if you’re lucky enough.