Here are few most popular sport betting strategies that might help a person to reach ahead of the competition. It is not that hard for an individual to experience success if he/ she have a guaranteed mathematical strategy for success. Sport betting is considered to be one of the most interesting way of gambling as one can watch the favorite sports while betting. One also gets super exited if the team liked by them wins.
The first step to be a successful bettor is by gathering and analyzing all the information that involves in betting. The individual must analyze the game over which he/ she likes to bet upon and the odds that is involved and the type of bet that one is indulged into. Gathering the information is very essential before one starts betting. Only by learning the nuances of the game one will be able to find a bet that might suit them the best and that yields higher amounts.
Though gambling has got both sides by learning few strategies losing large amount of money can be largely avoided. It is always better if one does not do betting regularly but does it once a while when he/ she really feels lucky and does not lose much. If one feels that they will be in the losers end it is better to stay away from betting.
There are three types of bets that are most common and to name them straight bet, the doubles and the future. One will not be a winner all the time and he has to make necessary study to understand the technique which offers higher chance for wining. By choosing a reputed online gaming site fast and reliable payouts can be enjoyed by the bettor. There are also sites that educate the visitor about the online betting system and the strategies involved to become a successful bettor.
If you have been involved with sports betting for several years or just getting started I am sure you have seen companies advertising their pick services in your local newspaper, online or even on television. A lot of these ads are offering guaranteed games or claim winning rates of 80% and above. If you see these types of services, you should run in my personal opinion. I don’t care what they say, No One wins 80% – 90% of their games.
Does that mean that you can’t make money with sports betting? In short the answer is No, it is definitely possible to make substantial profits from sports betting, but you need to be realistic. If you have the proper discipline, manage your bankroll and following a winning sports betting system then creating a substantial passive income from betting on sports can be a reality. Knowing the magic # is the key.
So what is the magic #? The answer is 52.4%.If we use the most popular sports to bet on like NFL and NBA a normal bet would consist of betting against the spread with odds of 11/10 meaning that you would have to wager $110 to win back $100. What this means is that you would only have to win 52.4% of your bets to actually break even.Although hitting 80% plus winners is virtually impossible over the long haul, the good news is that anything above 52.4% will be profitable. Although winning 55% doesn’t sound that exciting, you can experience some really substantial returns each month.
Let’s use a 55% win rate and wagering on 2 games each day for this example. Here is what the results would look like after one month:
Win Rate 55%
# of Wagers 60 games (2 per day X 30 days)
# Wins 33
# Losses 27
Minus 10% Vig* 2.7
Total Wins: 3.3
*Vig is the % that the online sports books keep for accepting your wagers. Usually 10%
So what does this mean? Well with these numbers a $100 bettor would be up $330 profit after the month and a $1,000 bettor would be up $3,300. Not bad for a few minutes work each day, but let’s look at what this means in ROIpercentage (Return on Investment).
What I personally use and recommend is that if you are going to be flat betting or making the same size wager on each game then you should be using no more than 5% of your total bankroll. So if you have a total of $1,000 then you should be wager $50 per game. By sticking with the same numbers as the example above of +3.3 games this would actually be a gain of $165 and a return of 16.5% on your money in just 1 month. Compounding that over a full 12 months translates into over a 600 percent return on your money. I don’t know about you, but these are some incredible returns. Compare this to other investments like the stock market or the bank and you can clearly see that sports betting is a viable option even using a conservative example. Now imagine a 56% win rate or even 60 percentage.
Online betting is among the fast picking habits online. Betting is of various types:
1. Casino related betting
2. Sports betting
Now casino related betting can be handled only if you are professional in how to handle your situation. Generally people tend to get carried away in the trance of winning a lot of money initially, but what they don’t see is, it is a lure for them to invest more and more.
This is the strategy played by any casino site. That is why members who are smart, intelligent and experienced with these online casino bets only end up profiting from them. In casino playing is most important to have patient and not to rush in with your cash. One of popular casino games are poker games and poker games can be very tricky. Only play with money you can lose, never play with money you need for other things.
Now coming to sports bet, this depends on two things – Your knowledge on the game and your luck. In this game knowledge and sharpness overtakes luck… but at times when luck is really bad we are forced to alter our knowledge. Whenever there is a huge event opening in any sector of sports say “World cup” Or “Euro 2008” in football, there will be a lot of players lining up to place their bets on their favorite team and hope to earn along with the joy of seeing their favorite team win. This is where generally people have to be careful. One should never deal with emotions when it comes to betting. If there is your favorite player playing against an upcoming new star, you should always weigh your odds and place a bet instead of going away with your emotions and placing a bet, which might eventually pull into losing. Always remember, the better you are at the game, the better you will be able to win… A little exploration and survey about the sport and the current performance of the team/ player will definitely help you be on the safe side.
A serious warning, don’t get addicted to it. It is really a very bad addiction. A lot of members have ended up losing everything they have in the greed of winning more money. It is better to accept your bad luck rather than running for good luck … you at least is left with something rather than nothing.
Happy and safe betting.
There are many people who bet on important sports events. Online sports betting is all about predicting and betting on the sports results. Many people all over the world bet in this type of gambling. In the past, betting was done at the site when the game was going on. With the advancement of technology, people took to online betting sitting in front of the computer at the comfort of their house. This type of gambling has become increasingly popular among the betters because of the benefits that it provides. There are innumerable sites powered by software application that promote sports betting live on the web. Some of the popular sites are given below:
1. Bodog Sportsbook: Being a major player in the sports betting industry, Bodog Sportsbook is considered the best underdog lines on the web. It has most of the sports and wagering action from NBA to NFL that are big games and is fully federally licensed by the government of Antigua. It is also well-known for fast payouts, easy withdrawal system, security, customer service excellence and sports betting options. It provides limitless betting options ranging from multi sport parlays to player and team props.
2. Sportsbook.com: Since its inception in 1998, Sportsbook.com has been a popular online sports betting site. Being a premier online sports destination, it has consistently set standards in the industry and has twice won “Sportsbook of the Year” award from eGaming Reviews. It is the biggest online sportsbook in the world that offer online casino, horse racing, poker room and mobile client.
3. Bodog.com Sportsbook: This claimed as the Top Ranked Sportsbook by Insider’s Betting Guide for being the most reliable information source. The customer loyalty programs introduced by Bodog.com are its hallmark as it is the most rewarding one in the industry.
4. Players Only: Players only is one of the best poker games available on the net. Loaded with Play Aces software, it offers many features, games and top class customer service.
5. SuperBook.com: This is the nice online betting destination to bet on the NFL or NBA. This site has the record turnover of active users and is featured in all the popular channels like CNN, ESPN, Wall Street Journal, Barrons, Financial Times, USA Today, etc.