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How do you succeed in sports betting?

Six tips for becoming a sharper sports bettor 1Know your bet's break-even rate. 2Shop around for the best price. 3Know the value of a half-point, especially in NFL betting. 4Avoid parlays, especially single-game parlays. 5Place your bets early in the week, not at the last minute. 6Focus on closing line value.

washingtonpost.com - Six tips for becoming a sharper sports bettor - The Washington Post

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Make Your Bookie Cry And Pull The Hair By Generating $23,187

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2 Shop around for the best price

You wouldn’t buy a car without comparing prices, and you should take the same approach to sports betting. This is harder to do at brick-and-mortar sportsbooks — or in jurisdictions that limit your mobile betting options — but as long as you have multiple shops, you are giving away money if you don’t compare prices. This process, also known as line shopping, is an underrated exercise that many sharp bettors consider a crucial part of their success. “Line shopping is the single sharpest thing you can do to advance your sports betting game,” explained Jack Andrews, a professional bettor and co-founder of Unabated, a website that offers line comparison calculators and other tools geared toward educating the betting community. “When you line shop, you are looking for the lowest vig: -105 compared to -110, for example. And you will lose less when you are wrong if you pay less vig.” The vig is the cost of the bet, which typically ranges from 4 to 5 percent for a straight bet, depending on the market. The vig, or hold, on a futures bet is much higher. No matter the sport, games might have multiple prices and numbers offered at various oddsmakers. For example, here are prices offered from a June baseball game between the Arizona Diamondbacks and San Diego Padres. If you felt the game would go under seven runs, then the +100 price at DraftKings would have been your best option. If you felt the game would go over, you could put money down on over 6.5 runs at +105 at Caesars or at +107 at Pinnacle. In fact, you could have bet both sides of the market and locked in a small profit no matter the outcome. In such a scenario, if exactly seven runs had been scored, you would have pushed on one bet and won the other. Access to multiple sportsbooks, of course, is critical for this approach because each could offer a different price and number.

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What's the most someone won on FanDuel?

An unnamed FanDuel user might now be the world's biggest Coke Zero fan. The person submitted a $13.49 free bet parlay on FanDuel from a promotion on the Coke Zero 400 Nascar Race on Sunday that won, netting the user nearly $1 million.

benzinga.com - FanDuel User Wins $1M On $13 Four-Leg Parlay - Benzinga

An unnamed FanDuel user might now be the world’s biggest Coke Zero fan. The person submitted a $13.49 free bet parlay on FanDuel from a promotion on the Coke Zero 400 Nascar Race on Sunday that won, netting the user nearly $1 million. Most sites like FanDuel, Draftkings Inc DKNG, MGM Resorts International MGM and Caesars Entertainment Inc CZR will offer free bets to users to capture market share. Ben Fawkes, a content producer at VSiN, shared a screenshot of the bet slip and confirmed the bet is legitimate. Other Twitter accounts claimed the bettor is from Michigan, but at press time it does not look like the winner has been identified. The bet was a four-leg parlay, meaning all four bets needed to hit for the bet to win. If just one of the four bets would have lost, the whole bet would have been worthless. All the bettor’s picks were for different drivers to finish in the top 10. He had Cody Ware +2000, B.J. McLeod +2000, Landon Cassill +1500 and David Ragan +950. The total payout on the bet was $999,433.63. Of course, the bettor will be taxed on the winnings, but that’s a good problem to have.

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