How do you win big 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

Can you make a living playing slot machines?

The first question we should ask ourselves when considering making a living playing slots, is whether anyone else does with some other form of...

Last updated Nov 4, 2019

Does gambling damage your brain?

Much of the research that supports classifying gambling disorder with other addictions comes from brain imaging studies and neurochemical tests....

Last updated May 24, 2019

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

Promotion

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.

Why do I always lose in betting?

Greed leads to losses almost always! Every gambler has made a wrong decision in the past that left them feeling hard. Chasing losses is when you...

Last updated Sep 3, 2021

Are there millionaires from sports betting?

Zeljko Ranogajec is one of the most successful sports bettors of our time, accruing his billionaire status through casinos, horse racing and Keno...

Last updated May 28, 2022

Promotion

What is a superfecta bet?

The superfecta is a type of wager in USA and Canada parimutuel betting in which the bettor, in order to win, must pick the first four finishers of a race in the correct sequence.

en.wikipedia.org - Superfecta - Wikipedia

The superfecta is a type of wager in USA and Canada parimutuel betting in which the bettor, in order to win, must pick the first four finishers of a race in the correct sequence. This is even more unlikely than a successful wager in the trifecta, which requires correctly picking the first three finishers in order, and as such will have a correspondingly higher payoff. Most exotic wagers in horseracing are a 1 dollar minimum. Due to the difficulty of the superfecta, some racetracks have lowered the minimum on the superfecta to 10 cents. This 10 cent bet is very popular with the fans as it permits a bettor with a small bankroll to cover many combinations and still have a chance for a large payoff. Due to the imprecise nature of the name (as opposed to other bets such as the trifecta), superfecta bets can sometimes require selecting more than four horses. For instance, the New South Wales TAB in Australia previously offered a superfecta bet on selected races requiring bettors to pick the first six finishers in the correct order, rather than four. The bet requiring the selection of four finishers in order is instead referred to by most Australian totalisators as a First Four bet (or in Western Australia as a Quartet[1]). Although the first-six superfecta bet is still theoretically allowed by New South Wales regulations,[2] the First Four bet has all but replaced it there. This type of wager is called quadrifecta in Brazil and cuatrifecta in Argentina and Uruguay ("quad-fecta").