As more and more online casinos have started offering sports betting to their players this question is the most asked to us. Online casinos of sports betting sites or bookmakers or bookies as you may call offer various national and international sports like Cricket, Football or soccer league matches, hockey, volleyball, basketball and various races like horse racing or hound races. You also get free play bets or wonderful free bonuses to bet on sports. Here are the ways to win in sports betting.
If you place bets on sports and think that players betting on sports win long term, so long as they bet often enough, this isn’t actually true. As you know that the bookmaker has an advantage and wins often than sports bettors who lose. So what are the ways to win in sports betting is a critical question.
The direct answer to it can be that players who only bet when the odds are in their favour are winners. Even though “on average” bookmakers have a 4.55% advantage on straight bets, the key word is “average”; such players also termed as advantage players find bets where the bookmaker’s advantage is negative. Whether your goal is to be a sports betting pro, or just earn a little money on the side, the first step to winning is to stop making Expected Value or EV bets.
What are Expected Value bets
Expected value is a term professional gamblers use on a regular basis. Every wager made in sports betting has either a positive expected value, negative expectation value or in rare cases neutral expected value. Winning sports betting requires avoiding negative value and finding positive bets.
There are many betting strategies to learn and understand the positive expected value in sports betting. Few are as follows:
1. Teaser Betting Strategy
This is perhaps the easiest method a sports bettor can use to find bets with a positive advantage. Teasers are based off the current betting lines, so no longer do you need to go do any deep analysis to find out whether as straight bet is positive expected value. You will find spots where teasers increase the win rate by enough and you’ll have a positive expected value bet.
2. Prop Betting Strategy
Prop bets are generally considered the easiest wagering opportunity for sports bettors to beat. Exactly what this wager might be is anything from which team will score first, to which quarterback will have the most passing yards, to any other scenario described by a betting site. This form of wagering is generally considered the easiest to beat. The reason props remain the easiest wager to beat relates largely to careless bookmaking. With several hundred lines to create and manage, lines managers are content with simplistic methods and low betting limits for small market props. This means that it is quite possible for a serious low to mid-stake pro to analyze a single prop in far greater detail than the odds maker that created it. Meanwhile, the small max betting limit keeps the sharks away and allows for line movement based on recreational action.
Value is important factor to win in sports
So value is important factor to win in sports and as an example to bet on the toss of a coin toss in a cricket match you could bet on either side winning the toss with odds of -110 (10/11) on each outcome. Normally in sport there are many variables, so precisely predicting the probabilities on any outcome can be tough, however in this situation, it is straight 50-50! So betting here is clearly a losing proposition if you placed this bet ten times and won five times and lost five times, you’d be out of pocket and the Sportsbook would be delighted that anyone took the bet.
However, though the above examples seems ridiculous, players are placing the same type of bet everyday on sports. Many people blindly go online and back a team/player/horse that they think is going to win without ever thinking about what odds they are receiving. When looking at a sporting event, try and calculate the probabilities of any outcome and only place the bet if you think the odds are higher than they should be. If you think an outcome has a 25% chance of winning, only ever back that outcome at odds of +300 (4.0) or greater.
Finding the Best Odds and Lines
Earlier to find the best odds meant going through all of the available sites or phoning around various sportsbooks or even visiting various bookmakers but this has become a relatively easy task nowadays with the advent of odds comparison sites. Each site will have a wide range of sportsbooks and markets, so in a matter of seconds you’ll be able to see the event you want to bet on and a list of the odds from available online casinos. There is no reason whatsoever not to receive the best odds on offer.
The same applies to lines. Why back a team who are -11.5 on the spread when one Sportsbook has the line at -10.5. This standout price will not last for long, so take advantage of these moments. In the long run, this could be the difference between your bottom line being in the green or the red.
Bet on the Right Sport
The best sport to invest your hard earned cash is the sport you know the most about. There are no prizes in sports betting for being a Jack of All Trades and expertise in one particular sport can be a huge advantage. The more knowledge you have about a particular sport, the easier it is to spot when the odds might be wrong, which leads to higher returns in your gambling. So pick your popular sport and it will pay in the long run.
Also Grabbing the Bonuses Helps a Lot
Many online sports betting sites or casinos offer bonuses to players when they make their first deposit. Either the bonuses are in the form of coupon codes or just automatic bonuses are added to your account in case you are a new player or existing player. You can find many online casinos offering a 10% cash bonus on a bettor’s first deposit. The best thing about this bonus is it is instant and it’s cash as opposed to free play. Also, no harsh strings such as rollover, hold period etc, simply roll your initial deposit and 10% bonus over a single time and it is free and clear your own money to keep.
Many sites offer up to $1,000 in free bonus money or other match bonuses. When you combine positive EV bets with free bonus cash, winning at sports betting is a easy way. The only thing to note but is as how to protect and grow your bankroll and for that experts always advise never wager more than a few percent of what you have on hand on a single game.
Also many offers are on sports matches like for example, you want to back a team to win the Super Bowl like the San Francisco 49ers. Two sportsbooks offer the same price on this eventuality, however one of the two has an offer that says “Money back if the Denver Broncos win the Super Bowl”. This makes an easy choice and you need to make sure you know what the offers are, and take advantage especially if the wager is one you were going to place anyway.
Besides all the ways to win in sports betting luck plays a bit of role too. Also this can be achieved if you use responsible bet size, have patience, don’t chase your loss surely will turn something lucky for you.
Do not bet blindly and sign onto your chosen sportsbook, place bets on teams because you think they will win and not because of the odds. So study the sport carefully; know your bets, game odds and then bet to win. Click here to place your bets on sports at reputed sportebetting casinos.