Players should approach their sports bets in the same manner that they approached finals during high school and college. This is little corner of the gaming world where dumb luck can be negated by research. In short, it is a bad idea to bet on a teams simply because they were your childhood favorite, they have really cool uniforms, or the quarterback has the name “Manning” sewn on to the back of his jersey.
In sports betting you will want to collect and analyze information and then make a sound judgment based on cold, impartial data. To create an opportunity to be a winner, you need to take three main factors into account, examine them and act accordingly based on your findings. These are:
- The odds offer (Price);
- The value of the odds (overpriced or underpriced);
- The type of bet (single, multiple, combination, etc.).
- The odds offer has to be at least 2:1 to make it worthwhile. If necessary, choose a selection with a slightly higher risk to prop up the price.
The value of the odds must be such that the sportsbook’s commission is to a minimum, if at all. Some lines get “steamed” needlessly. When this happens, the “favorite” price lengthens. Turn these situations to your advantage.
There are three type of bets seem to stand out as a sensible combination. These are the Straight bet, the Doubles and the Future.
A “Future” bet is possibly is an extremely profitable bet, but only if you have considerable knowledge of the sport that you are betting on. This knowledge should include players, coaching, history, and key injuries.
A “Straight” bet is simple, controllable and fairly easy to win. Play it but be sure to weight the odds carefully first. Try to avoid narrow favorites as well as long shots. Keep your selections limited. The problem with playing too many selections is that it results in gambling against high odds.
Look for value odds as much as likely winners. The more experience you get in looking for them the easier they will be to spot.