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Successful sports bettors understand the risk/reward equation and have made an honest self-assessment of whether they are a recreational player who wagers more for the enjoyment and added excitement of watching a game, or one who seeks to rely on winnings as an income source. For any kind of player, sports wagering requires various skillsets and decisions. One such decision is where to access information and data, including predictive analytics, and then how to use it.
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Professional Sports Betting Machine Learning
I've been a professional sports bettor for the past 6 years. Many new sports bettors are clueless when they begin betting on sports. I remember this feeling quite well when I started. I got my clock cleaned for a full year betting on sports, but now I win enough money to make a great living with sports betting. These are my three sports betting secrets that sportsbooks don't want you to know.
Secret #1 - Teasers and Parlays are for suckers
In a long line of sucker bets, teasers and parlays rank right at the top. The name teaser itself should tip you off as to what the bet is all about. Both of these types of bets are long term losers for the bettor, and long term winners for the sports book. The payouts on both of these bets make them look very attractive, but in reality, you will earn more money just betting the games straight up. Let's look at the parlay for example. If you have a three team parlay and you put $20 on it and it pays 6-1, you must win all three games to win $120. In my experience you will not 3-0 one out of every six times. You'll usually go 3-0 about one out of every eleven times. So already you are at a disadvantage. The second reason sports books love parlays is because you can still have a winning record and lose. If you do a three team parlay and go 2-1, you would have a profitable day if you bet the games straight up. However, since you parlayed them, you're actually having a losing day because you're 0-1 on your parlay and down $20. Teasers and parlays are a joke, and anyone who is looking to make money betting on sports should stay away from them.
Secret #2 - If you're on the majority's side, start running
This is a huge sports betting secret that many people fail to learn. If 80% of the betting public is on one team, do not bet on that team. Stay as far away from them as you can. This always happens when games look too easy, and there is a for sure "lock". Many people who don't even bet on sports will make a wager on the game because they think it's easy money. This is why sportsbooks make millions of dollars a year, and 97% of sports bettors lose money. Do not join the crowd and let them lead you right off the edge of the cliff. I always bet on the other team, or stay away from the game completely.
Secret #3 - If you know a lot about sports, you won't automatically be successful
I think this secret brings in more newbies to sports betting than anything else. Every sports fan thinks they know a lot about sports, so they assume they will be good at betting on sports. The real truth is, most people know next to nothing about sports. Sure you might be able to tell me who's good and who sucks, but you probably can't tell me how good an NBA team is on the road after they play back to back nights. This is why many sports bettors lose. They look at things on the surface and listen to ESPN analysts and then make their picks. If you have good sports knowledge, it will definitely help you overtime, but don't rely on that as your only source of information.
Best Betting On Professional Sports
If there's anything on the web that is gaining more and more popularity these days, it has to be online sports betting. Whether it's college basketball, horse racing, or the Super Bowl, the power of the web and online bookies have made it easy for sports fans to log-on and place their bets. People all over the world bet on virtually all major sports events, leaving a lot of money at stake to be lost or won.
Where Do I Go To Get Involved In Online Casino Sports Betting?
There are several online bookies on the web, but amongst the most popular are SportsBook and Betfair. These platforms act as mediums to place bets on a variety of sports tournaments. It's a good idea to explore the site and get familiar with how it operates for you to use it.
How Do I Place A Bet In Online Casino Sports Betting?
Sports gambling depends on what sport you have chosen to gamble on, and winnings are distributed after the final event. In general, there are three types of sports gambling. When you are "betting against the spread," a bettor makes a prediction of whether or not the team in favor will win by a certain number of points or not. The spread is known as the point lead which represents the weaker team estimated to lose by a specific number of points. 11-10 bets identifies a bet against the spread. So, if a bettor bets $11, they will win $10, making a total of $21.
Betting Against The Odds In Online Casino Sports Betting
This is one of the most popular form of gambling on sports, making it an easy bet where a gambler predicts the winning team.
Betting Over-Under In Online Casino Sports Betting
Alternatively, your gamble can also be placed as "over-under." During an over-under bet, the bettor wagers that the total amount will rise above or fall short of the certain total amount that was stated by the bookmaker.
Proposition Betting In Online Casino Betting
Proposition gambles are made when sportsbooks make forward bets at certain odds and conditions. Bettors take a guess on the score of the amount of points or scores depending on the sport. Spread bets are the main bets that are made. Spread bets are usually referred to as straight bets because their payments involve even amounts of money.
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