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Beginners Tips For Online Sportsbooks
Online sports betting has defied all odds and has become the preferred betting platforms for most bettors. Their popularity is growing at an alarming rate due to their simplicity and the user-friendly features they offer. But how can you get the most out of online sports betting? Here are some of the tips that are suitable for both beginners and active sports bettors.
a) Try to assess common betting odds
The best and safest way to learn online sports betting is to track and understand the possibility of a successful bet occurring. You should realize that the betting lines are usually at the $50 mark. In cases where the number is negative, then the bettor is forced to bet a certain number of times to win the $50. For example, whenever a bet line is -200, it is mandatory that you bet $200 to guarantee a win of $50. But what if the betting line is positive? (for example +150). The rule here is that you will earn a profit of $150 for every $50 you bet. It just means you can win an extra $50 if the bet line is positive instead of negative.
Moreover, if the bet is positive, there is always a guarantee that the bet is returned to the bettor collectively combined with the interest earned. For example, if the bet line was +180, you are still guaranteed to make a profit of $230 which is added to the $50.
Note that we have used the example of $50 as the betting line in this context but it can be any number.
b) What online sports bets do you know?
You can participate in any online bookmaker as long as you know the betting odds. There are three commonly recognized types of sports betting, which include moneyline, total and finally side.
A “moneyline” bet is the simplest and fastest type of online bet. It doesn’t involve a lot of attributes; it is simply a bet made on who will be the winner between the opponents. Bettors can give any bet that normally doubles if the team the person is supporting wins.
Another common online sports bet is the “side”. The side is generally used by bettors to find the balance between the two sides of the game. It is a complicated type of bet but widely used by American players. For example, if the line maker decides that Arsenal lead Manchester United by 15 points and you decide to back Arsenal -15, then you are likely to get -65 odds. Only if Arsenal beat Manchester United by 15 points. But the condition is reversed if Arsenal get less than 15 points. In this case, Manchester United is declared the winner. Finally, in the event of a tie, all stakes are returned to the players. This is called a “push”.
“Total” is also another popular online sports bet. But how does it play? It is a bet that determines the combined total points of both sides in any sporting event. The line maker can decide to set a specific point total such as 30. If one decides to bet less than this mark, it is called “under”, otherwise it is called a “push” for any bet at the above the 30 point mark. A draw bet is also called a “push”, which directly implies that the money must be returned to the bettors. However, betting on a draw is not easy and as such the line maker normally creates a betting line where it is possible to find the winner.
With these online sports betting tips, I believe you can eventually stand up and become an expert sports bettor.
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