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Make Money Making Sports Bets
We’ve all heard of the guy who bet on the Superbowl underdog team and walked away with thousands of dollars, or the friend of a friend who knows a guy who can hook you up to a Filipino cockfight the next weekend.
If you’re a sports fan, it’s a pretty safe assumption to say that you know that betting, legal and illegal, takes place on virtually all professional games and many college games.
Simply placing a bet can be a confusing affair – sports betting has its own lingo and systems vary. Figuring out how to bet enough to make money is another matter altogether. How are odds determined? Who sets the line? What percentage of the time do you need to save to break even?
In this article, I’ll acquaint you with the lingo of the betting and odds world and show you how one of the world’s favorite pastimes can make you big bucks when you know what you’re doing.
Sports Betting Basics
Different sports have different systems for creating odds and betting. There are even different systems for the same sport, depending on the type of game the bettor wishes to play. But to understand any of these systems, you must first understand the jargon.
Action – Action is simply a betting activity. Phrases such as “I want to get in on the action” or “Show me where the action is” come from this term. Since sports betting is illegal in many places, you can’t always look up your local sportsbook in the phone book.
Handicap – In sports betting, “handicap” means giving a team a point advantage in order to even the betting field.
Sportsbook – An establishment that takes bets, also known as the book. An individual who takes bets is a bookmaker.
Juice – This is the percentage of all bets taken by the bookmaker as profit. The juice is also known as vig, short for vigorish. Sometimes bookmakers take a direct percentage of the handle, but more often than not the vigor is included in the odds
Handle – The handle is the total amount of money wagered on bets. Super Bowl betting generates the biggest handle of the year for most bookmakers.
The spread – The point spread is used in high scoring sports like football and basketball. It is essentially a handicap used to make all games competitive in the eyes of bettors. The gap gives a team a few points advantage. The standard notation for the point spread shows the favorite team first, followed by a negative number (the actual spread). The home team is indicated in capital letters.
You can make sports bets on soccer, football, baseball, basketball… well just about any sporting event on the planet and you can make a lot of money out of it, if you do. the right way. If you’ve ever wanted to place a bet yourself, but weren’t really sure it was worth it, you’ve come to the right place. Gambling most definitely means that someone has to win and someone has to lose. What if you could find a way to tip the scales and be on the winning side with almost every bet you make.
Sports betting systems are proven ways to help increase the odds of winning when betting on sports. Professional bettors and handicappers have designed these systems to allow us amateur bettors to learn the tricks and trades they use to succeed in sports betting.
Sports betting systems refer to a set of events which, when combined for a particular game for a particular sport, represents a profitable betting scenario. Since sports betting involves humans, there is no deterministic house or player advantage. The systems allow the player to have an advantage.
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