www.gloriabornstein.com Gambling Sports Betting 101

Sports Betting 101


The idea of betting on sports is exciting, but it’s not without risk. Whether you’re placing a bet on your favorite team or an underdog, it’s important to do adequate research before making your wagers. This includes checking weather forecasts, staying current with injury reports and examining past performances against the other team. The more time you invest in this research, the better your chances of winning are.

It’s also important to consider the factors that go into calculating odds for each game. In addition to the traditional win-loss record, teams are measured by their performance against the spread, known as their ATS record. A team that has a conventional win-loss record of 7-7, for example, might have an ATS record of 10-6. This is because the sportsbooks factor in a variety of different elements to determine how much a team should be expected to cover the spread, such as home-field advantage and injury history.

Another factor that goes into determining the odds for each game is public sentiment. Essentially, if the talking heads on ESPN are pumping tires for Seattle, then bettors will jump on that bandwagon and place their bets accordingly. Sportsbooks are well aware of this, which is why they often shade the lines toward popular sentiment. Ultimately, you should bet on the side that has the best odds of winning, not the one that catches your eye.

Aside from evaluating the odds for each game, it’s also important to understand the types of bets available. There are two basic types of bets, money lines and point spreads. A money line bet is a bet on which team will win a game and pays out according to the margin of victory. This type of bet is most common in baseball and hockey, which are lower-scoring sports.

Point spreads are used to balance out the moneyline bets by taking a certain amount of points away from the favorites and giving them to the underdogs. This is done in order to level the playing field between the two teams and encourage bettors to wager on both sides of the game. This type of bet is usually more profitable than a straight up bet because it offers a higher return.

The biggest mistake new bettors make is jumping in headfirst without researching the market. This can include checking reviews on sportsbook websites, looking up bettor forums and even doing a background check on sportsbook services, including their Better Business Bureau ratings. Taking the time to do this work will make you more confident in your selections and help you avoid the temptation of falling prey to scamdicappers.