Get ready to learn how to bet and win with this simple guide, then head to your favorite sportsbook and place a bet with the best online sports betting odds.
How to bet and win with contrarian betting
If you want to learn how to bet and win, you’re in the right place.
The first thing you need to know about sports betting is that not everything is what it seems.
So this means that the lines that you get from your bookmaking operator are probably not the most convenient ones to make cash.
Instead, you should learn all about contrarian sports betting.
This is really how to bet and win as you’re wagering versus heavy cash that moves the line and creates poor odds for the public.
When you go contrarian, it’s not just about betting the underdog team time and time again as you’ll need to become a master at identifying great wagering opportunities.
The reason is that there are hundreds of college teams, and that means that oddsmakers can’t analyze all the small teams, giving you the chance to score big with a wager on an undervalued underdog. Check out this how to bet on sports guide.
How to bet and win with opening lines
You should also try to avoid placing a bet near game time as you’re getting the worst possible betting odds.
What you want is to make a bet as soon as the wagering line opens. So, you need to find and bet with the sportsbooks that offer opening lines.
This is because some sportsbooks base their lines on what the best sportsbooks do, and you definitely want to work with the latter group of bookmaking operators if you really want to have a chance at winning your bets.
Now, here’s the reason why you want to bet with opening lines:
When the line opens, it’s fresh, and that means that there are still a lot of things to consider for the bookies to get a complete edge.
As game time approaches, oddsmakers will continue to move the line favoring public money, and that means that the wagering line will continue to worsen, making it impossible for the average bettor to win a wager.
So, you want to pick up that fresh line, posted something like a week before game time, and place a bet on it as quick as you can.
How to bet and win with your bankroll
If you want to learn how to bet and win, you should also become a professional at managing your bankroll.
In fact, you should keep a separate bank account for your wagering and for your personal life.
This allows you to know exactly how much cash you’re spending, preventing you from going overboard with your credit limit, for example.
Now, once you’ve established a monthly amount for your bankroll, make sure to stick to it and never let go.
This is because if you continue to operate with your bankroll, this will create the kind of discipline that you’ll need to master wagering and learn how to bet wisely and win easily.
How to bet and win: The juice or vig
Let’s now in this how to bet and win guide explain what the juice is.
The juice, also known as the vig or vigorish is the actual percentage your sportsbook charges you for booking your wager.
When you place a bet, you’ll likely see -110 next to a team.
What this means is that for every $100 you want to make, you need to bet $110.
As you can see, this is not an even-money bet, and instead, there’s an extra $10 involved, and that’s the vig.
You can also see it this way: You get $10 for every $11 you risk.
Now, the juice is not always a 10% of the bet you make, as you can commonly see lines that read -115, -120, etc.
How to bet and win: Betting types
If you want to learn how to bet and win, you also need to be fully familiarized with the different betting types.
These are the main ones you’ll be getting your action on:
How to bet and win: Straight Bet or SU
Let’s start explaining how to bet and win with the different betting types with the straight bet.
A straight wager or SU it’s just a bet on your favorite team to win, that’s it.
There are two types of straight bets you can make:
- The point spread
- The money line
How to bet and win: The point spread
Now in our how to bet and win guide, let’s check out what the point spread is.
The point spread is how oddsmakers create a balance between a good and bad team.
Here’s an example:
- Buccaneers -7
- Patriots +7
As you can see, with Tom Brady gone from the Pats, and with the Bucs recent Super Bowl win thanks to him, Tampa is now one of the best teams in the NFL, and for that reason, this line shows them as -7 points favorites versus Brady’s former, struggling team, New England.
So, because the Buccaneers are the best of the two franchises, they need to win this game by seven points or more than that, and that’s exactly what the -7 means.
Let’s say the Bucs defeat the Pats 42 to 12, then when you subtract 7 points from the total number of points scored by Tampa, you still get Tampa as the winners with a score of 35-12.
But, let’s say that Tampa wins the game 21-18. Then, when you subtract the 7 points from the Bucs’ final score, you get that they lost in terms of betting 14-18, and that means that you lose your bet.
Now, you can also place a bet on the Patriots as the non-favorite team or underdogs. In this case, New England is given an extra seven-point advantage before the game even started.
So, let’s say that the game finishes 21-18 favoring Bucs, then, when we add the extra 7 points for the pats, they get a total score of 25, so, for wagering purposes, New England and their extra points win the game, and you win your wager.
How to bet and win: the money line
The second type of straight bet we’re analyzing in this easy how to bet and win guide is the money line bet.
This is a just a bet on your favorite team to win, without involving any sort of point spread handicap.
So, if you want to place a wager on the Bucs to win, you’ll see something like -450. What this means is that you’ll need to risk $450 for every $100 you want to win.
On the contrary, if you place a bet on the underdog, let’s say New England, then you get to get bigger profits by risking less.
For example, you can see a line that reas Patriots +300. What this means is that you need to risk $100 for every $300 you want to win on New England.
How to bet and win: Parlays
Now let’s check how to bet and win with parlays.
A parlay is a public favorite, and the reason is because of the high profits you can obtain with a winning parlay by risking small cash.
The parlay is a multi-bet, which means that you’re adding different straight wagers and combining them into a single large bet.
For example, you can create a 9-team parlay for $10, and the earnings you can get for winning a wager like this are in the thousands of dollars.
With that said, to win a parlay very difficult, and that’s why you’re promised so much cash.
In fact, parlays are how bookies make most of their cash as the public loves the promise of big returns for a small investment.
If you really want to learn how to bet and win, then this involves avoiding parlays with a lot of bet selections.
Actually, pro bettors avoid parlays at all costs and instead they bet straight bets only.
And if you want to get lots of wins on your betslips, you should do the same.
Although you can try two-team parlays from time to time, but that only after analyzing both of your bet selections with extreme care.
How to bet and win: The total
Next, let’s see how to bet and win with the total.
When you place a bet on the total, this means that you’re betting on the combined score of both teams at the end of the game.
For example, you can see an NBA game that reads Total O/U 215.
The 215 are the combined points for both teams, and you need to decide if the actual score will go over 215 points, or under 215 points.
It’s as simple as that.
How to bet and win: Props
Now let’s learn about how to bet and win with props.
A prop is a bet related to an in-game event. For example, a prop on who will score the first touchdown, or which team will get penalized first.
There are also very popular prop bets not related to sports, such as presidential election betting odds, etc.
How to bet and win: Futures
Now let’s see how to bet and win with future bets.
A future is a bet you make on a sporting event taking place in the future, such as the winner of of a conference, or the Super Bowl champ.
We hope you’ve enjoyed reading this easy how to bet and win guide, and we wish you the best of luck with your future action!