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The point spread’s sole purpose is to even the betting so that the total amount bet on the underdog is equal to the total amount bet on the favorite. The book makes its cash on the vigorish or juice. Therefore, if the amount bet on the underdog matches the total amount bet on the underdog, the book is guaranteed a 10% profit on half the bets made, regardless which team covers.
The very best linesmakers are those who have a feel for what the betting public believes. The betting line they set reflects the betting public’s perception of the strength of the two teams. It isn’t going to necessarily reflect the true relative strengths of the two teams. And also the sportsbook betting public’s perception is often wrong.
When you understand that concept, anything else will start to fall into place. You may have an edge over most bettors.
Be objective. Listen to you head not your heart. Do not bet against the Cowboys just because you want to see them lose. And, do not bet on a team just because you like the team. And do not bet on your favorite team in case you are an avid fan. It’s extremely hard to be objective. Fans tend to be overly optimistic about their favorite team or overly pessimistic if things are not going well.
Be consistent. Bet the same amount on each game. Some players bet $200 on games they think are locks and $100 on ones they are not so sure of. It’s those not so sure of bets that rack up the losses. In case you are uncertain about a game, do not bet it.
Should you bet on the home team? Generally no. On the contrary, if you’re able to be objective, you’ve got an advantage. You probably know more about your home team than those in other parts of the country since the local media gives extensive coverage to the home team, coverage which is not shared with the rest of the country.
Look for Trends. If you spot a trend, component that into your decision. Some teams have other teams’ number. In the last 4 years the 49ers have covered against the Rams 7 of 8 times and good online soccer gambling agency (Highly recommended Resource site) the one time they didn’t, Young was hurt and they had to play Druckmiller, a rookie. In the last five years, Green Bay has lost 4 out the 5 games played in Detroit.
Trends are not guarantees. The trend might not hold and also you lose your bet. But, remember the idea is to increase your probability of winning. According to past performance, if you bet on the 49ers to cover against the Rams, you’re more very likely to win your bet than to lose.
Place your bets late within the week. By waiting until the end of the week, you’ll know about any injuries to key players that might affect how you bet. Regularly, players are injured or aggravate an injury in practice. Or what seemed like a minor injury on Tuesday may turn out to be one that can keep the player out of the game. On top of that, weather conditions might affect your bet. Inclement weather often keeps the scoring down.
Limit the Range of Games You Bet. More is not better. The optimum number appears to be 3 to 6 games. Anymore and also the winning percentages tend to decline because the law of averages is necessary. (The more games you play the better likely you are to have 50% winners and 50% losers. And that’s a losing season, because of the juice.) Also, it’s simpler to focus on a limited number of games.
Losing Streaks Happen. No matter what, you may count on a losing streak. It happens to handicappers, professional gamblers, casual bettors, and even books. Be well prepared to ride it out. When you are using Pro Predictor or possibly a handicapping service, you need to stick with it throughout the season to be able to come out a winner. Leaving at the first sign of a losing streak will guarantee you lose for the season. Suppose you drop out only to possess the handicapper go 5 for 5 the next week. Those are 5 wins you are going to never have and can affect your overall winning percentage.
Never Bet Against a Streak. This really is a key to increasing your winning and decreasing your losses. Consider this a betting mantra. Say it over as well as over until it really is firmly embedded in your mind. Never bet against a streak. And, when you are going to bet on streaks, bet the streak continues. And it doesn’t matter whether or not the streak is a winning streak or a losing streak. Ironically, logic will tell you that the odds of a streak continuing double with each additional week and also you should bet against it. But there’s a hidden trap.
Consider the following scenario: In week 10, you notice that Green Bay has covered for 4 weeks in a row. Should you bet that the streak will end? As always, a week the odds against the streak continuing double.
Betting Against the Streak: You bet $100 against Green Bay covering in week 11. Sure enough, they fail to cover. You are $100 ahead. But what happens whenever they do cover as well as the streak continues. You are $110 in the hole. What do you need to do? Do you bet another $100 against the streak in week 12 because the odds against the streak continuing are even greater? In the event you do, and also the streak ends, you win $100 and now are only $10 loser and that is the end of that. Yet, if the streak continues, you are now $220 in the hole. What do you do now? Do you bite the bullet and take your losses or do you fall in to the trap of chasing your loses? Do you continue and try to get back some of your losses? Do you double up within an attempt to cover your loses? Don’t do it. Doubling up is never a wise idea. It’s another trap that will cause you to have huge losses and it isn’t worth the gamble.
Betting with the Streak: You bet $100 that Green Bay will cover again in week 11. Should they fail to cover, you’ve lost $110 and that is that, much like a regular straight bet. But what happens if they do cover and also the streak continues. You are $100 to the excellent and if you continue to bet on the streak, the most you can lose is $10. If you bet another $100 with the streak in week 12 and also the streak ends, your net losses are $10. Nonetheless, in the event the streak continues, you are guaranteed to come out at least $90 ahead and with each addition week the streak continues, you add another $100 to your winnings.
So, if you bet against a streak, the most you may win is $100 but you the amount you can lose is limited only by the length of the streak. If you bet with the streak, the most you can lose is $110, but the amount you can win is limited only by the length of the streak.
