What are the Basics of Sports Betting?

Sports betting has exploded in popularity over the past decade with every sports fan looking to profit from their knowledge. But betting on sports is much more than simply identifying the good teams in each league and backing them consistently as the betting line is the great equalizer. One of the main keys to becoming a successful sports bettor is understanding where the value lies and playing on those numbers that you believe to be below market value for a particular game.

How to Understand Sports Betting

That’s the basic idea for picking winners, but other things like money management and not chasing losses are just as much a part of becoming a solid sports bettor in the long run.

Understanding everything that goes into sports betting isn’t achieved overnight and there is typically a steep learning curve for new bettors getting in on the action. Becoming successful in an industry like this – whether recreationally or professionally – takes a lot of hard work and digging into specific scenarios, trends, and numbers. Just because you believe a team will win a game doesn’t ensure that they will cover the point spread and more often than not, moneyline wagers on those same teams in that scenario are too steeply priced to be worth the risk long term. 

Since the popularity of sports betting has ballooned of late, there are no shortage of sportsbooks – either online or brick and mortar – that are happy to book your wagers, but it’s up to you to shop around for the best numbers (ie price) to ultimately maximize your wins and minimize your losses.

Where Can I Find Good Sports Betting Advice?

Finding good sports betting advice takes time and a lot of research along the way. Eventually, you will develop your own prefered style of handicapping and gravitate to other sports bettors sharing their advice from a similar angle. Increased popularity means there are many more opinions on games and betting methods out there and you’ve got to filter out the good from the bad and find what works for you. In terms of general resources, finding websites that show betting percentages on games can be a good place to start because typically most people fail at sports betting long term. Being in the minority isn’t necessarily a bad thing in this business under that knowledge.

Also, websites such as SportsBettingReviews.ca provide bettors with great daily information from individual selections on games, to general betting knowledge and breakdowns of what to look for. 

Related articles
Sports News - 14/01/19
NFL Conference Finals 2019 – Brady Passes The Torch 
The 2019 NFL playoffs boil down to the four best teams in the league, promising a pair of outstanding clashes on Sunday, January 20th. New England will travel to Kansas City to determine the AFC conference championship, while the Los Angeles Rams will visit the New Orleans Saints for the NFC championship. NFL odds this week favor the Chiefs and the Saints by a field goal, with the expectation of home advantage lifting Kansas and New Orleans to Super Bowl LIII.
Read this article 
Sports News - 07/01/19
NFL Divisional Playoff Odds 2019 – End Of Patriots Era? 
Three of four road teams won on wild card weekend, setting up a fierce foursome of fantastic NFL divisional round clashes. Listed as one of the best teams for Super Bowl 2019 odds, the Patriots dynasty may end against a fantastic Chargers squad. The Chiefs, Rams and Saints appear ready to defend their home field against the Colts, Cowboys and Eagles, likely to beat the spread against inferior opponents.
Read this article 
Sports News - 31/12/18
2019 NFL Wild Card Odds – Road Teams Ready To Rumble 
An incredible close to the regular season sets up four fantastic wild card games to kick off the 2019 NFL playoffs. Excepting the Chargers and Bears, who’ve played solid football all year, the rest of wild card entrants reserved playoff spots by finishing the season on fire. Division winners will be favored in most of these matchups, but anything can happen in a single game elimination.
Read this article 
Sports News - 18/12/18
NBA Championship Futures Odds 2019 
The Toronto Raptors have emerged as the main contenders against the reign of the Golden State Warriors in 2019. NBA futures betting show Golden State as overpowering favorites to win another championship, especially in a weakened western conference. However, the rise of the eastern conference this season will produce a strong challenge from Toronto, the Boston Celtics or the Philadelphia 76ers, all of whom feature the personnel needed to upset the champs.
Read this article 
Sports News - 06/12/18
2019 Super Bowl Odds 
Super Bowl LIII takes place on February 3rd at the Mercedes-Benz Stadium in Atlanta. An unprecedented offensive outburst from the league this season promises a high-scoring championship game. NFL Super Bowl futures over the stretch run features the Rams, Saints, Chiefs and Patriots as popular favorites. Clubs like the Los Angeles Chargers and Pittsburgh Steelers offer superb value as potential contenders.
Read this article