Sport Betting For Dummies

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  4. Sports Betting For Dummies

Learn betting basics like how to read & understand odds, moneyline betting, betting against the spread and over / under bets. Articles cover introductory betting concepts for beginner bettors to learn the in's and out's of online betting. The sports betting “vig” (short for vigorish), “juice”, is a commonly used term by sports bettors to reflect what the sports betting operator’s take, handle, or hold on a given game is. Sports Betting 101 for Dummies. Now days everyone is placing online bets, be it for fun, for some extra pocket money or to make some serious cash and make a daily living from sports betting. A sports betting system is an advanced stage in this practice. It is not as easy as it looks and it normally takes a sports.

If you like unscripted drama, boy do I have a concept to sell you. It's called sports, and every single facet of it is must-watch television. In today's world, the rate at which we consume breaking news in the sporting world is breathtaking. The rate at which we process, analyze and form thoughts on sporting events or players is next to none. If you enjoy doing all of that and want even more, I suggest you try getting involved in sports betting. At&t pebble beach betting odds. Now, before you start worrying about needing to go into the shady room at the back of your local pub, I must tell you that only happens in movies. But you don't live in Las Vegas? Well, today's technology allows us to make bets from our computer or mobile device from anywhere in the world. It's really quite simple and extremely safe to do.

Sport Betting For Dummies Download

If your interest is still piqued and you would like to get into the world of sports betting, let me walk you through a few important steps on how to get started and what to do or look for.

Choosing a Sportsbook(s)

First things first - you need a place to make your wagers at. If you live in Las Vegas and can physically get to a brick-and-mortar Casino to make a wager then you are all set. If you are like me and reside outside of Sin City, then you must create an account with one of the many online sportsbooks currently in market. For starters, the online sports betting industry has been thriving for the last handful of years and is only getting bigger and better. Before you create an account, I would recommend sifting through the list of Doc's sportsbook bonus guide and find one that fits your needs. Some sportsbooks offer reduced juice (5Dimes), while some offer an extensive list of in-game options and teaser options.

Some sportsbooks have a small minimum deposit requirement, but all of them offer a plethora of deposit methods. Once again, make sure to do your homework on a sportsbook before you sign up so that you are completely comfortable and understand their services.

Starting a Bankroll

Now that you've decided which sportsbooks you will create an account at, you must make your first deposit. Whether you plan on placing wagers sporadically for fun or with any sort of seriousness to turn a profit, you must be clear about your bankroll. It is vital that you separate your betting money from your normal money. This will help you keep track of whether you are actually winning or losing. However, more importantly, it will help you to avoid financial problems and avoid using money allocated for bills or groceries to fund this hobby. The more safeguards you have in place in terms of the bankroll, the better off you will be and the more enjoyable it will be.

Understanding the Odds

I understand the overwhelming feeling of looking at the odds board or hearing new lingo and not knowing what any of it means. I was new to the betting scene once before. If you are having trouble understanding the lingo, our Glossary will help you understand what every word/phrase in the industry means. In the meantime, some of the most important things to understand in the betting industry are the betting odds. There are a slew of different betting options, but the odds and prices you bet on are what will make your break your bankroll. You should understand the difference between a -115 line and a -105 line on all point spread bets. With a -115 line, you must wager $115 to win $100. With a -105 line, you will wager $105 to win a $100. While the $10 savings may not seem like a big deal at the time, trust me, it adds up over the long run. Something else to consider when trying to understand the odds is the parlay payouts. While parlays are generally sucker-bets, you want to be able to get full value if you do happen to hit one. Do your research and find out what kind of odds each sportsbook gives out on two-, three-, four-, 10- or even 12-team parlays.

Have a Game Plan

Looking at the betting board is essentially like being a kid in a candy store. There are so many amazingly good-looking options to choose from, and you want to pick a little from each shelf. In sports betting, that's the quickest way to go broke. My suggestion to you would be to pick one sport you enjoy the most or know the most about and stick to that sport. Doesn't matter if that's the NHL or MLB. The minute you start placing wagers on sports you know nothing about like WNBA or Tennis or the French Basketball League is the minute your bankroll goes from full to empty. Sticking to one sport will help you improve your betting habits and allow you to focus in and find league quirks, profitable betting situations, solid ATS teams, and everything in between. The more you know, the better educated your wager will be.

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How to bet on sports and useful information

Are you new to the world of sports betting? Need some help cutting your teeth before getting into sports betting action?

You’ve come to the right place.

SportsBookWire’s betting and wagering 101 series is designed to give you the how-to information you need to know to make more educated bets. Before you can walk the walk, you’ll need to talk the talk. Use these handy reference sports betting pages to help build your knowledge base before making a sports bet.

Wager 101: Sports Betting Terms and Definitions

Common and not so common sports betting terms in the world of sports betting that you need to be familiar with. Do you know what “juice” is? How about what a “chalk” bet is? We’ve got your back.

What does chalk mean in sports betting?What is a sharp in sports betting?

Sports Betting and Wagers 101: Types of Bets

What’s an over/under bet? How about betting against the spread? We’ve got you covered on the most popular types of bets and what each type means.

What is a moneyline bet?What is a point spread or “betting the spread” in sports betting?What does over/under mean in sports betting?

Sports betting by State

Legal Colorado Sports Betting

Sport Betting For DummiesColorado legal sports betting: How to bet on the Denver Broncos for beginner bettors

Sports Betting and Wagers 101: What do odds lines mean in sports betting?

New to sports betting? You’re going to see a lot of things like -200, +137, etc. tied to sporting events. Here, we break down what those numbers mean to you.

What does -200 mean in sports betting?

Sports Bets ands Wagers 101: Important Sports Events (coming soon)

Want to have some action in some of the most popular sports events of the year? We’ve got you covered on a month-by-month basis in our important sports events of the year.

Sport Betting For Dummies Pdf

Wager 101: States you can legally place sports bets in (coming soon)

Wondering where you can place a legal sports bet? We break it down for you on a state-by-state basis.

Wager 101: March Madness and College Betting Strategy

What and When is Selection Sunday? – What and when is Selection Sunday? Hint: It’s what helps create March Madness. The rest can be found after the jump.

Betting 101: Tips for rookie/new sports bettors

Betting 101: Avoid these 8 common mistakes rookie sports bettors make

Wager 101: Baseball Betting Tips and Strategy

Using splits to better predict MLB betting upsets – A guide toward using split MLB statistics to help predict upsets in baseball games.

Betting 101: Horse Race Betting Tips and Strategy

Basic tips for betting on horses

Follow SportsbookWire on Twitter

We’re all in this together. The beauty of sports betting is we all are trying to take the house’s money. Lets work together to make everyone a better, more accurate and more profitable sports bettor.

Make sure to also follow us on Twitter for quick-hitting thoughts, trends, analysis, bad jokes and cool re-tweets. We’re at @SportsbookWire.

Sport Betting For Dummies For Dummies

Sport Betting For Dummies

Sports Betting For Dummies

And be sure to check back often, as this area will continue to expand regularly.