If you’re new to betting or just looking to brush up on your skills, this introduction to betting techniques is for you. We’ll cover the basics of how to bet on sports, including point spreads, moneylines, and totals. We’ll also give you a few advanced tips to help you get the most out of your sports betting experience.
The first thing you need to know is how to read odds. Most sportsbooks will list the odds for a given game as follows: Point Spread: This is the most common way to bet on football and basketball. The point spread is the number of points that the oddsmakers believe will be scored by the favorite minus the number of points that will be scored by the underdog.
So, if the point spread is 7 points and you bet on the favorite, they must win by more than 7 points for you to win your bet. If they win by 7 points, it’s a push and your bet is returned. If they lose by less than 7 points, you lose your bet. Moneyline: This is a straight up bet on who will win the game. The odds will be listed as either a positive or negative number. A positive number means that team is favored to win and the higher the number, the bigger the favorite they are.
A negative number means that team is an underdog and the lower the number, the bigger the underdog they are. So, if the moneyline is +250 and you bet on the favorite, you would need to risk $100 to win $250. If the moneyline is -250 and you bet on the underdog, you would need to risk $250 to win $100.
Total: This is a bet on whether the total points scored in a game will be over or under a certain number set by the oddsmakers. So, if the total is set at 45 points and you bet the over, you are betting that there will be more than 45 points scored in the game. If there are only 44 points scored, then you lose your bet.
Now that you know how to read odds and understand what they mean, let’s take a look at some advanced betting techniques that can help you win more money.
Shop for the best lines: One way to give yourself an edge is to find the sportsbook that is offering the best lines for the games you want to bet on. There are a few ways to do this. The first is to sign up for multiple online sportsbooks so that you can compare lines side by side. The second is to use a line shopping service like Odds Shark which will do all of the hard work for you and tell you where to find the best lines.
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