Easy sports betting guide with the information and tips that can help you get an edge when placing a bet.

Sports Betting: The Sportsbook

The first sports betting concept you need to familiarize yourself with is the sportsbook.

When you bet with a sportsbook, you are placing a wager on an event through the sportsbook.

The sportsbook will offer odds on various outcomes of the event, and you can choose to bet on whichever outcome you think is most likely to occur.

If the outcome you bet on occurs, you win the bet and the sportsbook pays you according to the odds that were offered.

If the outcome you bet on does not occur, you lose the bet and the sportsbook keeps your money.

There are many different types of bets that you can place with a sportsbook, including moneyline bets, point spread bets, over/under bets, and more.

You can also bet on a variety of different sports and events, including football, basketball, baseball, soccer, and many others.

Overall, betting with a sportsbook can be a fun and exciting way to engage with your favorite sports and potentially make some money in the process.

Just be sure to do your research and make informed bets to increase your chances of winning.

Sports Betting: Offshore Betting

Offshore betting refers to the practice of placing bets with a sportsbook or gambling establishment that is located outside of the bettor’s country of residence.

Offshore betting is often done online, through websites or apps that are operated by offshore sportsbooks.

One advantage of offshore betting is that it can offer a wider range of options and markets than may be available through domestic sportsbooks.

Offshore sportsbooks may offer a wider range of sports, leagues, and betting options, which can be attractive to bettors who are looking for more variety.

Another advantage of offshore betting is that it can offer better odds and higher payouts than domestic sportsbooks.

This is because offshore sportsbooks do not have the same overhead costs as domestic sportsbooks, and may be able to offer more favorable odds as a result.

In addition, offshore betting can be more convenient than domestic sports betting, as bettors can place bets from anywhere with an internet connection, at any time.

However, it is important to note that offshore betting is not always legal, and bettors should be aware of the laws and regulations in their country of residence before placing bets with offshore sportsbooks.

Where to Bet: Online Sports Betting

Nowadays and thanks to online sports betting, all you need to place a bet is a smartphone, computer, or tablet.

Online sports betting has several advantages compared to traditional in-person betting at a sportsbook or gambling establishment.

One advantage of online sports betting is convenience. With online sports betting, bettors can place bets from anywhere with an internet connection, at any time.

This is in contrast to traditional in-person betting, which requires the bettor to be physically present at a sportsbook or gambling establishment.

Another advantage of online sports betting is the wide range of options and markets available.

Online sportsbooks often offer a wider range of sports, leagues, and betting options than traditional sportsbooks, allowing bettors to find the bets that are most suitable for them.

In addition, online sports betting can offer better odds and higher payouts than traditional sportsbooks, as online sportsbooks do not have the same overhead costs as physical establishments.

Finally, online sports betting can be more secure than traditional sports betting, as online sportsbooks use advanced security measures to protect the privacy and financial information of their customers.

Online Offshore Sports Betting

Online offshore sports betting refers to the practice of placing bets with a sportsbook or gambling establishment that is located outside of the bettor’s country of residence, through an online website or app.

One advantage of online offshore sports betting is the convenience of being able to place bets from anywhere with an internet connection, at any time.

This is in contrast to traditional in-person betting, which requires the bettor to be physically present at a sportsbook or gambling establishment.

Another advantage of online offshore sports betting is the wide range of options and markets available.

Offshore sportsbooks often offer a wider range of sports, leagues, and betting options than domestic sportsbooks, allowing bettors to find the bets that are most suitable for them.

In addition, online offshore sports betting can offer better odds and higher payouts than domestic sportsbooks, as offshore sportsbooks do not have the same overhead costs as physical establishments.

However, it is important to note that online offshore sports betting is not always legal, and bettors should be aware of the laws and regulations in their country of residence before placing bets with offshore sportsbooks.

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Sports Betting Basics

Here are the basics concepts related to sports betting. Once you have a good grasp of these, you will feel extra confident about placing a bet.

Sports Betting: Favorite, Underdog

In sports betting and gambling, the favorite is the team or participant that is expected to win a particular game or event.

The underdog is the team or participant that is not expected to win.

The favorite is usually given a negative point spread, meaning they must win by more than a certain number of points in order to win the bet.

The underdog is given a positive point spread, meaning they can lose by a certain number of points and still win the bet.

The point spread is meant to balance the odds between the two teams, making it more difficult to predict which team will win and making it more interesting for bettors.

Sports Betting: Moneyline, Point Spread, Total

Now in this sports betting article, let’s see information about the moneyline, point spread, total.

Sports Betting: Moneyline

Let’s see how to bet sports betting moneyline favorites and underdogs.

Moneyline Favorite

Sports Betting on a moneyline favorite means that you are placing a wager on a team or individual that is expected to win the event.

The team or individual that is favored to win is referred to as the “favorite,” while the team or individual that is expected to lose is referred to as the “underdog.”

When you bet on a moneyline favorite, you will typically have to risk more money in order to win a smaller payout.

This is because the favorite is more likely to win, so the sportsbook will offer lower odds (and therefore a smaller payout) on a bet on the favorite.

For example, if you want to bet on the New England Patriots to win a football game, and the Patriots are listed as a -250 moneyline favorite, you will have to risk $250 to win $100.

This means that if you place a bet of $250 on the Patriots and they win the game, you will win $100 in addition to getting your original $250 bet back.

On the other hand, if you want to bet on the opposing team (the underdog) and they win the game, you will have the opportunity to win a larger payout because they are less likely to win.

It’s important to keep in mind that betting on moneyline favorites can be riskier than betting on underdogs, because there is a higher expectation that the favorite will win.

However, if you do your research and feel confident about your bet, betting on a moneyline favorite can be a good way to potentially make some money.

Moneyline Underdog

A moneyline underdog is a team or individual that is expected to lose an event according to the sportsbook.

When you bet on a moneyline underdog, you have the opportunity to win a larger payout if the underdog wins because they are less likely to win according to the sportsbook’s odds.

For example, if you want to bet on the Seattle Mariners to win a baseball game, and the Mariners are listed as a +200 moneyline underdog, you will have the opportunity to win $200 for every $100 you bet if the Mariners win the game.

This means that if you place a bet of $100 on the Mariners and they win the game, you will win $200 in addition to getting your original $100 bet back.

On the other hand, if you want to bet on the opposing team (the favorite) and they win the game, you will have to risk more money in order to win a smaller payout because they are more likely to win according to the sportsbook’s odds.

Betting on moneyline underdogs can be a good way to potentially make some money if you do your research and feel confident about your bet.

However, it’s important to keep in mind that betting on underdogs is generally riskier than betting on favorites because there is a higher expectation that the favorite will win.

Sports Betting: Point Spread

In sports betting, the point spread is the number of points that are used to even out the odds on a game or event.

Let’s see how to bet sports betting point spread favorites and underdogs.

Point Spread Favorites

The team or individual that is favored to win is referred to as the “favorite,” while the team or individual that is expected to lose is referred to as the “underdog.”

When you bet on a point spread favorite, you are betting that the favorite will win the game or event by more points than the point spread.

For example, if the point spread for a basketball game is 7 points, and you bet on the favorite, you are betting that the favorite will win the game by more than 7 points.

If the favorite does win by more than the point spread, you win the bet.

If the favorite wins by exactly the point spread, the bet is a push and you get your money back.

If the favorite loses the game or wins by fewer points than the point spread, you lose the bet.

Betting on point spread favorites can be riskier than betting on point spread underdogs because there is a higher expectation that the favorite will win the game or event.

However, if you do your research and feel confident about your bet, betting on a point spread favorite can be a good way to potentially make some money.

Point Spread Underdogs

The team or individual that is favored to win is referred to as the “favorite,” while the team or individual that is expected to lose is referred to as the “underdog.”

When you bet on a point spread underdog, you are betting that the underdog will either win the game or event outright, or lose by fewer points than the point spread.

For example, if the point spread for a football game is 7 points, and you bet on the underdog, you are betting that the underdog will either win the game or lose by fewer than 7 points.

If the underdog wins the game or loses by fewer points than the point spread, you win the bet.

If the underdog loses by exactly the point spread, the bet is a push and you get your money back.

If the underdog loses by more points than the point spread, you lose the bet.

Betting on point spread underdogs can be a good way to potentially make some money because you have the opportunity to win a larger payout due to the higher risk associated with betting on an underdog.

However, it’s important to keep in mind that betting on underdogs is generally riskier than betting on favorites because there is a higher expectation that the favorite will win the game or event.

Sports Betting: Over/Under or Total

Here are the advantages and disadvantages of betting the over or the under:

Betting the Over

Betting the over in sports betting means that you are wagering that the total number of points, goals, or runs scored by both teams in a game will be more than a certain number set by the sportsbook (the “over/under”).

Here are some potential advantages and disadvantages of betting the over:

Advantages:
  • Higher potential payout: If you bet the over and the total number of points scored is higher than the over/under, you have the opportunity to win a larger payout because you are taking on more risk by betting on the over.
  • More exciting to watch: If you enjoy high-scoring games, betting the over can make the game more exciting to watch because you are rooting for both teams to score as many points as possible.
Disadvantages:
  • Higher risk: Betting the over carries more risk than betting the under because you are betting that the total number of points scored will be higher than the over/under. If the total number of points scored is lower than the over/under, you lose the bet.
  • Can be influenced by factors outside of the game: The total number of points scored in a game can be influenced by factors outside of the game, such as the weather or injuries to key players. This can make it more difficult to predict whether the over or under will be the correct bet.

Overall, betting the over can be a good option if you are willing to take on more risk in exchange for the potential for a higher payout and a more exciting game to watch. However, it’s important to keep in mind that there are also potential disadvantages to consider.

Betting the Under

Betting the under in sports betting means that you are wagering that the total number of points, goals, or runs scored by both teams in a game will be less than a certain number set by the sportsbook (the “over/under”).

Here are some potential advantages and disadvantages of betting the under:

Advantages:
  • Lower risk: Betting the under carries less risk than betting the over because you are betting that the total number of points scored will be lower than the over/under. If the total number of points scored is lower than the over/under, you win the bet.
  • Can be easier to predict: The total number of points scored in a game can be influenced by factors outside of the game, such as the weather or injuries to key players. If these factors are likely to result in a lower-scoring game, it can be easier to predict that the under will be the correct bet.
Disadvantages:
  • Lower potential payout: If you bet the under and the total number of points scored is lower than the over/under, you win the bet but you will receive a smaller payout because you are taking on less risk by betting on the under.
  • Less exciting to watch: If you enjoy high-scoring games, betting the under can make the game less exciting to watch because you are rooting for both teams to score as few points as possible.

Overall, betting the under can be a good option if you are looking to take on less risk in exchange for a smaller potential payout. However, it’s important to keep in mind that there are also potential disadvantages to consider.

Sports Betting: Straight Bet, Parlay, Teaser, If Bet

Next in this sports betting article, let’s see information about straight bets, parlays, teasers, and if bets.

Sports Betting: Straight Bets

Now in this sports betting guide, let’s see how to bet on favorite and underdog straight bets.

Favorite Straight Bets

A straight bet on the favorite is a bet on the team or participant that is expected to win a particular game or event.

The odds of a straight bet on the favorite are usually lower than the odds on an underdog because the favorite is more likely to win.

For example, if the favorite is given -200 odds, a $100 bet on the favorite would pay out $50 in profit (plus the return of the original $100 bet) if the favorite wins.

If the favorite loses, the bettor loses their original $100 bet.

Underdog Straight Bets

A straight bet on the underdog is a bet on the team or participant that is not expected to win a particular game or event.

The odds of a straight bet on the underdog are usually higher than the odds on a favorite because the underdog is less likely to win.

For example, if the underdog is given +200 odds, a $100 bet on the underdog would pay out $200 in profit (plus the return of the original $100 bet) if the underdog wins.

If the underdog loses, the bettor loses their original $100 bet.

Sports Betting: Parlays

A parlay is a type of bet in which the bettor combines two or more bets into a single wager, with all the bets in the parlay needing to win for the bet to be successful.

Parlays offer the opportunity for larger payouts than individual bets because the odds for each bet in the parlay are multiplied together.

Let’s see the sports betting advantages and disadvantages of parlays.

Parlay Advantages

One advantage of parlays is that they allow bettors to potentially win a lot of money from a small bet.

For example, if a bettor places a $100 three-team parlay and all three bets win, the bettor could potentially win thousands of dollars, depending on the odds of the individual bets.

Another advantage of parlays is that they can be less risky than making individual bets, because all the bets in the parlay must win for the bet to be successful.

This means that if one bet loses, the entire parlay is lost, rather than just the money that was placed on the losing bet.

However, it is important to note that parlays are generally considered to be more difficult to win than individual bets, because all the bets in the parlay must be successful for the bet to pay out.

As a result, the odds for parlays are usually higher than the odds for individual bets.

Parlays Disadvantages

One disadvantage of parlays is that they are generally considered to be more difficult to win than individual bets, because all the bets in the parlay must be successful for the bet to pay out.

As a result, the odds for parlays are usually higher than the odds for individual bets, which means that the potential payouts are larger, but the chances of winning are smaller.

Another disadvantage of parlays is that they can be riskier than individual bets, because all the bets in the parlay must win for the bet to be successful.

This means that if one bet loses, the entire parlay is lost, rather than just the money that was placed on the losing bet.

In addition, parlays can be more complex and difficult to understand than individual bets, which may make them less appealing to some bettors.

Finally, some sportsbooks and gambling establishments do not offer parlays or may have restrictions on the types of bets that can be included in a parlay. This can limit the options available to bettors who want to place parlays.

Sports Betting: Teasers

A teaser is a type of bet that allows the bettor to adjust the point spreads and/or totals in their favor in exchange for reduced odds.

Teasers are usually offered on football and basketball games, and can be either a two-team teaser (in which the bettor adjusts the point spreads and/or totals for two games) or a three-team teaser (in which the bettor adjusts the point spreads and/or totals for three games).

Here are the advantages and disadvantages of betting teasers.

Teaser Advantages

One advantage of teasers is that they allow the bettor to adjust the point spreads and/or totals in their favor, which can make it easier to predict the outcome of the games and increase the chances of winning the bet.

Another advantage of teasers is that they can offer better odds than other types of bets, such as moneyline or straight bets, because the bettor is giving up the opportunity to adjust the point spreads and/or totals in their favor.

Finally, teasers can be a good option for bettors who want to hedge their bets, or protect themselves against potential losses on other bets. By placing a teaser, the bettor can potentially offset any losses on other bets, and still come out ahead overall.

It is important to note, however, that the reduced odds on a teaser mean that the potential payouts are also lower than they would be on other types of bets.

Teaser Disadvantages

One disadvantage of teasers is that the reduced odds on a teaser means that the potential payouts are also lower than they would be on other types of bets.

This can make it more difficult to win a significant amount of money from a teaser bet.

Another disadvantage of teasers is that they are generally considered to be more difficult to win than other types of bets, such as straight bets or moneyline bets, because the bettor is giving up the opportunity to adjust the point spreads and/or totals in their favor.

In addition, teasers can be more complex and difficult to understand than other types of bets, which may make them less appealing to some bettors.

Finally, some sportsbooks and gambling establishments do not offer teasers, or may have restrictions on the types of bets that can be included in a teaser.

This can limit the options available to bettors who want to place teasers.

Sports Betting: If Bets

An “if bet” is a type of bet in which the bettor places one bet, and then a subsequent bet is placed only if the first bet wins.

If the first bet loses, the second bet is not placed. If bets can involve multiple bets, with each subsequent bet being placed only if the previous bet wins.

One advantage of if bets is that they allow bettors to potentially win multiple bets from a single wager, without having to risk additional money if one of the bets loses.

Another advantage of if bets is that they can be a good option for bettors who want to hedge their bets, or protect themselves against potential losses on other bets.

By placing an if bet, the bettor can potentially offset any losses on other bets, and still come out ahead overall.

If bets can also be a good option for bettors who want to stay engaged with a particular sport or team over an extended period of time, as they can continue to follow the team or player and see how their bet is playing out.

Finally, if bets can be a good way for bettors to manage their bankroll, as they can control the amount of money that is being wagered on each bet by adjusting the size of their initial wager.

Sports Betting: In-Game vs Live

In-game betting, also known as in-play betting, is a type of betting that allows bettors to place bets on a sporting event while it is in progress.

In-game betting is available on a wide range of sports, including football, basketball, baseball, and more.

Live betting, also known as in-play betting, is similar to in-game betting in that it allows bettors to place bets on a sporting event while it is in progress.

Live betting is also available on a wide range of sports, and allows bettors to take advantage of changing circumstances and trends during the course of a game or event.

One key difference between in-game betting and live betting is the timing of the bets.

In-game betting is typically available from the start of a game or event, while live betting is typically available once the game or event has started.

This allows bettors who choose live betting to wait and see how the game or event is unfolding before deciding where to place their bets.

Sports Betting: Proposition Bets

Proposition bets, also known as prop bets, are a type of bet in which the bettor wagers on the occurrence or non-occurrence of a specific event or outcome within a game or event.

Prop bets can be based on a wide range of factors, including individual player or team performance, the overall result of the game or event, and more.

One advantage of prop bets is that they can offer the opportunity for larger payouts than other types of bets, because they often involve long odds and relatively low probability outcomes.

Another advantage of prop bets is that they can add an extra level of excitement and engagement to a sporting event, as bettors can wager on a wide range of specific outcomes and events within the game or event.

Prop bets can also be a good option for bettors who have a strong knowledge of a particular sport or team, as they can use this knowledge to make more informed decisions about where to place their bets.

Finally, prop bets can be a good option for bettors who want to hedge their bets, or protect themselves against potential losses on other bets. By placing a prop bet, the bettor can potentially offset any losses on other bets, and still come out ahead overall.

Sports Betting: Futures

Future bets, also known as futures bets, are a type of bet in which the bettor wagers on the outcome of a future event, such as the winner of a championship game or the overall performance of a team or player over the course of a season.

One advantage of future bets is that they can offer the opportunity for larger payouts than other types of bets, because they often involve long odds and relatively low probability outcomes.

Another advantage of future bets is that they allow bettors to lock in their wagers at early odds, which can be more favorable than the odds that will be available closer to the event.

This can give bettors a chance to potentially win a larger payout if the odds on their bet improve over time.

Future bets can also be a good option for bettors who have a strong knowledge of a particular sport or team, as they can use this knowledge to make more informed decisions about where to place their bets.

Finally, future bets can be a good way for bettors to stay engaged with a particular sport or team over an extended period of time, as they can continue to follow the team or player and see how their bet is playing out.

Sports Betting Players: Sharps, Squares, Advantage Bettor (You)

In sports betting, the terms “sharps” and “squares” refer to two different types of bettors.

Sharps

Sharps, also known as “wise guys,” are professional or highly skilled bettors who use their knowledge and expertise to make informed bets.

They often have a deep understanding of sports and the various factors that can impact the outcome of a game, and they may use complex statistical models and analysis to make their bets.

Sharps tend to bet on a smaller number of games, but they may place larger bets or “plays” when they believe they have an edge.

Squares

On the other hand, squares are casual or recreational bettors who may not have as much knowledge or experience with sports betting.

They tend to place bets based on their favorite teams or personal opinions, rather than using statistical analysis or other methods to make informed decisions.

Squares are more likely to bet on a wider range of games and may place smaller bets.

It’s worth noting that these terms are not always used consistently and some people may use them to refer to different types of bettors.

In general, though, the terms “sharps” and “squares” are used to distinguish between experienced, professional bettors and casual or recreational bettors.

Advantage Bettor

If you are sharper than a square, but you can’t quit your job yet, you’re an advantage bettor. And if you still aren’t, this is

An advantage bettor is a sports bettor who seeks to gain an advantage over the sportsbook or bookmaker by identifying and exploiting inefficiencies in the betting market.

Advantage bettors use a variety of techniques and strategies to try to gain an edge, such as analyzing statistical trends, tracking line movements, and studying the performance of teams and players.

They may also use advanced analytical tools and models to help them make informed bets.

Advantage bettors often focus on niche sports or less popular markets where there may be less competition and it may be easier to find value.

They may also place bets on multiple sportsbooks or use arbitrage strategies to take advantage of differences in the odds offered by different bookmakers.

Sports Betting: Handicapping

And, to become the best possible advantage bettor, you should dominate the art of handicapping.

Sports Betting: What is Handicapping?

Handicapping is the practice of evaluating the relative strengths and weaknesses of the participants in a sports event and using this information to determine the likely outcome of the event.

In sports betting, handicapping is often used to predict the outcome of a game or event, and to determine the value of different bets.

There are many different techniques and methods used in handicapping, including statistical analysis, studying trends and patterns, and considering factors such as injuries, weather, and home field advantage.

Handicappers may use a combination of these techniques and others to make their predictions.

Handicapping can be a useful tool for sports bettors, as it can help them to make more informed decisions about where to place their bets.

However, it is important to note that handicapping is not an exact science, and there are no guarantees when it comes to sports betting.

Read the best handicapping tips here.

Sports Betting: Handicapping Bet Selection Process

Here are some tips for a successful sports betting handicapping bet selection process:

  • Start by defining your betting objectives and goals. Do you want to bet for fun, or are you trying to make a profit? How much risk are you willing to take?
  • Research and analyze the teams or players you are considering betting on. Look at their records, previous performances, and any external factors that might affect the game (such as the location or weather).
  • Compare the odds and lines offered by different sportsbooks or betting platforms. Line shopping can help you find the most favorable odds and potentially increase your profits.
  • Consider the various betting markets and options available. There may be a variety of different bets you can place on a single game, such as moneyline bets, point spreads, and over/unders.
  • Set a budget and stick to it. It’s important to bet within your means and not overspend.
  • Keep track of your bets and review them regularly. This can help you identify patterns and trends in your betting habits and adjust your strategies as needed.

By following these tips, you can improve your chances of success when selecting bets. Remember to always gamble responsibly and within your means.

Consider Bet Allocation

Bet allocation refers to how you distribute your betting money among different bets. It is an important consideration in gambling and sports betting, as it can affect your risk and potential return.

There are several factors that you might consider when allocating your bets, such as the probability of the bet winning, the potential payout, and your own risk tolerance.

Some strategies for bet allocation involve spreading your bets out over multiple outcomes to reduce risk, or concentrating your bets on a few select outcomes that you feel confident about.

It is generally advisable to have a plan for bet allocation before you start betting, so that you can make informed decisions about how to use your money.

Sports Betting: Placing a Bet

Here are a few general steps that you might follow when making a sports betting selection:

  • Determine the type of bet you want to place. There are many different types of bets available, including moneyline bets, point spread bets, and over/under bets.
  • Research the teams or players involved. Look at statistics and consider factors such as recent performance, injuries, and head-to-head records.
  • Consider the odds. Different bets may have different odds, and it’s important to understand how these odds are calculated and what they mean.
  • Decide on the amount you want to bet. Be sure to consider your budget and set limits for yourself to ensure that you are betting responsibly.
  • Place your bet. Once you have made your selection and determined your bet amount, you can place your bet with a bookmaker or through an online betting platform.

Remember, it’s important to always be informed and make informed decisions when placing bets.