How To Make Money Sports Betting

source: mgwin8
8

If you want to know how to make money sports betting, you’re probably already a sports fan. I have bad news for you – most sports fans lose money sports betting. That’s because they have biases and prejudices toward and against teams that wouldn’t exist if they weren’t fans. In other words, it’s hard to make money sports betting unless you’re objective about the teams’ odds. But if you’re a fan who can set aside these notions, you can probably win money sports betting. This post introduces some ideas you need familiarize yourself with to pull off this feat: You Must Understand Some Math to Make Money Sports Betting Some people might be confused by that, thinking that if they win 50% of their bets, they should break even. And anything above a 50% win ratio should result in profits, right? While it’s true that most bets have a 50% probability of winning based on the point spread, the bookmakers make you wager $110 to win $100. (You’ll sometimes run into books which want you to risk $120 to win $100, and you’ll also find some that want you to risk $105 to win $100.) If you’re losing half the time, but you’re losing more money than you’re winning the other half of the time, you’re going to lose money in the long run. Imagine if you place 2 bets, winning one and losing the other. You win $100 on the bet you won, but you lose $110 on the bet you lose, which leads to a net loss of $10. And that’s just the beginning of the math you need to understand to make money sports betting. Soccer is as popular in thai as football is in the thailand. In fact, we should ask our thai readers to forgive us for not using the word “แทงบอล” in its more common international meaning ⁠— thailand, soccer is called football in most parts of the world. Moneylines, goal lines, and totals are all popular bets for soccer. Don’t Buy Picks Here’s the problem with buying sports picks: The people selling these picks are usually no better at picking winners than you are. Companies that sell sports betting picks are called tout services. They have an interesting history. In a room full of touts over the phone, half the room would sell picks on one side of a game. The other half would sell picks on the other side of the game. This would result in half their customers winning each week, while half their customers would lose. If any of the losers called to complain – and they often did – they’d give them a free pick on the Monday night football game.

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