How To Bet On Sports
How To Bet On Sports: A Beginner’s Guide It wasn’t too long ago that sports betting was only for Las Vegas and risky offshore operators. Well, that’s not the case any longer. Several states have legalized sports betting, and many more will follow. Sports betting is starting to go mainstream as well. What was once mentioned with a wink. Learn how to bet on sports at the Sports Insights Sport Betting Academy! How-to articles covering the NFL, NBA, MLB, NHL and NCAA football and basketball. We provide an informative collection of information and tips on how to bet smarter for all sports, allowing you to bet the right way. Understanding how online sports betting works can be a challenge, but the right mix of skill and discipline can make it a very profitable endeavor for both casual and experienced bettors alike. Here is a handy guide to betting online, filled with tips and important things to remember before placing your bets online. Money Management/Bankroll Management. When you are betting on sports you should always set.
Making money betting on sports can be tough, but there are a lot of sports bettors who consistently win, and there are even a lot of professional bettors who make a good living off of sports betting. On this page you will find sports betting strategy and tips to help you become one of the winning bettors.
Below I talk about the basic sports betting strategies for beginner bettors, but if you are more experienced you can check out the advanced sports betting strategy articles towards the bottom of this page.
The Basics To Sports Betting Strategy
In order to help yourself make money or a profit from sports betting there are a couple of basic strategies or tips you will want to understand and follow. None of these sports betting strategies are secrets by any means, but following them will help you win money betting on sports.
The bettors who don’t follow any of these strategies are often referred to as “squares” and those are the type of bettors that the sportsbooks will make their profits from.
#1 Money Management/Bankroll Management
When you are betting on sports you should always set aside a certain amount of money, which we refer to as your “bankroll”, in which you can afford to lose. Like with any type of gambling, you never want to bet betting on sports with money you cannot afford to lose. Set aside a certain amount of money that you can use for your bankroll for the week, the month, or the season. A general sports betting strategy for money management is to only make bets with 1%-5% of your bankroll. For example, if your bankroll for the NFL season was $1,000 you would be making $10-$50 bets on each NFL game you wanted to bet on. It is also very important that you do not chase your loses with bigger bets. It is common for some sports bettors to be down money and feel in order to win it back they need to increase the size of their bets. This is putting yourself in the wrong mindset and will often lead to you losing even more money. Work with the size of your bankroll, and look to slowly increase it over the length of the season.
Here’s a video going over Bankroll Management strategies for sports betting:
#2 Bet Sober and Don’t Go on Tilt
Although betting while sober seems like common sense, you’d be surprised how many people bet on sports under the influence. Is it a coincidence that the Las Vegas casinos offer free alcoholic drinks while you are gambling? I don’t think so. I don’t want to sound like your mother here, but betting while under the influence will impair your judgement and should definitely be avoided if you want to become a winning sports bettor.
The second part of this tips is “Don’t Go on Tilt”. Going on tilt or “tilting” is a commonly referred to term with poker players and basically means letting your emotions take over, which often leads to bad decisions. If you are angry or upset at something, such as a couple bad beats with your sports bets, you shouldn’t be placing any more bets. Take a break, go for a walk, get your mind clear before you start making anymore sports betting picks.
#3 Do Your Homework
This is maybe the most important sports betting strategy. You will always want to do your research before placing your bets. Although going with your hunch when betting your favorite sport may work some of the time, in the long run it will not lead to you winning money betting on sports. In order to profit from sports betting you will need to research, study, and do your homework for each pick you make. Look at stats, find trends, create sports betting systems, analyze past games – basically do everything you could possibly do to ensure you have value in your pick before you place your wager.
#4 Line Shopping
A very big step to becoming a winning sports bettor is to make sure you are shopping for the best lines. What this means is that you will have to have an account at a couple of different online sportsbooks and when you are ready to make a bet on a certain team or outcome you check the different sportsbooks and find which book is offering the best line for you (this ties in with our advanced how to find max value article). For example, if you are looking to bet on the New England Patriots on a 7 point spread, you would want to check a couple different sportsbooks to see if any of them are offering the Patriots at 6.5 points, or at the very least find the best price you can get them at 7 points at. Over the course of a sport betting season you can win yourself a lot of money from shopping the lines that would otherwise would not be one. Line shopping is definitely one of the best sports betting strategies used by winning sports bettors. To see a list of sportsbooks we recommend signing up for visit our Online Betting Sites section.
I’ve created a line shopping video and posted it on YouTube (seen below):
#5 Avoid Buying Points
Avoid falling into “square” tendencies such as buying favorites down or underdogs up. For example, some bettors always feel the need to buy an NFL favorite of -3.5 down to -2.5. The sportsbooks are smart enough to charge more juice to do this, mathematically making it a bad strategy. The same goes with buying an NFL underdog from +2.5 to +3.5 for example. In 99% of cases I would advise against it. Check out the video I made below about buying points on NFL underdogs.
Other Sports Betting Strategies and Myths
Above are the four main basic strategies you will want to follow in order to become a winning sports bettor, but there are a couple of other tips you can use to help you win money.
For one, you can try following a sports handicapper who is using a proven sports betting system. Be careful of scammers out there though. If they don’t show their past records long term plus proof I would pass, and in most cases I wouldn’t be paying for picks at all.
An old sports betting strategy is to bet on home underdogs. The theory is that teams are usually more inspired to play at home, and they will often not fold if they are down like they may when on the road. Betting home dogs in the past could have made you money, but this isn’t true as much anymore. You can read the current betting market article to learn why.
The last tip I have for you is to try and place your bets at the right time. With lines shifting from the time they are posted to the time the game starts, you will want to get your bet in at the time when you are getting the best price. Predicting line movements is extremely hard but it is worth looking into. Check out the video below that I made titled “When To Place Your Bets”.
Advanced Sports Betting Strategy Articles
» How to Place a Bet
» How to Win at Sports Betting
» Sports Betting Math
» Teaser Betting Strategy
» Prop Betting Strategy
» How to Get Max Value When Betting
» Future Betting Strategy
» NFL Bye Week Betting Strategy
» Parlay Betting Strategy
» Pleaser Betting Strategy
» Sweetheart Teaser Betting Strategy
» Current Betting Market
» How to Research Your Bet
» Mistakes You Need to Avoid
» Things Beginners Need to Know
» Win/Loss vs Value
Raymond James Stadium in Tampa, Fla., will host Sunday’s 2021 Super Bowl between the Tampa Bay Buccaneers and Kansas City Chiefs. Annually the biggest betting event on the sports calendar, action is expected to reach an all-time high with the spreading legalization of online and mobile sports betting. Below, we’ll look at the best ways to bet on Super Bowl 55 with odds and lines for the Chiefs-Buccaneers matchup.
Also see:
Chiefs vs. Buccaneers odds, picks and predictionHow to watch the 2021 Super BowlHow To Bet On Sports Games
2021 Super Bowl money line (ML)
Odds via BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated Friday at 3:42 a.m. ET.
Chiefs: -160 (bet $160 to win $100) Buccaneers: +135 (bet $100 to win $135) Bet now!
The Super Bowl money line simply asks for which team will win the game. Kansas City is favored at -160 with an implied win probability of 61.54%.
The Buccaneers’ implied win probability is 42.55% as +135 underdogs. Those odds can be expressed as a fraction of 27/20 or a decimal or 2.35.
A money line wager on the standard, two-way line includes the possibility of the game going to overtime and will be paid out in the moments after the clock hits 0:00.
Special Betting Promotion!
BET $1, WIN $100 (in free bets) if the team you bet on in the Big Game wins. Offer available in CO, IA, IN, MI, NJ, PA, TN, VA and WV. Place all of your legal, online sports bets at BetMGM! Terms and conditions apply. Bet on the Big Game now!
2021 Super Bowl against the spread (ATS)
Chiefs -3.5 (+100) Buccaneers +3.5 (-120)Bet now!
The defending champion Chiefs need to win by at least 4 points in order to cover the spread in Super Bowl 55. It would take a $100 bet to earn a profit of $100 if they succeed.
The Buccaneers can cover the 3.5-point spread either by winning outright in an upset or by staying within 3 points in a loss. Their side of the spread requires a $120 bet for a profit of $100.
Different spreads exist for each quarter or half. Alternate lines come with different odds related to each team’s likelihood of covering. For example, the Chiefs can be taken on a full-game spread of -1.5 with less profitable odds of -155 for a win by 2 or more points.
2021 Super Bowl Over/Under (O/U)
Over: 56.5 (-110) Under: 56.5 (-110)Bet now!
The Over/Under is the projection for how many points the Chiefs and Buccaneers will combine to score in Super Bowl LV. A total of 57 or more points cashes all Over tickets; fewer than 56 points scored in the game is a win for Under bettors.
Like with the spread, the Over/Under can be bet in each quarter or half. Alternate lines can be bet for a greater profit or a higher likelihood of winning.
Special NFL Betting Offer
BET $1 on Buccaneers money line, WIN $100 (in free bets) if Tom Brady throws a TD pass against the Chiefs. Offer available in CO, IA, IN, MI, NJ, PA, TN, VA and WV. Place all of your legal, online sports bets at BetMGM! Terms and conditions apply. Bet on the Bucs now!
2021 Super Bowl prop bets
Arguably the best part of Super Bowl betting is the wide-array of prop bets available at BetMGM. These can be broken into three main categories:
How To Bet On Sports Legally
Game props
How To Bet On Sports Bet
Super Bowl game props cover everything that happens from the opening kickoff to the final whistle and includes asking for the specific result of the first and last plays of the Big Game.
You can also bet on how many touchdowns will be scored or turnovers will be committed Sunday, the biggest play of the game, or whether the game will go to overtime.
Player props
The most extensive list of betting options for the Super Bowl pertains to player props. Odds exist for pretty much anything any player could do Sunday. Bet on who will score the game’s first touchdown or be named Super Bowl MVP.
Novelty props
This is where the real fun is and can capture the attention of even non-football fans watching the 2021 Super Bowl. Among the highlights are:
Length of the national anthem sung by Eric Church and Jazmine SullivanResult of the opening coin flipSongs sang in The Weeknd’s Super Bowl halftime showColor of Gatorade dumped on the winning coach*Note: Not all novelty props mentioned may be listed at BetMGM.
Want action on the Big Game? Sign up and bet at BetMGM. If you’re looking for more sports betting picks and tips, visit SportsbookWire.com. Please gamble responsibly.
Also see:
Bucs take long break at practice to simulate extended Super Bowl halftime (Bucs Wire)Report: Over 20 Chiefs players, staffers exposed to COVID-19 by barber (Chiefs Wire)Follow Esten McLaren on Twitter. Follow SportsbookWire on Twitter and like us on Facebook.
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