Spread In Basketball Betting
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NCAA Basketball Betting Trends. See who the public is betting on and get deeper insight into the college basketball betting marketplace. These percentages represent real bets made at our contributing sportsbooks. Unlike other sites that only show consensus data, our NBA basketball odds data is taken from real bets placed at actual sportsbooks. The most popular betting market in college hoops focuses on point-spread wager or side wagers. The spread was developed to provide a balance for both teams involved in a matchup, hoping to have bettors wager on the weaker to team that was receiving points and that team is labeled as the underdog. The team giving or laying the points is the favorite. Dec 26, 2018 Sports betting would be easy — or maybe just easier — if all that was required was to correctly pick the winning team. Gambling institutions, sportsbooks and bookies fall back on point spreads to make the process a little more difficult and to create the ultimate wagering challenge. Basketball Point Spreads. Point Spread betting is basically betting by how much a certain team will win or lose. The whole concept of point spreads is based on the principle of underdogs and favorites. The favorites (a team that is expected to win) “lays” points to the underdog (a team that is expected to lose) to make up the difference in equality.
Point spread betting is one of the most popular and simplest forms ofbasketball bets that you can place. While this is a seemingly basic bet, it isone of the most utilized bets even by professionals. Remember, the complexity ofa bet does not equal better odds or bigger payouts.
Some professional orseasoned bettors only use the point spread bets and are wildly successful. Theirsuccess comes from making correct picks, not from overcomplicating thesituation. We’re going to walk you through the basics, and the mechanics of abasketball point spread bet, discuss the popularity and benefits, and offer sometips and strategies to help get you moving in the right direction towardsprofitability with these bet types.How They Work
It’s inevitable in sports and basketball that in each game one team is goingto be better than the other. Betting would be a little pointless if you wereable to make the exact same wager on each team. Everyone would just always betthe better team, and the sportsbook would quickly be out of money and have toclose up shop. What point spread bets attempt to do is even the playing fieldand offer bets with the same risk level on both sides of the coin. Theyeffectively aim to create a 50/50 even playing field.
The way the sportsbook does this is by putting out a betting line that isbased on how many points they think the better team is going to win by. This isa lot like how our older siblings would “spot us” a few points when we playedeach other in basketball as kids. For example, let’s say that Florida Gators areplaying the Arkansas Razorbacks. Let’s also say that Florida is the better teamand the sportsbook thinks they are going to win the game by seven points. Theycan’t just let everyone bet evenly, or everyone would bet Florida and clean themout. Enter the point spread. The sportsbook would set the point spread on thisgame at -7 for Florida to win. The negative sign before the number signifiesthat this team is the favorite to win. This means that if you want to bet onFlorida, they have to win by more than 7 points for you to win your bet.Arkansas Razorback+7
Here are the possible outcomes if you bet on Florida at -7:
*If Florida wins by fewer than 7 points, you lose your bet
*If Florida wins by 8 or more points, you win your bet
*If Florida wins by 7 points, your bet is a push (tie)
*If Florida loses, you lose your bet
A lot of times you will see the point spread set at a half point (-6.5 or-7.5 in this example) to get rid of any pushes.
As you may already be assuming, adjustments are made if you want to bet onthe Razorbacks. The point spread for the Razorbacks would be set at +7. It willalways be the exact opposite of the other team. As the negative sign representsthe favorite, the plus sign here represents the underdog. If you were to bet onthe Razorbacks, they can actually still lose, and you win your bet.
Here are the possible outcomes if you bet on Arkansas at +7:
*If Arkansas loses by 6 or fewer points, you win your bet
*If Arkansas loses by 8 or more points, you win your bet
*If Arkansas loses by 7 points, your bet is a push (tie)
*If Arkansas wins, you win your betHow They’re Paid Out
Almost all point spread wagers are paid out at moneyline odds of -110. Thisis almost even money minus the percentage that is taken for the sportsbook’s cutknown as the vig. Sometimes you will see a bit of variation in the payout odds,but for the most part, you should expect to see -110. If you don’t see thepayout numbers posted but just the point spread, you can most likely assume thatyou are to interpret that as being paid out at -110. If you’re ever curious,though, just ask for clarification or look at your betting slip.
While we’re going to cover this extensively in the moneyline section of theBasketball Betting Guide, we’ll touch briefly on what the -110 means here. -110refers to the moneyline payout for a particular bet. If you were to bet $100 ona basketball point spread paying -110 and win, you would be paid out a profit of$90.90. The easy way to figure out the amount you will get paid with minusmoneyline odds is to divide your bet size by the absolute value of the bettingodds and multiply that number by 100.($100/ |-110|)*100 = ($100/110)*100 = .9090 * 100 = $90.90 in profit
If the odds are a positive moneyline, you calculate your potential profit bydividing your bet amount by 100 and multiplying that by the odds. Let’s say youbet $250 at odds of +160.Benefits of Basketball Point Spreads
There are a lot of reasons that point spread bets are so popular inbasketball. We don’t anticipate any other style of bet passing point spreadsanytime soon. Here are a few of the reasons we think basketball point spreadwagers are so popular.Bet on Your Favorite Team No Matter What
For those of us who aren’t bandwagon fans, our teams are going to struggle towin a lot of games. Even some of the better teams will have games when they playteams they’re supposed to lose to.
Without point spread betting, placing a wageron our team to win these games would be financial suicide. Point spreads createan even playing field for sports bettors. Even if your team is supposed to loseby 20 points, you can still bet on them if you think they’re going to have abetter day than predicted. If you’ve ever wondered why someone was stillcheering and going nuts at the end of a blowout, you can bet they were sweatinga point spread bet.Point Spread Bets are Simple
As you may have already noticed, these bets are simple and straightforward.Everything we’ve already taught you about point spread bets are all there is tothem. There is no hidden complex side to them. All you have to do is pick whichteam you think is going to do better than the proposed line and that’s it.The Vig
The only real downside to betting basketball point spreads is that thesportsbook charges a vig. While this is a downside, it is to be expected and isno different from placing any other sports bet. Obviously, the sportsbook has tomake money somehow because they have to pay employees, pay for their servers orequipment, and pay for their customer service to keep you happy. This reallyisn’t a negative about point spread bets, but just something that you should beaware of.
Remember earlier when we said that most point spread bets in basketball payout at -110? Well, this is where the vig is located. Sportsbooks will work toget equal amounts of money on both sides of a game and make their money off ofthe vig. If they are successful in doing so, it does not matter to them who winsthe game. For example, let’s look at our earlier example. Here are what the oddswould look like at the sportsbook:
*Florida -7 -110
*Arkansas +7 -110
Let’s say the sportsbook get’s $1000 in bets total on the Gators and $1000 inbets total on Arkansas.If Florida wins, this would be the accounting:
+$1000 Bets on Florida
1000 Bets on Arkansas
$1000 Original Bets Returned to Florida Winners
$909 Profit Paid out to Florida Winners
Total Profit = $91If Arkansas wins, this would be the accounting.
$1000 Bets on Florida
+$1000 Bets on Arkansas
$1000 Original Bets Returned to Arkansas Winners
$909 Profit Paid out to Arkansas Winners
Total Profit = $91
As you can see, the sportsbook couldn’t care less who wins this game. The waythat the sportsbook works to get the same amount of bets on each side is bymanipulating the point spread to entice bets to the side they want. Our nextsection is dedicated to explaining this.How and Why a Basketball Point Spread Can Change
As we mentioned in the close of the last section, sportsbooks try their bestto get the same amount of total money bet on both sides of a game. If they canaccomplish this, then they are guaranteed to make a profit no matter who wins orloses the game. The way a sportsbook goes about doing this is by manipulatingthe point spread to make the less bet side more enticing.
Let’s use our same example again to make this clearer. These are the currentodds on the game as well as the amount of money that has been bet on both sides.The amount of money bet information would not be made available to you in anormal situation.
*Florida -7 -110 $10,000 in total bets
*Arkansas +7 -110 $3,000 in total bets
As you can see, the public seems to think that Florida is going to win thisgame by more than seven points. If the game started now, the sportsbook wouldstand to lose a lot of money if Florida did in fact win by more than sevenpoints. They would stand to make a lot of money if Florida lost or won by lessthan seven points. Regardless of how the sportsbook thinks the game will go,they are not in the business of gambling. They want to guarantee profit as oftenas they can.
What the sportsbook will do when they start to see too much money on one sideis to adjust the point spread. This DOES NOT affect anyone that has made a betalready. If you bet Florida -7, then that is the line you have. No one can evertake that away from you. To try and entice more bets on Arkansas, the line mightmove to this.
*Florida -8 -110
*Arkansas +8 -110
This means that Arkansas can now lose by seven points instead six and you’dwin with a bet on them. If this doesn’t bring in more bets, they might move theline to the following.
*Florida -9 -110
*Arkansas +9 -110
Now Arkansas can lose by up to eight points, and you can still win a bet onArkansas. As the Arkansas line gets more appealing, more people will start tobet that side. The sportsbook will continue to manipulate the line this way upuntil game time to try and get the bets as even as possible. While they won’t beperfect about it, they can usually get it close enough in most situations. It’salso important to note that the line will sometimes shift by half points andit’s also capable of shifting back in the other direction if too much moneycomes in on the other side.
While we aren’t exactly sure at which dollar amounts or what formulassportsbooks use to determine when they shift the lines, we do know why they doit. It is their attempt to minimize their risk as much as possible andguarantees sportsbook profit. Lines will also move if something major happens(like Lebron breaking his leg or something) so keep an eye out for this.Ultimately, the shift in the line is done for the exact same reason to keep thesame amount of money on both sides of the game. As you’ll see in the strategyand tips section, shifting lines do present some interesting opportunities forsports bettors.Tips and Strategy Advice
Winning at sports betting is challenging. If it were easy, everyone wouldquit their jobs and do it, and sportsbooks would all be out of business. Whatmakes it so challenging is that the lines are usually set pretty spot on whichmeans it’s a bit more challenging to pick the correct side of the bet. Thatbeing said, it’s definitely not impossible to make money betting basketballpoint spreads. You’ll have to develop a winning strategy and continually tweakit until it’s perfect. Here are a few tips and strategies that will help pointyou in the right direction.Shop Lines
Shopping betting lines is one of the most important things you can do whenbetting point spreads in basketball. While the majority of sportsbooks will havethe same line, it’s fairly common that you can find lines that are a half orfull point different. This can have a huge impact on your bottom line. If youdon’t think a half point or one full point makes that big of a difference, justask anyone who has bet sports for a while. They will inform you that getting anextra half point is like winning the sports betting lottery.
This used to be impossible or extremely time-consuming when only land basedsportsbooks and casinos existed. You would have to drive hundreds of miles ifyou wanted to get to another casino and then hope they still had the differentline. This would cost you travel money as well as time. Online sportsbooks makethis extremely easy now. You can check several sportsbooks lines on a gamewithin a matter of seconds or minutes. It doesn’t cost you any additional money,just a few minutes of your time and can have a huge impact on the outcome ofyour bets.Don’t Bet Every Game
A common mistake that new bettors will do is to bet every single game.Unfortunately, this is not a winning strategy no matter how sharp you are. Stickto betting the games where you actually see value. Here’s what we mean by value.Let’s say in our earlier example that you agree with the sportsbook that theFlorida Gators should win the game by seven. You should not bet this game thenno matter what if the line is -7. If you’re right, the best you can do is tie onyour bet. When you pick a side, you’re basically going to be guessing andflipping a coin. Theoretically, you’ll win as many times as you lose, but you’llbe paying the house percentage every single bet and slowly bleeding your moneyand profits away.
Only bet games where you have a clear prediction on a team covering thespread. Look for lines that you think are incorrect and put your money there.The idea here is to be making intelligent picks that you actually believe willwin. If you’re betting every game, you’re just gambling and no longer lettingyour skill and knowledge base shine through.Predict Line Movements
Let’s use our example from earlier, but this time let’s say you think thatFlorida will cover the -7 spread. Should you place this bet? Maybe. Yes, this isgood value bet and one that you should bet, but maybe not right away. Let’s sayyou think the public is improperly going to dump a lot of money onto Arkansas.If this happens and you wait to place your bet, the line might move in yourfavor. By waiting, you may be able to get Florida at -6.5 to win. This meansthat if you bet right away, you would only tie if they won by seven points. Bywaiting, you will win your bet now if Florida wins the game by seven.
The betting public as a whole is not very smart. There is a reason it is sucha lucrative business to be in for the sportsbooks. The public loves to betpopular teams, great story lines, and trends that don’t have a lot of merits. Ifyou think that the public is going to bet a lot and shift the line more in yourfavor, just wait. The worst that might happen is the linedoesn’t move, and you then take the bet before the game at the originalline that you still thought had value. Yes, there is a possibility of the pointspread moving the other direction. If this happens, you shouldn’t make a bet onthis game and wait for the next one.
This also comes into play on games that you think the line is correct. Forexample, let’s say you think the line of Florida -7 is correct, so you elect notto bet it because there is no value. This doesn’t mean you should never look atthis game again. If the line happens to shift in either direction, you can makea bet that has value. If the line moves to Florida -6, you place a bet onFlorida because you originally thought they would win by seven. If the linemoves to Florida -8, then you place a bet on Arkansas at +8 because youoriginally thought Florida would win by seven and Arkansas would lose by seven.The next strategy tip is a good idea to help you be ready for these situations.Have an Idea Before You Look
Point spread lines can be tricky in the fact that they can help shape ourviews of a game just by looking at them. You may have no opinion of a game untilyou look at a point spread and then your brain immediately starts looking forevidence to back up the line. This can cause you to build your view of a gameoff of what the sportsbook thinks and not what you think. The best advice hereis to have an idea of what you think the line is before you look at thesportsbook’s lines. This will protect you from being influenced by what theycame up with and help you to spot bad lines.Don’t Just Look at the NBABasketball Betting Tips
A good rule of thumb with sports betting is that the sportsbook is going toput more time, effort, and resources into setting their lines on the sports andleagues that have the most action. This is a completely smart move on their partas it’s where they stand to lose the most money if they make a mistake. Whatthis means is that the smaller sports and leagues are much more likely to havebad lines or lines that don’t respond as quickly to trends as they should.Regarding basketball, this means you may have more luck looking into collegebasketball or even the smaller European leagues. If you do choose to go thisroute, make sure that you do all of your homework and are not just jumping intoa new league blind. College basketball and Euro league betting are NOT the sameas NBA betting even though they are the same sport. This does not mean you can’tbet the NBA and that you won’t find great lines; it just means that the badlines are more likely to be corrected quicker as the sharp bettors will jump allover them, and the sportsbook will adjust.
Register here: http://gg.gg/orr3c
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NCAA Basketball Betting Trends. See who the public is betting on and get deeper insight into the college basketball betting marketplace. These percentages represent real bets made at our contributing sportsbooks. Unlike other sites that only show consensus data, our NBA basketball odds data is taken from real bets placed at actual sportsbooks. The most popular betting market in college hoops focuses on point-spread wager or side wagers. The spread was developed to provide a balance for both teams involved in a matchup, hoping to have bettors wager on the weaker to team that was receiving points and that team is labeled as the underdog. The team giving or laying the points is the favorite. Dec 26, 2018 Sports betting would be easy — or maybe just easier — if all that was required was to correctly pick the winning team. Gambling institutions, sportsbooks and bookies fall back on point spreads to make the process a little more difficult and to create the ultimate wagering challenge. Basketball Point Spreads. Point Spread betting is basically betting by how much a certain team will win or lose. The whole concept of point spreads is based on the principle of underdogs and favorites. The favorites (a team that is expected to win) “lays” points to the underdog (a team that is expected to lose) to make up the difference in equality.
Point spread betting is one of the most popular and simplest forms ofbasketball bets that you can place. While this is a seemingly basic bet, it isone of the most utilized bets even by professionals. Remember, the complexity ofa bet does not equal better odds or bigger payouts.
Some professional orseasoned bettors only use the point spread bets and are wildly successful. Theirsuccess comes from making correct picks, not from overcomplicating thesituation. We’re going to walk you through the basics, and the mechanics of abasketball point spread bet, discuss the popularity and benefits, and offer sometips and strategies to help get you moving in the right direction towardsprofitability with these bet types.How They Work
It’s inevitable in sports and basketball that in each game one team is goingto be better than the other. Betting would be a little pointless if you wereable to make the exact same wager on each team. Everyone would just always betthe better team, and the sportsbook would quickly be out of money and have toclose up shop. What point spread bets attempt to do is even the playing fieldand offer bets with the same risk level on both sides of the coin. Theyeffectively aim to create a 50/50 even playing field.
The way the sportsbook does this is by putting out a betting line that isbased on how many points they think the better team is going to win by. This isa lot like how our older siblings would “spot us” a few points when we playedeach other in basketball as kids. For example, let’s say that Florida Gators areplaying the Arkansas Razorbacks. Let’s also say that Florida is the better teamand the sportsbook thinks they are going to win the game by seven points. Theycan’t just let everyone bet evenly, or everyone would bet Florida and clean themout. Enter the point spread. The sportsbook would set the point spread on thisgame at -7 for Florida to win. The negative sign before the number signifiesthat this team is the favorite to win. This means that if you want to bet onFlorida, they have to win by more than 7 points for you to win your bet.Arkansas Razorback+7
Here are the possible outcomes if you bet on Florida at -7:
*If Florida wins by fewer than 7 points, you lose your bet
*If Florida wins by 8 or more points, you win your bet
*If Florida wins by 7 points, your bet is a push (tie)
*If Florida loses, you lose your bet
A lot of times you will see the point spread set at a half point (-6.5 or-7.5 in this example) to get rid of any pushes.
As you may already be assuming, adjustments are made if you want to bet onthe Razorbacks. The point spread for the Razorbacks would be set at +7. It willalways be the exact opposite of the other team. As the negative sign representsthe favorite, the plus sign here represents the underdog. If you were to bet onthe Razorbacks, they can actually still lose, and you win your bet.
Here are the possible outcomes if you bet on Arkansas at +7:
*If Arkansas loses by 6 or fewer points, you win your bet
*If Arkansas loses by 8 or more points, you win your bet
*If Arkansas loses by 7 points, your bet is a push (tie)
*If Arkansas wins, you win your betHow They’re Paid Out
Almost all point spread wagers are paid out at moneyline odds of -110. Thisis almost even money minus the percentage that is taken for the sportsbook’s cutknown as the vig. Sometimes you will see a bit of variation in the payout odds,but for the most part, you should expect to see -110. If you don’t see thepayout numbers posted but just the point spread, you can most likely assume thatyou are to interpret that as being paid out at -110. If you’re ever curious,though, just ask for clarification or look at your betting slip.
While we’re going to cover this extensively in the moneyline section of theBasketball Betting Guide, we’ll touch briefly on what the -110 means here. -110refers to the moneyline payout for a particular bet. If you were to bet $100 ona basketball point spread paying -110 and win, you would be paid out a profit of$90.90. The easy way to figure out the amount you will get paid with minusmoneyline odds is to divide your bet size by the absolute value of the bettingodds and multiply that number by 100.($100/ |-110|)*100 = ($100/110)*100 = .9090 * 100 = $90.90 in profit
If the odds are a positive moneyline, you calculate your potential profit bydividing your bet amount by 100 and multiplying that by the odds. Let’s say youbet $250 at odds of +160.Benefits of Basketball Point Spreads
There are a lot of reasons that point spread bets are so popular inbasketball. We don’t anticipate any other style of bet passing point spreadsanytime soon. Here are a few of the reasons we think basketball point spreadwagers are so popular.Bet on Your Favorite Team No Matter What
For those of us who aren’t bandwagon fans, our teams are going to struggle towin a lot of games. Even some of the better teams will have games when they playteams they’re supposed to lose to.
Without point spread betting, placing a wageron our team to win these games would be financial suicide. Point spreads createan even playing field for sports bettors. Even if your team is supposed to loseby 20 points, you can still bet on them if you think they’re going to have abetter day than predicted. If you’ve ever wondered why someone was stillcheering and going nuts at the end of a blowout, you can bet they were sweatinga point spread bet.Point Spread Bets are Simple
As you may have already noticed, these bets are simple and straightforward.Everything we’ve already taught you about point spread bets are all there is tothem. There is no hidden complex side to them. All you have to do is pick whichteam you think is going to do better than the proposed line and that’s it.The Vig
The only real downside to betting basketball point spreads is that thesportsbook charges a vig. While this is a downside, it is to be expected and isno different from placing any other sports bet. Obviously, the sportsbook has tomake money somehow because they have to pay employees, pay for their servers orequipment, and pay for their customer service to keep you happy. This reallyisn’t a negative about point spread bets, but just something that you should beaware of.
Remember earlier when we said that most point spread bets in basketball payout at -110? Well, this is where the vig is located. Sportsbooks will work toget equal amounts of money on both sides of a game and make their money off ofthe vig. If they are successful in doing so, it does not matter to them who winsthe game. For example, let’s look at our earlier example. Here are what the oddswould look like at the sportsbook:
*Florida -7 -110
*Arkansas +7 -110
Let’s say the sportsbook get’s $1000 in bets total on the Gators and $1000 inbets total on Arkansas.If Florida wins, this would be the accounting:
+$1000 Bets on Florida
1000 Bets on Arkansas
$1000 Original Bets Returned to Florida Winners
$909 Profit Paid out to Florida Winners
Total Profit = $91If Arkansas wins, this would be the accounting.
$1000 Bets on Florida
+$1000 Bets on Arkansas
$1000 Original Bets Returned to Arkansas Winners
$909 Profit Paid out to Arkansas Winners
Total Profit = $91
As you can see, the sportsbook couldn’t care less who wins this game. The waythat the sportsbook works to get the same amount of bets on each side is bymanipulating the point spread to entice bets to the side they want. Our nextsection is dedicated to explaining this.How and Why a Basketball Point Spread Can Change
As we mentioned in the close of the last section, sportsbooks try their bestto get the same amount of total money bet on both sides of a game. If they canaccomplish this, then they are guaranteed to make a profit no matter who wins orloses the game. The way a sportsbook goes about doing this is by manipulatingthe point spread to make the less bet side more enticing.
Let’s use our same example again to make this clearer. These are the currentodds on the game as well as the amount of money that has been bet on both sides.The amount of money bet information would not be made available to you in anormal situation.
*Florida -7 -110 $10,000 in total bets
*Arkansas +7 -110 $3,000 in total bets
As you can see, the public seems to think that Florida is going to win thisgame by more than seven points. If the game started now, the sportsbook wouldstand to lose a lot of money if Florida did in fact win by more than sevenpoints. They would stand to make a lot of money if Florida lost or won by lessthan seven points. Regardless of how the sportsbook thinks the game will go,they are not in the business of gambling. They want to guarantee profit as oftenas they can.
What the sportsbook will do when they start to see too much money on one sideis to adjust the point spread. This DOES NOT affect anyone that has made a betalready. If you bet Florida -7, then that is the line you have. No one can evertake that away from you. To try and entice more bets on Arkansas, the line mightmove to this.
*Florida -8 -110
*Arkansas +8 -110
This means that Arkansas can now lose by seven points instead six and you’dwin with a bet on them. If this doesn’t bring in more bets, they might move theline to the following.
*Florida -9 -110
*Arkansas +9 -110
Now Arkansas can lose by up to eight points, and you can still win a bet onArkansas. As the Arkansas line gets more appealing, more people will start tobet that side. The sportsbook will continue to manipulate the line this way upuntil game time to try and get the bets as even as possible. While they won’t beperfect about it, they can usually get it close enough in most situations. It’salso important to note that the line will sometimes shift by half points andit’s also capable of shifting back in the other direction if too much moneycomes in on the other side.
While we aren’t exactly sure at which dollar amounts or what formulassportsbooks use to determine when they shift the lines, we do know why they doit. It is their attempt to minimize their risk as much as possible andguarantees sportsbook profit. Lines will also move if something major happens(like Lebron breaking his leg or something) so keep an eye out for this.Ultimately, the shift in the line is done for the exact same reason to keep thesame amount of money on both sides of the game. As you’ll see in the strategyand tips section, shifting lines do present some interesting opportunities forsports bettors.Tips and Strategy Advice
Winning at sports betting is challenging. If it were easy, everyone wouldquit their jobs and do it, and sportsbooks would all be out of business. Whatmakes it so challenging is that the lines are usually set pretty spot on whichmeans it’s a bit more challenging to pick the correct side of the bet. Thatbeing said, it’s definitely not impossible to make money betting basketballpoint spreads. You’ll have to develop a winning strategy and continually tweakit until it’s perfect. Here are a few tips and strategies that will help pointyou in the right direction.Shop Lines
Shopping betting lines is one of the most important things you can do whenbetting point spreads in basketball. While the majority of sportsbooks will havethe same line, it’s fairly common that you can find lines that are a half orfull point different. This can have a huge impact on your bottom line. If youdon’t think a half point or one full point makes that big of a difference, justask anyone who has bet sports for a while. They will inform you that getting anextra half point is like winning the sports betting lottery.
This used to be impossible or extremely time-consuming when only land basedsportsbooks and casinos existed. You would have to drive hundreds of miles ifyou wanted to get to another casino and then hope they still had the differentline. This would cost you travel money as well as time. Online sportsbooks makethis extremely easy now. You can check several sportsbooks lines on a gamewithin a matter of seconds or minutes. It doesn’t cost you any additional money,just a few minutes of your time and can have a huge impact on the outcome ofyour bets.Don’t Bet Every Game
A common mistake that new bettors will do is to bet every single game.Unfortunately, this is not a winning strategy no matter how sharp you are. Stickto betting the games where you actually see value. Here’s what we mean by value.Let’s say in our earlier example that you agree with the sportsbook that theFlorida Gators should win the game by seven. You should not bet this game thenno matter what if the line is -7. If you’re right, the best you can do is tie onyour bet. When you pick a side, you’re basically going to be guessing andflipping a coin. Theoretically, you’ll win as many times as you lose, but you’llbe paying the house percentage every single bet and slowly bleeding your moneyand profits away.
Only bet games where you have a clear prediction on a team covering thespread. Look for lines that you think are incorrect and put your money there.The idea here is to be making intelligent picks that you actually believe willwin. If you’re betting every game, you’re just gambling and no longer lettingyour skill and knowledge base shine through.Predict Line Movements
Let’s use our example from earlier, but this time let’s say you think thatFlorida will cover the -7 spread. Should you place this bet? Maybe. Yes, this isgood value bet and one that you should bet, but maybe not right away. Let’s sayyou think the public is improperly going to dump a lot of money onto Arkansas.If this happens and you wait to place your bet, the line might move in yourfavor. By waiting, you may be able to get Florida at -6.5 to win. This meansthat if you bet right away, you would only tie if they won by seven points. Bywaiting, you will win your bet now if Florida wins the game by seven.
The betting public as a whole is not very smart. There is a reason it is sucha lucrative business to be in for the sportsbooks. The public loves to betpopular teams, great story lines, and trends that don’t have a lot of merits. Ifyou think that the public is going to bet a lot and shift the line more in yourfavor, just wait. The worst that might happen is the linedoesn’t move, and you then take the bet before the game at the originalline that you still thought had value. Yes, there is a possibility of the pointspread moving the other direction. If this happens, you shouldn’t make a bet onthis game and wait for the next one.
This also comes into play on games that you think the line is correct. Forexample, let’s say you think the line of Florida -7 is correct, so you elect notto bet it because there is no value. This doesn’t mean you should never look atthis game again. If the line happens to shift in either direction, you can makea bet that has value. If the line moves to Florida -6, you place a bet onFlorida because you originally thought they would win by seven. If the linemoves to Florida -8, then you place a bet on Arkansas at +8 because youoriginally thought Florida would win by seven and Arkansas would lose by seven.The next strategy tip is a good idea to help you be ready for these situations.Have an Idea Before You Look
Point spread lines can be tricky in the fact that they can help shape ourviews of a game just by looking at them. You may have no opinion of a game untilyou look at a point spread and then your brain immediately starts looking forevidence to back up the line. This can cause you to build your view of a gameoff of what the sportsbook thinks and not what you think. The best advice hereis to have an idea of what you think the line is before you look at thesportsbook’s lines. This will protect you from being influenced by what theycame up with and help you to spot bad lines.Don’t Just Look at the NBABasketball Betting Tips
A good rule of thumb with sports betting is that the sportsbook is going toput more time, effort, and resources into setting their lines on the sports andleagues that have the most action. This is a completely smart move on their partas it’s where they stand to lose the most money if they make a mistake. Whatthis means is that the smaller sports and leagues are much more likely to havebad lines or lines that don’t respond as quickly to trends as they should.Regarding basketball, this means you may have more luck looking into collegebasketball or even the smaller European leagues. If you do choose to go thisroute, make sure that you do all of your homework and are not just jumping intoa new league blind. College basketball and Euro league betting are NOT the sameas NBA betting even though they are the same sport. This does not mean you can’tbet the NBA and that you won’t find great lines; it just means that the badlines are more likely to be corrected quicker as the sharp bettors will jump allover them, and the sportsbook will adjust.
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