To start with, I’m planning to assume if you should be building a sports wager or betting on a sports game you are carrying it out somewhere legal (i.e. Las Vegas, or several other place that legally accepts sports wagers). I know that is the only real place I make any one of my sports wagers. If you should be making sports wagers illegally, I’d advise against it, and request that you follow the rules. Enough said about that.

If you should be like me, and enjoy making the sporadic sports wager (college basketball and college football are my personal favorite sports to bet on), then you definitely understand how hard it’s to truly win money. Sometimes, it looks like individuals that set the sports lines can see into the long run and know precisely how many points a team will probably win or lose by. It’s uncanny how often a 3 point favorite wins by 4 or loses by 2 – absolutely uncanny. With that said, however, I would need to guess that if they weren’t that good there wouldn’t be a market for sports betting – everyone would be winning and those taking the wagers would be out of business.

If you should be a new comer to sports betting, one of the first things you will notice are every one of the different types of bets you are able to make. You can find the two traditional bets, called the “money line” and the “spread.” The money line is really a bet where you just pick a team to win. Based on the determined likelihood of that team to win, the chances are adjusted accordingly. For instance, a team that is likely to win fairly easily may pay out at odds of 1/10, meaning you would need to pay $10 to win $1. This really is perhaps the easiest bet to win, although as you could expect, the payout isn’t very good (unless you pick the underdog to win, which in my own example could have paid $10 for a $1 bet).

Betting contrary to the spread is one of the most common kind of sports betting. In this case, the odds makers attempt to determine several points which will make the overall game fair. Which means a very bad team will get a large amount of points “given” to them to help make the game more fair. Everything you are betting on is which team will “beat” the spread. Here’s an example: let’s say a good team is playing a negative team and the odds makers believe the great team is 15 points better than the bad team. ไฮไลท์ฟุตบอล They’d set the spread at 15 points, meaning the great team would need to win by 16 or maybe more points for you to win in the event that you bet in it, or the losing team would need to lose by 14 points or less in the event that you bet on them. If the great team wins by 15, it is really a tie, and you’d get your hard earned money back.

In reality, this makes betting on sports very hard from the get-go, since what the odds makers are trying to do is make every game a coin flip. What I am talking about is, the goal of the odds makers is setting the line such that each team has the same chance of “winning” contrary to the spread. The reason for this is so hopefully equal money will be bet on both parties of the overall game, and the casino may make its money on the fee, or “vig,” it prices for each losing bet (typically 10% of each and every bet). In an ideal world for the casinos they’d have exactly the same amount of money bet on both sides.

As imaginable, however, the casinos actually don’t make that much money if all they’re taking from sports bettors may be the vig. So they created a different type of bet called the “parlay.” The parlay is really a sports bet where you get to pick several teams to cover or win in one bet, where each of them need certainly to win. In trade for every one of the teams you pick having to win, you receive definitely better payouts on your bet. For instance, if you pick 5 teams in a parlay to cover, the payout is normally in the region of 25/1. What this means is in the event that you bet $5 on a 5 team parlay, you win $125. Sounds great, right? The thing is, your odds of winning are 3.125% vs. 50% for a direct up bet. Your payout for winning a five team parlay is nowhere near enough to replace the risk of the parlay.

What this will be telling you is that to become a successful sports bettor, whether in college sports or pro sports, it’s much more beneficial to make a number of single bets that pay out less than to make a number of parlay bets that pay out much more but are much much harder to win. So, next time you are out in Vegas for the NCAA Men’s Basketball Tournament (otherwise known as March Madness), the College Football Bowl Season, or some other time a good sporting event is on, make sure to stay away from the parlays if you actually wish to win money betting on sports. It will be the best decision you ever made.

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