When it comes to Las Vegas, virtually anything can have odds, and therefore you can profit from it. That’s been true almost since the beginning, but with the legalization of gaming in so many states, not to mention the phenomenal growth of the Internet, and all of the gambling opportunities available with it, betting on sports has done nothing but grow, and to think it won’t in the future is almost foolhardy.
The truth is that right now whether you are in Las Vegas, online, or on other soil, online sportsbetting isn’t a possibility. Instead, it’s a probability. In fact, name your sport and it won’t take long at all before you can find someplace with someone who will take your bet.
Know Your Sports
The only real problem that many players encounter when they begin sportsbetting is that it is deceptively simple to do. The trouble is that when betting on sports, most gamblers believe that if you know your sport well enough, your chances are good at winning. Nothing could be further from the truth. The truth is that knowing how a sport is played is much different than being able to win at gambling on that sport.
Take baseball, for example. The game is relatively simple to play. Two teams play opposing each other, one offensively and the other defensively. The ball is pitched, hit, and the players advance. As players reach home base, points are added to the scoreboard. At the end of the game, whichever team has the most runs wins the game. Easy enough.
But what about betting on baseball? To bet on baseball requires that the gambler knows the game in that he can predict the outcome of the game, then place his bet on the team he believes will win the game. If that team wins, the gambler wins. As a result, the winning gambler receives an amount based on the odds posted. A “Money Line” is the odds posted. You can find the price by looking at your favorite’s line.
Money line betting changes constantly. In fact, the odds when you place your bet can end up being very different from the odds when the game starts. The odds that are printed on your ticket when you place your bet will remain steady unless the pitcher is changed.
The total runs scored in the game is called the over/under. Your bet will be on whether the final score will be higher or lower than the amount posted.This is the general idea of betting on baseball. There are other rules as related to the standard play of the game, but this is the betting method for the game.
There are often even special promotional or “wacky” bets that allow gamblers to place their wagers on the outcomes of certain special events, such as during a SuperBowl, which player will make the first touchdown during the game. “Wacky” betting opportunities are offered during many games such as Monday Night Football events to draw attention to the games.
Other Sports
Needless to say, there are many fine points that define the betting on virtually any sport being played. It should be obvious from the explanation above that knowing how the game is played is not enough. In fact, the rely on your knowledge of the game and how it is played when you bet on it, will lead you to getting lost, much less cause you to lose a lot of money.
It is absolutely essential, if you plan to bet on sports, that you know how the betting is done and what actions will cause you to win or lose your money. Fortunately, there are games that have several opportunities to win when betting. In order to take advantage of these opportunities, you must know what to look for, what to take advantage of as well as what to avoid.
Name the game, whether professional or amateur, college or professional, and you can be sure that there are opportunities to gamble and win in Las Vegas and elsewhere.
Questions?
If you have questions about sports betting, just ask us. We are happy to answer questions about any aspect of sports betting. Just remember that everyone got started as a beginner at some time. Asking questions will give you the answers you need to get you started on this enjoyable and profitable experience.
Don’t miss out the Sports Betting General Guide that MyBookie has for you:
Betting Guide 1
- Spread Betting Tips
- Understanding When to Bet Spread Betting vs. Money Lines
- Sports Betting Guide: Spread vs Money Line
- Playing Difference of Point Spread vs. Moneyline Sportsbetting
- Wagering on Moneyline or Straight Up Bets
- Five Questions You Should Ask Yourself When Betting On Sports
- Determining Betting Impact Of Injured Players: Betting Guide
- Betting Non-Marquee Sports NASCAR, Golf, Tennis, WNBA
- What Is Implied Probability In Online Betting?
- All About Sweetheart Teasers The Good, Bad and Ugly
- Introduction To Bankroll-Boosting Pleaser Bets
- Keys To Disciplined And Profitable Betting
- Picking Sexiest Cheerleading Squads in American Sports
- Analysis of Understanding Of Player Props
- Insane Betting Myths That Are Actually True – September 5th Edition
- Insane Betting Myths that are Actually True – September 2 Edition
- Betting On Draws Strategy Explanation
- Betting on Draws
- The Keys To Developing A Winning Mindset
- Key Numbers In Sports Betting
Betting Guide 2
- Non-Marquee Sports With Profits From College and Pro Sports
- Each Way Double Explanation For Doubles and Each-Way Doubles
- Dealing With Sports Betting Losing Streaks
- Round Robin Bets Explained
- Using Trends to Predict Outcomes in Sports Betting
- Reverse Bets Explained
- The Importance of What You Know in Sports Betting
- Understanding the Impact of Downtime in Sports Betting
- Reduced Juice Betting Explained
- How to Optimize Your Selection Process in Sports Betting
- Using Stats, Trends and Other Statistical Betting Tools
- Sportsbetting Guide: Hedge Betting Explained
- Principles of Value Betting
- Sides vs. Totals Debate: Which Should You Be Betting?
- Is Paying for Picks Worth it?
- How to Get Max Value When Betting
- Types of Sports Bettors
- What is Proportional Betting?
- Methods to Improve your Betting Income
- Identifying Profitable Prop Bets
Betting Guide 3
- Most Common Risk Factors in Sports Betting
- Risk Factors that Every Sports Betting Fan Should Keep in Mind
- Using Stats in Sports Betting
- Understanding and Wagering on Prop Bets
- What’s the Difference Between an Oddsmaker and a Bookie?
- What is Point Shaving?
- Identifying When to Stay Away from Betting Favorites
- Most Common Sportsbetting Handicapping Myths
- What Makes a Successful Sports Odds Bettor?
- Are Winning Streaks in Sports Betting Real?
- Most Popular Leagues to Bet On
- Early vs Late: What’s The Best Betting Strategy?
- Sides vs Totals: Where Should You Place Your Bets?
- Win, Lose, or Draw: The Art of Sports Betting
- Gambler’s Fallacy Explained
- Exposing The Gambler’s Fallacy
Betting Guide 4
- The 20 Golden Rules of Betting Against the Spread
- Using Free Bets To Your Advantage
- Choosing An Online Sportsbook: Top 5 Things To Consider
- The Importance of Discipline and Emotional Control in Sports
- Winning Percentage vs Units Won
- Wat is Statistical Handicapping?
- Should You Bet On Your Own Team?
- Sports Betting: Tight vs Loose Wagering Styles
- Perfect Sports Betting Situations To Use Teasers
- Gambling Whose Time Has Come Written
- Advantages of In Play Betting
- Bankroll Money Management
- Online Betting Types You Should Use More Frequently
- Parlay Explained: How to Boost Your Sportsbetting Bankroll
- Sports Betting Questions to Ask at the End of a Streak
- How to Handle the Next Game After a Betting Loss