4/13/2022»»Wednesday

Teach Me How To Bet On Sports

4/13/2022
  1. How To Do Sports Bets
  2. Bet On Sports For Free
  3. How To Bet Sports Online

Betting on sports is done for the thrill of the game and to make money. While betting on sports can seem almost impossible, especially in today's competitive world, it is actually fairly simple. First, you will need to understand the basics of what types of bets are placed. Second, you will need to find a local, or online sportsbook to bet at. Sports Betting System - A SET OF RULES a sports bettor uses that work to control the game between himself and the books, designed to eliminate bad bets where the book has a monetary advantage, control the cash flow going both in and out, limit the number and types of bets made, and guide the sports bettor to the games and lines that are most.

This guide is aimed primarily at people who have never bet on sports before, and know very little about what’s involved. It contains all the information needed to get started, with everything explained in a manner that’s very easy to follow. Even those who already have some experience of betting on sports may find the guide useful, as it’s very comprehensive with a lot of helpful advice.

There are a few different parts to this guide. The first part features a number of articles that are all about the basics of sports betting. These cover topics such as the mechanics of sports betting, how to place wagers, and the roles of probability and odds. The next part contains some advice for when you first start betting, and includes some useful resources for beginners. There’s a glossary of sports betting terms, and an FAQ. Finally, there’s a collection of articles explaining all about the various types of bets and the different forms of betting.

Everything that’s included in this beginner’s guide to sports betting is listed below. If you’re a complete novice then we’d recommend reading through everything in order, but you can skip to anything that is of particular interest if you prefer. Also on this page is some additional information about some other sports betting sections on our website. These are useful if you want to expand your knowledge and improve your betting skills, and there’s some advice for betting online as well.

Sports Betting Explained: The Basics

Benefits of Sports Betting

Sports betting is one of the more popular forms of gambling, because it offers a few advantages over many of the alternatives. In this article we look at its benefits when compared to playing casino games or playing poker, and also some of the other reasons why you might want to try betting on sports.

Mechanics of Sports Betting

Before you should even consider risking your own money, you should really understand the basic mechanics of how sports betting works. This article will teach you exactly what you need to know in order to start betting your money, including the three main components that make up a sports wager.

How to Place Sports Bets

How To Do Sports Bets

Once you know how sports betting works, you can then think about placing some bets. In this article we explain what’s involved in the process, and the various methods you can use. Telephone betting, bookmaker shops, casino sportsbooks, and online gambling sites are all covered.

Understanding Odds

Odds are an integral part of sports betting, so you really need to understand them. This article does exactly that by explaining what they are and how they work, as well as also looking at their different formats. There is a guide to the math involved in calculating potential payouts when figuring out your returns.

How Bookmakers Make Money

Bookmakers don’t just make money by accident. They use specific techniques to ensure that they (usually at least) make a profit from every betting market that they offer. You need to be aware of these techniques, as they are the reason why bookmakers have the advantage over their customers.

Probability and Value

The concept of value and how it relates to probability is vital knowledge if you are to stand any chance of success when betting on sports. This article explains what you need to know in detail, and will give you a fundamental understanding of what it takes to identify good betting opportunities.

Tips, Advice and Useful Resources

The next two articles contain tips for what to do, and what not to do, when you first start betting. You should follow the advice featured in these articles from the moment you start betting. It will help you get into good habits, and greatly improve your chances of making money in the long run.

Top Tips for Beginners

There is little point in trying to become an expert on sports betting as soon as you start out. It can be hard enough trying to understand how everything works. As a beginner, it’s important to focus primarily on just the basics. There are a few simple tips that are worth following though, and we’ve listed them all in this article.

MORE Mistakes to Avoid

It’s natural to make mistakes as a beginner to sports betting, and you shouldn’t worry too much if you do. They are part of the learning process. With that being said, there are a few common mistakes that are actually relatively easy to avoid. This article provides some advice on how not to fall into the same traps that so many beginners do.

We’ve also provided two additional resources which contain very useful information for beginners.

Sports Betting FAQ

There are several questions that we hear all the time from sports betting beginners looking for advice on getting started. We’ve compiled a list of the most common ones, and provided detailed answers to them in our FAQ. The following are some examples of the questions we answer.

  • What Is The Best Sport To Bet On?
  • What Is A Value Bet?
  • How Much Should I Stake?
  • Should I Pay For Tips

The answers to these questions, and more, can all be found on the following page.

Sports Betting Glossary

There are times when it can feel like sports betting has its own language, and this can make things very confusing for a beginner. Our comprehensive glossary can clear up any confusion, as it explains all the jargon and technical terms you are likely to encounter when betting on sports.

It’s not necessary to learn all the words and phrases contained in this glossary at this stage, but you might want to bookmark it to refer to any time you come across a term you don’t understand.

Types of Bets and Different Forms of Betting

Types of Bets

The following articles will teach you all about the different wagers you can place on sports events. You probably won’t want to use all of these when you first start betting, but it’s still advisable to understand all the available options and how they work.

The first of these articles contains a brief overview of each type of bet, and you should read this one as a minimum. The rest of the articles explain each bet in more detail, with working examples. You can read them now, or refer to them at a later date when you are ready to start experimenting with different wagers.

Bet Types: An Overview
Moneyline/Win Bets
Totals & Over/Under Bets
Point Spread/Handicap Bets
Futures/Outright Bets
Prop Bets/Specials
Accumulators & Multiples
Parlays
Teasers
Pleasers
If Bets & Reverse Bets
Permutation Betting

Forms of Betting

There are a few alternative forms of sports betting that provide different ways to bet on sports events. We advise familiarizing yourself with these, even if you don’t have any plans to get involved with them right now. It’s always useful to consider other ways of making money from your sports knowledge

Spread Betting
Fantasy Sports Betting

Before You Start: Information You Should Know

Sports Betting is FUN

Bet On Sports For Free

For some reason, a lot of people seem to think that betting on sports makes watching them less enjoyable. This is perhaps because they are under the impression that it means taking things too seriously, and worrying about things like statistics and form rather than simply relaxing and watching a game.

Let us assure you that this is nonsense. You certainly can choose to take your betting seriously, and it may affect the way that you watch sports events, but it really doesn’t take the fun out of things. It’s quite the opposite in fact. In our view at least, placing wagers on events makes watching them even more enjoyable. It adds to the excitement, as it means there’s always something or someone to cheer for.

It’s not essential to learn all about the strategy involved in sports betting, and indeed the vast majority of people who bet don’t. They simply enjoy putting their sports knowledge to the test, and giving themselves the opportunity to win some money. We do recommend learning at least the basics of what to do, but they are all that’s needed if you just want to have some fun and place the occasional wagers on your favorite sports.

Sports Betting Involves RISK

As fun as sports betting can be, it’s important to recognize the fact that it does involve risk. It doesn’t matter how much you know about sports, you’re never going to be able to predict the outcome of events with 100% accuracy. Even if you mostly back big favorites, there’s still going to be the occasional upset where things don’t turn out as expected.

Risk is a part of any form of gambling, so don’t let this put you off betting on sports. It’s just that you need to be prepared for the possibility of losing money. Most people do lose money overall, and there’s a good chance that you will too. This is why you must gamble responsibly. You should set a budget to bet with, and only ever use money that you can afford to lose.

The Bookmakers CAN Be Beaten

Even though most people lose money through sports betting, this doesn’t mean that you have to. The bookmakers do have an advantage because they set the odds, but their advantage is not impossible to overcome. It’s not like playing casino games where there is a house edge that cannot be beaten. There’s still some luck involved of course, but there is no reason at all why you can’t take from the bookmakers if you know what you’re doing.

If you plan on taking your betting seriously, and are aiming to make consistent profits, then you need to go a step or two further than just understanding the basics. Success takes hard work and commitment, and there’s a lot to learn, but with enough knowledge and the right approach you can be a winner. The following two sections of our sports betting guide can help you to achieve your goals.

Sports Betting Online

The information in this beginner’s guide is all relevant regardless of how you actually choose to place your bets. The advice it contains applies regardless of whether you bet over the phone, in a bookmakers shop, or with a casino sportsbook. Seeing as the most popular way to bet these days is over the internet, however, we’ve also produced a section dedicated to betting online. Check out our page that discusses both methods.

This section covers each of the following topics, and also includes a step by step guide to joining a sports betting site and placing wagers.

  • Advantages of Betting Online
  • Choosing Where to Bet
  • Getting Started with Online Sports Betting
  • Bonuses & Rewards
  • Using Multiple Sites

Additionally, and perhaps most importantly, we also recommend the top sports betting sites in several different categories. We’ll help you to find the very best sites that are the most suitable for any personal preferences or requirements you may have. Each one of our recommendations is reliable and trustworthy, so you can be sure of a safe betting experience.

In football, it’s the end of the first quarter.

In “Teach Me to Sports Bet,” the weekly instructional sports betting basics video series on PlayUSA‘s YouTube channel featuring Kimberly Yuhl and me, it’s the end of the NFL’s first marking period.

And “Kimmee” got an A.

Kim’s biggest accomplishment is forming a foundation to achieve the critical first step, not getting crushed right off the bat, ensuring long-term interest in sports betting. To get an idea of the series, here is the first video:

Start off with sportsbook promos and sign-up offers

Kim’s journey from late August into early October mirrors the evolution of the new-age sports betting world. Thanks to mobile devices, each bettor holds a sportsbook in the palm of his or her hand. Each bettor peruses literally thousands of potential wagers each week and, like a good shopper, must find an edge.

Here’s what Kim did. The first area involved taking what the sportsbooks offered, much like maximizing the match a company would provide your IRA.

She made a deposit on the DraftKings Sportsbook app and seized a Week One promo awarding $100 for selecting a team to win on the moneyline. Kim selected the Baltimore Ravens, who triumphed handily over the Cleveland Browns, and obtained a combination of money and free bets.

Kim maximized the free bets, meeting the deadlines for when they needed to be used. One of them was a Week Two losing bet on the Kansas City Chiefs to cover against the Los Angeles Chargers. But two of them, including the Indianapolis Colts in Week Four against the Chicago Bears, came through and brought money to her bankroll.

She subsequently found the advantage of DraftKings’ 20% profit boosts and turned a couple of her winning wagers into additional cash. She looks for these promos every week. And they are there, from odds boosts to parlays.

Kim is up nearly $200, derived mostly from maximizing promos, free bets and profit boosts.

Strong budgeting for your bets

Kim established a bankroll of $500 for the NFL season. That broke down to $30 a week, but she doesn’t have to play that amount each time. She made a good nonmove in the first week of the campaign by not betting at all. It made sense, because there was no NFL preseason and there were no performances to factor into handicapping.

Kim decided “no insight, no investment.” This is an important characteristic. There is a strong temptation to play something just because it’s there. Just because it’s on your phone. Just because it’s staring at you from the other side of the computer. And just because we love playing.

Many seasoned gamblers don’t exhibit the restraint Kim showed in Week One. This appears to be a philosophical carryover from her poker-playing days, in which gamblers make a decision about the hand after receiving two cards. If those cards aren’t favorable, players exit the hand. Kim exited the NFL’s Week One pot and looked smart after many bettors said they’d had an awful first week.

Kim stayed near the $30 pace in the following three weeks and has begun to experiment with side journeys, like moneyline parlays, to extend her knowledge base and enjoyment. I called it a “homework assignment” for her and wished I’d gotten one like this when I was in school.

The next level: picks

As Kim’s instructor, I’d like her to develop her own gut instincts. This is a perpetual process for anyone.

What separates gambling profit and loss over time is winning the “battle of extremes.” Many players will hit 45-55% of their bets, and the difficulty is compounded by the vig, or the extra 10% players give to the book in order to play.

Winning the battle of extremes means having a certain number of winning bets when doubling or tripling the wager. That’s the only way to get ahead of the mathematical probabilities.

How

You put yourself in a position to make those hits by building your database, watching games and developing a feel for when to bet bigger. That knowledge will be derived from believing you’ve seen a pattern with certain teams. It may take weeks, but eventually, a game lines up and one concludes, “I’ve seen this pattern. The game should end like X.”

Never mind the handicappers. Never mind the computer models simulating a game 10,000 times. No person or computer can guarantee the next outcome. But your gut can suggest it.

Developing a knowledge base

Kim has gained an understanding of favorable and unfavorable numbers for bets.

In Week One, for example, the Philadelphia Eagles were a -278 on the moneyline against the Washington Football Team. It was a bad number, because one had to wager $278 to profit $100 if the Eagles won the game outright. And they didn’t. Kim stayed off of that bet.

A good number (for Kim) is a favorite laying less than a touchdown against the underdog. Kim has stayed true to this concept, with one exception. And she got away with it, taking the Indianapolis Colts at -11 against the New York Jets before they romped 36-7 in Week Three. Sometimes the gut outweighs logic, and that bet must then be played.

Continued growth in sports betting

Kim is not chasing losing bets or doubling down if she made money one week. Good. She is beginning to ask meaningful questions, like whether the Philadelphia Eagles should be given respect for beating a banged-up 49ers team. Good, good.

She is stepping back amid information overload. If too much information confuses the issue, that’s no bet. Wise choice.

What she wants next is to get an instinct about more teams. That will develop over time.

She has a potential blind spot regarding her beloved Arizona Cardinals and can minimize that by assessing more teams over time or by developing such a strong feel for one or two teams that they get most of her bets. She’s cashed in on the Colts the last two weeks.

Our joke: Kim (of course) has friends in many cities. They all chime in on the NFL. We may reach a point where there’s no game she doesn’t like.

In conclusion, Kim has strong budgeting fundamentals and gambling instincts from other games. She’s in that 45-55% win range mentioned earlier, but she’s far ahead financially because she maximized the promos and offers from the sportsbooks.

How To Bet Sports Online

Kim also understands the need for fun and is starting to compartmentalize her budget to allow for impulsive and even crazy wagers. Where’s the enjoyment if we don’t do that? Just put it in the budget. When Kim branches out, she does so smartly, in managed steps.

Her journey is a revealing experience for any new gambler. The choices are intimidating. Discipline is essential. And, because the joy of winning is unmatched, we need to preserve that bankroll.

Kim’s novel idea of learning sports betting techniques from the ground up has never been more timely. She is learning a skill during the most exhilarating yet complex era in sports betting history.

Her journey mirrors the evolution of sports betting itself. The industry has been transformed in a complex era via mobile betting and creative sportsbook operators.

One’s phone is a miniature, handheld sportsbook containing thousands of wagering options. It’s easy to become lost in a sea of parlays, over-unders, adjusted lines and in-game bets, spread across the spectrum of numerous sports. Narrowing down the options to make smart decisions is critical.