6. How to Place a Bet

With legalized sports betting developing across the US, sports bettors have had more options to take advantage of than ever before. You should check out on the internet to see whether sports betting is legal in the state where you are living.

Some of the biggest states that have legalized online betting include New Jersey, Pennsylvania, Colorado, Indiana, and West Virginia.

7. How Much to Bet

You may have the final say on how much to risk on betting, but a good rule is risk only what you can afford to lose. Keep it in mind that betting on sports is not a sprint but a marathon. There are good days and bad days. Therefore, we recommend a flat-betting approach, which means betting the same amount on every game and risking only around 1% to 5% of your bankroll per game (the bankroll is the starting amount of cash you have at your disposal to bet with). For instance, if you start with a bankroll of $100, you should risk no more than $5 each play.

Employing a flat-betting approach helps bettors guard themselves against losing their entire bankroll during a bad stretch as well as set themselves up for a positive return on investment (ROI) when they are doing well.

8. Rotation Numbers

Rotation numbers, also referred to as the NSS numbers or Vegas ID numbers, are what is listed to the left of a team on the board. They are unique to the team, sport and league, and universal across most sports betting sites.

9. Lines Move in Real Time

The sports betting market is fluid. Throughout the day, bookmakers will adjust the odds based on the action they are taking and other news like injuries and weather. For instance, if team A open as 7-point favorites and the vast majority of bets are on the A, you may see the A’s line move from -7 to -7.5. The line can move even further to -8, or it can be bought back to -7.