Tag: sports betting

Sports Betting and the Risks (Part 1)

Annually, gambling brings millions of dollars for some countries owning casino or online betting system well.

However, sport betting is not easy to earn money as many bettors expect before. There are many people to go bankrupt when they are on the way to dream as millionaires from betting. the fact, betting causes many risks ups and downs.

In this article, we checklist some major risks in sport betting. Hope you are sensitive to make decisions about gambling.

1, Changing unit size usually

On betting, bettors can be confused by some results. Then they will do by feeling that some points use high odd, other use lower odd. However, it will cause risk about profit when you change unit size only based your thought.

The fact, we recommend you to use flat-betting approach. It means that you balance amount among different bets. Then the risk can share equally for all results. It also means that you have chances to earn more profit. 

During betting on sports, bettors without full experience, they usually can’t control their feeling. They prefer to placing on bets to some results they love more than considering and calculating detail about the match.

In general, a flat-betting type can help bettors to avoid bankrupt when they are in flexible situations.

2, Reacting to trends immediately

As great advice, bettors usually update news from betting before they decide to place on it. The fact, ability of one team can’t be determined clearly. Even, sometimes some betting types won the game, then all fans followed it.

In general, the winner in the last matches believed that their ability is perfect because they already improve experience before.

If you tend to win the betting game, you should reference from bad news, you can collect more information. Don’t follow total trends.

Tips to Bet on Sports for Beginners (part 3)

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.

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