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The point spread's sole purpose is to even the betting so that the amount bet on the underdog is equal to the total amount bet on the favorite. The book makes its money on the vigorish or juice. So, in the event the amount bet on the underdog is the same as the amount bet on the underdog, the book is guaranteed a 10% profit on half the bets made, regardless which team covers.
The very best linesmakers are those who have a feel for exactly what the betting public believes. The betting line they set reflects the betting public's perception of the strength of the two teams. It does not necessarily reflect the true relative strengths of the two teams. And the sportsbook betting public's perception is often wrong.
When you realize that concept, everything else will begin to fall into place. You may have an advantage over most bettors.
Be objective. Listen to you head not your heart. Don't bet against the Cowboys simply because you want to see them lose. And, do not bet on a team simply because you like the team. And don't bet on your favorite team in the event that you are an avid fan. It's nearly impossible to be objective. Fans tend to be overly optimistic about their favorite team or overly pessimistic if things are not going well.
Be consistent. Bet the exact same amount on each game. Some players bet $200 on games they think are locks and $100 on ones they are not so sure of. It's those not so sure of bets that rack up the losses. When you are uncertain about a game, don't bet it.
Should you bet on the home team? Generally no. On the contrary, if you can be objective, you've got an advantage. You probably know more about your house team than those in other parts of the country since the local media gives extensive coverage to the home team, coverage which is not shared with the rest of the country.
Look for Trends. If you spot a trend, component that into your decision. Some teams have other teams' number. Within the last 4 years the 49ers have covered against the Rams 7 of 8 times and the one time they didn't, Young was hurt and they had to play Druckmiller, a rookie. In the last five years, Green Bay has lost 4 out the 5 games played in Detroit.
Trends are not guarantees. The pattern might not hold and you lose your bet. But, remember the aim is to improve your probability of winning. According to past performance, if you bet on the 49ers to cover against the Rams, you're more likely to win your bet than to lose.
Place your bets late within the week. By waiting before the end of the week, you will know about any injuries to key players that may affect the way you bet. Many times, players are injured or aggravate an injury in practice. Or what seemed like a minor injury on Tuesday may turn out to be one which will keep the player out of the game. In addition, weather conditions might affect your bet. Inclement weather often keeps the scoring down.
Limit the Range of Games You Bet. More isn't better. The optimum number appears to be 3 to six games. Any more and the winning percentages often decline since the law of averages is necessary. (The better games you play the greater likely you are to have 50% winners and 50% losers. And that's a losing season, due to the juice.) Also, it's easier to concentrate on a limited range of games.
Losing Streaks Happen. No matter what, you can count on a losing streak. It happens to handicappers, professional gamblers, casual bettors, and also books. Be well prepared to ride it out. For anybody who is using Pro Predictor or perhaps a handicapping service, you must stick with it throughout the season in order to come out a winner. Leaving at the first sign of a losing streak will guarantee you lose for the season. Suppose you drop out only to have the handicapper go 5 for 5 the next week. Those are 5 wins you will never have and can affect your overall winning percentage.
Never Bet Against a Streak. This is a key to increasing your winning and decreasing your losses. Consider this a betting mantra. Say it over as well as over until it is firmly embedded in your mind. Never bet against a streak. And, for anyone who is going to bet on streaks, bet the streak shall continue. And it will not matter whether the streak is a winning streak or a losing streak. Ironically, logic will tell you that the odds of a streak continuing double with each additional week and you should bet against it. But there's a hidden trap.
Consider the following scenario: In week 10, you notice that Green Bay has covered for 4 weeks in a row. Should you bet that the streak will end? Of course, per week the odds against the streak continuing double.
Betting Against the Streak: You bet $100 against Green Bay covering in week 11. Sure enough, they fail to cover. You are $100 ahead. But what happens if they do cover and also the streak continues. You are $110 in the hole. What do you need to do? Do you bet another $100 against the streak in week 12 because the odds against the streak continuing are even greater? If you do, and the streak ends, you win $100 and now will be just $10 loser and that is the end of that. However, in the event the streak continues, you're now $220 in the hole. What do you need to do now? Do you bite the bullet and take your losses or do you fall into the trap of chasing your loses? Do you continue and attempt to get back several of your losses? Do you double up within an attempt to cover your loses? Do not do it. Doubling up is never a great idea. It's another trap that can cause you to have huge losses and it is not worth the gamble.
Betting with the Streak: You bet $100 that Green Bay will cover again in week 11. Whenever they fail to cover, you have lost $110 and that is that, much like a regular straight bet. But what happens if they do cover and also the streak continues. You are $100 to the great and if you continue to bet on the streak, the most you can lose is $10. If you bet another $100 with the streak in week 12 and also the streak ends, your net losses are $10. Nevertheless, should the streak continues, you are guaranteed to come out at least $90 ahead and with each addition week the streak continues, you add another $100 to your winnings.
Because of this, if you bet against a streak, the most you can win is $100 but you the amount you can lose is limited only by the length of the streak. If you bet with the streak, learn online casino the most you may lose is $110, though the amount you can win is limited only through the length of the streak.
The very best linesmakers are those who have a feel for exactly what the betting public believes. The betting line they set reflects the betting public's perception of the strength of the two teams. It does not necessarily reflect the true relative strengths of the two teams. And the sportsbook betting public's perception is often wrong.
When you realize that concept, everything else will begin to fall into place. You may have an advantage over most bettors.
Be objective. Listen to you head not your heart. Don't bet against the Cowboys simply because you want to see them lose. And, do not bet on a team simply because you like the team. And don't bet on your favorite team in the event that you are an avid fan. It's nearly impossible to be objective. Fans tend to be overly optimistic about their favorite team or overly pessimistic if things are not going well.
Be consistent. Bet the exact same amount on each game. Some players bet $200 on games they think are locks and $100 on ones they are not so sure of. It's those not so sure of bets that rack up the losses. When you are uncertain about a game, don't bet it.
Should you bet on the home team? Generally no. On the contrary, if you can be objective, you've got an advantage. You probably know more about your house team than those in other parts of the country since the local media gives extensive coverage to the home team, coverage which is not shared with the rest of the country.
Look for Trends. If you spot a trend, component that into your decision. Some teams have other teams' number. Within the last 4 years the 49ers have covered against the Rams 7 of 8 times and the one time they didn't, Young was hurt and they had to play Druckmiller, a rookie. In the last five years, Green Bay has lost 4 out the 5 games played in Detroit.
Trends are not guarantees. The pattern might not hold and you lose your bet. But, remember the aim is to improve your probability of winning. According to past performance, if you bet on the 49ers to cover against the Rams, you're more likely to win your bet than to lose.
Place your bets late within the week. By waiting before the end of the week, you will know about any injuries to key players that may affect the way you bet. Many times, players are injured or aggravate an injury in practice. Or what seemed like a minor injury on Tuesday may turn out to be one which will keep the player out of the game. In addition, weather conditions might affect your bet. Inclement weather often keeps the scoring down.
Limit the Range of Games You Bet. More isn't better. The optimum number appears to be 3 to six games. Any more and the winning percentages often decline since the law of averages is necessary. (The better games you play the greater likely you are to have 50% winners and 50% losers. And that's a losing season, due to the juice.) Also, it's easier to concentrate on a limited range of games.
Losing Streaks Happen. No matter what, you can count on a losing streak. It happens to handicappers, professional gamblers, casual bettors, and also books. Be well prepared to ride it out. For anybody who is using Pro Predictor or perhaps a handicapping service, you must stick with it throughout the season in order to come out a winner. Leaving at the first sign of a losing streak will guarantee you lose for the season. Suppose you drop out only to have the handicapper go 5 for 5 the next week. Those are 5 wins you will never have and can affect your overall winning percentage.
Never Bet Against a Streak. This is a key to increasing your winning and decreasing your losses. Consider this a betting mantra. Say it over as well as over until it is firmly embedded in your mind. Never bet against a streak. And, for anyone who is going to bet on streaks, bet the streak shall continue. And it will not matter whether the streak is a winning streak or a losing streak. Ironically, logic will tell you that the odds of a streak continuing double with each additional week and you should bet against it. But there's a hidden trap.
Consider the following scenario: In week 10, you notice that Green Bay has covered for 4 weeks in a row. Should you bet that the streak will end? Of course, per week the odds against the streak continuing double.
Betting Against the Streak: You bet $100 against Green Bay covering in week 11. Sure enough, they fail to cover. You are $100 ahead. But what happens if they do cover and also the streak continues. You are $110 in the hole. What do you need to do? Do you bet another $100 against the streak in week 12 because the odds against the streak continuing are even greater? If you do, and the streak ends, you win $100 and now will be just $10 loser and that is the end of that. However, in the event the streak continues, you're now $220 in the hole. What do you need to do now? Do you bite the bullet and take your losses or do you fall into the trap of chasing your loses? Do you continue and attempt to get back several of your losses? Do you double up within an attempt to cover your loses? Do not do it. Doubling up is never a great idea. It's another trap that can cause you to have huge losses and it is not worth the gamble.
Betting with the Streak: You bet $100 that Green Bay will cover again in week 11. Whenever they fail to cover, you have lost $110 and that is that, much like a regular straight bet. But what happens if they do cover and also the streak continues. You are $100 to the great and if you continue to bet on the streak, the most you can lose is $10. If you bet another $100 with the streak in week 12 and also the streak ends, your net losses are $10. Nevertheless, should the streak continues, you are guaranteed to come out at least $90 ahead and with each addition week the streak continues, you add another $100 to your winnings.
Because of this, if you bet against a streak, the most you can win is $100 but you the amount you can lose is limited only by the length of the streak. If you bet with the streak, learn online casino the most you may lose is $110, though the amount you can win is limited only through the length of the streak.
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