Sports betting is a form of gambling where you place wagers on the outcome of a sporting event. There are many types of bets, including moneylines, spreads and parlays. You can also make prop bets, which are wagers that have nothing to do with the actual game itself.
Betting for Value
Finding value in odds is one of the most important aspects of sports betting. It is the only way to consistently win and is essential for long-term success.
Positive Expected Value
+EV is a key method to winning sports bets, and it’s not something that casual bettors use enough. It’s a fundamental tool that bettors should employ for every bet they place.
Bet on Your Home Team
In many states where sports betting is legal, fans of their hometown teams flood the sportsbooks with bets. This is a phenomenon known as lopsided action, and it’s not uncommon to see a line on the favorite that is higher than it should be.
Bet on Your Favorite Sport
The biggest and most popular sports in the United States are the NFL, NBA and MLB. Each is a hot spot for betting excitement and a huge market with millions of fans.
These are the sports that people bet on primarily for the entertainment value and the thrill of watching a game. However, these are not the only sports that have a high-level of popularity and fan engagement. Several other sports, such as college basketball, NHL and soccer, have dedicated followers who love to place wagers on their favorite teams.