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Ride Winning Streaks Team and player performance in sports can be really streaky. You can take advantage of hot and cold streaks in your betting and if you can identify them faster than the oddsmakers, it presents a big opportunity. If a team beats a series of lower quality teams while playing at home it may not be the right time to jump on the bandwagon when their next game is on the road against a top opponent, for example.
Keep track of the schedule and factors that can help keep a streak alive. Hedging Your Bets There are opportunities in sports betting where a punter can make a bet that is opposite to his original bet. In both these examples you can bet against your original wager and lock in a profit, regardless of the final outcome. Hedging lets you sacrifice a larger potential payout in exchange for reduced risk and a guaranteed profit.
By making your hedge bet larger or smaller you can play with how much risk and reward you want to take. At a Las Vegas sportsbook, a St. At the time the Cardinals were five games out of a playoff spot with 15 games to play. A big hill to climb to even just make the playoffs. The gambler was now looking at a potentially massive payday.
But what if the Cardinals lost the World Series. He would get exactly zero. This is the perfect opportunity to hedge. By betting opposite to the original wager, he can lock in a profit. With parlays one loss is all it takes to lose the entire parlay. Betting the Middle This process, also known as middling, is when a punter makes an early point spread bet only to see the line move later.
By exploiting the line change you can place an opposite bet to your first wager and sometimes win them both. Keep reading for an example to make it really clear. This can happen for a few different reasons including too much action being placed on the underdog by the betting public or by things like injuries or other player factors. If the favorite wins by 8 or 9 points exactly, you win both your bets. The downside is that you will take a small loss when this happens due to the commission vig charged by the sportsbook.
Read our full guide to betting the middle for more information. Sportsbooks also want to attract roughly equal action on both sides of a bet to protect themselves from a potentially massive loss. Being able to identify cases when the public is pushing a line gives smart bettors an edge because the line is moving relative to the money coming in rather than the likely final score of the game. As such, you can bet in the opposite direction and reap the benefit of extra points in your favor on the point spread or extra pennies on the dollar with the moneyline.
To fade the public you need to pay close attention to line movements. There are also free resources online that can tell you the distribution of action on specific bets. This is because those leagues use a playoff format when it comes to home and away games. The higher seeded team plays at home for the first two games, as well as the 5th and 7th, if necessary. The zig zag theory works on two main concepts. First, home teams have a real advantage.
Second, when a team is coming off a loss they generally play harder and have a statistically better chance of winning. The zig zag theory works best when a team is at home AND coming off a loss. In the NHL the historical percentages are different and even when the home team takes game 1, the lower seed comes back to win game 2 on the road one-third of the time.
In these moments, with the public betting heavily on the home team to replicate their game 1 success, look to find great value on the road squad. If the leading team has won by close margins the public may still overvalue them by emphasizing the series lead rather than a rational analysis of how the games actually played out. Of course, if they really worked then everyone would be rich and casinos and sportsbooks would be bankrupt. Martingale System — In this system the bettor simply doubles the bet amount after any losing bet in an effort to recoup their money plus a small profit.
An obvious problem with this is that any bad losing streak will require a huge amount of money just to get back to even. The Negative Progression System a. Compared to the Martingale system which only requires your last bet to win, this system needs your overall winning percentage to out-number your losses. The Labouchere system — a. The Cancellation System — This system is also called the split Martingale system. First come up with a base betting unit.
Then write down a common Labouchere sequence like To choose your bet amount, take the first and last numbers from the sequence. If you lose a bet, add the number of units you bet to the end of the sequence. When you win, cross out the first and last numbers in the sequence. Choose a sport you fancy and become a master.
Bringing the knowledge about certain sport to the highest level can help you to make a reasonable decision when choosing who to bet on. Choose a bookmaker Img source: treyonics. The competition between different bookies is fierce which can very well work for you. They will put various ads offering bonuses, discounts, and protections, just to keep you coming back. Check out wagerdex. Research the sites that have been around for a long time with a good reputation when it comes to payouts, and stellar customer service.
The general rule is that the new websites will offer better odds to attract gamblers, while some established ones are safer to play but offer miserable payouts. The favorite is not always the safest choice Img source: bet-nj. First of all, betting is gambling, so you willfully take a chance that one or the other will win. Secondly, the favorite can surprise you big time. Think small, not big Img source: cointelegraph. Maximum three to four. Those are the people who are sure, to a certain degree, based on everything that they saw or read about the player, in his or her chances to win.
Spreading out your bets across 10 or 20 teams, in different leagues, will confuse you leading to making super-risky moves. An educated guess is the best thing you can do in betting, everything else depends on Lady Luck. Research the markets Img source: investopedia. However, this might not be the case always.
Maybe the youngster is on fire, following his winning streak and have more energy to survive the 4-hour or 5-hour match. In team matches, check out the players separately. See their score results and wage accordingly.
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