Sports Betting 101

Sports Betting for Beginners

The Point Spread Betting:

In every sports match there is a favorite and an underdog. Odds makers take away points from the favorite in order to even out the teams.

For example, if Los Angeles Lakers were to play the New Jersey Nets it is clear that the Lakers will destroy the Nets 99 times out of a 100. Most people would bet on the Lakers and win. The sports bookies would be out of a lot of money. There would be no reason to bet on the Nets.

To make the match ups fair, the odds makers create a unique point spread for every game. The Lakers would be put at -15 and the Nets at +15. Not only do the Lakers have to win, but they have to win by more than 15 points. This makes it a lot more harder to predict a win. The Nets losing by 10 points would still be considered a win.

The Money Line:

I sometimes refer to this one as the betting line. If you don’t want to bet using the point spread, you could bet on the money line. The odds makers increase or decrease the amount that you win based on the team that you are betting for. This is a straight up bet on who wins or loses.

The favorite will have a (-) number. Using the Lakers/Nets example, the Lakers would be -250. You would need to bet $250 in order to win $350 (profit $100).

The underdog will have a (+) number. The Nets would be +150. You would only need to bet $100 to win $250 (profit $150).

There are many different strategies that you can use placing bets using the point spread and the money line. In fact, there are way more ways to bet on sports, but these two are the simplest ones out there. If you are interested in learning a lot more about sports betting, check out the #1 guide in the world The Sports Betting Champ System.

Gambling 101

When I was in kindergarten the school did two things that would forever shape my life. They placed me in E.S.L. and skipped me ahead one year in math. As I struggled with English, I excelled in mathematics. Naturally, I became fascinated with numbers. By the time I was 7, I was secretly very into sports and sports betting. I see gambling as a vice so I have tried my best to stay away from it. There are plenty of ways to gamble such as playing blackjack, Holdem, slots, kraps and my favorite sports betting.

Slots: Only play this if you want to lose your money. I’ve never had any real success here. Penny slots just eat up your $20 bills.

Blackjack: I do a lot better playing online 1v1 then I do at the casino. I’ve only played at the casino less than 5 times though. I stopped playing online because I found it to addictive. Luckily, I cashed out while still ahead by a wide margin.

Holdem: Playing online holdem is risky at this current time. There are many people who have become very good and will pounce on you if you don’t know what you’re doing. I haven’t tried playing at a casino before, it’s a bit too intimidating. I’ve had a pretty good win-rate while playing with friends though. The reason I don’t play this too much is because I become way too competitive and quiet when we play. Valuable time with your friends should not be wasted calculating odds.

Kraps: If you know what you are doing and place the right bets, this game gives you the best chance of betting the house at a casino.

Sports Betting: Before I started betting on sports with real money, I practiced for over a year with virtual bets. I tracked my performance and tested out various guides. I wanted to see for myself whether these systems actually worked. The win rates that are advertised are higher than my results but some of the betting systems still proved to be very good. I’d recommend The Sports Betting Champ System, as it helped me achieve a 95% win rate. Using this system I didn’t bet on every game, but only took low risk bets. I am very excited with this and can’t wait for the 2010-2011 NBA season. If you are new to sports betting, you need to first understand the odds. Luckily for you I have written an article on it Sports Betting 101.