Online Sports Betting
Online sports betting sites are increasingly gaining popularity all over the world. The popularity of sites that allow online football betting, online Basketball betting and online betting on all other major sports is driven by their convenience and flexibility. There are also attractive online sports betting bonuses, which encourage new people to start betting. Furthermore, in the wake of government regulations, it is mainly through internet wagering sites where people can place bets legally.
Online Sports Betting Bonuses
On line sports betting bonuses can help you increase your bankroll and chances of winning. The common bonuses require the bettor to use a bonus code while depositing money. If the code is correctly used, the free money is deposited on the bettors account. The second most popular bonus offer is a match bonus in which the sportsbook site will match your deposit up to a certain amount; say you deposit $100 and the match bonus is 100%, you will stat out with a gambling bankroll of $200. The major types of bonuses include initial deposit bonus, reload bonus, refer a friend bonus and free play bonus.
How Online Sports Betting Sites Work
At first, the terms and numbers being used in sports betting can be confusing if you have never placed a wager. Before you decide to start betting, you should make sure that you clearly understand how odds work and what some of the basic sports betting vocabulary means. An odds-makers reputation is determined based on his accuracy. Various factors are used to determine the betting line for a game. They include the team past performances such as in this season, last season, last week and past performances on each other. Other factors include home field advantage, playing surface, weather forecast, team morale and injuries.
However, it is important to note that odds-makers do not try to predict the outcome of the game when setting the point spreads. For example, if a team is favored by seven points, it does not mean it will win by seven points. Instead, the bookmaker goal is to set equal number of bets on both teams. The major reason why odds-makers set equal number of bets on both sides is to avoid being sided. This condition occurs when one side attracts more bets. If that happens and the team wins, the bookie will lose a lot of money but when they are equally bet, half the bettors lose. The bets of those losing are used to pay those winning and thus, the bookie does not lose money.
To prevent losing money, the betters move the line in accordance to the betting patterns. For example, in online baseball betting the underdog is attracting more bets because a key player on the other team is hurt, the bookie will rectify the trend by moving the line the other way and reduce the number of runs the favorite is laying. However, bets made prior to the move are counted on the old line.
Great Online Sports Betting Strategy
Good bettors will make another bet on the other team after the line has been moved a few points/runs trying to cash in on two bets at once if the final point/run total falls in-between their two bets. A betting strategy known as middling. An example of that would be if you had bet the Redskins -2 against the Giants at Bovada and you found the Giants +4.5 at 5dimes. If you bet on the Giants at 5 dimes at +4.5 and the Redskins win by 3 or 4 points you win both bets. If you win one bet or the other but not both the worst you can do is lose the juice and the best you can do is win $10-to-$20 if the underdog comes through.
How to Read Sports Betting Odds
There are three major betting odds that include Point Spread, over / under and Moneyline Betting Odds. If you can understand each one of these types of odds then you can bet with confidence online.
Moneyline wager is a bet on who will win the game outright without point spreads or other variables. The bettors pick the team that will win and place a bet on it. Using the moneyline wager, the favorite team will have a negative symbol and a number and the underdog will have a positive sign and a number telling you how much you have to bet in order to win $100. So if a team is -120 you have to bet $120 to win $100 and if a team in +120 you have to bet $100 to win $120.
Betting on point spread allows the bettor to wager on the difference in score between the two teams. So if the Packers are -7 Vs the Lions the packers have to win by 8 or more in order for you to win your bet. On the flip side if you have the Lions at +7 they have to lose by 6 or less to win your bet. If the margin of victory is exactly 7 the bet is a push.
Over / under or the total score allows bettors to wager on whether the total score will be over or under a predetermined amount for the game; most sportsbooks offer over/unders for the entire game, first half, second half and even quarters and team totals. So if the over/under for the 49ers Vs Seahawk game is 48.5 you bet on whether you think the total number of points scored will be more or less than 48.5 and you win if you pick correct side
More Pages About Internet Sports Betting
Online hockey betting sites as well as how hockey betting lines work and sportsbook bonuses are found on this page.
Online golf betting sites and bonuses are examined. The different types of golf betting odds and prop bets are detailed.
| Sportsbook Name | Bonus Offer | Accepts USA |
|---|---|---|
| BetOnline | Up To $1000 | YES |
| Bovada | Up To $250 | YES |
| Bet DSI | Up To $500 | YES |
| 5 Dimes | Up To $520 | YES |