Tag Archive: betting odds

Though no one can predict the future with 100% certainty, there are sports bettors who make a living from this unpredictable activity. How do they do it? Well, for a start by not falling for all the silly sports betting myths that are flying around over the internet. They put their heads down and thoroughly study every single aspect that could have a bearing on the game or match. They also understand how the sportsbooks work. The bottom line is that if you want to make bank, then study more.

Like most sports, basketball has its own betting markets. Some of these bets will be the same as those found in other sports. And some will be very different. If you're tempted to start betting on NBA games, then it's essential that you understand what you're doing before placing bets with your own hard-earned cash. With this concise betting guide to the NBA, we try to cover all aspects of betting, including bet types and the research needed to ensure that you get the best value for your money

If you take a single sporting event and look at how the sportsbooks display their odds, then you'll find that there are three major formats. These are the American odds, the Decimal odds and the Fractional odds. Though they may all appear to be very different on the surface, the actual real underlying odds remain exactly the same. We prefer the decimal odds. As they are simple to use which means you can quickly calculate the odds of any sporting event on the fly, for a better winning chance.

Go to any social media platform and check out the comments. You'll quickly realize that half the world appears to suffer from confirmation bias. The idea that an opinion is correct, even when faced with scientific contrary eveidence, leads to some entrenched thought processes. The same holds true with all forms of gambling. In sports gambling, as well as casino games, many gamblers will base future bets and wagers on the previous positive outcomes. But there's no connection between the two.

One of the reasons that we all love watching sports and supporting our team is an emotional one. But if you're taking a punt on the game, you should never let your emotions come into the equation. Likewise, blindly supporting your favorite team is a sure-fire means of losing money. As a sports bettor, you should be on the look-out for "value". After all, your job is to make money. That will often mean betting against the favorite. Another important point is to take care of your bankroll.