Whether you’re a casual sports fan or an avid bettor, it’s likely that you think about betting on sports games at least occasionally. But what most people don’t realize is that sports betting isn’t easy. Even the most successful “expert” bettors only get about 60% of their bets right. Fortunately, there are some ways to optimize your chances of success.
1. Research is key
The more time you spend researching, the more likely you will be to win your wagers. This means looking at simple statistics like team and player records, but also going a step further and examining more specific data points. For example, in baseball you might look at batting average versus home run average or in football you might analyze coaching matchups.
2. Know the rules
Before you start placing bets, it’s a good idea to familiarize yourself with the sportsbook’s rules and policies. This will help you avoid making any mistakes that could lead to a loss. In addition, you should know the different types of bets available and how they are calculated. This will help you make the most informed decisions when it comes to betting on sports.
3. Consider the vig
The vig is a commission that the sportsbook takes on each bet. While it’s not a big amount, it can add up quickly if you place a lot of bets. To minimize the vig, you should try to find a sportsbook with low margins. You can also ask your friends or colleagues for recommendations to find a safe and reliable sportsbook.
4. Understand over/unders
Over/under bets are a fun way to predict the total number of points scored in a game. Sportsbooks calculate these odds by taking into account things like weather forecasts, player injury reports, and past performance. However, it’s important to remember that the score of a game can change dramatically from one moment to the next.
5. Choose a reputable sportsbook
While there are many online sportsbooks to choose from, it is essential to research each site before making your deposit. Check out the betting options, payout speeds, and customer support. You should also ensure that the sportsbook accepts your preferred payment methods. Also, be sure to read reviews of each site, but remember that what one person finds positive another may find negative.
Sports betting is a growing industry in the United States and is set to increase dramatically. Its legalization has been driven by a desire to boost Atlantic City casinos and by the Supreme Court’s ruling that sports betting is constitutional. But it’s also becoming a huge marketing tool for the major professional sports leagues, which have lined up with gambling sites like FanDuel and DraftKings to promote this new activity. As a result, the lines between sports and betting are blurring. And that’s a big concern for some. This week on FRESH AIR, we’re talking with Eric Lipton about his investigation into the rise of sports betting in the US.