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how to bet on football games

how to bet on football gamesHow to BetIn the United States sports betting is only legal in the state of Nevada but more wagering is done on sporting events than any other form of gambling. Offshore sports sites, illegal bookmaking operations, office pools and bets amongst friends and sports fans make it the number one gambling activity.The casino Sports books make their money on sports bets by collecting a commission on losing bets. This is called the Vigorish or Vig for short. The most common odds are 11 to 10. This means that if you want to win $100 you are risking $110. For example you place a bet on the Giants at the casino sports book and pay $110. If the Giants win you collect $210 when you cash your winning ticket. If you lose your bet you lose the $110.
Ideally the Sports book would like to have the same amount of money wagered on the two teams playing.
Sports Betting SystemsDon't Gamble - Invest in Sports! Use These Mathematical Systems.SportsBettingProfits If the Giants are playing the Colts and they have one player betting on the Giants and one player betting on the Colts they would pay the winner $100 but collect $110 for the loser. This gives them a $10 profit so they really don’t care who wins as long as they have an equal amount bet on each team. To accomplish this they assign a line or spread to make the contest equally attractive for both sides.The Point Spread Many people think that the point spread is the predicted margin of victory by which one team will beat another team but this is not true. The line is the handicapper’s prediction of what number will be required to split the wagering evenly on both teams. For this reason the line may change from the opening line to the line at game time.
When you bet on a game with the point spread your team does not necessarily have to win. You just need to cover the spread. If you be Miami is favored to win by 7 and they only win by 4 you lose. If you bet Chicago who is a 10 point under dog and they only lose by 3 points then you win.
Types of Bets A Straight bet is a bet made on a single game or outcome. You can choose to bet the favorite or the under dog or you can bet the over or under of the total score. When you make a straight bet you are betting on a single event or outcome.
Over/Under You can also choose the over or the under for the game total. The over or the under is a wager on the total score at the end of the game. You add the scores of both teams to get the final number. When you bet the under you are betting that the score will be under the total. When you bet the over you are betting the score will be higher than the total. For Example the final score of the game is: Colts 32 and Giants 17. The total of the game is 49. You win if you bet over and the score was more than 49 or if you bet under and the score was less than 49. If the score was exactly 49 then it would be a tie also called a push.
Parlay A Parlay bet is a single bet that links together the outcome of more than one game or event. The parlay can be comprised of a series of bets on a team, over/under bets, or any mixture of the two. For the parlay to be a winning wager, every one of its individual plays must win. If any of the individual bets is not a winner, then the entire parlay wager loses.
The payout for a parlay bet varies with the number of wagers in the parlay. A two team parlay usually pays 13 to 5 and a three team pays 6 to 1. Some sports books and bookmakers offer slightly or higher payouts on parlays so y0ou should always shop around for the best payouts.
Parlay bets are attractive because the bet is low and the payoff is high. However you have to pick multiple winners to be successful. It might be to your advantage to pick several games straight up instead of linking them together.
Teasers A Teaser is one wager consisting of 2 or more propositions in which you are allowed to adjust the point spread in your favor. For example in a two team football teaser you can add or subtract 6, 6 ½ or 7 points to the point spread of each team. Most Teasers are even money bets.
For example: You want to bet the Colts and Miami in a teaser. The Colts are 7.5 favorites over the Jets and Miami is a 3.5 underdog to New England. Taking them in a 6 point teaser the point spread for the bet is: Colts – 1.5 (subtract 6 from 7.5) and Miami + 9.5 (add 6 to 3.5).
Most novice gamblers end up losing their proverbial shirts year in and year out, most failures can be directly attributed to poor money management practices but many more failures are also due to a complete lack of knowledge with regard to how to handicap that particular sport and the factors/situations that come into play week in and week out.
First of all a “Point Spread” is defined as a number placed on an event for wagering purposes and is often expressed in terms of the amount of points one side must spot the other side as a means of evening the playing field for both the favorite and underdog, in most cases a money-line is also attached to the same event so that one may simply wager on either the favorite or underdog to win without having to lay points, keep in mind that its usually football and basketball games that have point spreads.
If there is only one bit of advice that you take from this article, I hope it is this…Keep your eyes and ears open!! I bet you’re wondering “huh” right about now aren’t you? When I say keep your eyes and ears open I am referring to the radio, the TV, and the local newspapers in your area, often local team beat writers glean information from team players or team sources and use that same information for their local radio or TV shows or for the articles that they write for the local newspapers, this same information can be very valuable to you as a gambler if you are able to dissect what is important and what is not and then act upon the important information before the rest of the world does, this gives you what is referred to as an “edge”.
Get in the habit of having the local sports talk shows on the radio when you are driving or working at home on your computer, know what time the local nightly sports show comes on television in your area, pay special attention to the sports section of the local newspaper each morning over coffee or breakfast. The idea is to absorb as much information as you can through out the week and prior to game time, know who is returning from an injury or who is nursing a nagging knee or ankle injury that may slow them down, know if there are any “cluster” injuries along the offensive or defensive lines which can impact the upcoming game, know if your local team is playing at home and if there are any possible weather concerns.
The point of the matter is that you have a wealth of information at your fingertips with regard to the local college and professional teams in your area and in most cases this information can be accessed by you before the rest of the betting public learns about it and you can use this to your advantage, by no means am I saying to disregard the rest of the teams in the league and not care what is going on with them, what I am saying is that if you want to defeat the posted point spread you have to look for edges and often an edge can be found by concentrating on local information about local teams.
I advocate using multiple “outs” for placing wagers as a means of garnering the best possible point spread on any game you intend wagering on, in this day and age a gambler has access to many off shore sports books and it’s a good idea to utilize at least three or four of these for line shopping purposes, but remember to do your homework before simply signing up with just any off shore sports book, most are reputable but some are not.
However it is also a good idea to have a local book that you can place wagers with for the express purpose of wagering against local teams, remember that local teams are also generally popular teams to wager on for the local run of the mill gamblers in your area, meaning that you must usually lay a higher point spread number if wagering on a local team thru a local book, thus the rule of thumb is to use off shore books when wagering ON local teams but use local books when wagering AGAINST local teams.
If you want to defeat the point spread you have to remain ahead of the proverbial curve, this means that you must out-work other gamblers with regard to having and acting on information before they do, I personally do a ton of off-season work and I recommend that you do the same, for example, it’s a good idea to go over each teams schedule as soon as it is released for the upcoming season and finding potential bad spots for each team.
By bad spots in the schedule I mean taking note of the potential pitfalls or scheduling quirks that might affect a teams performance, for example, when a team is playing on the road for a third straight week, or when a team has played two or three straight divisional games and are in line to play a non conference team next, or if a team is playing on a short week because they just played on Monday night or if a team has been bouncing back and forth from the east coast to the west coast or visa versa.
Know in advance to the start of the new season by studying the schedule if a team is revenge minded against another team for an embarrassing loss or for knocking them out of the playoffs the previous year, try to study and concentrate on historical data from past divisional match ups, the reason is because divisional teams face each other at least twice yearly which means that often you can find a team that for one reason or another continues to dominate another.
Know in advance to the start of the new season what players a team lost to free agency or trades and what players they added via the draft and/or free agency and don’t forget to consider any coaching changes, a complete turnover in coaching staffs is a hard thing to overcome and often means that a team will struggle in the early going of a new season because that team is still trying to learn a new system.
The astute gambler will then take all of the information he or she has gathered during the off season and will prior to the start of the new season make up a set of power ratings which are then updated on a weekly basis once the regular season starts, a smart sports gambler will have a set personal schedule that they adhere to once the season is under way, keeping in mind that your off season work has already pinpointed potential scheduling problems and you have a set of power ratings in place, you can now use this information to better evaluate the opening Monday morning lines for the next week.
Monday morning is also a good time to check the injury reports of each team as well as advance weather reports for the upcoming weekend’s slate of games, as the week progresses you want to continue to monitor the posted point spread as well as the latest injury and weather reports, if you have already isolated a contest that has perceived value to you and that team is listed as the favorite it is usually best to make your wager as soon as possible, on the other hand if you like a doggie in a particular contest its best to wait until almost game time to place your wager.
The reasoning has to do with the way “Joe Public” bettors wager, which is usually on the listed favorite, by placing your wager early in the week (if you like the favorite) you are locking in your line before the general public has a chance to move the point spread upward, on the flip side if you like the doggie you want the public to drive the line upward so that you can get as many points as possible.
I could go on and on with this article but the end result would resemble a book, hopefully you will take some of this advice to heart, the one item that I did not touch on in this article but is probably the most important aspect of gambling is money management, without some sort of game plan with regard to protecting your bankroll you will surely lose your shirt and not be around placing wagers at seasons end.
Please refer to another article that I have already written simply entitled “Money Management”, the article explains in detail the system that I personally utilize as a means of protecting my bankroll over the course of a long season, one last bit of advise, remember that the betting public is generally wrong which is the reason Las Vegas is still standing, meaning that you should do your homework and follow your instincts and not those of the talking heads in the media or those of your drinking buddies.
IntroductionMany football fans talk big. Make them put their money where their mouth is. When the playoffs come around, "invest" yourself in the game. InstructionsDifficulty: Moderately Easy Steps1Step OneFind the bracket at ESPN near playoff time ' this will include the 12 playoff teams and a blank tree descending to the Super Bowl. 2Step TwoPrint out copies. 3Step ThreeAssign point values for each of the successive four rounds ' 1 point for teams reaching the second round, 2 points for those making the third, 4 points for NFC and AFC champions and 8 points for the Super Bowl champ. 4Step FourGather friends and co-workers interested in playing. 5Step FiveDecide on an entry amount. 6Step SixDistribute the bracket with instructions. 7Step SevenHave all participants pick winners for each game, filling in the name of the winning team for each round. No cheaters; write in pen. 8Step EightGuess at a combined total score of the two Super Bowl teams for use as a tiebreaker. 9Step NineCollect each participant's entry amount and a copy of their bracket. 10Step TenWatch hours of football and yell vehemently for your chosen teams. 11Step Eleven Create a bracket key after the Super Bowl by filling in all the correct winners and grade each entry by awarding corresponding points. 12Step Twelve Give the prize to the one with the highest total points, determining the closest combined Super Bowl score in case of a tie. Tips & WarningsA variation on "winner take all" is to give 75 percent of the prize to first place and 25 percent to second place. If you are not a great football aficionado but find yourself joining the pool for something to do, pick the brain of someone who knows the professional football scene. Those most knowledgeable are usually identified by the limited way in which they disseminate said knowledge. You may lose. Attempt to acknowledge your spouse during game time. Or better yet, get your spouse involved in the pool.

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