Hello, this is my first time posting on this website, but I have been reading the forums the past month or so and finally chose to register (and post).
A little background information on me:
I would consider myself to have intermediate knowledge of sports gambling. I'm currently a college student, age 21, but have been gambling for 5+ years.
I'm usually a pretty conservative gambler, putting anywhere from 40-100 bucks into an online account every once in a while, usually just doing $5-10 bets . Last year, though, I was able to find a bookie at my school, and my bets increased to the point where i was wagering $100s (and even $1000s) weekly. He has since graduated, and I have gone back to my online sportsbooks. Surprisingly, I made more money off the bookie than I have off sports books online (even though I did a poor job with money management).
Anyways, I would consider myself pretty knowledgeable when it comes to sports (specifically basketball and football) and being able to evaluate and compare talents and/or teams. My problems seem to be:1) I have really bad luck (haha just kidding).
2) I don't know all the intricacies of gambling.
What are some guidelines that should be used when betting?
Some examples I've come across are:1) In football, a 7.5 spread is basically the same thing as a 9.5, because teams hardly win by 8 or 9 points. So betting on a team that was -7.5, regardless of their talent level, is not a good bet when it comes to gambling/mathematics.
2) In basketball, point spreads of -0.5, 0, and 0.5 are essentially the same thing, because of the low percentage of games that result in a one point win/loss, and the inability to tie. So using this knowledge, if you were to bet a 4-point teaser, and one of the teams was -2, they would then move to +2. This is not a good bet when it comes to gambling/mathematics, because 3 of the 8 spots (counting them as 0.5 movements) I moved are considered to be valued at the same amount, so I really only moved the line 6 spots (3 points), rather than the full amount allowed of 8 spots (4 points)
3) Another one I found interesting, are the
odds given on parlays. For example, a common pay out for an 8 team parlay would be 150 to 1, assuming the normal -110 odds. If the player were to make this exact same wager, but instead chose 7 teams with -110 odds, and 1 team with -120 odds, the payout would be 168 to 1. So including the team with the worse odds, -120 in this case, would actually benefit the players payout.
Thank you in advance for any information provided.
SBR Top-Rated Sportsbooks
What are some gambling tips, pointers, and warnings
Reply With Quote
Originally Posted by king
