The Basics of Sports Betting – How to Bet on Sports
While sports betting can be fun and lucrative, very few people know how to bet on sports. Many sport betting review sites provide tips and links for individuals interested in learning more about it or for seasoned bettors looking to improve their stats.
First, educate yourself. Familiarize yourself with the sport, the teams, the players, and any relevant states. At times, doing extensive research seems pointless—after all, just look at the WSJ survey that pitted the stock tips of apes against mutual fund managers; the apes often performed better! However, this doesn’t mean that it’s all a game of chance. Those mutual fund managers made money while the apes didn’t, not to mention that many of them (the managers) far outperformed the apes because they were able to learn things that the apes couldn’t. Investigate sports betting sites, learn as much as you can.
However, keep in mind that learning about the sport itself isn’t the same as learning about how to bet on the sport. For example, if you are planning to bet on horseracing, it wouldn’t hurt to research the jockeys, the horses, and the track, but this isn’t the same as learning the difference between the money line and the run line.
Some people cling to their picks not matter what, so you have to take other people’s advice with a grain of salt. Nonetheless, it usually doesn’t hurt to get a second opinion. The overarching point here is that you are learning as much as you can, not just about the sport, but also about the nature of betting on that particular sport.