Betting 101
Every bettor has to start somewhere, right?
Well the best place to get started as a sports bettor is right below. We’ve created a comprehensive yet user-friendly guide to some general sports betting principles and common terms.
NFL Betting 101: Bankroll Management Expert Advice by Trevor Whenham - 6/26/2019 One way you can tell the difference between a casual bettor and a betting geek is how they feel about talking about.
Sports Betting 101 our free sports gambling tips & handicapping advice archive, betting tools for newbies with predictions, sportsbooks and analysis. Learn how to bet on football at VegasInsider.com. Betting Resources provided on understanding football odds, future wagers, parlays, prop bets, teasers and much more. Bet the Super Bowl, College Football Playoff at VegasInsider.com.
Having ‘action’ makes any game interesting but American sports bettors combine to lose literally billions of dollars each year.
There are three main reasons for that:
Sports Betting 101: A Beginner’s Guide & Tips to Betting Online Anyone can master the art of wagering for profit while having fun with the right information. That’s why most successful sports betting enthusiasts pursue the right data and statistics about a game before they can conclude where to place their wager. Betting 101 Here are the options for types of bets you can place. Click each of the buttons below for explanations on the different bet types.
But you’re on this site because you like sports betting and want to get better results. Here some tips:
Now that you have some basic tips it is important that you understand the language of bettors.
Here’s a brief rundown of
Here’s a simple example:
LA Lakers -4.5
NY Knicks +4.5
The Lakers are 4.5 point favorites in this game which means they have to win by 5 points or more for you to win your bet. If they win the game by 1-4 points (or lose) then you lose your bet.
Knicks bettors have two ways to win. They can win the game outright or lose by 4 points.
Here’s a simple example:
Patriots at Packers Under/Over 44.5
You bet on the Over if you’re expecting 45 points or more.
Betting 101 On Ky Derby
You bet on the Under if you’re expecting 44 points or less.
Sportsbooks love parlay bettors as they tend to lose at a much faster rate than individual bets.
1. An amount that corresponds to 1% of a bettor’s bank; or
2. An amount equal to one regular wager for that bettor
Some bettors outlay the same amount per game – this is flat betting. Others bet a varying percentage of their bankroll per game depending on the odds available and their confidence level of that play. That is almost always between 1-5% of your total bankroll.
For more advanced betting knowledge check out our
Betting 101
