Sports betting mistakes might happen even to the most experienced bettors. However, common mistakes are easy to prevent. At Safest Betting Sites, we offer bettors a large resource of betting strategy. Even with all this material, it’s easier for bettors to fall back into poor habits and sabotage themselves by making poor decisions. Below are some of the biggest mistakes and pitfalls losing bettors make and how to avoid them.
While the odds makers do to try approximate the median margin of victory between two teams, they also try to reduce their exposure to risk by setting lines such that the public money will fall evenly on both sides of a game, so that they can offset the bets against each other and earn a profit on the juice (cut of winnings taken by the house, explained below) without exposing themselves to large potential losses. Thus, odds makers are often in the business of gauging public perception rather than team performance, and therefore the betting public actually sets the line. In more recent years, the betting public has had less influence on the odds than professional betting syndicates or sharp money has had, but there is still value to be found – although in different ways than in previous decades. If Georgia is 4 points better than Georgia Tech according to my advanced metrics and analysis, but the aggregate public perception is that Georgia is 7 points better than Georgia Tech, then the posted point spread is likely to be closer to 6 or 7 points (public perception) than it will be to 4 points (the realistic difference between the teams). This makes my job as a professional handicapper much less daunting; not only can I exploit lines where the odds makers are off, but I can also exploit the uniformed opinions of the general betting public, and more recently take advantage of betting syndicates and ‘quants’ that rely more and more on algorithms but can overlook some of the hidden value in changes in team personnel or lineups and in the particular match up between two teams.
Several additional states such as Louisiana, Connecticut, Mississippi, Maryland, Massachusetts, Missouri, California, South Carolina, Iowa, Illinois, Kansas, Kentucky, Indiana, Michigan, Minnesota, Oklahoma, Ohio, New York, and West Virginia, began drafting bills to legalize sports betting soon after New Jersey and Delaware. Pennsylvania, Rhode Island, and West Virginia were able to pass legislation legalizing sports betting within their states.
Each better must know his limits and choose the sport, competition and region accordingly. Information is vital – the more you know about the sport, the better for you. The information sources are the Internet, watching TV, participation on the matches etc. Betting according to the actual ranking such as "the third team plays the one but last team" is certainly insufficient.
In order to beat the juice and win in sports betting, a bettor must employ a disciplined approach in their analysis of each game using methods that have proven to be successful in the long run. I discuss my math models and analytical metrics in my Handicapping Methods essay, but you must realize that only the best and most knowledgeable handicappers can win more than 52.4% of their games. In their 2007 two page article about my handicapping success, the Wall Street Journal wrote, “…fewer than 100 people can sustain (win rates of 55%) over time. Most of them belong to professional betting syndicates that hire teams of statisticians, wager millions every week and keep their operations secret.”
Of course, there is a lot more to look for other than good odds and a lot of wagering opportunities when choosing the best sports to bet on. These days, it might be important to be able to place bets using mobile devices and SMS. Maybe you want to easily watch the live action and bet in-play on your favourite sport. Punters want choose a sports that helps them to maximize their earnings and mitigate their losses by receiving valuable bonuses and ongoing promotions. In other words, punters want everything that the best sportsbooks have to offer.
ATS equals “against the spread”. The spread is the number oddsmakers use to give people other betting options besides only wins and losses. A spread for a Premier League fixture would be something like .5 or 1.5. One club would need to lose the match by no more than 1 or 2 goals or the other needs to win by 1, 2or more goals. If the final score doesn’t reflect the number set by the oddsmakers, your bet won’t cover the spread and you can’t win your bet.