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Six tips for becoming a sharper sports bettor
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tocito (IV08562501)



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The proliferation of legal sports betting has introduced millions to a hobby that can be costly. Many new players discover that beating the house is not easy. But it’s not unrealistic at least to give yourself a better chance. Taking a look at the habits and tools used by sharp bettors — also known as “sharps,” “professionals” or “wiseguys” — gives us clues as to how professionals sustain a track record of success.

Here are six things you can do to give yourself a fighting chance against the house.

1
Know your bet’s break-even rate
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The break-even rate is, quite simply, the rate you would need to win a given bet to break even over the long term. Your edge over the house appears when the odds are more forgiving than your bet’s break-even rate. The bigger the difference, the higher your edge.

To start, let’s consider a simple coin flip. The win rate for betting on the outcome is 50 percent: Half the time we would expect the coin to land on heads, with the other half on tails. In sports betting terms, the fair moneyline equivalent for such a bet would be +100: Bet $100 to win $100. Wagering on a moneyline better than +100 — which would provide a break-even rate of less than 50 percent — would turn the coin flip bet into a winning proposition over time because the 50-50 odds are above the break-even rate. Odds worse than +100 would carry a break-even rate above 50 percent and would be expected to reduce your bankroll.

For example, if you were offered odds of -110 on a coin flip — bet $110 to win $100, as you might see during the Super Bowl — your edge would be worse than nonexistent. You would be expected to lose 5 cents for every dollar wagered. If the odds were +110 — wager $100 to win $110 — you would be expected to win 5 cents for every dollar bet. Sports betting isn’t as black-and-white as flipping coins, but if you are able to estimate a bet’s chances of winning, you can assess how wisely you’re spending your money.

Say you were evaluating a baseball game and decided Team A had a 70 percent chance of beating Team B. You would need a moneyline of -233 or better to make this a winning long-term bet. Similarly, any odds better than +233 on Team B — implying a 30 percent chance to win — would also be considered a decent wagering opportunity.
DonaldStanley (IV010162801)


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amaretosdefractor (IV08562301)



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I want to give bettors the advice I wish I was told when I started betting on sports. I don’t consider any strategies that I use extremely complicated and many are easy ways to increase your profitability in the long-run. If you place bets and want to win then use multiple sportsbooks to find the best numbers. Just like people shop at different stores to look for the best prices, bettors should utilize a variety of sportsbooks to find the best price. What do you think about them baji-live.com? Any ideas?
 
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