Although many states have banned sports betting, it has become legal in others. The NFL and NBA are the most popular sports at sportsbooks and draw more bets. Baseball has a loyal following, but no longer commands such high betting volume. Fans of hockey are even more loyal, and their favorite team’s Stanley Cup playoffs draw more wagers than other major sports. If you’re considering sports betting, here are some tips to keep in mind.
Legalized sports betting in many states
After a surprisingly close call in the state Supreme Court in May, New Jersey lawmakers have taken up sports betting in the state again. Now, various state legislators and the Congress are considering the issue. Earlier this year, Senators Chuck Schumer and Orrin Hatch co-introduced a comprehensive sports betting bill. And, in September, the House Judiciary Committee held a formal hearing on the issue. Since then, there has been a flurry of proposals.
Spread betting
Spread betting in sports is a form of wagering where the payout depends on the accuracy of the bet. This type of betting differs from parimutuel and fixed-odds betting, which pay out based on the odds. Here are some of the advantages of spread betting. Here are some tips to help you get started with spread betting in sports. We hope these tips will help you make the most of your sports betting experiences.
Moneyline betting
Moneyline betting on sports is similar to placing a standard bet on a game. With moneyline betting, you’ll pick the winner without regard to the point spread. In soccer, for example, you’ll need to pick a team to win, rather than betting on a point spread. The same holds true for games in boxing and MMA. Moneyline bets are available on many sports, including baseball, basketball, and hockey.
Futures betting
Many people make money in sports by betting on futures. While you can’t predict which team will win the Super Bowl, you can bet on almost every game through the entire season. Even if you don’t have a crystal ball, predicting the winner of the Super Bowl could be a lucrative endeavor. Futures betting on the Super Bowl champion may be the best bet for NFL fans, as every matchup is likely to have a short-term future.
Circled games
A circled game is a game where the bookies have lowered the betting limits, usually because one or more key players are injured. Some sportsbooks may circle a game when the betting public, or “chalk eaters,” bet heavily on the favorite. If you see a circled game in a sports betting line, make sure to research it first and pounce on it when it arises. Moreover, you can wager on this game closer to the game’s start time.
In-play betting
In-play sports betting is a popular choice for bettors who prefer the spontaneity of live sport viewing rather than the traditional pre-game betting. Its key is live odds and a lack of premeditation. Impulsivity, however, may result in a higher risk of losing a bet than if one has done their homework beforehand. Moreover, when one is under emotional stress, most tasks are done in a less efficient manner. This includes poor driving quality and higher incidence of impulse purchases.
