Does You Earn The Most Money In Football Or Basketball Make Money Making Sports Bets

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Make Money Making Sports Bets

We’ve all heard of the guy who bet on the underdog team in the Superbowl and walked away with thousands of dollars, or the friend of a friend who can hook you up in a Filipino cockfight next weekend.

If you’re a sports fan, it’s a pretty safe assumption to say that you know that betting, both legal and illegal, takes place on practically every professional sport and many college sports.

Just placing a bet can be a confusing affair — sports books have their own lingo and systems vary. Figuring out how to bet enough to make some money is another matter entirely. How are odds determined? Who decides the line? What percentage of time do you need to win to break even?

In this article I will introduce you to the lingo of the world of betting and odds making and show you how one of the world’s favorite pastimes can make you a lot of money if you know what you are doing.

Sports Betting Basics

Different sports have different systems for oddsmaking and betting. There are also different systems for the same game, depending on the type of game a bettor wants to play. But to understand any of these systems, we first need to understand the jargon.

Action – Action is simply betting activity. Phrases such as “I want access to the action” or “Show me where the action is” come from this word. As betting on sports is illegal in many places, you cannot find your local bookie in the phone book.

Handicap – In sports betting, “to handicap” is to give a team a points advantage to equalize the betting field.

Sportsbook – An establishment that takes bets, also known as a book. A person who takes bets is a bookie.

Juice – This is the percentage of all bets the bookie takes as profit. This juice is also known as wig, short for vigor. Sometimes the bettor takes a straight percentage of the handle, but more often the wig is the odds

Handle – The handle is the total amount placed on the bets. Super Bowl betting creates the biggest handle of the year for most bookies.

Spread – The point spread is used in high-scoring sports such as football and basketball. It is basically a handicap that is used to make all sports competitive in the eyes of the bettors. A team gains some points due to the spread. The standard notation for point spreads shows the favored team first, followed by a negative number (the actual spread). The home team is shown in capital letters.

You can bet on football, soccer, baseball, basketball…any sporting event on the planet and if you do it right, you can make a lot of money out of it. If you’ve ever wanted to bet yourself, but weren’t really sure if it was worth the risk, you’ve come to the right place. Gambling definitely means someone must win and someone must lose. If you find a way to tip the balance and be on the winning side with almost every bet you place.

Sports betting systems are proven ways to increase your chances of winning when betting on sports. Professional bettors and handicappers have designed these systems to allow us amateur bettors to learn the inside tricks and trades they use to become so successful in sports betting.

A sports betting system refers to a set of events that, when combined for a specific game, represent a profitable betting situation. Since sports betting involves humans, the house or gamble has no deterministic edge. The system allows you to have an edge on gambling.

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