The Internet offers you a choice of hundreds of established online casinos and sports betting portals that offer superb features and great bonuses. Since they have a lower overhead than a traditional brick and mortar gambling operation, online gambling destinations can be very liberal when it comes to a signup bonus and ongoing promotions. Online sports betting destinations are online 24 hours a day and just a click away.
The options available through Internet sports betting sites are numerous and varied. Equipped with the right information, you can enjoy a plethora of betting options. Much like the stock market, knowing when to bet a moving line can be the key to success. Most online sportsbooks are simply followers of other lines. Paying attention to line moves is vital to winning long-term. Thanks to the Internet, it’s now possible to watch line moves from the comfort of your favorite chair.
The Internet today, provides a number of quality sports betting online services. Not only do sports betting portals offer terrific betting odds for a number of games like horse racing, baseball, football, basketball, auto racing, golf, hockey, and tennis, some of them also give you free cash. The good sports books will give you a signup bonus and bonuses for re-depositing.
Some frequently used sports betting terms:
Arbitrage: Betting the same event at separate sports books in order to lock in a profit by taking advantage of different betting lines.
Bankroll: Total capital available for betting sports.
Bookmaker (or bookie): A person who accepts bets.
Chalk: A favorite (usually, a heavy favorite).
Circled game: A game in which the sports book has reduced its betting limits, usually because of weather or the uncertain status of injured players.
Futures: A type of wager involving the outcome of a season or how a particular team or player will perform over the course of a season.
Hook: A half-point in the betting spread.
Line (sports betting lines): The point spread or odds on a game or event.
Lock: A bet that cannot lose; a term that is often misused and abused by disreputable touts.
Match-up proposition: A betting option that pits two players against one another in a contest or event, often used in golf and auto racing wagering.
Nickel: $500.
Parlay: A bet in which two or more events must happen in order to win; if any one of them does not happen, the wager loses.
Point spread: The number of points added to or subtracted from a team’s actual score for betting purposes.
Sportsbook: The part of the casino that accepts bets on athletic contests.
Vigorish (or vig): The commission charged by a bookmaker.
Quick Sports Betting Tips & Strategies
- Make each bet a small percentage of your overall bankroll. For example, if you had a $1,000 bankroll and wanted to make each bet 1% of that, your average bet would be $10. As you win, you bet amount goes up.
- Don’t chase losers. Keep your bets solid and follow your defined sports betting parameters. Just because you lose three bets in a row does not mean you will win any time soon. If you don’t pick winners well, this could go on for some time. Keep to your guns.
- Straight bets are better than parlays. Sure, parlay bets offer the chance to win a lot of money for a small bet, but straight bets will be your consistent winner over time. Everyone plays parlays, but don’t make them the focus of your sports betting activity.
- In horse racing, don’t bet a horse to just show. If you think the horse is good enough to be a front-runner, bet the horse to win, place and show. If the horse is not good enough for this type of bet, in your opinion, the horse is not worth laying any money on to begin with.
These are four solid sports betting tips and strategies to make you a much better sports bettor. Your next move is to head over to your favorite sportsbook and put these sports betting tips and strategies into practice.