In 2012, more than half of the adult population wagered on the Super Bowl. From sports books to casual office pools, fans bet an estimated $10 billion on this single game. Rapper Birdman placed $5 million on a Patriot win and lost it all. Losses are inevitable in sports betting, but a few tips can make sure you win more often.
Sports analysts spend a lot of time studying the statistics and numbers throughout the season so that they can accurately predict the outcome of future games. The industry’s top experts rarely meet an accuracy rate of more than 50%. Even computer betting systems fall short of perfection. AccuScore, for instance, is the system that powers many prediction forecasts including ESPN, CBS Sports, and Yahoo Sports and it is one of the most accurate with a success rate of about 55%. Expert picks are great guidelines but you shouldn’t rely completely on an educated guess when you make your wagers.
#1: The Underdog May Come Out on Top
Analysts and handicappers examine player abilities, recent game trends, and similar facts to decide which team has the best odds of winning. Other factors, such as the team’s drive or new play developments, affects the outcome of the game as well. It’s not very likely that the lowest ranked team will beat the team in the number one spot, but with a good point spread, underdog bets have great potential.
#2: Parlay Cards Aren’t the Answer
A reputable Sports Book allows players to wager on sporting events, political campaigns, awards shows, and more. There are also a variety of betting options available for each event. Parlay cards are popular with many sports games because of their attractive payouts. With a parlay card, a better can wager on multiple games with a single bet. If all the selections win, the payout is rather impressive. If just one team loses their game, however, the player wins nothing.
#3: Several Bets Are Better than One
It is tempting to put your entire bankroll on a ‘sure thing’, but there are no definite wins in sports betting. The best way to make sure you walk away with a profit is to place several small bets and not one large one. Payouts on smaller bets are less, but the odds of winning continue to improve with each wager.
Whether you’re new to sports betting or a seasoned sports book player, wagering on your favorite events and matches is fun and exciting. If you pay attention to the secrets above, it can also be profitable.