When betting on sports that do not usually offer a point spread, one of the most fundamental and common occurrences is what is known as a money line bet. Boxing is a good example of a sport that does not offer point spread betting. You pick the winner and there is nothing more that you can bet on. Baseball is another sport that uses money line betting 사설토토, although baseball does also have a point spread betting system. This type of betting is much less stressful and much easier to understand if you are a beginner. So what is the money line and how does it work?
In the above example, the Yankees are the team favored to win the baseball game. The negative sign next to the Yankees is your indication of the favorite. The Red Sox are the underdogs. The plus sign in front of their name tells you so. Since the Yankees are a large favorite to win this game, a sports bettor has to wager $150 to win $100. Similarly, since the Red Sox are such large underdogs, sports books will pay a sports bettor $130 for every $100 wager. If you placed a bet on either team in this instance, you just bet the money line. You are placing a bet to win straight up.
These types of bets are popular because there are no points involved. If your team wins the game, you win the money line bet. It does not get any simpler than that. The larger the favorite, the more cash you will have to risk just to win $100. The bigger the underdog, the more risk you take and the more the sports books will pay you for betting $100. In boxing, it is more realistic to see larger favorites and heavier underdogs. When James (Buster) Douglas knocked out Mike Tyson in 1990, a $1500 money line bet on Douglas would have won you $57, 000 (and it did, to one very lucky and very opportunistic bettor).
Money line betting is not the only betting option in sports but it is the easiest for the beginner to understand and the easiest to place. Be careful though, as sports books will charge you heavy juice, or vigorish, for heavy favorites. Public perception is what sets the lines, not the potential outcomes of games. Blindly picking the favorites because they should win will bankrupt you very fast — and the sports books of the world know this all too well.
They are masters in exploiting that fact and that is why they remain highly profitable businesses. If you are new to the sports betting world, money line bets are a great place to get started while you learn how other types of wagers work. It requires little knowledge of betting in general and will keep you entertained while you learn the rest of the basics. Having a solid understanding of money lines and how they are calculated will give you an advantage when deciding where your bet should be placed.
Let’s face the facts. The overwhelming majority of sports bettors lose over the long term than win. The industry was designed this way. This does not mean that everyone loses-plenty of people make a living doing so. The long term winners won’t be found congregating in the popular sports betting forums, and you shouldn’t either.
The first problem with sports betting forums is the sheer number of square bettors that linger there for companionship. Trying to learn how to become a smart (or sharp) sports bettor is a daunting enough task as it is. Trying to learn how to become sharp in an internet betting forum is near impossible with all of the squares commiserating over their 13 team parlay just missing. I am not exaggerating when i tell you that a 13 team parlay in a sports forum on the internet is a rule, not an exception. Hopefully, I don’t have to suggest that you never, ever play a 13 team parlay.
The next problem is the many distractions that take place in a sports betting forum. The ‘babe of the week’ post, the ‘I love to pick my nose’ post, and all of the other circus sideshow nonsense that will distract you from your goal (profit). It is easy to start mingling with the squares and becoming internet pals with these folks, but I advise you not to do so. Soon you’ll start thinking like them and acting like them. This is not to say that the people that hang out in the sports betting forums aren’t nice folks, but they don’t win long term. I’ve spoken to and befriended enough of them in my day to know this for a fact, for better or for worse.
The most important reason to stay out of sports forums on the internet is your time is much too valuable to waste. The time you spend in a sports betting forum looking for the perfect betting system or the best handicapper keeps you from doing the research for yourself. Thinking you can simply outsource sports betting research by finding the hot handicapper is a losing proposition-this I guarantee. Doing your own research and coming to your own conclusions is the only way to get a clear understanding of the intricacies of sports betting numbers.
I can’t reiterate enough that aside from pure entertainment, betting forums should be avoided. There isn’t enough valuable betting information for longevity in the betting industry. They can be lots of fun, and there are certainly some characters that will make you laugh, but professionals can be found elsewhere. If you are new to the industry, look for the professionals. They can be found at sports books in Las vegas. Ask and look around. Where there is one, there are others. The pro’s like to hang out with other pro’s. Winners hand out with other winners. Winners create sports betting systems through proper research and common sense. Find out who and where those people are and make friends.