![]() This should be as obvious as the candy bar scenario. ![]() Finally, Sportsbook C has the Twins listed at -120, which means you have to bet $120 to win $100. Sportsbook B has the Twins at -113, which means you only have to bet $113 to win that same $100. Sportsbook A has the Twins moneyline bet at -115, which means you have to bet $115 to win $100. The next step is to look at different sportsbooks to find the best odds. You’ve also decided you want to win $100 on your bet. Let’s say you like the Twins to beat the Indians, so you want to bet them on the moneyline, which means if the Twins win, you win, no matter what the score is. Of course, the candy bar analogy is so simple in everyday life, but let’s show how that might look in the sports betting context. ![]() This requires looking for lines at multiple sportsbooks, which isn’t always an option but has become much easier with the growth of sports betting apps. Well, the same concept applies to sports bets from different sportsbooks. All other things being equal, you’d buy the candy bar from the grocery store. The grocery store across the street sells it for 79 cents. The convenience store a block away sells it for 89 cents. The gas station around the corner sells the candy bar you want for $1. This isn’t a strategy for finding winning bets but rather a way to ensure you get the best price on a bet. There are some relatively simple principles to follow when looking for good bets with that caveat out of the way. ![]()
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