The number one rule of strategic betting is
to expand your handicapping techniques. Traditional and commonplace
like those used by the general public will fail long term. Overfocusing
on factors such as injuries, coaches, weather, and short term
etc. will also fail you in the long run. Newspaper headlines and
obvious team stats are easily accessible. But they are often
traps. Although this information is often difficult to ignore.
Learning to be able to filter the relevant info is critical
to being successful.
Which factors or handicapping tools are successful
long term? The professionals use handicapping models like those
provided on the FoxSheets; Situational systems, computer formulated
projections, sophisticated team trends, etc. This type of information
is generally not available to the betting public. These handicapping
methods naturally endure streaks, but in general,
their performance stand the test of time. The FoxSheets list
past performance records of the trends and systems in each
of the reports.
In addition to having valuable information
at your disposal, it is also important to know what types of
wagers to make. Overall, parlays are difficult to win
and the odds are not equal to the risk. Parlays are often thought
of as 'fun bets'. Likewise for proposition bets, a popular
Super Bowl type pastime. The problem with props is that most
people are not prepared to determine the line value. Successful
bettors stick to the standard ATS, Totals, and Money Line wagers. Money
lines can be very valuable for low spread games and potential
upsets. Make sure not to ignore the underused first half and teaser
lines as well. These bets gain their value in that most
people don't have access to the information needed to help
them succeed. The FoxSheets are the only online resource
providing this sophisticated information to the betting public.
Keep your wagering options open, it will give you the best
chance of recognizing potential line errors.
Finally, get the best line available. Having
multiple sources available to place wagers is a must. Lines
can easily vary two or three points for a particular
game. A professional realizes these extra points make the difference
between a winning or losing week, month, or season. If you've
put the time and effort into making your game selections, never
let a slight line movement influence your wager. Stick to your
guns, and make sure to shop around for the best line value.
It'll pay off in the long run.
Types of Wagers
There are a number of different ways to wager on a game or event. The most
popular is the straight bet or play. This is a bet placed on either team;
you either lay the points on the favorite or take the points on the underdog.
The other straight wager is on the over or the under of the total points
in a game. The total is the number of points scored by both teams at the
end of the game, including any overtime periods. You may bet on the Total
to exceed (go over) the Total points. The Lay (bet) in a straight bet is
10% more than the Get (win).
A money line wager is one that involves simply winning the game outright.
No points, runs, or goals are involved. The team that the wager is placed on
must only win the game. This type of wager can have varying lays and gets due
to the fact that one team is rated stronger than the other.
In a parlay, two or more teams are tied together as a single wager. Each team
must win its game (against the point spread, total or money line) for the
parlay to win. In the event of a tie, cancellation or suspension, the parlay
is reduced to the next lowest number. In the event of a winner and a tie
on a 2-team parlay, the winner part typically becomes a straight wager at
a rate of 10/9.
A teaser is a wager with at least two teams tied together into one wager. The
standard number of points in a football teaser is six (6). Points are then
either added to an underdog or subtracted from the favorite. If using the Total
(over/under) then the points are added to the under or subtracted from the
over. You can buy up to two points in a teaser with the lay increasing 10%
for each* point that is added to your wager. Teaser payoffs are less than Parlays
due to the additional points that are involved. In Basketball, the common teaser
is four (4) points; otherwise the teaser rules are the same; unless there is
a promotion for the NCAA tournament.
The halftime wager is placed on either the 1st half of a contest or the 2nd
half of a contest. Each half is considered its own game. You can only place
straight wagers on 1st halves or 2nd halves. Parlays or teasers are not allowed
with half time wagering. A wager that is placed on the second half of a game
includes all overtime periods.
A future is a wager that is placed on an outcome of a sporting event that is
not played on the day of the wager. Some examples of these are: teams to win
their respective Divisions, World Championships, or a certain player to win
a tournament they will be participating in, or a horse that will run in a race
later that year. The odds on future bets are fixed on the day the wager is
This refers to the point of adding or subtracting points relative to the point
spread. The point spread is bought up or down. For each half point bought,
the lay increases by 10%. A buy is not allowed on any circled game. For example:
the Green Bay Packers are favored over the Dallas Cowboys by 4* points. The
client may then buy a half point on the Packers reducing the spread to-3.5,
but increasing his lay by an extra 10%. If $100.00 were wagered, his lay would
go from 110/100 to 120/100. This is true in all buys except when buying points
up or down on the number three (-3) in NFL football.
A reverse bet, simply stated, is a double if bet. You select two sides or totals
and have team 1-if team-2 and also team-2 if team-1.
Betting on Baseball
In baseball, the common method of wagering is a Money Line. In this case, the
Odds maker establishes the odds on one teams chance of winning the game
over another team in terms of a Money Differential. Here, the bettor must lay
more money on the favorite or he gets a money advantage for playing the underdog.
.If the Atlanta Braves are playing New York Mets, the odds
maker may determine that Atlanta should be favored. To wager on the Braves,
you will have to lay $1.30 to earn $1.00. On the other hand, if you wager on
the Mets, you would win $1.20 for every $1.00 wagered. Baseball can also be
wagered on a run line. Here the odds maker sets the number of runs a team must
win by or the number they may lose by. Along with the run line, a Money line
will be attached.
Total wagers can also be bet on in baseball.
Totals in baseball can come in three different types; Flat,
over or under. When an odds maker puts strength on the total
runs, he feels that the score will lean towards the strength.
This is indicated by an o or u attached to the number of runs.
If a run total had a 6u-120 the odds maker feels that it is
a stronger play to bet the under, so you would have to lay
$1.20 to win $1.00. If the said number were flat, then the
price would be 110 either way. If you went opposite the strength,
i.e. over 6u then the bet would be even money (100/100).
Betting on Hockey
In hockey, there are two lines, the American and the Canadian lines. The American
is a split line with the underdog receiving a half goal (puck) less than what
you would have to give (lay) on the favorite. With the Canadian line, the goal
(puck) is the same for either team, however there is a money line associated
with it. An Example of the American line would be the Bruins* -1 over the Oilers
this means you get plus (+) a half a goal with the bruins but you give up a
goal (-1) with the Bruins. An Example of the Canadian line would be the Bruins-*
-1.40. Here the Bruins would cost you $1.40 to win $1.00. The Bruins must also
win by 1 goal. Their opponent would be set at 30 cents or more under the favored
Bruins and be expresses by +* +1.10. Here you would be paid $1.10 for every
$1.00 wagered if the Bruins opponent does not lose by 1 goal.