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8 Things to Know Before You Start Betting On Sports Online

So, you want to start sports betting online. You’ve talked to your friends, you’ve heard success stories, you’ve seen movies about it – now you want to get involved. While there are a few steps involved in the process to getting started, there are also some very important things you should know. For this reason, I’ve put together eight things that I believe every person (male or female) should know before attempting to place a bet on their favorite team.

Knowing Your Numbers is Key.

Never (EVER) walk into the gambling ring without knowing your value. What are you willing to spend throughout the season? This is known as your bankroll. You should carefully divide your bankroll throughout the season, putting aside your earnings rather than placing them on other bets. This is how gamblers win their money back, while having fun in the process. You might even make a profit. Remember, though, that you should never bet what you aren’t prepared to lose. Betting can quickly turn nasty when livelihoods are put on the line.

You Can (And Will) Get Screwed

If you aren’t careful about finding the right sports book, you can (and will) get screwed by a con artist. You should be especially careful if betting on sports online is illegal in your state. Not only could your profit be taken away, but you could face legal trouble if you attempt to kick up drama. Know the rules before you go in – and always work with a reputable dealer.

Bad Vices Make For Bad Bets

You should avoid drinking, smoking, or getting high when making bets. I’ve always said that bad vices make for bad bets, and it’s the truth. When you aren’t thinking clearly, you aren’t betting clearly. You should always place your bets when sober. Otherwise, you run the risk of losing far more money than you planned.

Ignore Sportscasters

If you hear a sportscaster giving betting advice on ESPN, turn off the television or invest in ear plugs. The vast majority of sportscasters are simply reading a teleprompter and making their own conclusions from what they’ve read. You don’t want to follow their advice. Honestly, you don’t want to follow advice from anyone. Do your own research and make your own bets. This way, you can be held accountable for your choices.

Not All Sports Books Are Equal

While it might be tempting to sign onto the first sports book you come across, you’ll want to take a few days (or weeks) to shop around. There will likely be reviews of each sports book, along with different rules and lines. More often than not, each state has two or three reputable sports books available that the vast majority of gamblers use. It might seem unique to choose a “different” website like https://betvoyager.com/game/play-online-roulette-for-free/, but you don’t want to make this mistake There’s a reason why gamblers flock to the same place. Certain sports books offer a better experience than others.

You Can Be Turned Away

That’s right. If you win more often than you should, sports books can deny you the ability to place a bet. Books want gamblers to win approximately 50% of the time. This allows them to collect money for themselves the other 50% of the time. Throw off this balance by winning too often, and you might be asked to find a new sports book. It might seem unfair but, when placed in this situation, your best option is to quietly find another sports book. Attempting to fight the ruling can be risky, rather than rewarding.

Bet Types Differ

Yes, there are different types of bets when it comes to betting on sports online. These bets include money line bets, where the bet is placed on which team will win the game. Money line bets are popular for hockey and baseball. However, you can place a money line bet on football, basketball, and several other sports. There are also point spread bets. These bets were invented by a man named Charles K. McNeil, a math professor from Chicago. In a point spread bet, the wager is placed again on the winning team. However, at the end of the game, a handicap is added. If that handicap changes the winner of the game, the sports book honors that call. The final type of bet is known as over/under. This bet is also known as “totals betting” and is based on the number of points scored by both teams.

It Isn’t Legal Everywhere

When it comes to betting on sports online, there are gray lines all over the country. Some states allow sports betting. Other states do not. Knowing whether or not the state you live in allows sports betting online is sometimes more difficult than it might appear. Laws are constantly changing – and more than one unsuspecting bidder has been arrested for something they believed was legal. Your best bet is to ask an attorney about your options. If online sports betting is illegal in your state, consider finding a local bookie or visiting Las Vegas (the only surefire place in America to place a legal sports bet). These are just a few things you should know before you start sports betting online. The more research you do beforehand, the better off you’ll be. Good luck!


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