Online Sportsbooks may be popular but that does not mean that everybody knows about their ins and outs. Fact of the matter is, there are secrets that only a few people know about. Just like any other type of industry, the world of online betting has a lot of secrets that hard core followers have been utilizing for ages but newbie are usually unaware of. Considering the fact that professional sports bettors make a living out of betting, knowing the secrets can be worth it as it will help a lot in winning and losing. Below are 3 secrets that every bettor should know about.
Number 1 Secret
Stay Away from Teasers and Parlays
The first among the many secrets in the world of online sportsbooks are parlays and teasers. The name speaks for itself as it should give any bettor an idea about what it is all about. What newbies need to know about these bets is that they belong to the type of bets which are basically disadvantageous for bettors and advantageous to sportsbooks. Payouts of parlays and teasers may seem to be very attractive but the truth of the matter is that the bettor will earn better in straight up games.
To have a better idea of this secret, take this link sbobet example: if you bet on a parlay of three teams where you put down $20 and it pays 6:1, winning on all three means you get to have $120. However, winning all three can happen one out of six. Most bettors usually go for a 3-0 for more or less 11 times. With this kind of play, you are already on the losing end whether you are placing your bet at an online sportsbook or any corner bookies.
Another reason as to why online sportsbook operators benefit out of parlays is that any bettor can have a winning record and still lose and vice versa. In short, teasers and parlays are a big no-no for someone who wants to make money on sports betting.
Number 2 Secret
Majority does not always win
Whether you are placing your bets in an online sportsbook or with local bookies, remember that 80% of the bettors on a certain team do not necessarily bet on that team. Stay away from it if you can. For easy games where a lock is sure to happen, bettors usually practice this. If a game looks very easy, people who do not usually bet on sports go out of their way in betting at the sure winner as they think it is easy money and this is how sportsbooks make money while about 97% of bettors lose money.
Number 3 Secret
Knowledge in sports does not guarantee success
A lot of people who are into sports give online sportsbooks a shot as they think they’d be instantly successful as they know how a certain sport works. This is a misconception as a lot of people who start this way end up disappointed in the end. Sports fans think they understand every nook and cranny of their sports and they assume that they can exploit the betting game. You may know who plays good and who does not but you cannot tell how the team will perform after playing back to back every single night. Sports knowledge is the reason some bettors listen to sports analysts but it does not guarantee success. It may help you with overtime but relying solely on it is not a good idea at all.