Summary:
An online betting guide that is a quality introduction into how to sports bet, where to find good lines, and how to become a more successful sports gambler.

Details or Sample:
The online betting world will see billions of dollars every year in bets. Online sports betting can be very exciting, but there have also been a lot of problems with rumors and law changes and a lot of general confusion. Many first time bettors also didn’t realize there were so many types of bets or places to go place a bet. This guide will help bring you through all the basics so that you can feel confident about your online betting.

The first thing you will need to do is find an online sports book, or books, that you can trust. Many sports bettors will have accounts at two or three sports books, because the “lines” aren’t always the same from book to book. First we’ll discuss some of the best sports books online, which will then lead into the basic jargon you will need to know in order to effectively bet online.

Sports books:

These aren’t the end all, be all, but these are several of the best books out there. Always check to see if one you are looking at is on an online scam list, or if they are graded out well. Here is a short list that should be more than enough variety for anything you need:

“BetJamaica”—This book is very high rating by several sports book judges. Great bonuses, good lines that follow the industry’s standards, and they have an ATM card set up for American players that connects to their online account, so they can withdraw winnings from their account whenever they want.

“5Dimes”—This book is another extremely popular one, with average to good lines. A British company, its interface is much simpler than say WSEX, which is dependable but can be a little confusing when setting bets.

“Pinnacle Sports”—Several of my buddy bettors agree on this: that Pinnacle Sports is hands down the best overall sports book. They are dependable, and consistently have some of the lowest (read “pro-bettor”) lines of any online sports books. The downside is they no longer serve U.S. bettors, at least until all the recent laws passed are figured out. In addition to this, they will often put out lines a full two weeks ahead of time, allowing smart bettors to really take advantage of what they see before everyone else figures it out, too. If this is an option for you, it’s worth checking out.

“Bodog Life”—Once known as just Bodog. This book has fantastic customer service, though one of its best features is that while most books require a minimum $5 bet, they allow $1 bets—not a bad way to try out a few big time parlays if you’re eyeing one you like, but don’t want to open the wallet for it.

“WSEX”—A British Company, even publicly traded. One of the oldest continuous sports books in the world, so the stability and reliability is definitely there. The screens for placing bets can be a little confusing, however.

Gambling Lingo:

Now that you have your choice of books to choose from, here comes the next part: the lingo. A lot of terms get thrown around pretty liberally, so it’s important to know what people are talking about. For example, can you understand the following sentence:

“Yeah, I liked the Pats on the over, but book moved the juice from 110 to 145 which kills the straight bet, but they’re still hot for a parlay, get it now before the numbers move on the spread.”

If you can, you’ve got a good start. If not, don’t worry, that’s what this next section is for. You’ll sound like a Vegas wheeler and dealer in no time!

Action: Any wager; some sports books have specific definitions for action, so check closely (i.e. amount wagered vs. amount set to win)

Back Door Cover: Usually said with cheers, it’s when a team is thoroughly beat, but scores some late cheap scores to just cover the spread. Example: “I thought I was beat, when Iowa State was down by 28, but they a TD with two seconds left to back door cover the 21 ½ point spread.”

Bankroll: The total amount of money you have that you’re gambling with.

Buck: $100 wager.

Cover: When a team beats the point spread, also referred to as “the spread.”

Even Money: When there’s no juice, meaning that $1 bet = $1 won, no matter which side or team you bet on.

Favorite: The team or contestant in any given contest that is considered to have the best chance to win the contest. The favorite will either give points away on a point spread, or will be on the negative side of juice.

Juice: The book’s commission. This ensures that even if all the total betting ends up even (half win, half lose) that the book still makes a little bit of money. The lower the juice, the better it is for the bettors.

Laying Down Points: Taking the favorite in a point spread, meaning the team not only has to win, but has to win by more than the amount given in the point spread.

Money Line: Often referred to simply as “lines,” and sometimes is the same thing as the juice. One of the most common money lines when there’s a point spread is -110, which means you have to bet $110 to win $100.

Purchase this content for your website...

Pricing:

Make an offer

Usage:

$35

[Add to Cart]

Unique:

$55

[Add to Cart]

Full Rights:

$85

[Add to Cart]

Downloads: 0
Written by: Shane Dayton
Available File Types:Text
Words: 2770