A Quick Introduction to Sports Betting for Beginners
The only thing better than watching the big game with friends is having a little skin in the game. Sports betting has always been a part of the action for a long time, but now it’s easier than ever to get in on the action.
In fact, in 2019, 84% of the $4.6 billion in bets in New Jersey alone occurred through online betting. So, you want a piece of that action, but you don’t know where to start. Don’t worry because we’ve got you covered.
Keep reading for a quick guide to the world of online gambling and sports betting for beginners.
Sports Betting 101
The easiest place to begin is where most people wager in the United States. Football betting is a good way to understand how sportsbooks work, and they are a simple way to bet online.
There are many numbers to understand when you look at a football matchup with an online gambling site. So, let’s begin with the basics. What are the odds all about beside each team’s name?
Let’s say you see a game between New York and Denver, and next to New York, you see the number -3.5. Below that line, Denver has +3.5 beside it. This means the oddsmakers have made New York a 3.5 point favorite on this game, and at the same time, Denver is the underdog.
If you like New York for this game, it means your wager will win if your team wins by 4 points or more. However, if you take Denver and the points, they can still lose the game by 3 points or less for you to collect on the bet.
So, a minus beside a number always represents the favorite, and the plus sign shows the underdog. But still, there are other ways to bet online for the same game. With the money line, you must choose which team will win no matter what the score.
Once you get comfortable with online bets for winners and losers, you also have other choices. For example, you’re not sure who will win, but you know it will be a high-scoring affair. So the over/under bet allows you to wager on the total score.
Taking the same teams as before, let’s say the number has been set at 42.5. This means the combined scores of both teams must exceed 43 to win an over bet online. So if the final is Denver 28 and New York 15, you’re a winner.
Ease into the Action
Starting slow is a better way to enjoy sports betting for the first time. Then, as you become more familiar with the terms of online gambling, you can try other ways to bet online. Almost every sport known has an odds line attached to it.
Football betting is popular because of the regular scheduling of games. And, every sportsbook has odds on a variety of bets for every football game. So have fun getting into the action.
And if you enjoyed this article, come back for some more informative pieces.