The Importance of Getting the Best Sports Betting Odds

The odds or point spread is nothing more than someone’s opinion.

Although the point spread is often influenced by power rankings, it’s still only an opinion with the main goal of making both teams to bet on as appealing to the betting public. On account of this, a number of sports books begin with varying starting lines.  The action at certain sports books influences the direction the line moves.  Because the point spreads that each book offers is influenced by their opinion and their clientele, it is extremely important that you shop around for the best lines and odds.

 Gambling with sports could be a tough job as it is, hence any profit you make should be encouraging. This aside, it is imperative that you have many sports betting accounts in many different online sports sites.

I am sure you understand the difference between a line of 3 or 3.5,but if you don’t here is a quick explanation. On famous sports such as basketball & football odd makers assign a number of points on favorite team. Suppose the numbers we use are 3 or 3.5 from above this would mean that if you choose the favorite for that game they would have to win by 3 points or 3.5 Although it doesn’t seem like a lot there are many games that are decided by 3 points (for football in particular). If you bet on the favored team to win by 3 points, and they did win with exactly 3 points, this is a tie and you get your money returned to you. No harm no foul, but if you had the same team at minus 3.5, then you would actually lose that bet.

 This could happen to you several times during a season which could be the difference of winning or losing several hundred or even thousands of dollars. Like most, I have been on the losing end of a bet by a half point and it doesn’t feel good.  Since sports investing is all about looking for the best value, it is important to shop for the best line.

For sports like Baseball, Hockey and Tennis where they use the money line, not having the best odds can be the difference between having a losing season or a winning season. Let’s look at this example below.

New York Mets -130       Pinnacle

New York Mets -135       Bet365

New York Mets -145       Bookmaker

What this means is that the Mets are the favorite. At Pinnacle you would have to bet $130 to win $100, at Bet365 it would be $135 and at Bookmaker $145 to win that same $100. It should be clear that this $15 swing per each hundred can add up to several thousands of dollars during a season and year.

For a review of some top online sports books you can visit here:

 

If you want to learn more you can grab a copy of my FREE ebook “Sports Investing Secrets – How to Turn $1,000 into $1,024,000 in Less Than 5 Years Betting on Sports” at my website: http://1stopsportsinvestors.com/

You can also check out my website where I review the most profitable sports betting systems that I personally use day in and day out: http://www.1stopsportsinvestors.com/sports-system-reviews.php