Other Bets Props and Futures Some other fun bets that can be made on basketball include prop bets and futures. How To Bet News. Handicapping Your Basketball Bets When oddsmakers set the lines, they take many factors into consideration. If you have even one loss, you lose the entire bet. On the other hand the Magic must either win outright or lose by 3 or fewer points for a Magic spread bet to payout.
The line is then adjusted by bookmakers to discourage more sharp money from coming in. Second, bookies will often adjust the odds so more money will come in on the popular side. A reverse line movement helps balance out the cash on both sides of the line. Can I take advantage of reverse line movements? A reverse line movement is a single point in what should be a lot of data.
There are a number of problems with using reverse line movements alone to make your decision. You should ask yourself the following questions: Why are sharps betting on the unpopular side? With the adjusted line, is the unpopular side still worth betting on? Am I sure this is a reverse line movement? Where am I getting my data from?
Why would a sportsbook do such a crazy thing? What does the sportsbook or a small number of bettors know that the general public does not? The simplest answer is that a professional bettor, maybe even more than one, bet on the Jazz in this example. They saw something that most bettors did not.
When those professional bettors, also known as sharps, make bets, sportsbooks take note. They need to know who is good enough to consistently take their money and respond accordingly. If a sportsbook respects a sharp bettor enough, they will move the line in that direction because the sportsbook wants to be on the same side as that bettor. This is the sportsbook essentially making its own value bet, thinking the sharp bettor is worth betting with and they will make more money moving the line this way.
This example assumes the line move toward Utah was actually reverse line movement from a sharp bettor. It could have been because of an injury update or weather conditions for an outdoor sport. The movement would also apply to the moneyline for the game because spread and moneyline bets are correlated. The concept works for sports where moneyline is more popular than spread like baseball or soccer. Why reverse line movement matters to bettors This part is easier to explain. How to act on reverse line movement Once you see reverse line movement it might be too late.
The line has to move for the reverse line movement to be apparent, meaning the edge is already smaller after the move is made. Hunting for the old line at other books is the best way to take advantage of reverse line movement. If the sharp bettor had a model that said the Jazz were six or seven points better than the Suns, they might be waiting for the line to move more toward Phoenix before placing their bet.
Once they get a line where their model shows a significant enough difference between its prediction and the spread, the sharp bettor places the bet. Advertisement Is that the bet you want?
Furthermore, most major sports can exceed extremely high scores. With scores potentially escalating this high, it might be wiser to bet on a range of score points as opposed to just one solid, hard outcome. Ultimately though, what you choose to do is ultimately a matter of personal choice and preference. Spread Betting Tips Before you consider placing a spread bet, you should also consider keeping the following three pointers in mind: Understand the rules and parameters around your preferred sportsbook platform.
Review the fine print as carefully as you can. Never wager more than you would be comfortable losing. Currently, 13 states, as well as Washington D. Depending on where you live, you could currently have as little as one option or as many as 20, but that number is only expected to keep growing in the coming months. Ultimately, your best bet for following the best betting options will be following OddsSeeker.
Sports Betting Strategies Want to bet like the best of them? Read these detailed strategies written by expert sports bettors to help you understand the sharpest ways to bet! The most likely reason for reverse line movement is that the unpopular side is drawing a lot of action from sharp bettors. Sharp bettors sharps have long track records of success, and their opinions are respected by sportsbooks. Our Bet Signals at Sports Insights can give you real-time reverse line movement notifications.
Those that do will often move first when they get a big bet from a respected player, and the rest of the books will follow quickly after. At Sports Insights, you can sort reverse line movement only by certain books.
Betting a reverse costs the same as an “if” bet. When making a reverse for $55, you are basically making two bets so it ends up costing the same $ Let’s look at the different . Reverse bets are if bets that work in all possible directions. They are essentially a combination of each of the possible if bets on any given number of selections, and as such they eliminate the . Jul 05, · This means that the underdog must win outright or lose by exactly one point to cover the spread. Alternatively, a + spread means that the favorite must win by two points, Missing: reverse.