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.
Here is a look at the downside and what bettors should focus their energy on instead. What is the betting consensus? The betting consensus is a breakdown of all the bets on an event expressed in a percentage form to show which team has more action.
Bettors will often look for large splits in the consensus and fade the higher percentage believing that the majority of bettors will be wrong in their prediction. Why is it popular? As the reach of sports betting increases into mainstream media, betting consensus numbers are becoming more popular than ever. Many bettors believe that the bookmaker never loses, and the appeal of being able to side with bookmakers on a decision instils many with confidence in their bets.
The willingness of an audience to latch on to these percentages has made consensus percentages a staple talking point across all content levels. What is the downside? Whoever has the most information has the biggest advantage. Studying betting consensus numbers is empty work. Even if the consensus numbers are accurate, none of the effort put in to decipher them can be carried over to the next day.
Consensus numbers apply only to present events and are not predictive in any way. Misaligned intent Bettors like consensus numbers because they believe it aligns their need to win with the bookmaker. The problem is that no consensus percentage will express the true need of a bookmaker and seldom will it reflect the financial decision that matters to them.
What can sports bettors learn from economic bubbles? Many bettors will blindly oppose any large consensus percentage and believe their contrarian approach is due to pay off long term. The big problem here is that the betting population which makes up the percentage is completely unknown. Every game has its rules, and those rules form a system that smart players know to manipulate.
Double chance in betting is a perfectly legal manipulation, making it a critical part of advance betting strategy. This article gives you a tutorial on the tactic, and explains the math that will help you determine when you should enjoy its application. Home trader set-up To bet at peak efficiency, you need to be set up for success. In the aftermath of its posting, we got a number of followers sharing pictures of their set-ups on twitter. How to calculated Draw No Bet from 1X2 odds The mathematical elements of sports betting are clear, and understanding how to apply them is essential.
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