Sports betting is a polarizing topic for some. While there is a popular concept of betting on games as icky and a potential path toward financial hard times, it is a multi-billion dollar business that millions participate in every day. Someone is making money off this. Whether we are talking about London, Las Vegas or Macau, people are betting on sports all the time. And though the bookmakers make out the best, there are smart, disciplined people that can control it as a hobby or even make a living as sports bettors.
Currently one the top betting guide online is Bet-on-football.co.uk, which provide a wealth of information and services for the discerning sports bettor.
Betting on Football
The most popular sport in the world is full of spectacular plays, great athletes and amazing drama. But lots of people want more. They want to be able to put money on soccer games to add to the excitement. The most common way to bet is on the 3-way moneyline. You are wagering on the winner, the loser or a tie. And you are betting with no spread.
For example: Team A -130, Team B +120, draw +250. If you bet on Team A, you need to bet 130 dollars or euros in order to collect 100 back. If you go with Team B, you need would win 120 if you bet 100. And a draw would net you a nice bit of change.
The moneyline is used in soccer because it is rather pointless to use a spread format.
Betting on American Football
American football is not for the weak or the faint of heart. Last minute score changes can result in bad beats that leave you out in the cold faster than you could ever imagine. You can either bet on teams with the spread or you can bet on the over/under. The spread evens out the odds for the bookmaker. Let’s say that you are going to watch the Dolphins against the Bears on Sunday night. If Las Vegas likes the Dolphins, they are going to say that the Dolphins are -7 against the Bears. That means they are favored by a touchdown. So if you think the Dolphins will cover the spread, you can drop $100 on the Dolphins and pray that they win by more than a touchdown.
The over/under is a little different. If the over/under for the Dolphins vs. Bears game is 45.5 total points, you can either bet that both teams will score 46 or more points combined, or 45 or less points combined.
Betting on Basketball
Wagering on basketball is similar to football in many ways. The point spread and over/unders factor heavily in betting on basketball games. If the Lakers are favored by 8 points over the Spurs, they need to win by 9 points or more in order for Lakers bets to pay off. See, it is simple. Just like football.
Betting on sports is a great pastime for many throughout the world. Just make sure to approach it carefully.