 |
 | |
  | ||
 |
 |
 |
| ||
| |||||||||||
 | |||||||||||
| |||||||||||
 | |
Know Your Lines and Beat ThemLinemakers are professionals who use research and combined hundreds of years of personal experience to create the best lines with the smallest margin of error. Their goal is not to predict the winner. Their goal is to to make a betting line for each sporting event that creates the appearance of fairness and encourages the same number of people to bet for each possible outcome. For example point spreads do not represent the experts prediction of the margin of victory. The expert linesmakers want to create a point spread that encourages fans of both teams to think they have a winning chance and thus evenly split the amount of money wagered for each team. This is known as dividing the action. This ensures the gambling establishments do not go bankrupt and consistently make profits. Because by dividing the action they still make the profit of their the fee charged to the bettor which can be around 5-10% of the amount bet. On the street this fee is referred to as the vig.Lines Will Change As sportsbooks monitor the betting, they may see uneven wagering. To protect themselves they will change the line to encourage more wagering on the other outcome thus ensuring the "divided action". Undivided action can be due to people betting on sentimental favorites or newspaper headlines swaying people. This is prime time for you to take adavtange of situations. Opportunities Are Everywhere Simply by knowing that the betting lines are not predictions of who is going to win but instead a tool to divide the public wagering between two outcomes places you ahead of the pack. To make money simply look for times when the betting lines are swayed and your research tells you that people are not betting smartly. These opportunities will help you make a ton of money when people bet based on fan favorites or being upset about someone behaving badly in the newspaper. | |