How to Make Money in Pro Sports Betting
Making money from bets offered by sportsbooks, using even the most minimal betting advantageis one of the hallmarks of being a Pro bettor. To become a profitable sports bettor, you mustknow where to find advantages or opportunities where the line a bookmaker offers is vulnerable.To the untrained eye, sports betting looks easy, especially when they’re not watching becausethey’ve staked money. Truth is, when it comes to pro sports betting, after you’ve accounted forthe “vig” or ”juice”, you must also hit at least 52.4% of your bets to break even. Even the mostsuccessful bettors get less than 60% of their bets correct.Sports betting is a game of chance and while there’s no specific way you’ll wager to guaranteethat you win every time, there are things you could do to ensure that you win more than you lose.This infographic in its entirety, explains different strategies you could employ to increase yourodds of making money in pro sports betting. What is Sports Betting?Sports betting is a type of gambling on games or events, by placing a bet on the outcome of amatch. What Types Of Sports Betting Are There?When betting on sports, there are different types of sports bet you need to understand as youwould be using them when making your wagers. We have explained each of them below.Straight BetsStraight bets is a betting line set, known as point spread, and you are required to either bet on thefavorites and give up points or back the underdog and get the points.Total Line betsIn Total Line bets, a number is set for the combined final score of two teams in a match and youbet on what you think the exact score will be staying ”under” that total or going ”over” the setnumber.Money Line Bets Making a money line bet means you are picking a team to secure a straight-up win, without anypoint spread.Parlay BetsA parlay is when you group two or more picks into a single bet.Teaser BetsIn teaser bets, you’re still putting two or more picks together in a single bet, but you can tweakthe points spreads in your favor for a lower overall payout.Head-to-Head BetsA head-to-head bet on the results between only two competitors is a common way to wager onNASCAR and professional golf events. Whoever finishes a race or tournament in a higherposition than their opponent will win.Most times, a money line is attached to each competitor to handicap the match. Head-to-head isused to pick a sole winner in sports that take place in a large field and has many competitorsplaying at once for the same prize. General Sports Betting Statistics● The Global sports betting market is predicted to reach an approximate of $155.49 by This industry grew at a CAGR of 8.83% between 2018 – 2024.● The total gross gaming gain of the global market is $450 billion.● The USA’s estimated global gambling gross win is at $74.39 billion. The Biggest Sports Leagues in the WorldThese are some of the biggest sports leagues in the world that pull in the highest number of probettors globally.National Football League (NFL)The NFL is a professional American football league consisting of 32 teams split equally betweenthe American Football Conference (AFC) and the National Football Conference (NFC).Major League Baseball (MLB) The MLB is the world’s oldest professional sports league in the world and a professional baseballorganization. As of this year, 30 teams play in Major League Baseball – 15 in the NationalLeague and 15 in the American League. There are 29 teams in the USA and 1 in Canada.National Basketball Association NBAThe NBA (National Basketball Association) is a professional basketball league hosting 30 teams 29 in the US and 1 in Canada. It is one of the major professional sports leagues in thesecountries.English Premier League (EPL)The Premier League is a top level of the English football league system, played in by 20 clubs,operating on a system of promotion and relegation with the English Football League (EFL).National Hockey League (NHL)The National Hockey League is a professional ice hockey league consisting of 32 teams—25 inthe United States and 7 in Canada. NHL is the top ranked professional ice hockey league in theworld and one of the major professional sports leagues in the United States and Canada.Campeonato Nacional de Liga de Primera División (La Liga)The Campeonato Nacional de Liga de Primera División, AKA Primera División or La Liga isthe Spanish football league system’s men’s top professional football division.Fußball-Bundesliga (Bundesliga)Bundesliga or Fußball-Bundesliga is a German professional association football league, top of itsleague, Bundesliga is Germany’s primary football competition. How to make money on Pro Sports BettingFinally, these are those strategies we talked about at the beginning, that you could use to boostyour odds of making money in pro sports betting.Here’s how to make money on pro sports betting: Choose Quality Not QuantityTo make money as a pro sports bettor, select the games you wish to bet on and give priority tothe ones you feel most confident betting on. Five games daily is a good rule of thumb to follow. Don’t Do Big ParlaysParlays are enticing because they offer big payouts if they bet cash. But, don’t let a big payoutwhere you have to hit 6 or more parlay legs entice you. Instead, do 2-3 team plays, this might not give you a huge payout but you will have a higherchance of winning a good payout rather than lose your whole wager. Fade the PublicFor sportsbooks to lose badly, bettors would have to bet a large percentage of money on one sideof a game, and that side would have to be correct. If this happens, sportsbooks would pay outmore money than they collect from losing wagers.But since this rarely happens, you should fade the public on the most commonly bet games. Thiscan work when the oddsmakers don’t adjust the line because of fear of vulnerability. Find The Best LinesOther sportsbooks might have better lines than that of your go-to sportsbook.The thing is, in most sports, even a half-point difference in a line is significant. If you bet a teamto