{"id":11281,"date":"2022-12-01T08:18:06","date_gmt":"2022-12-01T07:18:06","guid":{"rendered":"https:\/\/matchplug.com\/blog\/?p=11281"},"modified":"2025-03-24T17:50:56","modified_gmt":"2025-03-24T16:50:56","slug":"how-to-make-money-in-pro-sports-betting","status":"publish","type":"post","link":"https:\/\/matchplug.com\/blog\/how-to-make-money-in-pro-sports-betting\/","title":{"rendered":"How to Make Money in Pro Sports Betting"},"content":{"rendered":"\n

Making money from bets offered by sportsbooks, using even the most minimal betting advantage
is one of the hallmarks of being a Pro bettor. To become a profitable sports bettor, you must
know 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 because
they’ve staked money. Truth is, when it comes to pro sports betting, after you’ve accounted for
the “vig” or ”juice”, you must also hit at least 52.4% of your bets to break even. Even the most
successful 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 guarantee
that 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 your
odds of making money in pro sports betting.<\/p>\n\n\n\n

What is Sports Betting?
Sports betting is a type of gambling on games or events, by placing a bet on the outcome of a
match.<\/p>\n\n\n\n

What Types Of Sports Betting Are There?
When betting on sports, there are different types of sports bet you need to understand as you
would be using them when making your wagers. We have explained each of them below.
Straight Bets
Straight bets is a betting line set, known as point spread, and you are required to either bet on the
favorites and give up points or back the underdog and get the points.
Total Line bets
In Total Line bets, a number is set for the combined final score of two teams in a match and you
bet on what you think the exact score will be staying ”under” that total or going ”over” the set
number.
Money Line Bets<\/p>\n\n\n\n

Making a money line bet means you are picking a team to secure a straight-up win, without any
point spread.
Parlay Bets
A parlay is when you group two or more picks into a single bet.
Teaser Bets
In teaser bets, you’re still putting two or more picks together in a single bet, but you can tweak
the points spreads in your favor for a lower overall payout.
Head-to-Head Bets
A head-to-head bet on the results between only two competitors is a common way to wager on
NASCAR and professional golf events. Whoever finishes a race or tournament in a higher
position than their opponent will win.
Most times, a money line is attached to each competitor to handicap the match.
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Head-to-head is
used to pick a sole winner in sports that take place in a large field and has many competitors
playing at once for the same prize.<\/p>\n\n\n\n

General Sports Betting Statistics
\u25cf The Global sports betting market is predicted to reach an approximate of $155.49 by<\/p>\n\n\n\n

  1. This industry grew at a CAGR of 8.83% between 2018 – 2024.
    \u25cf The total gross gaming gain of the global market is $450 billion.
    \u25cf The USA’s estimated global gambling gross win is at $74.39 billion.<\/li><\/ol>\n\n\n\n

    The Biggest Sports Leagues in the World
    These are some of the biggest sports leagues in the world that pull in the highest number of pro
    bettors globally.
    National Football League (NFL)
    The NFL is a professional American football league consisting of 32 teams split equally between
    the American Football Conference (AFC) and the National Football Conference (NFC).
    Major League Baseball (MLB)<\/p>\n\n\n\n

    The MLB is the world’s oldest professional sports league in the world and a professional baseball
    organization. As of this year, 30 teams play in Major League Baseball – 15 in the National
    League and 15 in the American League. There are 29 teams in the USA and 1 in Canada.
    National Basketball Association NBA
    The NBA (National Basketball Association) is a professional basketball league hosting 30 teams<\/p>\n\n\n\n