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May 11, 2018

A Comprehensive Beginner’s Guide to Sports Betting


Sports betting guide

Have you always been a huge sports fan? Are you great at filling out the NCAA March Madness brackets?

If so, you might just have what it takes to win big in the sports betting world. Betting on sports has become one of the most popular forms of gambling over the last couple of years and it really is easy to understand why.

Not only are watching live sports games fun and exciting, but when you throw in the thrill of gambling on top of that, it just makes the whole thing more entertaining. In addition to this, betting on other teams might get you more interested in games that you would not normally be so enthused about.

So, what exactly do you need to know about betting on sports?

Understanding the Mechanics of Betting

Most people shy away from sports betting, because they really don’t understand the mechanics and think they are too hard to learn.

However, this is not really the case, as sports bets are really just comprised of three different components, selection, stakes, and odds.

  • Selection – When someone refers to selection, it basically just mean the team that you are picking to win or the outcome that you are picking for. For instance, you can choose the Cowboys to beat the Panthers or you can choose the Cowboys to beat the Panthers by two touchdowns.
  • Stake – Stake it pretty much what it sounds like. How much are you willing to stake on the game? If you only bet $20 then the stake would be $20. You have probably heard of the term high-stakes poker before. Well, high-stakes pretty much comes into play when there is a large sum of money involved.
  • Odds – The odds are without a doubt the most confusing part. The odds are basically just the probability that something will occur. For instance, SpotOnCasinos might have the Cowboys as a 1 to 20 underdog against the Panthers. This means that if the Cowboys played the Panthers 20 times they would on have the potential to win one game. Of course, if you bet on the Cowboys and they won, you would generate a lot more profit.


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