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Why Line Shopping is a Winning Strategy

 

Being a winning sports bettor doesnít just come naturally. Like anything, you have to work at it to enjoy success. There are a number of things you can do to improve your winning percentage as a sports bettor. One such strategy involves line shopping.

When you buy a car or a house, you donít simply purchase the first one that you see. You take your time, consider a number of variables, and make a decision that provides you with the best value.

TAKE ADVANTAGE OF AMERICAíS BOOKIE EXPANDED BETTING BOARD

Itís the same concept with sports betting. Just like you can find the same pair of shoes in dozens of retail outlets, you can find a betting line for a game or match at a dozen different sports books. Just like the shoes, betting lines are not always the same price.

Why Line Shopping

Why smarter bettors should shop for the best lines is obvious. If you can pay less for something, why wouldnít you?

Letís take an NBA game as an example. At Sportsbook #1, we have the following line on a Toronto-Brooklyn game.

††††††††††† Brooklyn††††††††† +7.5 (-110)

††††††††††† Toronto††††††††††† -7.5 (-110)

You happen to like the Nets to cover in this one and believe they can either win outright or lose by seven or fewer points. 

Letís say you just happened to look at Sportsbook #2 where the same gameís line looks like this.

††††††††††† Brooklyn††††††††† +7.5 (-105)

††††††††††† Toronto††††††††††† -7.5 (-110)

If you have some experience in sports betting, you immediately see the value in Sportsbook #2. You only have to wager $105 to win $100 at Sportsbook #2, but youíll have to put up $110 to win $100 at Sportsbook A. To find the best value in every pick, you need to use multiple top online sportsbooks.

 


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The Long Run

Say you place 50 bets and you simply win half and lose half. Each bet was placed at -110 odds. At -110, you win $100 a total of 25 times. Thatís $2,500. 

On the other end, you lost $110 a total of $25 times. That equals $2,750. You have a net loss of $250.

If you made the same 50 bets of $110 at -105 odds and won 25 times and lost the other 25, you still come up with a net loss. That loss will be much less than $250 though. 

For each win, you would get back $104.76 for a total of $2,619. You still lose $2,750, but your net loss ($2,750 - $2,619) is only $131.

NBA BETTING: HOW TO BET NBA MONEYLINES

Put Into Perspective

In order to maintain a winning percentage, the sharps or professional bettors, need to win about 53 to 56 percent of the time. Using the same examples from above, a bettor making 50 bets at -110 odds will profit $380 if he wins 28 times.

If the same bettor shopped and found the same 50 bets at -105 and still bet the same $110, he would profit $513. That is why line shopping is a winning betting strategy.

All it takes is for a bettor to simply open betting accounts at multiple top online sportsbooks. Find the one that offers the best lines on the games you are wagering and reap the benefits.





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