Why Line
Shopping is a Winning Strategy
Being a
winning sports bettor doesn’t 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 don’t 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.
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ADVANTAGE OF AMERICA’S BOOKIE EXPANDED BETTING BOARD
It’s 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 wouldn’t you?
Let’s 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.
Let’s say
you just happened to look at Sportsbook #2 where the same game’s 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 you’ll 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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NBA Free Pick at PrimeTimeSportsPicks.com
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. That’s $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.
