Public VS Professionals in March Madness betting
Public VS Professionals in March Madness betting
In another angle, March Madness Betting can be a battle between the Public and the Professional gamblers. It is a common misconception that the professionals or pros always win this battle but that is not always the case.
March Madness betting can be quite a phenomenon and is all the rage, especially at online sportsbooks. As a matter of fact, March Madness betting comes second only to the NFL Superbowl in popularity.
Because of the public factor in March Madness betting, you can expect to see some very interesting battles. If the professional gamblers really hit a game in March Madness odds, the sportsbook is not too worried if they are betting on the underdog.
However, they are more afraid if the pros are betting on the favorite because the public often bets on the favorites. If the Joes (the public) and the pros are betting on the same team then the sportsbook is at risk in that particular game. Since it is very rare an occasion that the public would wager on the underdogs with the March Madness odds.
These sort of events are far more surprising and exciting than the everyday college or professional regular season game, the Pro bettors really don't have a big advantage on the average bettors. When the excitement and passion of the NCAA Tournament starts often the odds mean very little. It's not called March Madness for nothing since anything can pretty much happen, that is why it is so damned exciting and fun. It is maddening when it comes to great finishes and breath taking upsets.
It is a given that the public will wager on the marquee teams and the favorites in March Madness odds. That is something that never really changes. They will only start to wager on the underdog if only when there's a Cinderella story that began to emerge. It doesn't happen in the first round of the tournament, although it does happen in the second round, Sweet sixteen and Elite Eight. By the time the Final-Four round is here, most of the boxes are opened and there aren't any surprises left.
The public really has some tendencies when it comes to March madness betting and they sometimes bet on the teams the professionals will not since the pros are all about finding value and most often than not it is not done with the favorites. That is a very good situation for the sportsbooks since they get good action on both sides of a game.
Always remember that when looking at March Madness, the pros and Joes are going to battle it out. A lot of things can happen when teams are involved so the pros don't necessarily always win against the Joes.
If you are planning to join in the action of wagering in the tournament then take these things in consideration. Always remember that the public are the fanatic ones and the pros are the ones who are always on the lookout for profit and value.
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