Sports Betting Trends: Have Fun Making Wagers While Not Losing Cash
Sports Betting Trends: Have Fun Making Wagers While Not Losing Cash
What is the latest sports betting trend you ask?
So you have a desire to put a bet on your favorite sporting event and team, however, you are a bit overwhelmed with all the gibberish talks of point spreads, betting odds, sports betting trends, handicaps, sports books and bookies. Just chill! Betting is enjoyable and we will prepare you to be ready so you can take part in the action. Before you try understanding sports betting trends, let me give you a short introduction.
At first look, you may think that betting on sports can be overwhelming. But in reality, the world of sports betting isn't that complicated.
So, how did sports betting trends begin? The whole business of sports gambling began specifically and officially in the United States. The US and the people who colonized it were known to like wagering on sports like cock fighting and horse racing.
Gambling was originally a traditional past time in England which they brought over to the US. In the time of the 1800s, it was racing horses that was the top choice of people who loved to gamble. Betting on boxing matches were also a popular wagering game. However, sports betting really grew big and official when an American game baseball became popular and a national past time. Then there was a growth in the popularity of other games such as basketball in the NBA and American football in the NFL. These are now big time sports that have gained a lot of fans and a lot of money in endorsements.
Games like basketball and football have also attracted a lot of wagering through betting on odds. This practice of betting on odds is still set-up today and is known in the wagering world as "the money line."
The Point Spread and Where it Started
The problem with gambling on odds or what is called the money line is that there are a lot of mismatches. A lot of bettors or gamblers would bet on the favorite team to win and it is not equal odds the bookmakers want, so how could everyone make cash when everyone is betting for, say, the Giants, right? So, the bookmakers developed another way to wager and what is now called point spread betting.
The point spread gives underdog teams a certain handicap using points. Points as high as 20 can be given to a team that is facing a very strong opponent. So, the Portland Trailblazers can be given +10 points if they are to compete with the LA Lakers on a point spread system. If you're betting on the LA Lakers, then they have to win by least eleven points for the gambler to win his wager.
A point spread is meant to assist the bookmakers give a sense of balance in the sportsbooks and encourage more people to bet on the underdog team with the help of handicapping. Betting on the underdog, though, may be riskier, but this can bring bigger money so the sports betting trend is balanced. Moreover, the bookies earn money no matter which side has more supporters.
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