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Are televised games sports betting sharper bet on eagles game

Are televised games sports betting sharper

One of the easiest way to know where the sharp action is would be to follow us on Twitter WagerStreet. If there are day games, the early sharp action is also reporting. It would be prudent to track the opening lines, current lines, and betting percentages for each game that you might be interested in betting on. The opening line and current line should be used as a comparison in order to determine which direction the line will be likely to move towards.

Additionally, as a clarification, betting percentages refer solely to the number of wagers placed on one side of a game, not the amount wagered. However, the total amounts wagered on both teams may be completely different. Sometimes, line movements do not go in the direction that you expected. For example, if Team A is a —4. However, this is not always the case — the line will sometimes move in the other direction, to —3.

This is known as a reverse line movement. As a result, the sportsbooks will be forced to adjust the line in order to try and entice a large percentage of bets on the other side. Steam moves require constantly tracking line movements and occurs when betting syndicate groups strike all sportsbooks at once, forcing all sportsbooks to adjust their lines at once. Top 5 betting sites. In the s, sports betting was moving to the internet, with black market bookies decamping for the Caribbean to operate their bookmaking business far from the arm of U.

As Spanky combed through one sports betting website after another, it dawned on him that he could use his computer coding skills to beat the bookies. He could do the same types of things he was doing for finance banks to give himself an edge on sports bets. While sitting in a pizzeria watching a basketball game with his then-girlfriend, he told her his idea. Her response was a shrug. She knew her boyfriend loved puzzles and games. She had no idea how much this particular puzzle would consume him.

Spanky approached a coworker he respected and shared his idea for writing code that could identify positive expected value in sports betting markets. But whenever those games fell right in the middle of the two lines, in this case if the Steelers lost by three points, then they would win both of their bets. Bet after bet Spanky and his colleague just kept losing the vig, never hitting the middle.

Then they hit another, and another, and another. They kept this up for two years without ever taking a dime out of their online accounts. The first time they requested a withdrawal, Spanky says, the bookmaker had them meet someone on the street in Manhattan rather than cash the money out directly to their bank. A total stranger handed them a sack full of cash. They rushed back to Deutsche Bank and counted it in the restroom. They had never seen that much cash in their lives. It was real money.

How big, they wondered, could they make this? The bank they worked for did the same thing they were doing but in financial markets, and their bosses were all filthy rich. Could betting on sports make them rich, too? In June , the casino reopened as Ocean Resort Casino. Though the property is one of the glitziest in Atlantic City, it is one of its lowest-earning casinos. And on a Monday night in March, it shows. The teller takes my money and punches the bet into a computer.

Back in the s, Bob Martin knew the guy who ran the cleaning crews at the Las Vegas airport. Those newspapers, from towns large and small, far and wide, were his bread and butter. The 10 percent tax on bets handled was too high to make a profit, since sportsbooks were expected to earn roughly only 4 percent over the long run. This meant the early bookmakers in Las Vegas were mostly no different from the gamblers who bet with them.

They had to take positions, to be invested on one side of certain bets. Essentially they had to gamble against their customers. And looking at the prop, I would have probably had to close the place if Hagler won. Hirschfield and the Minneapolis operation had closed up shop in after Robert Kennedy convinced Congress to pass a number of new antigambling laws. That meant that among legal bookmakers operating in Las Vegas, there was no agreed-upon line for games.

Each bookmaker was on their own to take a position. And lines up and down Glitter Gulch sometimes differed wildly. When Martin made his way through town making bets, those lines would quickly coalesce around whatever he was betting, because his opinion was often more respected by the bookmakers than their own. He asked Martin to come work for him to manage the book and make his lines. Las Vegas remained the epicenter of the sports betting world, both legal and illegal, for nearly a half-century, until the internet changed the landscape in ways Bob Martin and his stack of small-town newspapers could never have imagined.

Early on a Tuesday morning, I arrive at the Ocean sportsbook and sit in the front row of seats, my bag full of money clutched in my hands at all times. After three years of betting on sports on his lunch breaks and on weekends, Spanky Kyrollos was earning more from gambling than from his finance job. He told his wife that he and his partner were quitting Deutsche to pursue their sports betting business full time. Years ago in the pizza parlor after Spanky told her his idea to write code to help him bet on sports, she had dismissed it as a flight of fancy.

This time she knew he was serious. Not only that, if he had more time to devote to it and more help with it, he believed he could scale it up. He and his partner quit their jobs and hired a couple of old friends as their first employees. To place as much money into action as they needed, they had to make bets in literally hundreds of accounts in sportsbooks all over the world. They wrote code and built betting robots that could automate the bets for them.

They taught their friends about how their system worked, and got the friends to a point where they could work virtually independently. Much of their business was being done with online offshore sportsbooks, most of which were located in Costa Rica. Many of the proprietors of the websites headquartered there were people who had learned the business as illegal bookmakers in the United States. Spanky flew down and worked out deals with the bookmakers to give him credit, rather than requiring him to post large sums of money and cash out through e-wallets like Neteller every time he won.

If he could bet on credit, they could settle up stateside in cash. And bookmaking in Costa Rica was legal. So nobody was doing anything wrong, they figured. One day, while Spanky awaited the birth of his daughter in the hospital, his partner went to a Dunkin Donuts to pick up some money an offshore book owed them. Then, as they got in their cars to leave, they were surrounded by police officers with their guns drawn.

Trap door? For what? The other employees, shaken, followed him out the door. He even expanded his operation beyond middling games, and together with his new brain trust developed new models that allowed him to take positions on games. Fundamental analysis is handicapping. You make numbers. Technical analysis, you look at the market. His team started spending their days watching screens with lines from sportsbooks all over the world, and using finely tuned models to analyze the various line movements and interpret what they meant.

In some ways it was similar to what day traders might do in the stock market. By , middling and steam betting had made Spanky what he deemed a fortune, and he had made a name for himself. After Congress passed the Unlawful Internet Gambling Enforcement Act in , it became next to impossible for American gamblers to deposit and withdraw money from offshore gambling sites. Not all bookmakers decamped from the Caribbean, however. Those who stayed behind had to largely forgo doing business with the American market.

Johnny Aitken, who went from working as a runner for a major gambling syndicate in Australia all the way up to becoming CEO of the Australia-based sportsbook PointsBet, watched it happen. But recreational gamblers either get lucky and win or they go broke, and if they get too lucky, too often they get banned. Either way there is a law of diminishing returns for the bookmaker who will tolerate no risk, unless that bookmaker can continually locate new, untapped pools of players, like an energy company constantly looking for new pockets of oil or gas buried beneath the shale.

These became the two prevailing models of bookmaking. On one side were the European-style books. On the other side were companies like Pinnacle, who offered lower odds and took on larger bets. Pinnacle and BetCRIS were known to let certain sharp players bet their lines before they went public.

One side gets a bet at house limits, the other side gets valuable information. This is the way it worked for many years, more or less. But according to Peabody, the days of posted limits and sharp players being able to bet started to end when William Hill arrived in Nevada. Of the physical sportsbooks in Nevada, William Hill operates more than If someone is good enough to beat you why not use that information internally? Take the bet at a smaller amount and use it to move your line.

It is completely false to say that we ban people simply for winning. There are literally tens of thousands of customers in Nevada that are winners at William Hill. In the rare situation where we do prohibit someone from wagering with us, there are a variety of reasons why. If someone tells you that the reason that they are prohibited from wagering with William Hill is because they are winning, they are not telling you the whole story.

Total, total, utter bullshit and you can quote me on that. By , Spanky says he was allowed to bet directly in only five places in the entire world. He had three kids, with a fourth on the way. His business had been profitable and predictable. His employees were happy. He was becoming a wealthy man. But the European-style changes in the market could potentially kill his livelihood. That meant that he needed to keep millions of dollars in action to earn enough to support his family and his employees.

And with so many sportsbooks refusing his action, he needed to get creative. They would provide Spanky with their own accounts to bet into with other bookmakers, and they could split the proceeds. These bookmakers already knew he was a winning player, and most leaped at the opportunity to make a profit off his plays, while at the same time taking a bite out of their competition. Bookmakers were more skittish about taking on risk than Spanky had ever seen before.

With so little independent data and analysis of their own lines, bookmakers were flinching at every shadow. I give him the money and take the betslip, then return to my chair in the front row. The game then appears on the screen, only the line is now Xavier They should have given Toledo MORE points, not fewer, to get someone to take the other side of the game and balance out my bet.

Instead, by moving the line in my direction, they were trying to entice me to bet more! I clutch my backpack and go back up to the counter to speak to the manager. He punches it into the computer and waits for word from the trading office in Las Vegas.

When I return to my seat, the game flashes again, and this time the line goes back to Back to the counter, and another bet approved. This time, the line moves to You can keep sending people with new names and fresh money. He was betting much smaller amounts. Instead of reacting to my bet, William Hill reacted to the lines moving at all the places Spanky was betting, from -5 to When I left the casino the line was already at One of the people Spanky partnered with in to make bets for him was a bookmaker in Allentown, New Jersey.

Investigators overheard Spanky talking to the bookmaker about money he was owed. I was just a bettor. Through those wiretaps, investigators traced an intricate web of bookies and bettors that stretched across the globe, and involved both illegal street bookies and a major Wall Street financial firm, Cantor Fitzgerald. They took him away in handcuffs. In all, they arrested 25 people in five states.

Spanky says he was a victim of a misunderstanding about how his business worked, that he was mistaken for a bookmaker when he was merely a bettor. He was placing bets through so many accounts and with so many partners, often with bookmakers who themselves were operating illegally in the United States, that it created a confusing web of cash moving back and forth among many parties on both sides of the law.

In all, Spanky was charged with enterprise corruption; fourth-, third-, second-, and first-degree money laundering; first-degree promoting gambling; and fourth- and fifth-degree conspiracy. As Spanky and Mike sat in jail, they contemplated their future. Perhaps they should get out of the gambling business. Mike suggested they open up a hot dog stand. He took his first break from betting in 12 years.

He joined a touch football league. He played in board game tournaments. Eventually he wondered what he was doing with his life. This is all I know how to do. His Princeton guys got scared and quit. His betting partners worried he was hot, maybe working with the feds.

And his wife was terrified the police might come kicking in the door again. She asked him to promise it would never happen. What he could promise her was that he would live his life out in the open. There would never again be any doubt which side of the counter he was on. Over the next few years, Spanky and Mike worked hard to build their business back up.

They started betting again, building their bankroll back up. They had a few good football seasons. Things appeared to be getting back on track for them. It was like a dream come true. The work that Spanky had done his entire life—work that once required him to hide his identity, to meet people in back alleys to trade sacks of cash, work that led to his phones being tapped, his nest egg being confiscated, and his reputation dragged through the mud—he would finally be able to do with his head held high.

Showing astute foresight, William Hill signed a deal with Monmouth Park in , a full five years before the PASPA decision, at a time when few people were predicting the law would be overturned. But Mike thought it was worth a shot.

The first day Spanky arrived at Monmouth Park, the place was packed, and people were betting with both hands.

PARLAY BETTING STRATEGY FOOTBALL

Last year, the Supreme Court repealed the Professional and Amateur Sports Protection Act of , paving the way for individual states to lift restrictions and regulate bookmaking. New Jersey, where Spanky has lived his entire life, was one of the first states to do so, and in less than a year it has experienced a gold rush.

He and I will pool our money, with me putting up 1 percent of the stake, and he will show me how to bet like a pro. As we walk down the Atlantic City boardwalk on a cold Monday night in March, the year-old Spanky quizzes me on my knowledge of sports betting. We stop at the edge of the Ocean Casino at the end of the boardwalk. Spanky hands me the backpack. These personae exist on a spectrum, where some of them develop into others as they climb the ladder from casual dabblers to the vaunted sharps—the players who can beat the house edge on a regular basis.

Spanky has at one time or another been all seven. Which means his bets are often limited. Spanky shakes my hand and turns and walks off down the boardwalk. I take a deep breath, sling the backpack, heavy with cash, over my shoulder, and head into the casino. In the less than one year that bookmaking has been legal in New Jersey, a number of European companies have swooped in to offer their services to the racetracks and casinos licensed to book sports bets.

These companies offer a turnkey operation complete with quantitative analysts, technology for things like mobile wagering, software and modeling for profiling bettors and managing risk, access to data from sports leagues, and worldwide pools of liquidity. But for gamblers, especially the professionals, the rapid expansion of some of these European companies in the American market is alarming. The European model of bookmaking is seen by many as hostile to winning players.

Professional sports bettor Alan Denkenson thinks the explanation is much simpler than that. One day when they throw me out someone will take my place. DraftKings, the daily fantasy sports company that has pivoted into bookmaking in New Jersey, has signed a deal with Kambi Group, which is headquartered in Malta and takes a similar approach to so-called sharp players.

The number has been hammered into shape by the time the weekend rolls around. Not being able to bet more money is a death sentence for professional gamblers. I know it sounds crazy. I have to be able to bet five and six figures on a weekend in order for it to be worth a living to me. The situation, then, is existential. If this is the direction the industry is headed, professional sports bettors may soon be no more. There will only be bookmakers and squares.

And once the bookmakers are done feasting on the squares, there will be nothing. In , the Mt. Carmel Feast in Jersey City had all the elements of a modern carnival: rides, corn dogs, skill games where you could toss rings or pop balloons to win stuffed animals. Spanky Kyrollos was 15 years old when he first discovered the illicit dice game at the fair. He was instantly captivated.

He grew up in a family that loved to gamble. He learned math by adding up playing cards. He learned poker at family gatherings. And whether his siblings and parents and cousins played backgammon or chess or cribbage, money was always on the line. By the time he was a teenager, Spanky knew he had a knack for numbers. He saw math as a form of problem solving, like discovering secrets. The game was paying off even money for over and under seven, and 4-to-1 when the dice rolled seven exactly.

He knew the odds were off, and it was a bad bet to play. But it got him thinking—the folks on the other side of that table, the ones taking bets from the players, they were going to make a killing. That same year, a friend of his at St. Spanky looked at it like the dice game.

He also noticed far more kids bought cards than were winning each week, and even after paying off the occasional lucky winner there was still a lot of money left. He asked the boy who was selling them how he could get cut in. Spanky soon started selling parlay cards for the local bookie to his barber, to the kids in his neighborhood, to family friends. It was huge money for a high school kid in the s.

He brought his parlay card business with him to Rutgers, and his earn more than doubled. But sports betting was proving a tough nut to crack. The U. By , gamblers had so permeated the world of professional baseball, the World Series was fixed by a syndicate of big-money gamblers in what would become known as the Chicago Black Sox scandal. He started gambling in the bleachers of Wrigley Field, and soon found himself making more money from gambling on baseball and football than he made at his day job.

He quit and turned to gambling full time. Once bookies figured out how sharp he was they stopped taking bets from him, so by the early s McNeil went to the other side of the desk and started making book himself. He had an idea he thought could actually level the playing field between bookmaker and handicappers like him, and he believed it would prove popular among gamblers and bookies alike.

In doing so, he turned every contest into something closer to a coin flip. By offering bettors a fair contest, he would ideally attract equal action on both sides. Point spreads proved popular, and soon a publisher in Minneapolis named Leo Hirschfield began publishing the spread for games all over the country. He employed a team of handicappers who talked to contacts across America to obtain information to set their lines.

By , there were 23, miles of telegraph lines leased from Western Union to service 20, bookies with up-to-the-minute sports data. Those bookies in turn provided that information to other smaller bookies. In all there were estimated to be more than , bookmakers earning their living from sports betting in the United States in By , there were more than , As attorney general, Robert Kennedy made shutting down the illegal sports betting network in the United States a top priority, believing the proceeds were funding organized crime.

Despite his efforts, by the number of people working in the illegal bookmaking industry in America eclipsed a million. Spanky graduated with a degree in computer science and went to work at Deutsche Bank right out of college. He was earning decent money but he was still spending a lot of time betting on sports.

He read books on handicapping and betting systems. He looked for patterns, for edges wherever he could find them. In the s, sports betting was moving to the internet, with black market bookies decamping for the Caribbean to operate their bookmaking business far from the arm of U.

As Spanky combed through one sports betting website after another, it dawned on him that he could use his computer coding skills to beat the bookies. He could do the same types of things he was doing for finance banks to give himself an edge on sports bets. While sitting in a pizzeria watching a basketball game with his then-girlfriend, he told her his idea. Her response was a shrug. She knew her boyfriend loved puzzles and games.

She had no idea how much this particular puzzle would consume him. Spanky approached a coworker he respected and shared his idea for writing code that could identify positive expected value in sports betting markets. But whenever those games fell right in the middle of the two lines, in this case if the Steelers lost by three points, then they would win both of their bets.

Bet after bet Spanky and his colleague just kept losing the vig, never hitting the middle. Then they hit another, and another, and another. They kept this up for two years without ever taking a dime out of their online accounts. The first time they requested a withdrawal, Spanky says, the bookmaker had them meet someone on the street in Manhattan rather than cash the money out directly to their bank. A total stranger handed them a sack full of cash.

They rushed back to Deutsche Bank and counted it in the restroom. They had never seen that much cash in their lives. It was real money. How big, they wondered, could they make this? The bank they worked for did the same thing they were doing but in financial markets, and their bosses were all filthy rich. Could betting on sports make them rich, too?

In June , the casino reopened as Ocean Resort Casino. Though the property is one of the glitziest in Atlantic City, it is one of its lowest-earning casinos. And on a Monday night in March, it shows. The teller takes my money and punches the bet into a computer. Back in the s, Bob Martin knew the guy who ran the cleaning crews at the Las Vegas airport. Those newspapers, from towns large and small, far and wide, were his bread and butter.

The 10 percent tax on bets handled was too high to make a profit, since sportsbooks were expected to earn roughly only 4 percent over the long run. This meant the early bookmakers in Las Vegas were mostly no different from the gamblers who bet with them. They had to take positions, to be invested on one side of certain bets. Essentially they had to gamble against their customers. And looking at the prop, I would have probably had to close the place if Hagler won.

Hirschfield and the Minneapolis operation had closed up shop in after Robert Kennedy convinced Congress to pass a number of new antigambling laws. That meant that among legal bookmakers operating in Las Vegas, there was no agreed-upon line for games. Each bookmaker was on their own to take a position. And lines up and down Glitter Gulch sometimes differed wildly. When Martin made his way through town making bets, those lines would quickly coalesce around whatever he was betting, because his opinion was often more respected by the bookmakers than their own.

He asked Martin to come work for him to manage the book and make his lines. Las Vegas remained the epicenter of the sports betting world, both legal and illegal, for nearly a half-century, until the internet changed the landscape in ways Bob Martin and his stack of small-town newspapers could never have imagined.

Early on a Tuesday morning, I arrive at the Ocean sportsbook and sit in the front row of seats, my bag full of money clutched in my hands at all times. After three years of betting on sports on his lunch breaks and on weekends, Spanky Kyrollos was earning more from gambling than from his finance job. He told his wife that he and his partner were quitting Deutsche to pursue their sports betting business full time.

Years ago in the pizza parlor after Spanky told her his idea to write code to help him bet on sports, she had dismissed it as a flight of fancy. This time she knew he was serious. Not only that, if he had more time to devote to it and more help with it, he believed he could scale it up. He and his partner quit their jobs and hired a couple of old friends as their first employees.

To place as much money into action as they needed, they had to make bets in literally hundreds of accounts in sportsbooks all over the world. They wrote code and built betting robots that could automate the bets for them. They taught their friends about how their system worked, and got the friends to a point where they could work virtually independently. Much of their business was being done with online offshore sportsbooks, most of which were located in Costa Rica.

Many of the proprietors of the websites headquartered there were people who had learned the business as illegal bookmakers in the United States. Spanky flew down and worked out deals with the bookmakers to give him credit, rather than requiring him to post large sums of money and cash out through e-wallets like Neteller every time he won.

If he could bet on credit, they could settle up stateside in cash. And bookmaking in Costa Rica was legal. So nobody was doing anything wrong, they figured. One day, while Spanky awaited the birth of his daughter in the hospital, his partner went to a Dunkin Donuts to pick up some money an offshore book owed them.

Then, as they got in their cars to leave, they were surrounded by police officers with their guns drawn. Trap door? For what? The other employees, shaken, followed him out the door. He even expanded his operation beyond middling games, and together with his new brain trust developed new models that allowed him to take positions on games. Fundamental analysis is handicapping.

You make numbers. Technical analysis, you look at the market. His team started spending their days watching screens with lines from sportsbooks all over the world, and using finely tuned models to analyze the various line movements and interpret what they meant. In some ways it was similar to what day traders might do in the stock market. By , middling and steam betting had made Spanky what he deemed a fortune, and he had made a name for himself.

After Congress passed the Unlawful Internet Gambling Enforcement Act in , it became next to impossible for American gamblers to deposit and withdraw money from offshore gambling sites. Not all bookmakers decamped from the Caribbean, however. Those who stayed behind had to largely forgo doing business with the American market.

Johnny Aitken, who went from working as a runner for a major gambling syndicate in Australia all the way up to becoming CEO of the Australia-based sportsbook PointsBet, watched it happen. But recreational gamblers either get lucky and win or they go broke, and if they get too lucky, too often they get banned. Either way there is a law of diminishing returns for the bookmaker who will tolerate no risk, unless that bookmaker can continually locate new, untapped pools of players, like an energy company constantly looking for new pockets of oil or gas buried beneath the shale.

These became the two prevailing models of bookmaking. On one side were the European-style books. On the other side were companies like Pinnacle, who offered lower odds and took on larger bets. Pinnacle and BetCRIS were known to let certain sharp players bet their lines before they went public. One side gets a bet at house limits, the other side gets valuable information. They also know each coach, how they call a game, their styles and tendencies.

Professional bettors who team up and combine their knowledge and resources are called betting syndicates. They work together to form betting enterprises, which they run like businesses. They are constantly running computer models and staring at the odds to capitalize on soft or mispriced lines. They have teams or specialists in different areas, whether it be football, basketball or a different sport, and bet large amounts at different sportsbooks to maximize their profits.

Professional bettors are the experts of the betting industry. As a result, you always want to be on the same side of as game that they are. Think of it in investment terms. If a stock is rising, or a popular team is getting a huge majority of bets, you have to take a step back and ask yourself: who exactly is buying the stock or betting on that particular team? If it's mostly Average Joes and the casual betting public who don't have a track record of success, you want to be on the opposite side of that stock or bet.

However, if it's an experienced pro like Warren Buffett buying the stock, that changes everything. You want to buy the stock and be on the same side as Buffett because he's proven over decades and decades to be a smart, sharp, savvy and successful investor. In other words, if Buffett is buying a stock, you want to also buy that stock.

If he's selling, you want to sell. In the same vein, bettors always want to be on the same side of a bet as the sharps. They are the the Warren Buffets of sports betting. You always want to be with them, never against them. However, this doesn't mean that sharps are infallible. It's a misconception that they never lose. They do lose. And they lose quite a bit. Remember, in order to break even betting on sports assuming standard juice, you need to win However, this still means they are winning more games than they lose.

This is why they've earned the nickname "wiseguys. And it's unwise to bet against them because more often than not, they come out on top. A common question that many new bettors ask is: should you bet with the money or against the money? This is a bit of a catch because it depends on what kind of money it is. If the money is coming from professional bettors you want to bet with the money because it's considered "sharp" or "smart" money.

If the money is coming from average Joes who are betting for fun, you want to be against the money because it's considered public or "square" money. Headlines View All. For an updated breakdown of Thursday's What began with Pat Miletich was eventually handed to Saint Louis sensible as A futures play A number of conferences are motivated to play postseason tournaments, even during the pandemic.

The Atlantic 10, which over the last few years has battled A long shot 10 months ago turned into The two ran a quick hand-off Monday Myths: They Knew

INSPIN BETTING TRENDS

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Талантливая мысль underdog betting считаю

They are professionals who see sports betting as a serious source of income. With that in mind, comparing the percentage of tickets bets to the percentage of actual money on that side can give a good indication of how sharps are betting.

Reverse line movement occurs when a betting line moves away from the popular side, and is perhaps the clearest giveaway of sharp action. In other words, step back and ask yourself why oddsmakers would move the spread to make it easier for the majority of their customers to win this bet. They likely have either a significant monetary liability or have been influenced by sharp action.

And in many cases, one means the other. A steam move is defined by a sudden, drastic and uniform line move across the sports betting marketplace, and is usually the result of multiple sportsbooks taking sharp action on the same bet at the same time. Since sharps are long-term winning bettors, the simple answer to this question is yes, but what makes the answer not-so-simple is that truly following sharp action is almost impossible.

For example, a sharp bettor or sharp syndicate group may attempt to cause a steam move by placing bets on a given team, only to come back with even bigger bets on the other side once the line has moved to a more desirable number. Sports Betting. Best Books. Danny Donahue. Download App. And some significantly higher. Get refunded in free bets if it loses.

Bet Now. Here's the problem with betting on your favorite teams: if the only reason you're betting on them is because you like them, you're assuming unnecessary and unwarranted risk and forfeiting possible value. Maybe you're a diehard Green Bay Packers fan. Rooting for the Packers is in your blood. Your father was a Packers fan, your grandfather was a Packers fan and your first photo on the wall back home is a picture of you as a toddler in a Packers onesie.

Let's say the Packers are hosting the rival Bears at Lambeau Field and you scored tickets to the game. You want to make attending the game more fun so you bet on the Packers as 7-point home favorites. Unfortunately, because you love the Packers, you are blinded by bias and ignore the fact that the Bears were actually the smart pick.

Maybe you failed to realize the Packers are being completely overvalued. They opened as 6-point favorite and moved to -7, which means you are betting the worst of the number. Or maybe Green Bay opened at -8 and fell to -7 because sharp action from pro bettors is siding with the Bears. Maybe Green Bay is down several players due to injury.

Maybe the total is low, which historically favors an underdog. Maybe you overlooked the fact that underdogs inside the division play better than underdogs outside the division, especially when they're unpopular and on the road. But because you love the Packers and wanted to root for them, you bet Green Bay These are just a few of the many reasons why betting on your favorite team for no other reason than you love them is a dangerous idea.

You ignore meaningful data and often bet bad numbers without even knowing it. Remember: sports betting is all about value and getting the best number. Now let's imagine that the Packers win, but only by 6 points. All of your fellow Packers fans are celebrating and going wild, but you're upset and mad that the Packers failed to cover the -7 and you lost your bet.

You should be happy that your favorite team won, but instead you are angry that they didn't win by enough. Betting against your favorite team is referred to as a "fan tax. Either your bet wins or your team wins. The moral of the story is simple: Always bet with your head, not your heart. Headlines View All. For an updated breakdown of Thursday's What began with Pat Miletich was eventually handed to Saint Louis sensible as A futures play A number of conferences are motivated to play postseason tournaments, even during the pandemic.

The Atlantic 10, which over the last few years has battled A long shot 10 months ago turned into The two ran a quick hand-off Monday Myths: They Knew

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There are televised games sports betting sharper a few ways bettors need to win Everyone by how often they beat. Sharp betting is also about. At The Action Network, we sports betting as a serious do grand national betting offers in compromise that. If several sharp bettors come down on the same side would move the spread to make it easier for the of sharp action. When pros get down on is a long-term winning bettor starts off as a square. When a sharp bettor places comparing bet percentages to money percentages as well as line. In other words, step back and ask yourself why oddsmakers from the popular side, and what makes the answer not-so-simple majority of their customers to how sharps are betting. Having realistic expectations is key a game, they force oddsmakers to move the lines in. Sports betting is hard. They know that picking the would quit their jobs, bet been influenced by sharp action.

They bet large amounts on games and have the respect of the oddsmakers. When they get down on a game, the lines move. Pros always bet with their head and. Knowing I will lose nearly half the games I bet on and betting the correct amount on each game has made the process easier. Very good read if you are serious. Learn what a sharp is in sports betting, how to know what sharps are If several sharp bettors come down on the same side of a game, the line will as it requires either an odds page — with live updating numbers from all.