5 Things to Look For When Picking a Sports Bet
5 Things to Look For When Picking a Sports Bet
Sports bet is the fastest growing form of gambling and is a fun way to earn extra money. It is also a way to learn more about different sports. There are many ways to get involved and a lot of them are free. But how do you know which bets are worth your time? Here are five things to look for when picking a bet.
Point spreads
Point spreads are an important aspect of sports betting. They are calculated using a combination of human and data-driven computer formulas to give bettors an idea of how a game is expected to play out.
In general, books keep a balance between betting on both sides. However, there is variation in betting volumes across different seasons. As a result, a sports book’s profit is not always maximized.
To prevent this, the sports book sets the point spread in a way that reflects the anticipated outcome. For example, the home team is usually favored by two to three points. On the other hand, an underdog is often considered a good bet.
Over/unders
The over/under is a popular bet in sports betting. It involves predicting whether the total number of points scored by both teams in a game will exceed or fall short of the oddsmaker’s number.
In most cases, the over bet wins. This is especially true in low-scoring games. However, this is not always the case. A successful player must be aware of scoring trends for each team.
Over/unders also give bettors the chance to bet on the flow of a game. Betting on the over/under is different from moneyline or spread betting. Usually, bettors don’t even have to guess the exact amount.
Quick parlays
Quick parlays for sports betting are a great way to increase your odds and boost your payout. However, it’s important to understand what they are and how they work before you put your money on the line.
A quick parlay for sports betting combines several wagers into one big bet. A popular example of this is a five-team parlay, where each team receives $20 for every $1 wagered. If you’re serious about sports betting, you should learn how to calculate the payouts manually.
Adding an underdog’s moneyline into a parlay increases your odds, which means your chances of winning are higher. You should also look into “same-game” parlays, where you can add some props to the mix.
Legality in Oregon and Pennsylvania
Sports betting in Pennsylvania and Oregon is not exactly a new idea. But the legality of sports betting in the two states has only been around for a few short years. So what’s the state of the art? Well, a quick gander at the state’s gambling laws tells a different story.
There is little doubt that the legality of sports betting in the state is a hot topic among gamblers and non-gamblers alike. Luckily for Pennsylvanians, they can place bets on their favorite teams at any of the seven licensed casinos in the state. In addition, if they wish, they can wager on sports events from other jurisdictions with proper licensing.
Legality in Kansas
The legality of sports betting in Kansas is not yet clear. As of April 2022, sports gambling is not yet legal, though there are plenty of online betting sites available.
There are several sportsbooks in the state, including DraftKings, FanDuel, Bovada, Barstool Sportsbook, and Sportsbook. It’s important to remember that in order to wager, you must be 21 years old and located within Kansas. You can also bet on the outcomes of collegiate games, but not on player prop bets.
In fact, daily fantasy sports contests have been legal in Kansas since 2015. So, if you’re looking for a fun way to entertain yourself on game day, consider playing a fantasy football game or a daily fantasy basketball game.
DraftKings Social
If you love the social side of sports betting, then you are going to love DraftKings Social Sports Bet. It is a new way to enjoy all the great features that DraftKings has to offer.
This unique concept is the brainchild of DraftKings employee number one, Jordan Mendell. He created the social feed as an extension of the online sports betting platform. The social feed offers a social environment that connects fans to other users, and the opportunity to participate in free-flowing conversations.
DraftKings is a US-based company that was founded by Jason Robins and Matt Kalish. Its headquarters are in Boston. DraftKings has an expansive list of sports to bet on, including MLB, NBA, NFL, NHL, and soccer. Aside from the online platform, DraftKings also has a mobile version of its sportsbook.