Whether you’re looking to play poker, blackjack or betting on sports, you need to understand the basic strategies before you get started. Having the right strategy will help you get the most out of your games and keep you out of trouble.
Legality
Whether or not sports betting is legal in the US depends on how a state chooses to regulate it. Several states are currently attempting to pass sports betting legislation. However, early setbacks have led to some questioning the states’ ability to regulate sports betting.
A federal law, the Professional and Amateur Sports Protection Act (PASPA), has prohibited legal sports betting in most US states except Nevada. PASPA was passed in 1992 and attempts to protect the integrity of collegiate and professional sports.
Spread betting
Unlike other forms of sports betting, spread betting allows you to bet on both sides of an event. It’s a great way to get more involved in a game and to earn a little more money.
You’ll be able to bet on teams that are considered to be underdogs. These teams are usually assigned a ‘+’ sign next to their name.
In this case, the team you choose has to win by a certain number of points to cover the spread. For example, if you bet on the Denver Nuggets to win, they’ll have to win by at least four points.
Straight bets
Those looking to make some cash by placing a bet on a sporting event can do so in a variety of ways. One of the most common ways to make money is by betting on straight bets. These bets are simple to understand and are a great way to make money.
The most common type of straight bet involves placing a wager on a single team to win a game. The wager can be made on over/under, a point spread, or a money line.
Tie, under and vigorish
Getting a good deal on a sports bet is no small feat. Not only is the price of a ticket dependent on the game being played, but a sports book may change the price of a ticket based on the betting action. In other words, you may not get your money back on your ticket. Depending on the game and the bookmaker, your ticket may be worth less than a dime. To keep your ticket worth more than a dime, you may have to find another bookie.
Offshore betting sites
Whether you’re looking to bet on esports, golf tournaments, or the NFL, there are plenty of offshore sports betting sites to choose from. These sportsbooks are based outside the United States, but they are still open to American bettors. They are renowned for their financial health, competitive lines, and customer service.
The best offshore sports betting sites cover a wide range of sports, including MLB, NASCAR, basketball, and football. Some also offer betting on cricket, esports, and tennis.