Sports Betting Trends_ Have Fun Making Wagers While Not Losing Cash
You might be wondering what the latest trend in sports betting is.
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. The reality is that sports betting is not so complicated.
How did the sports betting trend begin? The United States is where the entire business of gambling on sports began. The US and the people who colonized it were known to like wagering on sports like cock fighting and horse racing.
Gambling was a popular pastime in England, which they brought to the USA. Gamblers loved racing horses in the 1800s. Boxing matches were also a popular bet. However, sports betting really grew big and official when an American game - baseball - became popular and a national past time. There was also a rise in popularity for other games like basketball in the NBA or American football in NFL. These are now big time sports that have gained a lot of fans and a lot of money in endorsements.
A lot of betting on odds has been done on games like football and basketball. The wagering industry calls this "the money line" and it is still used today to place bets on odds.
The Point Spread and where it All Started
The problem with gambling on odds or what is called the money line is that there are a lot of mismatches. Many gamblers and bettors would place bets on the favorite team to win. However, it is not the same odds that the bookmakers desire. So how can everyone make money when everyone is betting for the Giants? So, the bookmakers developed another way to wager and what is now called point spread betting.
Point spreads give underdog teams a handicap by giving them points. https://fliponline.net/wanna-win-more-money-playing-poker-forget-about-the-money/ A team facing a strong opponent can receive points as high as 20. So, the Portland Trailblazers can be given +10 points if they are to compete with the LA Lakers on a point spread system. To win a wager on the LA Lakers, the player must win at least 11 points.
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. The bookies make money regardless of which side has the most supporters.