Strip Bet Spread
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Strip Bet Spread
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/ Blackjack Betting Spread Explained
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A betting spread strategy is a necessary component of card counting at blackjack. You can think of a betting spread and card counting like peanut butter and jelly. You can try them separately, but they’re a lot better when combined.
In truth, counting cards without using a betting spread is defeating the purpose of counting. Without a betting spread you will never be able to take advantage of a positive count and therefore leave a lot of profit on the blackjack table. Betting Spread is part of card counting just as the following: Edge Sorting , Hole Carding , Shuffle Tracking , Wonging in Blackjack , Camouflage Betting , Team Play , & Risk Of Ruin .
The key to making money as a card counter is raising your bets when the deck is hot and lowering them when the deck is cold. This variation in bet size is known as the betting spread. The range of an individual’s blackjack betting spread depends on a lot of personal factors such as comfort level and proficiency in card counting.
BETTING SPREAD
POSSIBLE RANGE
$5 (Table Minimum) – $200 (Table Maximum)
The example above illustrates the possible range at a $5 minimum table. The possible range is simply the minimum and maximum table bets. You can place a bet of any size that falls within the range on any given hand.
To successfully use a betting spread, however, you need to determine your effective range. In short, this is the least and most you are personally willing to bet. Some players are unwilling to go beyond a certain comfort level when sizing their bets. These players might have an effective range which looks like the following:
BETTING SPREAD
EFFECTIVE RANGE
$10 (Minimum) – $100 (Maximum)
Players with an effective range like this one are comfortable betting between $10 and $100 per hand.
Once you have determined your own effective betting spread the next task is to apply that spread effectively while counting cards. To determine the appropriate bet size we need to start at the minimum and scale upwards in proportion to the count.
We know that most card counting methods begin the count at 0. Using the effective range example above a player will be betting the minimum– $10 – at that level. Using this starting point a player can determine an effective range for the betting spread.
The player must estimate the top end of the count. In other words, how high does he expect the count to get in a session? A simple rule of thumb, which also simplifies the betting spread, is to estimate a count of 10. In this example calculating the betting spread is very easy. The top end of the player’s effective range is $100, a multiple of 10. When we divide 100 by 10 we get 10. The betting spread in this example will consist of 10 bets which increase proportionally with the running count.
…and so on until at a count of 10 the player is making the maximum $100 bet.
What makes a betting spread work is that it allows the player to bet the most money when the odds in their favor are increased. When the count is high the player needs to get the most money into play because their odds of winning are better. When the count is low the player needs to be betting the least amount of money because their odds of winning are worse. Simple, right?
Not so fast. For one thing, a player cannot sit at the blackjack table and mechanically apply a betting spread. For one thing, this will create suspicion on the part of the casino (see our article on camouflage betting). Secondly, the betting range also needs to encompass a few other factors which must be taken into consideration.
The key to winning at blackjack is to increase your positive expectation. Each time the count goes higher the house edge is reduced. Therefore, it makes sense to continue betting the minimum until the count becomes high enough to justify a significant return. In our example this would occur when the count hits 7 or 8.
The problem with this is that jumping your bet from 1 unit to 7 units suddenly will draw the casino’s scrutiny. You must gradually increase the amount of your bet, but at no time should you increase your bet out of proportion with the count. That is the key. In other words, betting less than units when the count is at 4 is okay. Betting more is not.
When it comes to betting spreads the real skill is not knowing how to use them but knowing when to use them in a way that is undetected by the casino. Using them robotically will get you banned from the blackjack table . You can read the Casino Max review , Miami Club review , High Country casino review , Cherry Jackpot casino review , or Roaring 21 review to name a few
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Betting on the NFL can be extremely complex because there are so many options available to the bettor. Having this many options is always a good thing, as it gives you more chances to win, provided you know how to bet on NFL.
NFL betting can be done either in person or through an online sportsbook, depending on where you plan to do your betting. Each year, more and more NFL betting options become available in the United States.
There are several great NFL betting options, and this is another area that seems to grow each year. There are three very common NFL betting options available, but there are some unique ways to bet on the league as well.
As long as you live in a state that offers sports betting, NFL is available to be bet on legally. Nevada used to be one of the only places to bet on the NFL in the United States, but that has now changed.
For those wondering how to legally bet on NFL games, provided you live in a state that has legal sports betting you will be able to place a bet on any NFL game of your choosing. For those that want to know where to bet on NFL games, you’ll be happy to learn that you don’t have to necessarily live in the state you bet within, as long as you are physically inside of that state.
Most states offer both retail and online sports betting, which means you can place a bet on an NFL game from your mobile device. Traveling to a retail sportsbook is another good option unless you are in a state that has online-only betting.
Before you look to place a bet on an NFL game, be sure to check out the rules and regulations for that state to ensure that you are set to make a legal wager. Only regulated sportsbooks in the United States can offer legal NFL betting.
Retail sportsbooks in Las Vegas were once the most popular destination to bet on the NFL, but that has changed since 2019. Now, online NFL betting has become extremely popular, as long as you live in or can travel to a state with this option.
Ever wondered “Where can I bet on NFL games online”? Well, you can now bet on NFL games online using online sportsbooks such as BetMGM, FanDuel and DraftKings which now offer online sports betting and tend to focus on the NFL. These NFL betting sites have been able to obtain an online sports betting license in several states to ensure that they can offer legal betting.
If you do not reside in a state where sports betting has been legalized, your options are limited to offshore sportsbooks like these which can be accessed through a computer or a mobile sportsbook app from non-regulated states only. The apps have come a long way over the last few years, and they mirror the online site.
If your state has online sports betting, then any of the regulated online sportsbooks mentioned above that have a license are legal options. You can be confident that your personal information and banking processes will be safe and secure with these sites.
If you are someone that is looking to bet on NFL games in person, then you should have a number of great options available to you. Even though online sports betting has become extremely popular, retail sportsbooks are still available, depending on where you live.
These retail sportsbooks will require you to create a sports betting account, but then you will be able to wager on all of the NFL games in person. Most locations will have an actual teller there for you to place bets, or you can make your bets using a kiosk.
Retail sports betting provides a great experience as well, and these sportsbooks are a great place to watch the NFL action unfold each week.
The NFL features a 17-week regular season, followed by four playoff rounds. Each week provides at least 14 to 16 different matchups, with a number of betting opportunities available for each game.
The NFL betting lines are usually available on Monday each week, giving you plenty of time to prepare for the next week’s slate of games. You can also take advantage of live betting options during NFL Sundays or any other day that NFL games are played.
If you want to know “what are the betting lines for the NFL”, check out the NFL betting lines page.
NFL spread betting is one of the most common bets that is both offered and made. Betting against the spread can be a bit confusing at times because you are not simply betting on which team will win that game.
To better explain NFL spread betting, we will use an example featuring the Las Vegas Raiders and the Kansas City Chiefs.
In this situation, the Las Vegas Raiders would need to win the game by at least seven points for a bet on them to be a successful wager. The Kansas City Chiefs would need to lose by just six points or less to make them the right pick amongst Las Vegas NFL spreads.
Tip: When checking for Vegas spreads, NFL headlines can change the game so before you bet on the Vegas point spread, NFL news is a vital study especially when it comes to your team of choice.
A moneyline bet in the NFL is one of the easiest betting types to understand. With a moneyline bet, you are simply making a bet on which team will win that particular game.
Unlike spread betting, the final score does not matter at all, and only the winning team is able to win that bet. Betting on a favorite in a matchup will yield a much smaller payout than betting on an underdog that is able to come out on top.
Here is an example of what an NFL moneyline bet looks like:
In this bet, the Raiders are the favorites, and the Kansas City Chiefs are the underdogs. The favorite will always have a (-) in front of their line, while the underdog will have a (+).
This means that a $125 bet on the Raiders would equal a payout of $100. Meanwhile, a $100 bet on the Kansas City Chiefs would equal a payout of $135.
NFL betting lines are very similar to other betting markets, except that there are usually more options available. These betting lines are set by the sportsbook or bookmaker, and then they are posted for the bettors.
NFL betting lines will be offered several days before the games begin each week, but these lines will also change often. Sportsbooks will adjust the betting lines based on the action that is coming in for each game.
Each betting type offers different betting lines, and it is important to know and understand what each bet means to help understand the betting lines. Always remember that sportsbooks adjust the lines to meet their needs, and they can manipulate these lines however they want to.
Vegas is typically where the NFL betting lines come from, although each sportsbook will set their own lines and odds. It’s hard to give an exact percentage when discussing how right Vegas usually is on NFL games, but it is well above 60 percent.
There is a reason that sportsbooks continue to grow in Las Vegas and other parts of the world, and that’s because they continue to make money. Betting on the NFL is actually one of the easier markets for sports bettors, but Vegas and other sportsbooks are still winners a majority of the time.
The Super Bowl each year is the biggest sporting event for sportsbooks, and Vegas typically does extremely well with this event. Even if Vegas and other sportsbooks suffer a loss in the Super Bowl, they are usually able to make up for it during the regular season.
An NFL over under bet is a bit different than the two options previously mentioned as you are not betting on the winner of a certain game. Instead, an over/under bet focuses on the total number of points scored in the NFL game.
Here is an example of what this might look like:
Las Vegas Raiders at Los Angeles Chargers:
With an over/under bet, you get to choose whether the teams will combine for over 56.5 points or under that betting line. The odds are typically the same for both sides of an over/under bet, and are generally listed at -110.
An NFL parlay bet is just a combination of singular bets into one much larger wager. Parlay bets are generally 3+ legs each, and each sportsbook will usually set a limit as to how many legs you can add.
The value of making a parlay wager is that the reward can be much higher with each leg that you add. Of course, you are also adding more risk with each leg, as all of the bets must hit for you to win the parlay.
Betting NFL win totals is a form
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