The anti-gambling stigma that was once prevalent in American popular culture has faded, and sports betting is now legal in many states. As the industry enters the mainstream, millions of fans are looking to wager on their favorite teams and players. However, before you place your first bet, it’s important to consider a few things.
Bet with your head, not your heart
One of the best tips for sports betting is to separate yourself from your fandom and make bets based on the numbers and unique circumstances that surround each game. If you can do this, you will start to make smarter bets.
Odds and lines specify the implied probability of an outcome and how much money can be won on a bet. They can be displayed as American, British (fractional) or European (decimal). While odds look different, they all mean the same thing.
As the market evolves, oddsmakers will move their lines to accommodate a certain amount of action. They will also make adjustments to account for the public’s perception of a team or player. While some line movement is natural, it can be misleading if the moves are sudden and dramatic. This is known as “moving on air” and can be the result of either a few bettors chasing the same line or a betting market that’s inefficient.
When selecting a sportsbook, be sure to read reviews and check out its customer service. Customers want to know that their bets will be paid quickly, and that they can reach a live person in case of any issues. They’re also interested in bonuses, loyalty programs and any unique features that a site may offer.