# How to Bet on Sports and Increase Your Odds of Actually Winning

By admin / July 28, 2020

Would you call yourself a fan of a particular sport? If so, it may be time to turn your knowledge into money.

In truth, most people betting on sports are that sport’s fans to begin with. Sure, a gambler may place a bet during big games such as the Super Bowl. Most of the time, though, it will be sports fans looking to get in on the game’s action.

Like any other bet, a bet on sports revolves around mathematics. If you understand the math behind the game, you’ll have a serious advantage. This includes keeping track of things like underdogs, bye weeks, injury reports, and so on.

Not sure whether this is the right hobby for you? Here’s how betting on sports works and what you can do to tilt the odds in your favor.

This built-in $10 commission is also known as the vig. Bookies also make a profit by looking at the total number of bets over a week and adjusting the money line. Doing so will bring balance to the books, making the bookie more likely to turn a profit. The thing about your sports betting odds is that they have little to do with the bookies’ margins. A single customer will never place enough bets to sink an entire book. High rollers get some privileges, but their luck changes over time. ## Breaking Even When it comes to sports betting strategies, your main goal is to break even. This involves you winning at least 52.4% of your bets. This number comes from the odds themselves. Most of the time, betting the spread will see you get odds of -110. This is equal to 11/10, which means you have to win 11 out of 21 games played to break even. For example, let’s assume you win 6 out of your next 10 games. This 60% record will leave you with a tidy profit of$160 on a $1,100 investment. The difference between 52.4% and 60% resulted in hundreds of dollars of profit. Now imagine you lost one of those six winning bets, leaving you with a 50% record. This means you spent$1,100 to win $500 and lose$550. Your overall record will see you fail to break even and set you back by $50. This is how the vig gets you. ## Professional Bettors A professional sports gambler is a person who bets on sports for a living. By betting enough money, even a 53% winning record will have them turn a major profit. For instance, let’s say you decide to invest$10,000 in sports gambling. You’re shooting for a 55% winning record, which means you must win 88 out of 160 games. This translates into an expected profit of +8.8 units.

By placing a reasonable $460 on each of these games, maintaining a 55% record would result in a$4,048 profit. Needless to say, no bank will give you that kind of return on your savings account. The key, of course, is to win 55% of your bets.

How do you get to this kind of record? In short, you have to be a math freak. In particular, you must be able to understand a thing called inferential statistics.

Let’s say you take a closer look at MLB statistics from 2000 to 2010. You may notice that home teams that start a left-handed pitcher the day after a loss win 59% of the time. After analyzing the stats, you realize this wasn’t a fluke.

What you should do here is create a betting theory based on this statistic. You would look for situations that mirror the example above and bet on them. To keep track of your theories, you also need to keep a detailed record of your bets.

## More on How to Bet on Sports

As you can see, sports betting revolves around margins. A betting pro averaging a seemingly unimpressive 1100-900 record is making a big profit.

This is why winning 52.4% or more of your bets is a good track record. This may not look cool on paper, but it means you’re beating the bookies. How often do your friends who play online slots or poker end up putting money in their pockets?

Want to know more about how to bet on sports? Looking for other sports betting tips? Check out the rest of our betting-related content!

##### 4 Ways to Prepare Your Family For Disasters
Apr 08, 2024 / By admin
##### When to Strike Gold: Timing Your Online Betting Bonuses for Max Impact
Mar 05, 2024 / By admin
##### Airsoft: what is a MOFSET and how to install it on your replica?
Feb 27, 2024 / By admin
##### Elevate Your Well-Being: Top 5 Reasons to Indulge in a Beauty Salon Experience
Feb 09, 2024 / By admin
##### A Comprehensive Guide to Initiating Your Electrician Startup
Feb 07, 2024 / By admin
##### Embrace the Spice: 5 Compelling Reasons to Visit Your Local Curry House
Feb 01, 2024 / By admin