Should You Bet On The 'Wagerwizard'? (2024)

FAQs

Should you ever bet the moneyline? ›

The answer to this question comes down to your confidence level and risk tolerance. If your analysis tells you a 6.5-point underdog stands a good chance of winning the game outright, bet the moneyline. However, if you think that 6.5-point underdog will be competitive but likely not win, bet the point spread.

It's the option with the lowest risk, so you're less likely to lose your money. As you begin to sports bet, it's important to recognize betting on a favorite could lead to more wins, but the payout isn't always worth it. Occasionally, favorites might be plus money.

To decide on the best betting strategy, consider the following factors: Odds: If the odds are high, an each-way bet can still generate decent returns even if your selection only places. Confidence in Your Selection: If you strongly feel that your selection is a sure winner, a win bet is likely a better option.

The higher the total payout (i.e., the higher the decimal odds), the less probable it is that the candidate will win (in the bookmaker's opinion) and the riskier the bet is.

NFL moneyline betting FAQs

Since 1985, NFL moneyline favorites have won 66.5 percent of the time.

What happens if you bet $100 on a moneyline? If you bet $100 on a moneyline, you might win some money or lose your wager. If the odds for your moneyline bet were +100, you would profit $100 if the team you backed won. If they lose, you are out $100.

If you've bet but haven't hit on a success yet, keep betting. The best bet you'll ever make is on yourself, and when the payoff comes and outsiders see “luck”, you'll know the reality. It was the expected result from all the bets you placed.

Understanding Three-Bet

After the first player makes the initial bet (also known as the opening bet), the next player can choose to call or raise. If a raise is made, and then another player makes another raise, that's known as a Three-Bet.

Is there a way to bet without losing? ›

The best way you can make sure never lose in football betting is to arbing. Like most of you know, different bookies offer different prices, so you can bet on some sport event at two ( or more ) different bookmakers and in the end you will always win, no matter how the match is finished!

Moneyline bets are less risky and simpler because if the team you bet on wins, you win your bet.

The under bet is even money, meaning a winning bet would double the amount placed on the bet. However, the over is -120, meaning you'd have to bet $120 to win $100 (or $12 to win $10). This usually means that the over is getting more bets and/or is viewed as the slightly more likely outcome.

Big = Strong; Small = Weak

In general, big bets and raises are a sign of strength, while smaller sizes are a sign of weakness. This is because when bluffing, players want to save money just in case their opponent doesn't fold. And when they've got the nuts, they go for as much value as possible.

Parlaying moneylines can be a successful strategy when customers believe in the outcome of a game but want less of a risk factor. Lowering the risk leads to a lower payout, but a higher probability of being graded as a winning wager.

The best odds for betting favorites exists in the -150 to -200 range. These lines present an opportunity to win back decent money for your bet.

What Does a +200 Money Line Mean? A +200 money line would mean that if you placed a $100 bet, you would win $200. It also tells you that the team is not expected to win, as it is the underdog in the game.

Negative odds don't necessarily mean a lower potential profit, but the profit you make will always be lower than the profit on positive moneylines. Negative odds refer to favored teams. You're more likely to win a negative odds bet than a positive odds bet.