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Sports Betting: Bet on Both Sides and Win
2008-04-01 04:01:38
Line Movements & the Basics
The concept is based off the fact that the NBA line normally moves up and/or down with each NBA game. For example, a team might open as a 2 point favorite and close as a 2 point favorite, but during the day, the team might have been up to a 5 point favorite. The totals line in the NBA is always full of movement. A game might open at 192 and close at 196. Line movements on the totals line of 3-4 points are a normal occurrence.
The author is the founder and players manager of AdvantageSportsBetting.com and one of the top experts in the sports betting industry today. Advantage Sports Betting is a world leader in online sports betting, casino, NFL betting, poker and a proud member of the Betcorp family.
To perform this sports betting maneuver, you are going to bet each side at different times. Not all games are viable options for this strategy, because not all games have movements. As mentioned before, the totals line moves for most games. There are four main rules to follow:
1. If you bet the favorite, you need to bet the underdog when the line goes up.
2. If you bet the underdog, you need to bet the favorite when the line goes down.
3. If you bet the over, you need to bet the under when the line goes up.
4. If you bet the under, you need to bet the over when the line goes down.
Now that we have the general rules and concepts in place, let’s look at an actual NBA totals example.
Betting Example
Our example consists of the Miami Heat, who is a 3 point favorite, playing at home against the N.Y. Knicks. The over/under for the game is at 168 and the line just opened. You will be making $110 wagers—since it’s easy, mathematically, to see how things work.
You make an initial bet on the OVER 168 for the game for $110. Through monitoring the line off and on during the day, you notice the line has moved to 173. You decide that a 5 point swing is good enough and make a $110 on the UNDER of 173. You now have two tickets in play and here are the possible outcomes.
1. The game can end at 169 or 174. This is a push and you only lose your vig on one ticket.
2. The game can end at/over 174 or at/under 167. This is a push and you only lose your vig on one ticket.
3. The game can end at 168 or 173. You pushed one ticket and won the other. You have won $90. ($100 minus vig)
4. The game can end at 169,170,171 or 172. You win both tickets and receive $190.
In our example, the worst that can happen is you lose $10. The best-case scenario has you winning $190, which is 19 times your risk.
The Catch
So what’s the catch? You need to know which way the line is going to move and if it will move at all. Let’s say you bet that OVER 168 and the line did not move. You are now playing the OVER 168. If you like this bet, there’s no problem at all. However, if you bet just hoping it would move, you now have a bet you don’t care for.
Next time you make a NBA basketball bet, pay attention to the line moves. You just might find a way to capitalize on it without risking much.
Sebastien Veilleux
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Typical House Edge
Roulette (EU) Single "0" Wheel
2.7%
Roulette (US) Double "0" "00" Wheel
5.2%
Blackjack
0.6%
Baccarat
1.23%
Craps
1.52%
Above is a rough guide only House edge can vary on different bets - and some systems will let you tip the Edge in your favour explore the site to find out more!!!
GLOSSARY OF TERMS
ANTE
-Forced bet placed by all players in poker before the cards are delt.
BANKROLL
-The total amount of gambling funds available to you.
CALL
- A Poker player matches the current bet on the table.
CHECK
-A player can check in order to stay in the game but not bet.
DOUBLE DOWN
-In blackjack, it is the players option to double their original bet in exchange for just one more card.
EVEN MONEY
- A bet that pays back the same amount wagered 1:1
FACE CARDS
-The jack, queen, and king cards - any suit.
HIT
-In blackjack, to take another card.
HOUSE EDGE
- The odds are slightly in the favour of the casino to ensure income for the casino.
KICKER
-An odd high card held that doesn't contribute to a straight or a flush.
MARKER
-An established line of credit between a player and casino.
PAY LINE
- The active line or lines on a slot.
POT
- The total amount bet during a poker hand the pot goes to the winner of the hand.
PROGRESSIVE
-A slot machine jackpot that get higher every game.
PUSH
-Drawn game / tied hand.
RAKE
- The amount of money casinos charge for each hand of poker.
SESSION
- Amount of time spent gambling at any game.
STEAL
-A win in poker won by bluffing.
TRIPS
- 3 cards of the same kind.
WILD CARD
-Card that can be used as another card to complete a hand - Normally a Joker.