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

FAQs

Is it smart to bet the moneyline? ›

Often, it can be advantageous to bet a team on the moneyline and the point spread, especially if you're betting on the underdog. If the team wins outright, you'll win both bets; if they lose outright but cover the spread, you'll walk away a small winner (or small loser) while still taking a shot on an outright win.

Betting Against the Public is one of the most popular and simplest methods used by Sports Insights members. The logic is simple: always consider betting against the public. Whichever team the public is loading up on, simply bet the other team. There is a reason why sportsbooks are in business.

While a favorite has popularity, it also often has a low payoff; most often a $3-$6 range for a $2 bet. However, there's good news for your horse betting strategy: Favorites win about 40 percent of the time in American Quarter Horse racing.

Most experts agree that some horses are so good that the jockey can be irrelevant or have little influence; however, there are times when a jockey can take a great horse and the combination leads to an even better outcome than anticipated.

NFL moneyline betting FAQs

How often does the moneyline favorite win in the NFL? 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 are looking for a long-term strategy to make money betting, hedging is one of the better strategies. While it's not the best way to maximize profit, hedging when done the right way is a great strategy to increase probability of ensuring a profit and minimizing losses.

Signup Offers & Bet And Get Offers

These types of offers allow you to cover all outcomes of your bets to avoid losing any money. You can do this by placing a qualifying bet to lock in a very small loss using your own money and then using the free bet you qualified for to lock in an overall profit for the offer.

Over 1.5 goals

An extremely popular bet type alongside over/under 2.5 goals. In this case, the chances of having at least 2 goals in a game are quite high, therefore, the odds will also suffer being quite low. It is a type of bet that is based on both statistics and an appreciation of the form of offensive players.

If you're certain a particular horse will win but have no idea which runners will finish second, third, and fourth, a win bet might be the smartest play. If you're confident you can predict the top three finishers of a race in order, a trifecta is the way to go.

What is the easiest bet to win in horse racing? ›

The easiest of the so-called exotics to cash on are the EXACTA (pick the first two finishers in one race in exact order) or QUINELLA (pick the first two finishers in one race in either order, though this bet is not widely available), and the DOUBLE (picking the winner of two consecutive races).

In conclusion, the most profitable horse racing strategy is value betting. It involves identifying discrepancies between a bettor's estimation of a horse's chance of winning and the odds provided by the bookmaker. By taking advantage of these apparent errors, bettors can maximize profits with higher chances of winning.

A favorite amongst seasoned bettors, the trifecta serves as the biggest payout in horse racing but is also one of the most difficult to hit. It's similar to the exacta but with a much harder twist. Betting a trifecta means picking the three horses to finish first, second, and third.

There are 37 or 38 positions on the wheel, and betting on any given space pays out 36:1. If you make a bet on every space on the board you'll lose money every time. It's mathematically impossible for you to make money in that way.

They're not allowed to place a bet of any sort on a horse that is taking part in a race during a meeting that they're working at. That's the same rules as apply to amateur jockeys. It's all part of the BHA's rules on integrity in betting practices, which must be obeyed by everyone involved with the sport.

As a result, the potential payouts can be vastly different. If you are betting on a sizable favorite, betting on the spread will offer a higher payout. But if you are betting on an underdog, betting on the moneyline will offer a higher payout.

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 numbers (in American moneyline odds) are reserved for the favorite on the betting line and indicate how much you need to stake to win $100. Conversely, positive numbers are attached to the underdog and refer to the amount you could win if you bet $100.

Moneyline betting explained

To make a moneyline wager, simply pick who you think will win the game. Let's say the Detroit Lions are playing the Green Bay Packers, and you think the Lions will win. In this case, you'd place a moneyline wager on the Lions. If the Lions win the game, you win.