You have already mastered the basic odds, betted on favourites early, didn’t underestimate the home underdog and watched the bookmaker’s advantage. But what else can you do to win even bigger at online sports betting? Our seasoned pundits shared two strategies that they use regularly to maximise their chances.
Fading the public is another name for this approach, which essentially involves betting against the majority of the betting public. Because the majority of the public bets on the favourite, this technique is also known as “betting against the public underdog.”
The essential point to remember is that oddsmakers do not set odds and lines simply based on their predictions for the game’s outcome. To protect themselves from a potentially enormous loss, sportsbooks also want roughly equal action on both sides of a bet. Frequently, the bulk of the public backs the favourite, or the squad that has received the most media attention. Because everyone is betting on the favourite, the sportsbook must shift the line in favour of the underdogs to get more people to bet on them.
Knowing when the public is pushing a line gives smart bettors an advantage because the line moves in relation to the amount of money coming in rather than the game’s expected final score. As a result, you can wager in the opposite direction and win additional points on the point spread or extra pennies on the dollar when betting on the moneyline. You must pay great attention to line movements in order to fade the public. When the line moves in favour of the underdog, it’s a good indication that the public is siding with the favourite. There are other free internet services that can give you the action distribution on individual bets.
When a bettor makes an early point spread wager only to see the line move later, this is known as middling. When you’re line shopping and come across a slightly different point spread for the same game, you can come upon a decent opportunity. You can place an opposing bet to your initial bet and sometimes win both by taking advantage of the line change.
In this example that will give you a better idea, you place a point spread wager on a club with a -7 point spread in an NFL game throughout the week. On game day, the point spread moves to -10 after you’ve placed your wager. This can occur for a variety of reasons, including the betting public placing too much money on the underdog, as well as injuries or other player factors. In this scenario, you may now bet the +10 underdog to wager the centre. You win both bets if the favourite wins by exactly 8 or 9 points. You’re essentially aiming for the “centre” of the two wagers. You also have assurance since if the ultimate winning margin does not lie in the “middle” of your bets, one of them will win while the other loses, thus cancelling out the other.
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