Sports betting trends_ Enjoy making wagers while not losing cash
You might be wondering what the latest trend in sports betting is.
So you have a desire to put a bet on your favorite sporting event and team, however, you are a bit overwhelmed with all the gibberish talks of point spreads, betting odds, sports betting trends, handicaps, sports books and bookies. Just chill! Betting is enjoyable and we will prepare you to be ready so you can take part in the action. Before you try understanding sports betting trends, let me give you a short introduction.
At first look, you may think that betting on sports can be overwhelming. But in reality, the world of sports betting isn't that complicated.
How did the sports betting trend begin? The United States is where the entire business of gambling on sports began. It was well-known that the US and its colonizers enjoyed wagering on horse racing and cockfighting.
Gambling was originally a traditional past time in England which they brought over to the US. Gamblers loved racing horses in the 1800s. Betting on boxing matches were also a popular wagering game. However, sports betting really grew big and official when an American game - baseball - became popular and a national past time. There was also a rise in popularity for other games like basketball in the NBA or American football in NFL. These are now big time sports that have gained a lot of fans and a lot of money in endorsements.
Games like basketball and football have also attracted a lot of wagering through betting on odds. http://jeffreydonovanfans.com/how-to-increase-the-chance-of-hitting-the-jackpot-in-fantasy-5/ This practice of betting on odds is still set-up today and is known in the wagering world as "the money line."
The Point Spread and Where it Started
Gambling on odds, or the money line, is difficult because there are many mismatches. Many gamblers and bettors would place bets on the favorite team to win. However, it is not the same odds that the bookmakers desire. So how can everyone make money when everyone is betting for the Giants? So, the bookmakers developed another way to wager and what is now called point spread betting.
Point spreads give underdog teams a handicap by giving them points. Points as high as 20 can be given to a team that is facing a very strong opponent. If the Portland Trailblazers are going to be playing against the LA Lakers using a point spread system, they can get +10 points. If you're betting on the LA Lakers, then they have to win by least eleven points for the gambler to win his wager.
A point spread is meant to assist the bookmakers give a sense of balance in the sportsbooks and encourage more people to bet on the underdog team with the help of handicapping. Betting on the underdog, though, may be riskier, but this can bring bigger money so the sports betting trend is balanced. Moreover, the bookies earn money no matter which side has more supporters.