SportsBooks & Line Shopping
PRO INFO SPORTS clients are strongly urged
to have more than one sports gaming source in order to shop for
line value. This simply means taking the most advantageous
position on every sports investment opportunity. Today there
are numerous offshore sportsbooks, providing the
opportunity to obtain multiple sports
odds, and thus increasing the potential for a
positive return.
Posted pointspreads can differ by a point or more on the
same game, because lines are intended to evenly divide the
wagering public's opinion and, thus, their money. When a
sportbook begins to receive more money on one side of a game
than the other, they will likely move their line; however, due
to the fact that there are so many gambling
sportsbooks now, some houses may not receive as big of an
imbalance of money as others, resulting in different lines for
the same game.
Simple mathematics can easily establish the importance of
"line shopping" or finding the best sports odds, as it
can ultimately provide the difference between a profitable or
losing week, month, or season. Random selections on 100 games
should theoretically yield 50 wins and 50 losses. Assume for
demonstration's sake that 1 unit was wagered on each game. The
result would be a net loss of 5 units due to the "vigorish"
service fee taken by sportsbooks on each wager; however, if
just FIVE of the defeats were within a point or two of the
wagered line, and could have been won simply by finding a
better pointspread, the result would be a 55-45 record and a
net profit of 5.5 units. This is a reversal of more than 10
units on just a small number of events and with very
conservative wagering. Even a half-point can be the difference
between a win and a push or a push and a loss. Extrapolate the
numbers over the course of a season with a more aggressive
money
management strategy and the gains are compounded
dramatically.
Checking sports
gambling odds at several sportsbooks is an
absolute necessity and can be done much more quickly now
than before the days of the Internet. PRO INFO
SPORTS provides multiple live lines on our
Sports Handicapping Services -
Sports
Odds, Scores & News page.
As with any industry there are unscrupulous types to watch
out for. Most of the offshore countries where sportsbooks are
located require certain terms be met before they grant a
license. Also, some countries are now beginning to legalize and
regulate online gaming, the same as they do for other
industries. Take your time in deciding who you will sign up
with. Do your research on the various sportsbooks rules,
promos, etc., to see if they meet your needs, and keep up to
date with the latest sportsbook
news.
Once your sportsbook accounts are funded, you are ready to
find the best sports odds and put our handicapping
and money
management strategies to work for a rewarding and
enjoyable sports investment venture with our
Sports Handicapping Services.
|