Month: December 2022

A vision to foresee what lies ahead several weeks or months from Day 1 of a major sports league is a gift every bettor desires if only to secure a huge payout for long-term investment on other betting options in sportsbooks. Some punters are way past the opening-day matches, the marquee matchups, and the start of a playoff season, as they place their bets on which team wins it all or who are the top players at the end of the tournament. Bookmakers have unveiled a futures bet option for bettors who believe they know who will emerge as the champion even as the season is about to start.
So, for the uninitiated, what is the concept of future bets, and how does it work?

BEST TEAMS LIKELY PICKED AS FUTURE BETS

The futures bet is described as a wager on an event, series, or award (for individual players) that will be announced in the future. It is, basically, about bettors placing their money on an event that will be decided on an end-of-season result and beyond games from the current day or week.In the NBA, punters look forward to predicting which team will win the championship even if the regular season has yet to start, or the number of victories a team will collect over the course of the season, to the player who gets to take home the Most Valuable Player award or other individual accolades as announced during the playoffs.Sports use algorithms or computer simulations to determine the odds of every team’s chances of winning the NBA crown – but this will be based mostly on their performances and statistics last season or major player acquisitions or trades that will create a huge impact in changing a squad’s fortunes in the new season.

HUGE PAYOUT GUARANTEED IN FUTURE BETS

Predicting which team wins it all in any major sport – from the NBA to NFL, MLB, and NHL – is no easy task even if sportsbooks guide bettors with odds based on past numbers, current lineups, and performance from the previous season. That is why punters are rewarded with a high payout once their predictions turn out to be correct at the season’s end.For example, most bookmakers believe the Golden State Warriors have an 18% chance of winning the NBA Finals. Such a percentage converts to betting odds of +456, meaning a punter wins USD456 on a USD100 bet.
But bettors might see the Warriors listed on their sportsbook at around +400, which results in a 20% probability – a number that is slightly higher than the chance oddsmakers actually think they have.

FUTURE BETS OFFER SEVERAL OPTIONS

Aside from predicting the NBA Finals champion, sportsbooks offer future bets as to which team will collect the highest win totals after the regular season, who will win the MVP award, and who among the freshmen claims the Rookie of the Year award.The Coach of the Year and Sixth Man of the Year awards are also offered as individual futures bets to punters, but most bettors are also interested in NBA playoffs futures that include how many games in a best-of-seven series it will take for a team to advance into the next round. Several choices are presented for a first-round matchup between, for example, the top-seeded Warriors against the No8 seed Portland Trail Blazers. Bettors will choose if they see the Warriors finish off the Blazers in 4, 5, 6, or 7 games at various odds, as well as the underdog Blazers in 4, 5, 6, or 7 games.

MULTIPLE PICKS CAN RAISE CHANCES OF WINNING

Punters with deep pockets often choose multiple teams, players, or entrants to win a futures bet due to the higher payout it offers. But bettors must calculate exactly how much they have at risk total and how much they stand to win at each selection before considering this strategy.The defending champion usually leads with the highest odds to defend their title among future bets. In this case, if the Milwaukee Bucks add one or two players and have a healthy lineup, their odds of retaining the title will surely increase. But bettors should not always fall on the hype just as the Bucks, for example, snatched Nikola Jokic from the Denver Nuggets and paraded an impressive frontline with MVP Giannis Antetokounmpo.For bettors who are loyal fans, sentiment won’t win you in a future bet. A punter should not bet on their favorite team to win the championship and instead choose the squad with higher odds of securing a huge payout. Just because you are a Los Angeles Lakers fan due to the presence of LeBron James, Anthony Davis, and Russel Westbrook, does it mean a higher payout is within your reach on a future bet. Picking the eventual NBA champion on a future bet will still be based on where a bettor believes there is value and where they can make money.

A vision to foresee what lies ahead several weeks or months from Day 1 of a major sports league is a gift every bettor desires if only to secure a huge payout for long-term investment on other betting options in sportsbooks. Some punters are way past the opening-day matches, the marquee matchups, and the start of a playoff season, as they place their bets on which team wins it all or who are the top players at the end of the tournament. Bookmakers have unveiled a futures bet option for bettors who believe they know who will emerge as the champion even as the season is about to start.
So, for the uninitiated, what is the concept of future bets, and how does it work?

BEST TEAMS LIKELY PICKED AS FUTURE BETS

The futures bet is described as a wager on an event, series, or award (for individual players) that will be announced in the future. It is, basically, about bettors placing their money on an event that will be decided on an end-of-season result and beyond games from the current day or week.In the NBA, punters look forward to predicting which team will win the championship even if the regular season has yet to start, or the number of victories a team will collect over the course of the season, to the player who gets to take home the Most Valuable Player award or other individual accolades as announced during the playoffs.Sports use algorithms or computer simulations to determine the odds of every team’s chances of winning the NBA crown – but this will be based mostly on their performances and statistics last season or major player acquisitions or trades that will create a huge impact in changing a squad’s fortunes in the new season.

HUGE PAYOUT GUARANTEED IN FUTURE BETS

Predicting which team wins it all in any major sport – from the NBA to NFL, MLB, and NHL – is no easy task even if sportsbooks guide bettors with odds based on past numbers, current lineups, and performance from the previous season. That is why punters are rewarded with a high payout once their predictions turn out to be correct at the season’s end.For example, most bookmakers believe the Golden State Warriors have an 18% chance of winning the NBA Finals. Such a percentage converts to betting odds of +456, meaning a punter wins USD456 on a USD100 bet.
But bettors might see the Warriors listed on their sportsbook at around +400, which results in a 20% probability – a number that is slightly higher than the chance oddsmakers actually think they have.

FUTURE BETS OFFER SEVERAL OPTIONS

Aside from predicting the NBA Finals champion, sportsbooks offer future bets as to which team will collect the highest win totals after the regular season, who will win the MVP award, and who among the freshmen claims the Rookie of the Year award.The Coach of the Year and Sixth Man of the Year awards are also offered as individual futures bets to punters, but most bettors are also interested in NBA playoffs futures that include how many games in a best-of-seven series it will take for a team to advance into the next round. Several choices are presented for a first-round matchup between, for example, the top-seeded Warriors against the No8 seed Portland Trail Blazers. Bettors will choose if they see the Warriors finish off the Blazers in 4, 5, 6, or 7 games at various odds, as well as the underdog Blazers in 4, 5, 6, or 7 games.

MULTIPLE PICKS CAN RAISE CHANCES OF WINNING

Punters with deep pockets often choose multiple teams, players, or entrants to win a futures bet due to the higher payout it offers. But bettors must calculate exactly how much they have at risk total and how much they stand to win at each selection before considering this strategy.The defending champion usually leads with the highest odds to defend their title among future bets. In this case, if the Milwaukee Bucks add one or two players and have a healthy lineup, their odds of retaining the title will surely increase. But bettors should not always fall on the hype just as the Bucks, for example, snatched Nikola Jokic from the Denver Nuggets and paraded an impressive frontline with MVP Giannis Antetokounmpo.For bettors who are loyal fans, sentiment won’t win you in a future bet. A punter should not bet on their favorite team to win the championship and instead choose the squad with higher odds of securing a huge payout. Just because you are a Los Angeles Lakers fan due to the presence of LeBron James, Anthony Davis, and Russel Westbrook, does it mean a higher payout is within your reach on a future bet. Picking the eventual NBA champion on a future bet will still be based on where a bettor believes there is value and where they can make money.

The lure of a potentially high payout usually attracts the minds of punters, especially if they want to place their money on multiple teams at the same time. The concept of a round-robin in sports betting may not be so different compared to the one used in sports tournaments. Yet, new bettors should fully understand its consequences before taking a plunge into such an opportunity.So how does round-robin betting work?

MULTIPLE BETS IN SPORTSBOOKS ENTICE BETTORS

If a round-robin in a sports tournament is defined as every team playing each other in its group, a round-robin in sports betting is compared to a series of smaller parlays created from an extensive list of bets.You may recall that a parlay centers around at least two or more bets or wagers linked together into one big bet. Every single bet that a parlay is composed of is called a leg. A bettor can have as many legs as he wants on his parlay. Sportsbooks now provide an option where punters can create a series of smaller parlays made up of their selected games.Round robin bets can be wagered in the same sport to three or more different sports. For example, a bettor likes three favorite lines composed of the Dallas Cowboys in the NFL, the New York Rangers in the MLB, and the Brooklyn Nets in the NBA.Bettors need all three of his teams selected to cover the spread if he needs to create one regular parlay. There is a sense of a security policy in round-robin betting, as punters can stay profitable even if one leg of the parlay fails. Bettors then create three different two-team parlays to get a payout instead of making a parlay where all three events need to be successful.

NO PARLAY ODDS CHANGE IN ROUND-ROBIN

There are some bettors who create parlays on one sport, meaning three teams in the NFL. A bettor identifies three NFL teams showing good numbers based on NFL odds, which are, for example:New York Jets +5 (-110)
Philadelphia Eagles -3.5 (-110)
Denver Broncos -1.5 (-110)Three two-team parlays will be offered to bettors under a round-robin bet instead of parlaying all three teams in one three-teamer. A payout on a two-team parlay on a USD100 bet would be +264, with standard odds for each game at -110. There are no changes in parlay odds when the round-robin bet is used. The odds on a two-team parlay are at +264, with each side listed at the standard online sportsbook odds of -110. Bettors must understand that each parlay will appear as an individual bet as they combine multiple teams in a round-robin parlay done on one ticket.

ROUND ROBIN FOR DEEP POCKETS, RISK-TAKERS

The potential for a higher payout also comes with the need for more money to spend and the higher risk of losing. That’s why new bettors must take it slow on multiple bets and study all details and consequences before taking on round robin bets. And having a deep pocket comes in handy, too.For punters with deep pockets who want to spend USD5 on a six-team round-robin bet using two-team and three-team parlays, get ready for 35 parlays for a total of USD175. The cost of four- and five-team parlays off a list of six teams will rise to USD280.Of course, bettors can start slow with just USD5 on each parlay – or start at USD1 or USD2. But there will be smaller payouts for such bets. Some bettors insert underdogs on the moneyline even if there’s no guarantee that one or all of them will win. But punters raise their chances of hitting a few of the parlays and getting some multipliers, thus diversifying their risks a little bit.

The lure of a potentially high payout usually attracts the minds of punters, especially if they want to place their money on multiple teams at the same time. The concept of a round-robin in sports betting may not be so different compared to the one used in sports tournaments. Yet, new bettors should fully understand its consequences before taking a plunge into such an opportunity.So how does round-robin betting work?

MULTIPLE BETS IN SPORTSBOOKS ENTICE BETTORS

If a round-robin in a sports tournament is defined as every team playing each other in its group, a round-robin in sports betting is compared to a series of smaller parlays created from an extensive list of bets.You may recall that a parlay centers around at least two or more bets or wagers linked together into one big bet. Every single bet that a parlay is composed of is called a leg. A bettor can have as many legs as he wants on his parlay. Sportsbooks now provide an option where punters can create a series of smaller parlays made up of their selected games.Round robin bets can be wagered in the same sport to three or more different sports. For example, a bettor likes three favorite lines composed of the Dallas Cowboys in the NFL, the New York Rangers in the MLB, and the Brooklyn Nets in the NBA.Bettors need all three of his teams selected to cover the spread if he needs to create one regular parlay. There is a sense of a security policy in round-robin betting, as punters can stay profitable even if one leg of the parlay fails. Bettors then create three different two-team parlays to get a payout instead of making a parlay where all three events need to be successful.

NO PARLAY ODDS CHANGE IN ROUND-ROBIN

There are some bettors who create parlays on one sport, meaning three teams in the NFL. A bettor identifies three NFL teams showing good numbers based on NFL odds, which are, for example:New York Jets +5 (-110)

Philadelphia Eagles -3.5 (-110)

Denver Broncos -1.5 (-110)Three two-team parlays will be offered to bettors under a round-robin bet instead of parlaying all three teams in one three-teamer. A payout on a two-team parlay on a USD100 bet would be +264, with standard odds for each game at -110. There are no changes in parlay odds when the round-robin bet is used. The odds on a two-team parlay are at +264, with each side listed at the standard online sportsbook odds of -110. Bettors must understand that each parlay will appear as an individual bet as they combine multiple teams in a round-robin parlay done on one ticket.

ROUND ROBIN FOR DEEP POCKETS, RISK-TAKERS

The potential for a higher payout also comes with the need for more money to spend and the higher risk of losing. That’s why new bettors must take it slow on multiple bets and study all details and consequences before taking on round robin bets. And having a deep pocket comes in handy, too.For punters with deep pockets who want to spend USD5 on a six-team round-robin bet using two-team and three-team parlays, get ready for 35 parlays for a total of USD175. The cost of four- and five-team parlays off a list of six teams will rise to USD280.Of course, bettors can start slow with just USD5 on each parlay – or start at USD1 or USD2. But there will be smaller payouts for such bets. Some bettors insert underdogs on the moneyline even if there’s no guarantee that one or all of them will win. But punters raise their chances of hitting a few of the parlays and getting some multipliers, thus diversifying their risks a little bit.

Before every game, things that mess up betting lines often occur occasionally. It could be in the form of injuries, substantial roster moves, or personnel changes, it doesn’t matter. All of it gravitates towards one thing, a change in betting lines. In light with this, bettors are given a chance to “middle” a point spread of a bet. But, what exactly is a middle, and how does it work? Middling or middle is one of only numerous betting strategies that bettors use to take advantage of an adverse situation. Simply put, a middle is when a bettor wagers on two opposing teams from the same bet after the line has moved. Middling usually means having a blanket that could minimize losses and maximize gains.Middle opportunities in a bet only arise after a line has moved following the placement of the original bet. For example, you bet on the Dolphins to win +7.5 against the Jaguars, However, an injury to their QB has moved the line down to +6.5. In line with this change, You can take the Jaguars to win and bet anew as the underdogs in a 3-point spread game. The payouts would differ, but it is almost always guaranteed to cover one bet. And in a situation where the Dolphins win by exactly 7 points, the bettor outright wins by hitting both bets. Is it profitable? Frankly, it all depends on the bettor and the sport itself. The bettor’s success through middling is often determined by the frequency or the number of times he uses the strategy. Though, just like betting, there is no clear sign that explicitly shows that the success in middling is parallel or inverse to its frequency of use. Moving sports betting lines doesn’t mean the end of the world because the cradle of keeping your losses to a minimum called middling exists. However, it doesn’t mean that one shouldn’t brag about their bet and just rely entirely on these kinds of betting strategies. In the long run, the research and the cerebral bettors would prove more beneficial and earn everyone more money than just by relying on strats.

Gambling is arguably the most polarizing activity in existence. Tying together luck, trust, and sheer determination, even a beggar could turn into a millionaire overnight. Though that isn’t always the case, for the most part. Most gamblers lose all of their money, get bankrupt, be buried in debt, and just fall further into their gambling addiction before they even get a chance to accrue a record of winning bets. Thankfully, the latter case is rare in sports gambling. And it is plausible that one of the leading causes of this is the bonuses provided by sports bookmakers, and an example of those and the focus of this article: Risk-Free Bets.

What is a Risk-Free bet?

A risk-free bet is a type of wager that rewards bettors even if their bet or bets fail to cover. It usually takes the form of site credits or a freebie bet. If a bookmaker offers a site credit as a Risk-Free bet, this means that you get the initial money that you wagered plus the winnings on the winning bets. Meanwhile, in Free bets, a bettor only either gets back his initial stake or earns his winnings. In light of these, it is obvious that site credits are the better form of Risk-Free bets as you could earn more money whilst having the same level of risk, though, at the end of the day, all depends on the offers of your bookmaker.For example, a bettor wagered 50$ on the Jaguars +100 to cover the spread against the Colts. In a site credit scenario, if the bet hits, you get back your 50$ wager in addition to the 100$ winnings. On the other hand, If the wager is done through a freebie, you only get the 100$ winning and not the 50$ that a bettor has initially staked.

How do you pick bookmakers that offer Risk-Free bets?

For a bettor to determine what bookmaker dishes out the best offers in terms of Risk-Free betting, they must take three things into utmost consideration. First is knowing what type of Risk-Free bet that their bookmaker usually offers. As mentioned earlier, it is better if the Risk-Free bets come in the form of site credits or more commonly known as cashback. Next, bettors should look for bookmakers that offer the highest maximum in Risk-Free bets. The explanation for this is quite straightforward because there is much more to earn on bigger bets at the same level of risk. And last and the most important, the odds. No matter how high the maximum is or how better the type of risk-free bet is, everything just gets thrown out of the window if the odds offered are appalling.

How are Risk-Free bets beneficial?

Risk-Free bets are already beneficial by the nature of being a freebie that lets a bettor wager without the risk of losing money. In light of this, a bettor can use Risk-Free bets to build up enough bank that they could use in other bets that wins them more money. Besides that, it also gives an enormous ego boost to bettors on their bet resulting in them wagering more and the bookmakers boosting their monetary profit. And conversely, it curbs and draws the self-defeatist picture of capitalistic bookmakers by being customer-friendly. Risk-Free bets are what bettors would consider god’s grace in betting. If you view it in a certain way, it’s literally free money. And even though chances only come few and far between for bettors to win such bets, it wouldn’t hurt bettors to wager money that they would eventually get back.