Las Vegas Betting: How to Make Money on Underdogs – Favorite Makes You How Much Money?

If you’re looking for a way to make some extra cash, you’ve probably considered putting your skills to work in the world of sports betting. Las Vegas sports betting is a popular way to earn a reliable income, especially since it’s somewhat legal in most places. If you’re looking to get started with Las Vegas betting, you’re in the right place. Keep reading for some valuable information about making money off the sports action in Sin City.

Make Money Off Underdogs

Underdogs win more often than not, so it’s definitely a lucrative approach to take in sports betting. While Las Vegas sportsbooks are always going to lean towards the favorites, taking the underdogs is always a viable strategy. There are hundreds of ways to capitalize on this theme, with some booksmakers offering a full array of props for the users to take advantage of. When you’re able to find a way to profit off an underdog, it’s usually wise to grab hold of it. One of the more popular routes is to take longshots (longer than 6.0) on the underdog, as it is widely known that most of these are going to win. Sometimes it’s a good idea to back the underdogs simply because there’s more money to be made, even if you have a bad feeling about them. One of the keys to a successful sports betting venture is knowing what sorts of bets to make and which ones to avoid, finding the right line and the right side of the market to place your bets on. A good sports bettor knows which games to avoid, as well as which ones to take a punt on, heading into the unknown. When it comes to Vegas betting, it’s all about knowing what works and what doesn’t, and being able to put it into practice. This is especially important when you’re just getting started, learning from the experienced veterans at the Top Sport Betting Sites. You can also find loads of information on betting strategies and tips on the internet, using sites like [betexplorer.com](http://betexplorer.com) or [gambling911.com](http://gambling911.com).

Learn About Football

It needs to be said that in order to understand how to bet on sports, especially in Vegas, you need to know something about football and how it functions. The most important thing to remember is that American Football is a different game than European Football. For those out there who know nothing about football, here’s an overview of what you need to know:

  • The field is 90 yards long
  • There are three downs to get a first down
  • Three points for a touchdown
  • Twenty points for a field goal
  • No extra points after a field goal
  • There’s a lot more rules

When you’re ready to get started betting on sports, either online or in person at a local sportsbook, follow these simple steps:

Sign Up With A Top Sportsbook

The first step to making money off sports is signing up with a top sportsbook. You’ll notice that most of the top-rated and biggest online sportsbooks are located in Las Vegas, so that’s a hint as to where you should be heading. When it comes to finding the best sports betting experience, one site that consistently scores high is [bleacherreport.com](http://bleacherreport.com). They’ve got a great betting interface, with lots of money to be made taking longshots on games. Another popular option is [betonline.com](http://betonline.com), which also has a ton of traffic and is expanding to other sports. [William Hill](http://www.williamhill.com) is another big option if you’re looking for an in-person sportsbook experience, with lots of money to be made taking longshots on games. Many people prefer sportsbooks where you can’t lose money, unlike the traditional method of betting where you can’t always predict with absolute certainty what the final outcome will be. When it comes to finding the best sportsbook for your needs, visit the above links and see for yourself which one is the best fit for you.

Learn About The Sport

Now that you have the best sportsbook in the world in your hands, it’s time to learn a little bit more about the sport you’ve chosen to wager on. First and foremost, make sure that you’re understanding the terminology correctly, as it can be rather tricky. When a team is dubbed an underdog, that usually means that they’re going against the ‘bookmakers’ odds’. The reason why they’re deemed underdogs is usually because they are considered to be poorly-equipped or inexperienced, lacking the required resources to compete with the more established teams. What you need to keep in mind though is that ODDs (Overdog Dead Dogs) are also profitable, so you could potentially make money no matter who you back. In most cases though, backing a team considered to be inferior to your side is a pretty safe bet and usually pays off handsomely. The key to profitable sports betting is taking advantage of the oddsmakers, knowing when to bet on either team and knowing how to calculate the right line to take. In order to do this, you need to familiarize yourself with certain terminology, most importantly:

  • The spread
  • The over/under
  • The point spread
  • The over/under points spread
  • The money line
  • The team’s record
  • The team’s rank
  • Teams that are ranked higher are considered to be superior
  • Teams that are ranked lower are considered to be inferior

The above should provide you with enough information to get a good understanding of the sport and how to make the most out of betting on it. From there, it’s simply a matter of implementing the above strategies and learning how to calculate the right line for your specific situation. If you’ve decided that football is going to be your sport of choice, then you’re in luck, as there’s a lot more information available online, than there is off. The above should just be a starting point though, as you’ll still need to learn how to bet, placing bets on either side and learning to calculate the right amount for your specific situation. The main thing is to have fun and make sure that you’re doing what you should be doing, which is betting on the underdog.