Welcome to The School of Sports! In this article, we will teach you the ins and outs of betting on sports. Whether you are interested in making some extra cash or just want to learn more about betting, this article is for you. Take a look at this seasons NFL odds to get started.
This years NFL odds are pretty strong and if you are looking to place a bet this season, here are a few reputable sites that have NFL bets on the menu!
Bovada (formerly known as “BoDog”)
Bovada is one of the more popular betting sites that also has a sportsbook, which makes it a little more convenient for daily bettors. You can access their sportsbook from any device, which is great for those who want to place bets on the go. They offer a wide variety of betting options, including the recently added NHL betting, making it the perfect place to spend a little money and learn more about betting. Below we will discuss how to place bets at Bovada:
Create an account.
If you have a working account at Bovada, you can use that to create a new account or log in. You will need to provide some personal information, which they will keep private. After you create your account, you will be asked to confirm your email address, which they will use to contact you about your account. They offer a 100% bonus up to $500 when you make your first deposit. You can read our full Bovada review here.
Make your first deposit.
To cash out your winnings, you will need to make a first deposit. For newbies this can be a little tricky, as you don’t want to risk losing your deposit. Luckily, Bovada has you covered. If you are looking for a safe place to make your first deposit, they will freeze your winnings for 30 days, which you can use to cash out whenever you want. After you cash out your winnings, you will need to make another deposit within 7 days to keep your account active. If you don’t make the deposit within 7 days, your account will be closed and your winnings will be deleted. You can read our full Bovada review here.
Use coupon “Code SAVE10” to get 10% off your first deposit!
If you are looking for a place that gives you sweet discounts, check out Bovada. To take advantage of their special offers, you need to be sure to enter the “Code SAVE10” when you make your first deposit. After you enter the code, you will see a 10% discount on your first deposit. Another way to get this reward is to make a purchase of $100 or more before you make your first deposit. This will give you a 10% bonus, which you can cash out within 7 days.
Betting Basics
Now that you’re all set up with an account at a reputable sportsbook, let’s talk betting basics. First off, make sure you’re familiar with the betting terminology. If you’re not sure what certain terms mean, click here for a glossary of sports betting terms. Once you’re familiar with the basics, you can dive into more complex ideas. For example, if you’re not sure what an over under is, you can look it up in the glossary but don’t feel bad if you don’t understand it right away. Just keep practicing and soon enough you’ll be able to bet with any sportsbook in the industry.
Understanding Odds & Betting Strategies
In every sport there are terms that mean different things. For example, in hockey the puck is said to be “in” the net when it is completely inside; however, when it is near the edge or just sitting on the ice, it is called a “possession”. Another example is in tennis when a ball is “in” the play, but once it bounces away it is considered “out”. This can be a little tricky to understand, especially if you’re not familiar with the terminology, but once you learn to recognize these terms and understand their meaning, you’ll be able to apply them to any sport.
The Mathematics of Betting
Knowing the mathematics behind betting is important. Most people, when asked to explain betting, will simply say that the house advantage is too great to ignore and that it’s mainly a matter of probability. While this is true, there is a lot more to it. The probability of an event, such as a game outcome or a roll of the dice, is determined by using a formula that includes the odds. To put it simply, the odds are the percentages of winning versus losing. For example, if you bet on a game between the Chicago Bears and the Green Bay Packers and the Bears win, your odds of winning are 2 to 1 or 1.2 to 1 (2/1 is short for “2 to 1” and 1.2/1 is “1.2 to 1”). When you win a bet, you will need to calculate how much you won or lost using this same formula: (Symbol) (Odds) = (Amount) After you determine how much you won, you can decide whether or not to keep playing or to cash out your winnings.
NHL Hockey Betting
NHL hockey is one of the more popular sports in North America and much of Europe as well. The National Hockey League is the top professional league in the world and one of the most popular winter sports. Below we will discuss some of the rules and strategies for NHL betting.
Fixed Matches
Sometimes it can be difficult to determine the outcome of a game, especially since a lot of the scoring is done in the final minutes. In these cases, it can be beneficial to bet on a “fixed” match, which means that the outcome of the game has already been decided. For example, if the San Jose Sharks are playing the Colorado Avalanche at 7:00 PM on Saturday and you know that the Sharks will win, you can bet on San Jose – Colorado 7:00 PM to earn 7:00 PM odds (this is the preferred time frame for “action” as they call it at the bookie’s). If you want to stay in the know, you can check their odds and watch the game with a beer in hand.
Over/Under
An over/under is a type of wager where you predict the total number of goals that will be scored in a game. For example, if you bet over 14 goals, you are saying that you think there will be at least 14 goals scored. Similarly, if you bet under 14 goals, you are saying that you think there will be 14 or fewer goals scored. It can be a little difficult to figure out exactly how much you will win or lose on an over/under bet, but most sportsbooks make it easy to find out. Simply look up the teams and the specific game you want to bet on in the weekly odds section and you will see the total number of goals that will be scored.
Goal Lines
One of the most basic and fundamental concepts in sports is the goal line. Simply put, the lines are the sidelines in sports, which means that anything that happens in between the goal posts does not affect the game’s outcome. When placing a bet, you must keep in mind that the line never moves; if the ball crosses over a goal line, it is considered a touchdown (or score). If it remains below the line, it is considered a field goal (or less).
Martingale
A martingale is a type of betting where you try to win back your losses, which is usually performed with the use of a linked chain, with each member of the chain betting on the outcome of the previous bet. In a nutshell, the martingale system is used to even out the spread (the difference in price between winning and losing bets) and, as a result, limit your losses. To continue with our previous example, if you have wagered $100 on the San Jose Sharks and they won, you would need to bet $101 to win $100 (two members of the chain). If they lost, you would need to bet $99 to win $100 (one member of the chain). You can read more about the use of the martingale system in online sportsbooks here.
As you can see, while it is a very handy tool for people who want to limit their losses, the martingale system can be problematic because it requires a great deal of discipline. It is not for everyone.