It might sound like a cliché, but nobody truly knows what the future holds in store. Thanks to the power of the internet, rumors of upcoming events, launches, and trends can spread like wildfire, leaving many confused as to what is happening and whether or not they should buy into it. One of the biggest trends these days is the surge in popularity of betting on the stock market. Since the beginning of this year alone, there has been a 350% increase in searches relating to market betting. As the economy slowly recovers, more and more people are looking for ways to take advantage of market fluctuations and make some extra cash. The +110 phenomenon, a play on the +100 and +110 soccer odds offered by online bookmakers, has become a phenomenon in and of itself. Here’s a primer on what +110 means in betting, why it’s so attractive, and whether or not you should be concerned about its growing popularity.
What Is +110?
To anyone who has ever placed a bet on the stock market, it might come as no surprise that the odds for the most part are always in favor of the home team. The same can be said for sports betting, where a sports bookmaker will always take your money and give you the opportunity to win money on an event you have no chance of affecting. With market betting, however, this is no longer the case. Online bookmakers now offer plus-odds betting, which means that there is an additional payout if the market moves in the right direction. This is a far more attractive proposition for anyone who wants to make money but doesn’t have the time to watch the markets closely or study up on the latest trends and news.
Why Are These Odds Always In Favor Of The HOME TEAM?
The odds in favor of the home team are not necessarily a bad thing, as long as you realize that you are playing against the odds. Even in a game of roulette, which is one of the most popular games to place a market bet on, the house edge is in favor of the casino. It means that even though you may be getting an excellent return on your investment, the operator of the venue is still making money off of you. The same concept applies to sports betting and market betting. When you place a bet on the Lakers minus-the-spread, you’re essentially playing against the spread and bookmaker’s commission, not the home team. For this reason, these odds are often in favor of the home team, but it doesn’t matter how good the odds might be, you’re still losing money in the long run.
Is This A Game You Should Be Playing?
The short answer is no. Just like any other risky investment, market betting is only worthwhile if you are certain that you can make good use of the information you are obtaining and apply it to real-world situations. Before you even consider putting money into market betting, make sure that you understand the following:
- The investment is relatively high Risk. You’re essentially putting your money on the line, and there’s no guarantee that you will make money back. Yes, this might mean that you could make easy money in the short term, but in the long term, you are more likely to lose than to win.
- You need a good amount of money to make a difference. If you’re looking to make a quick profit, you might consider trading forex or CFDs (contracts-for-difference) instead, where you’re not committing large sums of money to one game.
- The information you are obtaining is mostly irrelevant. The last thing you want to do is bet on a game you have no knowledge of. It’s not like you have the option of playing it by ear and guessing the outcome. The more you know about the game, the better you’ll be able to determine whether or not you will win.
- There is always another option. If you’re feeling adventurous and want to give market betting a try, go ahead. Just be sure that you’ve done your research and that you’re aware of the pitfalls that come along with it.
Is This A Game You Can Make Money On?
Although the short answer is yes, the long answer is perhaps not. While you might get lucky and win some money on a bet, the truth is that you’re more likely to lose than you are to win. The key to making money is not to bet on games and sports that you know nothing about. Unless you are taking part in a wager where you completely understand how the game is played, it is probably a bad idea to put money on it. It’s one thing to lose money on a game or sporting event you’ve never heard of, it’s another thing to lose money on a game or sport you’ve followed and studied extensively. Most people who bet on sports do so because they enjoy gambling or because it’s something different than what they usually do, but if this is a behavior you are looking to indulge in regularly, you might want to consider studying up on the game first and risking less money on those you know and love. Some books can be downright expensive, but they contain a wealth of information that can help you understand the game better and therefore improve your odds of winning. If this is something that interests you, take some time to read up on sports betting strategies before you dive in.
Is This A Game That Is Actually Worth Playing?
Yes, if you’ve researched the game thoroughly and feel confident that you understand everything there is to know about it, then yes, it’s definitely worth playing. The truth is, even though there is a slim chance that you might make money off of your investment, the opportunity to make real money is not something you should take lightly. If this is a game you might consider investing in, do so only if you’re feeling very lucky indeed. Just remember that the house always wins in the long run, no matter what, so even though you might make a profit in the short term, you’ll still end up losing money in the long term. If this is a possibility that intrigues you, then take some time to study up on the game before you put any money on it.