If you’re looking to enter the sports betting world, you’ll soon learn that there are several key terms and phrases you need to know. One of the most important of these is ‘total’. To put it simply, the total is the total amount you’ll need to wager to secure a successful sports bet.
You’ll hear people talking about ‘under’ and ‘over’ betting. The concept of betting ‘under’ or ‘over’ a certain amount of money is straightforward. If you bet ‘under’, you’re only wagering what’s been set as the limit. If the line item you’re observing is +140, you’re going to win £140 if the football score is 2-1, but you’ll only gain £30 if the final score is 3-2. This is known as ‘teasing’ the outcome of a game. Try not to do this as much as possible. It’s not very ethical. But in cases like this, it’s acceptable to ‘tease’ the line a little bit.
On the other hand, betting ‘over’ a certain amount means that you’ll be awarding yourself an extra, or in some cases, a reduced amount of money, no matter what the ending score is. For example, if you bet £5 on a football match that ends up finishing as a 1-1 draw, you’ll end up paying out £10. You might think that this is a risk worth taking if the match is very high-scoring. But it’s generally not a good idea to bet ‘over’ a certain amount in most cases.
Why Should You Care About The Total?
To put it bluntly, there’s no need to. This is something you’ll learn quite quickly if you begin your career in online sports betting. If you’re placing a bet using a credit card, the betting site will almost certainly charge you additional fees for doing so. These fees can vary from £1 to £5 per day, or £10 to £20 per week. Some of these fees are disguised as ‘convenience fees’, but they’re actually just looking to make a profit off of your enthusiasm to bet on sports.
The key takeaway from all of this is that the total is something you can always call upon if you wish. When placing your bets, make sure you do so using the exact same terms as the bookmaker. While this might seem like an unnecessary step, it can also help to clarify any misunderstandings that might arise. Some bookmakers might use a strange calculation to work out the total, or they might use an incorrect option when setting your wager. By using the same terms and conditions, you’ll ensure there are no mistakes made when processing your bet. Of course, these are just examples, and they don’t represent any wrongdoing by the bookmaker. They simply want to make a profit off your wager, so don’t give it a thought. Just follow the instructions and you should be fine.
How Do You Calculate The Total?
If you’ve read this far, you might be wondering how exactly you’re supposed to calculate the total. This, again, is easy. Simply add up all the lines you’re wagering on, and the total should be fairly obvious. Some football betting books might have thousands of lines in them, which can make things a bit messy. If you find this situation perplexing, just keep adding up the lines until the total is in sight. Don’t worry too much about it though. If you did everything correctly, the total should be fairly easy to compute.
As I mentioned above, credit cards will almost certainly charge you additional fees if you use them to place bets on sports. These fees vary from £1 per week to £20 or £25 per month, with the average being around £15 or £17 per month. Aside from the fact that these are hidden charges, they’re also a very poor use of your money. If you decide to continue using credit cards to place your bets, simply find a trustworthy bookmaker that does not nickel and diming you with hidden charges. This way, you’ll be sure to get the best possible experience without feeling like you’re being cheated. Just be sure to do your research before making any kind of commitment. You might end up finding a much better option that doesn’t require you to use a credit card.
When Should You Cash Out?
After placing all your bets, you’ll need to decide when it’s time to cash out. Unless you have a very good reason to keep your money on deposit, you should probably take the money you’ve earned and leave. Remember: you’re not supposed to be keeping any of this money. On the contrary, you’re supposed to be using it to gamble. Once you’ve used it to place your bets, it’s considered to be ‘acceleration’ money, and you should feel free to spend it as you wish. But betting, as I mentioned above, is generally a losing proposition.
The key takeaway from this is that you should try to avoid using any of the money you’ve earned from betting to place more bets. Chances are, you’ll eventually lose all of it. And if you continue this way, you might find that the urge to gamble outweighs any sensible considerations. In this case, you’re probably better off not using the money at all than risking further loss. It might be tempting to try to ‘trade’ your earnings, putting on one winning bet after another. But the problem with this approach is twofold. First of all, it’s extremely risky. And secondly, even if you do manage to pull off a winning streak, you’ll eventually end up losing all the money you’ve earned. Don’t do this. The longer you play, the more you’ll lose. And it won’t be easy to regain what you’ve lost. Above all else, avoid using this money to gamble with. If you want to keep your money, put it in a safe place and don’t touch it. Not even a little bit.
When Should You Avoid Placing Bets?
On the subject of when you should avoid placing bets, the answer isn’t as clear cut as you might think. After you’ve earned a certain amount of money, it usually makes sense to take a break from placing bets, especially if you’re using a credit card. You don’t want to overextend yourself financially, especially if you’re trying to avoid any kind of debt. At the same time, you don’t want to deprive yourself of the chance to win either. So, it’s a matter of finding the balance between winning and avoiding further loss. This is something you’ll need to consider for each individual bet you make.
When Should You Avoid Shopping?
For the same reason as above, when you’ve earned a certain amount of money, you shouldn’t be buying expensive items. This includes not only items related to sports, but also items that might be seen as ‘extras’ by the bookmaker. For example, if you’re watching a concert and the band announces a 15 minute break, you’ll need to stop what you’re doing and get a drink. If you have tickets for the match but decide to go to the bathroom before the start, you’ll need to settle the tab with the ticket vendor. These are just some of the things you might need to consider, so you don’t end up spending more than you can afford. Not only is this not fun, but it’s also not smart financially.
More Than Meets The Eye
If you’ve made it this far, I assume you’re either a) a lifelong sports fan who’s always wanted to try their hand at betting, b) a person who’s recently discovered the joys of sports betting and is looking to indulge themselves, or c) someone who’s never given much thought to sports betting but has read enough articles to understand what it is and how it works. If you’re reading this and thinking about entering the world of sports betting, I have some good news for you. There are many opportunities out there, and they don’t all require you to bet on sporting events. Many bookmakers offer a broad range of opportunities for people just like you who want to make a quick buck without risking too much. These opportunities range from daily fantasy sports to betting on the world’s biggest sporting events. And best of all, many of these opportunities don’t require you to use a credit card. This means you’re guaranteed to get your principal back, with some extra money in your account. No credit card needed!