The first week of October is upon us, which means that the start of the regular season for the NFL, NBA, and NHL has arrived. At this point, you might be thinking about sports betting, especially since the majority of the major sports leagues have now wrapped up their seasons. You might be wondering when does sports betting in Michigan start and what are the odds of winning? Let’s take a quick look at when sports betting in Michigan officially begins and what the betting odds are like in October compared to other months.
When Does Michigan Sports Betting Start?
The start of the regular season for the NFL, NBA, and NHL is celebrated as the start of sports betting in Michigan. Therefore, you can technically place bets as early as the first Thursday of October. However, since many bookmakers count the day before as the first day of the month, be sure to wait until then to place your bets. In addition to early bets, a lot of online sportsbooks also offer some great daily bets, which you can place right at the opening of the books. The following is a guide on when does sports betting in Michigan start and how to place winning bets.
NFL, NBA, And NHL Regular Season Starts In October.
For people in the United States, football, basketball, and hockey are the most popular sports. Therefore, if you are looking to get in on the action, you will need to focus on these leagues. Unfortunately, October is also the part of the year when these sports are played the least, which means your odds of winning will be lower. However, this is mostly due to the league schedules being staggered, as they have different start times throughout the year.
The NFL regular season starts in September and ends in February. It consists of 16 weeks of action, where each team plays twice within the span of the season. Therefore, you will not be able to bet on NFL games until after the end of the NFL season in February. The same goes for the other two sports, where the NBA and NHL seasons also consist of two separate parts, with the second half being played in the summer.
One big advantage of placing bets on teams that you think are capable of winning is that you will give yourself the opportunity to bet on NFL, NBA, and NHL games at any point within their seasons. For example, if you are a Canadian football fan and you think that the Ottawa Redblacks are going to end their long title drought in the coming weeks, you will be able to place a bet on them before the end of the season.
The Playoffs Start Shortly After The Regular Season Ends.
The three major sports leagues have a postseason that follows the regular season. The NFL playoffs start immediately after the end of the regular season, which means you will not be able to place bets until after the conclusion of the first round of the playoffs in January. The same goes for the NBA and NHL playoffs, which start in the middle of October and end in February.
The advantage of placing bets on teams that you think are capable of winning is that you give yourself the opportunity to place bets on any point within the postseason. For example, if you are a Toronto Maple Leafs fan and you think that they have what it takes to make it to the Stanley Cup finals, you can place a bet on them before the end of the first round of the playoffs.
Overall Odds Of Winning Are Lower In October.
October is one of the slower months in sports betting as a whole. This is because there are fewer games played and less money wagered on those games. In fact, the overall odds of winning are lower in October compared to the other months. However, this does not mean that you will lose every time you bet. The key is finding a suitable betting strategy that suits you and your needs. If you can do this, you will be able to have some degree of success, even in October.
One way to improve your odds of winning is by narrowing your betting scope. Just because the overall odds of winning are lower in October does not mean that you should only bet on that reason. There are still plenty of teams that you can bet on in October that have good odds of winning. Alternatively, you can consider increasing your wagering money or lengthening the odds of your wager. The choice is up to you. Just remember that lowering your wagering amount can also improve your odds of winning, so be sure to factor that into your decision-making process as well.