Why There Are Two Spreads on Your Sports Betting Website

You have probably seen many online sportsbooks but have you ever noticed there are usually two different prices for the same match? More and more frequently, you will see the line moving in favor of the home team or the team that is a few points ahead in the standings. This phenomenon is known as the “bleeding”. It’s pretty common when you compare the lay betting odds against the bet365 odds, for example. So what gives?

Lay Overnight Odds Are Typically More Attractive To Bettors

The biggest difference between the two sets of odds is the lay odds. For the lay person, sports betting is usually a pastime or a way of life. You are there to have fun and win some money. The fact that you can lay down a bet with a single click without having to place a bet first, and the ease of doing so online, has made it more attractive to the general public. One of the many reasons why you will see two spread prices is because many bookmakers will wait until the lay public has “taken a bite” out of the action before they adjust the odds in their favor. It’s kind of a race against the clock as far as the lay public is concerned. Those that put their money down first are sometimes referred to as the “traditional” sports bettors. However, it’s not always the case.

Short-term Odds Are Generally For Bargains

While most bookies will raise the prices on their odds after a bit of a battle, there are others that will cut them in order to attract more customers. Bookies will often give you the odds for popular matchups or matches that are expected to draw in the crowds. For instance, the Cleveland Browns vs Pittsburgh Steelers game has always been a popular one among football fans. And raising the price on that match would certainly get a lot of attention and draw in a lot of new customers. Most bookies will not do that though because they do not want to lose business due to lack of interest from the general public. Therefore, you will see a lot of short-term pricing on many sports betting websites. Simply put, you have to make sure you look for the “best value” when laying down your bet so you do not get trapped by a bookie that raises their prices abruptly. So while you may want to lay down a wager on the Browns vs Steelers match, it might not be the best idea altogether.

The Rise Of The Online Gambling Industry

If you are a baseball fan, you probably already know that MLB games often start at 4:00 p.m. EST or 5:00 p.m. PST. With the 2020 MLB season just around the corner, you probably want to get your baseball betting started as soon as possible. But if you are like most people, you will not know what time zone your favorite team is in or which way the sun is going to be that day. This makes it hard to place a meaningful wager especially online. But fortunately, the online gambling industry has made it easier for you. There are now several reputable online gambling companies that offer wagering on MLB games. Simply put, you can now place bets on the go!

MLB games can be accessed via desktop computers, mobile devices, and tablet computers. This has enabled the online gambling industry to capture a larger portion of the American sports betting audience. According to HubSpot Blogs research, 19% of all online sports bettors are from the United States, followed by Canada (16%), the United Kingdom (7%), and then Australia (4%). This is a considerable shift from the 2010s, when Americans made up only 4% of the online sports betting population.

Because America is the “land of opportunity”, more and more people are looking for ways to get rich quick. And given the simplicity of placing a bet nowadays and how much easier it is to do so online, there is a good chance you may be able to hit the jackpot quickly if you are willing to take the time to learn.