Whether you have been around the sports betting game for a while, or are new and have been following the advice found on this site, chances are you have been to sites like Covers.com while doing research on upcoming games. Chances are you’ve also noticed the little « consensus » tidbit next to each game, telling you which team the general public thinks will win. You could see that a team has a 70% popular opinion and feel like which may be a fairly good bet for you to make. While nothing is ever certain worldwide of sports betting, this feeling will be incorrect.
One of the most important concepts to bear in mind when betting on sports is this: if the public won more than they lost, sports books would cease to exist. That is simplifying things a little, simply, but usually that is a true statement. Casinos and sport books are within business to make money–lots of money. Whenever they are losing money in a particular area, they will either change the guidelines or stop offering it entirely. Since the world of online sport books is alive and thriving, it really is then safe to assume that they can be making money and that, in the long run, the public loses their money.
I’ve been telling people to subscribe to the theory of reverse popular opinion for years now. As is the case with a lot of the advice I have offered here at SportBooksReview, I’m not suggesting that men and women blindly bet against the team with higher public support every night–just keep it in mind when doing your investigation. You can find some situations where observing the public consensus and comparing it to line movement may be very eye-opening, and these are the situations the place you can pounce.
Once we discussed in our Line Movement article, there are many of factors that can cause sport books to move the line. One particular factor is one team getting decidedly additional money wagered on it than the other, creating a scenario where the books would lose a large sum of cash if one team wins. Books would prefer to have an excellent, even amount of cash bet on both sides of a game, to ensure that regardless of what team wins, they’ll come out on top due to the juice (newbies: betting $110 to win $100, the $10 will be the juice). This really is why it’s really a good option to take a quick peek at the consensus percentages in addition to the line movement for visit the up coming article games you want to bet on–there can sometimes be some very useful hidden information to give you one benefit.
When doing your research, if you happen to see a game where the general public is very heavily betting on one team, say 70% or higher, yet the line did not move from it’s original number, then you have to ask yourself why that’s. In the event the public is betting most of their cash on a team, however the books do not move the number to attract betters for the additional team, then it’s telling you something. Either the books are confident that the general public will lose, or the big-money sharp betters have already made their bets on the other team. Either way, this really is a significant red flag. Again, don’t blindly bet your hard earned money on this strategy, but there will be situations where these numbers are too strong to ignore.
Generally, I like fading the public–especially when there is a strong public consensus betting on the underdog in a game. As you surely already know, the common theme of my articles is research–we’re speaking about your money here, so it’s extremely important that you make every effort to find a benefit before making your bet. As is the case with a whole lot of my advice, this is not meant to be a one-size-fits-all strategy, but part of a bigger overall strategy of doing your homework and eventually finding solid money-making opportunities. If you follow the advice I have offered in this article and combine it with some of my other strategies, you will win money–the only question is: just how much?