Shopping for Betting Odds is a Winning Strategy
If you are searching for a winning betting strategy, a single betting account at one sportsbook is not it. This is because if you are going to find the best odds available, you will have to start Shopping for Betting Odds. Thus, it will require opening multiple sportsbook accounts.
According to sports wagering exports, the easiest way to improve your winning percentage is to find the best odds. Furthermore, if you do not take the time to look for the best prices, you losing out of potential profits. Here is an example of what we are talking about.
Let’s say you want to bet on basketball game between Boston Celtics and Dallas. Boston is a 2.5 points favorite at most sportsbooks. You like the Boston to win and by shopping around you found Boston at 1.5 for the same price.
That is the spirit of Shopping for Betting Odds. Finding gambling odds that can determine winning or losing a bet.
What is Shopping for Betting Odds when Betting on Sports
Shopping for Betting Odds refers to checking multiple sportsbooks to find the best odds prior to placing your bets. According to bookie pay per head experts, this can put you in a position for a greater potential return.
Shopping for Betting Odds is a Winning Strategy for Higher Profits
Using Multiple Sportsbooks for More Betting Options
Industry research shows that bettors that shop lines and get an extra 0.5 point to 1.0 point. Thus, they will increase their winning percentage by 1 to 3 percent. How often do bettors find themselves losing by a half-point? Imagine winning more in that situation and watching your profits grow. It can be done simply by line shopping.
In order to place bets at different sportsbooks, you will need to different betting accounts. The number of sportsbooks you choose to have an account with is really up to you.
Many smaller books have a bias toward a certain team.
Take BetOnline.ag as an example. This offshore sportsbook takes on a heavy amount of Boston Celtics wagers. As a result, bettors that shop around for the best lines will often find value in betting against the Celtics with BetOnline.ag.
Last but not least, having accounts where you can use multiple sportsbooks will also allow you to take advantage of bonuses and rewards. For example, at the BetOnline.ag sportsbook you get a generous 50% bonus for new players and re-ups. Create a betting account with BetAnySports.eu, and you get a 25% cash bonus and a 10% referral bonus. Thus, you can get more money for your buck with multiple sportsbook accounts.
Real Value on Moneylines
When looking for different sports betting odds, bettors will find that most sportsbooks are in line with each other. It takes some solid research to find a full point difference, but remember even that half-point over time can make a big difference in your profits.
Where there is tremendous value is in shopping moneylines. Comparing prices at a few sportsbooks will usually reveal a number of different moneylines. While seemingly small differences may not seem like much, they can add up in the end. As a result, seasoned bettors view line shopping as a critical part of their routine.
The bottom line is that it pays to shop for the best betting lines.
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