How To Bet on Sports for Beginners: 12 Tips To Know

While most bettors test their luck on casino games, others venture into the world of sports betting. While it is not for everybody, it offers a huge return to players. Here are the tips on how to boost your winnings.

Underdogs v Favorites

First things first, before you place your bet on top betting sites Singapore platforms, you need to know the difference between the favorite and underdog teams. By doing so, you will be able to gain an edge over the book.

Use Point Spreads

Now that you are aware of the differences between the underdog and the favorite, you can now use the point spread to know which one is much more profitable. 

Use Moneylines

Moneyline betting is the easiest football odds existing out there. Being the most popular bet on American sportsbooks, you only have to pick the winner of the match. 

Use totals

In contrast, the Totals or Over/Under bet is also a type of bet that applies to both the favorite and the underdog. Under the totals, players need to predict the winning value based on the combined scores of both teams in the match. 

Know the vig

Little do most punters know but the vig represents the amount that the football betting Singapore sites profit from each wager placed on a particular odds. The vig or juice is placed in favor of the sportsbook so you need to be aware of the amount.

Know how to place a wager

Just like any form of endeavor, you need to study how to place a wager on sportsbooks. Additionally, you need to be familiar with the bet types that we mentioned above.

Find a reputable sportsbook

Next is to know where exactly you can place your bet. In this modern world, there are plenty of places where you can put your stakes. The key is to find a reliable online betting Singapore site that you can use for a very long time.

Take the minimum bet

This tip is for all types of bettors but it highlights the common mistake of new bettors who blow up the contents of their bankroll to chase their losses. In order to prevent that, you need to take the minimum bet as much as possible.

Avoid parlays

Parlays are the type of bets that bundle one or more wagers into one giant bet. While this one promises a huge return, it will cost you more than the amount that you’re trying to achieve so avoid them at all costs.

Try prop bets

Prop or proposition bets are the most exciting form of wager because they exist outside the standard point or moneyline bets. Prop bets are fun because they allow you to place your wager on categories like the top goalscorer or the team with a lot of injuries.

Shop for the best lines

Depending on the sportsbook, the value of the lines typically varies and you need to be aware of this fact. You can compare and contrast the quality of odds from various sportsbooks by shopping the best lines. 

Study your strengths

Lastly, in order to be a successful sports punter, you need to determine your strengths and weaknesses. By doing so, you will be able to learn from your mistakes and be able to track your progress as a punter. 

Also, you will gain confidence in your next betting sessions and have an edge over the sportsbook and other players.

Conclusion

Sports betting is a highly lucrative form of gambling but it is hard to pull off because of the technical aspects involved. In order to be successful in your betting sessions, you need to employ certain strategies to boost your winnings. Don’t forget to test your newfound knowledge at the sports betting online Singapore platform.