Being loud about your sports bets is often useful. There are several benefits of blogging, Tweeting, Facebooking, and otherwise being vocal about your sports bets. Here are the 4 reasons to make your sports bets public.
Table of Contents
1. Things on Record – 4 Reasons To Make Your Sports Bets Public
Making things public enters them into the public record. This is one of the 4 reasons to make your sports bets public. It is tough to get away from them.
It will keep you hooked and it won’t be so easy to overlook a potential bad whiff on the O/U when the next College Football Playoff rolls around.
2. Bad Habits Under Check
Betting could be a lucrative idea. What would happen if all your sports gambling habits were public on a professional level? This is one of the 4 reasons to make your sports bets public.
Although it would put the casinos into the trash heap, it would help you learn how not to think like that in the sportsbook.
3. Taking Yourself Seriously
No gambler can take their analysis so seriously that they rule out the chance of learning anything from other sports handicappers.
This is one of the 4 reasons to make your sports bets public. But when you note down your predictions and publish them in public, you gain a greater appreciation for your ability or lack of ability as gauging winners and losers.
You have to take your lumps when the predictions are wrong. In the future, you’d probably become a sports gambler of some sort.
4. The Camera Eye
Mobile betting is gaining a lot of traction and hopefully, many gamblers use a laptop and an old-fashioned browser to place their bets whenever possible. This is one of the 4 reasons to make your sports bets public.
Internet facility makes it easy to juggle several windows at once while keeping the sportsbook odds on a corner of the screen. You can easily take in the big picture and the context of an event before choosing a wager for it.
You can now know the date, approximate time, circumstances, records, head coaches’ identities, and more after reading a preview before start playing. This has made things in the record faster. It has made things easier and better for a gambler.
Understand the Terms of Sports Betting
Whether you bet at an online bookie in NZ or choose an online casino like Rich Casino to place your bet, fast talkers throw around words and phrases you’ve never heard before. Sportsbooks display a myriad of numbers with plus and minus signs galore that can confuse the heck out of people.
This all comes with betting real money. You know you want in, but you’re a little timid about what this world brings. Apart from knowing 4 reasons to make your sports bets public, here are the terms you should know!
1. Your Favourite
This is your favorite which can be a team or competitor that oddsmakers expect to win, and it is often displayed with a minus sign in front of the odds. This is the team or competitor that is favored over the opposition, hence being called a favorite.
When betting a point spread, the favorite will often be laying or giving points to the opposition to make the wager evener. When wagering on the money line, the favorite will have a lesser return on the money that is bet.
2. Underdog
Opposite to a favorite, an underdog is the team or competitor oddsmakers expect to lose. Underdogs are often displayed with a plus sign in front of the odds.
Underdogs operate similarly to favorites when it comes to a point spread or a money line, just the opposite.
When betting a point spread, the underdog will often be receiving extra points versus the opposition to make the wager evener. When wagering on the money line, the underdog will have a greater return on the money that is bet.
3. Pick or pick’em
A pick or a pick’em is when a bet is even on both sides in terms of who the oddsmakers expect to win, meaning it’s a 50-50 proposition.
You just “pick” who you think is going to come out on top without having to overcome a point spread or lay odds. In pick’em contests, betting the money line will lend an even return.
4. Point Spread
A point spread is used to even a betting matchup between two sides. The favorite will be giving points to the other side, and the underdog will be receiving points. To win against the point spread, the favorite must overcome the number of points given to the underdog.
For the underdog to win against the point spread, the underdog can use the points given to overcome the opposition. Because the point spread is used to even the matchup, the odds you receive on a point-spread bet are much closer to even in terms of your return.
5. Money Line
Betting on the money line means you are betting on the two sides straight up, without the added or subtracted points that a point spread provides.
6. Total – 4 reasons to make your sports bets public
In a game, the total is the number of points scored. Oddsmakers and sportsbooks will often release lines for the total amount of points scored between both teams in a game, and bettors can wager on whether they think the total will be over or under the listed amount.
This is often referred to as an “over/under” bet. Oddsmakers and sportsbooks can also put up totals for each side separately.
Totals can also apply to wins in a season. Season win totals are some of the most popular wagers across all major sports, especially in the NFL.
An oddsmaker or a sportsbook will determine a line to set for the number of wins a team will get in a regular season. Bettors can then wager on if they think the team will win more or fewer games than the number posted.
Interesting Read: The Growing Popularity of eSports Betting in New Zealand
Conclusion
making your sports bets public comes with several advantages. By putting your predictions out there, you create a record of your insights, keeping you accountable and helping you learn from both successes and failures. Publicizing your bets can also act as a check on bad gambling habits, encouraging a more professional approach.
Taking your predictions seriously and sharing them publicly enhances your analytical skills and opens avenues for improvement.
The use of mobile platforms and online tools allows for easy documentation and review of your betting history. Embrace transparency, learn from the community, and enjoy a more informed sports betting experience.
FAQs
How does publicizing bets help in learning?
Sharing predictions publicly allows for self-reflection, learning from mistakes, and gaining insights from the broader community of sports handicappers.
What is the significance of documenting sports bets?
Documenting sports bets helps in maintaining a record, reviewing performance, and making informed decisions based on past experiences.
How does publicizing bets contribute to responsible gambling?
Publicizing bets encourages a serious approach, discouraging impulsive or reckless gambling behavior. It fosters a more disciplined and responsible gambling mindset.
Why make sports bets public?
Making sports bets public creates a record, keeps bad habits in check, encourages a professional approach, and enhances self-analysis.
