Best Odds Sports Gambling Sites
The ultimate key to success in sports gambling is identifying odds that present value. If you get your bets in with favorable odds often enough, you will win a lot of money over the long run. Unfortunately, this is easier said than done. Identifying value requires some degree of guesswork because there are always unknowns in sport competitions.
In any case, it will never hurt you to place your bets at gambling sites that present the best odds for your picks. Online bookmakers come to their own conclusions about the odds of sporting events, and they don’t always agree with one another. Some sports sites tend to be more generous with their odds than others.
Here are several gambling sites that are widely recognized for frequently offering the best odds:
Why the Odds Matter
The odds in any sports wager dictate how much you must risk and how much you stand to win. One of the easiest ways you can improve your win rate is to keep the ratio of risk to reward as low as possible. So when you have choices between multiple betting sites, it is best to place your bets at the site that either requires the least risk or that promises the greatest reward.
For example, let’s say you want to place a bet on the favorite in a football matchup. Gambling Site A has the odds set at -220 while Gambling Site B has the odds set at -210. If you want to win $100 off this bet, you would have to put up $220 at Gambling Site A or $210 at Gambling Site B. In this case, Gambling Site B is the clear choice. You are being asked to risk slightly less money for the same potential winnings.
Let’s look at a second example. This time you want to place a bet on the underdog in a football match. This time, Gambling Site A has the underdog listed at +180 while Gambling Site B has the underdog listed at +190. A $100 bet at Gambling Site A would give you $180 in winnings while the same bet at Gambling Site B would give you $190 in winnings. Again, the clear choice is Gambling Site B.
These are simple examples, but that’s how it works when comparing the odds at different sports betting sites. You simply look at which one is giving you the most bang for your buck and place your bet there.
Open a Couple of Accounts
The above examples show why it pays to have accounts at a couple of sports gambling sites. Sometimes Site A will have the best odds and sometimes Site B will have the best. It changes all the time because the people who set the lines are not always going to come to the same conclusion. Keep your options open by keeping a little money at a couple of sites.
Of course, there’s a point of diminishing returns when it comes to splitting your bankroll across multiple sites. It’s just not feasible for most people to keep money at 20 different gambling sites. So, pick a few of the best sites (see our list above) and keep your money there. That way, you can line shop at all the best odds gambling sites whenever you place a bet.
A side benefit of this practice is that you spread your risk. It’s doubtful that any major gambling site will suddenly go under, but crazier things have happened. Why keep 100% of your bankroll at one site when you can split it up, mitigate the risk and shop for lines? It just makes more sense to do it this way.