The best way to stay updated with our free betting tips is to visit the site on a regular basis. Bookmark it and check in each day for a range of new betting advice covering all the most exciting. Pre-match sports betting Image source: kenssportinggoods-or.com. So, in the beginning, you need to separate different forms of betting. There are 4 main types of betting that you can participate in. Pre-match sports betting is the most popular and common type in the betting world. Becoming a successful bettor requires hard work, knowledge, determination, and experience. There is no such thing as instant betting success. Beginners should not rush off placing wagers, it is not that easy to get everything right when you are just starting. Like anything worth doing reaching a winning percentage takes both time and perseverance. These strategies, tips, and tactics will help you maximize your winnings, stay safe and secure, and above all, enjoy your sports betting. Keep An Edge in Whatever Sports Betting You Do. Sports betting tips from professionals Of course, this is a small selection because online sports betting tips always consider games in their entirety. Only if as many, ideally all factors as possible are taken into account, such tips promise a high chance of winning. In addition, it is always about comparing this chance of winning with the odds.

If you like betting on sports teams from New York, you’ve got a lot of choices. Such a huge state also means a lot of teams to follow. Heavy favorites like the Yankees are a much safer bet than consistent underdogs like the Mets; so do you want to go for the safe, modest payday or bet on the underdog for a super-sized win? Our betting tips about NY sports teams should help you figure out which bets to make and which ones to avoid. Find out more in the following articles.

How Do You Place a Bet?

Many bettors need to first understand how to place wagers by understanding how to read the odds being offered. Odds are set by using complicated algorithms to determine the outcome of a game. Bookies also take into account what the general public will be placing their bets on to determine these various odds.

Many bettors make the common mistake of betting on their favorites to win, often miscalculating that the best odds may be on the underdog. Bettors take into account the more recent results instead of looking further back into historical performances and taking a longer view of a team’s overall performance.

Understanding “American Odds” is vital to making the most of a wager and getting those best odds. Let’s use the Mets and the NY Giants as an example:

The sign in front of each odd shows whether you will win more money than you have wagered or less than your wager. A listed odd with a ‘-’ sign shows a bettor how much you need to wager in order to win $100. In this example, it means you need to bet $140 in order to win $100.

A listed odd with a ‘+’ sign shows a bettor their potential win on a $100 bet. Based on the example above, a $100 bet on the Mets would result in a payout of $120.

Where to Find Interesting Odds in NY

Online sports betting can be a very confusing art to master for many sports fans looking to place wagers. There are so many factors to understand, one of them is definitely how to find true betting value. This comes with time, patience and practice.

Value Betting essentially is when you bet when the perceived risk-reward ratio is slanted in your favor. We have discussed above the myth of placing wagers on the favorite to win, the stronger team is often considered to be a ‘safe bet’. Many times though, the value bet would mean high odds when backing the underdog.

Many bettors will shy away from backing the underdog, perceiving the risk to be too high as they go about betting and wanting to place wagers. But it’s best to bear in mind that an “underperforming” team receiving a large point spread by a bookie does not have to ultimately win the game. They only need to lose by less than the actual points that it is receiving.

This is highly doable, as many times the favorites to win is focused on reducing the risk of injury and winning the game, not on covering the point spread.

This is just one way that bettors can understand the best odds in value betting.

Different Types of Bets for Different Players

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As already mentioned, sports betting provides bettors with an almost endless variety of the types of bets they can wager on. From straight bets, total line bets, over/under bets, money line bets, point spreads and handicap bets, parlay bets, teaser bets, futures and outright bets and so forth. The list is endless.

This can be very confusing for inexperienced and even experienced bettors. It all comes down to the bettor, their understanding of the sports and their deep knowledge of various betting types on offer.

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Again, this is where experience and practice will stand you in good stead. For beginners, we feel that it’s best for them to focus on a sport they understand well. Let’s say that is Basketball and to bet on teams that they have deep knowledge of the teams, the NY Knicks and the Brooklyn Nets.

Next is to understand the types of bets on offer for various events and their odds and betting value. Take it slow and never bet more than you can afford to lose. Learn from your mistakes and soon enough you will be confidently placing wagers and winning money.

How to Choose an Online Sportsbook

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Choosing where to place your bets online can be overwhelming for many bettors. We have put a lot of time and effort into reviewing some of the top online sportsbook sites for our New York bettors. The best thing to do is to read the reviews and understand what each bookmaker is offering.

The reviews all focus on what we believe are the main criteria for making the most informed decision. Many bettors may choose to use one site for their Football related bets and another for their Basketball related bets. However, you choose to approach it, make sure that the site is offering the markets and types of bets you are looking for.

Checking the Right Criteria

When you are deciding on a sportsbook site always look at the following criteria:

Welcome Bonus

Does the Sports Betting site offer a Welcome Bonus for signing up? If so, is it competitive, compared to the other operators online?

The Odds

Does the sports betting operator offer competitive odds for wagering on?

The Markets

Is there a number of markets on offer, that patrons can place bets on?

Promotional Offers

Are there various promotion on offer? Do the promotions cater toward new customers only, or do regular players also benefit from promotional offers?

Banking Methods

Is there a safe and secure way to enjoy banking methods on offer at the sports betting site under review? Do they offer SSL encrypted technology? This should be a standard offering for any reputable sports betting site.

Live Streaming

Will there be live streaming on sports events offered by the sports betting operator? This will indeed be a great way to get in on the sporting action.

Website Ergonomics

Is the website responsive? Does the sports betting platform offer a robust feel and allow for easy navigation? This should definitely be a determining factor towards deciding if the sports betting operator is yours to enjoy or not?

Quality of customer service

Can one get in touch with the sports betting customer team readily and easily? Is there an open-door policy where patrons can ‘stop by’ for some advice or even just to say ‘hi’?

Another approach is to sign up for an account and take advantage of any Welcome Bonuses on offer. This will give you the opportunity to place real money wagers and get a feel for the site. This is a good approach to take before continuing to place your bets there in the future.

Where to bet on Sports in NY

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So, you live in the state of New York? And you are passionate about sports? Are you looking for the best option to place a wager or two on all your favourite sports teams? New York has some incredible teams to support: the Brooklyn Nets, the Yankees, the Mets, the NYGiants and so much more.

Do not worry, we are here to inform you on what is the latest news regarding online sports betting in NY and to help point you in the right direction. As of this moment, there are still many legislative hurdles to overcome regarding online betting in NY.

The decision rests in the hands of the courts, they need to determine if NY can move ahead with online sports betting without having to amend certain sections of the constitution.

Whist this debates continues in court it leaves us in a “grey” area – here are a few possible options for you to take note of when that legislation is finally passed.

NY Top betting addresses, check our reviews below:

As soon as we know more, we will update you here, so keep current on what is happening in New York with online sports betting.

All in all, it is advised to check out the various sports betting operators available out there and be sure to check the various competition before committing to your preferred betting operator.

If you consider yourself a modern sports fan, there’s probably a good chance you’ve already participated or at least considered putting down some money on your favorite sports team or your favorite sports event. The betting industry has been growing annually for the last 15 years and that’s probably the reason there are almost no sports events in the world left, you can’t wager on. The possibilities are countless. Anything ranging from the most popular sports in the world like football to amateur table tennis matches in Europe, to Asian dog racing events and women’s basketball games in South America.

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1. Understanding the varieties of sports betting

There’s basically a 24-hour cycle of sports betting events throughout the whole year and the bettors have almost an unlimited number of events that they can choose from at any given time. But if you’re just starting, looking at the long list of betting options on leagues and sports that you’ve never even heard about, can be a little bit overwhelming.

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2. Pre-match sports betting

So, in the beginning, you need to separate different forms of betting. There are 4 main types of betting that you can participate in. Pre-match sports betting is the most popular and common type in the betting world. It’s the default type of betting in terms of the public and the odds are set and known well ahead before the start of the game or event. Usually, in this particular type of betting, you can choose the winner of the game, exact result, or some number of other proposition bets, that we will get into later on. There are a lot more options to choose from when it comes to the betting markets. If you’re interested in the types of pre-match betting markets that are available to you in most betting sites, you should click here and read more about it.

3. In-play sports betting

The second type of sports betting is called In-play betting or also known as live betting in other words. Here you can find similar betting markets and also extended ones when it comes to prop bets. There are a few key differences between the pre-match betting and the in-play betting. Live betting starts at the very second that the betting event begins and it ends at the final whistle of the ref. The odds in in-play betting are constantly changing according to the situation in the match and the betting odds are never static.

Meaning, if team X is leading 1:0 in the 30th minute of the football game, the odd on team Y will be much higher than at the start of the event. The probability of team Y scoring 2 goals and winning 2:1 is much less likely since team X already has a 1:0 advantage. So in-play betting can be a lot more unpredictable since the market is always rapidly changing, but on the other hand, it offers a lot more action while watching the game live and some bettors also use this type to hedge their pre-match bets.

4. Sports betting against other bettors

In both of the previously mentioned betting types, you are trying to compete against the odds offered by the bookmaker, in other words, you’re placing wagers against the house. But there is also another option, a third option, which gets rarely mentioned. The third type of sports betting is very similar to trading stocks because you are basically betting against other users and hoping to find value on a match before everyone else. The whole system is based on a pre-match betting system, but you always have the option of selling your betting pick to another user for a set price and you don’t even have to wait for the result. Here the odds are initially set by the bookmaker, but the same odds can quite quickly get moved by the bettors placing wagers.

So basically in this third option, the bettors are trying to take advantage of their information about a game before others do. You can imagine that the odds on team X will be much different if their main scorer gets injured and they will lack a lot of scoring power against team Y. So the quicker and the more exact your information about a certain team is, the more money you can make. But also the more people bet on team X, the higher the odds on team Y.

There is no doubt that if you place a good bet very early, you wager can pay off big time. But if you’re just starting out, we wouldn’t recommend putting your money into these markets until you get a very good grip on the odds and how the betting markets work in various sports.

5. Margin trading in sports betting

The last and the most complicated betting option on the market is margin trading. In short, you’re basically looking for a difference in the odds comparing different bookmakers. This is the most complicated type of making money in sports betting since it requires experience and a lot of funds to top up at least 10-15 different bookmakers accounts for the system to work. You also have to deal with the headache of KYC (sending your documents before the account gets activated), for every single bookie, which can take a while. But if you’re able to do everything mentioned above

So, for example, Bookmaker 1 offers 2.10 on team X. Bookmaker 2 offers 2.10 on team Y. If you place bets on sides you can be profitable no matter who wins. By statistical calculation, every odd above 2.00 will give you a profit as it more than doubles your wager, no matter which side wins. So in this type of sports betting, you will have to monitor the odds all the time and you will have to operate with a significant betting bankroll to make this trading approach to the betting market a success.

6. Be smart, use the right approach

As you can see there are a lot of approaches to sports betting. We encourage you to take time with it and don’t start throwing significant amounts of money at it right away. Also, check if you’re eligible for a sign-up bonus and always follow a smart bankroll strategy. Sports betting is a lot more similar to other financial products than you would think. Only with a good strategy and smartly managing your money, you will be able to stay profitable in the long term. Check this website and read some of the information which can be of the great help for you.