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No doubt at one time or another you’ve placed a bet on your favourite basketball, hockey or football team, or on the favourite in a horse race, or any number of other sports events, but how do you tell, with any certainty, who’s going to win? If you can predict the winner, with a high degree of accuracy, you can make money; it’s that simple.

Let’s face it, the reason that you do this is that you want to end up with more money than when you started. You believe you can predict the winners more accurately than the bookies, but how often are you right?

Well, the 3 sports betting strategies below might just give you an edge the next time you place a bet on your chosen sport. These 3 options, properly used, can make the difference between you walking away with a profit and it being just another wasted bet that helps fund the bookmakers next foreign holiday.

Asian Handicap

This is a little used, but very useful addition to your sports betting techniques. Generally there are 3 possible results in a sports event for any player or team; win, lose or draw. Using an Asian handicap it’s possible to reduce the number of outcomes to only 2.

Let’s assume we’re watching a football match. The bookmaker may quote a handicap line where team A starts the game with say a 1.5 goal head start and team B starts with a handicap of -1.5 goals. Now, as we can’t get 0.5 goals there can only be 2 outcomes and the odds are set with the handicap in mind.

If you think team A will win, and so long as they win, draw or at least don’t lose by more than a single goal, you win as they had a 1.5 goal head start. Similarly, if you think team B will win they need to overcome their handicap of -1.5 goals. So, they need to win by 2 goals or more.

In sports where the handicap might be equalled, say in basketball where a team might be given a 20 point start, then generally stakes will be returned if there’s a draw. However, it’s best to check with your local bookmaker. In this case you may not win, but you don’t lose either.

Arbitrage

Means to buy and sell for profit, taking advantage of varying prices in different markets. This is the holy grail of sports betting as you can literally find yourself in the situation that whoever wins a match, you’ll still profit on the outcome.

In practice this used to be very difficult to do as it meant following a wide range of market prices all at the same time. However, with the advent of the internet this is now so much easier. As bookmakers often have widely varying opinions of the outcome of a sports event, and also that they advertise their prices on their websites, we can rapidly compare these prices.

If we can find a situation where bookmaker A has a better price for one team/player and bookmaker B has a better price for their opponent, we can back both teams with the respective bookmakers and make money whatever the outcome.

Bet in Running

As any match or sports event begins to unfold, the odds quoted at the start of the event may seem out of line with what you’re witnessing on the field of play. If only you could place a bet knowing how the match is unfolding. Well, with “betting in running” that’s exactly what you can do.

Many bookmakers will alter the odds on the event as the action unfolds and you can place a bet at these “new” odds. If team A score, the odds on that team winning will shorten, and subsequently the odds of team B winning will get longer. If you still believe that team B will ultimately be successful then these longer odds are your opportunity to place a bet at better (to you) odds. Generally, the bookmakers own website will tell you which events are being offered as “in running”

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Source by Gordon J McKay