How to Shop for Lines in Sports Betting
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Line shopping is a betting strategy bettors often use to improve the chances of winning more money on sports bets. There are many things to consider when shopping for lines, and we discuss these things here. Sports bettors will find that line shopping opens the door to finding better odds. Bettors who take the time to line shop will have an advantage over other bettors and will benefit from more returns versus fewer losses.
In short, line shopping is all about taking time to look for the best possible deal by comparing online sportsbook odds. Just like shopping at a store, customers want to find the best price for an item. Line shopping is no different and it can provide for a more enjoyable and profitable betting experience. Read on to learn more about sports betting line shopping and make use of the provided tips to get started with a thrilling betting session.
Line Shopping Tips
When preparing to place bets on sports, odds are the most important thing to consider. Each online sportsbook will offer odds on almost every possible aspect of a game. Since there are multiple betting options, it can be overwhelming for beginners. Here, we provide a few tips that can help make the process easier. While these do not guarantee wins or increased profits, these tips do provide an edge for bettors.
Register at all of the Top Sportsbooks
While it may seem like creating accounts at every possible sportsbook is a waste of time, think again. Betting odds change often and quickly, so bettors need to be able to make decisions quickly to benefit from the change in these odds. By having accounts at all of the top sportsbooks, you'll be sure to be able to jump on the best odds the second they're released! Not taking advantage of the most lucrative odds for your bet means you will be missing out on free money if your bet hits.
Odds can vary from one book to the next due to a difference in odds providers. Some books have their own odds provider while others share odds from the same source. You can find out more about odds providers by clicking on the review for your selected sportsbook.
Know Each Bookmaker
Before creating an account, take time to learn as much as possible about the sportsbook. If an account has already been created, it is beneficial to take time to learn the interface. Some sites will have small quirks, but most follow a similar layout. Doing this can save time in the long run. By knowing exactly where to click to place a bet, bettors can take advantage of the best odds before they have a chance to change. When line shopping, just one second can make a difference, so being able to quickly navigate a site is essential.
Use Odds Aggregators Sparingly
As bettors become more experienced, they will find that odds aggregators can be useful tools. These will allow bettors to view the odds at multiple sportsbooks at the same time. This can reduce the stress associated with line shopping. While these are beneficial, they also come with limitations. Most aggregators will only show major bets like totals or spreads. Since the best value of bets is often found with prop bets, these aggregators would prove to be useless.
Another thing to note is that these aggregators do not provide odds in real-time. When line shopping, it is important to have the most current odds. Since these odds can change quickly depending on the sport and the bet, having access to updated odds is essential. An aggregator can be a great tool for those line shopping for moneylines or totals bets, but they should not be the sole source when making a decision on where and when to wager.
Start with a Single Market
One of the best things to do when line shopping is to start with just one sport and one market. This makes it much easier than having to line shop for multiple markets. Always start with a sport that is familiar. One of the best starting points when line shopping is placing prop bets on NFL, MLB, or NBA games. Sportsbooks offer a wide variety of prop bets and the more that are provided, the better chance of finding good odds. While props are a good place to start, do not limit bets. Mix in other bets to fully take advantage of any discrepancies in odds across sportsbooks.
Is Line Shopping Worth It?
In short, yes. Any experienced bettor will state that any advantage, no matter how small, can make a difference in profits in the long run. Every dollar that is won or lost will add up. The margin for wins when sports betting is relatively low, but line shopping is one proven way to beat the vig that sportsbooks will add to the lines.
To those who are less experienced, there may not seem to be a huge difference between -110 and -105. This -5 difference is not something to overlook.
- For example, a $110 bet on 250 games with odds of -110 would require 131 games to be won to break even. If $105 is bet on the same number of games, only 128 wins are needed to break even. So, even the smallest difference in odds will add up. Even though this is a difference of just three games, it can be the deciding factor between being in the red or black.
Conclusion
Taking the time to learn about line shopping and using the provided tips can help the sports betting bankroll. By knowing how and why lines move when comparing sportsbooks will allow for more profits in the long run. Line shopping presents an opportunity to get the best odds to maximize winnings. It can also help to minimize losses. Better odds mean that bettors will invest less money for the same return, so taking time to line shop will improve the return on investment. In addition to gaining an edge by finding better odds, line shopping also provides the chance to take advantage of more welcome bonuses.
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