NFL Betting: It
pays to shop around for odds
With the start of the NFL regular
season, millions of bettors will flock online to place their
wagers on the football games. And if you are an experienced
bettor, it's no secret that shopping around the sportsbooks is a
must. For the less experienced, it may come as a surprise to
learn that even though to online sportsbooks may seem to offer
quite similar betting odds, in reality you can literally double
you winning wagers by simply choosing the right sportsbook to
place them.
For the purpose of this article we
looked at the
NFL Odds Picks website, a site
providing NFL odds comparison, team stats and betting trends on
the regular football games, as well as on the individual NFL
teams. It's a great service and a must for any serious bettor.
as the following examples will prove that it pays to know where
to bet online (if, of course it's legal in your jurisdiction).
Let's look at a few examples from the website:
Looking at the betting
odds on the Pittsburgh Steelers
the difference between the odds is crystal clear. At the online
sportsbook Bookmaker the odds on the Steelers to win the AFC are
currently sitting at +730, while the same betting prop at the
online sportsbook betED is listed with odds +1250, i.e. almost
double the money on the same bet by just choosing the bookmaker
with the best odds. But don't get fooled by the odds on the
Steelers into thinking that betED is the better sportsbook. At
the same website the
odds on the Washington Redskins
to snatch the NFC are at +1200 at betED, while Bookmaker offers
the whopping +3500, i.e. with the same wager you will triple
your winnings by switching the bookmakers for your Redskins bet.
You are highly encouraged to visit the NFL Odds Picks and
compare football odds before making you wagers, as shown, you
can win thousands by being wise and well informed.
But why such a discrepancy between the
odds on the same wager at two different online bookmakers? It's
rather simple, actually. The odds on a bet initially are almost
the same at each sportsbook, but they do adjust automatically as
the wagers made by the customers come in. And if at one of the
sportsbooks the majority of the bettors wager on the Redskins to
win the NFC - the odds on this bet would be shortened. See more
about
odds movement here.
Published on
08/31/2008
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