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Sports betting can be a very fun and profitable activity, either giving you an extra sweat on the games you’re watching or padding your bankroll. It can also be intimidating, especially for beginners. That’s why SharpSide is here to help get you started with our Beginner’s Guide to Sports Betting, a perfect sports betting guide to get you headed in the right direction.
Casinos can have a lot of bright lights and moving parts. Fast talkers throw around words and phrases you’ve never heard before. Sportsbooks display a myriad of numbers with plus and minus signs galore that can confuse the heck out of people. This all comes with betting real money. You know you want in, but you’re a little timid for what this world brings.
SharpSide Sports Betting Podcasts. Now you can get all of the great SharpSide content in podcast form. From point spreads, to over/under totals, to prop betting, and industry happenings, it’s all covered on.
SharpSide.com, the home of the sports betting community, has launched its free sports betting app and it is available now on iOS in beta version. In celebration, SharpSide would like to invite all RotoGrinders. 86 likes 3 talking about this. SharpSide.com is the home of the sports betting community. Download the SharpSide sports betting app today!
In this sports betting guide, you’ll find a few of the often-asked questions from beginners, plus you’ll find a few links for further reading to keep you on the right path.
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Once you’re done arming yourself with a bit of knowledge, go ahead and download the free-to-use SharpSide app. It’s the perfect tool for your to try our sports betting without having to put any actual money on the line. Available now for iOS and Android, the SharpSide app allows you to make free picks for a wide variety of sports and bets, track results, compete on leaderboards, and win great prizes. Get your feet wet, try out new strategies, and hone your skills with the free SharpSide sports betting app today.
What is a favorite?
A favorite is a team or competitor that oddsmakers expect to win, and it is often displayed with a minus sign in front of the odds. This is the team or competitor that is favored over the opposition, hence being called a favorite. When betting a point spread, the favorite will often be laying or giving points to the opposition to make the wager evener. When wagering on the money line, the favorite will have a lesser return on the money that is bet.
What is an underdog?
Opposite to a favorite, an underdog is the team or competitor oddsmakers expect to lose. Underdogs are often displayed with a plus sign in front of the odds. Underdogs operate in similar fashion to favorites when it comes to a point spread or a moneyline, just opposite. When betting a point spread, the underdog will often be receiving extra points versus the opposition to make the wager evener. When wagering on the money line, the underdog will have a greater return on the money that is bet.
What is a pick or pick’em?
A pick or a pick’em is when a bet is even on both sides in terms of who the oddsmakers expect to win, meaning it’s a 50-50 proposition. You just “pick” who you think is going to come out on top without having to overcome a point spread or lay odds. In pick’em contests, betting the money line will lend an even return.
What is the point spread and how do spreads work?
A point spread is used to even a betting matchup between two sides. The favorite will be giving points to the other side, and the underdog will be receiving points. To win against the point spread, the favorite must overcome the number of points given to the underdog. For the underdog to win against the point spread, the underdog can use the points given to overcome the opposition.
For example, let’s say the Boston Celtics are -4 favorites over the Los Angeles Lakers, who are +4 underdogs. After the final score is realized, the Celtics would subtract four points from their total if that’s the team you bet on, or the Lakers would add four points if you bet on this side. This would then determine if the bet was won “against the spread.” In this example, if the Celtics beat the Lakers by a score of 100-90, all bets placed on Boston at -4 would win, as they overcame the four-point spread, and all bets placed on Los Angeles at +4 would lose because the team failed to overcome Boston’s total even with the added points. Likewise, if the final score was 94-92 in favor of the Celtics, the Celtics would lose a point-spread bet and the Lakers would win.
Because the point spread is used to even the matchup, the odds you receive on a point-spread bet are much closer to even in terms of your return.
For more on the point spread, check out our point spread betting page.
What is the money line and how does it work?
Betting on the money line means you are betting on the two sides straight up, without the added or subtracted points that a point spread provides.
If the Dallas Cowboys played the New York Giants, you pick which team you would want to win and the odds factor in who is the favorite and who is the underdog. In this example, the Cowboys might be listed at a price of -200 and the Giants listed as +175. This shows us that the Cowboys are the favorite to win the game and the Giants are the underdog (note the minus and plus signs, as mentioned before). With these odds, you would need to bet $200 on the Cowboys to win $100. On the other side, a bet of $100 on the Giants would win you $175.
This same game may be listed using a point spread, too, and that can help you determine where you want to make your bet.
What is a total?
In a game, a total is the number of points scored. Oddsmakers and sportsbooks will often release lines for the total amount of points scored between both teams in a game, and bettors can wager on if they think the total will be over or under the listed amount. This is often referred to as an “over/under” bet. Oddsmakers and sportsbooks can also put up totals for each side separately.
Totals can also apply to wins in a season. In fact, season win totals are some of the most popular wagers across all major sports, especially in the NFL. An oddsmaker or a sportsbook will determine a line to set for the number of wins a team will get in a regular season. Bettors can then wager on if they think the team will win more or fewer games than the number posted.
Where can you place a sports bet?
Depending on the jurisdiction, sports bets can be placed in a sportsbook or online, but those interested in placing a sports bet should understand the rules and regulations of the market they are in. Las Vegas is known for its dozens of state-of-the-art sportsbooks that cater to all kinds of sports bettors. If you’re making a trip to Sin City, check out SharpSide’s list and reviews of Las Vegas sportsbooks.
For sports betting options in other states, check out the links below.
How much should you bet?
A wise man once said, “Only bet what you can afford to lose.” This applies to investing in stocks, playing poker, and especially to betting on sports. Only wagering in amounts that are comfortable to you is part of proper bankroll management, and know that each person is different, with varying thresholds.
Oftentimes you’ll hear sports bettors refer to the amount of money wagered in “units.” A unit is a predetermined bet size a bettor will use as an average wager. From there, a bettor will determine how many units to wager depending on the conservative or aggressive nature of the bet.
It is commonly suggested that bettors risk in the range of 1%-5% of his or her bankroll on each individual bet, depending on the confidence level you have in the bet. The lower end of that range, 1%, is often one unit for a sports bettor. Putting this into an example, let’s say you have $1,000 in your betting bankroll. Each unit would be 1% or $10 and your maximum bet can be 5% or $50. Applying the 1%-5% rule, sports bettors can guard against losing streaks and avoid losing an entire bankroll quickly.
Why did the odds change?
In most cases, the odds are always changing. Oddsmakers and sportsbooks are constantly trying to find and keep the best middle ground in a wager and often need to adjust one side of a bet, the other, or both in order to do so. Too much money being bet on one side or the other can cause the odds or point spread to be adjusted, and then there are things like changes in the weather or injury news that can affect how a game will play out and push oddsmakers to adjust.
Odds or point spreads changing is completely normal. Just like the prices in the stock market can and will adjust over time, so will the odds and point spreads at a sportsbook. Odds change and line movement can work for you, but they can also work against you. This is why it’s suggested to study line movements when you are looking to place a wager.
What if there’s a tie?
A tie in the world of sports betting is often referred to as a “push.” If you bet on the money line and there was a tie as the result, you’ll likely get your money back and that’s it. The same goes for a point spread if the result ends up equating to a tie.
What’s next?
Now that you’ve read through our sports betting guide and have familiarized yourself with the basics, it’s time to dive a little deeper. Next up, make sure you review the list of common sports betting and gambling terms. It will rehash some of the things discussed in this sports betting guide, plus help you build your knowledge base.
Another good place to look is SharpSide’s Sports Betting 101 series. We’ve got content covering the topics of understanding the juice, betting against the public, common do’s and don’ts of sports betting, and more.
Understanding what the juice (or vig) is will help make you a more knowledgable sports bettor. It’s how you’ll understand betting odds and prices on bets. To learn more, we’ve got you covered on the topic right here.
A common betting strategy, and a very simple one for beginners to follow, is to bet against the public. You’ll often hear “public” and “square” terminology tossed around in this industry, so you’ll want to familiarize yourself with the concept of betting against the public, what it means, and why you might want to do it. Check out our betting against the public article to get up to speed.
Another excellent sports betting resource comes in the form of our ‘Do’s and Don’ts of Sports Betting’ article. In this piece, we cover line shopping, large moneyline favorites, correlated parlays, live betting, and more.
The most common sport to bet on is football. Whether you’re someone who wants to bet college football or bet on the NFL, we’ve got you covered. J.J. Apricena, lead sports betting contributor for the SharpSide YouTube channel, put together a pair of videos that cover the topics of college football betting and NFL betting. You can check out the college football one here. For the one that covers NFL betting, check it out here.
That wraps up our sports betting guide, for now. Be sure to check back every so often as we’ll be working to add to this page when we can, with the goal of providing you, the sports bettor, with more information on how you can go from being a beginner to a sharp.
(1) SharpSide Sports Betting App
Sharp Side Sports Betting App Yahoo
iOS download
Android download
From the team that brought you RotoGrinders comes a free, interactive sports-betting app called SharpSide. The SharpSide sports-betting app is a one-of-a-kind, state-of-the-art application that caters to sports bettors who are looking to have a fun and profitable betting experience.
Through the SharpSide app, you can easily add your favorite bets with just a single swipe, find or post helpful nuggets of advice, track the best bettors, and compete with fellow community members on leaderboards.
Here’s a look at what you get:
- A free and interactive sports betting app from the industry-leading team that brought you RotoGrinders
- Easy-to-use swiping interface
- Bet tracking and leaderboard ranking
- A look at hundreds of daily bets, including spreads, point total, and player props
- Access to free sports betting advice from SharpSide experts
- A voice within the community to provide your own betting advice to fellow SharpSiders
- Opportunity to compete in contests to win real prizes
Who It’s Best For: The SharpSide sports betting app is perfect for bettors of all levels, which is one of the big reasons it’s rated so highly. The app is especially great for casual sports bettors looking to enhance their wagering experiences and do so among a free, insightful community.
With its easy-to-use functionality, users can efficiently scroll through all games and available bets and quickly swipe left or right to make picks. The advice nuggets available from expert sports bettors can provide valuable insight for free, and users can also leave advice of their own, giving them a voice within the community. SharpSide leaderboards allow users to see who the best bettors in the community are across a wide variety of sports and bet types.
Through the app’s bet tracking, bettors of all levels can monitor open bets and analyze past performances by sport or bet type. Furthermore, members of the SharpSide community are encourage to check out all of the free content available on SharpSide.com, where knowledgeable experts cover a wide range of sports to help everyone raise their game to the next level.
Sports Handle Rating: 9.5/10.0
(2) theScore: Sports News & Scores
iTunes download
Android download
This free app provides one-stop shopping for the latest sports information, scores, and odds. theScore delivers real-time scoring updates, real-time alerts, breaking news, the deep in-game stats, videos, and social content. Covering everything from the four major pro sports to pro soccer and more, theScore boasts an easy-to-use interface.
Here’s a look at what you get:
- You can personalize your feed with favorites
- Real-time live scores for every game you want
- Access to what’s got fans talking, from social media to multimedia
- Updated news, including scores, standings, and leaders
Who It’s Best For: A great app for the everyday sports fan trying to get all the latest news about his or her favorite sports team/league. It provides very fast updates to keep fans up-to-date on the latest news in sports info, plus odds and totals for popular U.S. sports as well as European gambling odds (soccer).
Sports Handle Rating: 9.0/10.0
(3) Live Scores and Odds
iTunes download
Android download
Live Scores and Odds aims to get bettors the best line in the market. It has a simple display and easy-to-use interface. Simply touch and hold to create alerts or favorites on games. If you are looking to track a game all you need to do is pick the league of the game from the left hand drop down, the date for which the game is being played on, and then the type of bet you want to track (money line, totals, etc.).
Then Live Scores and Odds will provide you with up to the minute odds from 20 of the top web-based sportsbooks — offshore for now, so we will be looking for updates with odds and lines from legal markets such as in New Jersey and Pennsylvania, where both FanDuel Sportsbook (review here) and DraftKings Sportsbook (review here) have or will soon enter. To wit, Live Scores and Odds claims that they can provide the consumer with a better “vig” (or the charge from a bookie) than available at any land-based casino.
Here’s a look at what you get:
- Live scores and odds for all NFL, NBA, MLB, NHL, CFL, MLS, EPL, Division I NCAA football and men’s basketball games.
- Alerts for game start, final score, end of period, score changes and line moves
- Access matchup data such as away/home records and against the spread.
- The complete line move history for point spreads, money lines, and totals.
- Access to free and paid picks from some of the top handicappers in the industry.
Who It’s Best For: This is a great app to get the best lines for a game. This app provides the consumer with a slew of sports betting information such as the move in money line and totals, the multiple lines put out there by books, and more! The one drawback to this app is that it does not provide the consumer with the most up to date sports news and information, but that can be easily obtained from one of the above apps. If you are a big time bettor, then this is a great app to add to the repertoire.
Sports Handle Rating: 8.5/10.0
(4) CBS Sports – Scores, News and Stats
iTunes download
Android
Rated 4.7 out of 5 from 86,466 reviews, this app has much of what you would want from a mainstream media outlet. The interface is easy to use and you can customize what info you want to see and track. This is the fastest sports app to send push notifications for scores, stats, news, and tweets. And it’s free.
Here’s a look at what you get:
- A scoreboard with real-time stats for each of the major professional sports and one universal scoreboard. A cool feature is the ability to view eight games on one screen;
- Alerts for the teams you select;
- Select cable subscribers (Dish, Frontier Communications, Fubo TV, Hulu, Mediacom, Optimum, Service Electric, Suddenlink, TDS, Verizon, YouTube TV) can watch CBS Sports Network Live on the app;
- The ability to tune into CBS Sports Radio.
Who It’s Best For: The average sports fan who wants to track his or her favorite sports team. The CBS sports app is a great place to gather your scores and news from, but from a pure sports wagering perspective, one of the other apps referenced herein might work better.
Sports Handle Rating: 8.0/10.0
(5) The Action Network: Sports Scores & Live Tracker
iTunes download
Android download
Marketed to “make smarter bets” and created by the Action Network in 2018, the app tracks real-time scores, odds, and your picks. It also provides real-time lines during live games. You can test drive the app for free or upgrade to the Pro version ($9.99/month) or Pro Plus version ($29.99/month) if you’re a more serious bettor.
Here’s a look at what you get at each level:
Free Account
- A bettor’s scoreboard with in-line play-by-play, pick status, first– and second-half lines;
- Pick tracking in real-time, which will update the covering status and results;
- In-game live lines;
- Public bets and money data, including percentages directly from offshore sportsbooks;
- Line and cover alerts;
- Access to more than 40 sportsbooks
Pro Account
This version includes everything in the free account, as well as:
- Public ticket and money totals directly from the sports books;
- Sports content and analysis, including articles from former pro players, including MLB’s Paul LoDuca;
- Advanced game alerts for custom target-line moves;
- Configurable parlay and teaser tracking;
- Key team and league trends against the spread.
- The Pro Plus includes some additional bells and whistles such as parlay and teaser tracking and Advanced line move alerts.
Who It’s Best For: Frequent sports bettor will like this app, as it tracks and logs all of your bets while providing score updates and analysis.
SportsHandle Rating: 8.0 / 10.0
(6) Sports Insights – Betting Odds and Trends
iTunes download
Android download
Billed as “the betting app for smart bettors,” this app provides free odds, lines, spreads, over/under, totals, scores and breaking injury reports. What makes this app unique is that you can see how the public is betting each game via a percentage on the app.
Here’s a look at what you get: Betchain no deposit.
- Odds from more than 50 sportsbooks;
- Full-game, first-half, and second-half lines;
- Public betting trends from seven sportsbooks;
- Line-movement history.
In-app purchases available include:
- Mobile Advantage ($19.99/month) which provides:
- Bet signals;
- Percentage of money placed;
- Percentage of bets placed at the seven sports books tracked;
- First half and Second half betting data.
- The app also has picks for sale, if you are so inclined.
Sharp Side Sports Betting App Free
Who It’s Best For: Experienced bettors will appreciate public betting trends from seven sportsbooks. But the app can be complicated to navigate and novice bettors may find the lingo tough to understand.
Sports Handle Rating: 7.0/10.0
Resourse: https://sportshandle.com/best-sports-scores-and-odds-apps-to-download/