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Getting the Best Line
for Your Bet
From
Bodog Sportsbook
When you are betting football and basketball spreads and totals and
laying 110 to win 100 on every bet, you need to win 52.38% of your
bets just to break even and cover the juice you pay to sportsbooks.
It could be argued that anybody could win 50% of games by flipping a
coin or by having your dog pick teams so the tough part is finding
enough overlays to boost your win percentage above the 52.4% mark.
However, there are other ways to boost your win percentage, one of
which is shopping for the best available line you can find.
If you have an account at only one sportsbook, you have no choice
but to either accept the line offered or not bet. If you use two
sportsbooks, you can compare the lines you get and wager on the one
that provides you with the best opportunity to win your bet. Why
would you have wagered over 42 on St Louis Rams/San Diego Chargers
game last week if you could have gotten over 41.5? Why would you bet
over 41.5 if you could have gotten a wager in over 41? This seems
like common sense, but it is surprising to me how many players take
no heed of the line they are betting on.
Estimates vary, but generally getting an extra point adds up to 4%
to your chance of winning a wager. This is particularly important
around key numbers in football, 3 and 7, and smaller numbers in
general. By smaller numbers, I mean the difference between a 2 and a
2.5-point line is more likely to make a difference than is the
difference between a 22 and a 22.5-point line, but it doesnít mean
you shouldnít make an effort to get the best line possible every
time.
It's up to you to decide how many books you should use. Too few
means you don't have enough variation in the lines but if you have
too many, you may lose some opportunities as it will take too long
to shop all the lines and your bankroll could be spread too thin. Be
sure to choose sportsbooks where it is easy to get the lines you
need very quickly. The magic number is probably somewhere around
five books for most people, but if you only have one account, even
getting two more sets of lines to look at for every game should make
a big difference to your bottom line at the end of the season. In
the example above, what line would you have rather had with the
final score Chargers 31-10? Getting the total at 41 meant a push
instead of a loss! A half point can turn a loss into a push or a
push into a win. Getting a few extra wins or pushes over the course
of the season makes that extra shopping well worth the effort.
Another factor in beating the number and boosting your win
percentage is timing. I am sure you have all experienced a game
where your morning paper says the line is Rams -8 and as you do your
research you like the Rams, but by the time you go to bet it, the
line is -9.5. So, if St. Louis wins by 9, your handicapping
essentially picked a winner even though your bet was a loser! Even
shopping for the best line may not have made a difference if you
wagered later in the day after the line had moved from -8 to -9.5.
If a line opens at -6.5 and moves to -6, you know sportsbooks are
getting action on the underdog. If you like the favorite in that
particular game, you may be better served by waiting as that line
moves from -6 to -5.5 to -5 over the course of the day or the week.
This is tougher to do than shopping for the best line and takes some
experience to get a feel for which way lines move, but after even
just a couple of weeks of tracking opening and closing lines, you
will be better prepared to get the best possible number on every
wager you place.
As a starting point, the pros use a couple of guidelines for
shopping football lines. Generally the public prefers favorites and
over with the total so the lines tend to move in that direction (but
not all the time or books would simply raise those opening lines).
Thus, the rule-of-thumb is to play favorites and overs early and to
play underdogs and unders late. You wonít get the best line
everytime following this rule, but it should serve as a solid base
and will boost your win percentage. Betting the best games at the
best line should be the goal of every sports bettor trying to make a
profit. |