Online sports betting- Pros and Cons

indian sports betting

Online sports betting is a very popular activity. This isn’t surprising, as gambling has been popular throughout history. People enjoyed betting and gambling long before the internet existed, it’s just that with the evolution of the internet, it has become even easier. Let us take a look at some of the pros and cons of online sports betting.

Read Also: Learning Different Types Of Sport Odds

Pros of Online Sports Betting

Great Entertainment-Mostly people gamble in sports purely to have fun. Gambling can be a fun activity even if you are at a losing stake. If you set a limit on how much money you are risking, then the losses will be insignificant and simply a price for the entertainment. It is similar to spending money on other fun activities. This positive side applies to all kinds of gambling, not just online sports betting.

Convenience-  Sports betting through the india play  is a very convenient way to get into this fun activity. You never have to leave your house and the sites don't have a fixed closing time. You can choose the time and place you want to bet. When placing a bet online, you won’t have to worry about getting to bookmakers to place a wager just before an important game. Hence, online sports bets are extremely convenient.

Suitable for everyone

Most sports betting sites offer prices for every budget. You can deposit as little as 15$ and go up to thousands. You have the choice to bet as little as you want, but if you are a high roller player then you can bet as high as you want. This is generally not the case in live betting.

Cons of Online sports betting

Convenience & Comfort- Even if this sounds weird, yes, too much convenience can be bad for bettors especially in sports betting. With easy access, some people can find themselves carried away since the internet has made betting too easy for people to gamble. Gambling can be addictive, so having access to a means gambling at home at all times can be a problem for some.

Online Sports Betting

Rogue Operators

Most of the online betting sites are operated legally and fairly by reputable companies. However there might be some operators that want to scam people. Fortunately, these kinds of operators are few in numbers are usually identified pretty quickly and doesn't sustain long in the market.

Legal & Regulatory Issues

The laws relating to online sports betting vary around the world. In some regions they are very complicated, which makes it hard to identify exactly what’s legal and what’s not. This makes a lot of people stay away from sports betting or any kind of gambling for that matter. Most legislation is targeted at those that operate gambling sites rather than the people who use them, but it can still be confusing when the laws don't give a clear picture. Regulation is in different parts of the world, and it’s not always as strict as it should be. 

Why parlays are the worst sports bet that exists

Why parlays are the worst sports bet that exists

Sports betting has become popular recently. A sports betting is a grouping of repeated practices or rules that a sports bettor will do or utilize to make winning sports betting picks. Let’s check out a few examples. When you decide you are going to place NFL home underdogs at stake when the spread is over 7 points, you use a sports betting system. When you consider all-state champion wrestlers to place bets during their UFC, you use a sports betting system. If you are betting on an NFL home team that is a favorite of three to seven points.

Any set of parameters that assist you to select the winners is a sports betting system. The system can be simple like the first two examples, or it can be much more complex. Sports betting systems can become more complex by using a lot of complex formulas.

The sports betting system can be a check-off system or a mathematical formula that produces a desired line.

Some important theories in sports betting

Negative Progression Systems

This is often employed in sports betting. The three sub-strategies are Martingale, D’Alembert, and Labouchere plans

D’Alembert Betting Theory

By this theory, each time you lose your bet is increased by one base until you win

In the below article we will check out the features of parlay’s betting:

The parlay betting is similar to an accumulator. The parlay bet is very attractive and also highly dangerous. When a combo bet gets unified with two or more wagers linked together it can be termed as parlays. If any of the bets in the parlay lose, then the entire parlay loses. However, bettors can sometimes parlay several teams together to receive huge payouts. It is imperative to do the selections correctly to win

Parlays are most popular during football season.

Parlays enable bettors to turn small wagers into real money. Parlays can prove to be more advantageous than straight bets and can provide a larger edge. As more and more bets are included in the parlay, the hype increases— especially at Las Vegas sportsbooks.

There are many restrictions about correlated parlays and how many wagers can be combined however, most sportsbooks use a similar payout formula for parlays. 

Parlays Betting

The main difference between betting parlays at a Las Vegas sportsbook when compared to an offshore sportsbook is that the Vegas books do not offer true odds. Parlay bettors are risking more with a lower probability of collecting the payouts, for this reason, a flat betting strategy is recommended. To be successful sports bettor money management is an important criterion. The flat betting strategy allows bettors should wager a consistent amount (typically between 2-4% of total bankroll) on every game. The main issue of the parlays is that parlay doesn’t usually offer true odds and usually, a higher commission is charged as compared to others. For effective results at parlays, you can utilize the sports betting bonuses and you can bypass the betting limits with the aid of parlays. The points need to be bought judiciously for better gameplay.

Explanation of point spread for sports betting purposes

Explanation of point spread for sports betting purposes

Betting is a good source to get some extra income at present. Betting was popular for a long time but earlier it was termed illegal. Currently, it is getting popular worldwide, in some countries betting is now legally permitted. 

Read Also Horse betting – How does a horse falling affect its next race?

Point Spread for Sports Betting

A point spread a forecast of the number of points constituting the margin by which a stronger team is expected to defeat a weaker one, used for betting purposes. The spread does not mean to be a true representation of a particular team's ability to win against an opponent. It is designed to attract an equal amount of money from both the teams so that the sportsbooks are guaranteed a profit. But you should keep in mind different games have their own rules for spread. Each team is given a point total by the oddsmaker that can either be added or subtracted to the final score so for common people it is seen as matches but for bettors, it is already a pre-planned game to generate income for both teams equally. Generally, a spread is listed with a corresponding money line where the 5% or 10% amount is charged by the house or sportsbook to minimize their potential losses, depending on the outcome. For example, if a bettor bid for every 1.10$ then the bettor can win 1$. If you win a point spread bet then you will get your original 110$ bet back plus 100$ you won and total you will get 210$. But if you lose then you will lose your 110$ so you can see that the sportsbook will get an extra 10$ and still end up ahead even if you will place 110$ wager and win it next time. If it is said that “Cover the spread” then it means that the favorite wins an event with the handicap taken into account or the underdog wins with additional points. Take an example if the odds are minus (–), then that amount of money must be wagered to win $100. But if the odds are plus (+) then the amount of money would be earned on a successful $100 wager. (e.g. +150 means you make $150 on a $100 wager.).

sports betting

Strategy for betting point spreads is different for each sport and league, but here are four tips that you can apply in a point spread. First, take Advantage of Bonus Offers. Second use Multiple Betting Sites. Third- Be Careful of the choices made. Four- Understand Key Numbers.

Point spread betting is extremely popular worldwide. It gives a reason to bettors to bet money on both teams. The better team is considered a favorite. The worse teams are termed as underdogs. A point spread is more popular in football and basketball betting. It is imperative to understand the difference between the money line and point spread. Deciding when to money line and when to point spread is an important decision that the bettors need to make. A money line is more popular in hockey and baseball. Playing through a good strategy is more important.


Habits of Losing Horse Punters

Habits of Losing Horse Punters

If you are looking for a shortcut rule for succeeding in horse racing it is essential to examine what many individuals do then do the precise opposite! The bulk of punters exists to kick money onto the pot for the professionals to be at the top of every race day.

In the below article we will learn about the habits of losing horse punters

Read Also Horse betting – How does a horse falling affect its next race?


There is a documented saying: "Fail to plan and you propose to fail". A punter without an idea is a sort of a ship without a rudder. In racing an honest plan means identifying the quantity of cash and breaking that goal down into monthly or weekly targets. Without an idea, you have got no way of measuring your success.


Losing punters can happen now and then but it would not happen consistently. Disciplined investors search for smaller daily returns that they compound (by gradually increasing the dimensions of their betting bank) over a variety of months then years.


Losing runs are a part of every profitable betting system. Successful betting investors will run through these because they know a winning run is going to be just around the corner. A losing punter, however, may abandon a profitable system after a couple of losing days, robbing himself of an income stream that would go well into the longer term. Now is closely associated with point 1: work the plan and be secure within the knowledge that losing runs are going to be a part of that plan. Consistent and constant action is the hallmark of future profitability.

Losing Horse Punters


Have positive expectations of high returns but do not confuse this with getting greedy. There are two common scenarios for the losing punter: he is going to be having a successful day, on the other hand, abandons he decide to choose the large score which may often erode or eliminate his gains made earlier within the day or he is having a losing day and tries to recoup his losses on an equivalent day. This "throwing good money after bad" is that the single worst trait of a losing punter. As a knowledgeable investor, you would like to remain far away from it in the least costs.

Not - Disciplined

Having an idea, patience, being consistent, and keeping your greed in restraint all amount to zilch unless you adhere to every one of those facets strictly. The law is simple: if it works, do not change it! The temptation will come to possess a flutter on a horse with positive media coverage or surrounded by favorable rumors and betting a couple of dollars on such horses is OK but do not lose sight of your main objective – making consistent profits using the principles outlined in your betting plan.

That is all of them. Regardless of which betting plan you finish up adopting, confirm you avoid the pitfalls outlined above. As a final word, grant a little blessing to the habitual losing punters: the more there is of them, the better it is for the folks to earn more money!

Horse betting – How does a horse falling affect its next race?

Horse betting - How does a horse falling affect its next race?

Horse betting has gained huge popularity recently and has the potential to give a large amount as profit to the bettors. You can win a huge amount of money if you place the bet on the right horse that has the highest probability of winning the race. In North America generally, 3 types of bets are there.

In many horse races, there is a gambling station, where gamblers can bet their money on a horse. Gambling on horses is prohibited at some tracks like Springdale Race Course and Colonial Cup Steeplechase in Camden where betting is illegal due to a 1951 law. Most tracks offer betting where gamblers can pool their money and shared proportionally among the winners once a deduction is made from the pool but in some countries, such as the UK, Ireland, and Australia there is an alternative and more popular facility is provided by bookmakers who effectively make a market in odds. This allows the gambler to ‘lock-in’ an odds on a horse at a particular time and it also provides not only purse money to participants but considerable tax revenue with over $100 billion wagered annually in 53 countries.

Does falling of horse affect the next race?

Horse racing is an enthusiastic sport that generally involves 2 or more horses. There are so many types and styles of doing horse racing for example flat racing, jumping racing etc. and different countries have different styles and traditions in horse racing with different breeds of horse. But here also some breeds of horses are restricted to take participate in the horse race.

The obvious question that exists in the mind of bettors is whether falling of horse affects the next race or not. There exist probabilities where you and horse can get injured as many times during horse racing players and horses fall. The players can also get rib and bones fracture and can sometimes die as well. But the risk factors of getting injured are less as compared to early times. Thanks to the medical advancements, now ambulance and doctor are available at your fingertips. Also currently the tracks are also proper as compared to the earlier times. Also, the horses are more trained and they get professional training by an experienced trainer.

Some Member of the Department of Emergency Medicine at the University of North Carolina found that a four-year-long study of jockey injuries and declared to The New York Times that “For every 1,000 jockeys you have riding [in one year], over 600 have treated injuries.” She added that almost 20% of these had a serious head or neck injuries and they also reported 6,545 injuries between the years 1993–1996. More than 100 jockeys were killed in the United States during the year of 1950 and 1987.

Horse betting

So, if you fall then there is hardly any possibility of you might not get fractured or get injured.

According to The Jockey Club’s Equine Injury Database, nearly 10 horses died every week at American racetracks in 2018 and around 700 to 800 racehorses are injured and die every year, with an average of about two breakdowns for every 1,000 starts. So this is dangerous for both the player and horse so the players should keep in mind that they should give the professional training and horse should be of 2,3years of experience of training otherwise there is a big life risk.

Is value betting worth in Cricket?

Cricket is undeniably a popular game and if you are a fan of cricket betting then you must be familiar with the term value betting.

A value bet is a kind of betting where the winning chances are considerably high and the probability of a desired outcome is higher than what reflected by the bookmakers. This can be understood with a specific calculation. If you understand the calculation well you will have fair chances of winning. It may be challenging to determine the exact probability in a given match. However, if you check minutely the sharp book maker’s odds, you can ace the betting easily.

Cricket Betting 

Value bets generally takes place once new information enters the market. It can happen if the lineup changes or if a key player gets injured. It is also imperative to comprehend the expected Value and variance to do the correct calculation of probability. Variance can impact your result to a great extent.

Value betting can be compared to coin tossing. If the difference is higher than the value of the bet can be more profitable 

It is not only important to win every bet but the focus should be to make positive bets:

You may not necessarily win every bet but you are expected to make decisions that have a positive expected value. 

Variance can have an impact on your results. However, if you consider for a long time the luck may be replaced by skill. Probability factors come into the picture. There are strategies which can be employed to get guaranteed results. This is known as arbitrage

It can be any set of parameters that helps you to select winners. The system can be simple as it sounds and can even get complex. Usage of a lot of complex formulas makes it complex. It can be a great idea to analyse the past trends before placing your bet. Through the right amount of research you come to know about a lot of facts like which player is in his best form, if any player has faced some injuries. Also you come to know about the game play of different teams. These knowledge will definitely help you to take an informed decision during betting.  

IPL cricket

The gamers should understand what all the different betting options meant and how the odds were worked out. They should also have knowledge on which markets to look out for and which ones to avoid. These things may require time and dedication to learn. Once you know them, you can make any wager you like with total confidence.

If you are a newbie you should stick to what you has decided earlier and should not get carried away by emotions before placing the bet. Also, you are advised to follow the bookmakers and gain a fair understanding of them. For being on the safe side you can bet on the well-known events and the bets should be placed close to the match start. Also, keep your bankroll updated as by this process you will have a fair comprehension of the assets.

How to bet hockey puck lines

How to bet hockey puck lines

Hockey is undeniably one of the most preferred sports for betting. Puck lines will always accompany have a 0.5 or half-point to prevent pushes. The favorite must win by 2 goals to hide the spread. Many betting sites will offer -2.5 puck lines in some cases or alternative puck lines where the money line underdog is laying goals for a high odds underdog wager. There are times when betting the puck line makes more sense than taking the money line or making totals back a ice hockey. If there is a transparent favorite and tiny value on the underdog, a puck line bet could earn you more profit. By depending on the favorite to win by two or more goals, you will get the likely winner of the sport at a far better price.

Betting on hockey puck lines

Puckline betting is hockey's version of a point spread. the favorite on the puck line will usually be -1.5, meaning it must win by quite 1.5 goals, and therefore the underdog will usually be +1.5, meaning it must lose by not quite 1.5 goals.

However, unlike money line wagering, the worth on the favorite is usually plus-money because the team must win by quite 1.5 goals, meaning the payout is going to be better. Conversely, the worth on the underdog is minus-money because you are getting 1.5 goals, your payout is going to be less.

hockey puck lines

The reason this sort of NHL bet only uses 1.5 goals is because hockey games are not high-scoring affairs. The foremost goals scored by a National League team are 16, when the Montreal Canadiens placed on a clinic over the Quebec Bulldogs in March of 1920. However, this is often generally not the case as NHL teams have averaged 2.95 goals per game over the last five years. The foremost common outcome maybe a 3-2 final.

When depending on the puck line, you ought to consider many of the equivalent strategies for fulfillment in NHL playoff betting. Coaching, goal tending, injuries, and statistics like possession, quality of chance, and shot totals can all be helpful metrics.

However, there is one factor that is often overlooked but can make all the difference in how an NHL team performs on game night: travel schedules.

There are instances where this type of betting makes more sense than taking the money line or making a total or spread bet. When there is a robust appeal in wagering on the favorite on the odds board and tiny value on the underdog, a puckline bet could net you more profit. By depending on the favorite to win by two or more goals, you will get the likely winner of the sport at a reduced price.

Learning Different Types Of Sport Odds

Learning Different Types Of Sport Odds

It’s quite hard trying to figure out if the odds for a given game are fair or attractive. It’s even harder once you work out a way to read the odds in the first place. There are alternate ways of writing sports odds. Even though the meaning is identical, it can be confusing. Let us take a glance at the most common sports odds mentioned by the gambling experts:

Different Types Of Sport Odds

Fractional odds 

This is one of the easy to understand wager. Though fractional bets are most common in the United Kingdom, it is often used in North America as well. These odds are paid in fractions which means if the odds are 5/3 then for every three dollars you bet on the game you would make a profit of five dollars. At 4/1 you would make four dollars for every dollar you bet, and so on.

Decimal odds 

You will experience these kind of odds when you are betting mostly in continental Europe. Decimals odds of 4.50 derives 50 cents for every four dollar. It is identical with fractional odds of ½ and U.S. odds of -200. Even though decimal odds are most commonly listed with two decimals places, they can be expressed with more than that in some cases.

Types Of Sport Odds

Hong Kong odds 

These are similar to decimal odds, except that they don’t factor in the original bet which means that Hong Kong odds of 1.00 are fundamentally even money which implies you get one dollar back for every dollar you bet. In previous types of odds, fractional odds of ½, U.S. odds of -200, decimal odds of 1.50, and Hong Kong odds of 0.5 are all the same thing, and so are 3/2, +150, 2.50 and 1.50 respectively. Hong Kong odds are easy to understand, but if you can’t get hold of it don't worry unless you heed to Asia.

Over-Under Bets

A way in which sports bets are offered is termed over-under. Again, this kind of bet can only be offered when scores are kept within the game being played. In such cases, the gambler can punt the overall number of points scored by both the teams no matter which team scores what proportion

Aside from the most important sports bets, gamblers can even punt individual phases of the sport like which player will score how many points at which phase of the game, the list is practically endless. 

Lazy Sports Betting Tactics

Lazy sports betting Tactics: Sports betting are popular worldwide. It is not only fun to watch these sports but it has the potential to give you huge cash. Earning a good amount of money in sports betting requires luck and some strategies. In today life everyone wants things to get simplified or easy. In sports betting so many people are lazy they want to earn but do not want to work hard or invest time in finding out more strategies. Let’s look into some lazy sports betting tactics followed and see if they work out:

Flipping coins

this is the easiest method followed. You generally pick your favourite team by tossing a coin

Doubling out strategy: 

This is another common strategy which is followed by the bettors. But it involves a lot of risks. It has a 50/50 chance of picking winners. If you have a big bankroll you can go for this strategy. Middling: This is an easy way of making a profit. Middling refers to finding lines at a different sportsbook

Handicapping against the spread shortcuts: 

This is more popularly referred to as the ATS. Betting against the spread is quite common with the punters. This can be followed as lazy tactics for betting. Below are some tips for ATS betting Invest in the less popular sport: This is the most important tip for ATS. The more popular the sport the tighter the line is. Use all of the available resources: you can gain good statistical data from the internet or social media sites like Twitter. You are recommended to do your research thoroughly before investing. Pick a few teams and speculate their performance: It can be helpful to pick a few things and invest in them. Over/Under lines can be tricky initially: This can be tricky initially but once you gain an understanding of the same you can earn good profits. Lines 3,7,10, 14 are important in football: Understanding the importance of line is important in football. The mentioned lines play an important role. It may be wise to invest in them to earn good profits.

The home field always have their advantage

Home field has its advantage. You should keep this in mind while making your bet. You don’t have to work too hard to be a successful bettor. Some smart work and good strategies will help you earn millions through betting. You are advised not to risk huge money unless you have a big bankroll. You can follow the tips mentioned above to help you.