Sports Betting Q&A
Frequently asked questions about sports betting
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What are some current trends in sports betting?

Betting trends usually refer to what the public is doing. You have two choices, to follow the public or fade the public.

Following trends is always worthwhile in sports betting because you can find out what the general public thinks of a certain matchup. For those that follow trends, one of the more popular strategies is to fade the public. In a basic sense, the public money usually goes to the obvious side of a matchup.

Fade the Public

For example, the Baltimore Ravens are coming off a dominant 30-point win and are a -3 point road favorite against the Pittsburgh Steelers, who were blown out by the Cleveland Browns the prior week. On the surface, the Ravens look like the better team and are probably the better team. In this situation, it's possible 80% of the public money is on the Ravens simply because they look like a better team to the naked eye and recent results back that up. However, that's only one side of the equation.

Maybe the Steelers have won the last five matchups between these teams when played in Pittsburgh or maybe they're 9-3 straight up in their last 12 games as a home underdog. These are the kind of numbers the public doesn't usually care about. When a matchup is posted at a sportsbook and bettors see the spread of -3 for an undefeated Ravens team against a five-loss Steelers team, the majority of them will flock to the small spread. 

If you back the Steelers +3 in this case, that's fading the public.

Follow the Public

On the other end of that, a bettor may have numbers that support taking the Ravens -3. Maybe they have won their last five games by double digits and the Steelers have failed to cover their last five divisional games. After going over those numbers, a bettor could then see the 80% of money on the Ravens and use that as evidence that it's the correct pick. If everyone is on the Ravens, then that must be the correct play.

If you back the Ravens -3 in this case, that's following the public.

Fading or following the public is a personal preference, but it's important to remember that sports betting exists because sportsbooks make money on losing bets. In turn, most of that money is made because of the public being wrong more often than not. That being the case, fading the public may be the best trend to follow.

Read More Sports Betting Q&As

More Questions To Read
Who benefits from sports betting?
Sports betting not only benefits each state, but it also gives fans another way to enjoy games.
What is a sports betting model?
A sports betting model is a system that can identify unbiased picks to determine the probability for all outcomes in a certain game.
What is a sports betting exchange?
A sports betting exchange allows bettors to bet against each other instead of through a bookmaker.
What are some tips for managing your bankroll when betting on sports?
The most important tip when betting on sports is to limit each bet to be between one and five percent of your bankroll.
Can sports betting be a career?
Yes. Sports betting can be a career if you make it your full-time job and put in the hours.
Can sports betting make you rich?
Sports betting is unlikely to make you rich unless you turn it into a full-time job and become one of the best bettors in the world.
Is sports betting a waste of money?
Sports betting is not a waste of money if you define your goals before making your first wager.
Can sports betting be profitable?
Sports betting can be profitable, but the majority of bettors lose money, which is why sportsbooks exist.
What some simple tips for betting on sports?
A simple tip for betting on sports is to remember that only a small percentage of bettors are profitable in the long run.
What are some good sports betting tips for beginners?
A tip for beginners may be that turning a profit in sports betting is difficult and because you "know sports" doesn't mean you'll be successful.
How do you win at sports betting?
To win at sports betting, one has to put time into studying and researching various aspects of a matchup.
Why should sports betting be legal?
Sports betting should be legal because not only is it another way for fans to enjoy action, but it's also a boost to the economy.
Is sports betting rigged?
Sports betting is not rigged, but it is against your favor because of the vig.
What is the tax rate on sports betting winnings?
When PASPA was overturned in 2018, states began legalizing sports betting and introducing different taxes on revenue.
How do sports betting payouts work?
Sports betting payouts depend on which type of odds are being used.
What is a bookie in sports betting?
A bookie is someone who facilitates gambling by setting odds, accepting and placing bets, and then paying out the winnings.
What are some popular sports betting books?
BetMGM, DraftKings, FanDuel and PointsBet are some of the more popular sportsbooks where sports betting is legal.
Which sports betting site is best?
BetMGM, DraftKings, FanDuel and PointsBet are some of the more popular online sportsbooks where betting is legal.
What is a hedge in sports betting?
A hedge is a method to reduce risk and secure winnings for a specified bet.
What is the spread in sports betting?
The spread, also referred to as the line, is used to even the odds between two unevenly matched teams.
How do sports betting spreads work?
Sports betting spreads, also referred to as lines, are used to even the odds between two unevenly matched teams.
What does hook mean in sports betting?
The hook means a half-point in sports betting.
What is arbitrage in sports betting?
Arbitrage in sports betting is when someone places bets on all possible outcomes of an event at odds that guarantee profit.
Can you arbitrage sports betting?
Arbitrage sports betting is legal, though it's frowned upon by bookmakers.
How are sports betting odds calculated?
Sports betting odds are calculated with the main goal for sportsbooks being to receive equal money on both sides of a bet.