When it comes to the most profitable and popular sports to place your bets on, explore the best sports to bet on and which ones don’t pay off!
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If you’ve been wanting to try your hand at sports betting, you are among the 46% of Americans with an interest in the game of chance. Since the Supreme court struck down the ban on sports betting, more states are allowing in-person betting to happen.
Whether you are new to betting or a high roller looking to deepen your pockets and try a different game, figuring out the best sports to bet on is one of the first things you should do before placing that initial bet. Continue reading to learn the best way to bet on sports so that the betting odds are ever in your favor.
Horse Racing: One of the Best Sports to Bet On
Earning money by choosing the winner of a specific race or derby makes horse racing one of the easiest sports to bet on. The minimum bet in most races is only a dollar or two, so you don’t lose much if your horse doesn’t win. A basic or straight bet in horse racing has you bet on the Win, the Place, and the Show, or first, second and third place.
If you are brand new to horse racing, you can use the odds board to make an educated guess on what horse has the highest chance to win, based on previous race performances, practice times, and lineage. The higher the odds, the more money you stand to win if your horse crosses first.
As you follow horse racing extensively and do your research, you can find yourself winning more.
One of the most popular sports to bet on, you are allowed to place bets on football wins starting the moment the SuperBowl ends for the following year’s event with a huge payout if you win. For smaller wins, you can place bets on individual games and division championships.
With not only NFL games available to bet on but college as well, if you guess correctly, it could be prolific. One of the things that make football so popular is all the information available to help you make your bet. And oftentimes, the favored team comes out victorious, because they are favored for a reason.
Another of the best sports for betting, boxing is a big-money event. One of the cons to boxing is that the fights happen sporadically, instead of on a set schedule like football, but when they do happen, there are several ways to win.
The first is to choose the winner of the fight. Betting sites like Bet Explorer put information out there to help you make your final decision. Other ways to win are to determine if the fight will end in a knockout or decision, and how long the fight will last.
Hedge Your Bets
Sometimes the best sports to bet on are the ones you know. Other times, following the data or advice of someone who knows the ropes will be your top horse as you dive into the world of sports betting.
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