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1. How To Bet And Win Big Money
2. Public Money Sports Betting
3. How To Read Money Line
4. Free Bet And Win Money
5. Bet On Games And Win Money

The statement I’m about to make will most certainly shock any sports bettor who reads it. While most of us are under the impression that everyone betting sports wins long term, so long as they bet often enough, this isn’t actually true.

Wait you’re not surprised? Of course you’re not! Everyone knows the bookmaker has an advantage so more times than not sports bettors lose. However, what if there was a way that the rolls could be reversed; what if the sports bettor always had the advantage?

This is in fact possible.

Make a personal weight loss bet, get your friends together for a team weight loss challenge. Win up to $10,000! YES, TELL ME MORE! After seeing HealthyWage mentioned in an online article about how to make money. Another better can win only one out of ten bets, with the same amount of money placed on each wager again, and win money. Sports betting is all about value. Even though the first bettor has a 90% win rate.

Have you ever heard the term advantage player? This is a label gambling companies assign to players who only bet when the odds are in their favor.

Even though “on average” bookmakers have a 4.55% advantage on straight bets (2.38% @ -105), the key word is “average”; advantage players find bets where the bookmaker’s advantage is negative. Whether your goal is to be a sports betting pro, or just earn a little money on the side, the first step to winning is to stop making –EV bets.

If you understand what expected value, -EV, and +EV mean, go ahead and skip down to our advice on finding +EV bets. If you’re not familiar with this concept continue reading.

Expected Value (EV) Explained

Expected value is a term professional gamblers use on a regular basis. To explain what it means in simple terms I’ll use an example. Let’s say me and you decided to have a coin flipping contest. We flip coins and you give me $1 for each outcome of heads; I give you $1 for each outcome of tails. We could flip coins for all eternity and neither of us will ever have an advantage because on average half the time we lose $1 half the time we win $1. While there will be swings back and forth, as long as we flip the coin enough times eventually we’ll both break even. This particular bet has neutral expected value.

Now let’s say I’m tired of flipping coins, and want to quit, but while begging me to stay you offer me a better deal. This new deal pays me $1.10 for every heads, and I still pay you $1.00 for every tails. What happens now is half the time I win $1.10 and half the time I lose $1.00. If we flip 100 times I should average 50 wins of $1.10 ($55) and 50 losses of $1 ($50). Every flip of the coin I have a positive expectation (+EV) of 5 cents. As the one offering me this proposition you have the opposite, every flip of the coin is 5 cents –EV for you.

Every wager made in sports betting has either a positive expected value (+EV), negative expectation value (-EV) or in rare cases neutral expected value. Winning sports betting requires avoiding –EV and finding +EV bets.

Finding +EV Sports Bets

The reasons most sports bettors don’t spend time learning the tricks of advantage players is it’s slightly time consuming, most have no leads how to do it, are overwhelmed or when they do learn it’s not actually fun. If you’re looking for something fun we suggest paint balling, a trip to the amusement park, circus or what have you. If you’re looking to actually make money then you’ll need to know how to find +EV bets.

At TheSportsGeek.com we have several articles on this topic you’ll want to read:

Teaser Betting Strategy – This is perhaps the easiest method a sports bettor can use to find bets with a positive advantage. When you also read our article on the current betting market, you’ll realize just before game time the lines are efficient. Teasers are based off the current betting lines, so no longer do you need to go do any deep analysis to find out whether as straight bet is +EV. Here find spots where teasers increase the win rate by enough and you’ll have a +EV bet. This is all described in our article on teaser betting strategy.

Prop Betting Strategy – Prop bets are generally considered the easiest wagering opportunity for sports bettors to beat. In our article on prop betting strategy I give a full break down of the prop bet “which team will score first”. After reading that article you’ll have enough information to start finding +EV bets on this specific prop. In time, as you get experience you’ll be able to solve other prop bet on your own and then beat them using as similar method to the one I show in the example.

How To Bet And Win Big Money

Must Read Sports Betting Books

If you’re new to advantage betting some books that will help you greatly with the basics are:

1) Sharp Sports Betting by Stanford Wong

2) Weighing the Odds in Sports Betting by King Yao

Once you’re much more experienced and ready to take things to the next level then I strongly Conquering Risk: Attacking Vegas and Wall Street by Elihu D. Feustel. This is a book for advanced sports bettors and not a good read for anyone not already winning. It is heavily math, statistic and handicapping intensive. If you eventually decided on a career as an advantage player at some point down the road you’ll want to work to understand what Elihu D. Feustel shares in this book.

No matter what methods you use to find +EV bets, the information contained in our article on finding maximum value is a must read. Next, if you’re thinking about purchasing picks, read our article on winning without a tout. In that article you’ll also find some information on getting free picks. Use that with the earlier mention getting max value article, and shopping the market and you’ll likely be turning an easy, yet slightly time consuming profit.

With this out of the way let me now cover the easiest way to get your bankroll started: “Bonus Whoring”.

A Free Lunch in Sports Betting

If you’ve heard the saying there is no such thing as a free lunch, well think again. Here are some bonuses that sports betting sites offer to players making their first deposit:

At the time of writing this Bookmaker is offering a massive holiday bonus of 25% up to $2,500 sports + 175% up to $1,000 poker + 100% up to $250 casino. If you don’t have an account, visit Bookmaker and register using Bonus Code THEGEEK on the sign up field. After logging in, head to the cashier where the available “deposit bonus codes” will be listed. Use this code and you’ll now have the added advantage of massive free play bonus.

Bovada offers 10% cash bonus on bettor’s first deposit. The best thing about this bonus is it is instant and it’s cash (as opposed to free play). Also no crazy strings such as rollover, hold period etc, simply roll your initial deposit and 10% bonus over a single time and it is free and clear your own money to keep.

Here you can get up to $1,000 in free bonus money. Getting the max bonus is a multi step process. First sign up, and be sure to leave the Promotion Code field empty. Next follow the steps on our BetOnline Bonus page to negotiate a massive bonus with their live support.

When you combine +EV bets with free bonus cash, winning at sports betting is a cinch. The only piece of the puzzle you have left is protecting and growing your bankroll. Our best advice here, never wager more than a few percent of what you have on hand on a single game.

Once you have this all down, while it takes other sports bettors a lot of luck to win, the opposite is true for you. A bookie beating an advantage player who uses responsible bet sizing, keeps his composure during downswings while making only +EV bets, is quite difficult. Follow this and the only ways you lose is horrible bad luck!

Once again don’t forget to take advantage of the bonus at www.Bovada.lv!

We wish you the best of luck and know soon enough you’ll be shacking your head confused the same at us, whenever you hear the statement “most sports bettors lose” and clearly you won’t be on of them.

Other Advanced Sports Betting Strategy Articles:

Making money is a universal interest for most people. Even a casual browser of MoneyPantry knows that I, too, share that passion!

I also like free money, which is why I have talked about, and listed 40 companies that give you practically free money, before.

But today, I’m not going to talk about making money or somebody giving it for free.

Instead, let’s talk about winning money!

That’s right, today I’m going to talk about how to win money online. Whether it is contests, sweepstakes, or lotteries, we’d all like to win something once in a while. So this article is dedicated to those ways you can get money that are more unlikely, but have greater rewards than normal.

What Is the Best Way to Win Money Online?

While there are several ways to go about it, winning money online isn’t quite as easy as making it. That is because there is such a limited number of options to “win” compared to the very broad idea of “making” money.

But rest assured, there are ways to win.

The best way to is to enter sweepstakes, which we’ll talk about in a moment.

Now there is a difference between sweepstakes and contests, or lotteries. It is most definitely a sweepstakes which will give you the most bang for your buck.

Below, I’ll list some options for winning money. These should give you some ideas behind the process and help get you started!

1. Enter Sweepstakes

I’ll put this one front-and-center because it is the most tried and direct method of simply winning money.

What do you do?

You enter the sweepstakes. Then you hope you win. That’s it.

A sweepstakes is different from a contest or a lottery in that it is the most “free.” A contest requires some kind of entry, usually a display of skill like writing an essay. A lottery requires that you purchase participation. Sweepstakes, on the other hand, are free entry and free payout (the best of both worlds!)

If you want to get going with sweepstakes, here are some legitimate places to enter:

2. Enter Online Lotteries

While we know that this isn’t the absolute best option, it is a definitely way to win money online.

Do be careful and make sure you scam-check the site before participating. A quick Google search for “(site name) + scam” will tell you what you need to know.

Make sure not to sink too much money by participating in online lotteries. The goal here is to leave with more money!

3. Bet on Weight-Loss

As you may recall in my list of ways to earn extra cash in 2016, there are sites where you (and others) come together to bet on your own weight loss.

The premise is simple: bet your money, set your goal, lose that weight. If you don’t meet your goal, you lose the money. If you win, you win the money. It’s a win-win.

4. Try out MoneyCroc

MoneyCroc has an interesting premise: refresh the page until you earn money. You can choose what amount you’re trying to win, and you have a higher chance of success with lower amounts of money.

The public opinion on MoneyCroc is split. On one hand, there are no explicit complaints of scamming. On the other hand, there are few explicit statements of winning money. This one is undecided, but you may as well take a look for yourself.

5. Enter a “Swagstakes”

An option just for you SwagBucks users out there. A few SwagBucks will get you an entry into one of their sweepstakes, which will net smaller gains than a normal sweepstakes, but also have less competition.

Public Money Sports Betting

This is a good option for the more prudent readers out there, who are interested in making small gains. If you are already a SB user, there’s no reason not to enter these periodically and try your luck.

6. Betting Online

While I can’t directly recommend that you go gamble online (the legality varies by area,) I must point out that there are ways to do it.

In the US particularly, there have been movements in the last decade to limit or eliminate online gambling. So if you are a US resident, read up very carefully before you start!

Furthermore, I must point out that this is a risky option. Losing money is the opposite of what you want to accomplish here, so be careful! However, if you would like to read more, this website has a lot of good information.

Parting Thoughts?

How To Read Money Line

My parting thoughts are that it is absolutely possible to win money online! There aren’t quite as many ways to do it as I’d like, but it is good to know that it is possible.

While I did list some non-free options up above, I must reiterate to never spend more than a few dollars on this sort of thing. There is nothing wrong with dropping a few bucks for a chance at much more, but if you take farther than that, you might end up getting burned.

Free Bet And Win Money

Bet On Games And Win Money

However, there’s no reason not to sign up for all the sweepstakes in the world. So if you get the opportunity, do it! Though, you might want to make a separate email account.