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But, taking a match lightly against a relegation threatened side who also need the points can be a dangerous tactic. Also, what if the so-called bigger team have failed to win in their last three matches against the team in the relegation zone?
What if the last five head to head meetings have all been draws? What if the team in the relegation zone have hit a purple patch of form and won their last few games?
These factors can play a huge part in determining the outcome of a match. The favourites may not look such a banker now, with the chance of a draw or even a surprise victory for the underdog being much higher.
This is one of the many reasons why we provide team news to our members. Betting on impulse, betting with your heart, letting your emotions take over, and betting solely based on the betting odds are all sure-fire ways of losing money.
Impulse betting is where a punter places a bet on whichever matches are available, regardless of their knowledge of the teams involved.
Betting with your heart means backing your own team to win, or favourite player to score first, regardless of the opposition or form of the player.
Whilst some punters may get lucky and win often if they support a big team, those who support a team struggling against relegation every year will lose more than they win.
Letting your emotions take over is a big no-no when it comes to betting. This is usually described as chasing your losses, when you are angry and frustrated after a bet fails to win.
The first goalscorer market is one of the most popular bets in football and as a result, bookies all have their own spin on it. Betfred will double the odds if your player scores twice and treble the odds if he scores a third time.
Ladbrokes, on the other hand, will double the odds if he scores within 25 minutes and you will probably find that most other bookies have their own version to try and get you through their doors instead of someone else's.
Your research should tell you which of these offers will most suit you for any given match. Be flexible and be prepared to put in the leg work.
This is something that, even though it seems like common sense, punters forget all the time. The fewer selections you include in your bet, the more chance you stand of winning.
If you're betting to make money think small, not big. One team or selection if you can stake enough. Three or four maximum.
Once you find yourself putting that fold accumulator on, you really are on cloud cuckoo land. Bookies lose most of their money from singles.
But trebles usually offer a decent return if you really do want a higher payout. If you do find yourself desperately wanting that long-shot bet on a Saturday afternoon, do not pad out your accumulator with odds-on selections.
You're decreasing your chance of winning for next to no extra cash. This is really easy to do in tennis. It's the opening week of a Grand Slam and you see the top players are all drawn against relative unknowns.
It would seem like a great idea to lump them altogether in a multiple to try and win some easy money. But this would be a mistake.
Probably not. It would make more sense to do some research and find an up-and-coming player who has a favourable draw and back them at a better price.
Again, once you've done enough research, you should know you're sport well enough to find better value in the hundreds of other markets the bookies offer.
It is arguably a way for the bookies just to provide you with more ways to lose but you can find the good prices if you look hard enough.
For example, you might not feel safe putting Leicester City to beat Man City in your accumulator. They're higher than them in the league but does that mean they're a stronger team?
That's for the football pages to discuss. Emotions can get the best of all of us, and bad decisions can be made from those emotions.
Part 2 of Understand moneylines. The team associated with the minus number the Leafs is the favored team, while the team associated with the plus number the Canucks is the underdog.
However, you can bet on the moneyline for almost every sport. Learn about point spreads. Point spread betting is more popular in games where there's a larger gap between the final scores.
Understand parlays. Parlay betting involves making multiple types of bets on the same game. For example, if you combined a moneyline bet and a point spread bet on the same game, this would be a parlay bet.
These bets often offer large payouts, but they require a great deal of accuracy. Part 3 of Shop for the best lines. This is where having accounts with multiple sportsbooks will come in handy, because some will offer better moneylines on the same games, meaning you have to risk less for the chance to win the same amount of money.
The best time to line shop is about an hour before a game. Make bets based on the odds. Betting with your head instead of your heart is all about making smart bets based on odds rather than emotions.
For instance, if you're betting on a baseball game and think the Yankees are going to win, you might still be better off placing your bet on the Jays if the odds are right.
Take advantage of matched betting. Matched betting involves taking advantage of the bonuses and incentives offered by books to place bets for and against the exact same event.
Matched betting is all about taking advantage of free bets and betting for both possible outcomes on the same game, so this type of betting is as near to risk-free as you can get in gambling.
That's the spread -- the under dog is plus 7. If you pick the favored team and they win by more than 7, you win. If they win by exactly 7, you tie.
If they win by less than 7, you lose. Not Helpful 7 Helpful Matt S. Click below to get started. Register now! Find out more. We allow every customer to set deposit limits in their account settings and will process these instantly.