Can you name something more exciting than betting on a sporting event? The list of answers may be concise.
With sports betting becoming legalized around the United States, more and more people are diving into this industry head first. As of April 2022, 20 states (including Washington D.C.) have legalized sports gambling, with Maryland, Ohio, and Nebraska pending.
According to the American Gambling Association, Americans wagered more than $57 Billion on sports in 2021, which is their highest-grossing year.
To put in perspective how fast-growing this industry is, New York, legalized online sports betting in early January of 2022; in its first five weeks, that was more than $2 billion in wages and nearly $80 million in tax revenue.
The next question you may have is, how do I get my piece of the pie?
You have come to the right place because below, we rank the Major sports from Hardest to Easiest events to bet.
If you live in a state that has yet to legalize sports gambling, that is ok, and you can still get your piece of the pie. Go online and research and find some of the top offshore betting sites to place your wagers. Yes, it is legal because many offshore sites are based in other countries.
MLB – Baseball
Baseball is America’s favorite pastime, or so they say.
When it comes to sports betting, the NFL or football, in general, is the King. If football is the King, that makes Baseball the Prince of sports betting.
Baseball is the only major sports league playing through the summer months and has games almost every day, and this gives bettors non-stop action all summer long, which is why I think this is the most challenging sport to bet on consistently.
Unlike football, which is predominantly a spread sport, baseball bettors only need to pick who wins the game, not who covers. Because of this, the moneyline is a more popular bet type when it comes to baseball. Other bets include betting the spread or run line, game totals, Strikeout or K props, and even team totals.
Baseball is not a challenging game to understand or follow, but the daily grind it takes to follow baseball makes it hard. There are 2,340 games in an MLB season with roughly 5-10 games daily.
In baseball, a 162-game schedule can occur with many winning and losing streaks for teams, and as a gambler, it is hard to figure out when those streaks can happen. For sharp bettors or great gamblers, you have to pick your spots and have a sound system when betting baseball. You can bet on every game every day; you will break within the first two weeks. Baseball is very analytical and static-driven, so you may have some luck if you are a numbers nerd.
NFL – Football
As mentioned earlier, the NFL is King when sports betting.
According to research from the AGA, 31.4 million Americans bet around $7.61 billion Super Bowl LVI matchup between the Los Angeles Rams and Cincinnati Bengals. That is a 78% increase from last year.
The NFL is the most bet sport, but it is also the most-watched sport in the United States. Because of this, oddsmakers and bookmakers have to be extra sharp when it comes to publishing lines for NFL games.
It is tough to gain an edge on the books when betting on the NFL, but it is possible to do so when you pick your spots.
There are several ways to bet on an NFL game, the most popular is betting on the spread. While betting on the spread may be the most popular type, it is the hardest wager to profit on. NFL games can be so unpredictable toward the end of games that the spread often gets thrown out the window because of it.
Money Lines and game totals are other types of bets you can typically profit on as you can predict the outcome of games easier in that sense.
Below are some profitable tips when betting on the NFL
- Betting Home underdogs
- Betting Divisional underdogs
- Betting against the west coast team visiting the east coast teams
- Betting teams off a big loss to good opponents
NBA – Basketball
Like the MLB season, the NBA season is long, as all 30 teams play an 82-game schedule. The daily grind can be exhausting, but the NBA is one of the top-heavy leagues in sports.
Preseason odds showed the Los Angeles Lakers and Brooklyn Nets were the favorites to win the NBA Championship, but it was hard to see why a few weeks into the season. Both teams struggled to win, and ultimately, the Lakers missed the Playoffs, and the Nets were swept in Round 1 of the playoffs.
By watching and following the NBA, a profitable gamble can easily find mispriced lines and gain an edge on the books.
Betting the spread, Moneyline and Player Props all be profitable if you follow the game daily and follow some of the tips below.
- Bet Early. Gain an edge on the closing line
- Look for Scheduling Advantages
- Study and React to Injury reports
Like MLB, NBA betting can be very analytics-driven considering the data and stats available, and gamblers can use basketball as a great starting point to win money.
The easiest sport to bet on is making you the most profit at the end of the day. The hard part is finding out which sport that is. When first starting, start slow and learn what works for you and what doesn’t, and that may include the types of wagers and sports that come most effortless to you.
Whatever sport you choose, make your set appropriate time to study and research that sport and types of wagers to confidently place well-informed and intelligent bets. Good Luck, and may you become the next great sports gambler.