These are the NFL Betting Myths that Can Lose You Money
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Given the massive
popularity of the NFL, it's not surprising that the sport is shrouded in
so much betting misunderstanding and misconception. And in one point of
These myths are likely to have contributed to your gambling experience.
your bets and your money. Let's separate the betting myths.
Realism is the best way to make sure you never lose money again.
Myth #1: Betting lines are created to beat the public.
Reality
With the exception of the Super Bowl, the public plays almost no role
in the line making process. The line is then created and adjusted.
Meet the professional gamblers, because they are the ones who will give their opinion.
casual fan, who bets serious money on the game.
Myth #2: Balanced action is possible with betting lines
Reality
The goal is to create a line of betting that is equal in value.
attraction to both favorite and underdog players, it rarely works out
that way. More typically, a third of the games on the NFL schedule will
have an insignificant amount of betting to cause much of a concern,
another third will have active but balanced betting and the remaining
Third will be mainly one-way. Traditionally, how the house
These lopsided games are called "decisions" and determine whether or not a player wins.
Books win or lose.
Myth #3: Bookmakers have insider information they can use to create "trap" games.
Reality
It's hard to believe that almost everyone has access to the internet these days.
It's not so much about the information, but how it is interpreted. Bookmakers
still may occasionally receive information regarding injuries or
weather changes before players, but thanks to technology, that advantage
often can be measured in seconds. A bookmaker could find a bookmaker many years ago.
He might offer some valuable data to try and lure the bettor.
The "wrong" side. Those days are gone as inside information has all but
It has been dissolved and there is no "trap" game.
Myth #4: Bettors have the edge early in the season because odds makers and bookmakers need more time to assess the teams.
Reality
It takes more time to analyze the first week of the NFL season.
Any other is. More information about the NFL teams is available.
than a month before the opening kickoff. It's true that some teams do not have the time to prepare for kickoff.
often do not tip their hand during the preseason or against weak,
non-divisional foes, players are in no better position to uncover this
deception than are bookmakers. Historically, the first six weeks of the
season have been very kind to bookmakers. That's probably not just luck.
Myth #5 - Professional gamblers choose their spots and only bet a few games per weekend.
Reality:
In reality, skilled gamblers wager a lot of different games. Think of it this
way: If you're a successful gambler, why risk serious money on just a
few games where a freak play or an official's call can make you a loser?
The more you cast the net, the less luck is in your favor.
End result
Myth #6: Wiseguys bet more on games they really like.
Reality
More than any misconception, this myth probably best illustrates the
There is a difference in how professionals and amateurs think. A professional
A gambler believes that betting on a game worth playing is worthwhile.
This is a significant difference. Professional gamblers typically wager about the
same amount on every game they play. A "best bet" can be described as a wager that is more than one game.
media creation that is foreign to professional sports bettors.
Professional gamblers believe that all of their bets are profitable.
They make them.
Myth #7: Bettors can win by concentrating on a specific conference, division or region.
Reality:
Not likely. It's not enough to have one specific area of expertise
because the NFL schedule demands that teams play half their games
Outside their own division. It is useless to know the strength of a team.
if you don't also know the strength of the opponent.
Myth #8: Statistical wagering trends are important.
Reality:
Technical analysis may be popular but it's hardly meaningful.
Professional gamblers don't trust the underdog/favourite.
Gridiron often cites home/away point spread analysis
"handicappers." http://naturallyman.com/blackjack-myths-and-legends/ It's just another method of back fitting dismissed as
irrelevant by wise guys.
Myth #9: It's never wise to bet on rumors
Reality:
Oh, yes it is. http://rugbyincanada.com/despite-regulation-online-poker-is-still-increasing-in-demand-and-popularity/ For example, if a professional bettor hears a rumor that
Peyton Manning is ill with the flu and cannot play as a quarterback.
Colts, he'll bet quickly on Indianapolis' opponent. If the rumor's true
Correct, the gambler took the line in a game that was certain to win
Change. If the rumor is true, he's Indianapolis' opponent
at a fair price. The lines are generally accurate so the bettors have little to no risk.
There is a risk of losing your money if you chase rumors.
Knowing that these things are all myths in the NFL world will definitely increase your chances of winning NFL football betting games.
popularity of the NFL, it's not surprising that the sport is shrouded in
so much betting misunderstanding and misconception. And in one point of
These myths are likely to have contributed to your gambling experience.
your bets and your money. Let's separate the betting myths.
Realism is the best way to make sure you never lose money again.
Myth #1: Betting lines are created to beat the public.
Reality
With the exception of the Super Bowl, the public plays almost no role
in the line making process. The line is then created and adjusted.
Meet the professional gamblers, because they are the ones who will give their opinion.
casual fan, who bets serious money on the game.
Myth #2: Balanced action is possible with betting lines
Reality
The goal is to create a line of betting that is equal in value.
attraction to both favorite and underdog players, it rarely works out
that way. More typically, a third of the games on the NFL schedule will
have an insignificant amount of betting to cause much of a concern,
another third will have active but balanced betting and the remaining
Third will be mainly one-way. Traditionally, how the house
These lopsided games are called "decisions" and determine whether or not a player wins.
Books win or lose.
Myth #3: Bookmakers have insider information they can use to create "trap" games.
Reality
It's hard to believe that almost everyone has access to the internet these days.
It's not so much about the information, but how it is interpreted. Bookmakers
still may occasionally receive information regarding injuries or
weather changes before players, but thanks to technology, that advantage
often can be measured in seconds. A bookmaker could find a bookmaker many years ago.
He might offer some valuable data to try and lure the bettor.
The "wrong" side. Those days are gone as inside information has all but
It has been dissolved and there is no "trap" game.
Myth #4: Bettors have the edge early in the season because odds makers and bookmakers need more time to assess the teams.
Reality
It takes more time to analyze the first week of the NFL season.
Any other is. More information about the NFL teams is available.
than a month before the opening kickoff. It's true that some teams do not have the time to prepare for kickoff.
often do not tip their hand during the preseason or against weak,
non-divisional foes, players are in no better position to uncover this
deception than are bookmakers. Historically, the first six weeks of the
season have been very kind to bookmakers. That's probably not just luck.
Myth #5 - Professional gamblers choose their spots and only bet a few games per weekend.
Reality:
In reality, skilled gamblers wager a lot of different games. Think of it this
way: If you're a successful gambler, why risk serious money on just a
few games where a freak play or an official's call can make you a loser?
The more you cast the net, the less luck is in your favor.
End result
Myth #6: Wiseguys bet more on games they really like.
Reality
More than any misconception, this myth probably best illustrates the
There is a difference in how professionals and amateurs think. A professional
A gambler believes that betting on a game worth playing is worthwhile.
This is a significant difference. Professional gamblers typically wager about the
same amount on every game they play. A "best bet" can be described as a wager that is more than one game.
media creation that is foreign to professional sports bettors.
Professional gamblers believe that all of their bets are profitable.
They make them.
Myth #7: Bettors can win by concentrating on a specific conference, division or region.
Reality:
Not likely. It's not enough to have one specific area of expertise
because the NFL schedule demands that teams play half their games
Outside their own division. It is useless to know the strength of a team.
if you don't also know the strength of the opponent.
Myth #8: Statistical wagering trends are important.
Reality:
Technical analysis may be popular but it's hardly meaningful.
Professional gamblers don't trust the underdog/favourite.
Gridiron often cites home/away point spread analysis
"handicappers." http://naturallyman.com/blackjack-myths-and-legends/ It's just another method of back fitting dismissed as
irrelevant by wise guys.
Myth #9: It's never wise to bet on rumors
Reality:
Oh, yes it is. http://rugbyincanada.com/despite-regulation-online-poker-is-still-increasing-in-demand-and-popularity/ For example, if a professional bettor hears a rumor that
Peyton Manning is ill with the flu and cannot play as a quarterback.
Colts, he'll bet quickly on Indianapolis' opponent. If the rumor's true
Correct, the gambler took the line in a game that was certain to win
Change. If the rumor is true, he's Indianapolis' opponent
at a fair price. The lines are generally accurate so the bettors have little to no risk.
There is a risk of losing your money if you chase rumors.
Knowing that these things are all myths in the NFL world will definitely increase your chances of winning NFL football betting games.
