Sports Betting 101

sports betting

Whether it’s the Super Bowl, March Madness or an MLB game, sports betting is everywhere. But how does it work, and how do you make smart bets? The key is to understand the different types of bets and the odds that come with them, and then use those numbers to your advantage. It’s also important to remember that gambling addiction is a real danger and that it’s essential to gamble responsibly.

To be successful, it’s helpful to open a separate bank account for sports betting, as well as to track your wins and losses so you can make adjustments along the way. It’s also important to stay informed and take any expert advice that’s offered, but most importantly to always keep your head in the game. It’s easy to get caught up in the buzz of the sports world, but betting with your heart can lead to unforeseen consequences.

While there are ways to consistently make money sports betting, it’s a lot of work. You need to dedicate time and effort to research, bet tracking, bankroll management and betting strategy in order to have a consistent winning streak. In addition, you need to be able to walk away from bad bets. The good news is, there are people out there doing it right now. They’re making a lot of money, and it is possible for you to do the same! The New York Times’ Eric Lipton joined us on FRESH AIR to discuss his investigation into the explosion of sports betting in the United States.

Posted in: Gambling