Football Betting Myths | All Explained in Today Article!

Given the massive popularity of the NFL, it's surprising that the sport is shrouded in so much betting misunderstanding and misconception. Let's try to separate betting myth from reality and also get help from parimatch Tanzania regarding sports betting!

Myth: Betting lines are created to beat the public

Reality: With the exception of the Super Bowl, the public plays almost no role in the winemaking process. The betting line is created and adjusted to meet the opinion of professional gamblers because it is they, not the casual fan, who bets serious money on the game.

Myth: Betting lines get balanced action

Reality: While the goal is to construct a betting line that is of equal 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 have mostly one-way action. Traditionally, how the house fares on these lopsided games, called decisions, determine whether books win or lose.

Myth: Professional gamblers pick their spots

Reality: Actually, sophisticated gamblers bet a lot of 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 wider the net is tossed, the less of a factor luck becomes in the outcome.

Myth: Wiseguys bet more on games they really like

Reality: More than any misconception, this myth probably best illustrates the difference between how professionals and amateurs think. A professional gambler believes that if a game is worth betting, it's worth betting significantly. Professional bettors generally wager approximately the same amount on every game they play. The concept of a "best bet" is a media creation that is foreign to professional sports bettors. Professional gamblers believe all their bets are good ones; that's why they make them.

Myth: Statistical wagering trends are important

Reality: Technical analysis may be popular but it's hardly meaningful. Professional bettors put little faith in the favorite/underdog, home/away pointspread analysis that so often is cited by gridiron "handicappers." It's just another method of backfitting dismissed as irrelevant by wiseguys.

Myth: It's never wise to bet on rumors

Reality: Oh, yes it is. For example, if a professional bettor hears a rumor that Peyton Manning has the flu and is too ill to play quarterback for the Colts, he'll quickly bet on Indianapolis's opponent. If the rumor is correct, the gambler has stolen the line on a game that's certain to change. If the rumor is false, then he's played Indianapolis's opponent at a fair price. Since most lines are accurate, the bettor takes a little betting risk in chasing a rumor.

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Wolliam Joined: October 17th, 2019