The sports betting industry has seen a remarkable growth ever since the advent of online sports books have entered the market. Easy and cheap internet access across the world has led to more and more number of bettors opening a betting account every day. Along with betting sites, there are many other sites which offer betting tips, guides, free picks and free and paid betting advice to the millions of new bettors voyaging into the world of sports betting.
As a bettor, everybody by default bets on the favorite as it is the least risky form of sports betting. But if everybody bets on the favorite and wins, bookies will have to pay out to all their customers. Hence the sports betting methods keep evolving such that bookies introduce new ways of increasing their profits. Betting on the underdogs in any match is now not a risky bet. The point spread method of betting gives an equal chance to underdogs in the sports betting world.
Let us have a quick look as to how betting on the underdogs can be profitable in the sports betting.
Why to do an underdog sports betting?
In case of a point spread, sports book give an advantage to the underdog team for the purpose of the sports betting. This means that before the start of the match, an underdog is given advance points. The favorite team should win by a margin more than the allocated points (called as point spread) for a bet on the favorites to be considered as a winning bet. This point spread system in sports betting actually prevents everybody from betting on favorites always.
As a bettor you can actually gain by betting on the underdog in the world of sports betting. Let us take an example.
Team A vs. Team B is about to happen and Team A is the favorite. The point spread is 4. If you place a bet on Team A, it has to win by more than 4 goals for any bet on team A to be treated as a winning bet.
If Team B wins by less than 4 goals, the underdog team B has not won the match, but you have won the bet placed on the underdog!!! This is the difference between the sports betting result and the actual match result!!!
The underdog always receives the points. As the match time approaches and bookies feel the people are still betting on the favorites, they give more points to the underdogs. Winning by such a huge margin will definitely be difficult for the favorites and so if at this stage you bet on the underdog, the chances of your sports betting win are more. How big the points spread goes depends on the teams playing.
Research on the teams playing and take your chances against huge point spreads only if the underdog is capable of preventing a thrashing by a huge margin. If they play badly, the chances of the spread being covered by the favorite is high.
So take a chance by betting on the underdog, but do not overdo yourself in your enthusiasm of sports betting.