A Great Time for Sports Betting

By Austin Miller

Now is the time for any of you waiting for the right moment to dive into sports betting. Bettors are raking in record profit as they take advantage of the uncertainty inherent in sports betting during COVID. 

Plus, this uncertainty brings other resources to us. Because we need to spend more time indoors, we have fewer opportunities to go to concerts, sports games, or restaurants. This opens up plenty of personal opportunities to do new things with your time.

Use this time to select the right sportsbook, or go back to the account you opened earlier and get into it! You will also have time to do your homework in order to make the best bets. This is the golden hour for any newcomer bettors. 

Uncertainty is a boon

With sports betting, you need either some luck or a well-orchestrated strategy to really make a profit. This is why we recommend using betting mainly as a form of entertainment, rather than imagining it as a source of income.

Of course, we all love winning! And bettors are winning more and more during the pandemic. That’s because of all the uncertainty involved. Sportsbooks are good at winning. It is their only job. But no one can plan for so much uncertainty. 

That is why bettors are winning big. A lot of this is due to teams playing at empty stadiums. The bookmakers normally calculate a home field advantage, but that is disappearing as crowds stay home. 

Over the last three months, away teams are winning roughly half of the games. This is a huge change from the 38% compared to the same time last year.

Time to Study Odds

Now that we have the opportunity within our crosshairs, we only need to prepare. The goal is clear, but what is the path?

Even in uncertain times, it is important to understand how odds work. The main types you will find are American or European. They both are representations of probabilities, and you can use them to know how much you would win.

Getting the basics down is important even in times of uncertainty. The more you know, the more success you will have. Just remember to ask if the sportsbooks are overestimating the home team. Given the lack of crowds, this is a great time to leverage your understanding of odds and the current situation.

Pick the Right Sportsbook

In order to place a bet, you will of course have to open an account at a sportsbook. Signing up is very easy once you know which one is right for you. 

As a new player, looking for a sportsbook with a nice bonus is a good way to get started. This way you can get started right away with a nice cushion. You can get in some free bets as you get the hang of it. 

All Licenses Owned.

Bovada is a great place to start! They have solid bonuses, and their site is very easy to navigate. You will have an easy start to betting if you use this well-trusted sportsbook. Also, they have huge markets, so anything you want to bet on, you will be able to find it here. 

Good for Extra Entertainment during Social Distancing

On top of the resources acting as incentive right now, we also have a larger need. It is not only that we have the time and the opportunity to make more money, but we also have a larger need for entertainment.

As our social world necessarily rearranges to keep us safe, we have to invent new ways to have fun. Sports have been one of the few industries that have continued. We can make them even more fun by betting on them. 

Invite friends along to beef up that friendly rivalry you have with your family or coworkers. 

For people waiting on the sidelines ready to jump in, now is the time! Make some lemonade from those lemons.