Join OLBG sports betting experts to learn, share daily tips, knowledge and fun. BETTING SCHOOL Read the guides, play with the tools and take the exams to. Over the past few months, we've posted quite a few articles on sports betting. We posted three guides to cover the basics on handicapping baseball, basketball. Betting on sports is a challenging hobby but also an extremely rewarding one. Coolbet's Beginner's Guide to Sports Betting gets you started. A straight bet is the most common type of football bet. Because there are so many tracks to choose from, in Las Vegas race books it is usually necessary to identify which track you want when you place your bet. Online betting sites have made it easier than ever before to place your sports bets. This is called betting on the "Money Line" The Money Line: There are, however, plenty of people who bet with the sole intention of making long term profits. Call Gambler's Help or Gambling Help www. Register Contact Help Terms Privacy Cookies Site Map Reviews About Us Sponsorship. The Kelly Criterion is a staking plan that many professional gamblers swear by. You can arrive at the underdog's price by looking at the favorite's line. Read them carefully before wagering. It also includes some other reasons for betting on sports. The Kelly formula, more commonly known as banker player Kelly criterion and also known by a few other similar names, is one of the most widely accepted rules in the world of sports betting. So please take the time to read through our beginner's section as a starting point. As an illustration, let's look at Super Bowl futures. The payout varies according to the money line odds assigned to each outcome. OddsShark Staff Sat, Aug 22, 3: Expected value is often considered alongside another statistic referred to as expected growth, which is even harder to explain. Daily fantasy sports, or DFS, is not really betting at all. Internet Explorer 8 Internet Explorer 9 Internet Explorer 10 Firefox Chrome Safari Close Message. It started off as a small site and there were no real big plans for it, but as the passion for sports betting grew the website also grew with it.