What is Middling a Sports Bet
Sports & Recreations → Casino-Gaming
- Author Gen Wright
- Published June 28, 2009
- Word count 504
Sports betting has been around for decades now and it is always growing in popularity. There are thousands of places where a person can bet and professional sports like baseball, football and basketball make for the most popular events to bet upon. Those who bet professionally need to understand the calculations behind the bet. They need to understand the values of spreads and betting lines.
Once you have an understanding of these things you can start betting with a popular new addition to sports betting. It is called middling your bet. The concept behind middling is quite simple. You place bets on the opposing side at different counters and make it so that your chances of losing money are minimized and your chances of winning money is maximized. Although that might sound like a bettor's paradise, it is actually quite possible. It has become a common practice now a days and it is making a lot of money for bettors who are successfully doing this.
This is a kind of safety net that you buy for yourself and make sure that no matter what the outcome is; you are safe and only stand to lose a little money at the worst. A bookie of course won't like it but then again you will be betting on different stands. However, be warned that you are going to need some cash to do this. That is because you are placing two bets instead of one. Now that you know how to begin, here's practical example of what might be happening.
Let us assume that you are betting on team A at home against Team B for the home at -4. During the halftime, you see that team A is winning 20-3 and the line at halftime is team B -2.5. Here is where you can change things for yourself. If you really think that A is not going to win even though the large lead, you can place a bet on B. However, if B finally does lose and A emerges winner, you will only lose the bet on B and will win your original bet on A, but this is really the worst that can happen to you.
In case B stages a comeback in the second half and lose only about 23-20, your second bet will really help you out to cover the damages on the original bet so that you do not lose all your money and only a small amount.
However, the best scenario is something that is quite common here. Say team A is around 20-3 at halftime, but team B fights back nonetheless, losing at 28-21. In this case, the second half became totally risk free for you and you were able to win on both bets. Team A covered the -4 for the game and you got your -2.5 on team B as well.
So you successfully bet and won two bets for the same game and you did it at a very low to no risk at all.
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