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- Not even the pros crush sports gambling to a large degree. In fact, even the best bettors only win around 55% of their bets (assuming -110 odds). However, you can still make serious profits in sports betting with large enough bets. Many professionals wager at least four figures per outcome to maximize their edge.
- Become a Card Counter. Regular blackjack gives the “house” (the casino) an edge of about 0.5% to.
If you are looking to bet on the NFL to make money you have found the right website. Sure, betting adds a lot of excitement to watching the NFL games, but here at TheSportsGeek.com we are in it to make money over the course of each NFL season.
Making a profit of the course of the NFL season is tough, and the average bettor will not do it, but I am here to give you a few NFL betting tips and strategies (most that follow the normal sports betting strategies) that will help you have a better shot at making money this NFL season.
NFL Betting Strategy Articles (Advanced):
» Teaser Betting Strategy
» Prop Betting Strategy
» How To Get Max Value When Betting
» Future Betting Strategy
» NFL Bye Week Betting Strategy
Basic NFL Betting Strategies and Tips
Did you know that you need to hit above 52.4% of your NFL bets (assuming you are betting -110 odds) in order to profit? Doesn’t sound too hard does it? It is actually extremely tough to do, and only the best of the best can consistently hit 53%+ winners year in and year out in the NFL.
Use the basic NFL betting strategies below to help you on your way to a profiting NFL season.
#1 NFL Betting Strategy – Money/Bankroll Management
When you are betting on the NFL season you will want to set aside a certain amount of money to bet with that you can afford to lose, known as your “bankroll”. I suggest you either make a weekly bankroll, monthly bankroll, or full season bankroll (I do full season).
For example, you may set aside a $3000 bankroll for the full NFL season that you can use to bet with. A general rule of thumb for NFL betting I go by is to only use 2-5% of my bankroll for each bet. In this example, it would allow us to make $60-$150 wagers on each game we bet. You can use 2% for your smaller plays and 5% for plays you really like.
One common mistake is to increase the size of your bets as you start winning or to chase losses with biggers bets – remember the NFL is a long season and to profit over the course of the season you need to manage your money smartly.
#2 NFL Betting Strategy – Look For Weekly Edges
I can’t believe how many times I will see bettors who play every game (or close to) in the NFL each week. This is a recipe for disaster in the long run – to be a winning NFL bettor you need to find edges and capitalize on them.
Find what you think may be an edge in the NFL lines and make your bets based on that. Some weeks you may be making 4 bets, some weeks 6 NFL bets, and hell some weeks even just 1 or 2 NFL bets on the whole weekend. Don’t force bets because you want action and want to make the NFL games more exciting. If you want to make a profit this NFL season find a few good plays each weekend and bet them with 2-5% of your bankroll like we mentioned above.
#3 NFL Betting Strategy – Line Shopping
In order to have the best opportunity of making money this NFL season, you will need to make sure you do a little bit of “line shopping”. Line shopping is simply checking a few different sportsbooks and comparing the lines on the plays you like. For example, you may like the Bears to cover the 5 point spread on Monday night. Before you place your wager you should check other sportsbooks, as one of them might have the Bears listed as 4.5 point favorites instead of 5 point favorites.
I suggest you sign up at 3-4 of the best NFL sportsbooks listed in our Online Sportsbook section and compare the lines on each before you make any bets this NFL season. This NFL betting strategy can help you win a few extra wagers this NFL season and help you on your way to a winning season!
#4 NFL Betting Strategy – Bet Sober and Don’t Tilt
Bet Sober – This may seem pretty obvious, but there are hundreds of thousands of bettors who don’t follow this week in and week out during the NFL season. Do you think it’s a coincidence that Vegas casinos offer gamblers free alcoholic drinks? Drinking will impair your judgment while betting – save the beers for when the games start and you are done making bets.
Don’t Tilt – Everyone losses. Even the best NFL handicappers lose bets 40% of the time. Don’t let your emotions get the best of you. Some bettors may take a few bad losses and start to make very poor decisions as their emotions have taken over. Make sure you have a clear mind when making your NFL bets. If you feel like you are on tilt go for a walk or do something to calm down and don’t bet until you are back to your normal state of mind.
You are now ready to become a winning NFL bettor – Follow our Sports Picks for weekly NFL prediction articles and sign up at Bovada.lv for a $250 Free Money bonus for this NFL season!
In a very real way, we are all losers when it comes to the 2020 presidential election.
Neither candidate is without their flaws, nobody ever gets exactly what they want no matter who wins, and this entire race has been filled with nastiness.
The presidential debates to this point have been fairly juvenile. The harsh ad campaigns and no holds barred approaches on social media are next-level crazy.
I can’t imagine a world where this presidential election ends without something ridiculous happening. I mean, it just wouldn’t be 2020 without it at this point.
If it’s going to drag us all down and/or take over our lives, we might as well profit from it. The best way to do that is to bet on the thing.
Should you be game for the plunge, here are the best ways to make money from betting on the 2020 presidential election.
One of the quickest and easiest ways to make money from presidential election betting is to take advantage of bonuses and promotions.
Most of the reputable online betting websites tend to offer nice welcome bonuses, and have numerous ongoing promotions. You’ll see this more and more as you bet at these sites, but there’s nothing like trying a site for the first time or being a betting newbie.
That’s where the free stuff comes pouring in.
As it’s happening, you’re just being flooded with free cash and you don’t even know what to do with yourself. Well, not really, but you do get to use these online betting bonuses for bets and you can build a bankroll without investing your own money.
Here’s a quick look at the best sites for betting on the 2020 presidential election, each of which offers a generous bonus to new customers.
Some sites will even have special election-themed bonuses and promotions, and you can also look around to see what the best presidential election betting apps have to offer.
Whatever the case, trying new online gambling sites sure has its perks. If you go to the right ones and use the right bonuses, you could end up placing a lot of bets effectively for free.
Whether you take advantage of online bonuses and promotions or not, you can still bet on the election.
And literally the easiest way to make money betting on the presidential election is to correctly predict who will win the race.
As in, you bet on Donald Trump or Joe Biden to be named the President of the United States.
The odds and expert analysts, so far, suggest this is Biden’s race to lose.
Professor Allan Lichtman, who has accurately predicted the outcome of every U.S. presidential election since 1984, says President Donald Trump will lose the election pic.twitter.com/EDEwfYBp3a
— Reuters (@Reuters) October 20, 2020
There is a lot of wild speculation about the voting process, voting fraud, and whether or not Trump would actually willingly step down if he loses. But that’s for figuring out after the dust settles.
You, the bettor, “just” need to get the final result right.
Bovada and other presidential election betting websites presently favor Joe Biden. Check out the latest odds.
- Joe Biden (-180)
- Donald Trump (+140)
- Kamala Harris (+7500)
- Mike Pence (+7500)
I really want to point out the value with Trump here, while it’s always possible one of the leading candidates “wins” but can’t proceed, and gives way to their prospective Vice President.
There’s also the whole “what about Kanye West” angle, but I am assuming most of us agree we should never get to that point.
The actual odds for who will be the next US President aren’t necessarily relevant to your choice, of course. All that matters is you are able to bet on the winner of the election, and it’s up to you to decide who that will be, or where you bet.
Where to Bet on the 2020 US Presidential Election
Can you bet on the presidential election? Yes! 2020 presidential odds are widely available at a number of leading online sportsbooks, including the top US political betting sites I recommend to you right here. The Biden-Trump race is on, and it’s not...
Read MoreBetting on who will win the presidential election is fun and potentially profitable. It’s just one bet that is virtually 50/50, however, and at the end of the night, it’s over.
To me, it’s like placing a wager on who will win the Super Bowl. Even if you feel great about it – and even if it wins you money – you don’t really get the thrill of winning until the game finishes.
One way you can get the highs and lows of gambling the US presidential election throughout the entire process? Bet on Electoral College props.
Biden is presently projected to win most of them, but bettors have to ask themselves which ones?
The @FiveThirtyEight presidential election forecast has Joe Biden with an 87 in 100 chance of winning the Electoral College: https://t.co/zF49MqdQMZpic.twitter.com/6tUxtGHQcs
— ABC News (@ABC) October 22, 2020
There are a litany of presidential election prop bets to consider (more on that in a bit), but this is a very specific betting niche that covers all 50 American states.
You can wager on which party will win based on Electoral College “points” assigned to each state. Tying into this, of course, are the amount of states either candidate will win.
The point here is you’re not just betting on who wins. You’re gambling on the path to that win, and how it lays out.
With insane value littered across the nation (+950 for Democrats to take Alabama, etc), this is definitely one of the best ways to make money from betting on the 2020 presidential election.
Play Presidential Election DFS
No, don’t laugh. This does exist. Okay, fine, you can laugh. It is absurd, after all.
But hey, it’s free at most daily fantasy sports sites. You can “bet” on what happens at the presidential Election, and you don’t have to actually gamble real money at all.
Some of the top DFS sites are getting in on the fun with their special election DFS contests.
They’re basically prop bet contests, of course, which just has you leaning back to the appealing, fun, and upside of betting on presidential election props.
In this case, of course, you risk zero money, and can still potentially win money from the 2020 presidential election.
Betting on who will be the next President of the United States is really just the tip of the iceberg.
Make Money Gambling Online
Playing presidential election DFS is fun, but the real upside is with trying to make money from gambling on the presidential election with real cash.
Bovada and other political betting websites offer you an insane amount of wagering options if you’re trying to win money from the 2020 presidential election.
This is serious business, to be sure. We’re trying to elect the leader of a nation, after all. But it also is a lot of fun, and if you play your cards right, you might exit the big night with a boatload of cash.
Here’s a taste of the many presidential election prop bets that exist online.
- Which party will win
- Popular vote winner
- Candidate-specific props
- Social media prop bets
Can You Make Money Gambling
You can bet on the party that wins, who wins the popular vote, props dealing with Biden and Trump, and/or how they operate on social media during the presidential election.
How To Make Money Betting Reddit
To be frank, it really doesn’t stop there. The possibilities for presidential election props are honestly endless, and it’s up to the top political betting sites to decide what they put online.
I’m pulling a lot of these options from Bovada, but every site is different. Some sites will offer election props that are a little more outside the box, and others will just later pricing to appeal to bettors a bit more.
Ideally, you’re getting a nice combination of great US presidential election prop bets, good value, and killer bonuses.
Ready to Win Money on the 2020 Presidential Election?
The whole point of this post is to show you that there are a lot of ways to make money from betting on the 2020 presidential election.
Going back, the easiest way remains simply correctly predicting the winner. Even Biden comes in with pretty palatable betting odds, so no matter who you like, you’re getting some money back.
The bigger the wager, of course, the better the payout.
You can keep it going with a litany of 2020 presidential election props, DFS, and whatever other attractive wagers the top political betting websites want to showcase.
Just make sure you maximize your betting value by picking the safest sites that offer a nice combination of versatility, value, and upside.
If you’re left with any questions about how to gamble on the presidential election, we have you covered with a post that should help.
Frequently Asked Questions for Betting on the 2020 US Presidential Election
Do you have questions about betting on the 2020 US presidential election? If so, I can help you get the grips with what is arguably the biggest and most important gambling event of the year. Whether you are betting on Trump or Biden to win, you will find...
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