Sports betting platforms provide several sports to bet on. However, not all sports are popular among bettors. Some sports receive a greater number of bets than others. The number of probable bettors can be decided based on the number of fans reported worldwide. Keeping this fact in consideration, football is the best bet on sport, as the football bans are in billions worldwide. To meet the requirements of such varied bettors, bookies offer a wide range of betting lines. Let’s find more about profitable sports for betting and the sports that are most bet on.
What sports bet is most profitable?
Value bet is the most profitable sports bet. A value is spotted in a bet if the chances of occurrence of an event are higher than predicted by the bookmaker. Due to miscalculation, the bookmakers offer high odds to an outcome, allowing punters to make more money from it. Success in value betting requires extensive research and proves its worth when you have read a team or a player better than the bookmaker.
Another profitable bet is lay betting. Lay betting involves betting against the outcome. The odds for this proposition are anytime and always higher than the outcome backed by the bookmaker. So, returns are higher accordingly. Bettors need to be thorough with their analysis and should have spotted a weak point which went unnoticed by bookmakers. Thus, they end up making more money from lay betting, which is actually the process of defying the odds.
More profitability means low to nil risk. Matched betting offers a risk-free solution to punters. They make a bet with some money first and qualify for a free bet. Then, they use this free offer to pick the side opposite to one selected first. Thus, they end up making more money with nil investment made.
Sure betting or arbitrage betting is a strategy in which punters bet on various outcomes by picking different odds at different platforms. For this, they need ample bankroll to bet on various outcomes. It is also known as arbitrage betting and requires betting on both sides of odds at different platforms. Since all outcomes are covered, punters are sure to make profits despite the result. These opportunities are not spotted so often and result from large differences in odds presented at various platforms.
Asian Handicap betting involves assigning a handicap to the weak team at the start. So, odds will read like +2.0, +1.5 and so on for the weak team, and the opposite for the stronger one. It negates the possibility of a draw and there is always a clear winner. This bet proves profitable when the punters have thorough knowledge of the sport and the players involved. A team has to overcome the handicap to be a winner in the betting circles. Thus, the outcome of a bet may go in the punter’s favor even if the actual result is different. So, whenever there is misreading done by bookmakers, the punters can cash the shortcoming and make profits from the Asian Handicap.
Thus, these are a few of the most profitable bets where the chances of winning money are higher. With research and analysis, it is possible to beat the bookies, and all the above strategies do the same and favor the bettors more often.
What sport is most bet on?
The Super Bowl has been recorded as the sport most bet on. The bowling game has garnered about $82 million in bets from American viewers alone where this sport is the most watched show on TV. According to the Race and Sports Book Director of MGM Mirage group, people bet 10 times more on the Super Bowl than any other game.
Next in the line is a globally loved sport, Football. Football is the most followed game in the world and there are several European and American countries that are branded as football-loving nations. All events are closely followed by fans and they love to bet in favor of their favorite teams and players.
In football, NFL and College Football are disciplines where the most bets are placed. Among all major sports, the pre-match bet percentage is highest in NFL games. Also, NFL is a huge competition where 32 teams play 17 matches each, offering bettors 272 events to bet on.
In various countries of the US, Basketball and Baseball are the other sports that witness major betting action. About 12% and 15% of handles are represented by these sports respectively.
Hence, the sports that are most bet on are Super Bowl, Football (NFL games), Basketball and Baseball.
What sport is most bet on in the UK?
The UK is the country where sports betting has been embraced well and sees a lot of action. Sports betting is a part of the entertainment culture of the British people and they practice betting with full vigor and dedication. There are a few most followed sports where betting action is always high. These sports are:
1. Football: English Premier League and Champions League are the major entertainers for the sports lovers and receive huge audiences. Bookmakers offer several betting lines to accommodate all bettors and receive thundering responses from them. It is estimated that about 45% of active bettors participate in football betting alone or make football bets a part of the parlays they try.
2. Horse Racing: British sports lovers have special regard for horse racing and it is an inseparable part of the UK culture. About 37% bettors agree to have participated in horse racing betting and it brings loads of excitement as the winner is not the only betting line. A variety of lines keeps the bettors hooked.
3. Golf: Though a tough sport to bet on, Golf remains one of the most bet on sport in the UK with about 9% bettors taking part in various wagers. The British Open and The Masters are the most followed competitions where punters pick their favorite player and place wagers on them.
What sport is easiest to bet on?
Football is the easiest sport to bet on owing to easy betting lines and also lots of them. This sport is one of the oldest games followed throughout the world and has a very busy annual calendar. Interestingly, all betting sites cover every action happening in football in all countries. Thus, punters have the ease of betting on various leagues and cup competitions simultaneously.
Football offers easy betting lines like Double Chance, BTTS and Over/Under. These bets have limited risk and can yield lots of profits to punters who have researched well. Since there are several competitions available simultaneously, punters can make good parlays from them and maximize their earnings from limited investment.
In Double Chance, punters get to pick two outcomes in three-way betting. It works great when the teams have equal chances of winning the game and are comparable in strength and technical finesse. Most of the derbies offer ripe conditions for trying Double Chance bets. BTTS requires punters to predict whether both teams will score goals or not. It can be predicted from studying the lineup of players and their form and goals records of the past and current season. Over/Under involves predicting whether the total number of goals in the match will be over or under a fixed number of goals. It does not demand picking a side or predicting a winner, which reduces risk and offers ease of prediction.
Football betting is further made easier with expert tips and predictions sites. These sites provide tips from predictions experts who have a high accuracy rate. They can enhance the chance of winning bets. Punters can visit sites like soccertipsters.net to find correct tips and enjoy more frequent wins. This site offers tips on all popular football bets like Correct Score, Over/Under, Mix Parlay, 1×2 Fixed Odds, and so on. Thus, there are several bet options for bettors to try and win money.
What sport gets bet on the most?
Super Bowl, NBA and Football are the most popular sports that get bet on the most. These sports have a very large fanbase of billions across the world. More than 60% handle is estimated to comprise bets on Super Bowl and NBA, according to top betting sites. Football is the next in the line with billions of fans worldwide and lots of events to bet on throughout the year. Availability of numerous betting sites and betting lines attract a lot of bets from professional and recreational gamblers. Thus, volumes of money are exchanged throughout the year with total market size standing at about 70bn in 2021.
Conclusion
Sports bets which offer huge profits from limited investment are the most profitable. Matched betting serves a risk-free option where punters make use of free bets and utilize them for betting on both outcomes. In sure betting too, they bet on different outcomes which are available at different betting sites. Bets where no correct number is to be predicted are a bit easier to guess. Such bets are Over/Under, BTTS, etc. To get correct tips on football games, one can visit soccetipsters.net and enhance the chance of winning by getting an expert opinion on any bet.
