Bet Money On Games

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A moneyline requires bettors to pick the winner of the game, but the odds are adjusted according to each team’s ability. A -200 favorite is expected to win the game, so bettors need to risk $2 for every $1 they want to win. A +150 underdog gives bettors the chance to win $1.50 for every $1 risked. Play money games at Y8.com. Money has become a fun element of many different game types. Improve your use of money by playing tycoon games or bet with a slot machine for play money. There are games like Monopoly and Wheel of Fortune that also involve currency.

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Back in the nineties and early noughties, bookmaking was all about traditional sports like football or basketball. However, with the ever-growing popularity of competitive gaming and e-sports it was only a matter of time for major sports betting sites to notice the demand for video game-related real money wagering opportunities. Consequently, many online sportsbooks now allow their customers to bet on the outcome of major video game tournaments, such as the League of Legends Championship Series.

If that wasn’t enough, players who aren’t really interested in the professional gaming scene are free to wager on the outcome of their own matches using one of the dedicated head to head platforms. All things considered, betting on video games is readily accessible to all kinds of gamers – whether you’re interested in titles designed for PlayStation, X-Box or a PC, finding the right site to suit your needs shouldn’t be much of an issue once you’re done reading this guide.

Ways to Bet Real Money on Video Games Online

As you’ve probably already guessed, wagering on professional teams is quite different from betting on a head to head game or a tournament that you participate in. If you decide to wager on an e-sports event on one of the video game-friendly sportsbooks, everything will be virtually identical to betting on a team that competes in one of the traditional sports. On the other hand, if you decide to join the action yourself, the entire experience will be very different as you’ll be required to display some actual in-game skill in order to actually claim your reward.

Head to Head Video Game Betting

Head to head game betting allows you to challenge other players to a duel and is very popular on console-focused sites. Consequently, the available games often include popular fighting games like Street Fighter or Mortal Kombat, driving games like Gran Turismo or Forza, as well as sports games, including the EA Sports series.

If you prefer modern first person shooters like Halo or Call of Duty finding the right place to play might prove to be slightly more challenging, as most head to head services tend to focus on one on one games. Most sites of this kind allow you to choose between posting an open challenge or challenging a specific player directly.

Whenever you create a new challenge, you’re placed in control of all the game options, which means that you can choose the size of a buy-in, schedule the start of the match or pick a game mode that you feel comfortable with. Quite obviously, other players might decline your challenge, so you should generally avoid picking obscure titles and game modes if you’re planning to join the action right away.

Tournament Video Game Betting

Some of the sites that offer head to head betting also allow their users to take part in larger tournaments, which can range from small contests to massive competitions with tens of gamers to play with. These events are very similar to poker tournaments in that each player is required to pay an entry fee for a chance to claim a part of the overall prize pool generated by all the other entrants.

Quite obviously, the higher you place, the more money you will be able to win. However, you should keep in mind that the specific format usually depends on the game in question – a Battlefield tournament might not follow the same rules as a Street Fighter or FIFA event. The tournaments usually run on a schedule, which means that you’ll be required to commit more time than in the case of basic head to head play.

e-Sports Betting

As briefly touched on above, betting on professional players is very different from wagering on your own games and requires a different skillset. If you decide to put your money on a professional team, your winnings will be determined by your handicapping efforts instead rather than your individual skill when it comes to actually playing the game.

Furthermore, it is worth pointing out that while head to head betting sites tend to focus on console games, e-sports betting is pretty much all about major PC multiplayer titles such as League of Legends, StarCraft II and Defense of the Ancients 2. The available bet types are very similar to the ones offered for traditional sports. Consequently, betting on a professional team or player requires you to know how handicaps, money lines or totals work.

The event coverage is usually fairly good, which means that you’ll be able to put your money on teams competing in the global events like the LCS AllStars, as well as regional contests such as SK Telecom Proleague. If that wasn’t enough, some of the video game-friendly bookmaking sites allow you to place additional prop bets, which can range from StarCraft II futures to predicting who will be the MVP in a specific League of Legends match.

Making a Deposit and Cashing Out

Regardless of the site you choose, the available banking options are more than likely to follow the standards set by traditional real money gambling sites. In most cases, you’ll be able to fund your on-site account using your credit card or a traditional bank wire transfer. Furthermore, many sites support e-wallet payments, which means that Neteller and PayPal are also an option.

Withdrawals are usually handled using the same method that you picked for making the first deposit, but many sites allow exceptions to this rule. Most sportsbooks and head to head services operate rather strict deposit and withdrawal limits. In most cases, you won’t be able to transfer less than $10 or more than $2,500, but keep in mind that the specifics may differ from site to site.

Some head to head sites might require you to pay a small transaction fee each time you request a payout, but that shouldn’t have a significant impact on your long-term profitability. Most sites will process your payments instantly, but keep in mind that cashing out might take a few days due to the fact that each request has to be thoroughly checked in order to prevent fraud.

Chances are you have seen or heard of the term “Sharp Money” with regards to NFL handicapping. If not, I strongly encourage you to read over this article carefully.

I’m going to define it, explain it and show you how to follow it. All of which is going to help you increase your profits on the gridiron this season.

Defining “Sharp Money” in NFL Sports Betting

In the sports betting industry a “Sharp” player is someone who the books take seriously. Unlike your recreational gamblers, these guys are serious investors who bet large sums of cash.

It can be a single individual or a group of people, which are often referred to as “betting syndicates.”

So when someone says “Sharp Money,” they are referring to the side of a game that these experts are on.

5 Easy Steps on How to Follow Sharp Money in Pro Football

These sharp players are known for their ability to profit long-term against the books. That’s why there’s such an infatuation with trying to spot and follow their bets.

If you are tired of losing on your own and want to try following the sharps, here are the 5 steps to betting the same side of the professionals.

Step #1: Understanding How the Books Operate

One of the biggest myths in sports betting is the books are trying to get equal money on both sides of a wager. That’s simply not the case.

Oddsmakers have a great understanding of how your average “public” player likes to bet. They simply can’t help themselves from betting on favorites. They also love to cheer for high scoring games, so they will almost always side with the OVER on the total.

Sportsbooks will use that knowledge and shade the lines in favor of the side they think the public will be on. The more popular or dominant the team, the more they will inflate the line.

Step #2: Watch for Line Movement & Betting Percentages

You are going to need to find an odds feed that shows the betting percentage, opening line and current line. It also helps if they have easy access to the odds history for each game. I personally recommend using this NFL odds feed at SportsCapping.

Before we move on, I want to make sure you know what the bet percentage is referring to. It’s the number of tickets that have been issued for that specific game. Not the total amount of money that’s been bet on that game.

The reason you need both the opening and current line, is so that you can compare the two. You want to be able to easily tell which direction the line is moving.

Step #3: Look for Reverse Line Movement

This is where it all comes together. You want to look for games that aren’t moving in the direction you would expect. Let’s say there is a game that has a 65% bet percentage and the current line is -4. We would expect that to move to -4.5.

That doesn’t always happen. The line will sometimes shift in the other direction. Instead of it going from -4 to -4.5, it jumps from -4 to -3.5. This is what is know as a “Reverse Line Movement.”

What this tells you is while 65% of the tickets are on the favorite, there’s more money coming in on the underdog.

Keep in mind that the majority of the wagers coming in are from amateurs who aren’t betting huge amounts. This is often referred to as the “public” side of a game.

For example, lets say there were 100 bets on a game and 65 people (65%) all placed $100 on the favorite at -3. The other 35 people (35%) wagered $500 per game. Those 65 tickets make up for just $6,500, while the 35 big bettors accounted for more than double $17,500.

The liability with the books is on the underdog. They are going to move the line to try and entice even a bigger percentage of tickets on the other side.

Just note that while you are on the same side as the experts, you are almost always going to get a worse line than them. It might cause you to lose a few games, but long-term it should result in a decent return on your initial investment.

Tip #4: Look for Steam Moves

This requires a little more time glued to the betting odds, but can also turn a profit. Earlier I mentioned that the sharp action could be a group of people known as a betting syndicate.

How these groups work is they like to attack all of the books at once and force what is known as a “Steam Move.” Forcing all of them to adjust their lines at the same time.

Tip #5: Experts Like to Attack Early & Late

While not true for all experts, a lot like to attack lines right when they come out and right before they close.

By betting early they get to take advantage of the initial numbers. Tracking how the line moves at the beginning of the week can really help you spot where the sharps are lurking.

For the most part, the average public player doesn’t even place his wagers until the day of the game. Often waiting to see how much of the bankroll is left over from betting college football on Saturday.

The experts know this and will try to use it to their advantage. Instead of betting on a team right away, they will try to let the public shift the line as high as they can and then attack right before the game starts.

Mistakes to Avoid When Trying to Follow the Sharp Action

The last thing I want to do is share with you some common pitfalls that people have when trying to do this.

#1 – Eliminate Other Factors that Could Result in Line Movement

You need to understand that there are other factors that cause oddsmakers to move a line. The most common being injuries. If they get news of a key player being out, they are going to try and get ahead of the action and move the line.

Note that they sometimes get the info before it’s made public. The line could shift and a key player could be still showing as questionable. It’s typically a good idea to hold off to make sure that injury isn’t what caused the move.

#2 – Don’t Try to Force a Play on Every Game

Don’t try to force action on every game. If there’s a reverse line movement that has only 51%/49% split, that’s not nearly as good as one with a 65%/35% split.

#3 – It’s Not All About Fading the Public

Yes, the majority of the time you are going to be going against the public when trying to follow the experts.

Just keep in mind that sometimes these two perceived enemies can be on the same side. Don’t get in the habit of just trying to bet every single game against the public.

Bet Money On Video Games

#4 – Trust the Process

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This is the biggest key of them all. This is not a bullet-proof system that is going to win 75% of the time. No one wins at rate for an extended period of time. Your focus simply needs to be on hitting 55% of your bets.

Money Line Bets Football

Don’t get discouraged if a few plays lose in a row. Understand that if you trust the process, you will add to your bankroll long-term. This also means putting your bias aside. Trust what the line movement is telling you and let the sharps make the decisions on who to bet.