Betting on underdog teams is one of the most challenging skills a modern-day bettor can acquire. Because it’s so enormously different from how to play regular betting, it usually takes a while for most punters to find their footing here. To make this exercise easier for sports bettors, we’ll cover everything from underdog betting to the best tips for doing it successfully here!
What Is Underdog Betting?
Before getting into how to bet like a champ here, it only makes sense to know what this betting pattern is in the first place. But, betting on underdog teams or sides involves wagering on the side at any obvious disadvantage to carrying the day. While this betting style can be challenging to execute effectively, it remains a favorite among punters as it offers decent payouts.
How To Determine The Underdog Side
If you’ve been following a particular sport closely, it’s usually relatively easy to tell who the favorites and the underdogs are, especially in specific tournaments. However, there are other ways you can tell which is which, even without much experience in a particular sport. For example, the favorite side is usually the one with the public’s back. Because of this, the reward for betting on this site is almost always lower than what you’d get betting against since the latter outcome is typically considered less likely by the bookie.
The Best Betting Strategies For Underdog Teams In 2023
There are a couple of things you have to do. These include:
Choose An Underdog-Friendly Sport
It may come as a surprise, but all sports aren’t the same. The seemingly irrelevant disparity between sports is one of the essential things that accounts for the fact that some marks are more underdog-winner-friendly than others. For example, the underdog wins stats in the national football league stand at only 31.1%. Yet, this same metric was as high as 42.3% in major league basketball. So, ensure you know how effective this tactic will likely be in a given area before jumping in.
Patience is Key
Underdog betting requires that you cover a lot of ground fast and effectively. So, not only do you have to cover the calculating and handicapping aspects of things, but you also need to keep a close eye on the movement of the odds. All of this can be nearly impossible to do if you rush instead of taking your time.
Stay Current On All Injury News
Nothing quite tips the scale to favor the underdog like an injury to a significant player on the other side. However, if you don’t receive such updates in real-time, you mightn’t be able to get your wager in soon enough to ride the wave. So, ensure you keep your ear to the ground at all times.
Bottom Line
Following these great betting strategies for underdog teams will help you get more value for each wager, broaden your horizons, and make you a more critical-thinking bettor. Don’t be discouraged if you don’t hit the mark at first. Just keep trying, and you’ll eventually master this craft.
