Betting on underdogs can be appealing for sports bettors seeking greater potential returns. While underdogs have lower odds of winning, successful betting strategies can help improve your chances. Here are some strategies to consider when betting on underdogs:
- Research and Analysis: Conduct thorough research to understand the strengths and weaknesses of both teams involved in the matchup. Look for factors that may give the underdog an advantage, such as injuries to key players on the favorite team, recent improvements in team performance, or favorable historical matchups.
- Value Betting: Look for opportunities where the odds offered by bookmakers are undervaluing the underdog’s chances of winning. Assess the probability of an underdog victory based on your research and compare it to the odds provided. If you believe the odds are higher than the actual probability, there may be value in betting on the underdog.
- Moneyline Bets: Consider placing moneyline bets on underdogs instead of spread bets. Spread bets require the underdog to cover the point spread, while moneyline bets only require the underdog to win the game outright. Moneyline bets can offer higher potential returns if the underdog wins, regardless of the margin of victory.
- Look for Emotional Factors: Sometimes, underdogs may have extra motivation to perform well. For example, a team playing in front of a home crowd, seeking to avenge a previous loss, or fighting for a playoff spot may demonstrate stronger determination and can be worth considering as a betting option.
- Defensive and Tactical Strengths: Analyze the defensive capabilities of the underdog team. A strong defense can keep games close and increase the likelihood of an underdog covering the spread or winning outright. Pay attention to teams that excel at forcing turnovers, blocking shots, or limiting their opponents’ scoring opportunities.
- Monitor Line Movement: Keep an eye on line movement in the betting market. If there is a significant shift in the odds towards the underdog, it may indicate public sentiment or smart money coming in on the underdog’s side. This could be a signal worth considering when making your bet.
Remember, betting on underdogs carries inherent risks, and not every underdog wager will be successful. It’s essential to maintain disciplined bankroll management, avoid chasing losses, and make bet selections based on a thorough analysis of the game.