Toronto Mike

The Mastery of Reading Odds and Placing Bets

Online sports betting involves looking at odds and placing bets. However, there are a few ways that professionals are able to read odds, which gives them better outcomes. There are some simple but key differences in the way that professionals read odds compared to amateurs. You can find information on betting deals which will give you an insight into the best promotion. This will allow you to get an easy edge, and mean that you can take home more winnings. In this article, we will outline the different ways that professionals read odds and how this gives them a key advantage compared to beginners.

Professionals Use Various Betting Websites

Beginners tend to be loyal to their betting websites. They become accustomed to the interface and feel as though there is no value in trying out other websites. However, this error means that they simply have to accept the odds that they are given by the bookmaker. Different websites can offer different odds, and sometimes these may be substantial. It is vital to take advantage of the best odds being offered, rather than simply accepting what it is given. Professionals know how to maximize the value of each of their bets.

Professionals Don’t Rush In

The experts take time in reading odds and working out values. There are times when odds can seem too good to be true. For a beginner, it is easy to rush into an opportunity. However, an expert will consider why the odds are the way they are. There may be outside factors such as a team already being qualified, or an injury to a star player. These factors can significantly affect the odds, and it is, therefore, essential to not rush in.

Professionals Factor In Cash-Out Value

There is value both in pre-game markets and in-play markets. Most bookmakers offer cash-outs. However, it is crucial to remember why you made the best in the first place. Many cash-out options are simply there to tempt the bettor into losing value. Professionals know the best conditions for cashing out, and they will never panic or rush their decisions. They remember why they made the bet, and they will most likely see it through. Cashing out early is a key beginner mistake that leads to lower earnings.

Professionals Have a Deep Understanding of Their Chosen Markets

Professional bettors understand the sport they are betting on. A key beginner mistake is over-betting through misunderstanding the rules of the sport. Additionally, beginners can be lured by the availability of so many markets. The pro gamblers choose to stick to a few markets that they are highly knowledgeable in. This allows them to attain more value and means that their bets are placed with a better understanding. Additionally, they may focus solely on in-play markets or pre-match markets. There are different variables to consider for each. In the long-term, this results in higher payouts and more wins. There is no ‘best' market, but the best market for a bettor is the ones in which they have the highest experience and knowledge.

Professionals Know When To Quit

There is always an element of luck involved in placing bets. This is a reality that one must accept if they are to be successful in the long run. Professionals read odds and place bets without emotion. Of course, betting should be enjoyable; however, it should not be frustrating. Beginners often get emotional after a big win or a big loss. These leads them to placing silly bets, which cause them to lose money unnecessarily.


You will now have a better understanding of how to read odds better, and the steps you should take when placing bets. This will allow you to attain experience, which means you can gamble like a professional instead of an amateur. It will take time to build this experience, but you are far more likely to win money long-term by strictly following the professional tips listed in the article.

Author image
About Toronto Mike
I own TMDS and host Toronto MIke'd. Become a Patron.