Over the past several years, the popularity of online sports betting in the US has grown exponentially. Millions of sports fans here flock to online sportsbooks to place wagers on their favorite teams and players. We at Sports Harbor are here to break down three great ways to earn money betting on sports online right now.
Those that want to skip our breakdown and get straight to the betting can click this link here to become eligible for an incredible welcome bonus up to $250 from Bovada Sportsbook. This site is the most popular US online sportsbook operating right now, and offers amazing odds and quick, safe payouts.
Let’s get into it!
1. Parlay Betting
For those who aren’t familiar with sports betting, a parlay bet is a single wager that involves multiple teams. Essentially, that means placing one bet on a number of different outcomes. The more teams (or individuals) that you include into your parlay, the bigger and more lucrative your odds will become.
There’s no doubt that Bovada Sportsbook is the best US sports betting site for parlay betting right now. Here, members can make parlay bets on every major sports league including the NFL, NBA, MLB, and NHL. Making these bets is extremely simple, and the possible payouts will be clearly listed before you actually make your bet.
Parlay betting is certainly one of the best ways to earn money betting on sports right now. If you’re a hardcore fan of a particular sport, and think you know a few teams that will win their upcoming games, make a parlay bet! By combining three team winner bets into a parlay, your odds will offer some truly amazing opportunities to cash out.
2. Underdog Betting
This might seem a little obvious, but some people fail to recognize just how lucrative it can be to place bets on underdogs. When a team or individual is listed as a betting long shot, their odds can offer some amazing opportunities to cash out. Generally speaking, when a team is listed as a major underdog, there’s a good reason.
Fortunately, the oddsmakers are often wrong, and thousands of bettors earn big money every day placing bets on the underdogs. Again, this will be easier if you have a strong understanding of the sport you are betting on. If you’re an NFL fan, for instance, you’ll have a number of opportunities to win money on underdogs every single week of the season.
Mixed martial arts is also one of the best sports in terms of underdog betting. We recently covered some of the best MMA betting tips, the best of which is finding the best underdogs. Do some research into the sport you want to bet on, and take a look at which teams are listed as betting underdogs, and why.
3. Bet With Reason, Not Your Gut Feeling
Placing bets because “you really feel” that a particular team will win is all too common. Sometimes this can pay off, but generally speaking, the best ways to earn money betting on sports is to use reason. There are hundreds of betting experts for every single sport that will offer some fantastic insight into which teams to bet on, and why.
It’s always a good idea to place bets with facts. Sports betting is not an exact science, but there are more tools available today than ever before to make good picks. It’s trial and error, but the more you bet, the better you’ll get at it.
Now that you’ve heard some of the easiest ways to earn money betting on sports online, make sure to head over to Bovada Sportsbook and put your skills to the test. As we said before, Bovada is the top US online sportsbook right now, and offers extremely safe payouts for all members.