Top Tips For Betting On New York Red Bulls
When betting on sporting events or teams like the New York Red Bulls, you will want to have a strategy. Taking everything you can learn and adding tips along the way is key to your success. The top tips for Red Bulls betting are:
- Getting a sportsbook
- Reading the odds
- Looking at the team
- Staying updated
Getting A Sportsbook
To begin with, you are going to need a sportsbook. You have to find one that will let you make bets and help you continue making the best ones for the long haul.
Make a list of some sportsbooks you find online. You could also make a list of things you want to see in your sportsbook, such as a welcome bonus, live sports betting opportunities, and fast payouts.
Once you narrow down your sportsbook options, check out reviews to see how other bettors are getting along with them. This will save a ton of time and help you spend more of it on betting.
Reading The Odds
Some of the more common bets you will see in any sport is the moneyline bet. This one is usually a number that has a plus or minus sign in front of it.
For example: Say the New York Red Bulls are listed at odds of -160. This means that you would need to lay down a $160 bet to win $100. If their odds were listed at +160, then placing a $100 bet would net you a $160 profit.
As such, the minus sign represents what you would need to invest upfront to win $100, whereas the plus sign is an indication of what you would receive in return for a $100 bet.
Another common bet you will see is the fractional odds. Teams will be listed as fractions such as 2/3, 5/4, and even 6/1. Using 6/1, for example, for every dollar you bet on your team and win, you get six dollars back.
Finally, spread bets involve betting against what a bookmaker has a decision on within various elements of the game. This is sometimes more of a fun bet and one that is easier to understand.
For instance, say your bookmaker is predicting that there will be 11 to 12 corners in a game. The spread will be set at 11-12. If you believe that there will be more than this, you can buy a corner at, for example, $5 per corner. So, if there happen to be 16 corners, you will make a $20 profit (4 x 5).
However, if only seven corners occur, you will lose $20. The spread that bookmakers offer will change often, depending on how the soccer match is coming along.
If the first half-hour passes without a corner, for instance, then chances are the spread will be reduced. Spread betting has the potential to be another lucrative way to make money on soccer, but is sometimes considered riskier than simply betting on the outcome.
Looking At The Team
To further add to your list of things to do, it is important to view the team as a whole and to avoid any biases you may have. If you are a New York Red Bulls fan, you need to put aside your feeling for the team and look at it more statistically rather than emotionally.
You need to be looking at their strength of schedule, the current roster, changing of coaches, or anything else that could affect team chemistry or alter a game's odds. You also need to look at how well the team plays at home or away at other teams' locations.
In addition to the knowledge you have of the team, you need to stay updated on the world of MLS. You need to be able to analyze each team that the Red Bulls will face and see if it is a good betting opportunity.
You also need to know how each player matches up against other players. Questions like how well the other team defends or if they have a player in the process of winning the Golden Boot.