When you bet online, you have to understand the ins and outs of each situation if you want to make the most money.

Not sure how to do that?

Get in on some of the most popular bets by following these tips:

1. MLB betting isn’t really a team effort

I know, I know, there is no “I” in team. Your favorite MLB team wins as a team and loses as a team, and all of that other feel-good stuff. However, in the sports betting world, it’s not quite that simple.

If you want to succeed at MLB betting, you have to focus on one member of the team — the pitcher. The other 24 guys sitting on the bench really shouldn’t factor into your betting decisions.

Think about it — some pitchers are always lights-out, while others have big ups and downs. Are you willing to put your money on a guy who’s sometimes great and sometimes terrible? And, if a pitcher gets rocked badly enough, the offense may not be able to overcome it. When it comes right down to it, beating the odds in MLB betting depends on how the pitcher does. That’s what makes betting on baseball different than placing a bet online for any other team sport!

2. Sports betting arbitrage isn’t for the faint of heart

On the surface, sports betting arbitrage sounds like a great idea. You simply bet on all of the possible outcomes that a game could possibly have. That way, you always win!
Too bad it’s not that simple!

To succeed at sports betting arbitrage, you need to be able to find odds in your favor — meaning that when you win, you get enough to cover your losses. After all, you’re betting on every possible outcome. Most of those bets are going to be losers. If you can’t win enough to stay ahead, you’re wasting your time.

It’s also important to remember that sports betting arbitrage doesn’t work in every situation. If you want to succeed at it, you’ll have to learn how to spot specific point spreads and certain indicators. Then, you’ll need to have enough money to actually place all of the bets!

3. Proposition bets are fun, but don’t bet the farm on them
A proposition bet is based on something totally random — like who’s going to score the first touchdown of the Super Bowl, or whether or not your favorite player is going to hit a home run today. These are the sports betting world’s version of a crapshoot. They can be a goofy diversion, but since they’re so random, you can’t place a whole lot of stock in them. Unless you have a crystal ball, don’t count on making a ton of money with these bets!

Article submitted by 5 Star Games.