In general, it’s a good idea to bet on the favorite in sports betting. However, there are times when it makes more sense to bet on the underdog.
This is especially true when the underdog has a strong chance of winning. In such cases, it’s sometimes referred to as a “dog” bet.
When making a dog bet, you are essentially placing your money on the side of the underdog. This can be a risky proposition, but it can also be very rewarding if the underdog can pull off a shocking victory.
One of the most popular dog bets in sports is the NCAA basketball championship game. Many bettors believe that Duke is an unlikely champion, and they are willing to put their money where their mouths are by betting on Duke to lose.
If Duke loses, they will likely receive a large payout from their bets.
However, there are other times when it’s not so clear who is going to win a particular sporting event. In these cases, it might be more beneficial to place a “bet both sides” wager. This type of wager allows you to profit from both possible outcomes.
For example, if you think that the Los Angeles Lakers will beat the Boston Celtics in Game 5 of the NBA Finals, you could place a “bet both sides” wager on either team. In this case, you would still lose money if Boston wins (since Lakers odds would have improved), but you would also gain money if LA wins (since your bet would have been on LA).
