The advent of the internet and offshore sportsbooks has made the internet wagering market very competitive. There are now hundreds of offshore sportsbooks, in addition to local bookies, and licensed Las Vegas books that take sports bets. What does this mean for the serious player who are internet sports wagering? Quite simply this is a huge advantage having all these various sports wagering outlets available to the player including wagering on the Internet.
10 years ago players had fewer betting options. If you didn't live in Las Vegas you had to place your bets with an illegal local bookie. Besides this process being highly illegal, most local bookies charged more than the -110 vig just to take your action. Because of lack of local competition as well as the legal ramifications one could encounter through the process, inflation was comprehensible to players.
Today the internet sports wagering market is the same, same teams, same odds, same sports, but the difference is the price on the odds and point spreads. These days, offshore books offer such perks as bonuses, free ½ points, and reduced juice. Thanks to internet wagering the days of -120 vig on sides is ancient history.
Much like the stock market, when wagering on the Internet you are trying to buy low and sell high. That is getting your wager down before the line moves against you, as well as not bet into stale numbers. Smart bettors will have access to internet sportsbooks that post there opening lines before everyone else. There are only a few select books that are "price setters" while most other books that offer internet wagering are known as "price followers". Two of the price setters are 5 Dimes and Bookmaker Sportsbook , who are 2 of the internet books we advise all of our members to have funded at all times. Having accounts at these 2 internet wagering parlors will guarantee you will always be able to get down on all opening numbers and not miss out or "buy high" as the stock guys would call it.