The Lock Talk - Newsletter #13

$500 DEPOSIT MATCH
USE CODE “LOCK”

Get the promo here» USE CODE: “LOCK” and let me know when you do and I’ll send you a FREE BETR PICKS LINE UP!

• I spoke with the Betr Picks Team and they are offering my members up to a $500 DEPOSIT MATCH (can deposit as low as $5, but I’d say take advantage of the big offer)

  • Very similar to Prize Picks and Underdog Fantasy, except they are giving a ton of incentives since they are new! (best time for us to take advantage and get some easy lines and free matches!)

  • We are the prop kings! So make sure you take advantage and get that FREE $500 match!

LOOKING TO JOIN THE TEAM?
NCAA🏀 IS BACK IN FULL SWING!

• Get Access to ALL of the Premium Plays HERE

  • Daily, Weekend, Weekly and Month ALL AVAILABLE!

• Use Code: “25OFF” to get 25% OFF ANY PACKAGE!

TOPIC OF THE DAY
LINE SHOPPING - USE MORE THAN 1 BOOK!

• Improved Profitability: Line shopping allows bettors to find the best odds available for a specific event. Different sportsbooks may offer slightly different odds for the same bet. By consistently selecting the sportsbook with the most favorable odds, you can increase your potential profits over time.

  • Example: Let's say you want to bet on a basketball game, and one sportsbook offers odds of -110 for a particular team to win, while another offers -105. If you wager $100 on the -110 odds, you would make a profit of $90.91, but if you bet $100 on the -105 odds, your profit would be $95.24. Line shopping, in this case, increases your profit by $4.33 on the same bet.

• Reduced Risk: Line shopping can help mitigate risk by providing a buffer against variations in odds. When you find the best possible odds, you're less vulnerable to fluctuations and can secure a more favorable price for your bets.

  • Example: Imagine you're betting on a football game with a point spread of -3.5. One sportsbook offers -110 odds, while another offers -105. If the line moves to -4.5 or -3 at other sportsbooks, you've secured better odds by shopping, reducing your risk in case the final result falls within that range.

• Better Return on Investment (ROI): By consistently getting the best odds, your overall return on investment improves. This means you need a lower winning percentage to break even or make a profit in the long run, making your sports betting endeavors more sustainable.

  • Example: If you need a 52.38% winning percentage to break even with -110 odds, but you consistently get -105 odds through line shopping, you only need a 51.22% winning percentage to break even. This lower requirement increases your chances of making a profit.

• Maximizing Bonuses and Promotions: Different sportsbooks offer various bonuses and promotions, such as free bets, deposit matches, and cashback offers. By line shopping, you can take advantage of these promotions at multiple sportsbooks, enhancing your potential returns.

  • Example: If one sportsbook offers a 100% deposit match bonus up to $500 and another offers a 50% deposit match bonus up to $1,000, you can deposit at both sportsbooks to maximize your bonus potential and increase your betting bankroll.

• Risk Management and Hedging Opportunities: Line shopping can create opportunities for arbitrage betting and hedging. When odds vary significantly across sportsbooks, you may be able to place bets on both sides of a game, ensuring a profit or reducing potential losses.

  • Example: If you can find odds on one team at +110 at one sportsbook and -105 on the opposing team at another sportsbook, you can create an arbitrage opportunity where you guarantee a profit regardless of the outcome.

SPORTS BETTING NEWS
FLORIDA CAN NOW BET ONLINE!

• Mobile Florida Sports Betting Returns with the Hard Rock Bet App

  • Florida sports betting is back online after some time away, as the Hard Rock Bet app began taking wagers in the Sunshine State early Tuesday.

• If you are a Florida Sports bettor the GAME HAS CHANGED!