• Working the Gap to Find Advantages in Sports Betting

    Added - March 10, 2014 Sports

    There's a concept in sports betting called the gap, and that's the area where the odds maker believes that the true chances of each team winning and losing lie. For example, a sportsbook might be thinking that a game between Chicago and New York will have about a 55 percent chance of Chicago winning. To give themselves some wiggle room, they will create money lines so that you can bet on Chicago winning more than 58 or less than 52 percent of the time (ie: a bet on New York).

    For each possible bet that you could make, you need to find the gap as the first step in your analysis. For example, suppose there's a line that has St. Louis at +140 and Denver at -120. The gap for this bet would be that St. Louis wins between 54.5 percent and 58.3 percent of the time. You are allowed to bet that St. Louis will win less than 54.5 percent of the time (by betting on Denver) and that they will win more than 58.3 percent of the time (by betting on St. Louis), but you aren't allowed to bet in the gap.

    Once you find the gap, you need to see if you think the actual chances of that team winning lie outside of the gap. This is what the sum total of all of your analysis and research should be looking to do. Absolutely everything in sports betting, when it comes to betting money lines, comes down to working the gap. You work the gap by looking for betting lines where you believe the gap is incorrect, and you figure this out by whatever methods you deem necessary. The smaller the size of the gap, the better the chances you have of finding a bet that you think is profitable.

    What you have to remember is that everything to do with sports betting is about trying to beat the people who set the odds. The actual teams involved, as far as how much you like them or dislike them, are completely irrelevant. Instead, all you are trying to do is investigate the gap and look for situations where you believe the gap is wrong. When you do this, you'll find what you believe to be a profitable bet. Your success rate over the long run will help to determine how skillful you are at working the gap.