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Betting on Swimming
Placing a swimming bet can be great fun, but only if you know what you are doing.
Over the past decade, the popularity of swimming has continued to rise. For this reason, the number of people who bet on swimming is also growing.
Where to bet on swimming
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How to Bet on Swimming
Most swimming bets are known as moneyline bets. This is another term for a “straight up” bet. This means that you are doing nothing more than predicting the person who will win the race. If you are correct, you will come out a winner.
When you wager on the favorite, you hope you are giving yourself the best chance of winning. However, this also means that you will not win as much money.
For example, the favorite to win a race may have odds of -400. This means that you will win $1 for every $4 you wager. Sticking with this example, a $400 wager puts you in the position to win $100.
If you bet on a swimmer who is less likely to win, you have the opportunity to take home more money. For instance, a swimmer with odds of +300 means that a bettor will win $3 for every $1 they wager. In this example, a $400 winning wager results in a payout of $1,200.
Use Swimming Odds to your Advantage
Just the same as every sport, the swimmer with the best odds to win is expected to come out on top. However, this is no guarantee.
To improve your odds of winning, you must understand how the sport works, which swimmers are performing at a high level, and any trends, such as venue or injuries, that could impact the outcome.
Swimming bets are popular throughout the year, but the action picks up during an Olympic year. This is when bettors begin to take more notice of the sport, especially those who are well educated and have the knowledge needed to tip the scales in their favor.