Many bettors when they begin their foray into online sports betting do their research to find the book that fits as many as their needs as possible and that's where they make all their bets. That's not a bad idea, it should keep you out of trouble, but it's also limiting your ability to get the most of of betting online.

To make sure your not missing out on potential profits and more money going into your account than out of it you really should own multiple accounts at a few different sportsbooks. There are a number of reasons this can be beneficial with the No. 1 being the ability to choose the best lines for all your bets.

If you're making all you bets at one book you're only getting one line. Accounts at multiple books gives you the ability to chose from multiple lines. For example, Bodog and Visit WebsiteSportsInteration have a reputation of offering the best underdog lines in the industry. If you don't have an account at at least one of them you could be shorting yourself when making bets on underdogs.

Not only will multiple accounts give you the chance to find better lines, but you also can look for the best prices. Not all books offer the same prices on their bets. Just look at Pinnacle and 5Dimes. Both are renowned for their reduced juice (-105), especially on baseball, and by reducing the juice on most of your bets it really starts to add up in your bankroll over time.

One last reason to spread your online betting around at different sportsbooks is to take advantage of multiple bonuses. All sportsbooks offer some kind of bonus or promotion so the more accounts you have the more free money you're earning yourself to bet with. Instead of reloading an existing account the next time it gets low look for another book that offers better underdog lines, or reduced juice and also has a great bonus or promo. Not only will you gain the opportunity to make better bets, but you'll also gain free money you would have missed out on without the bonus.