Submitted by rsteel on
There are so many similarities between conventional investment techniques and sports betting. When to purchase when to sell equally important in both endeavors.
If you like the dog usually better to bet it closer to game time. If you like the favorite there is usually no upside to waiting bet it now. This is not a hard and fast rule but is the norm to betting at the best odds. As you gain experience in this business you acquire a better feel when to place your bets in order to maximize value. No one times the market perfectly all the time no matter how long you do this.
Bettors have a tendency to want to wait as close to game time as possible to bet in order to have ALL the information they determine necessary. The majority of time it is best to bet when the lines are first released. Yes, sometimes late breaking news or injuries will work against you however over time there will be an equal number of times where it works in your favor. Realize sports book limits are the highest on individual games the closer it gets to game time. Why? because that is when they confidence level is the highest in the line in other words minimal to no value for you.
Proper betting is more important than handicapping. You can be a great handicapper and lose money if you do not bet correctly. Betting includes issues such as timing the market, closing line value, shopping effectively, having multiple outs, money management etc. All the topics mentioned are covered in depth on my you tube channel Professional Sports Handicapping in the playlist called betting advice.
If you are unsure about some of these areas contact me and we can clarify the section you need help with.
You can be a mediocre handicapper but make a living if you bet correctly. Now combine handicapping and betting effectively and you are rolling.