Betting Tips



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NHL regular season OT

Submitted by rsteel on

The NHL regular season gets underway this week. For those of you that have been following me for a while this Grapevine will act as reminder for those of you new please take note. I am not interested in risking money on a 4 on 4 overtime which is basically shinny or even worse a shootout which is nothing more than a glorified skills competition. Could you imagine an MLB game tied being decided by a home run hitting contest because that is the equivalent. Therefore if the game is tied after 60 minutes and we are on the money line the bet is a push.

Your line vs. market line Value?

Submitted by rsteel on

Let us continue to talk about the most important and misunderstood concept in sports betting “VALUE” Anyone who states that value does not matter if you do not have the winner has no clue and should give up this endeavor right now.

If you have been at this 1 week or 10 years the toughest concept for bettors to get a handle on is that we DO NOT pick winners of individual sporting events. That is impossible no one can and if someone says they can either they have tomorrow’s results or they are just lying.

Understand value understand handicapping

Submitted by rsteel on

The next 2 grapevines we will devote to the most misunderstood word/concept in sports betting VALUE!

Value in sports betting is the equivalent to location in business. Both are essential to profit long term.

 If you “like” a particular side but you bet into a bad line (overpriced) you will NOT make money over the long haul. Value betting/handicapping is betting the right team at the right price. You cannot have one without the other. If you have no edge in other words weakness in the line for a given game than your optimal bet size is ZERO.

Improve your approach increase your profits

Submitted by rsteel on

 

All successful sports bettors go through similar stages. Beginner to average to winning. How long it takes to get through each stage is dependent on how stubborn vs. open minded you are. Here is a list to shorten your learning curve.

1 – There's No Such Thing as a Sure Thing: You can find games that have very good value but the existence of a sure thing in sports betting does not exist. Never over-bet your bankroll--no matter how good a betting situation may appear.

Contrarian approach to sports betting

Submitted by rsteel on

We all know the key to successful handicapping is to find value. I will talk about this highly misunderstood word “value” in sports betting in an upcoming grapevine.  In a macro simplistic rule of thumb what you want to do; when everyone is jumping on a team you want to get off. When everyone is jumping off a team they are down on for a recent performance you want to jump on them whenever possible. This is what investing is all about. Buy low sell high I am sure you have all heard that before.

NCAAF basic betting tips

Submitted by rsteel on

The college football season is just underway so a good time to review some of the basics of betting this sport.

There are many similarities handicapping NCAAF and NFL as well there are many differences. Much like starting pitchers in baseball the QB in football can make or break your bets.

Review your bets improve your process

Submitted by rsteel on

Those of you who are regular readers of my Grapevines know how much I stress the importance of post-game review of bets. It keeps you sharp it helps you evaluate teams moving forward and most importantly avoids you making the same mistakes over and over again.

The post-game review is NOT a timely process. So here is a very brief checklist.

Stay current @ricksteel99

Submitted by rsteel on

In order for you to remain mobile following me on Twitter, Instagram, Facebook, and or the app allows you to be notified of a new pick(s) have been posted rather than you having to constantly check. Following me on social media will ensure you do not miss any plays and help you get the best line possible. If you wait too long after I release a pick(s) to bet the line likely will have moved against you losing potential value.

Money line chart

Submitted by rsteel on

I thought I would provide you with a reference chart that you can print out keep handy as you are handicapping games.

On the left is when you are on a money line favorite and on the right is when you are on a money line underdog. The % is the amount of times you will need to win that game at that corresponding line in order to break even.

Pages

Betting Tips | Page 12 | Professional Sports Handicapping

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