Betting Tips



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Avoid these common mistakes

Submitted by rsteel on

1) Being Under Capitalized. Do not be disillusioned to think you can make a full time living on a minimal bankroll.

 2) Not having enough sports book accounts funded whereby you are not getting the best number available. Betting -1.20 when -1.14 is available is just burning money.

 3) Not following proper money management procedures. There is no such thing as a lock in this business. However risking more than 2% of your bankroll on a game will guarantee you will not be around long term.

Key skills to be a successful sports bettor

Submitted by rsteel on

There was a recent survey on the above question. Below are the most common responses. I have added my opinion as well. They are in no particular order. This is not meant to be an all-encompassing list. If you are unsure about any of these points or have additional ones you would like me to add by all means contact me.

Discipline relating to selection of games, money management, not chasing lines or losses.

Ability to make decisions with incomplete information.

Timing the market knowing when to bet almost as important as which team to bet.

Sports betting Nuggets

Submitted by rsteel on

As we continue to wait out the return of sports betting below is more betting advice to add to the library.  

Do not be worried about betting against public opinion. Look for over and under reactions to recent games. Be a contrarian in this business that is where you find the value and the money.

Do not play catch up “chasing” by increasing your wagers when losing.

What you save is what you earn. Shop! Shop! Shop! Have a minimum of 3 sports book accounts to ensure you get the best lines possible regardless of the size of your bets. Everything is relative.

March Madness Handicapping Tips

Submitted by rsteel on

Obviously filling out a bracket is a different beast than handicapping individual games of the tournament with point spreads. Next week’s grapevine I will help you with your bracket this week we will deal with the spreads.

 1) Forget about the conference tournaments underway. March madness is a different beast. There is no carryover of momentum for teams that performed well in those tournaments. In fact some coaches could care less about those tournaments and focus on getting their teams ready for the big dance.

2020 sports pick Apps MLB spring training

Submitted by rsteel on

The 2020 Apps for Apple and Android are both available for download in the respective stores. All my bets, analysis and alerts with running records per sport for the year. Never miss a bet acquire the best lines and allows you to be mobile at the same time. Make sure to turn on the alert/notifications on the app so you are alerted each time I update the app with new picks.

MLB Spring Training games

Submitted by rsteel on

It baffles me when ignorant individuals comment about being degenerate betting such events as pre-season NFL or MLB spring training. It is a true indication they have no concept of sports betting. Value is value regardless if there is weakness in a line for the Super Bowl or Detroit vs. Kansas City in a March baseball game. The money is exactly the same.

Probability laws

Submitted by rsteel on

You are never as hot as you think you are. Your luck is never as bad as you think it is. You are never due to win. Now that we have this out of the way we can get to the crux of the issue. Gamblers think when they get hot they are invulnerable. They think the laws of probability do not apply to them.

Keeping it real Perspective

Submitted by rsteel on

Next week we are going to deal with the laws of probability for the grapevine. For those of you that are new this will introduce you to the nuts and bolts of this business. For long term followers next week’s grapevine will act as a refresher.  This week will be an add on for the topic of the mental aspect of this business. I am a firm believer if you tell people what to expect to minimize surprises and set realistic expectations it will give people a greater chance to succeed.

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