Subscribe for weekly betting tips and become a winning bettor.
Submitted by rsteel on
A common myth in handicapping is you should only play dogs and somehow if you bet a favorite you are a square. People value is value. If you are handicapping a game and your line is -2.50 or -9.5 points and the lines at the book are -1.95 or -8.0 respectively guess what you have excellent value play them BOTH. Sometimes the obvious play is the best play. Take the money and move on.
Submitted by rsteel on
Shocking news most casual bettors do not make a profit from sports betting. This is not a terrible thing. If every bettor won there would be no sports books left they would be out of business. However as we know the sports book just acts as a broker. The good news and why sports betting is so advantageous you are not competing against the sports books you are competing against other sports bettors. The sports book simply takes the money from the losing bettors passes it on to the winning bettors and keeps their cut.
Submitted by rsteel on
Sports handicapping is a fluid market of competing bettors risking money on the probability of an end result to occur. The challenge prior to the event is to accurately calculate if you have an edge (in other words value) over the betting market.
Submitted by rsteel on
There is NO cookie cutter model to follow in sports betting to guarantee success. What works for one person may not work for another. What I do suggest is handicap from a position of your strengths while improving in areas you think will help you find value more effectively.
Submitted by rsteel on
This is not meant to be a comprehensive list. Some are obvious some not so much.
• There is no such thing as a sure thing for any one particular sporting event. You may have many many compelling reasons to bet a particular side but do not allow that to force you away from proper money management principles.
Submitted by rsteel on
I am sure most of you have heard the phrase the definition of insanity is doing the same things over and over again and expecting different results.
So how does this relate to sports betting? Well as I have mentioned often it is very important to evaluate as objectively as possible your bets after the fact.
Submitted by rsteel on
As regular readers of my grapevine have heard before sports handicapping is so much more than number crunching to spit out value. When you analyze the box scores the stats the current form of teams constantly ask yourself:
What is real an emerging pattern that will likely continue? Conversely what is not real and is a pattern that will regress to the mean?
Bettors make the big mistake of believing these patterns will continue because it is the easy lazy way of thinking. Something to grab onto a security blanket too place a bet.
Submitted by rsteel on
These are three primary reasons I am a sports handicapper:
1. Freedom especially with today’s technology. No boss no employees no huge capital investment.
2. I love watching sports since I was a kid. The pure competition of humans battling and the sense of not knowing the outcome.
3.I have the aptitude for numbers and how to analyze them which comes naturally to me based on my background and education.
4. Get paid what your worth based on your skill and hard work.
Submitted by rsteel on
Regardless if you participate in this business full or part time if you take this endeavor seriously PATIENCE must be incorporated into your personality.
When I got involved in sports betting 25+ years ago I had zero patience in my life period. I was always looking for the big score for instant gratification. This issue was my greatest challenge in order for me to be successful at sports betting. I wanted to do this full time right away but looking back I had no clue.
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.