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Super Bowl LVII Kansas City Chiefs vs Philadelphia Eagles

Submitted by rsteel on

I am not trying to put a damper on your enthusiasm however the Super Bowl is 1 game the last game of this football year. However regardless of the fact, even if I do bet this game, I still just risk 1 unit.

I draw the comparison to New Year’s Eve where everyone comes out to party. Everyone has an opinion on the game and the wild props that are available to bet. For me it is just 1 bet over the course of 100’s that I make through the year. It is no different than a Wednesday night MLB bet I would make in July. The money is exactly the same.

Understand the laws of probability

Submitted by rsteel on

Long time followers are familiar with the below information. I like to post this once a year for a reminder and also for new bettors joining us. It really does nicely summarize put in perspective what to expect minimizing surprises.

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.

Embrace the grind

Submitted by rsteel on

We are now nicely into the 2023 betting year. This is a good time to deal with the expectations of this business. Next week we are going to deal with the laws of probability as the topic 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 we will continue topics on the mental aspect of this business.

Learn to handle variance

Submitted by rsteel on

Get comfortable being uncomfortable. One of the hardest aspects of betting sports is dealing with variance. I know most of you have heard this before BUT to emphasize no matter how sharp how good you are at this craft there will inevitably be bad stretches over an extended sample size reminding you to stay humble and adhere to proper money management.

2023 resolutions for your sports betting business

Submitted by rsteel on

New Year this grapevine should act as your new year’s resolution for your sports betting business in order to take it to the next level.

 

So, you want to be a serious sports bettor well?

 

It will teach you money management.

 

It will force you to control your emotions.

 

Your patience will be tested over and over again.

 

You will become an expert on probabilities.

 

Intuitive reading comprehension (reading between the lines) and research skills will be honed.

Year end review Reset 2023 Bring it on!

Submitted by rsteel on

It obviously does not happen often but the calendar year end coincides with week 52 end within a day of our last betting day of 2022. We close off our weeks on Sunday for betting record keeping purposes so Monday January 2 represents day 1 week 1 of our 2023 sports year.

 In over 20 years of doing this an average ROI expectancy is 3-5%. Records broken down by sport are updated daily on the website.

Bad beats and how to handle them

Submitted by rsteel on

Every so often I like to revisit the topic of bad beats to refresh your memory and also for you to understand in order to win consistently you have to understand how to lose. I did not say be happy with losing but how to deal with it and move forward so you can profit.

We all get them. They are part of the tax we pay in this business for turning a profit. Let me be clear about this topic. Despite what you may have heard or believe bad beats DO NOT even out. Yes, you will win some games you do not deserve to win however the bad beats will outnumber those so-called lucky wins.

It is a marathon not a sprint PATIENCE!

Submitted by rsteel on

Being a full-time sports bettor as long as I have this business has taught me many valuable lessons that I use in life. However, the most important characteristic would have to be PATIENCE. This was my major weakness heading into this business and I either had to adapt implement patience as part of my discipline or fail miserably.

Sports’ betting for a living is often depicted as a roller coaster thrill ride based on big decisions and life changing wins. Nothing could be further from the truth.

NCAAF bowl game handicapping

Submitted by rsteel on

Over the next 8 weeks the college football bowl games will be played culminating with the playoff format to determine a champion.

 Handicapping bowl games is a totally different beast than handicapping games during the regular season.

 Look to play ON double digit underdogs in the minor bowl games. If you are a big favorite in a game like this it indicates more was expected from you this season and this bowl game is a disappointment. The larger the underdog in games like this the greater the motivation and reward to actually be playing in a bowl game.

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