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Submitted by rsteel on
On August 6 the head of Pinnacle Sports book will be answering questions LIVE via their Twitter feed @Pinnacle Sports. This will take place 1pm EDT.
With the close of the NBA finals and prior to NFL preseason constitutes our slowest time of the year volume wise. I focus exclusively on MLB sides. On a regular day there are 15 MLB games so there is plenty of work to do and value to be found.
Submitted by rsteel on
We have had an outstanding six and half months start to our 2013 betting year. The close of the baseball menu today will bring us to the all-star break. Monday July 15 up to and including Thursday July 18 there will be no games (at least sports we bet on) no plays and no email alerts. I will be back with you on Friday July 19.
These are the ONLY 4 days I get off all year. So I suggest you as well refresh catch your breath and get ready as we creep closer to the start of our busy fall season. The first NFLX game goes Sunday August 4 and NCAAF kicks off Thursday August 29.
Submitted by rsteel on
If you do your own handicapping please make sure you do not rely on your friends, peers, talking heads on TV, or anyone else for that matter to help you make your betting selections. Consensus decision making does not work in conventional business and it especially does not work in this business.
Submitted by rsteel on
With the close of business today we will reach the midpoint of our 2013 betting year. Keep in mind that is from a calendar perspective. The majority of our volume takes place from September to December. In fact on average in the last 4 months of the year on average we do about 60% of our total volume.
Submitted by rsteel on
This week I invite you to go to the Betting Tips page of the website for a new article just posted. The article deals with one of the most important issues in sports betting and one of the most under estimated factors to success that is “Shopping for line value”.
Enjoy!
Submitted by rsteel on
Value in sports betting is the equivalent to location in business. Both are essential to profit long term.
Submitted by rsteel on
We often draw comparisons to the similarities between the stock market and sports betting. There are many reasons in my opinion why sports betting is far superior to the stock market as an investment vehicle. The biggest reason is it is an even playing field for everyone.
Read the following quote from a successful Wall Street investor. “After making and losing millions of dollars I want to tell you it was never my THINKING that made the big money for me. It always was my SITTING.
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.
Submitted by rsteel on
The difference between being highly profitable or going bankrupt in this business is razor thin. In a micro example 11-9 every 20 plays +1.1 units big money. 10-10 every 20 plays -1.0 units eventually your bankroll grinds to zero. I know the above is a simplistic example but over a large enough sample size that is exactly what happens.
Submitted by rsteel on
* Be calculating be deliberately decisive after analyzing ALL the objective information of a match up.
* Never let outside influences personal problems affect your handicapping. This business is tough enough you must perform with a clear mind.
* Always practice proper money management procedures thereby being able to withstand the bumps and form reversal that is inevitable at times.
* Never fall in love with a player or a team. Be ruthless in your pursuit of winners.
* You must always look closely at BOTH sides of a game not just the side you are interested in.