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2022 MLB All-star break

Submitted by rsteel on

The close of the baseball menu Sunday will bring us to the all-star break. Monday July 18th up to including Wednesday July 20th there will be no games (at least the sports I bet on) no plays. I will be tweeting throughout this period. There are 6 games on Thursday July 21st so we will be back at it than.

I am not whining far from it but I am up every day at 4:30am 7 days a week putting in long long hours especially through the fall and winter months when the schedule is heavier handicapping games monitoring lines for value. These are the ONLY 3 days off I get all year.

What is your mission statement?

Submitted by rsteel on

As we inch closer to the fall and football season towards a busy time, I think it would be helpful to review my mission statement motto call it what you want “Sports betting as a business” I suggest you have a mission statement for yourself summarizing what you want your overall goal for sports betting.

Welcome to the daily grind

Submitted by rsteel on

WOW we are already over 6 months into our 2022 betting year. I am in my 24th year of doing this as my primary source of income. All that means is I am old. Before you know it, football will be starting up again. Where does the time go?

Use social media to your advantage

Submitted by rsteel on

In order for you to remain mobile following me on Twitter, Instagram, Facebook, 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.

Work Life Passion

Submitted by rsteel on

Work does not have to be a 4-letter word when you really enjoy what you do for a living. Nothing is perfect everything has its’ pluses and minuses. However, whatever you do have passion energy pride enthusiasm in your efforts. You cannot always control the outcomes but you can always control your effort. Enjoy the process as much as possible to avoid burnout.

Sports betting is an intellectual pursuit. It is staying one step ahead of the markets it is constantly challenging forcing you to adjust and adapt.

Value in sports betting is EVERYTHING

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.

Set your expectations

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, 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 bettor’s passes it on to the winning bettors and keeps their cut.

Snapshot of sports handicapping

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.

A bettor needs to ask what is the probability of this outcome to occur rather than do I think this team will win or not. Focusing on who will win or lose is NOT handicapping. Ignoring the line, the price is NOT finding value.

In order to really know what sports handicapping is we must mention what it is NOT:

Establish your foundation to success

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.

However, do not confuse the above with what I preach on an ongoing basis and that is the key principles that bettors NEED to follow in order to succeed. Call them foundations for success regardless of the sports you bet.

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