Betting Tips



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Do YOU work to live or live to work?

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 = location in real estate

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.

Live Betting

Submitted by rsteel on

With the advances in technology and the development of my own processes live betting has become a bigger portion of my overall portfolio.

Expectations be real

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

Sports handicapping what really is that?

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:

Pillars for 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.

YOU deserve the truths!

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.

Post game review of bets

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.

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