The above adage does not apply to sports betting. Luck is short term it cannot sustain you. Being good will have you profitable long term. Good bettors are going to get “unlucky” sometimes for extended periods of time. Accept it handle it and move on.
The bad beats do not even out. The better bets you make the more unlucky you will be. Most people do not get this concept. Understand you will be on the right side more than the wrong side and win because of your value handicapping. Therefore the short term luck factor can only work against you.
It does not matter what the $ value is of your unit. Successful sports bettors know the value of half a point on the spread or a penny on the money line. Successful bettors will be on the right side of a half point victory more times than not. They will win when others push and they will push when others lose. When a line has moved against them they know to pass on the game not to chase the line.
1)Teams IQ is always underrated. Focus on coaches and teams that know how to win that know how to close out games in difficult hostile environments and situations. Back the smarter players with smarter coaching staffs that know how to implement and execute a game plan.
2)Shop until you drop. Every penny on the money line every half point on the spread is extremely important to your bottom line. Timing the market to get the optimum price and having enough outs to get the best price possible is sometimes the difference between a winning and losing season.
Regardless if you have been at this for 1 week or 10 years I find the toughest concept people have trouble accepting in this business is we DO NOT pick winners of individual sporting events. That is impossible no one can and if someone says they can either they have tomorrow’s newspaper or they are just lying.
Touts Touts Touts they are everywhere. Professional marketers more than sports bettors or handicappers for that matter. Their main goal to separate you from your money. I will NEVER NEVER recommend anyone ever pay money for sports selections.
Online sportsbook accounts are no different than your Yahoo or online banking accounts. In an age where computer exploits, Heartbleed bugs, and other cyber attacks are plentiful, take the steps listed in to make sure that your bankroll is as safe as can be at all possible times.
1)Selecting cyber security software
We discussed in a previous grapevine about not chasing or forcing a play when you lose a game, today we will talk about not chasing a line.
One of the most common and biggest problems many sports bettors have is called “chasing”. How many times do you lose an early game on the menu and then search to find a late game regardless of value to bet on to try and make up for your early loss. Not only do some bet on games they normally would not but they also increase their unit digging the hole even deeper.
You can be the most skilled handicapper in the world however if you do not have DISCIPLINE you will NEVER be successful. Discipline relates to money management and selection. Money management is covered on my website in depth on the fundamentals page. Today we will deal with selection.
If you approach this endeavor as having a little fun a hobby wanting a few bucks on the game while watching it on TV absolutely nothing wrong with that. However if you want to make substantial money turn a profit year after year than sports betting must be approached as a business. A GREAT business in my opinion but none the less a business. As with any business you need an investment (it takes some money to make money) and you need discipline.