Rick Steel's betting tips


The Grapevine will contain my week-to-week sports betting analysis on the sports we handicap and the sports betting industry.

Continuous Improvement

Career success is measured by how much you enjoy what you do. The optimum is to look forward to your work enjoy the process of problem solving. That in essence is our function with sports betting.

Always try to get better. This business like most is always evolving and changing. Adapt to succeed. Never stop learning and growing.

The only thing that can stop you is you. Have a passion for what you do and eventually the money will follow.

Amazon Fire stick

I will preface this grapevine by stating I have NO financial interest in recommending this product/service.

For the last 3 years my TV channels were provided through an Android box. I recently came across someone selling the Amazon fire stick and I have switched and very happy with the service.

First of all for the sports bettor it is great. All the sports packages NBA league pass, NFL Sunday ticket, NHL center ice, MLB extra innings, ACC,  Fox sports channels, Big 10, CBS and NBC sports network, Pac 12, NFL red zone, ESPN and more…

Betting tips for the tool chest

Over the course of your sports betting career, you are going to lose a chunk of wagers for a million different reasons. A missed field goal, a meaningless 3 pointer, a wild pitch, an empty net goal. The list goes on and on.

Some of these bet busting phenomena are out of your hands and are just part of the 45-47% no matter how good we are that are going to end up in the loss column. However some losing bets leave you smacking yourself in the forehead wondering “What the heck was I thinking?”

Value only never overpay

Let us continue to talk about the most important and misunderstood concept in sports betting “VALUE” Anyone who states that value does not matter if you do not have the winner has no clue and should give up this endeavor right now.

Most misunderstood word in sports betting

The next 2 grapevines we will devote to the most misunderstood word/concept in sports betting VALUE!

Value in sports betting is the equivalent to location in business. Both are essential to profit long term.

 If you “like” a particular side but you bet into a bad line (overpriced) you will NOT make money over the long haul. Value betting/handicapping is betting the right team at the right price. You cannot have one without the other. If you have no edge in other words weakness in the line for a given game than your optimal bet size is ZERO.

It is YOUR money

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.

Be a contrarian

We all know the key to successful handicapping is to find value. In a macro simplistic rule of thumb what you want to do; when everyone is jumping on a team you want to get off. When everyone is jumping off a team they are down on for a recent performance you want to jump on them whenever possible. This is what investing is all about. Buy low sell high I am sure you have all heard that before.

 Look for teams that are winning but when you search under the hood you find misleading results. For example:

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Rick Steel's betting tips | Page 6 | Professional Sports Handicapping

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