Sports betting is not profitable for most casual bettors. Both those with relatively good judgement and those that couldn’t predict a win if their lives were on the table are included. The fact that every bettor wins isn’t a terrible thing. It would not be uncommon for sportsbooks to go bankrupt if all bettors won. Bettor’s would have no place to wager if that were the case. Some bettors do not care much about long-term profitability. It is not an investment, it’s a way to get some excitement or entertainment. Most of them are interested more in television games.
The industry is right to consider money management just as important in picking winners. The majority of recreational bettors are not helped by buzzwords and complex concepts such as isolate a certain percentage of the bankroll or positive expectation bets. You will not gain much from this article if betting is your only goal. These tips should prove helpful if your goal is to make a consistent profit through sports betting.
Don’t play with bad numbers
Professional handicappers know the value of a half-point. The average Saturday college-basketball schedule has at least 6 games where the winner or loser is determined by the point spread. A professional bettor is on the winning end of almost every single one of these decisions. When others push, a professional bettor is either the one who wins or gets the push. It will be worth the pro’s time to look around at various sportsbooks for the most competitive number. It is important that the pro have multiple accounts funded so they can place bets at different lines and places. It is possible for the pro to predict which direction a particular line may move in, which can help him capitalize on an advantageous number.
Pros are more likely to win games that were close. When a professional bets 20 times a week – which equals to 1,000 bets annually, this is the average number for professionals. With good odds it’s not uncommon to get 10 or 15, plus 10 or 15, extra victories and pushes. Even if the pro bets only two percent of their bankroll, 20 or 30 good decisions can result in a return between 40-60% on sports betting. It is possible to make money by betting a half-point each time.
You should be betting more on straights than parlays.
Parlays are rarely used by professional gamblers. Instead, they make most of their bets straight. Most amateurs do not straight-bet and the percentage is close to 50%. For the pros, the straight bet makes up their daily bread. The professionals are content with a 3-2-day or a 12-8 week. Professionals aren’t just interested in the short-term gain that parlays can provide. They want to be there for the long term. Parlays can be a big moneymaker for amateurs. However, they often forget the benefits of a slower and more steady approach.
Straight bettors can enjoy a higher percentage of wins when compared to losses. This will result in a consistent profit. Parlay bettors will not be happy with this result. The parlay card is prominently displayed at every Las Vegas Sportsbook. Most Las Vegas casinos rely on parlays to pay their bills. But that doesn’t necessarily mean pro-bettors never bet on longshot scores. The pro bettors will still place straight wagers alongside their long shots, even if they are a lower percentage 2up sports.
3. Focus more attention on box scores than final scores
When you look at a final score, it’s very easy to come up with all kinds of wrong assumptions. If you don’t read game summaries and look at the box score, then you won’t have any idea what occurred and which teams were in the best form. You should handicap each game after it is over. Then ask yourself a few questions. What did you anticipate and what happened as a surprise. Which of the following is likely to be repeated, and which was a surprise?
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