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Part 8: Learn to Breakdown and Cap Games

Posted on April 23, 2012 1:02 am by in How to Become a Sports Bettor Series

How to Become a Winning Sports Bettor

Part 8: Learn to Breakdown and Cap Games

 

1) Initial Perceptions and Bias

First key is to not go in with a bias towards any team. Let the situation, trends, and match-up information do the work for you. Do not try to decipher what is going to happen in the game before allowing all of these factors to set in.

Do you think the Lakers are the better team in a game tonight? Do you think the Colts and the Jaguars are poor teams? Do you think the Heat are overrated and the Hornets are underrated? None of that matters; do not bring your biases into the discussion. Hold back on any decisions until all the information begins to set in.

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Part 7: Think Like a Sharp

Posted on April 22, 2012 10:53 pm by in How to Become a Sports Bettor Series

How to Become a Winning Sports Bettor

Part 7: Think Like a Sharp

 

1) Don’t worry if your bet is sharp – Quit worrying about the sharp side of a game and/or fading the public. There is not a sharp/square side to every single game, nor should it really matter what side they are on (the sharp number could easily be gone). A lot of times the sharp side is the public side, but the sharps may have just gotten the number ahead of the majority of the public. Instead try to make solid bets over and over again, and focus on knowing as much as you can about the teams who are playing the game.

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Part 6: Understanding Line Movements

Posted on April 14, 2012 4:48 pm by in How to Become a Sports Bettor Series

How to Become a Winning Sports Bettor

Part 6: Understanding Line Movements

 

The next step is understanding how lines are set and why they move. Lines are nothing but different prices in a stock market that we call sports betting. If you can get a line at -2.5 instead of -3 while laying the same amount, then you are getting a better deal in our market. If you keep getting these better prices, then that will lead to more extracted value at the end of each year. Getting value is the name of the game. If two teams are evenly matched in every facet of the game, but because of some external factors (excessive media attention, star players being profiled on Sports Center, etc.) one team is favored by 6 points then you are getting value by going against them in this particular game. Public perception creates media frenzy around a team; the frenzy inspires your average Joe to place a wager online; and the line adjusts to the influx of money coming in on that team.

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Part 5: Difficult Bets, Best of Numbers, and Key Numbers

Posted on March 25, 2012 8:07 pm by in How to Become a Sports Bettor Series

How to Become a Winning Sports Bettor

Part 5: Difficult Bets, Best of Numbers, and Key Numbers

 

Now we have gotten through all of the sign-ups and psychological factors that usually hinder new bettors: it is time to start getting serious about this. You are now following and tailing some of the best free bettors (who are usually the best) on twitter, and you have started trying to actively figure out why these guys have placed their bets on these particular sides and totals. People that win money consistently betting sports will tell you the most important thing they look for is value. Sharps, as they are known, are the ones that can consistently find these winners over and over based on power ranks, trends, situations, formulas, etc. Regardless of the means, we all are simply looking for the best way to determine the value of any bet so that we win money over time. It is no different than a Wall Street trader looking for a stock that is under-valued now in hopes of making a profit down the road.

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Part 4: Dealing with Losses and Tailing Bettors

Posted on March 22, 2012 5:17 pm by in How to Become a Sports Bettor Series

How to Become a Winning Sports Bettor

Part 4: Dealing with Losses and Tailing Bettors

 

Dealing with Losses

Learning how to deal with losing is the single-most important factor in deciding whether you make money or lose money when betting sports. Staying focused on the next game (instead of the last game) and not worrying about a bad day (or even a bad week) is what separates 55% bettors without discipline who lose and 58% bettors with discipline who win every single year. Some gamblers who lose one big game hate losing so bad that it pisses them off, and they end up doubling down or betting 2 or 3 games without much time to study and cap the games like they should. Keeping your cool will save you more money than anything else you can do while betting; inversely, losing your head while betting will lose you a whole bunch of money in the long- or short-term. You have to stay driven, level-headed, and mechanical (think Kobe Bryant in the 4th quarter of a playoff game) before and after you place your bets. No matter if I am 2-8 over my last 10 or 8-2 over my last 10, I still place my bets the exact same way.

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Part 2: Get Set-up with Many Online Books and Other Services

Posted on March 10, 2012 9:40 pm by in How to Become a Sports Bettor Series

How to Become a Winning Sports Bettor

Part 2: Get Set-up with Many Online Books and Other Services

 

Hopefully you are starting to understand that you have to have a good bit of money to really get started betting. I would say a $500 minimum will be what it takes to get things going, be able to manage your bankroll correctly, and be able to shop for the best numbers. I did the $50 experiment just to teach people the things I am going to show you in these following lessons. More importantly, you can win by sports betting. It just takes dedication, focus, and a relentless effort to win and make money.

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Part 1: Old Habits and New Beginnings

Posted on March 9, 2012 6:03 pm by in How to Become a Sports Bettor Series

How to Become a Winning Sports Bettor

Part I: Old Habits and New Beginnings

 

So, I am assuming you have tried your hand at betting sports and keep reverting back to the same mistakes all bettors make: some guys are simply too lazy for the grind that is betting sports; some guys are risk takers who love the thrills too much to study up or manage their bankroll properly; and some guys are trying to make money too fast and inevitably end up putting too much money on the line while trying to make it in this business. I have seen some of the smartest bettors come and go because of some really simple mistakes. The good news is that the mistakes that hinder most sports bettors are really easy to fix. Sometimes you just have to start over and take a good look at yourself before things will start to turn around. If you are not making money, then now is the time to do that.

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