The idea of this post first crossed my mind when I read the excellent article by Trent Hamm discussing why he never uses stock market predictions to invest his money. In summary, Trent claims that if by any chance he had a profitable strategy in stock market, he would no longer be able to get great returns, as soon as he shared his strategy with anyone.
Beat The Bookies By Knowing How Your Enemy Makes Money – Secret Of Odds
If you had found a secret way to make money year in and year out, would you tell anyone that secret? Although he refers to investing tips, the same discussion can be made regarding sports betting tips.
If you had found a winning betting strategy, would you sell your knowledge instead of actually make money by adopting your own strategy? Why not take advantage of your skill to find value bets and restraint yourself from inviting people to improve their football or horse racing betting? On the other hand, making money by selling betting tips is all about marketing.
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The betting experts just need to persuade people that they are good in tipping winners. The sport of choice for most professional gamblers is baseball, which happens to rank well below the top two sports in the amount of money received.
Hockey is another sport that many long-time bettors believe can give the sports gambler an advantage over the sportsbook, but hockey nets less than even baseball. As long as they like money, those are two sports that should be followed, or at least find somebody who is a good baseball or hockey handicapper and follow their plays.
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Most sports bettors know just enough to make them dangerous, as there is a great deal of difference between being knowledgeable in the NFL and being knowledgeable in NFL betting. Being able to name the starting offensive line for the Dallas Cowboys isn't likely to help a person win a bet.
What many sports bettors don't realize is that they're actually competing against other bettors who spend countless hours on handicapping, studying trends, injuries, and betting angles. If you don't have the time to study the games try to find somebody who does, whether it be on a posting forum, a reputable sports service, etc. There is the old joke of a sports bettor who loses week after week, and finally, his bookie starts to feel sorry for the guy and suggests that he might want to try betting hockey.
There are a large number of sports bettors who feel if a game is televised, it's their duty to have a wager on the contest.
Beat The Bookies By Knowing How Your Enemy Makes Money – Secret Of Odds | GEM – Global Extra Money
While this didn't create much of a problem years ago, there are so many games televised now, that bettors can easily have seven or eight wagers on a single night, and even more on the weekend. Typically, the lines are the sharpest on televised games, as the oddsmakers and sportsbooks realize that those games will be bet the heaviest. If you have to have a wager on every televised game, those bets should be much smaller than your typical bets, somewhere around one-fourth of the amount.
I've seen a number of solid handicappers lose money over time by betting the same amount, if not more, on games that are televised than they do on games they honestly believe are good bets.
see This is a relatively new one for sports bettors to deal with, as many online sportsbooks now have casino-style gaming, which is too much for some sports bettors, including some very good sports bettors, to walk away from. There's always the legitimacy of online casinos to worry about, as well. It's one thing to be at a blackjack table and see the dealer draw a 5 to their 16 to beat your 20, but it's a bit different when it takes place online. It's easy to see the allure.