Differences Between A Professional Bettor and an Amateur BettorPosted by Rossow1 on July 9th, 2019 Most casual bettors don’t make a profit from their sports-betting hobby. This includes bettors who are relatively sharp as well as those who couldn’t pick a winner if their lives depended on it. That’s not a horrible thing, either. If every bettor won, sportsbooks would be going belly up far more often than they do, and bettors would run out of places to play. And many bettors really don’t care very much about earning a long-term profit. They like to have some action on games as a form of recreation or excitement, not as an investment decision. Many of these types of bettors are far more interested in TV games than anything else, and they tend to bet more on bigger games, like the Super Bowl or the NCAA Tournament. Much of the industry considers money management as important as picking winners, and rightfully so. But throwing around buzzwords like ‘money management’ and describing esoteric concepts like ‘isolate a percentage of bankroll’ and ‘positive expectation bets’ really doesn’t help the fortunes of most recreational bettors. If you are content with betting solely for entertainment purposes, then this essay will serve little purpose. But if you wish to be a successful sports bettor and earn a profit from your betting through an extended period of time, here are some tips that should help in that quest. 1) Don’t bet into bad numbers A professional will take these calculated steps, and as a result, a pro will win these close games more often than not. If a pro bettor a modest 20 bets a week (which equals out to roughly 1,000 a year, a number that is on the low side for most professionals), it is not unusual to gain an extra 10 or 15 victories a year and another 10 or 15 pushes just by betting at good numbers. Assuming the bettor is betting a modest two percent of his bankroll on any given play, those 20 or 30 favorable decisions translates into a 40-60 percent swing in the return on a sports-betting investment. That is a profile on how to earn profits one half-point at a time. 2) Make more straight bets and fewer parlays 3) Concentrate more on box scores and less on final scores Here’s a fictitious example: The Pistons play the Bulls at home as nine-point favorites, but win by only 97-90. However, after looking at the box score, it’s clear that Detroit dominated for most of the game. The Pistons won the rebounding battle and forced the Bulls into turnovers. They led by double digits at halftime and after three quarters. But the Bulls hit some late shots in garbage time and closed the gap late. On that same night, the Raptors are nine-point favorites to the Nuggets and win by that same 97-90 margin. But the box score here indicates a whole different story. The Raptors trailed throughout this game, but got hot in the fourth quarter to steal the victory. Toronto made an uncharacteristic 27 of its 30 free-throw attempts and hit 10 3-pointers. Denver shot just 4-for-19 in the fourth quarter. By examining the box scores, you can recognize that the Pistons are in better form than the Raptors and/or the Nuggets are in better form than the Bulls. This sort of deduction can make your future wagers involving those teams more likely to be successful, even though the final scores of the two games were exactly the same. 4) Take advantage of value The pro bettors concentrate much more on backing the teams that have fallen underneath the public’s collective radar, as well as fading some of the mediocre squads that are in poor current form. The pros bet against top-25 clubs far more often than they back them. Because the teams are the most recognized, a bettor will catch six points on the underdog instead of four. It’s equally important to recognize when the linesmakers have priced you out of a play. When a team is flourishing, it becomes more and more risky to side with them. A team's value dwindles as their success grows, and a professional bettor will always be able to spot this trend and stay away from supporting these teams. 5) Be smart when betting your streaks For mroe details click here. Like it? Share it! |