Sports Betting:
Coming out a winner at the end of the season
Professional gamblers in any
niche of the betting industry will tell you that in order to win
you have to have a strategy.
When it comes to sports betting, there are several areas
in which gamblers can find themselves in real trouble at the end
of a season. It’s important to take the professional approach
and go into the season with a strategy when it comes to betting
that will help to maximize your returns and have you in the
black at the end of the season. We’re going to take a look at
some ways that can help you come out of any given sports season
in the black. The first part of this mini series will deal with
the cold cash that you place on games during the season.
Create a budget. In order to make sure
you don’t get over your head in sports betting, it’s important
to have an idea going in about how much you can afford to play
with. Creating a budget at the beginning of the season will give
you an idea on how much you can bet per game. You can go even
further with this and divide the money up further; some to be
used for games which are great value (you’ll want to put a
little more on these) and some which you are pretty sure about
but could go either way.
Stick to the plan!!! When it comes to
sports gambling, winning can be a real rush. Within the first
two weeks of the NFL season a good streak can have a new gambler
betting much higher than planned. The thought process here is
usually, “I can’t seem to miss and think how much money I COULD
have won if I’d bet more, earlier!”
This thought process is a total profit
killer. You have to remember that sports seasons are long, and
especially in today’s age of parity, teams have a chance of
winning or losing every night. Your own record is no guarantee
of a win on your instincts. Further, a team on a really hot
streak is usually a bad value bet; the money lines and spreads
are so high that a loss or failing to bat the spread could wipe
out a couple weeks worth of wins if you don’t stick to your
dollars-per-game plan.
On the other side of the coin is the
person who has been on a losing streak during the season or the
day and badly wants to make the money back. These bettors are
even more vulnerable than the winners, because they risk digging
themselves into a deep, deep hole. Trying to win back the money
you’ve lost by betting more is a sure fire way to scuttle your
payroll quickly. Winning or losing, just stay steady with your
bets. The odds are good that by the end of the season, it will
all have evened out.
Do your homework. For some, gambling
seems like an easy way to make money, but the real winners are
the ones who study the games they are placing money on. There
are many variables that can affect the outcome of a game, and
you want to try to account for as many of them as possible when
you start handicapping. There are lots of resources out there
that a sports gambler who wants to win should be consulting
weekly. Here are some things to check.
• Injury lists: Who’s injured? Who’s sick? This kind of
information can be critical if you are trying to handicap a
game. The injury of a star quarterback can be big headlines, and
a lot of the time the sports lines will reflect the public
biting into this fact. What you need to find out is, what about
the rest of the team? Maybe the backup is still able to guide
the team to a huge victory, in which case you don’t want to bet
on the other team. Players that don’t make the headlines can be
incredible leaders on their team; their absence might have a
huge effect on the way the team plays.
• Lineup changes and trades. This is particularly important when
you are betting at the beginning of the season. The Toronto Blue
Jays might have absolutely owned the Minnesota Twins the
previous season, but a few personnel changes might upset the
balance considerably. Mid season trades make a lot of press, but
getting in on some good value sports betting at the beginning of
the season because you understand the changes a team has made
might be that extra boost you need to have a winning season.
• Team idiosyncrasies. Some teams are awful at home, some can
only win at home. Streak betting is popular, but keep in mind
that streaks only take one game to end.
Visit our
Sport Stats page for all the
above data.
Buy low, sell high.
This idiom is huge in the stock market,
but it’s important in sports betting as well. What it means is,
look out for a team that has good value at the beginning or
middle of a season, but don’t commit to them forever. Here’s an
example.
Let’s say that the New England Patriots
are coming off of a horrible season. They’re the laughing stock
of the NFL and no one expects them to do that much. This
impression will be doubled if they lost a few games in the new
season. The result is a betting public that has lost faith and
won’t touch the Patriots either for spreads or for wins. Now’s
the time for the professional gambler to think about laying some
money down on the Saints. To start with, book makers will be
trying to even the action by increasing the spread, so there’s a
better chance of beating it. You will probably be able to ride a
team like this for the rest of the season, even if they start
winning. Once they start turning into favorites, though, you’ll
want to proceed with more caution. Don’t bet on them too
heavily.
Marshall
Published on 07/04/2007
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