Sports Betting – A Crazy Tip That Teaches Even Newbies How To Win By Knowing How Not To Lose
Is sports betting on the Internet become a pastime for you? Would you like to break even or even make some profits? Follow this simple tip and you will make money.
So what is this crazy tip that turns losers into winners? It’s so simple that I’m sure you will be banging yourself in the forehead with a can of tomato juice when I tell you. Don’t follow the teams, follow the professional handicappers. They have developed a systematic way of sports betting that beats the odds.
I would have to say 99% of the people who bet sports do so on an emotional basis. You adopt ideas and feelings about teams over the years. The Raiders play mean and sometimes dirty football. The Patriots are a precision team, the Mariners are a strong pitching team, etc. Beliefs like this can cloud your judgment. The first thing you should remember is the advice Gordon Gecko gave to his young protege. “Don’t get emotional about a stock.”
To win at sports betting, you need to never get emotional about a team or player. You have to keep your feelings out of your picks and use the cold precision analysis of a computer. That’s the only way to maintain a winning percentage.
The next step is to develop a money management system Football bookies so you don’t overload yourself with long shots that rarely pay off. You need to think of your betting the same way a Wall Street stock broker thinks of his portfolio. You want to diversify and balance your betting accounts.
What I mean here is you do want to make some long shot bets. Long shots rarely pay off but when they do, its like hitting the lotto. The key is to balance your long shots with the not so exciting even money bets. Even money means you if you win you win the exact same amount as you lose on the bet. These bets are generally safer bets that many bettors don’t think are worth their time.
I’ll tell you what. Bettors who think that way are losers. The even money bet has a place in your betting portfolio. You use them to offset your long-shot bets. On Wall Street, they call it hedging. If the long shot does not come in, which it usually wont, you lose the bet. Let’s say you bet $100 on the long shot. At the end of most days you will lose $100.
Now what if you offset the $100 long shot bet with a $100 even money bet. Even money says there is a 50/50 chance of winning your money back. About half the time you will win, half the time you will lose. If you have information that can change your odds, you can push that 50/50 to odds more in your favor. Now most of the time you will win this bet and can apply the profits to pay for the long shot bet.