Forums, Handicapping Key To Winning Online

Every day millions and millions of players sign on to their Internet service to participate in online sports betting games, looking to add a little excitement to the games they’re watching or make some money picking the right teams, scores, etc.. Most of the people that go online and make their wagers aren’t professionals, and what is even more surprising is that a lot use public sports handicapping sites or forums to get an edge before making their wagers. However, this isn’t the best solution to getting a betting edge, especially when the player considers that they are not always getting the best advice, particularly when playing on the advice of the hot hand. The hot hand is the one that is doing the most winning at the time they are offering the advice, which could be costly given the fact that a long winning streak usually means a loss or two is on the horizon.

What players must do when going online is realize that no handicapping expert in the history of NFL betting or any other sport has ever gone perfect predicting winners, and that succeeding in making money online is as much to do with betting streaks as it is taking advice to find winners. If a handicapper has won 10 in a row, he is due for a loss no matter what his system is, so when making your own play consider going the other way. Forums and Handicappers will always exist, but money allocation and predictions are what will make the biggest difference.

Sports Betting Tips: Why Most Sports Bettors Lose

Throughout the history of the sports betting industry, many fans have entered with the mentality that because they know sports better then the guy next to them they will never lose. We are here to give you a wakeup call by looking at the reasons why sports bettors lose when betting online. Here are three reasons as to why sports bettors lose and how you can avoid these mistakes.

1.      Money Management – The most pivotal of all the mistakes is money management. Poor management of your accounts online is just as bad as blowing your bank pay check on one hand of high stakes poker at a casino. By properly setting aside a budget you of money you can afford to lose it will help you in the long run of your sports betting career. For instance one of the biggest mistakes we see when it comes to poor money management is betting low on one game but significantly higher on another. Instead bet the same low amount on each game, such as $50 per game rather than $50 on one and $200 on another. As well after winning a bet store the winnings in your account and place your new wager with the original wager cost.

2.      Lack of Knowledge – One of the easiest ways to go from losing your bets to winning them is to become more informed. This point may sound simple, however you would be surprised how many bettors go into making a wager on the simple information of their favorite team has a good line. Instead of approaching a game with this mentality, learn everything there is to know about the given sport you are wagering on and develop a niche.

3.      Betting Too Many Games – This point is far overlooked by new bettors. To become a better gambler, and lose less, we suggest you pick only a handful of games. To add on to the lack of knowledge point above, get informed on all games, but pick five games to know more than the others. By doing so you will have a better chance at winning these five games instead of wagering on the whole board.

Sports Betting Tips: Winning Percentage vs Units Won

When online betting, fans should look towards the units they have won rather than an overall winning percentage as this is a better indicator of profit. Units won calculates the overall profit based on the total number of games they have won. For fans betting on units won you want to look at an overall victory total instead of your winning percentage each day. If you end 150 wagers with a 55 percent winning percentage you have won 83 units and lost 67. Yet if you are looking at each day’s individual winning percentage you are likely to bet higher and higher in an attempt to inflate your winning percentage.

The sports enthusiast with the mentality of winning 55 percent overall is using the units won mentality in that you should have a lot of volume in order to accumulate a smaller overall profit. In sports such as hockey and baseball, this school of betting is the best route to follow when wanting to make an overall profit. To come out with a 55 percent winning total in the sports betting world is a quite successful mentality.

Conversely, the 60 percent expectation for winning percentage, works better in a sport such as football or the NCAA March Madness tournament in which there is a select amount of games. For football it is likely to win 60 percent of the games if you bet the favorites in a 16 game season. Sportsbooks become affective in this school of gambling, as most offer highly favorable lines for smaller amounts of games.

For fans that enjoy watching baseball as we previously mentioned the units won mentality can allow you to make a profit in the long run. Here you accept that you may lose but overall know that you will come out with an above 500 win percentage. In football conversely if you lose seven games you can’t make a profit.

Sports Betting 101: The Basics

In the world of online sports betting, all of the options can be quite overwhelming for fans looking to test their trade. However today betting fans we have two concepts to get you through those scary times and become the ultimate sports bettor. These two concepts can be used in all four major sports in North America and in European football. Today we look at how understanding point spreads and totals can be the difference between success and a onetime betting experience.

1.      Point Spreads – Initially when the major sports leagues were first created at the end of the 19^th century, fans were strapped to the money line wager. As a result, many bookies at the time were unable to spread out the wagers evenly as the majority of fans would bet the favorite. Years later in the 1960s, bookies began creating point spreads for basketball and football games in which fans could bet the underdog to at least cover when they lost. By doing so, the bookies were able to balance out the wagers and pay everyone. Here is what a point spread looks like in both football and basketball.

Example:

Bills +3
Bengals – 7

In order to win your point spread bets if you bet the Bills you need them to lose by a minimum of three points or win outright. While to win for the favorite you need them to win by a minimum of seven points.

2.      O/U Totals – Totals makes the world go around in the world of sports gambling. In essence, totals cover all four major sports as well as the European sports such as soccer football and rugby. As a new bettor how totals betting works is that a bookie or sportsbook will set potential total combined points for two teams in a certain game. Your job as the bettor is to guess whether the total points will be above or below what the bookie predicted. It’s as simple as that. Here is an example in Soccer

Man City
Liverpool
O/U 5

Final Score 1: Man City 0 Liverpool 1

The total predicted was five goals between the two squads, however to win when the total went under you need the final to be four goals or less. In this case Liverpool scored the only goal which made fans betting the under a winner. Conversely if you bet the over you would have needed the score to be totaled at six or more goals.

Next Page »