Straight from the pros: Sports Betting Advice |  |
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Skill. That's all you need to win at sports betting. As a bettor, you have to gather and analyze as much information as you can about a game. You must weigh the probabilities of each team winning, and subsequently compare your opinion to that of the odds maker's.
Though luck may be a deciding factor in the outcome of any single game, and may inevitably go against you on occasion, it will balance out in the long run.
However, being a consistent sports betting winner is not about luck. It's about how prepared you are to invest time and effort to become knowledgeable about the sports you bet on. Winning is about weighing all the factors in a cool, objective manner, and adopting a consistent, disciplined, long-term approach to sports betting.
Bookmakers are mere middle-men who operate on a small profit margin. Ideally, they like to see half the money wagered on one team and half on the other, assuring a profit. If too much of the money goes on one team, the bookmakers will move the line or point spread to encourage bets on the other team in an effort to balance their book.
The person you are attempting to beat is the odds maker, and his views on each team's winning chances.
Just by flipping a coin, you will be right 50% of the time. At odds of 10/11, only 52.4% of your bets have to win for you to overcome the bookmaker's profit and break even. This means you only need a very small edge to become a winner.
So you must do your homework and bet selectively. Winning 55% of your sports bets is definitely achievable and 60-65% is a realistic target. At those levels, you can have an extremely profitable and enjoyable hobby.
by Dwane Lynch
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