The most profitable forms of what society classifies as “gambling” are actually gambling at all. Professionals do not consider themselves gamblers of their chosen profession, either do sports bettors or poker players. It is an investment.
I am a sports fan and my knowledge helps, but you don’t have to. I am the first and foremost an investor, earning a living from sports betting. The most critical factor in investing in sports betting industry works http://126.96.36.199/.
– The best team in sports will usually win
– Line makers are very good at setting markets (lines, overs / unders)
If you do your research on the set of lines and the results over the last few years you will be able to see how accurate the forecasts are (trust me I have done it). Now for those new to sports betting, you may be discouraged by these facts.
– THE OUTCOME OF SPORTING GAMES ARE NOT RANDOM
Sports betting on your perspective is key to this. In reality it makes a professional sports bettor no different than your avid investor or stockbroker, but rather than analyzing corporations to predict performance, they are analyzing sports teams. Now this is where things get really interesting, most people new to sports betting or those with a casual interest believe they’re a bookmaker or line maker. This is not true. The line makers are not posting a prediction of who will win and how much they will set their lines. Rather they are trying to anticipate what the public will think and how much they will win.
Well the bookmakers, like the professional gamblers, are in business like this. They do not gamble either, and as a result their goal is not to gamble, but to split the public’s bets (as close to half as possible on each side). This way they earn profits from the juice they take on each bet. Thus the professional gambler and the bookmakers are two very different goals to pursue. These differences open up a great deal of opportunities for the sports bettor as they are not limited by the public opinion.
In essence an educated sports bettor is actually a public opinion against who is playing casual sports bettors. Once you realize this, you should consider who you have the benefit of:
– The casual sports bettor or fan who spends a few minutes each day keeping abreast of the sport; OR
– the experienced & expert (full time) sports bettor?
How do you become an experienced and expert sports bettor? This is not an easy step, it takes time and effort. Experts have been doing this for a number of years. They have the strict rules of the sports betting field and innovate on their own. They are crunchy years of data for specific sports that they focus on and use in combination with other strategies to gauge the differences in public opinion and what actually happens. They are in effect “grinders”.
But you can do this too, with more information than ever before (both sporting expert sports betting and actual sport statistics). Alternatively you can pay for these services from others and make your living work free – however touting services are usually a scam so it is important to choose a reputable provider.
The only question is now, will you?
Jesse Penfold aka “The Yank” is a professional sports bettor and a member of the Cha-Ching Sports Betting Team.