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Successful sports bettors understand the risk/reward equation and have made an honest self-assessment of whether they are a recreational player who wagers more for the enjoyment and added excitement of watching a game, or one who seeks to rely on winnings as an income source. For any kind of player, sports wagering requires various skillsets and decisions. One such decision is where to access information and data, including predictive analytics, and then how to use it.

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With Sports N Stats, you’ll get our profitable Best Bets picks using Sports Betting Platform Vegas Fast. Our betting systems are developed by a team of “propeller heads”; economists, PhDs and CFAs, not salesmen. We don’t handicap games. We handicap the sports betting marketplace. Sportsbooks leave money on the table every day as they look to offset risk. Our strategies are designed to take advantage of these profitable situations.

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I've been a professional sports bettor for the past 6 years. Many new sports bettors are clueless when they begin betting on sports. I remember this feeling quite well when I started. I got my clock cleaned for a full year betting on sports, but now I win enough money to make a great living with sports betting. These are my three sports betting secrets that sportsbooks don't want you to know.

Secret #1 - Teasers and Parlays are for suckers

In a long line of sucker bets, teasers and parlays rank right at the top. The name teaser itself should tip you off as to what the bet is all about. Both of these types of bets are long term losers for the bettor, and long term winners for the sports book. The payouts on both of these bets make them look very attractive, but in reality, you will earn more money just betting the games straight up. Let's look at the parlay for example. If you have a three team parlay and you put $20 on it and it pays 6-1, you must win all three games to win $120. In my experience you will not 3-0 one out of every six times. You'll usually go 3-0 about one out of every eleven times. So already you are at a disadvantage. The second reason sports books love parlays is because you can still have a winning record and lose. If you do a three team parlay and go 2-1, you would have a profitable day if you bet the games straight up. However, since you parlayed them, you're actually having a losing day because you're 0-1 on your parlay and down $20. Teasers and parlays are a joke, and anyone who is looking to make money betting on sports should stay away from them.

Secret #2 - If you're on the majority's side, start running

This is a huge sports betting secret that many people fail to learn. If 80% of the betting public is on one team, do not bet on that team. Stay as far away from them as you can. This always happens when games look too easy, and there is a for sure "lock". Many people who don't even bet on sports will make a wager on the game because they think it's easy money. This is why sportsbooks make millions of dollars a year, and 97% of sports bettors lose money. Do not join the crowd and let them lead you right off the edge of the cliff. I always bet on the other team, or stay away from the game completely.

Secret #3 - If you know a lot about sports, you won't automatically be successful

I think this secret brings in more newbies to sports betting than anything else. Every sports fan thinks they know a lot about sports, so they assume they will be good at betting on sports. The real truth is, most people know next to nothing about sports. Sure you might be able to tell me who's good and who sucks, but you probably can't tell me how good an NBA team is on the road after they play back to back nights. This is why many sports bettors lose. They look at things on the surface and listen to ESPN analysts and then make their picks. If you have good sports knowledge, it will definitely help you overtime, but don't rely on that as your only source of information.

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Below you will find a short list of basic sports betting tips and advice.

Sports betting tip #1 - Money Management

This is without a doubt the most important aspect of betting sports and possibly the most neglected. The first key to proper money management is to be sure not to bet more than you can afford to lose.

Sports betting tip #2 - Shopping for Numbers

The second most important aspect of betting on sports is shopping for the best number. There will be more discrepancy in the numbers on different sports at different sports books.

Sports betting tip #3 - Never Gamble While under the Influence

There is a reason the casinos in Las Vegas supply you with free drinks while you are gambling. Because alcohol clouds your judgment and usually helps you to make rash decisions you usually wouldn't otherwise make. To be a successful sports bettor you need to operate with a clear mind.

Sports betting tip #4 - Do your Homework

As a bettor, you have the advantage of streamlining your research, which is something the sports books are not at liberty to do. They must keep on top of EVERY sport and EVERY game. The best way to win money betting sports is to develop a niche and follow it closely.

Sports betting tip #5 - Check the Odds

Some sports books have better odds on parlays and teasers. When you are betting big bucks the difference in odds translate into a huge difference in your payout. All it takes is a little research of the sports books you usually bet at.

Sports betting tip #6 - Play Home Dogs

There is probably no better bet in sports than playing an underdog at home. Teams play inspired ball at home. Slim underdogs regularly win outright.

Sports betting tip #7 - Bet at the Right Time

The sharp bettors tend to bet underdogs, and they tend to bet them early. Squares usually bet later in the day (or week, for football) and they tend to pick the favorites. If you like an underdog, it is best to get your bet in as late as possible, where there is heavy action from squares on favorites.

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