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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.
With Sports N Stats, you’ll get our profitable Best Bets picks using Best Professional Sports Betting For Beginners. 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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Sports Betting Insider Analytics
So, let's start from the basics shall we? Sports betting is the activity of predicting sports results and placing a wager on it. If you are well informed, you can make a quick, large amount of money. That is why sports betting are superior to normal gambling. Because you CAN have the odds stacked in your favor. That is if, you know what you are doing.
There are different kinds of sports betting also. A simple wager with your friend on the winner of the super bowl is quite a lot different than professional sports betting. Professional sports betting (which is obviously where the real money is) is done through a bookmarker. Bookmarkers are legal in certain places like Las Vegas, but in less urban places most people place their bets through the internet or an illicit bookmarker.
There are two different types of wagers that book markers offer: a straight up money line bet, or a point spread bet.
A straight up money line bet is simple; if you bet on the underdog and win, you would receive considerably more money than betting on the superior team. A point spread wager also deals with the underdog, but instead gives the underdog additional points, as a handicap. For example, if the Steelers were Against the Patriots, which ever team you choose and wins you would receive the same amount of money, but the Steelers start out with a free 14 points.
As explained earlier, if you want to make a lot of money very quickly, sports betting is your best bet (yes, a clever pun). However, it is extremely crucial that you know the methods and secrets of the system, or else you will waste all of your money. In other words, before you pursue sports betting make you're educated.
There are tons of books promising unrealistic profit by revealing their "super secret secrets", but most of them are scams or just stolen information from better guides. In order to truly understand sports betting, you need to start with a very thorough guide that explains everything to you as detailed as possible. My personal favorite is
Best Professional Sports Betting Books
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.
Best Professional Sports Betting Books For Beginners