Teddy Covers

Teddy Covers: Three Things I’ve Learned From Covers (Ted Servansky)

Anyone who follows sports betting knows Ted Servansky, known in the sports betting world as Teddy Covers.

An ESPN (related: ESPN college football betting system) commentator and professional sports bettor, he doesn’t usually “ignite the flames” when one thinks of big time gamblers. What he does do, however, is provide insight into how the industry works and how new sports bettors interested in making the jump to professional betting, or even sports investing, can do so. Among this, he identifies clearly what type of sports bettor he is among the 10 types of sports bettors in the market to watch for. Read more

The Computer Group - How the computer group made millions betting on sports

How the Computer Group Made Millions in the Early 80’s on College Football, And Why That’ll Never Happen Again

Almost anyone who knows about the history of online sports betting knows about the Computer Group, perhaps the most successful computerized sports betting (see video) group in history, whose success led to the arrests of the entire group, including famed sports bettor Billy Walters, after investigations that the group was involved in an illegal bookmaking operation in 1985.

After the indictments of the members, the Computer Group split, and the level of success they reached was never to be repeated. But why? It’s a useful lesson to learn from their own history. Read more

Billy Walters Las Vegas sports gambler

Top advice from the worlds top 4 sports gamblers

Could you imagine bookmakers turning you away because they were afraid of your winning prowess?

Sharps or wiseguys like Billy Walters, Bob Voulgaris, Teddy Covers and R.J. Bell can all answer “yes” to both questions. They’ve each been able to make a full-time living thanks to their winning records.

Betting on sports is both an art and a science. Basic skills matter, but there’s something to be said for instinct. Although these successful gamblers won’t share all of their secrets with the squares and the Joes, they’re willing to part with a few of them. Their insights could change the way you bet on sports. Read more

expert nfl handicappers

Why 90% of sports betting systems don’t work

expert nfl handicappersI’m sure you’ve seen them online, heard through sports betting forums or various other online outlets, those posts or banners flashing the attention grabbing headline of the best betting system, or winning sports betting system, or we win 90% of our sports picks.

The unfortunate case with the handicapper market is that it’s a saturated market of self-proclaimed sports betting professionals claiming to have the latest sports betting system that produces the best winning picks and giving away free picks. The unfortunate, and fortunate case of the sports betting and handicapper industry is that the 80/20 business school rule applies.

The reality is that 80% of the sports betting systems in the market don’t work, or unqualified. I would even go on the line to say it is closer to 90% and the factors that play into their prediction systems or methods are why the majority of NFL bettors lose.

Even so the general line of thinking with the avid sports bettor, investor and sharp, “why would someone sell their winning picks when they could bet on the picks themselves”. It’s a valid comment and applies to most betting systems touted in the market.

But then there is the other 20%, and in the handicapper market our teams years of experience has taught us this more 10%. That is 10% of sports betting systems can work, with a caveat attached. And when the services are used as their recommended, it separates the difference between the sports gambler and sports investor.

Just as in investing in stocks on NASDAQ or Dow, its still a gamble or bet if no advantageous information is received before the stock moves. And even being on the inside, their can be still risk, which a prudent bankroll or money management and strategy (or betting) strategy must be applied.

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