lose at sports betting

Why most football and sports bettors lose?

lose at sports bettingThere’s a difference between gambling and investing, both in the equity markets and in the sports markets (just look at the sports investing performance of some of the expert handicappers and the intelligent tips model). Though you don’t have to look to far to see people throwing money down on a hot penny stock tip, or worse yet, the Facebook IPO (which was manipulated by corporate and investment banker hype). Similar in the sports market, most sports bettors throw money down to either to make more money, or for the simple sheer excitement and high, like a drug some may say. And over time, it becomes a weekly ritual to bet on the weekend NFL games, or others sports throughout the year.

Having spent some time on the inside of the online sports gambling world with two major brands, both in sports, poker and casino, their was always the inside joke about about how to make losing money fun. The same applied to the sportsbook and it was widely known on the inside that ‘over time’ most sports bettors are going to lose money. Even if you won, the sportsbooks would be watching your account, offering reload bonuses in the book, or cross channel you into the poker or casino. Whatever it took to get you coming back to bet on another game, or play in another product channel, because we all knew that over time, you would lose.

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how to tease a bet

What is a teaser bet, and how to handicap

how to tease a betEvery season – NFL, MLB, MBA, etc. online sports books have seen a growing trend towards sports bettors taking teaser bets.

Teaser bets have become a popular sports betting strategy that teaser bets can influence the oddsmakers to move lines. Expert handicappers, punters and investors can move a line in their favor after a key volume of teasers are placed pairing two or more teams together.

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2012 NFL Preseason Schedule

The 2012 NFL preseason schedule kicks off on Sunday, August 5th, with the classic NFL Hall of Fame game, and the inaugural kick off the 2012 NFL football season and tail get parties.

Among such NFL bettors and investors alike scramble to get their bankrolls in place for another seasons of big wins, and losses.  While most recreational football bettors are ecstatic to begin throwing down the benjamins on the pre-season games, the experienced bettor and investor understands how timing plays a strong role to starting the season off profitable. Because the statistics aren’t in, teams figuring out their synergy, adjusting to new coaches, starting rookies, and new QB’s, it can be an unpredictable time of year when investing in the NFL preseason – sometimes. For more, read our post why not to bet or invest on the NFL preseason…sometimes…as there are still investment opportunities to be had if you can spot them.

Schedule & Highlights to watch for in the preseason NFL games: Read more

sports betting money management

6 bankroll management tips for NFL football investing

sports betting money managementAny sports investor, expert nfl handicapper and sharp bettor understand the importance of how bankroll money management plays into having a profitable season. It’s not all about taking your best NFL picks from a solid nfl handicapper and going for the win. Bankroll management is integral when investing on the NFL, and in this post I’ll cover a few money management tips when betting on the NFL for any season.

You can never have enough education on money management and betting or investing on sports. If you can practice good money management skills in sports betting, you will go a long way. Just as you would with a prudent investment strategy into your 401K, RRSPs or the stock market and averaging down on over sold stocks and equities. You may use a money manager or investment advisor for your investment portfolio, and the same for your sports investing, but regardless of both you should still have an understanding of the fundamentals.

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NFL Preseason Betting

Reasons to not bet NFL preseason…sometimes

NFL Preseason BettingNFL preseason finally kicks off the second week of August which for many expert NFL handicappers and sports bettors is their lease favorite time of the NFL betting season. The statistics aren’t in, teams are figuring out how to build synergy and overall it can be an unpredictable time of year when investing in NFL football.

During the NFL preseason teams typically don’t play at full strength, key players hold back and coaches are getting a feel for new strategy. Expert handicappers, sharps, investors and your recreational sports bettor walk into an unpredictable time of year. Seasoned investors and many sharps though also see the investment value to minimize their bankroll investment during the NFL preseason until more ‘stars align’. Look at this similar to a new hot stock on the NASDAQ and its IPO, such as Facebook back in June. There was much hype leading up to their kick off, but the days following it just didn’t perform. Market conditions were the same, investor sentiment loosely changed, but overall like many IPO’s, and like the preseason of almost any sport, it can be quite unpredictable and simple chase the favorites based on the past season.

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Won Teasers

Wong teasers betting strategy

Won TeasersWong teasers. Yes – you read it correctly. Wong teasers. If you’ve been investing in sports for a few years, or a recreational sports bettor, then at some point in time you’ve likely heard the chatter about won teasers.  Wong teasers are another form of teaser investments or bets where the spread moves through the most important key numbers. What are those key numbers? Well lets take two steps back first to understand key numbers in sports betting and what key numbers your expert handicapper or professional sports investor uses in their NFL sport pick results.

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betting against the squares

Handicapper strategy, betting against ‘squares’

betting against the squaresIf you’re new to sports investing or betting on sports, you’re going to hear a strategy approach used by some expert handicappers and experienced sports bettors called ‘betting against squares’. If you haven’t heard of this betting term yet, I suggest you also browse through other common, and some not-so-common, sports investing and betting terminology.

Betting against squares is a handicapping betting strategy where the investor or bettor, wagers against the public consensus or opinion. This is usually referred to as ‘squares’.

While this seems a rather simplistic strategy, there is an important strategic element to this method. While some expert handicappers may produce sports picks based on this method, which can produce some big wins during the season, the sports investors and handicappers who successfully apply the betting against squares strategy apply a methodical statistical analysis on the game match ups.

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NFL score statistics

NFL handicapping tips: Popular NFL statistics for betting on football

NFL score statisticsEvery year when NFL football season arrives, expert NFL handicappers, recreational sports bettors and sharps will begin to review their past NFL performance and prepare their prediction models in making their NFL picks for the season. They’re NFL prediction models will use various statistics and data points in an attempt to get an edge on predicting weekly NFL games and win their NFL picks.

Every nfl handicapper and sports bettor will use different formulas and look at different statistics in their nfl predictions. From the various odds offered by the online sportsbooks, to the bet types (ex. ATS) and the game performance of the favorites and underdogs, to player and team statistics. While there is no one perfect nfl prediction model, unless proven performance over time, the prediction model needs to win at specific percentage or greater, and diligent bankroll management. Read more

Sports investing and bankroll management

10% of sports bettors follow these bankroll management tips

Investors across the board, whether your an investor in market equities, or sports investor specific sports, both have common fundamental investment philosophies that apply.

Some of the most important factors and best tips to becoming a profitable investor  include:

  • Don’t let emotions dictate investment decisions.
  • Fundamental data analysis and research will show you the value who to invest in, and who to avoid, and at the very lease, give you an edge.
  • A lot of information is intangible and cannot be measured (ex. teams motivation and drive on game day). The quantifiable aspects of a company or team, such as profits and wins are easy enough to find and quantify, but always work into your formula considerations on qualitative factors, such as new coach, new quarterback, weather conditions, team emotions on game day, etc.  Use a combination of tangible and intangible aspects when making your investment picks.
  • Money management or bankroll management

The latter, bankroll management, is one of the most common areas sports bettors and punters ignore, yet its one of the most integral sports investing areas that makes the difference between a bettor and a profitable sports investors.

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Getting the edge in sports betting

Find the edge used by successful sports investors

Getting the edge in sports bettingThere are recreational sports bettors who both win and lose and put bragging rights behind it, and those quite types you see make betting on sports a professional and doing extremely well. There are a number of factors that makes the difference between a recreational sports bettor and sports investor, but the biggest one thing you find with successful sports investors is that they seem to find the edge on the games.

Blackjack players usually stick to the motto ‘the less you bet, the more you lose when you win’; betting $100 hand when their bankroll is only has $400. Although amateur bettors take to the casinos with this habit, every gambler will find something serious to explore related to this concept.

If you want to make the most, you’ll have to recognize the chance when this principle can benefit. Usually, you will find the opportunity in every kind of betting, where taking the full advantage from an opportunity pushes you to play such heavy hands.

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