Placing a sportsbet is a game of skill. The challenge is to gather and analyze as much information as you can about a game, weigh the probabilities of each team winning, and subsequently compare your opinion to the oddsmaker's.
While luck may be a deciding factor in the outcome of any single game, and will inevitably go against the bettor on occasion, it will balance out in the long run.
Being a consistent winner in sports betting is not about luck but whether the bettor is prepared to invest the time and effort to become knowledgeable about the sports he bets on, whether he can weigh all the factors in a cool, objective fashion, and whether he adopts a consistent, disciplined, long-term approach to betting.
The bookmaker is simply a middle-man who operates on a small profit margin and, ideally likes to see half the money wagered on one team and half on the other, assuring a profit.
If too much of the money goes on one team, the bookmaker will move the line or point spread to encourage bets on the other team in an effort to balance his book. The person the bettor is attempting to beat is the oddsmaker, and the oddsmaker's views on each team's chances.
Just by flipping a coin, bettors will be right 50% of the time. At odds of 10/11, only 52.4% of the bettor's bets have to win for him to overcome the bookmaker's profit and break even, so he only needs a very small edge to become a winner.
So bettors must do their homework and bet selectively. 55% winning bets is definitely achievable and 60-65% is a realistic target. At those levels, the sports bettor will have an extremely profitable and enjoyable hobby.
April 19, 2018
On Thursday, the San Antonio Spurs will host Game 3 of their 1st round playoff series against the Golden State Warriors. Game time is set 9:30PM ET and will be played at AT&T Center in San Antonio, Texas. read more »
April 12, 2018
The 2018 NBA Season formally ends Wednesday, April 12. Each conference has determined its playoff bound teams as well as their match-ups. On Saturday, the 1st round of the NBA playoffs will begin with four intriguing matches. read more »
April 05, 2018
Beginning April 5, the August National Golf Club in Augusta, Georgia will host the 1st PGA Tour major tournament of the season, The Masters. The 4-day tournament will end on April 8, with a new champion or defending champion Sergio Garcia will emerged as a two-time champion. read more »
March 27, 2018
On Saturday, the last four teams will collide at the Alamodome in San Antonio, Texas for the last two spots in the Men's Division I National Championship game on April 2. After two weeks of basketball tournament competition, 11th Loyola-Chicago, 3rd Michigan and number 1s Villanova and Kansas have qualified for the Final Four. read more »
March 22, 2018
On Thursday, the Staples Center in Los Angeles, California will host the South Region's Sweet 16 match between 9th seed Florida State and 4th seed Gonzaga. Game time is set 10PM ET. read more »