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.
June 14, 2018
The Shinnecock Hills Golf Club in Southampton, NY will host the 2nd major championship of the PGA/European Tour, the 118th US Open. Starting June 14 until June 17, the top 156 golf players all over the world which includes former US Open champions will have their hands full in the 18-hole golf course. read more »
June 08, 2018
On Saturday, the last leg of the 2018 Triple Crown race series, the Belmont Stakes, will be held at Belmont Park in Elmont, New York. The 1.5 mile Grade-I horse race is open to three year thoroughbreds. The Belmont Stakes is the longest among the three Triple Crown races thus is dubbed as "The Test of the Champion" race. read more »
June 01, 2018
On Sunday, the Golden State Warriors will host the Cleveland Cavaliers in Game 2 of the 2018 NBA Finals. Game time is set 8PM ET at the ORACLE Arena in Oakland, CA. Golden State leads the series, 1-0. read more »
May 24, 2018
On Thursday, the Houston Rockets will host Game 5 of the Western Conference Finals against the Golden State Warriors. It is a crucial game for both teams as the winner break the tied series and will inch closer for a spot in the NBA Finals. Game time is set 9PM ET at the Toyota Center in Houston, Texas. read more »
May 17, 2018
On Saturday, the Pimlico Race Course in Baltimore, Maryland will host the 2nd leg of the 2018 Triple Crown, the 143rd Preakness Stakes. This is a Grade 1 stakes race with a purse of $1.5 million for three year old horses. This is the shortest race among the three Triple Crown races and will cover a 1 3/16 miles of the race course. read more »