Is sitting at home watching your favorite football, baseball or basketball game a good idea? If it is, you can make money out of it. Everybody likes to have a flutter at the weekend, a chance to have a weekend bet and make some easy money.
When I say easy money, I mean no brainer. Money that you can make without straining your brain and coming up with elaborate systems about teams to bet on. I could have bet on my favorite football team, my dog, my house, the moon, last week’s football results, the score from your local football game, my FitPad exercise video or my hated enemy. I could have bet on them all, I would have been a genius to have bet on every team.
There are folks who make a living off restrictions, you can be one of them. I won’t tell you that it’s easy to make money off restrictions, but it can be done. All you have to do is restrict your losses and win some bets.
Lets take an example of sports betting, for which there are various ways to make money. If you had a system that had a success rate of 40% and you took 2.5% of your bets, you would have a modest income. Now, take somebody who bets on sports and the track record is 90%. His system is good, but it is not going to make a living for anybody.
In the real world, you want your bookie or your go to bettor to win more than he loses. The system you choose is going to set you back more than it makes you. That’s a given. You can’t demand too much in this case, nor should you. If the table limits are set a little high, that is easily compensated for with a few one in millions bets.
But you do not want to be betting one-on-one with your bookie. You want to bet teams in a more competitive environment where the odds are in your favor. The odds are not in the bookie’s favor, you can’t do your research for a couple of hours and expect to win. Most of the time, the bettor knows what he is doing and his picks win more than they lose.
In a dynamic sports betting world, you are at the mercy of everybody else’s picks, not the bookie. Ignore anybody that tries to offer you a free baseball pick, because their ego and or lack of discipline has no place in the betting world. If you are new to sports betting, baseball, basketball or hockey, there is no need to read any advice from the so-called professionals. You need to follow their lead and bet at a sensible money management level.
The reason many sports bettors fail to make money is they bet too often on their Discover the Credit Slots or activate celebrate your birthday, or something similar in the lead up to the big game. These are exotic bets with a low return of investment. It is true that hockey, baseball and football are much more exacting sports than basketball, but the problem is the books have structured the matchups to heavily favor the favorites.
In the NFL, home underdogs are a long term 60% winner over the road favorites in the long haul, but the books make up for this by having to pay out a higher percentage of bets on those games. Once the underdogs win, the books will have to pay you quite a bit of money just to recoup your loss on the original bet. And the more frequently the bettors lose, the less money you make.
The best way to profit from betting is to find a game you like, bet on it fully, and remain patient. Have patience.
If you want to bet the underdog, bet the dog.
If you want to bet the favorite, bet the total.
No idea how many games you should bet on, but the more games you bet the more instances you have of winning.
The best way to profit from betting is to find a game you like, bet on it fully, and remain patient. Have patience.
If you want to bet the underdog, bet the dog.