Finding Value in Sports Betting
What Makes Experts the Best Around?
View at Sport Betting as an Investment
Do you need to know stats to do well in sports betting?
One of the questions that I always get asked about betting on sports has to do with whether one needs to know statistics to win money. It is a fair question, to be sure, because many within the sports betting world like to talk about statistics and their important. The answer is not a concrete one. You can win at sports without using statistics. It makes sense to add stats to your betting approach in sports if you want to have long-term success, though.
The thing about sports betting is that the best bettors can approach games from many different angles. They can look at games from the psychological perspective and they can look at games from a matchups perspective. The more angles you have on a game, the better off you are in the sport betting world. It doesn’t take long to look at a few really good stats that can paint a picture of what the game is likely to be like. Do this and you can give yourself an almost immediate edge.
The value of value in sports betting
One of the most important things that you can remember in sports betting is that value is the most important thing going. If you want to be a sharp sports bettor, then you need to recognize value in every play. You might find value in props, in money line bets, or in some other type of bet. No matter what type of bet you make your own, it is important that you are looking at long term value when making that bet.
Most people talk about value in sports betting, but how many people truly know what it is? That is something that most people miss when they discuss betting principles. You have found value when you’ve found a pick that will win money over the course of time. If you made that pick 1,000 times, would you make money or lose money? That is what you have to ask yourself before making every bet. You can live with your sports betting approach even if your pick loses, so long as you have found long-term value.
The sports betting gods: What makes them good?
It is a reasonable question and one that demands an answer. These guys who call themselves experts. What exactly makes them the best in the game? Sports betting is tough, so people who can consistently win are in vogue. What makes these guys the best around? Mostly it is their patience. The difference between good bettors and great bettors is understanding that tomorrow is another day. There are always opportunities to make bets, so there is no need to make silly bets just for the sake of action.
In addition to that, sports betting “gods” are those people who can balance many different angles at once. Maybe they look hard at injuries and weather. Maybe they know umpires. Maybe they use stats in their handicapping. The best guys look at all of these things and they can mesh together the factors to provide a nice, clean look at what should happen out on the field or court. If you can get to the point where you are doing this in your sports betting, then you have a legitimate chance at success.
Looking at sports betting as an investment
If you want to be a successful sports bettor, then the first change you make needs to be one of mindset. The best in the business are those guys who view sports betting for what it is. They view it as an investment. They look at the teams as commodities to be traded. The real key is that they understand the value of incremental growth. They recognize that 8% is a great return on investment in the real world, so they don’t get greedy and try to strike it rich with their sports betting.
These are guys who don’t bet parlays and guys who don’t try to bet every dollar in their account. They recognize that if you make a little bit of money every day, you will have a lot of money at the end of the year. If you want to be good at sports betting, then you have to take to these philosophies at least a bit. You have to look at your sports betting career as something that you can use to make incremental gains rather than trying to use it to strike things rich right away.
Can sports betting be beaten?
Before you start betting on sports, it pays to recognize whether or not sports can be beaten in the first place. The game is hard and your money is harder to come by. Why would you want to throw it away if you can’t beat sports betting? The answer is that you shouldn’t ever want to throw it away. Fortunately for you, this is not a choice that you will have to make. You can beat sports betting if you know what you are doing and if you stay patient.
The people who beat sports betting usually have a narrow focus. They are “baseball guys” or “college basketball guys”. They don’t try to bet on everything because that is a tough way to make it. If you want to fall in this group, then you, too, will need to focus your betting. Making it in sports betting will never be easy by traditional standards, but you can make it much easier by learning a game and sticking with it. That way, you can be an expert and find value all over the place.