From the category archives:

Sports Betting Strategy

Sports Betting Strategy: Adding 2 to 4 Percent to Your Winning Percentage

by richallen

Did you know there is a simple sports betting strategy step you can take to add from anywhere between 2-4% to your overall winning percentage?  As I’ve mentioned before, you need to hit 52.7% of your straight bets to make even the smallest profit when betting so adding this type of value could make the [...]

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Sports Betting Strategy: Betting Against The Public

by richallen

 
I’ve had countless people come up to me and ask, “Rich, with your vast experience in the sports betting world and your time spent working for a sportsbook, do you have any other tips or insider information that would help out a sports bettor like me?”
You see the thing is, I’ve come up with the [...]

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Sports Betting Strategy: What’s The Real Number?

by richallen

People tend to ask me all the time, what do you consider the ‘real’ number on a particular game? Is it the opening line? The closing line? Well my answer to them is … neither.
I worked at an offshore sportsbook for 8 years and sometimes that opener can [...]

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Sports Betting Strategy: Jeff Sagarin – Winning Sports Bets With Math

by richallen

Jeff Sagarin is one of the most respected mathematicians out there and worth mention. Sagarin is an MIT Math grad living in Bloomington IN and since 1985 he has been giving his team ratings to the USA Today for NBA Basketball, NFL Football, NCAA Football and NCAA Basketball.  He really doesn’t make picks per say. His [...]

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Sports Betting Strategy: A Very Profitable Sports Betting Tip

by richallen

The true road to success lies in one thing: the numbers.  That’s why my sports betting strategy system is based entirely on numbers.  No emotions, no half-cocked ideas, no gimmicks. Looking at the NFL though, studies show there is another statistical bias that can be taken advantage of and it occurs later on in the NFL [...]

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Sports Betting Strategy: Key Numbers to Consider

by richallen

When wagering on football, psychology is a factor most bettors ignore.  What I mean when I say this is you have to take into account the psychology of certain point spreads and why bookmakers will set a game at a certain number.  AND you have to think about the hesitation sportsbooks have when thinking about [...]

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Sports Betting Strategy: Line Shopping

by richallen

A common mistake for bettors is only utilizing 1 Sportsbook when making their selections. I have explained in depth that to beat the sports book’s advantage – 52.4% in classic betting (bet $110 to win $100) and 51.2% with a reduced juice line (bet $105 to win $100), we need to scratch and claw for [...]

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Sports Betting Strategy: Efficiency in Betting Part 2

by richallen

In examining efficiency, Nobel Prize winning Economist and best selling author, Steven Levitt examined more than 20,000 wagers on NFL games, the most popular of any American sport in terms of betting volume and viewership.  His findings were somewhat surprising.  In a theoretical world, casinos would try to set spreads so that 50% of bets [...]

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Sports Betting Strategy: Efficiency in Betting Part 1

by richallen

Are betting markets perfectly efficient?  Bettors better hope not, because if markets are perfectly efficient, there will be no chance to make a profit for the average person.  Efficiency means that a market works so that transactions are fair.  If a given sports betting strategy outperforms the larger market consistently, then a situation for risk [...]

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Sports Betting Strategy: Homefield advantage in MLB

by richallen

Getting to Major League Baseball, it is a slightly different kind of game than the NBA and NFL so we must approach the way we look at the sport in a different way. There is a lot of down time in baseball. Not that this means the players are any less intense than in the [...]

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