With the background knowledge provided in my blog, I can now offer you my Sports Betting Systems Formula. Use it wisely; it has made me a lot of money over the long term:
1. Have a proven formula for picking games.
I believe there are many profitable sports betting systems out there, the key is picking one that works and sticking with it. Myself and thousands of people have used my systems to win money consistently and I am the only handicapper I know of who is so confident in his picks that I let clients try my picks for $5 for 30 days. Whether you use my system or you use someone else’s, make sure you pick one that works and stick with it, no changing ships in the middle of your journey. Any handicapper can go on a bad streak, and if your handicapper does, have the patience to let him right the ship.
2. Lean toward underdogs
Realizing that the public is mostly made up of frontrunners, who like to bet on the favorite on almost any occasion, we can approach being able to win money simply by betting on underdogs. Look at a system that segments underdogs and looks for pockets of underdogs that are profitable. This has been my key to killing bookies.
3. Bet with reduced juice
Betting with reduced juice means searching out the best odds offered. All of the top gamblers I studied are fanatical about getting reduced juice when they can, keep this in mind when researching other sports betting systems out there. There are casinos offering 5 cent lines and as we established in the text, there is world of difference between winning 51.22% of the time (breakeven at 5 cent juice) and breaking even at 52.37% of the time (breakeven at the traditional 10 cent juice). Betting with reduced juice means staying away from the exotic bets like parlays, teasers and reverses.
4. Shop for the best lines
In my research of other sports betting systems and professional gamblers, most of the profits lie in getting reduced juice and the best possible lines. They have accounts at lots of sportsbooks and when one line is better than another, they pounce. Remember their hurdle rate is 52.38% with 10 cent juice and 51.22% with 5 cent juice. Since a half point is worth 2-4% in the NFL and 4.5% in the NBA, picking up a half point or more tilts the advantage to the bettor, and if he consistently makes bets when the odds are in his favor, he will consistently win money over the long term. I can’t overstate the importance of being a price discerning bettor
5. Have a smart bankroll system
The most important part of betting with a smart bankroll system is to not bet too much on any one game. If you have $500 to bet with, don’t wager $100, on your first game. If you go on a bad run at the beginning, you will lose all of your money. There are lots of money management systems out there like the Kelly Criterion and the Martingale and just as in picking a betting system to work with, the important factor is that you pick a system and stick with it.
Rinse and Repeat
This instruction is a play on the words written on any shampoo bottle. Once you have a system that works, the key is to use it over a large number of games. If your handicapper goes 3-7 over his first 10 games, that really isn’t a big deal. The sample is way too small to judge him. If he goes 300-700 that is a problem, but make sure you give your handicapper enough time.
The key to winning money long term as a sports bettor is discipline. To keep things in perspective, the public will bet on the favorite no matter what the odds, hence the casino tilts the lines so underdogs win more often than not. You only need to win 51.22% of the time with a 5 cent reduced juice line to win money as a bettor and you can approach or even surpass that by merely betting underdogs. If you have used sports betting systems for picking segments of underdogs like my Sports Betting Professor system, you can up your win percentage considerably. Couple the smart picking with reduced juice lines, smart line shopping so you get the best odds and a good bankroll management system, can you win money consistently? I have and I think you can too.
