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Sports Betting Strategy

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 Systems: College Basketball Wagers

by richallen

It is this time of the year when College Basketball truly starts warming up. Conference games are into full swing mode and at this stage is when the top tier teams begin to show they’re superior to the rest of the field. Enough of using the games versus lower competitors that do not even deserve [...]

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Sports Betting Money Management: Parlay Bets

by richallen

Perhaps you like to bet parlays. Or perhaps you have already discovered that it doesn’t make a great deal of sense to try out parlays. In either case, they are an important part of sports betting money management, and this small anecdote ought to assist as some reinforcement.
I have an eighteen year old nephew so [...]

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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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