Month: January 2015

Simple answer will be –YES! You can make money through online sports betting, in fact there are people who even make a living through online betting, but don’t think it’s gonna be easy to achieve. If you plan to make a living out of it like any other day to day job it takes dedication, patience and nerves of steel… specially in sports betting. You have to be prepared to learn and put in lots of hours to go through the basics before actually placing a bet and then let go of your emotions, because LOSING is part of your success so get used to it. Do you know why sport books  always have the last laugh? It’s because of you. Gamblers don’t want to be patient, they want instant results and when they do get lucky once in a while they immediately look for new ways to give the money they won back to the sportbook. It’s a well known fact that most online bettors have zero understanding of what they are doing and they are placing bets based on their own love for a team or because the some dude on youtube thought it was a good bet! You want to know what rate of success professional bettor have? Over 60% success rate? Surprise, surprise… A sport´s bettor success rate is around 53%-54% Surprised? Yup, it’s hard to...

This is a point by point list of useful tips that can turn you from a rookie bettor to a professional bettor. 1. Love Your Money!!! Betting Bankroll Management This is the one thing that most betting pundits will tell you as the key to have good online sports betting career – Love your money, take good care of it. If you are planning to start you’re online betting career with your last 100€ Euros it probably won’t be a good idea. 1. Bet according to what you have, in other words never bet more than 5% to 10% of your bankroll especially if you are a rookie. Rookies should bet something between 3% and 5%, and doubtful bets should only be around 1%. When you do manage to win a bet then withdraw the winnings and continue on with your initial investment. You bookies make a living because in the long run most bettors end on the losing side, so withdraw your winnings and continue from there. Set a rule, cash-in 50% of winnings and invest the other 50%. 2. If you manage to get on a winning streak always remember you could lose everything you made till now with the very next bet, In other words never be Over- Confident. 3. If you are on a losing streak never bet on high stakes with the hope of recovering everything you...

By now you might know what an odd is and how many types there are, but do you know who sets these odds and how they are calculated? No need to Google for the answer, It might be complex at first but the process is more simple that you might think, so simply you as a bettor should be doing it yourself. The various odds you see for the various matches are set by a person known as an Oddsmaker. What does a football oddsmaker do? An Oddsmaker is someone who studies the games, teams and to some extent the players to set the lines accordingly. Bookies and Oddmakers are not the same people. The job of a bookie is to adjust the line set by the Oddsmaker to make the bet equal on both sides of the money line, point spread and other sorts of betting odds till the bet is closed. How oddsmakers set the odds For an Oddsmaker to set the odds he goes through a complex process of evaluating numerous variables, some of these variables are: 1. The team’s performance in the past and present season • For example Liverpool, in the 2012-2013 season the team had a bad first half of the season and then recovered strongly in the second half of the season. • By season 2013-2014 they kept improving but in the...

It depends on who you consider as a professional bettor. Most bettors who have been in the betting scene for years still don’t have a clue on what they are doing. Being a professional bettor takes a lot of hard work. A pro bettor goes through lots of data available to him before deciding on whether the bet before him is the best offer out there or not. There is a common perception that any bettor who has a win percentage of 60% or more can be termed as a professional. But in truth, a high win percentage doesn’t mean that the person is making a profit. Let’s look at it through the use of an example: Consider two bettors A and B. A is relatively new to the betting scene so he decides to place only 5 bets on the first day. In all five of them he bets 110€ with the hope of getting a winning return of 100€. (If he wins then total = 210€ per bet). He manages to win 3 out of those 5 bets so a win percentage of 60% In total he gets 300€ as return, and 220€ gets noted as a loss. That is a net profit of 80€. Now let’s look at B. B has been in the betting seen for decades now, so decides to mock bettor A and...