my sports betting guide

Right so today we are going to look at the ins and outs of being a professional gambler. We are going to look at whether it really is possible for anyone to truly earn a decent living just gambling and then we take a look at how you can make this happen.

The first lesson in becoming a professional gambler is to keep out of the casinos. Unless you are a world class card counter or a pro poker player the casino has nothing to offer you other than a life of failure, sure you may enjoy it while it lasts but you will crash and burn if you think playing casino games is a long term money spinner. Even if you are a world class card counter that life is dangerous as one false move and you will be blacklisted for life from every major casino.

So why do we go with the sports? Because with sports betting people set the lines. In a casino the odds of everything happening is set by probability, with sports betting there is a grey area. One man could think that a certain horse is 100/1 while others think it is 50/1 is a basic example. But where these anomolies exist there is the opportunity for profit.

But aren’t the sportsbook or bookmakers really smart at what they do so they wont be wrong? While the bookmakers are smart at what they do they are not exactly setting the odds on any game properly. What sportsbooks do is set the odds at such a level to maximise profit based on what they think the public will do. It’s that line that is crucial ‘based on what they think the public will do’ because the public are generally stupid and have no idea about the real odds of teams.

This is where the professional gambler comes in. What any professional gambler does (in his own particular way) is study all of the form and know all of the stats and sets his own odds in his head and then when the sportsbook makes their odds he sees if there is profit to be made. For example a horse racing pro thinks a certain horses odds are 6/1 to win the race, but when the bookies make their odds available the horse is available to back at 10/1.

This is a position professional gamblers find themselves in all the time. Now all this gambler needs to do is steam in with a bet and in the long run he is guaranteed to profit given that his assessment was correct.

Betting on sports has always been a fun way to make money out of your favorite game. Even if you don’t play the game, sports betting can double the fun and excitement of the game as you will feel the thrills of knowing the winner and getting your payout.

If you are new to sports betting, you can always get yourself a good guide on sports betting basics to help you get started. It may be a little complicated to start with, but learning the basics can help you in familiarizing sports betting and making a strategy that will allow you to make money in sports.

One of the popular sports when it comes to betting is horse racing. In fact, this is one of the main sports that people bet to make money from. Horseracing has been an existing sports that has been enjoyed for years, and betting on horse racing has been one of the popular sports that people put their bets in the hope of winning more.

If you are a risk taker and you want to venture into betting, here are some sports betting basics that you might find useful in your moneymaking venture.

Learning the Types of Bets

Sports betting is risky because you can ever be sure about your bets. Of course, there are analysis and techniques to help you make the winning prediction but you can never be a hundred percent sure about your investment. One of the sports betting basics that you have to consider is to learn the types of bets that you can choose from. They usually range from simple bets such as the Win, Place or Show and. Simple bets usually involve betting on the horse that you predict to win the race or placing your bets on the horse that will finish in the exact order that you predict.

Other considerations

Aside from your wide decision on choosing your type of bet, you have consider of course, the performance of your chosen horse. You have to choose the horse that has the greatest potential of winning. It is important to consider the past performance of the horse – its recent races and wins, as well as its past injuries.

It is also important to consider the condition of the track as well as the track record of the horse rider. If you are betting online for the horse race, you may not be able to see the actual track condition but you have to keep in mind that it is important to take note in your betting.

It is also important to have a system in horse race betting. This tends to be addicting in the long run and you have to be sure that you have total control of yourself when it comes to gambling. If you get stuck in this addiction, it may become a little difficult for you to get out, so make sure that you have total control of this pastime.

Always remember not to gamble more than what you can afford. This is important to keep in mind so you won’t be losing everything to horse race betting.

There are many techniques when it comes to betting on soccer but one that has a very high success rate is the 1.01 bet. This is a technique which was introduced courtesy of the betting exchanges. The opportunity arises when the odds of the team or outcome you are betting on shorten to the lowest possible increment. In simple terms for every £100 stake, you would win £1 in return. This is not a great money maker in the majority of people’s eyes but it certainly delivers an immaculate strike rate.

For those enthusiasts who frequent the in-play sports betting markets, the 1.01 bet can be as close to a sure fire win as you are ever likely to get in this business. It is an excellent tip but because the winnings are very small compared to the stake. For this reason most individuals will not consider using this method. Instead people often make the classic mistake of wanting to win big with a small stake. Ironically the reverse of this tactic is more likely to yield results. Winning small amounts with a large stake is highly profitable but requires patience.

Risking a £10 stake to win only £0.10 is not going to get anyone excited. But if you have enough funds available this technique is almost guaranteed to win you substantial amounts of money on a regular basis. If you use a stake of £500 then a return of £5, sounds much better. This is still a large amount of money to risk for a small potential profit. If this method is used throughout the entire season on a number of matches, it can return an impressive overall profit.

If you look at the match odds graph for a team or outcome that is looking like the most likely winner examine the amounts that are traded and in most cases, you will see tens of thousands of pounds have been matched around 1.02 and 1.01. When the market gets to this stage you must be very quick to capitalise on these prices. Most people use betting software which has a one click capability. This allows your 1.01 bet to be matched just before the price is withdrawn.

If you are looking for in-play sports betting tips then this is one method that should deliver a consistent return. The 1.01 bet has been quietly making money for people with patience and discipline for some time. Because the majority shy away from this method, it will remain popular with a minority of astute bettors for years to come.

As you read this millions of dollars are stake on global scale. People are betting on the outcomes of various sporting events like soccer, hockey, basketball, etc with the hope of winning, improving their financial condition. This is a normal human desire. But the question is, are the betters improving their financial conditions? Available evidence suggest that a vast majority of the betting public are on the losing end and the book making industry continues to expand. What are the reasons for this state of affairs? The main reason for this state of affairs is the forecasting methods of the betting public and a lack of well-defined betting strategy. Lets take a look at this factors one after the other.

Forecasting methods like form analysis, head to head meets and the like lack underling scientific underpinnings and as such cannot produce reliable predictions. Their so called short term advantage are erased by their long term disadvantages. It is not surprising to note that this method is openly publicized by some bookmakers. Come to think of it. No bookmaker in his right senses would publicize a real forecasting method that works. I think this is simple logic. Nobody works against himself.

A second problem facing the typical better as we have hinted above is a lack of well defined betting strategy. The typical better thinks to earn money from sports betting means to bet every day and to bet on every possible event. This is a strategy that is not working and cannot work. Making money betting is a function of prediction accuracy, choice of sporting events and more importantly the knowledge of prediction. The typical better has no clearly defined forecasting technique and as such there arises the problem of betting strategy. In most cases the average better is only hoping to win. This points outs his helplessness and a lack of accurate scientific knowledge. The purpose of this article is to set the better in the right position, arm him with the right information. The aim is to get him winning without losing touch of the betting realities.

From years of research on this topic a lot of bitter truths have become evident. One of these is that a vast majority of sporting events are unfortunately unpredictable. The percentage of predictable events is within the range of between the rate of 20 -30%.

A second truth is that 80% of the predictable events have odds of between 1.3 and 1.7. This is meant as a general guide

The first problem is the prediction methods. A vast majority of the forecasting methods have no underlying scientific basis. A 50-50 sort of thing. That is why what the better may win in the short run is eventually lost in the long run. This is indeed a sorry state of affairs and the better have come to believe that it can’t get better. But that’s not true. Years of my research in soccer forecasting led to the discovery of the fundamental laws of league soccer which permits a reliable and accurate forecasts of soccer and other sporting events. The truth is that the outcome of soccer and other sport matches can be predicted scientifically. One can earn money from betting but it cannot and should not replace your regular job. There is a reason for this. The reason is that those matches which can be predicted with a high degree of accuracy don’t come up every now and then and the odds for such events are generally not high. Using a scientifically founded method like the one expounded in my above-mentioned books the better will be able to recognize such events and make money on such events he should be able to make money. The practice of daily betting is doomed to fail this can be scientifically proven. In any league system from time to time there is a turn up of predictable events.