In this special report we examine if we can Really make a living sports betting with the above 3 sports betting advantage play methods. Although I will briefly talk about why the 3 methods later, if you’re interested in the full rationale behind, please take a look at 3 Advantage Gambling in Sports Betting – Guide For Ordinary People To Beat Bookies;

There are two main reasons why people choose to bet on sports. A lot of people are what are known as recreational bettors, and they bet primarily for fun. They obviously want to win money if they can (who doesn’t?), but that isn’t what really motivates them. They don’t put any real effort into making good betting decisions, and they don’t take things very seriously. Betting is basically just a form of entertainment for them, and they enjoy it because it makes watching their favorite sports that much more exciting. They also enjoy the challenge of putting their sports knowledge to the test.


This is maybe the most important sports betting strategy. You will always want to do your research before placing your bets. Although going with your hunch when betting your favorite sport may work some of the time, in the long run it will not lead to you winning money betting on sports. In order to profit from sports betting you will need to research, study, and do your homework for each pick you make. Look at stats, find trends, create sports betting systems, analyze past games – basically do everything you could possibly do to ensure you have value in your pick before you place your wager.
This actual 1.91 odds is a 52.4% of probability of outcome, therefore you need 52.4% winning rate rather than 50% to achieve break-even. So it’s a betting Magic Number. Bookmaker’s margin unfairly forced you to win 2.4% more rate to achieve equal return (means you win the exact amount of your own stake). Well, from other perspective, you don’t need any unrealistic winning rate like 70% or 80% to be profitable as often advertised by rogue tipsters. You need only 52.4%, and anything over than that is your profit.
The positions of the four major American sports leagues (representing American football, baseball, basketball, and ice hockey) have become more complex since their decision to embrace daily fantasy sports (DFS) in 2014, which are described by those within the industry as "almost identical to a casino" in nature. With the contention by critics that such activities blur the lines between gambling and fantasy sports, the endorsement of all four major sports leagues and many individual franchises provided a marked contrast to their positions on betting.[43]
The third advantage is perhaps not as significant as the previous two, but it’s an advantage nonetheless. When betting on several sports, you ideally need a pretty sizable budget. This is simply because you’re likely to be placing more wagers. You can get away with a much smaller budget when betting on just one sport though. Plus, you can be more aggressive with that budget, as the quality of your wagers will typically be higher. This can potentially increase the rate at which you win money.
Smith’s bill does include a 1 percent integrity fee, although there’s a tweak with that aspect in his legislation as well — 75 percent is paid to registered professional sports leagues, while 25 percent would be paid to the NCAA on wagers that involve major college teams. The bill would include a $10,000 application fee and $5,000 annual renewal fee for “interactive gaming licenses,” aka on-site mobile wagering. Traditional brick-and-mortar licenses would also be subject to a $10,000 application fee.

These recreational bettors account for the majority of people who bet on sports, but there are also plenty of people who bet primarily to make money. This doesn’t mean that they don’t still enjoy themselves, it’s just that their motivations are different. They generally put a lot more thought into the wagers that they make, and dedicate some time to researching and analyzing the various factors that can affect the outcome of games and events.


When it comes to sports betting in the U.S., there’s a lot happening from mid-January through to May. Although many sports bettors feel that after the college football championship game and Super Bowl are over, that they’re simply waiting for NFL and NCAA football to start once again. But the fact is there’s more sports betting opportunities from January through to August than any other time and this is primetime for real cash sports betting.

The National Football League is fully against any sort of legalization of sports betting, strongly protesting it as to not bring corruption into the game. On the other hand, the CEO of the International Cricket Council believe sports betting, in particular in India, should be legalized to curb illegal bookies where match fixing has occurred from nontransparent bookmakers. Many of the illegal proceeds also allegedly go to fund terror, drugs and other illegal activities.[citation needed]
There are 2 types of people who bet sports. Recreational Punter who bet for fun as a hobby with the hope of winning. On the other hand, Non Casual Punter bet seriously for living or at least Not only for fun. I said people who can make a living sports betting is not many.  It’s supposed to be far less than 5% sports bettors who constantly win and they are called Sharp. We don’t know if such 5% successful sports bettors can really make ends meet with just sports betting but at least they don’t lose to the bookies. The rest 95% recreational punters surely loose in the long-run. How do professional gamblers make money in the first place? or What makes the difference between the 2 punters? Yes, “Character”.
Before I delve into rigorous explanations of how a bettor can gain an advantage against the point spread, it is important to understand what the spread actually represents. Point spreads were invented to keep bettors interested in games between teams of different talent levels – if a perennial powerhouse like Alabama plays a mid level team such as South Alabama, you’ll find very few people willing to bet on which team will win the game since Bama would be such a prohibitive favorite. However, most are willing to bet on whether Alabama will ‘cover the point spread’ and win by a certain number of points. If the point spread is 21.5, then the Crimson Tide must win by 22 or more points for their side of the bet to cover, while South Alabama must either win outright or lose by 21 points or less to cover their side. Point spreads are designed so that the probability of each outcome is roughly equal, and are generally set so as to approximate the median score differential between the two teams at the given site of the game.

But you give the Team A far greater winning chances – based on your information, analyses, statistics, observation, skill and other factors that form your opinion – say 60% (or 0.6). The fair odds for the victory of the Team A based on your assumption would be 100% / 60% (or equally 1 / 0.60) = 1.67. The sports betting company thus offers the odds, which are higher (1.8) than the minimum odds (1.67), which would be yet acceptable for you (i.e. the fair odds). Therefore it is advantageous for you to make the bet, since your expected return is positive and your edge is exactly 1.8 / 1.67 – 1 = 0.08 = 8%.


Let me put what we have reviewed in this way; The bookmakers have edge of built-in margin but unlike casino where pure mathematics governs, the sports betting is pretty much skill oriented game thus successful Software / Tipsters (Handicappers) / Systems turn their edge into ours. They can identify a True Value Bet in the form of UNDER-ROUND in the selected sports category where they have absolute skill edge. These will result in Positive EV (Expected Value) that’s a mathematical formula to allow you achieve average long-term profit. This +EV will be translated into the additional winning rate to 57%. For further details of EV and its rationale, you may want to read the one I introduced at the beginning, especially Value Bet section;

One of the distinct advantages of working with a professional handicapper is convenience. When you want to bet but don’t have time to do the necessary research involved with making an educated wager, a picks service will do the hard work for you. Maybe you’ve gotten so bogged down with other parts of your life that the only sports updates you have time for are the analysis that comes with your purchased picks. In this case, buying picks and information from a trusted professional who has studied all the lines, trends, odds, etc. and makes knowledgeable predictions based on facts – not just gut feelings or based on their favorite team – could be your best option.
At the 2010 PGA Championship with the PGA officials, Johnson was issued a controversial two-stroke penalty on the 18th hole Sunday in what was one of the most bizarre rules gaffes in decades. Johnson was ruled to have grounded his club in a bunker, but it was more like dirt and a waste area that the crowd had been walking on and standing in during the tournament. Needing only a par on the final hole to win, the penalty cost Johnson the golf tournament.
On June 5, 2018, Delaware became the second state after Nevada to implement full-scale sports betting. Sports betting in the state is run by the Delaware Lottery and is available at the state's three casinos. Prior to 2018, the state offered limited sports betting consisting of parlay betting on NFL games. Delaware had been granted a partial exemption from the sports betting ban as it had made a failed attempt at legalized sports betting in 1976.[24][25][26]
If you are looking to actually become a success at sports betting, we absolutely recommend you only start once you have enough of a bankroll to survive some pretty bad variance and enough living money for at least a few months. It’s either this or working another job to pay your daily costs while you build up your betting bankroll, but given how tiresome betting can become, working another job and successfully betting sports may be quite difficult.

As per the introductory text of the proposed legislation, sports betting would have to be approved by voters on a county-by-county basis and there would be a 10 percent tax on sports betting revenue. A total of 40 percent of that allotment would be allocated for general appropriations. Another 30 percent would go toward to “state colleges of applied technologies and community colleges for equipment and capital projects.” Finally, 30 percent would go toward local governments where sports betting is approved and would fund education and infrastructure in those jurisdictions.
Pennsylvania approved a sports betting law in October 2017 and had regulations for sports betting in place in August 2018.[38] The state approved the first sports betting licenses for Hollywood Casino at Penn National Race Course and Parx Casino on October 3, 2018.[39] On November 15, 2018, sports betting began at Hollywood Casino at Penn National Race Course with a two-day test; official sports betting began on November 17, 2018. Hollywood Casino at Penn National Race Course became the first casino in Pennsylvania to offer sports betting.[40][41] Pennsylvania became the seventh state to offer sports betting.
With the popularity of online sportsbooks increasing there is no doubt that the Las Vegas sportsbooks are losing a little bit of business, but they are always going to bring in some great numbers for casinos. I do my sports betting online daily of course, but I love making a trip down to Vegas to bet on some sports and have some fun, and I know a lot of sports bettors are the same.
I don’t believe that the term ‘gambling’ applies to what I do. I sell information to subscribers, with which they can take positive expectation positions in uncertain markets. With correct financial optimization and bankroll management, long term risks are nominal compared to the risks of investing in other, more conventional markets. Just as a single stock may go up or down in a day, any one team may win or lose a given game. But as long as the investor maintains a long-term perspective, understands variance, and doesn’t over-extend themselves or bet more than they can easily handle, risk can be highly mitigated, and they can earn a very attractive risk adjusted return.
Although sports betting has one of the lower win percentages for casinos, it still draws millions in revenue for Vegas casinos year round. The most popular sports betting event in Las Vegas is by far the Super Bowl, which draws thousands of sports bettors each February to bet on the big game. Not far behind the Super Bowl is the March Madness college basketball tournament which also draws some big numbers to Vegas to bet on the event.
When there IS some value in their odds and lines, there are so many other people betting on these sports that it soon disappears. A good price will see lots of money coming in very quickly, and when that happens the bookmakers adjust their odds and lines accordingly. So unless we’re also very quick, we can easily miss out on the best opportunities.
The U.K. is Europe’s largest sports betting market due to early liberalization of online gambling and widespread land-based betting with almost 9,000 retail outlets. More than 56 percent of its 2017 total betting market was generated online. Additionally, 11 percent of U.K. residents claimed to have placed a sports bet at a casino last year; more than 6 percent had done so online.
Whether people can make a living sports betting or not is a long disputed subject, and discussed everywhere like gambling forum or sports betting for a living reddit. There seems to be 2 obvious facts. First fact is that there actually exists people who live off of sports betting / gambling. The 2nd fact is such people is not many. Have you ever watched the movie of professional gamblers stories “The Hustler”? Paul Newman as Fast Eddie Felson plays the lead role. His dream is to prove himself as the best pool player by beating the most renowned player of all times Minnesota Fats.
Before I delve into rigorous explanations of how a bettor can gain an advantage against the point spread, it is important to understand what the spread actually represents. Point spreads were invented to keep bettors interested in games between teams of different talent levels – if a perennial powerhouse like Alabama plays a mid level team such as South Alabama, you’ll find very few people willing to bet on which team will win the game since Bama would be such a prohibitive favorite. However, most are willing to bet on whether Alabama will ‘cover the point spread’ and win by a certain number of points. If the point spread is 21.5, then the Crimson Tide must win by 22 or more points for their side of the bet to cover, while South Alabama must either win outright or lose by 21 points or less to cover their side. Point spreads are designed so that the probability of each outcome is roughly equal, and are generally set so as to approximate the median score differential between the two teams at the given site of the game.
If you bet in a profitable manner and have just a tad bit of luck, it is likely that after a few months’ time you will have built up a very substantial bankroll and probably enough profits to be able to use a decent chunk of them on your own expenses and needs. It is at this point that you can say you have won, when your bankroll is healthy and there is plenty of money left over to withdraw and spend on yourself.
If you are looking to actually become a success at sports betting, we absolutely recommend you only start once you have enough of a bankroll to survive some pretty bad variance and enough living money for at least a few months. It’s either this or working another job to pay your daily costs while you build up your betting bankroll, but given how tiresome betting can become, working another job and successfully betting sports may be quite difficult.
What about financial products which are usually perceived as investment such as Equity (Stock) or Bond (Fixed Income)? Annual Returns on Stock, T.Bonds and T.Bills: 1928 – Current shows S&P 500 (US Stock Index) average is 11.41% while 10 year T-Bond is 5.23%. However, when it comes to the standard deviation (fluctuation of return), off course Stock is much higher. According to CFA Digest, stocks are about 3 times more volatile than bonds on average. Means the certainty of outcome in Positive return of Fixed Income is surely higher than Stock. The below chart is just giving you how the magnitude of the difference of volatility between these 2 assets class are (sourced from Market Realist);
In 1919, the Chicago White Sox faced the Cincinnati Reds in the World Series. This series would go down as one of the biggest sports scandals of all time. As the story goes, professional gambler Joseph Sullivan paid eight members of the White Sox (Oscar Felsch, Arnold Gandil, Shoeless Joe Jackson, Fred McMullin, Charles Risberg, George Weaver, and Claude Williams) around 10,000 dollars each to fix the World Series. All eight players were banned from playing professional baseball for the rest of their lives.[56] Pete Rose, the all-time MLB leader in hits, was similarly banned from baseball in 1989 for betting on games while he was an MLB manager.

It is somewhat irresponsible to pinpoint a moment in the Major League Baseball time-warp to state that the "save" morphed into something static. Rather transformed on a specific date in which one can etch in baseball stone.  But for the purpose of this MLB Futures article we will start years after the term save was used by general managers in the late 1950's. As well a time period after sports columnist Jerome Holtzman was the first to give specific criteria to saves in the early 1960's.

There’s no doubting that PNC Park is one of the most beautiful baseball stadiums in the country. The Pirates have been asking the state for funds to maintain the stadium for the past five to seven years. Despite being a profitable business, it probably makes sense that the state pay for upkeep since the residents of Pennsylvania paid to build the stadium.
The NBA Comp play is to play over the total in the Oklahoma City at Utah game at 9:00 eastern. The Thunder have flown over in 8 of 10 on Mondays ads the last 4 if they have lost 6 or 7 of the last 8 games. The Jazz are 6 of 6 over off a straight up favored loss and 5 of 6 over off a road loss by 10 or more. From the NBA System database we see that rested road dogs  with a 200 or higher total that failed to cover as a road dog and allowed 110 or more points are 17 of 20 Over since 1995 vs a team that failed to cover by 7 or more as a road favorite like Utah. Play this game over the total. On monday the 2019 NBA Total of the year headlines along with a 19-0 Conference tournament System in College hoops.. For the NBA Free pick. Play the Thunder and Jazz over the total. RV- GC Sports.
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It sounds like Lionel Messi could be back, but he's coming off an injury, and Barcelona have a tough matchup, playing at red-hot Inter Milan. Kane scored a goal and took six shots in Tottenham's 2-2 draw at PSV, and also scored a goal and took eight shots in their 3-2 win at Wolves on Saturday. Tottenham dominated the first game against PSV, despite the scoreline, and must win to have any chance of progressing to the knockout rounds.
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