You even have an advantage over the bookies to help you. That’s the advantage of not having to bet. Bookies are expected to make markets on a whole host of sporting events, and honour those prices if someone tries to bet on them. You don’t have to do that. You can focus on the stuff that you can understand better, that you have good data on, that you have models that provide good odds estimates on. You can sit and wait for the times the bookies get it wrong, because among all the noise they do get it wrong sometimes. You wait, and you wait, and you wait as long as you need to wait. Then you bet. And you do so with the odds in your favour and vig eliminated as much as possible.
When Roma and FC Porto clash at the Olimpico in Rome, it will mark the second time in three seasons that these two football clubs have played. The first meeting took place in the 2016-17 season when both Roma and Porto had to qualify for the Champions' League group stage, thanks to poor seasons the year prior. Porto got the better of the Italian club, and they progressed 4-1 on aggregate over two legs. Read More >>
Sports betting is typically a game of small edges. Sure, occasionally we’ll find situations where we are gaining a large edge on certain sportsbooks, but for the most part, it’s about finding inefficient markets and attacking them. There are going to be nights where bettors have a wealth of plays available at their disposal, but betting games for the sake of simply “getting action” is going to cost players big in the long haul.
On the flip side, I bet sports as basically a second income. I am very thankful to have a job in engineering that affords me the opportunity to bet enough to accomplish this and leaves me a safety net to lose what I put in and be okay. Just an example is for college football season this year (2018), I put in $10,000 for the regular season. I can do what I want within the season with that but will not buy back in. I also will never exceed $10,000 in bets at one time. My account will always be viewed as having $10,000 during this season because I never want to bet more because I have won and have profits. That is a common problem for gamblers and it really is difficult to avoid the thought of well I can make so much more if I bet this much more. It is 100% true that money management is the most important aspect of sports betting. If you can’t do this well, you may get into serious financial trouble at worst, and less important but still relevant, you will not be able to beat the sports books constantly or over time without understanding which bets make sense by realizing how much to bet, which lines to bet and which matchups offer the highest win and payout percentages. Most hobby betters bet based on how much they can win in a bet, a handicapper or shark bets where they are getting the best odds for their money. Maybe they don’t even believe in the team to win, but if the value makes sense, they will wager on it because it makes sense financially. So an example is you have $2000 and want to bet on at most two games. The average person would tend to bet on as many outcomes as possible but in this case would take two teams and we will say standard line of -110. What has happened is that you have really damaged your chance of making a profit on this bet. This is due to beginning each matchup with a basic, implied odds of 52.38% which means you have this % chance to win one game. This comes from the line of -110 (if it was -100 or even odds, you would have a 50% chance to win) which converts to 1.91 decimal odds. You divide 1 (one bet) by the decimal % (1/1.91) and get 52.38%. So on two games, at -110, you will have 13/5 fractional odds (just an example here) to win or 2.6 decimal odds so you should divide 1 by 2.6 which gives you 38.46% implied odds to win both bets. What would the bets pay out? Win one at $1000 with -110 (1.91 decimal odds so 1.91*1000=payout) and you get $909.09 profit from the win and a total back of $1909.09 with your bet amount returned. So maybe you can see why 2 bets wouldn’t be a great investment. If not, here’s why. Say you win just 1 of the two matchups, you get the payout of $1909.09 so you have lost money on your bets for the day. And with only a 38% chance to win (usually will be a little less maybe a little more depending on the odds and line) both bets and taking $1818.18 in profits, you are not going to beat those percentages over time which is the only thing that matters to a professional bettor. Putting all of your money on one outcome offers the best chance to win and the same payout amount so obviously you are getting a better return on your money and will have a better chance to walk away with a profit at season’s end. So this is a very simplistic example and doesn’t take into account lines or the options of taking the points for an underdog with a decent positive moneyline. Just a rule to state here: never bet more than you can afford to lose or care about losing.

(The best value that works out to $99 per month. Save $395 vs going month by month. Save $775 vs going week by week)- With this package you will receive all the soccer picks that your handicapper makes for the entire 365 day year. Every Game of the Year, Game of the Month, and Game of the Week will be yours along with all the standard games. This is one of the best values on the internet and is your complete pass for a successful soccer picks season.
The entity or fund manager can take US investors and can charge fees or commissions for managing the fund. This includes placing the bets and where to allocate the funds for future investments. No investor can make a bet through the fund. It is a private hedge fund for sports betting with a different format than the current sports advisory business of selling picks to subscribers.
In football it's possible for example to bet on who will descend or whether a certain team will finish among the top 3, 4 or 5. Additionally goal scorer bets are very popular: Who will score the most goals in a certain season in the Bundesliga or during the World Cup qualification? Additionally it's possible to place long-term bets according to the so-called over/under principle. Here you tip on, whether a certain number - given by the bookmaker - will be surpassed or not reached. One of many examples would be: Will Barcelona score more/less than 90 goals in the league? In this case we have a 2-way bet. The odds will be much lower in this case as it is usual for this betting form. Another 2-way bet would be a head-to-head bet: Who will be ranked higher in the end? Some betting providers also offer so-called coach bets: Which coach will be hired by a ceratin team? Which coach will lose his job next? Sometimes you can also find championship bets, where a clear favorite - in the case there is one - is more or less excluded. You could for example place a long-term bet on the champion of the German Bundesliga, where FC Bayern is not included. The sense in that: The offer per se and the betting odds get more attractive for betting friends! Football has by far the best portfolio regarding long-term bets, just like with other betting forms. Many of the mentioned alternatives can also be found for other sports though. In the motor sports and winter sports sector head-to-head long-term bets are very popular.
Ideally, the Sports book would like to have the same amount of money wagered on the two teams playing. If the Giants are playing the Colts and they have one player betting on the Giants and one player betting on the Colts they would pay the winner $100 but collect $110 for the loser. This gives them a $10 profit. To accomplish this they assign a line or spread to make the contest equally attractive for both sides.
So this may have been long and a have little bit of unnecessary info, but I know this field and know what I do and make money doing it. I have lost before and my first profitable season came nearly 3 years into my betting “career”. I lost quite a bit those years but kept working and learning more and better techniques which were showing in my increasing winning percentages. I will still lose over certain sport seasons. I take losses in baseball and basketball the most but still have solid win % in both over 5 years. I may be cocky here, but I believe I won’t lose over a season of college football again. It’s my best sport and do study it more than the others. So if you enjoy the rush of seeing your hard work play out over a few hours or quarters, sports in general, the possibility of losing considerable money and the chance of building profits only dreamed of by traditional financial institution and investing; this may be for you.
When it comes to sports betting, you want to have an advantage over other bettors (and of course, over the sportsbook). To get said advantage, you can get an extra edge by using handicapping tools like those offered by a picks service. Picks services are companies that are staffed with handicapping professionals who use their industry know-how to come up with picks complete with analysis and information as to why they've chosen to bet on a particular matchup, player or team. Here, you'll find everything you need to decide if using a pay-for picks service is the right move for you. Plus, we review the top picks services and explore what makes each of them the best at what they do.
The second question is ultimately the most important one though. Really, this is what your decision should come down to. It’s easier to make money right now from betting on sports that you’re already familiar with, but you’ve got to think carefully about whether other sports might offer better opportunities in the long run. It’s probably best to focus on just one or two sports to start with, but you might want to start betting on more once you’re getting consistently good results.

The strategy is about being successful in the long run. The basic mathematical strategy for sportsbook is explained in the following chapter. Besides it is important to set clear rules of betting and keep them under all circumstances. It requires a great deal of discipline, but it will help overcome eventual swings and secure a positive balance in the long-term period. Failure to do so means to go astray and losses will occur sooner or later.


The second question is ultimately the most important one though. Really, this is what your decision should come down to. It’s easier to make money right now from betting on sports that you’re already familiar with, but you’ve got to think carefully about whether other sports might offer better opportunities in the long run. It’s probably best to focus on just one or two sports to start with, but you might want to start betting on more once you’re getting consistently good results.

**This is pretty long and covers your question and betting sports as a full-time endeavor. I bet year-round but don’t know if I would term myself a professional sports bettor and don’t have the bankroll to ever be a “shark” but I know the industry and the sports inside and out and put in considerable amounts towards each season. If you want to see what work goes into this and not just a numbers explanation (means nothing to someone who isn’t betting full-time and isn’t useful for someone who is because they already know) read it and let me know if you have any questions.**
Unfortunately, there is no simple right or wrong answer to that complicated question. But, any professional handicapper that claims to have never seen a loss is full of it. However, there are reputable picks services out there that provide analysis on top of their predictions. Buying picks is different for every bettor and their own personal situation. Below we’ll explore why that is and if paying for picks is worth it.
The Buckeye State has a total of 11 land-based and racetrack casinos. One of its lawmakers, Sen. Bill Coley, notably advocated for interstate sports betting compacts that would include data sharing between jurisdictions at a U.S. Sports Betting Policy Summit in Washington, D.C. in November. That concept is deemed too ambitious by many at the moment, especially given recent rumblings about a forthcoming revised legal opinion on the reach of the Wire Act.
There is a poker game you compete with machine called video poker. It could be a part of casino games though, interestingly just a handful of video poker that is Full Pay Deuce Wild Poker gives Player Edge 0.77%. Means you have the edge and you will make 0.77% profit average in long-term, the Positive EV. When you talk about the Poker Competition, it’s purely Skill based and this is the category where you can create Positive EV as long as you follow the mathematical logic. The below video from splitsuit.poker shows the EV concept application to Poker;

The professionals know how to look for the edge and only need to hit a minimum of 54% to make a modest return on investment. Making a 15% to 25% return for the year is very possible. The good ones are few but the results are quick and opportunities exist everyday when soft betting lines are found and exploited. The betting lines are made to divide the betting public. They ideally want even betting on both sides. Their number does come close about 70% of the time.

Avoid falling into “square” tendencies such as buying favorites down or underdogs up. For example, some bettors always feel the need to buy an NFL favorite of -3.5 down to -2.5. The sportsbooks are smart enough to charge more juice to do this, mathematically making it a bad strategy. The same goes with buying an NFL underdog from +2.5 to +3.5 for example. In 99% of cases I would advise against it. Check out the video I made below about buying points on NFL underdogs.
In-play betting. In-play betting is a fairly new feature offered by some online sports books that enables bettors to place new bets while a sporting event is in progress. In-play betting first appeared towards the end of the 1990s when some bookmakers would take bets over the telephone whilst a sports event was in progress, and has now evolved into a popular online service in many countries.[1] The introduction of in-play betting has allowed bookmakers to increase the number of markets available to bet on during sports events, and gamblers are able to place bets based on many different types of in-game activity during the matches. For example, in football matches, it is possible to bet in on in-play markets including the match result, half-time score, number of goals scored in the first or second half of the game, the number of yellow cards during the match, and the name of the goal scorers. [1] The availability of a particular sport and in-play markets varies from bookmaker to bookmaker. In-play sports betting has structural characteristics that have changed the mechanics of gambling for sports bettors, as they are now able to place a larger number of bets during a single sports game (as opposed to a single bet on who is going to win). One of the most important differences between being able to place an in-running sports bet opposed to a pre-match bet is that the nature of the market has been turned what was previously a discontinuous form of gambling into a continuous one. The gambling study literature has suggested that in-play sports betting may offer more of a risk to problem gamblers because it allows the option for high-speed continuous betting and requires rapid and impulsive decisions in the absence of time for reflection.[1] There are three different types of in-play sports betting products(cash out, Edit my Acca, and Edit my Bet).
Though soccer is low-scoring, Murphy says there are many ways to bet on it. Even if you don’t know a corner kick from a red card, Murphy says “it’s not hard to learn about the basics of the game and then start to do a little figuring out to what’s important to betting the game. People should not be afraid to try new sports, because there’s a lot on the board.”
Basketball has strong roots on the east coast and the NBA is one of the most popular professional sports leagues in America. All basketball (including college hoops) is second to the NFL in handle in Nevada sports betting. While the two states may not be apples to apples, the potential for basketball betting revenue in New Jersey can’t be overlooked.
"Romo has started two games after making his first 588 career appearances as a reliever. But he was doing so on consecutive days, with the express purpose of clearing the top of the Angels’ lineup before making way for pitchers—normally starters—who would give Tampa Bay more innings. Romo was technically starting, but not in the traditional sense of the term. He was opening—the games, and, perhaps, a futuristic path to ordering a pitching staff" Ray stated.
When a bookie sets odds for games, he will build what bookies call an “over round” into his set of odds. Another slang term used for this formula is “the juice.” For the sake of simplicity, let’s look at a boxing match where both contenders are equally talented, of equal stature, etc. Since they both have an equal chance of winning, a casual bet may be even money. You put $20 on one guy; your friend puts $20 on the other. Whichever fighter wins awards the bettor with the total of $40.
OddsShark’s super computer cares about one thing and one thing only: DATA. Use our computer-generated picks to form the basis of your Premier League wagers and you could find yourself winning big. We’ll make sure you have info on how you can cover the spread for every fixture and make smart bets. Look out for our free picks so that your money goes a long way. You don’t want to lose it all by making a disastrous wager on Wolves over Tottenham.
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