Part 7: Think Like a Sharp
Posted by BTB Team in How to Become a Sports Bettor Series on Apr 22nd, 2012
How to Become a Winning Sports Bettor
Part 7: Think Like a Sharp
1) Don’t worry if your bet is sharp – Quit worrying about the sharp side of a game and/or fading the public. There is not a sharp/square side to every single game, nor should it really matter what side they are on (the sharp number could easily be gone). A lot of times the sharp side is the public side, but the sharps may have just gotten the number ahead of the majority of the public. Instead try to make solid bets over and over again, and focus on knowing as much as you can about the teams who are playing the game.
Part 6: Understanding Line Movements
Posted by BTB Team in How to Become a Sports Bettor Series on Apr 14th, 2012
How to Become a Winning Sports Bettor
Part 6: Understanding Line Movements
The next step is understanding how lines are set and why they move. Lines are nothing but different prices in a stock market that we call sports betting. If you can get a line at -2.5 instead of -3 while laying the same amount, then you are getting a better deal in our market. If you keep getting these better prices, then that will lead to more extracted value at the end of each year. Getting value is the name of the game. If two teams are evenly matched in every facet of the game, but because of some external factors (excessive media attention, star players being profiled on Sports Center, etc.) one team is favored by 6 points then you are getting value by going against them in this particular game. Public perception creates media frenzy around a team; the frenzy inspires your average Joe to place a wager online; and the line adjusts to the influx of money coming in on that team.
Part 4: Dealing with Losses and Tailing Bettors
Posted by BTB Team in How to Become a Sports Bettor Series on Mar 22nd, 2012
How to Become a Winning Sports Bettor
Part 4: Dealing with Losses and Tailing Bettors
Dealing with Losses
Learning how to deal with losing is the single-most important factor in deciding whether you make money or lose money when betting sports. Staying focused on the next game (instead of the last game) and not worrying about a bad day (or even a bad week) is what separates 55% bettors without discipline who lose and 58% bettors with discipline who win every single year. Some gamblers who lose one big game hate losing so bad that it pisses them off, and they end up doubling down or betting 2 or 3 games without much time to study and cap the games like they should. Keeping your cool will save you more money than anything else you can do while betting; inversely, losing your head while betting will lose you a whole bunch of money in the long- or short-term. You have to stay driven, level-headed, and mechanical (think Kobe Bryant in the 4th quarter of a playoff game) before and after you place your bets. No matter if I am 2-8 over my last 10 or 8-2 over my last 10, I still place my bets the exact same way.
Part 3: Money Management in Sports Betting
Posted by BTB Team in How to Become a Sports Bettor Series on Mar 11th, 2012
How to Become a Winning Sports Bettor
Part 3: Money Management in Sports Betting
Managing your money when betting sports is a lot easier said than done. Even the most experienced gamblers I know still remember that dreaded day they first went broke. Usually it started with a few bad breaks at the end of a Saturday morning session and ended with all their money on a big game (because they couldn’t keep losing all day). I know guys who hit 60% of their games that have ran into 0-15 streaks more than a handful of times. It happens. Just as we seem to get all of the breaks when we are on a roll, the ball tends to bounce the wrong way during the losing streaks
Part 2: Get Set-up with Many Online Books and Other Services
Posted by BTB Team in How to Become a Sports Bettor Series on Mar 10th, 2012
How to Become a Winning Sports Bettor
Part 2: Get Set-up with Many Online Books and Other Services
Hopefully you are starting to understand that you have to have a good bit of money to really get started betting. I would say a $500 minimum will be what it takes to get things going, be able to manage your bankroll correctly, and be able to shop for the best numbers. I did the $50 experiment just to teach people the things I am going to show you in these following lessons. More importantly, you can win by sports betting. It just takes dedication, focus, and a relentless effort to win and make money.
