Pro Sports Betting
2021年9月9日Register here: http://gg.gg/vxtvm
Professional Sports Betting If you feel like your life is in dire need of a constant, mentally exhausting challenge, perhaps betting sports professionally will satisfy your needs. First, you need to understand a. Jul 12, 2017 To void betting with money you can’t afford to lose, manage your bankroll like a pro. If you have a budget of $500 for betting through the NFL, make sure you keep each bet pegged at anything. Aug 10, 2018 Pro sports bettors will come up with precise statistics that match the way sophisticated casinos cater to the Vegas gambler. The professional then compares his numbers with the odds the bookmakers offers. Most of the time they just about match up, and sometimes the difference falls outside the range of the spread. This number is simply defined as “vig” or what many in the sports betting industry call vigorish. Another common term is called “juice” and it’s technically the price the bettor has to pay on a straight wager. Bet $110 to win $100 (10% juice) Ex. Bet $100 to win $90.91 (10% juice).
*Pro Sports Betting Tips
*Pro Sports Gambling
If you feel like your life is in dire need of a constant, mentally exhausting challenge, perhaps betting sports professionally will satisfy your needs. First, you need to understand a few numbers. One, the top sports bettors in the world don’t win even 60% of the time. They top out around 58 or 59. So right off the bat, you already know that this is going to incur quite a bit of failure, and failure leads to stress. Loss of money leads to stress. In this case, one happens because of the other. It cannot be emphasized enough that this is a very, very stressful job. Betting sports full time is not as easy, fun, or glamorous as it may seem.Work Required and Success Rates
The standard vig (fee for the house booking your action) is 10% of whatever you bet. You must bet $110 to win $100, $220 to win $200, and so on. If you win 52.4% of the time, you are something that around 97% of sports bettors are not and that is a long term winner. It will take you 10,000 bets of $110 to win $400 at a success rate of 52.4%. Not exactly golden, but hey, it is better than being down $200,000 and losing your job because of it. There are too many stories that end up this way. So how much do you want to make? If you want to make $40,000, you’ll have to make 1,000 bets a year, averaging $110,000 a bet, and succeed 52.4% of the time. You don’t want to be risking more than 2-3% of your bankroll on each bet. And that’s playing it hard.
Really, 1% is the safe way to go. But even if you do 3% each bet, you still need over $3.3 million to do this prudently. Yes I’m obviously taking this to quite an extreme. But it’s important, so let’s recap. If you want to make $40,000 a year, you need to do something that 97% of the people trying, can’t, and you must do it 1,000 times a year, and you must risk $110,000 every time. That is nearly 2.75 bets a day every day. That means you have to pretty much be an expert in every sport. May I remind you that this is if you are exclusively playing the games where the vig is -110. If you’re ever laying more or less than -110, then this will affect how often you need to succeed.
55% seems to be the going win rate that will put you in the clear to make money you can live off of. We were talking millions before as a sufficient bankroll on the extreme sides, but you are going to need a lot of money either way. I would say at least $100,000. You are going to have to be able to weather the storm for a lot of failure. You are too likely to just go broke if you can’t cover a long stretch of losing that wasn’t necessarily your fault. Even if you lower your bet sizes, you run the risk of not being able to win enough to live off of even if you’re winning. If you had $220,000 and won 55% of the time placing 300 bets a year of $2,200, you will win $33,000, or about $635 a week. The $2,200 bet is considered 1 unit of your bankroll. $635 is less than 29% of what you’re risking on each individual bet. And your net goal per week should be 1 unit.
It takes many hours of regular research, to find where edges possibly exist. I just told you that 52.4% is what you need to do to barely break above even. What happens if you bet on a game where the true odds were one team was going to win 51% of the time and the other was 49%? That means long term, this is a losing play. The sportsbooks make their lines so that this is how things will result as often as they can. But they are human so they are not perfect, that is why edges exist.
There are so many different elements to be aware of. Things like who is injured, what the weather is like, how the side you like has been doing lately against what schedule don’t even scratch the surface of the kinds of intricate and very mathematically complex things you need to always be researching. The said bits of information make up a couple grains of sand on the bench in the sports handicapping scene. Sports betting is a moving target of a game of being able to understand which elements are relevant and it varies on a game by game basis. It is never the same thing over and over again. How could it be? Almost everybody is losing!Pro Sports Betting TipsIllusions
I know it must sound like I’m completely against sports betting and presenting arguments as to why you shouldn’t do it, but the truth is I’m just talking about what actually goes on. If you think you can take on all of these things and still prevail, go for it. But there are reasons barely anyone can turn even the slightest profit at it. There are hazards everywhere. It’s not just the vig you have to overcome.
One hazard is just being able to ignore your passion to watch. People really love sports. They love it so much it gives them false beliefs they are able to predict the outcome, and just love to have action at all. How much you are entertained by a game has nothing to do with matching up what will happen with the spread, and if it’s even worth the payout. You may think you really see what’s going on, but how can you know you do? You are already aware that if hardly anyone is winning, then how can sports betting be as easy as it seems? It takes a lot of success over a large sample of time to determine you have in fact developed the ability to find edges.
Winning is such a monstrous thrill. You feel the emotions with the players and anyone else who has been sweating it out with you. You can get a little heater going and win 7 or 8 bets in a row. You think, okay I got this. Except that is almost like saying if you successfully ran a red light without getting pulled over a bunch of times in a row, then you are now a wizard on knowing which red lights to run and which ones to stop at. Betting sports blindly is like trying to run a red light. You are not aware of the oncoming traffic from the left or the right. You are not aware if a cop is nearby watching. This is simply an ill-advised unsafe decision. That’s why we have red lights in the first place, to protect us from getting hurt. That’s why you use caution and put lots of time and thought into each bet, to protect yourself from burning money.
It is a hidden illusion for many bettors that you have put your work in, but really you have not. You went into the sportsbook and saw a line that looked appealing to you, for whatever reason. You text your friend you like it. He says he likes it too. You go to the window and bet. If it was that easy, why is it that 97% of the bettors lose? Many bets take place just like this example.
Maybe you did put in a lot of research. What if it was the wrong research and you lose anyway? People love to rationalize and say they were unlucky. Doesn’t matter if it’s because they have a problem or if it is just their ego insisting they really knew what they were doing. Either way it makes things very easy to continue. After all, you know that even the top bettors are going to have to incur a losing. You convince yourself it is too hard to see if you’re making inaccurate picks, or if you really are just getting unlucky. These illusions keeps people going for a long time. Sooner or later, they just have to, and you finally realize it was them all along.
Then there’s The Sure Thing. I capitalized it because people think this is also a possibility. A lock. A can’t miss. The thing about professional or college sports is the difference between the two teams is so small. It is very underrated as to how small it is. If you are watching the best team in the NFL play the worst team, you feel like there’s no way they can lose. If the superior team plays the way they can play football, yeah they’ll probably win a huge percentage of the time. What if they play badly? If you play badly against another team full of freak athletes, all of whom are also professional football players, the supposed dominant team is at a high risk of getting beat. You will not just show up and win because you are better. You still have to do your job right, and not everybody always does this. You can’t completely prevent the other team from just having a great game either. That happens too. That is why there is upsets. And that is why when you play the moneyline in games that have a huge favorite, you are going to have to lay a lot of odds on them just to be the victor.
Betting $800 to win $100 doesn’t sound very appealing. When you win 6 of those in a row then finally the upset hits, you’ll understand why. The edges are not found easily. Think of it as being a detective. You can’t just show up to the crime scene and know who the culprits are based on what’s on the surface. You have to look well beneath to understand what’s really going on, and it just takes time.
I wish you the best if you take this on as a full time career. I can only imagine it first developed as hey, what could be better than making a living from my hobby? It’s doable. People do it. Humans have shown themselves to be capable of nearly anything. Just understand at all times this requires a near infinite amount of discipline and diligence.Related Posts:
For avid sports betting fans, turning their most beloved pastime into a full-time profession seems like a great deal. You may have spent hours daydreaming and wondering if the dream could ever become a reality.I want you to know that dream is absolutely a possibility.
But first, you must dedicate yourself to the craft entirely. Becoming a pro sports bettor takes more work than you can imagine, but the rewards are immense.
So, let’s look at how to become a pro sports bettor so you can start winning at online sportsbooks.It’s No Walk in the Park
The life of a pro sports bettor isn’t a reprieve from your 40-hour workweek. But it will most certainly shake up the monotony of everyday life.
To be transparent, not everyone is cut out to be a pro sports bettor. For gamblers willing to make the sacrifices to succeed, it can be gratifying.The top pro sports bettors rely heavily on analytics and the ability to decipher data to ensure a positive return.
No pro sports bettor comes close to even a 75% winning percentage. That would be insane.
They lose plenty, but if they win close to 54%, they make a decent profit. They earn enough that the wins outweigh the losses, and they can stay afloat.Why Be a Pro Sports Bettor?
Becoming a pro sports bettor is such an appealing career choice because there are so many distinct advantages.
To begin with, being 100% in command of your daily grind is incredibly attractive. Total control over your workweek is what I’m talking about here.
Most of the work you put in as a pro sports bettor can be done when it’s most convenient.
As with most anything, there are exceptions to the rule. Generally, life as a pro sports bettor will put you in charge of your schedule.Pro Sports Gambling
The freedom to make your own schedule is priceless. Take it from somebody who enjoys this perk. It’s the best feeling in the world to be where you want to be when you want to be there. Of course, my wife sometimes has other ideas.
In addition to deciding when you work, you’ll benefit from choosing how much or little you work. In the beginning, you will likely still be working another job to ease into the transition. Whenever you decide to cut the cord and go full bore, you should expect to put in tireless hours as you get started.
Jackpot real money. Once you have established yourself into a routine and are comfortable in your new career, you can choose to work more often or less often. This will depend mainly on your own goals and outside commitments.
The flexibility doesn’t end there either. You’ll also have the luxury of choosing where to work. Thanks to smartphones, tablets, and laptops, you aren’t spending long hours at the sportsbook.You’re not even stuck in a home office. If you prefer the great outdoors, grab a seat by the pool, and there’s your office for the day. You may even travel while you work. Probably my favorite part of being able to work wherever my computer will go to is the ability to travel.
Here are some other reasons to become a pro sports bettor—the dress code, earning potential, and the pure adrenaline rush.Characteristics of a Pro Sports Bettor
There are no prerequisites to becoming a pro sports bettor. Any gambler with the necessary determination can succeed in this field.
There are, however, personality traits that lend themselves to improving your chances of success. If you plan to be a pro sports bettor and find yourself lacking in any of the following areas, you may want to work on these.Perhaps the most apparent trait you’ll want is a genuine interest and knowledge of sports.
You don’t necessarily need to be a die-hard sports fanatic. You never want your emotions to interfere with making the best picks.
Being interested in sports will hedge against things getting stale. As we’ve all learned at some point in other work lines, the promise of money won’t always be the draw needed to keep you on the hook.
I already mentioned the importance of knowledge. The critical aspect is to continue learning about your craft, strategies, the sports, leagues, and teams you are betting on. Do your research.
There isn’t a professional gambler on the planet that has maintained long term success because of luck.
Having a proclivity for numbers is as vital to your success as knowledge for a pro sports bettor. You don’t need a PhD in mathematics to carry the load. Most of the sports betting math is relatively basic and easy to comprehend. Pro sports bettors will need to understand things like probabilities and odds well.Pro sports bettors should have the ability to keep their emotions in check. Allowing a string of losses or a bad week to go on tilt can bankrupt a sports bettor.
Sports betting can be rewarding and is as exciting as it sounds. Just remember to always take the good with the bad.
Be realistic. You won’t win every sports bet. In fact, just breaking even is a great start. That is going to take winning about 52% of your bets. This is a marathon, not a sprint, so don’t expect to make a million in your first month.Set Goals
You’ll want to keep tabs on your progress and have an eye on your spending. To help with this, you need specific goals to work toward.
Don’t go down the road of many hopefuls and set goals that are simply too big too early. Set a realistic goal for your first year’s earnings and steadily work towards that number.It may behoove you to set a specific goal for each sport you are betting on and put the most significant portion of your income on the sport your most comfortable betting on.
Some sports bettors will set monthly goals. Don’t fall into this habit. Because of the unpredictability of sports betting, a bad week can sidetrack an entire month.
Remember it’s a marathon, not a sprint.Keep Detailed Records of Your Wins and Losses
You will be more successful at fine-tuning your approach when you have an accurate record of your best and, as importantly, your worst bets.
Look for patterns that have emerged in your wins and losses. Do you tend to do better when betting on the underdog opposed to betting on the favorite?
You should know that and leverage your strengths into more profits. Always analyze your strengths and weaknesses. You can’t stay away from weak points in your betting game if you don’t know what they are. You don’t want to arrogantly assume you don’t have any.Manage Your Bankroll Effectively
All gamblers need to stick to a firm staking plan. This is even more important if you want to become a pro sports bettor. If you plan on bringing in $8k per month off your bets, you’ll need to be putting enough cash into action to support this.
Pro sports bettors do not have the luxury of taking enormous risks.
Your income depends on every bet you make. Bankroll management will make you or break you as a pro sports bettor.
Even the most analytical mind on the planet is wasted if you can’t manage your money correctly.Check Your Emotions at the Door
Sports bettors that bet on a team because they want the team to win are doomed to failure. Always bet based on your best analysis of the matchups. Anything less than that is going to be a genuinely tragic and unnecessary setback.It can be easy to get carried away while on a long winning streak. Suddenly, you have this incredible burst of confidence and energy. You may start placing bets that you haven’t put the required amount of effort into.
This can spell disaster for some pro sports bettors. You eventually will take a string of losses. That feeling of euphoria from winning beckons you to double down and get it all back in one fail swoop. Avoid this mentality like the plague.Become a Master of Your Discipline
Self-control and discipline are paramount to your success. It will be easy to get carried away sometimes. This is why it’s imperative that you set firm guidelines and stick to them.This is just as vital to your schedule as it is with your bankroll. I discussed how great it is to make your hours. It’s also essential that you set a schedule for your research and betting. It can be alluring to hit a quick 18 holes with the guys before lunch, but you need to handle your business. Take your days off and don’t stay hunched over a computer 18 hours a day.
A work schedule for a pro sports bettor may look different for everyone. I suggest going hard to begin, but not so hard that you burn out. After you have spent a few months as a pro sports bettor, you will then have a much better idea of how to maximize your time efficiently.Know Your Worth
Sports betting can be anything but predictable. There are going to be times where your winning percentage will be far below what is needed. More specifically, it will fall below what you know you can achieve.
Don’t let your confidence waver. Sports bettors can fall into the trap of making small safe bets when this happens. Stay focused on finding value and know that bad days are just that and not the end of the world.Conclusion
The life
https://diarynote.indered.space
Professional Sports Betting If you feel like your life is in dire need of a constant, mentally exhausting challenge, perhaps betting sports professionally will satisfy your needs. First, you need to understand a. Jul 12, 2017 To void betting with money you can’t afford to lose, manage your bankroll like a pro. If you have a budget of $500 for betting through the NFL, make sure you keep each bet pegged at anything. Aug 10, 2018 Pro sports bettors will come up with precise statistics that match the way sophisticated casinos cater to the Vegas gambler. The professional then compares his numbers with the odds the bookmakers offers. Most of the time they just about match up, and sometimes the difference falls outside the range of the spread. This number is simply defined as “vig” or what many in the sports betting industry call vigorish. Another common term is called “juice” and it’s technically the price the bettor has to pay on a straight wager. Bet $110 to win $100 (10% juice) Ex. Bet $100 to win $90.91 (10% juice).
*Pro Sports Betting Tips
*Pro Sports Gambling
If you feel like your life is in dire need of a constant, mentally exhausting challenge, perhaps betting sports professionally will satisfy your needs. First, you need to understand a few numbers. One, the top sports bettors in the world don’t win even 60% of the time. They top out around 58 or 59. So right off the bat, you already know that this is going to incur quite a bit of failure, and failure leads to stress. Loss of money leads to stress. In this case, one happens because of the other. It cannot be emphasized enough that this is a very, very stressful job. Betting sports full time is not as easy, fun, or glamorous as it may seem.Work Required and Success Rates
The standard vig (fee for the house booking your action) is 10% of whatever you bet. You must bet $110 to win $100, $220 to win $200, and so on. If you win 52.4% of the time, you are something that around 97% of sports bettors are not and that is a long term winner. It will take you 10,000 bets of $110 to win $400 at a success rate of 52.4%. Not exactly golden, but hey, it is better than being down $200,000 and losing your job because of it. There are too many stories that end up this way. So how much do you want to make? If you want to make $40,000, you’ll have to make 1,000 bets a year, averaging $110,000 a bet, and succeed 52.4% of the time. You don’t want to be risking more than 2-3% of your bankroll on each bet. And that’s playing it hard.
Really, 1% is the safe way to go. But even if you do 3% each bet, you still need over $3.3 million to do this prudently. Yes I’m obviously taking this to quite an extreme. But it’s important, so let’s recap. If you want to make $40,000 a year, you need to do something that 97% of the people trying, can’t, and you must do it 1,000 times a year, and you must risk $110,000 every time. That is nearly 2.75 bets a day every day. That means you have to pretty much be an expert in every sport. May I remind you that this is if you are exclusively playing the games where the vig is -110. If you’re ever laying more or less than -110, then this will affect how often you need to succeed.
55% seems to be the going win rate that will put you in the clear to make money you can live off of. We were talking millions before as a sufficient bankroll on the extreme sides, but you are going to need a lot of money either way. I would say at least $100,000. You are going to have to be able to weather the storm for a lot of failure. You are too likely to just go broke if you can’t cover a long stretch of losing that wasn’t necessarily your fault. Even if you lower your bet sizes, you run the risk of not being able to win enough to live off of even if you’re winning. If you had $220,000 and won 55% of the time placing 300 bets a year of $2,200, you will win $33,000, or about $635 a week. The $2,200 bet is considered 1 unit of your bankroll. $635 is less than 29% of what you’re risking on each individual bet. And your net goal per week should be 1 unit.
It takes many hours of regular research, to find where edges possibly exist. I just told you that 52.4% is what you need to do to barely break above even. What happens if you bet on a game where the true odds were one team was going to win 51% of the time and the other was 49%? That means long term, this is a losing play. The sportsbooks make their lines so that this is how things will result as often as they can. But they are human so they are not perfect, that is why edges exist.
There are so many different elements to be aware of. Things like who is injured, what the weather is like, how the side you like has been doing lately against what schedule don’t even scratch the surface of the kinds of intricate and very mathematically complex things you need to always be researching. The said bits of information make up a couple grains of sand on the bench in the sports handicapping scene. Sports betting is a moving target of a game of being able to understand which elements are relevant and it varies on a game by game basis. It is never the same thing over and over again. How could it be? Almost everybody is losing!Pro Sports Betting TipsIllusions
I know it must sound like I’m completely against sports betting and presenting arguments as to why you shouldn’t do it, but the truth is I’m just talking about what actually goes on. If you think you can take on all of these things and still prevail, go for it. But there are reasons barely anyone can turn even the slightest profit at it. There are hazards everywhere. It’s not just the vig you have to overcome.
One hazard is just being able to ignore your passion to watch. People really love sports. They love it so much it gives them false beliefs they are able to predict the outcome, and just love to have action at all. How much you are entertained by a game has nothing to do with matching up what will happen with the spread, and if it’s even worth the payout. You may think you really see what’s going on, but how can you know you do? You are already aware that if hardly anyone is winning, then how can sports betting be as easy as it seems? It takes a lot of success over a large sample of time to determine you have in fact developed the ability to find edges.
Winning is such a monstrous thrill. You feel the emotions with the players and anyone else who has been sweating it out with you. You can get a little heater going and win 7 or 8 bets in a row. You think, okay I got this. Except that is almost like saying if you successfully ran a red light without getting pulled over a bunch of times in a row, then you are now a wizard on knowing which red lights to run and which ones to stop at. Betting sports blindly is like trying to run a red light. You are not aware of the oncoming traffic from the left or the right. You are not aware if a cop is nearby watching. This is simply an ill-advised unsafe decision. That’s why we have red lights in the first place, to protect us from getting hurt. That’s why you use caution and put lots of time and thought into each bet, to protect yourself from burning money.
It is a hidden illusion for many bettors that you have put your work in, but really you have not. You went into the sportsbook and saw a line that looked appealing to you, for whatever reason. You text your friend you like it. He says he likes it too. You go to the window and bet. If it was that easy, why is it that 97% of the bettors lose? Many bets take place just like this example.
Maybe you did put in a lot of research. What if it was the wrong research and you lose anyway? People love to rationalize and say they were unlucky. Doesn’t matter if it’s because they have a problem or if it is just their ego insisting they really knew what they were doing. Either way it makes things very easy to continue. After all, you know that even the top bettors are going to have to incur a losing. You convince yourself it is too hard to see if you’re making inaccurate picks, or if you really are just getting unlucky. These illusions keeps people going for a long time. Sooner or later, they just have to, and you finally realize it was them all along.
Then there’s The Sure Thing. I capitalized it because people think this is also a possibility. A lock. A can’t miss. The thing about professional or college sports is the difference between the two teams is so small. It is very underrated as to how small it is. If you are watching the best team in the NFL play the worst team, you feel like there’s no way they can lose. If the superior team plays the way they can play football, yeah they’ll probably win a huge percentage of the time. What if they play badly? If you play badly against another team full of freak athletes, all of whom are also professional football players, the supposed dominant team is at a high risk of getting beat. You will not just show up and win because you are better. You still have to do your job right, and not everybody always does this. You can’t completely prevent the other team from just having a great game either. That happens too. That is why there is upsets. And that is why when you play the moneyline in games that have a huge favorite, you are going to have to lay a lot of odds on them just to be the victor.
Betting $800 to win $100 doesn’t sound very appealing. When you win 6 of those in a row then finally the upset hits, you’ll understand why. The edges are not found easily. Think of it as being a detective. You can’t just show up to the crime scene and know who the culprits are based on what’s on the surface. You have to look well beneath to understand what’s really going on, and it just takes time.
I wish you the best if you take this on as a full time career. I can only imagine it first developed as hey, what could be better than making a living from my hobby? It’s doable. People do it. Humans have shown themselves to be capable of nearly anything. Just understand at all times this requires a near infinite amount of discipline and diligence.Related Posts:
For avid sports betting fans, turning their most beloved pastime into a full-time profession seems like a great deal. You may have spent hours daydreaming and wondering if the dream could ever become a reality.I want you to know that dream is absolutely a possibility.
But first, you must dedicate yourself to the craft entirely. Becoming a pro sports bettor takes more work than you can imagine, but the rewards are immense.
So, let’s look at how to become a pro sports bettor so you can start winning at online sportsbooks.It’s No Walk in the Park
The life of a pro sports bettor isn’t a reprieve from your 40-hour workweek. But it will most certainly shake up the monotony of everyday life.
To be transparent, not everyone is cut out to be a pro sports bettor. For gamblers willing to make the sacrifices to succeed, it can be gratifying.The top pro sports bettors rely heavily on analytics and the ability to decipher data to ensure a positive return.
No pro sports bettor comes close to even a 75% winning percentage. That would be insane.
They lose plenty, but if they win close to 54%, they make a decent profit. They earn enough that the wins outweigh the losses, and they can stay afloat.Why Be a Pro Sports Bettor?
Becoming a pro sports bettor is such an appealing career choice because there are so many distinct advantages.
To begin with, being 100% in command of your daily grind is incredibly attractive. Total control over your workweek is what I’m talking about here.
Most of the work you put in as a pro sports bettor can be done when it’s most convenient.
As with most anything, there are exceptions to the rule. Generally, life as a pro sports bettor will put you in charge of your schedule.Pro Sports Gambling
The freedom to make your own schedule is priceless. Take it from somebody who enjoys this perk. It’s the best feeling in the world to be where you want to be when you want to be there. Of course, my wife sometimes has other ideas.
In addition to deciding when you work, you’ll benefit from choosing how much or little you work. In the beginning, you will likely still be working another job to ease into the transition. Whenever you decide to cut the cord and go full bore, you should expect to put in tireless hours as you get started.
Jackpot real money. Once you have established yourself into a routine and are comfortable in your new career, you can choose to work more often or less often. This will depend mainly on your own goals and outside commitments.
The flexibility doesn’t end there either. You’ll also have the luxury of choosing where to work. Thanks to smartphones, tablets, and laptops, you aren’t spending long hours at the sportsbook.You’re not even stuck in a home office. If you prefer the great outdoors, grab a seat by the pool, and there’s your office for the day. You may even travel while you work. Probably my favorite part of being able to work wherever my computer will go to is the ability to travel.
Here are some other reasons to become a pro sports bettor—the dress code, earning potential, and the pure adrenaline rush.Characteristics of a Pro Sports Bettor
There are no prerequisites to becoming a pro sports bettor. Any gambler with the necessary determination can succeed in this field.
There are, however, personality traits that lend themselves to improving your chances of success. If you plan to be a pro sports bettor and find yourself lacking in any of the following areas, you may want to work on these.Perhaps the most apparent trait you’ll want is a genuine interest and knowledge of sports.
You don’t necessarily need to be a die-hard sports fanatic. You never want your emotions to interfere with making the best picks.
Being interested in sports will hedge against things getting stale. As we’ve all learned at some point in other work lines, the promise of money won’t always be the draw needed to keep you on the hook.
I already mentioned the importance of knowledge. The critical aspect is to continue learning about your craft, strategies, the sports, leagues, and teams you are betting on. Do your research.
There isn’t a professional gambler on the planet that has maintained long term success because of luck.
Having a proclivity for numbers is as vital to your success as knowledge for a pro sports bettor. You don’t need a PhD in mathematics to carry the load. Most of the sports betting math is relatively basic and easy to comprehend. Pro sports bettors will need to understand things like probabilities and odds well.Pro sports bettors should have the ability to keep their emotions in check. Allowing a string of losses or a bad week to go on tilt can bankrupt a sports bettor.
Sports betting can be rewarding and is as exciting as it sounds. Just remember to always take the good with the bad.
Be realistic. You won’t win every sports bet. In fact, just breaking even is a great start. That is going to take winning about 52% of your bets. This is a marathon, not a sprint, so don’t expect to make a million in your first month.Set Goals
You’ll want to keep tabs on your progress and have an eye on your spending. To help with this, you need specific goals to work toward.
Don’t go down the road of many hopefuls and set goals that are simply too big too early. Set a realistic goal for your first year’s earnings and steadily work towards that number.It may behoove you to set a specific goal for each sport you are betting on and put the most significant portion of your income on the sport your most comfortable betting on.
Some sports bettors will set monthly goals. Don’t fall into this habit. Because of the unpredictability of sports betting, a bad week can sidetrack an entire month.
Remember it’s a marathon, not a sprint.Keep Detailed Records of Your Wins and Losses
You will be more successful at fine-tuning your approach when you have an accurate record of your best and, as importantly, your worst bets.
Look for patterns that have emerged in your wins and losses. Do you tend to do better when betting on the underdog opposed to betting on the favorite?
You should know that and leverage your strengths into more profits. Always analyze your strengths and weaknesses. You can’t stay away from weak points in your betting game if you don’t know what they are. You don’t want to arrogantly assume you don’t have any.Manage Your Bankroll Effectively
All gamblers need to stick to a firm staking plan. This is even more important if you want to become a pro sports bettor. If you plan on bringing in $8k per month off your bets, you’ll need to be putting enough cash into action to support this.
Pro sports bettors do not have the luxury of taking enormous risks.
Your income depends on every bet you make. Bankroll management will make you or break you as a pro sports bettor.
Even the most analytical mind on the planet is wasted if you can’t manage your money correctly.Check Your Emotions at the Door
Sports bettors that bet on a team because they want the team to win are doomed to failure. Always bet based on your best analysis of the matchups. Anything less than that is going to be a genuinely tragic and unnecessary setback.It can be easy to get carried away while on a long winning streak. Suddenly, you have this incredible burst of confidence and energy. You may start placing bets that you haven’t put the required amount of effort into.
This can spell disaster for some pro sports bettors. You eventually will take a string of losses. That feeling of euphoria from winning beckons you to double down and get it all back in one fail swoop. Avoid this mentality like the plague.Become a Master of Your Discipline
Self-control and discipline are paramount to your success. It will be easy to get carried away sometimes. This is why it’s imperative that you set firm guidelines and stick to them.This is just as vital to your schedule as it is with your bankroll. I discussed how great it is to make your hours. It’s also essential that you set a schedule for your research and betting. It can be alluring to hit a quick 18 holes with the guys before lunch, but you need to handle your business. Take your days off and don’t stay hunched over a computer 18 hours a day.
A work schedule for a pro sports bettor may look different for everyone. I suggest going hard to begin, but not so hard that you burn out. After you have spent a few months as a pro sports bettor, you will then have a much better idea of how to maximize your time efficiently.Know Your Worth
Sports betting can be anything but predictable. There are going to be times where your winning percentage will be far below what is needed. More specifically, it will fall below what you know you can achieve.
Don’t let your confidence waver. Sports bettors can fall into the trap of making small safe bets when this happens. Stay focused on finding value and know that bad days are just that and not the end of the world.Conclusion
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