Have you ever wondered how the sports betting “smart money” became the smart money? Do you wonder what the sports betting smart money does differently than the amateurs? The biggest difference between professional gamblers and the amateurs is that the pros do the following three things no matter what they are betting on. If you do these things, you’ll be well on your way to making money like the pros.
1. You Must Have an Edge
The reason people win money betting on sports is because they have some sort of and edge over the other people betting on a game. You must understand that the line on any game is determined by the sports books, who make sure that there is an even amount of money bet on both teams. The person with an edge will be able to spot lines that are off in one direction or the other, and then place his or her bet on the side of the “smart” money.
On the other hand, if you don’t have an edge, you are merely guessing, and will be guaranteed to lose money in the long run because of the “juice” you must pay to the bookie when betting on sports.
2. Manage Your Money Properly
Money management is the least understood, and most important aspect of sports betting. Simply put, money management means controlling how much risk you are going to take on any particular game or bet. To be successful betting on sports, you must spread your risk so that being wrong on one game, or even a series of games, does not wipe out your entire betting account.
3. Stay in the Game
Sports betting is like anything else -the more you do it, the better you will become at it. The best way to become very good at betting on sports is to make sure you stay in the game instead of blowing out your bankroll. This means that you must always make protecting your money your number one priority. Be happy being a singles hitter -those who go for the home runs don’t last long in this game.
So there you have it, the 3 most important things professional gamblers do to make money betting on sports. How many of these things do you do now? Just like the teams you’re betting on, the gambler that masters the fundamentals will win more often than not.