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Professional betting techniques for smart bettors
By: iLOT NG
1. Winning Football Teams Control the Line of Scrimmage: When evaluating football games, everyone focuses on skill position players like the quarterback, running back, and wide receivers. What winning sports bettors understand is the team with the best offensive and defensive lines tends to control who wins the game. Start studying and tracking the performance of offensive and defensive lines and you'll start winning more games.
2. Expected Value is everything: Winning sports bettors–and gamblers in general–look for places where they have a positive expected value. They work to put their money on the line in these situations over and over. They understand they won't win every time. If they have a certain chance of winning in the long run, that percentage will play out.
3. Focus on Winning Money, not Games: Sports bettors can get caught up in winning a certain percentage of their games. It really doesn't matter how many games they win. The only thing that matters is how much money they win. You bet on four games with money on three favorites against the spread and one underdog on the money line that pays 1,200 against a 100 wager. You lay 100 on the underdog money line and 4,110 on each of the spread games. Would you rather win the three spread games and lose the money line bet? Or would you rather win the money line bet and lose the three spread bets? Winning the money line bets gives you a total win of 870. Winning the three spread bets only profits 200.
4. Paying Less Vig Is the Same as Winning More Games: Vig is the fee you pay the sportsbook to place bets. You only lose your vig on the bets you lose. It's the difference between what you have to risk and what you stand to win. The most common vig is 10%. Most bets are based on 11/10 or 110 to win 100. When you lose, the sportsbook keeps your entire wager–including the vig, but when you win you get back your original bet–including the vig. But you win 10% less.
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