|
||||||||||
 |
||||||||||
How To Win Betting On Sports
I am constantly amazed that so many people blindly bet their hard earned money on a sporting event without even knowing how the process works. If you want to win when betting on sports, you HAVE TO BEAT THE POINTSPREAD!! However, before you can BEAT the POINTSPREAD, also called "The Line," you need to understand what it is and how it works. Pointspreads are created by the Oddsmaker or Linemaker. Most people think the pointspread (or line) is just the predicted margin of victory of one team over the other. WRONG! When creating a Pointspread, the Oddsmaker's main objective is to get half of the money bet on one team and the other half wagered on the other team. When that happens, the Oddsmaker is guaranteed to make money! HOW? Because the Oddsmakers make their money on the "vig" (short for vigorish), which is the extra 10 balance, leaving the public in the losers column. To move to the winners column one needs to understand how the Las Vegas Oddsmaker establishes his line and place an Objective wager! In setting the line the Oddsmaker begins with an initial line based entirely on actual performance statistics for each team in the match up, but will then skew this statistical performance line to a point where each team has the same probability of obtaining this statistical line. This skew will result in the "true line" where each team has equal odds of covering. The Oddsmakers and sports books are run by businessmen, not gamblers. Their major objective is to keep the books in balance with an equal amount wagered on each side of the match up. When this is accomplished they have a risk free return of 5 of the wagers! Visit our website to learn more about our Objective Sports Handicapping Method. Being Objective in your handicapping will be lonely as you are leaning against the crowd, but you will be a Winner! By being Objective in your wagering, you will become disciplined and with proper risk management you can use sports betting as an investment instead of a gamble. At the beginning of the season you should establish a sound money management system. Never wager more than you can afford to lose by only using Monies from discretionary income. Gambling involves more than ordinary risk and can be extremely risky; therefore, proper money management is of utmost importance to reduce your risk. With proper risk management and discipline, sports betting can be very profitable. Sign up for the Rising Star Free Picks today at www.RisingStarSports.com About the Author - George Henry, with degrees in Industrial Engineering and Operations Research, has applied the concepts of probability theory using inferential statistics during his careers as a naval officer, pilot, stock broker, airline executive and owner of Rising Star Sports. He became interested in handicapping football and basketball after developing a computerized method of rating thoroughbred race horses for the purpose of claiming and racing horses, as a thoroughbred owner. Each year Rising Star Sports has been ranked as one of the Top Sports Services and has received 45 national handicapping awards.
Return to EURO BETS Gambling Articles Index
|
|
|||||||||
|
||||||||||
|
||||||||||
powered by |
||||||||||
