Sports Betting Systems and the Psychology of a Winning Sports Bettor

If I had a nickel for every forum title I read that started out something like “Can you really make money betting sports?” I would be the richest man on the planet. Fact: If every bettor lost all the time there would be no sports betting market. It is that simple. I am a winning bettor. I don’t have to pick the paper up anymore and study statistics all day. It took some hard work to achieve this status. If you are tired of losing money and want to start making profits, keep reading.

Let me provide you with some basic statistics for the sake of the discussion. There are over 6 billion people in the world. Lets say only 3 billion are adults. Of those adults, only 10 percent bet on sports. That is 3 million people that bet sports. Of those 3 million people, only 2 percent actually make a living betting sports. The other 98 percent lose money. That leaves 60,000 people in the world who profit from betting sports for a living! These numbers are extremely conservative; it is estimated that over 200 million people ALONE will bet on the Superbowl in a given year. Not only is it possible to make a living betting sports, it happens every minute of everyday to real people just like you.

I have identified three crucial issues that keep amateur sports bettors from turning professional and turning profits in their sports betting careers.

1. The single biggest problem with those who lose money betting sports is a lack of discipline.

2. The second biggest problem is non-application of any substantial sports betting systems to keep you consistent and on target.

3. The third issue is thinking like the typical square bettor and not like the bookmaker.

I will address all of these fundamental betting flaws and give you a glimpse on how a winning sports bettor thinks and acts.

One of the best ways to lose your shirt over the long run is bet chasing. Scenario: You thought you had the lock of the century last evening with the first game. You lost that bet on some unbelievable nonsense, maybe a back door cover in a game that was long over for both teams. You got angry, saw the next game of the night coming up and impulsively doubled your bet for game two to cover your losses from game one. Then, since you had no real system in place to keep you in check, that game ends up a loser as well and you are now down big. Everyone has done this, and I am no exception. This is the lack of discipline I am talking about. You will lose some nights, just like your 401k will lose value some days. It comes with the territory. Bet just that one game and if it loses, cut your losses there and tomorrow is a new day.

There are tons of sports betting systems that exist, but some are very good if you have the discipline to follow them verbatim. Most sports bettors do not have the time, patience, or inclination to hypothesize, test, analyze, retest, and apply sports betting systems. This is why most sports bettors lose over the long haul. There are professionals who do have systems in place and are happy to share those systems with anyone who thinks they have what it takes to follow the system. You MUST have a system in place that keeps you on the winning path. Betting random games night in and night out without proper research is no formula for success. It is fun, but it is a money loser and that is not why you are here. You are here to become a winner. Remember, you will lose some nights. You will lose and losing is not fun. With a sports betting system in place that has been proven to win, over the course of your investment you will make money. How much you make and how often is entirely up to you applying discipline and consistency to your sports betting systems.

Think like the bookmaker. It has been said that books are only concerned with having an equal amount of bets placed on both sides of the same game. That way, with the vigorous factored into the game, the bookmakers earn a small profit regardless of who wins the game. This is a half truth. Yes, this is one way books make money. If you think that books won’t bait you into thinking a line is too good to be true, knowing that you, the general betting public, will pounce on that bet (a sucker bet or a trap bet) I have a bridge in San Francisco to sell you CHEAP. The real money for the bookmakers is in those games that are bet heavily on one side (and subsequently lost) by the general public. If a line is too good to be true it probably is. The bookmakers know the public loves the favorite. They also know more about tonight’s games than you could possibly research. They know you don’t have the discipline to stop while you are ahead (or down for that matter). They know you have no clue what sports betting systems give you an advantage. They also know that you think like an amateur bettor. This is precisely why you are not making money.

In my betting career one of the affirmations I would continuously rehearse was to never, ever think like the general betting public. Zig when others zag. It became so much more than just that but it was a start. The next thing is to trust the individuals who have paved the path before you. Put a system in place and follow it with precision and accuracy. Those sports betting systems exist and are being used every day. Over time, you will win. Winning translates into profits. Start winning and you will be able to do things in your life you couldn’t have dreamed of before. People every day are winning consistently betting sports. This should be you.

The Truth About Betting Loopholes

There are dozens of websites advertising ‘top-secret betting loopholes’ that are promised to make anyone an instant millionaire. Of course, everyone would like to easily earn gazillions from bookmakers, but the common sense tells us that there must be something wrong with such claims.

After all, if there actually was an enormously profitable gambling loophole, why would someone try to cheaply sell it to you? They would instead take advantage of the loophole themselves, hoping that no one else will discover it. Therefore anyone who claims to have a secret loophole that will make you large sums instantly is actually just trying to deceive you.

That, however, does not mean that there are no profitable betting methods at all. There are some low-risk ways to make money from bookmakers that could be considered ‘loopholes’; however, they are far from being secret. These two low-risk betting systems are arbitrage betting and matched betting.

Arbitrage betting involves placing different bets with different bookmakers or with bookmakers and betting exchanges in a way that generates a guaranteed profit. This is possible because of the differences in the odds at various bookmakers. Probably the most common type of arbitrage is between bookmaker and a betting exchange. If the back odds (odds FOR the selection to win) offered by a bookmaker are larger than the lay odds (odds AGAINST the selection to win) at the exchange, it is possible to make some money by carefully placing both back and lay bets on the same selection.

Unfortunately arbitrage betting is not only profitable, but also complicated. Good Arbitrage opportunities are very hard to find and they often last for a very short time (sometimes only a few seconds). Furthermore, the returns from arbitrage betting are relatively low. Even the best arbitrage bets will only earn you a tiny percentage, say two or three percent of your stake; therefore a large bank is needed to make any significant profit.

Matched betting is somewhat similar to arbitrage betting: both back and lay bets are placed on the same selection, hence enabling to extract bookmakers’ free bets and signup bonuses with practically no risk. Matched betting opportunities are easier to find since you are not looking for the extremely rare cases when back odds exceed lay odds, and you do not need to have a large betting bank to successfully do it. However, matched betting requires you to open multiple bookmakers’ accounts to qualify for new free bets, which can get a little annoying.

There are indeed some low-risk ways to make money from online bookmakers, but none of them are ‘secret betting loopholes’ that are going to make you an instant millionaire. However, if you are willing to spend some time and effort, both arbitrage betting and matched betting are valid and reasonably profitable methods to make money from online sports betting.

Horse Racing Betting System – Designing a Simple System

Putting together a system is not as difficult as it may sound, even for a beginner. The important thing, and with any betting, is that you write down every rule and follow it for at least 100 bets. You do not need to trade real money, paper trading is best at first. If after 100 bets it is in profit, you can then give it a betting bank and start gambling.

Starting an untested system with real money, and packing it in on its first losing run, putting it down as failed, will only cost you more and more money in the long term. Being patient saves you money.

So let us get down to starting a system eh? I’ll show you below how simple they are to put together, this example is profitable, so no reason why you can not follow it with a betting bank, but its yearly profits are not huge, but have a go at your own, always making sure that you understand way a rule works.

The system below is designed for National Hunt racing.

‘The NH High SR Non-Handicap Fav System’

Rule 1: Non-Handicap races only.

This ensures that we do not include handicap races, which are more difficult to get profitable systems out of. Although when you do they are more profitable than non-handicap races.

Rule 2: Forecast Favourite only (if joint VOID bet)

Just to make sure we have one clear qualifier for our non-handicap race.

Rule 3: Forecast price must be odds on.

I know that the lower the odds the more likely it is to win, although the lower the odds the smaller the profit for a new bank.

The first 3 rules of any systems I quantify as the main system rules, they ensure we have the main set of qualifiers we are looking for. Those rules after, I regard as filters to take out any facts I know are not profitable long term.

Rule 4: Horse age must be 6+

This is because in the UK, horses are not generally full wound up for jumping until they are at least 6, so those of a lower age have erratic results that do not prove profitable, so no use including them.

Rule 5: Horse must have finished 2nd or worse on its last run.

Horses that won last time out usually go off at lower odds than they should, so an edge is taken away.

Rule 6: Must be a gelding.

Geldings win the majority of races over fences, and are generally have the most consistent and reliable form.

Rule 7: Going must be Good-Soft or better.

Any softer than this and results can get a bit random.

That is it. Over the last 10 years it has produced a 48pt profit even at those low odds, and a 63% SR overall. It has had 3 losing years in that period, the worst being 5pts, but using the betting exchange prices, they would also have shown a profit.. There are around 100 bets per year.

So you can see by this example, it does not profit every year, but long term it still shows a profit, and it is long term that any professional gambler will tell you is the only time span that matters.

Can You Make Money From Betting? An Introduction to Private-Closed Betting Forums

Many people are trying for years to do that, and mostly are unsuccessful.The reason is poor knowledge about the events they are betting on, poor money management, greed and maybe the most important thing – poor overall strategy. But with help and professional work, this can be accomplished on the long term.

A professional punter will never bet on an event that knows nothing about it but the league table. He will never “pick a winner” no matter what the odds are! And this because you actually bet on odds not on a team, and that is why the odds are the most important thing in betting.

Staking is also vital. There are several resources on Internet about staking, and also there are several styles of staking, depending of the punter (some use flat staking, some only maximum bets, etc.) but most probably you should find the strategy that fits you the best, according to your hit rate. But never forget one thing: don’t bet more than you afford to lose.

The best successful strategy may be the “betting syndicate”. Punters meet in places like private forums and share their bets. And usually each has an area (league, sport, etc) that he is following closely to gain an advantage over the bookmakers, and to find value in odds (this means he can actually estimate the chances for an outcome better than the odds maker did so he can see if an outcome is overpriced). It is vital that you follow all that punter’s bets, and also very important to bet on the same odd he did. If he`s a good tipster and makes profit, you will do too.

What’s the advantage of a syndicate? Well, if each of it`s members gain let’s say a 10 % yield do a small calculation and see how much this means when there are 20-30 members on that betting team.