It’s common knowledge that sports handicapping is all the rage these days. More and more people are jumping on the bandwagon and trying their hand at handicapping sports results. There’s certainly no shortage of profitable possibilities when it comes to betting on sports, especially since lines are constantly changing and the outcomes of games often seem to defy logic. The majority of people will never have the guts to admit that they’re simply not that good at picking winning teams, but the truth is that they probably know deep down that they have what it takes.
Pick A +275 underdog, Any sport, and put it in a neutral site’s draw on Thursday, and I’ll jack you up to a 125-unit profit with just a 10 percent commission. Over the years, I’ve developed a system and algorithm for identifying and exploiting inefficiencies in the betting market. It’s been an invaluable tool for me, and one that I’m confident can assist you in well beyond the odds to make you a very wealthy man (or woman).
How to Build a Successful Sports Handicapping Portfolio
Inefficiency in the betting market is always a significant issue, especially when trying to capitalize on games with very low odds or those that outsiders might call a coin toss. The most efficient market on the planet is absolutely terrifying when you have a serious betting imbalance, and it’s certainly no secret why the major bookmakers don’t like to advertise their odds — it puts the odds in your favor, which is exactly what competition laws prevent them from doing. The good news is if you know where to look and how to utilize limited resources at your disposal, you can identify certain games that are most susceptible to exploiting market inefficiencies.
Let’s take a team that had been struggling mightily and suddenly found themselves -480 against a team they were expected to beat handily. It’s easy money, right? Well, maybe not if you’ve never done business in this particular sporting niche. Going back to the example above, if you’re betting on the underdog, the smart money is on the underdogs. However, if you’ve been building a betting portfolio around these types of games and want to cash out with a reasonable chunk of change, you’re going to have to exercise a little bit of caution. Fortunately, there’s a way to build a profitable sports betting portfolio and make some serious bank without all the heartache. Let’s take a look:
Avoid Games With High Ticket Prices
Even though you might assume that the price of a ticket reflects the odds of the game, this is far from the case. The higher the price tag on a particular game, the more likely you’ll see sharp betting action. Teams with higher profile players usually charge more for tickets, and it’s almost always the case that the higher the price, the higher the demand and the greater the chance of a surprise upset. This is why going up against the mighty 49ers is such a sweet spot for a Tampa Bay Buccaneers fan, and vice versa, for the Denver Broncos and Oakland Raiders games. If you’re looking to make some serious wagers and cash out with a decent amount of money, avoid games with very high ticket prices.
Understand The Importance Of Timing
The most basic rule when placing bets is to always try to time your wagers wisely. Inefficient markets are always a recipe for disaster, and there are several examples of serious money being lost by naive bettors who didn’t take the time to study the books and research teams prior to placing their wagers. Sometimes it just takes a little bit of luck, but you’ll be much happier if you place your wagers based on facts and figures rather than hunches and rumors. Timing is vital when betting on sports, and it’s never more important than when trying to capitalize on games with very low odds or those where the public is heavily against one team or another. The earlier you enter a wager, the more likely it is that you’ll see results quickly, but this also makes you more vulnerable to sharpies who might try to exploit your good faith by preying on your lack of knowledge when the time comes for you to collect your winnings. Always try to time your wagers as best you can, but never be afraid to walk away if you feel like the odds are against you or if the public is acting funny in the opposite direction of your favored team or player. Sometimes it just takes a little bit of luck, but you’ll be much happier if you place your wagers based on facts and figures rather than pure luck when trying to exploit games with very low odds or those where the public is heavily against one team or another.
In conclusion, if you want to be profitable, it’s imperative that you learn how to value-add in a very competitive industry that doesn’t always want to let you in on their secrets. If you know where to look and how to utilize limited resources at your disposal, you can identify certain games that are most susceptible to exploiting market inefficiencies, and this is a much safer and more profitable way to play than relying on the luck of the draw or the whim of the public simply because the price is right.