REALITY OF SPORTS BETTING
Posted: 2020-11-27

Sports Books are NOT SCARED of Sports Bettors simply because they know 90% make ‘Bet Application Mistakes’ at Bet window.

# 1 Required Sports Betting Skill is to Master ‘Bet Application Process’
Mastering the ‘Bet Application Process’ is a developed skill that separates long term winners from losers. DISCIPLINE to ‘place bets correctly’ will determine your success or failure as a Sports Bettor. YOUR GOAL- EDUCATE YOURSELF TO THE POINT THAT YOU STAY ON TRACK & REMAIN IN THE 10% THAT PLACE BETS CORRECTLY.

Most Common Bet Application Mistakes
Exotics known as Parlays & Teasers - Square bets with highest amounts of hidden juice.
Ex: Bet 3 plays 110.ea. Win 2 = + 90.00 / 3 Team Parlay win 2 = - 100. The Parlay is a $190.00 mistake in your ‘Bet Application Process.’ Do this 50 times per year and you lost $9,500.00 ruining any chance of winning for the year.


Betting more Games / higher amounts than what your Pre-Determined Money & Game Management Strategy calls for
Example of a Bet Application Mistake before Covid we had a twice weekly Poker game. On Thursday I gave a friend 5 plays, they went 5-0. I ask my friend the following week, how did you do last week? He said ,‘I lost money.’ I said, ‘we went 5-0, how did you lose money?’ He said, ‘I added some plays & bet ALL PARLAYS.’ I ask him, ‘Did you play and STRAIGHT PLAYS?’ He said no. Says it all.

 

Maintain Bet Application Mistake Log
By noting your mistakes on your Sports Betting Spreadsheet will allow you to correct them the following week keeping you on track

 

Never Play On Credit Post up
When you post up your own money you will be more careful & deliberate making your plays. Sports Books / Stores providing players ‘credit’ is as old as Vegas and sole purpose is to force higher amount action, more often while encouraging loose play.

Straight Play Strategy
Place Straight Bets ONLY. THERE IS BEAUTY IN SIMPLICITY. This strategy with discipline all but ELIMINATES LOSING seasonally.

PRE-DETERMINE YOUR MONEY & GAME MANAGEMENT PLAN / STAY ON TRACK FOR THE ENTIRE SEASON
Place thought into & develop your own strategic plan of Money & Game Management and stick to it. Practice discipline starting with lower amounts to confirm you have stayed on track before increasing amount the following season or sport.

Money Management - Use Simplified Universal Star Rating System That You Can Stick With (No Amount is too low)
Ex: Assign Star Rating Amount Value. Ex: 3*** = 110 / 4**** = 220. 5***** = 330.


Game Management
# of games bet in a single Betting Session. Reliable Pro Handicappers have this built into Annual Late Service.

BRTA ( pronounced Berta) Bankroll ‘ turnaround’ on each play. $110 = 210. / 220. = 420/ 330 = 630.Maintain perspective & be content with a steady rise over long period of time in your Bankroll.

 

Win The Week
One has to keep score during a long season. Make sure you have a plan Money & Game Management plan to ‘win the week.’ To be successful you simply have to have more winning weeks than losing weeks. Concentrate on winning the week & the season will be profitable for you.
The Draw Down Keep Your Bankroll In A Box
Example: Starting with a little as $1,000.00, your goal is to methodically win $2,000.00 which makes your new total bankroll $3,000.00. When you reach $3,000.00 draw down to $1,000.00, take profit of $2,000 and restart process at $1,000.00. This allows Bettor to keep perspective & ‘remain disciplined ‘ when placing your bets. In other words, bettors tend to lose perspective when working with a larger bankroll and play looser. Set a goal to win $2,000.00 five times instead of 10,000 all at once. STAY IN THE GAME!


BE AWARE OF YOUR SURROUNDINGS
The nature of sports betting is streaky for all. Play the hot streaks, when Lady Luck is in a bad mood, step away until you notice the losing streak has passed. Don’t fight Lady Luck and live to play another day. After a great week, even consider passing following week not to give back your winnings. Never let your money get mad or chase after a losing betting session. Stick with your plan.


Handicapper - Select your Handicapper the same way you would select your Surgeon DO YOUR HOMEWORK
Eliminate ‘Boiler Rooms & Snake Oil Salesmen by selecting Handicapper with honesty, integrity & WORK ETHIC including:

  • 20 -25 years experience - weeds out the short term crooks.
  • Database Handicapping requires an aged database to dig below the surface mining handicapping info that repeats.
  • Write Ups PROOF OF WORK & insight of decided advantage, know what a quality Write Up looks like. Ex: See Victor King’s.
  • Transparency- running 30 / 90 day record win or lose
  • Annual Late Service with ‘Built in Money & Game Management’ Don’t jump around , give your handicapper a full season

It is penny wise and pound foolish for Sports Bettors not have a professional handicapper. Levels of handicapping vary greatly. Compare your level of handicapping to Marc Lawrence and Victor King, ( Read a Victor King Write up- it’s amazing) if it falls short be willing to check your ego at the door and depend on whom is truly doing the best work. Marc & Vic meet all above criteria & nobody works harder or smarter exceeding customer expectations 12 months per year, every year in every sport. Marc & Vic can be reached at 800-321-7777 / www.playbook.com .


Remember, LUCK HELPS THOSE WHO HELP THEMSELVES. Become a ‘Bet Application Expert’ FIRST & stay in the game year to year!