Sports investing is a very disciplined method of wagering on sporting events. The principles of sports investing teach you to manage your funds to maximize your profit while minimizing your risk.
Gambling on the other hand typically involves spur of the moment betting decisions that are often based on hunches, feelings or unrealistic expectations.
You have to treat this arena as a business by first determining a comfortable bankroll amount. This money must be funds that will not affect your living situation. Sports investing losses should never interfere with bills you have to pay or any other financial obligations.
A good sports investor will do his homework and adhere to a stict criteria and a set of defined parameters. He always bets the same unit on each game and focuses on long term success.
Sports investors are methodical. Gamblers tend to lose control and become reckless.
Call or email me if you have any sports betting questions.
George
703-217-0805
gak555@yahoo.com
Thursday, July 22, 2010
Tuesday, July 20, 2010
Why Sports Books Hate Baseball
Part of the following was taken from an article written by Aaron Schudiner who writes for Covers.com
"It’s the slowest part of the sports betting calendar. Baseball is the only game in town and it doesn’t take a backseat until football season arrives in September. "
You’d think bookies would be thanking their stars that America’s pastime was keeping the action alive during the dull summer months. But that’s not necessarily the case.
“It’s by far my least favorite sport to book,” says Peter Childs, an oddsmaker with Belmont.com. “Other than the three-day All-Star Break, we’re talking about a sport that is played every single day for six months. It can take a toll on any bookmaker.”
It's not just the length of the campaign that turns oddsmakers off to Major League Baseball. Public bettors, who show up in droves during the football season, are nowhere to be found in July and August. So the lines makers end up working harder for a sport that will bring in less gambling revenues.
“The only true money that comes in on baseball is sharp money,” Jay Kornegay, Executive Director of Race and Sportsbook at the Las Vegas Hilton, told ESPN’s Chad Millman.
In spite of its long season, baseball is the sport that is the least bet of the big three.
_______________________________________________________________________
The above article represents the very reason why betting on baseball makes sense. This is particularly true when you bet the first five innings of a game on the money line. Our goal is very simple - TO MAKE MONEY.
It is easy to find weak spots when you have so many games to pick from. We simply look the the right situations where our team has a very good chance to be ahead after 5 innings. If you are a little confused as to why we play just the first 5 innings of a baseball game on the money line, don't worry. It's my job to make sure clients do the right thing.
"It’s the slowest part of the sports betting calendar. Baseball is the only game in town and it doesn’t take a backseat until football season arrives in September. "
You’d think bookies would be thanking their stars that America’s pastime was keeping the action alive during the dull summer months. But that’s not necessarily the case.
“It’s by far my least favorite sport to book,” says Peter Childs, an oddsmaker with Belmont.com. “Other than the three-day All-Star Break, we’re talking about a sport that is played every single day for six months. It can take a toll on any bookmaker.”
It's not just the length of the campaign that turns oddsmakers off to Major League Baseball. Public bettors, who show up in droves during the football season, are nowhere to be found in July and August. So the lines makers end up working harder for a sport that will bring in less gambling revenues.
“The only true money that comes in on baseball is sharp money,” Jay Kornegay, Executive Director of Race and Sportsbook at the Las Vegas Hilton, told ESPN’s Chad Millman.
In spite of its long season, baseball is the sport that is the least bet of the big three.
_______________________________________________________________________
The above article represents the very reason why betting on baseball makes sense. This is particularly true when you bet the first five innings of a game on the money line. Our goal is very simple - TO MAKE MONEY.
It is easy to find weak spots when you have so many games to pick from. We simply look the the right situations where our team has a very good chance to be ahead after 5 innings. If you are a little confused as to why we play just the first 5 innings of a baseball game on the money line, don't worry. It's my job to make sure clients do the right thing.
Thursday, July 8, 2010
Handi-Scammers vs Handi-Cappers
P.T Barnum once said “there is a sucker born every minute.” That is particularly true if you relate it to betting. Many people just do not have the time to make their own betting selections so they rely on a handicapping or pick service. There are some good services out there, but be careful as there are also a lot of scam artists.
You can spot them by the outrageous claims they make. They are usually much better marketers than handicappers. All too often folks get suckered into believing the advertising from what I call handi-scammers. People fall for these ads because they are usually motivated by greed and these scam artists play right into their weakness.
Those who claim to be in possession of some exclusive classified information that will absolutely and positively decide the outcome of a game are simply lying. Also, when you see a label given to any one game such as lock of the year, 50 star play, or a sure thing, RUN, don‘t walk away. The people that make these claims plain and simple are not legitimate.
One of their most common tactics is to give out both sides of a game and thus, ensuring 50% of the callers will receive a winner and as a result, those 50% will fork out more money next week.
The following week they’ll do the same and now 25% of the people that they initially contacted have gone 2-0 and are now ready to hand out big bucks. Hopefully, you’ll be one of those people that went 0-1 and won’t be conned into dishing out more money.
A variation of this is the you only pay if you win. Again, they are using the exact same tactic mentioned above by giving out both sides of a game, knowing that half of the people will, in fact, win. If you lose you don’t have to pay them but you still lose money because you lost the bet . If you win and have to give them a percentage of your winnings it raises the percentage of wins you need just to break even.
Here is another almost comical ploy that these scammers use. If you happen to get on their mailing list you may receive a full schedule for the NFL season. Well if you flip through the schedule you will see that they often will already have highlighted locks or specific blowout games for
two or three months in advance. Are they so clairvoyant to know which game will be the lock of the week two or three months down the road ? I don’t think so.
There are legitimate handicappers out there that you can use if you do not want to go through the work of handicapping your own games. First of all , you should never pay more than 1% of your normal betting amount for a play. So if you normally bet $100 per game you should pay no more that $1.00 per pick. That’s in stark contrast to the $10-$50 or more per play that the so called Gurus often charge for their picks.
Also, do not go with someone that has a short time period of success. Anyone can get on a hot streak. In line with this, beware of sports services that spend a lot of money claiming how great they are. These services make a ton of money signing up clients, but it is usually the client that loses because they get caught up in the hype.
You will be much better off going with someone that is consistent, reliable, honest and obviously good. Look for handicappers that charge a reasonable amount and that do not make pie in the sky promises. Ask a handicapper if he has ever had a losing month. If they tell you NO, you can be sure they are not being truthful.
George Kallajxhi
703-217-0805
gak555@yahoo.com
You can spot them by the outrageous claims they make. They are usually much better marketers than handicappers. All too often folks get suckered into believing the advertising from what I call handi-scammers. People fall for these ads because they are usually motivated by greed and these scam artists play right into their weakness.
Those who claim to be in possession of some exclusive classified information that will absolutely and positively decide the outcome of a game are simply lying. Also, when you see a label given to any one game such as lock of the year, 50 star play, or a sure thing, RUN, don‘t walk away. The people that make these claims plain and simple are not legitimate.
One of their most common tactics is to give out both sides of a game and thus, ensuring 50% of the callers will receive a winner and as a result, those 50% will fork out more money next week.
The following week they’ll do the same and now 25% of the people that they initially contacted have gone 2-0 and are now ready to hand out big bucks. Hopefully, you’ll be one of those people that went 0-1 and won’t be conned into dishing out more money.
A variation of this is the you only pay if you win. Again, they are using the exact same tactic mentioned above by giving out both sides of a game, knowing that half of the people will, in fact, win. If you lose you don’t have to pay them but you still lose money because you lost the bet . If you win and have to give them a percentage of your winnings it raises the percentage of wins you need just to break even.
Here is another almost comical ploy that these scammers use. If you happen to get on their mailing list you may receive a full schedule for the NFL season. Well if you flip through the schedule you will see that they often will already have highlighted locks or specific blowout games for
two or three months in advance. Are they so clairvoyant to know which game will be the lock of the week two or three months down the road ? I don’t think so.
There are legitimate handicappers out there that you can use if you do not want to go through the work of handicapping your own games. First of all , you should never pay more than 1% of your normal betting amount for a play. So if you normally bet $100 per game you should pay no more that $1.00 per pick. That’s in stark contrast to the $10-$50 or more per play that the so called Gurus often charge for their picks.
Also, do not go with someone that has a short time period of success. Anyone can get on a hot streak. In line with this, beware of sports services that spend a lot of money claiming how great they are. These services make a ton of money signing up clients, but it is usually the client that loses because they get caught up in the hype.
You will be much better off going with someone that is consistent, reliable, honest and obviously good. Look for handicappers that charge a reasonable amount and that do not make pie in the sky promises. Ask a handicapper if he has ever had a losing month. If they tell you NO, you can be sure they are not being truthful.
George Kallajxhi
703-217-0805
gak555@yahoo.com
Monday, July 5, 2010
Difference Between a Trend and a System
I recently read on one of the forums I follow about a great new system that someone came up with. The gentleman’s system was simply to take the NY Yankees every game on the run line (this means they would have to win the game by two runs).
He based his system on the fact that this year the Yankees on the run line through May 14th were 22W-12L on the run line. That is very impressive.
Unfortunately from May 15th through July 4th the Yankees were only
19W-27L on the run line even though they had a winning record during that time.
If you read one of my earlier posts on run line betting you will see that in time, it is not a money maker. The reason is because there are so many one run games in MLB.
A trend is a short term series of events that typically is spread over 100 games or less. Trends are meaningless and often times they are team specific.
A system on the other hand is typically based on 1000 or more games and can never be based on just one team. It needs to be based on the whole league regardless of which sport you are dealing with. Keep that in mind next time someone has a great discovery that is based on a statistically insignificant number of games or on the results of just one team.
Systems can work, trends cannot.
He based his system on the fact that this year the Yankees on the run line through May 14th were 22W-12L on the run line. That is very impressive.
Unfortunately from May 15th through July 4th the Yankees were only
19W-27L on the run line even though they had a winning record during that time.
If you read one of my earlier posts on run line betting you will see that in time, it is not a money maker. The reason is because there are so many one run games in MLB.
A trend is a short term series of events that typically is spread over 100 games or less. Trends are meaningless and often times they are team specific.
A system on the other hand is typically based on 1000 or more games and can never be based on just one team. It needs to be based on the whole league regardless of which sport you are dealing with. Keep that in mind next time someone has a great discovery that is based on a statistically insignificant number of games or on the results of just one team.
Systems can work, trends cannot.
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