Many people, particularly those that have recently started still have a lot of questions about the difference between playing a game on the pointspread vs playing a game on the moneyline.
We only play first half moneylines because you make more money that way. The number of points a team is leading by or is losing by makes no difference. If your team is leading at the half you win the bet. If your team is behind at the half you lose your bet. If the score is tied at the half, you just get your money back as if no bet was made.
The big advantage we have is that when our teams win (we only bet moneyline underdogs), we win more money than if we lose a bet.
Let's look at the last two days of plays to see what happened. Assume that you bet $100 on each game (many people bet less) I am actually referring to Friday and Today as we had no bets on Saturday.
All of these bets were 1st half moneyline bets.
1. Auburn (L) -$100
2. S. Miss (L) -$100 - we were 0W-2L on Friday
3. Buffalo (L) - $100
4. Tennessee (L) -$100
5. Chicago (W) +$135
6. St Louis (W) +$150
7. Jacksonville (W) +$205 We were 3W-2L on Sunday
Some of the above teams ended up winning their games and others ended up losing.
We only care about the first half which involves a completely different set of handicapping guidelines.
Combined for the seven plays we won 3 plays- lost 4 plays and $100 bettors were up $90. That is the beauty of money line betting. We will have great streaks, average performances and losing streaks , however, our goal of averaging at least plus 10 units(a unit is the amount you bet) per month is very achievable if you stick with all of the plays.
I am doing a December special and will gladly send you a free e-book if you so request.
Regards,
George K.
703-217-0805
gak555@yahoo.com
Sunday, November 28, 2010
Wednesday, November 24, 2010
Professional Sports Betting
The definition of a professional sports bettor is someone that bets on sports either part time or full time to MAKE money.
Most casual bettors do not have the discipline to make money consistently. They bet on their favorite teams, double up when they are losing, and look at sports betting as a recreational activity. As long as they do not mortgage the house they know they will win some and lose some. Many bettors really don’t seem to care very much about earning a long term profit.
They like to have some action on games as a form of recreation or excitement, not as an investment decision. Many of these types of bettors are far more interested in TV games and they tend to bet more on bigger games, like the Super Bowl or the NCAA Tournament.
Money management, record keeping and other important concepts just do not enter their minds. They play parlays, teasers and other exotic bets that offer huge paybacks, but which also are statistically big losers. If you are in this category. the sports books love you because you are making them a lot of money.
Professional bettors make the vast majority of their bets on straight money line bets either for the first half or the whole game. My focus on first half money line bets is extrememly profitable
Professionals bettors are in it for the long haul. They recognize that big winning streaks and some losing streaks are inevitable. Think about it, can anyone really predict a game will be won because of a last second field goal or a three point shot from half court. Of course not.
That is why we are in the probability business and not the prediction business.
My point is that if you stick with me and make all of the plays I recommend, you will make money. What is amazing, is that when I get on a hot streak, clients can't wait until the next day to bet. If I hit a dry run, many of them go into hiding until the next winning streak.
That is not smart. You have to manage your money by flat betting and recognize that our method has a built in advantage that will always lead to winnings seasons.
Most casual bettors do not have the discipline to make money consistently. They bet on their favorite teams, double up when they are losing, and look at sports betting as a recreational activity. As long as they do not mortgage the house they know they will win some and lose some. Many bettors really don’t seem to care very much about earning a long term profit.
They like to have some action on games as a form of recreation or excitement, not as an investment decision. Many of these types of bettors are far more interested in TV games and they tend to bet more on bigger games, like the Super Bowl or the NCAA Tournament.
Money management, record keeping and other important concepts just do not enter their minds. They play parlays, teasers and other exotic bets that offer huge paybacks, but which also are statistically big losers. If you are in this category. the sports books love you because you are making them a lot of money.
Professional bettors make the vast majority of their bets on straight money line bets either for the first half or the whole game. My focus on first half money line bets is extrememly profitable
Professionals bettors are in it for the long haul. They recognize that big winning streaks and some losing streaks are inevitable. Think about it, can anyone really predict a game will be won because of a last second field goal or a three point shot from half court. Of course not.
That is why we are in the probability business and not the prediction business.
My point is that if you stick with me and make all of the plays I recommend, you will make money. What is amazing, is that when I get on a hot streak, clients can't wait until the next day to bet. If I hit a dry run, many of them go into hiding until the next winning streak.
That is not smart. You have to manage your money by flat betting and recognize that our method has a built in advantage that will always lead to winnings seasons.
Tuesday, November 23, 2010
Sports Betting is a long term investment
Good Day,
It has been a while since I have been updating my blog posts. I am happy to say that after the car accident I am back at full speed.
1. Sports betting is a lifelong endeavor. You will have winning days and you will have losing days. It still amazes me how much praise I get after a winning streak and how much despair I hear after a losing streak. Gamblers have very short term memories.
2. Sports bettors who take a short-term approach get stuck in a vicious cycle. They build their bankroll, add to it with a hot streak and then eventually watch it go up in smoke when they hit the inevitable skids. The most unfortunate of them do it over and over and over again. Forget GREED. It is a losing proposition. I have had clients blow up their accounts after a good run, only to put an insane amount of money on a bet that either doubles their money or they end up losing everything. Don't do that. Sports betting is intoxicating and poor money management causes many bettors to make stupid decisions. Sports betting done properly is not a get rich scheme. You will make money, but you have to understand we are INVESTING, not gambling
3. The key is to look at the long term big picture. Taking the long term view is not only logical, but it’s also profitable. As an example, have you noticed with every stock pick that you have ever made that 90% of the time the stock price drops before it rises. Surely, there are exceptions to the rule but not many.
4. Think back to the last time you suffer a drop in your bankroll. Did it happen quickly, within a week or even a couple of days? Did it happen shortly after you went on a hot streak? Do you remember suffering a tough beat and then trying to play catch-up by betting a few additional games that you originally didn’t intend to play? It happens. The time after you suffer a bad beat or go through an extended losing streak is extremely dangerous, especially if you’re not taking a long-term approach.
5. Looking over the last three months, we has a great September +16 units and a solid October, being up + 7 units. November has been a tough month as we are slightly down in our account. One good day, and we are back in positive territory One small twist can make the difference. Last night, we has two plays. We won Miami, and we lost Orland by one point. HEY, that is the reality of what we do.
I still expect November to be a winning month as we have experienced some really close losses ( as well as some blowouts, so I just suggest you watch your money management and follow the rules that I have set.
The most successful bettors do the following.
1. Play all of my bets
2. Place 4% on your bankroll on each bet.
3. Increase your bet size to 4% if your bankroll increases.
4. Do not get hung up on daily fluctuations. Our goal is to make +10 units average
per month - +120 units per year. A unit is the amount you usually bet.
5. Set it and forget it. The approach we use WORKS! Just keep making\
the plays and you will make money.
It has been a while since I have been updating my blog posts. I am happy to say that after the car accident I am back at full speed.
1. Sports betting is a lifelong endeavor. You will have winning days and you will have losing days. It still amazes me how much praise I get after a winning streak and how much despair I hear after a losing streak. Gamblers have very short term memories.
2. Sports bettors who take a short-term approach get stuck in a vicious cycle. They build their bankroll, add to it with a hot streak and then eventually watch it go up in smoke when they hit the inevitable skids. The most unfortunate of them do it over and over and over again. Forget GREED. It is a losing proposition. I have had clients blow up their accounts after a good run, only to put an insane amount of money on a bet that either doubles their money or they end up losing everything. Don't do that. Sports betting is intoxicating and poor money management causes many bettors to make stupid decisions. Sports betting done properly is not a get rich scheme. You will make money, but you have to understand we are INVESTING, not gambling
3. The key is to look at the long term big picture. Taking the long term view is not only logical, but it’s also profitable. As an example, have you noticed with every stock pick that you have ever made that 90% of the time the stock price drops before it rises. Surely, there are exceptions to the rule but not many.
4. Think back to the last time you suffer a drop in your bankroll. Did it happen quickly, within a week or even a couple of days? Did it happen shortly after you went on a hot streak? Do you remember suffering a tough beat and then trying to play catch-up by betting a few additional games that you originally didn’t intend to play? It happens. The time after you suffer a bad beat or go through an extended losing streak is extremely dangerous, especially if you’re not taking a long-term approach.
5. Looking over the last three months, we has a great September +16 units and a solid October, being up + 7 units. November has been a tough month as we are slightly down in our account. One good day, and we are back in positive territory One small twist can make the difference. Last night, we has two plays. We won Miami, and we lost Orland by one point. HEY, that is the reality of what we do.
I still expect November to be a winning month as we have experienced some really close losses ( as well as some blowouts, so I just suggest you watch your money management and follow the rules that I have set.
The most successful bettors do the following.
1. Play all of my bets
2. Place 4% on your bankroll on each bet.
3. Increase your bet size to 4% if your bankroll increases.
4. Do not get hung up on daily fluctuations. Our goal is to make +10 units average
per month - +120 units per year. A unit is the amount you usually bet.
5. Set it and forget it. The approach we use WORKS! Just keep making\
the plays and you will make money.
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