Thursday, September 9, 2010

Why Betting on Football will be Profitable

As many of you know, we will be betting on first half money line underdogs in College Football and the NFL. I want to use tonight's opening NFL game between the Minnesota Vikings and the New Orleans Saints as an example of how profitable football betting will be for us.

The point spread for the first half of tonight's game was Minnesota (+3 -110). So if you wanted to win $100 you would have bet $110. You pay a price for that
3 point buffer, and most people do in fact bet the point spread.

However, the money line for the Vikings was +160 for the first half. Points do not matter when betting the money line. If you would have bet $100 on Minnesota, you would have won $160. THAT IS PROFOUND, and the secret to our success.

If we average +150 on our first half money line bets, we would only need to be leading at the half 40% of the time to break even. Everything above 40% is pure profit.

We are not in the prediction business, we are in the probability business.
Our goal is to find favorable spots where we feel that we have a 50% chance of being ahead at the half.

Regardless of what you may think or read, no one can predict exactly what will happen in a sporting event. Tonight, it looked like New Orleans was going to coast to a 7-3 halftime lead. Instead, Minnesota scored a touchdown in the last two minutes(they missed the extra point) and ended up with a 9-7 lead. So Minnesota bettors won their first half bet.

If you held a gun to my head and asked me what the score would be at halftime, I would have said New Orleans 14 - Minnesota 3. But like I said I do not predict scores. I look for favorable probabilities.

We will have tough loses and fortunate wins. That is part of what we do. Take it in stride, use proper money management and you will be OK.

I look forward to a very profitabe football season.

Regards,

George
703-217-0805
gak555@yahoo.com

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