Sports Gurus

By Tobias Robinson- Arbitrage Spy Review

In any realm of professional betting, from fixed odds betting to horse racing, maintaining high quality records should be a priority.

The value of keeping detailed records when embarking on a career in professional gambling is huge. It is an area of discipline which is often overlooked when discussing betting as a profession, because it is one of the least glamorous elements to successful betting. It is however, one of the few things that all professional gamblers will have in common, regardless of their chosen area of expertise.

Why Betting Professionally Requires Good Record Keeping

The most obvious reason to keep records is to monitor performance. Any winning payouts will normally include the original stake, which is where the picture can become clouded. Only part of the payout is profit, and without proper records, it is easy for optimistic punters to believe they are doing much better than they are.

Alan Potts, a seasoned betting professional, reinforces the point in his book The Inside Track; “[Not Keeping Records] offers a losing punter the opportunity to deceive himself, if nobody else, that he isn’t really losing at all”

A record of past performance can also help during the challenging times, of which there will most certainly be some. It is reassuring to look back on previous profitable periods when enduring a seemingly endless streak of losses. Keeping a calm, rational outlook during adversity is a pre-requisite for anybody considering betting as a profession.

Analysing Betting Information

Another important reason for good record keeping, is analysis. Referring back to past bets can not only highlight costly mistakes to eliminate, but equally, pinpoint areas of profit. The ability to identify strengths is often harder than spotting the losing habits, and long term, that ability will prove just as cost effective. It can also create other opportunities, such as revising betting plans in order to maximise profit.

David-Lee Priest, another betting professional, regularly analyses his past performance, and results generally, in order to spot potential betting opportunities. In his book Against The Odds, he prints a list of “Essential Betting Practices”, which includes; “Keep records and analyse your own strengths and weaknesses to learn from them”.

Examples of Professional Betting Analysis

Grouping results by the odds (or price) can often reveal strengths or weaknesses within certain price ranges. Many horse racing professionals have certain guidelines for their betting, in order to ensure they are betting optimally. A minimum price for any selection is almost always one of them. Clive Holt, a horse racing specialist, quotes his own maxim “9/4 to play, 5/4 to lay” in his book Profitable Winners Always Back Value Winners.

Betting with Fixed Odds on Football might require analysing specific competitions – Is performance superior when betting on La Liga or the Championship compared to the Premier League? The analysis need only be limited by the size and quality of the source data. Professional gamblers universally keep meticulous detailed records and revisit them on a regular basis.

Successful Professional Betting Requires High Quality Records.

Many books written by established, successful betting professionals, stress the importance of keeping detailed records of all their bets. The long term value of this unglamorous task should not be ignored by anyone trying to improve their betting – whatever the ultimate level of their ambition. Analysing the data should also become a regular occurrence. New trends may appear or bad habits may have crept into any selection methods. Data should be revisited often in a bid to stay ahead of the game.

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The NFL preseason can be very profitable to wager on. However many betters have no clue how to wager a NFL preseason football game. Many times football betters treat the preseason like the regular season and lose. Betting preseason football is entirely different than betting on a regular season game.

The NFL is truly the most popular sport in the United States. There are many reasons for this but that is not what is important. What is important because the NFL is so popular and tempting to wager on that many fans will not wait till opening day in September to start their football betting. Many fans will start betting in NFL games as soon as the NFL preseason starts. It is important preseason or not that you follow a football betting system.

Now if you are one those who loves the NFL so much that you will probably start betting in the preseason then there are a few tings you need to understand. Betting NFL preseason is very different than betting regular season games. We all know these are exhibition games where many unknown players are getting large amounts of play so the coaching staff can decide the fate of the player. This scares some people away from betting because they are not familiar with the unknown players. You can still make money on the preseason games but you must change your handicapping approach.

In the regular season the philosophy is that the best team shall win the games. This may not apply in preseason ball. When making football picks you need to research and discover which teams put more emphasis on winning and which teams traditionally fail to win preseason games. Let me give you an example.

Coach Jack Del Rio of the Jacksonville Jaguars is 18-10 straight up and 17-11 against the spread in preseason. Unfortunately last year in 2009, the Jags were just 1-3 straight up but only lost by a total combined 5 points in those 3 losses. Since Del Rio has been coaching the Jaguars they have always played well and usually win their preseason games. As a dog in the preseason the Jaguars are nearly perfect. Factor in that the Jaguars lost and failed to cover the last 4 games of the 2009 regular season makes them an interesting team to look at when the 2010 preseason starts.

To some coaches the preseason is about starting a winning streak and creating a winning atmosphere. Other coaches will lose the game simply because they are determined in playing weak unknown talent rather then make a few simple player adjustments to win the game. It comes down to just how important is it for a certain coaching staff to win a preseason game or to play their unknown players regardless if they can win or not.

New team coaches usually are eager to get that first win. Many times a new coach will make the first preseason game a priority to win in order to start a winning mentality. We have 3 teams with new coaches this coming 2010 season. The Washington Redskins with Mike Shanahan, the Seattle Seahawks with Pete Carroll and at last the Buffalo Bills with Chan Gailey. Look for these new coaches to make winning that first preseason a priority over everything else.

Sportsbetting is huge business in and outside of the legal Nevada sportsbook With so many people eager to wager on sports it is no surprise that many mistakes are made the average better preventing them from making a profit.

This article is not to teach some unique betting angle but to remind you how important it is to follow a set rules when wagering in sports. So many times I see a person believe they have either inside information or a play that can’t lose sop they bet ten times their normal wagering and then lose the bet. Even if they win the bet chances are they will continue to make risky betting maneuvers until the money is gone.

Money management is so important to sports betting yet very little is ever mentioned about it. Selecting the right side in a sports competition is only half the job. Placing the appropriate amount of cash on the bet is just as important. I personally know of individuals who on Sunday full of games can select 5 out 7 winning teams and still lose a large amount of money.

Here are a few things you should be aware of in order to be a winning sports handicapper. First you need to have a sum of money to set aside as your bankroll. This money must not be money from you living expenses. Gambling with the rent money only makes if more difficult to select the right as the stress and fear of losing may affect proper decision making. Once you have your bankroll you then take the amount and multiply it by .05 or 5% to determine you betting unit. Your betting unit is the amount of an average bet. You never want to bet more than 20% of your bankroll on a single game or group of games. In other word, your 20% of the bankroll in total allowance for that day’s action.

Let me demonstrate this procedure. We will assume that we $1000 for our bankroll. That is money that is not needed for any of the current living expenses so instead of letting money sit in a saving account we are going to try to turn a profit with it. Now lets take $1000 x .05 (5%) = $50. This $50 is out betting unit. Now remember, we never want to wager more than 20% of the bankroll on a single game of groups of games. $1000 x .20 (20%) = $200. So our betting allowance for the day is $200. If we have a strong play we can bet as high as the $200 or we could make 4 separate bets of $50. Get the picture, there are many combination of bets the main thing is not to exceed $200 during the day.

Very few people follow such a simple procedure. They will bet the entire $1000 during the day not allowing any room for losing. Some will even bet a series of parlays which if hit pay nicely but the risk is just too great. If your follow simple money management like this the chances of turning a profit are common.

Betting on NFL Football games is common event on Sunday Afternoons. Most people wager in some kind of way whether it be for fun or for profit. There are many professionals handicappers out there that will sell you their picks. I say forget about them and make your own football picks.

I reside in Las Vegas where football betting is not only legal but an important part of our local economy. There are numerous sports books all over town and come this fall on Sundays they all will be packed with people. Just about everybody has a favorite NFL team and they usually will want to wager on that team.

There are many professional sports handicappers that will sell you their picks. You can purchase their preferred plays individually or in a package deal. They claim to have that extra something that produces you a winning pick. They also can charge a high price for their service. I am always amazed by just home many people use these services over and over again. Would it not be nice if you could have their handicapping system then you could determine the winning plays and not cough up money every week to get their football picks.

Most football betting systems include team power ratings, historical data and current trends to select the winning side. Now there are many different formulas to use in calculating power rating. None are perfect they are just used to give the handicapper some idea how the teams currently rank. Other factors like game location, injuries and revenge factors are hard to figure into power ratings. You not need to figure out your own power ratings as there are many posted from various sports sites. For the most part they all have similar numbers. When things begin to change is when you apply all the variables to the ratings.

Every match up has variables that can not be overlooked. As a football handicapper you need to apply injuries, past match ups, home field advantage and motivational factors to your power ratings. Some teams handle injuries better than others so you must be knowledgeable about backup players. Consider all past meetings the two teams have had recently. Revenge is huge in sports. Some teams are nearly unbeatable at home. You need to examine if their stadium is unique and creates a great advantage over other stadiums. Then there is the motivational factor. Some teams are in a trap within their schedule that affects their play. For example teams that lose on Monday Night Football on the road now have a short week to take the field again come Sunday. Always consider the games prior to and after the week of football you are handicapping. Power Ratings are a necessity but do not handicap by powers rating alone.

This is just small taste what an effectiveFootball betting system contains. You never want to over analyze any part of the game but you must be aware of all the variables and how they relate to that match up.

Thinking of becoming a sports handicapper? There are many successful sports handicappers out there. They make it look easy and most of all like fun. Just what dose it take to become a sports handicapper?

Most of us love sports. Either we play sports, follow sports or both. Now how nice would it be to earn a living in the sports world. Sports handicapper is a way a person can make a living following sports. Now of course to become a sports handicapper it can be time consuming. There is much to learn but if done properly the rewards are fantastic.

Anyone can become a sports handicapper. There is no college degree required. There is no required certification or course study. It is like a being a salesperson in that some people are just good at it. They have that certain knack that gets it done. Many people no matter what, they can not sell and many people no matter how hard they try can not be a successful sports handicapper. The passion for sports is just one part of the necessary requirements to be a sports handicapper. Many fail to realize this and overlook just how demanding a job sports handicapper is.

A winning sports handicapper not only should love sports but needs to have many developed skills as well. You need to be able to organize. There are thousands and thousand of statistics, trends, betting angles and numerous sporting news events that you need to aware of. Sure the internet makes this possible but you still need to read, analyze and most of select the wining side.

Sporting events happen daily year round. There is no off season. You must always be looking ahead and gathering information. Information is what empowers a sports handicapper to make the right selections. But more than information, sports handicapper must have a proven winning system that they know is battle tested. Could you imagine trying to make sports handicapping selections without following a system. You would be no better than the person who just bets with there gut feeling. A good sports handicapper needs to base their selections of proven numbers and statistics. True the sports betting is affected by emotional play and events but the numbers must be the first priority. Once the numbers have been crunched together then you look at any emotional factors. One must never base a selection off emotion alone yet one must never ignore the emotional side of the game.

There are many sports handicappers out there. The one ingredient they all must have at the end of the day is they must be able to sell. A good sports handicapper must be able to convince the betting public that they will produce the wining pick. Some sports handicappers are very good at this. They may bet better at this then actually selecting winners. A person can handicap all day long and make the great decision but if you can convince anyone to buy your picks than you are not successful.

Not only is handicapping baseball one of the most profitable sports to bet on it is simple to bet. Many people fear betting in baseball because they do not understand the money line concept. Betting a sport that sets the line off a money line is simple for you only have to pick the winner, point spreads do not matter.

Looking to bet on a baseball game? Don’t guess off the top of your head. Get a baseball wagering technique and make profitable selections. The Sports books have a procedure and you need a proven baseball handicapping procedure in order to have any chance.

Baseball betting is huge business. I live in Nevada where according to the American Gaming Association 2.57 billion dollars was gambled on sports in 2009. That only accounts for about 1 percent of all sports wagers nationwide. That is crazy money, too many people are out there betting with no baseball wagering method in place.

Most fans place baseball bets because they prefer to wager on their preferred team. It brings in a greater thrill for the fan. These fans have no wagering procedure in place. They just gamble on their favorite team and wager against their favorite team’s rival. It is probably safe to say that these risk takers do not achieve a living with this strategy.

Now if you are hoping to gain from baseball handicapping then most of all never gamble with your heart and next, use a baseball betting technique. There are so many techniques to forecast baseball. There statistical match ups, trends and revenge factors. A proven baseball handicapping system will account all these variables.

Every professional handicapper uses a handicapping system. This is the base of their business. A baseball handicapping system for a baseball handicapper is like hand tools to an auto mechanic. It is crucial that you obtain a technique in place if you are sincere about winning cash repeatedly.

Not only do you want a baseball betting system but you need to discipline yourself to follow the technique. A good procedure is designed on probabilities and to make use of that you must constantly follow the method. Wandering away from the method will only make winning difficult.

Money management is crucial to any wagering procedure. You need to begin with a bankroll and only bet small portions of that bankroll for each chosen game. Never go bet the bankroll and bet the house on a single event. So numerous people after a few loses will bet the remains of their bankroll on a single competition. If they lose then it’s all over. If they cover, well they are still alive until they stumble in that predicament again. They will falter simply because they are not following a baseball wagering method.

It is still early in the 2010 season but we have had a full month of games. Looking back at the last 30 days I can see some trends have flourished. Now a good baseball handicapper is always looking for a trend or streak along with the usual baseball statistics to make an accurate prediction. Here is what I see so far.

I am always looking at betting totals and I see a few worth while trends in full swing. Let’s take a look at the Arizona Diamondbacks. Now this team can score runs. Out of their first 24 games this season, 17 games have gone over the total number making their record on over plays 17-6-1. That is 74% of their games have gone over. This record leads all baseball teams right now.

Let’s break that down some more. The Diamondback while at home, 8 of 12 games have gone over the total or 67%. A little less of a percentage than the stat on all games played but still good enough for second place in all of baseball. On the road as a visitor the Diamondbacks lead baseball with 9-2-1 record against the total number. That is an amazing 82% of the time the runs goes over while playing on the road.

We can break it down even further. The Diamondbacks versus right handed starting pitcher are 12-6 or 67% over the total for all games played. Now it gets better, against a starting left handed pitcher the record is 5-0-1 or 100% over the total number. The Diamondback are definitely a team that is prone to go over the total regardless who and where they play. However, the chances are greatest of going over when playing on the road versus a starting left handed pitcher. This based on all their games played up to May 2, 2010.

The Diamondback just finished a series with the Cubs at Wrigley Field and now are heading to Houston to play the Astros. Looking at the Astros starting pitchers, I can see Wandy Rodriguez is a left handed pitcher. Rodriguez is currently 1-4 over the total number. You see that 1-4 mark and think well Rodriguez pitches low scoring games. Not necessarily true, in his first two starts his team the Astros scored zero runs. Out of all five of his starts the Astros only scored 9 runs all while they allowed 22 runs in those 5 starts. Astros just are not hitting the ball right now and the Diamondbacks are hitting very well.

The Astros while playing at home are 6-8-1 against the total or 43%. The average total runs scored in Astros home games is 8.5 and the average runs score in Diamondbacks road games is 12.8. Needless to say I am anticipating the line posted on the total this week when Wandy Rodriquez gets the start. Minute Maid Park in Houston typical is a pitchers ballpark and the total scores are on the low side. So, I am only interested in betting the total over in this series when Rodriguez, a left handed pitcher gets the start. According the Astros website, Rodriquez is the probable starting pitcher, for Thursdays May 6th match up with the Diamondbacks

Wagering on baseball is not only exciting, it is a great way to earn some extra money. Baseball has many advantages over the other major sports. Baseball is filled with numerous statistics, trends and betting angles making is necessary to have a base handicapping software in place.

One of the greatest reasons baseball is profitable to a sports handicapper is all the specific trends and statistics. No other sport breaks is down like baseball. To be able to manage and analyze all this data you really need to invest into a baseball handicapping software. They are many available software packages or you cold even create one of your own. The main thing is that you use software that utilizes a proven formula. This formula needs to make use of all the common baseball statistics.

Baseball Handicapping software is crucial for make easy process to view individual stats on all the players. When handicapping baseball, it is necessary that you log all the starting pitchers. You need to list the date, innings pitched, day or night games, stadium and so other secondary information for each pitcher. Once all this data is stored then you can really compare the two stating pitchers with detailed statistics. Many people who bet on baseball will just look at the overall ERA or win loss record. With a good software product you can examine the pitchers ERA on day games or by site such as Fenway Park.

Hopefully your software will have historical data from previous seasons. Then you can analyze a starting pitcher versus each individual batter in the starting lineup they will face. By doing this you will see that certain batters seem to always get the better of certain pitchers. Now if the batter is a popular player, the media will talk how they seem to own that pitcher. However, many times it is a unpopular batter that owns a pitcher and that might not be news worthy. But to a baseball handicapper it is critical.

It is important to understand that players stats will change from stadium to stadium, team to team. Stadiums play a huge part in baseball handicapping. Dome stadiums are more pitcher friendly as there is no wind to help carry the ball out of the park. One of the biggest variables for setting the line at Chicago’s Wrigley field is the wind conditions. Yes a lines maker will alter the number depending on the wind conditions. Handicapping software makes all this possible for in will constantly check the variable that we may overlook.

Since baseball handicapping focuses heavily on the starting pitchers capabilities. It is only feasible that to be successful you would need to log all the pitching stats possible. Then analyze these stats and trends to determine a logical outcome. With time so crucial as games are played almost daily. A base handicapping software package is mandatory in today’s world.