Educated Bet – The Science of Sports Betting

CAN YOU WIN BY BETTING AGAINST THE PUBLIC ?

You can not win betting against the public.

Back in the early 80’s, I use to bet against the public to win money betting on sports.

Here was my approach that got me no where. I had a friend that was a bookmaker. We use to get a consensus of his players by making a mark next to the team his players would bet on.

Then we joined a consensus service of the top handicappers in the nation( I know now these handicappers were just marketing genius’s that knew nothing about beating the point spread).

Anyhow, our next approach would be take a public consensus on the parlay cards my friend would sell. I am sure you know about these cards, the one’s you have to pick at least 4 winners to win

Then we would add everything up and come out with our plays. We would have some weeks that we won so many games we really thought we were on to something. We always kept track of our wins and losses but never could we win over a long time period.

People always think all you have to do is get a lopsided count on one team and bet against it. Believe me, all you will do is hit in the 45 to 50 % range. Over time you will end up losing like most of the squares your betting against.

Handicapping sports takes time, accurate and precise stats and money management. Wins or losses over a weekly or even monthly period does not equal success.

Like any other business success is measured over time. That usually equates to years. That is why we stress money management and patience. Believe me we are on a losing streak of 5.55 units but all of our clients are learning that this is a marathon not a sprint.

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