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Differences Between A Professional Bettor and an Amateur Bettor

Casual bettors rarely make any money off their hobby. The same applies to bettors that are fairly sharp and those who wouldn’t know a winner even if they had their lives on the line. It’s also not bad. The sportsbooks wouldn’t survive as often as they do if everyone won. And bettors might run out places to bet. Most bettors aren’t interested in making long-term profits. The bettors enjoy the action of games, and not for investment purposes. They are more likely to wager on games that they watch, such as the Super Bowl and the NCAA Tournament 2up sports.

Many in the gambling industry believe that money management is as important as selecting winners. This is not wrong. However, using buzzwords such as money management or describing complex concepts like positive expectation and isolate a percent of your bankroll doesn’t do much to help most bettors. The essay won’t help you if your sole purpose is to bet for amusement. Here are a few tips to help you become a more successful sports gambler and generate a profit over time.

Don’t Bet on Bad Numbers
Professional handicappers understand the importance of the half-point. For example, on a college basketball Saturday card, six of the games will be decided or lost by just a single point. The pro bettors are on the winning side in almost all of these decisions. Professionals will bet on the right side of the decision. Pros will spend extra time shopping around to find the best numbers at several sportsbooks. Pros will ensure they have enough money in different accounts so that bets can be placed at the best place at the line. Pros will know which way the line is most likely to go, and can capitalize on an advantage number.

These calculated moves are what a professional does, so they will more than likely win close games. A professional who makes 20 wagers each week can easily gain 10 to 15 extra wins and 10 to 15 more pushes by simply betting on good numbers. The bettor can increase his return by 40-60% if he bets a modest 2 percent of the bankroll per play. Here is an example of how you could earn money one-half point at a given time.

Parlays are not as popular.
The vast majority of professional bettors place straight bets and not parlays. The number of amateurs that straight bet is less than 50/50 and many do not. The straight bet, however, is what the pros rely on. They are happy with a return of investment on a 12-8 week or a 3-2-1 day. The professionals are looking for long-term success and don’t always want the immediate score of parlays. Many amateurs are lured in by winning parlays and the large payouts they provide. They conveniently forget that slow and steady wins will bring more profits.

Straight bettors enjoy taking more wins than losses, as it means they will make a profit each time. The outcome of this bet would make parlay wagers unhappy. It’s no accident that parlay cards are prominently displayed in every Las Vegas sportsbook. In Las Vegas, parlays make up the majority of revenue. This is not to suggest that professional bettors don’t ever go for long shots. They do this, but only with a smaller portion of their bankroll.

2) Focus on Box Scores and Less on Final Scores
The final score can be used to make all sorts of incorrect assumptions. Without reading recaps of games and box scores you have no clue what actually happened or the form of each team. After the games, handicapping is key. Do you know what to expect and how did it turn out? Which events are more likely to occur again and which ones are an anomaly.

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