sports betting is for winners!

[duffman]

Okay, I'm new to forums but have been researching betting for quite a while now. After reading a post from 'goodolegill' on the football forum about sports betting being for fools, I'm interested in sharing my strong opinion on only way to make money from sports betting and also how to become lucky. So to be narrow-minded for a minute, I believe there are 2 types of punter 1. Those who bet to try and win money 2. Those who bet socially out of interest – winning is a bonus If you're in category 2 then fair play, there's no harm in that. But you're never going to win over time. However, if you are in category 1 and you stake money with the bookmakers on bets without caring what the odds are, then you really are a fool... Bookmakers and casinos are minted because they are continuously betting against you with the maths in their favour. For example:

1. Bookies creating a market will decide that the probable chances of a team winning is 7/4 and will then offer you 6/4, taking their cut. So even if they lose, they will still win over time offering 6/4 when the real chances are 7/4.

1. Casino's (taking roulette for example) make you bet 50/50 on red/black on a casino table when the actual chances are 47.37/47.37 (taking into account the green 0's), and will keep that small percentage for themselves each spin.

These percentages add up big-style over time so my point is: The only way to win in betting is to continuously bet on odds that are in your favour. That's what bookies do, that's what casino's do. So, the way to make money this way is.. Step 1/ Only bet when you think you know something most people don't. Then use your knowledge to pick out associated markets. This doesn't have to be something as obvious as a goalkeeper injury but may a differing opinion to others as regards team confidence, players condition or motivation. You might notice things by mere observation(become an expert), or find them from someone else's stats/analysis/opinion (get the most info you can). Therefore, if you're inkling is correct then the odds should be slightly higher or at the very least equal to what they should be. Step 2/ Get the best price available using an odds comparison site (p.s. pay attention when a bookmakers odds are significantly better than exchange odds – the exchange odds always take into account the latest information). An old betting fable...say you bet on a coin to land on 'heads' at the unfavourable odds of 4/5. It lands on 'heads' and you win. Was this a good bet? Answer: No,....if you do the same bet a hundred times you will eventually come out a loser. So the moral is..if you continuously bet on favourable odds you will eventually come out on top.

[aliando]

Re: sports betting is for winners! :welcome to PL duffman great first post and looking forward to your thread here - good luck! :ok