Monday, March 2, 2020

Sports Betting and Sports Business

I decided to give the bettors some of the things I look for when I handicap games in Las Vegas, I can't share everything but I'll give you three keys that will increase your profits. My sports betting trifecta.



Key Number One is Don't believe the Hype! If you see a betting service that tells you they are hitting at a 75% rate or higher they are not being real with you. Sports betting is an up and down proposition. Hitting games over a period of a month at a 54 to 58% rate is good.. If you bet regular intervals and practice money management, you can stay alive. Any service that you pay for is merely eating into your bankroll. 

Key Number Two is do your homework before you bet. Look at things like trends, sub samples of last 5 to 10 games played and injury reports. If an event take place more than 60% of the time with a sample size of 8 or more it has validity. I tend to go with than against a trend. 

Key Number Three is bet what you know. I don't bet preseason or exhibition games. I don't bet XFL games just because I like to bet football. That may change but I want to see more and have more data before I start wagering. Save your money for NBA,NHL and March Madness respectively.



I will end this post with Sports Business information about the ECGC in Atlantic City. This event is not until April but if you act now you can obtain an early bird rate prior to April 3rd. I plan to cover this event but nothing compares to being there. You will get information from the top Gaming CEOs, the view from Wall Street about the gaming industry and how esports will play a role in the casinos. 

Check out my next post this week in Bettors Insider.  If you want me in real time you can follow me on Twitter, Facebook, Pinterest and Instagram for updates!