Betting Sports >Setting Expectations

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The Proper Betting Mindset
From: Mr. Bling

Betting sports is a game of skill. The challenge is to gather and analyze as much information as you can about the sporting event, weigh the probabilities of each team winning, and subsequently compare your opinion to the oddsmaker's. Make the right judgment and you win. It's as simple as that.

While luck, or bad luck, may be a deciding factor in the outcome of any sports betting event, and will inevitably affect you on occasion, it will balance out in the long run. Being a consistent winner of sports betting online, is not about luck, but instead, results from three factors:

1. Investing the time and effort to become knowledgeable about the sports you bet on.


2. The ability to understand and weigh all the pertinent variables in a smart, non-emotional, objective fashion.


3. Adopting a consistent, disciplined, long-term approach to a betting online system or strategy.

Do all these effectively, and you will come out a consistent winner.

Remember, it's you against the oddsmaker, not the bookmaker. The bookmaker is simply a middle-man who operates on a small profit margin. Ideally, he likes to see half the money wagered on one team and half on the other, assuring him of a profit. If too much of the money goes on one team, the bookmaker will move the line, or point spread, to encourage bets on the other team in an effort to balance his book.

The person you are attempting to beat is the oddsmaker, and his views on each team's chances. Just by flipping a coin you will be right 50 percent of the time. At odds of 10/11, only 52.4 percent of your wagers have to win, for you to overcome the bookmaker's profit, and break even. Therefore, you need only a very small edge to become a winner at sports betting online.

Ultimately, your goal is to be profitable, so don't get greedy. By doing your homework, and betting sports selectively, a 55% win rate is definitely achievable. However, 60-65% is a more realistic goal, and at this level you will have an extremely enjoyable, and profitable betting online venture.

sports betting online