How to sports bet like a pro

Learn to Manage Your money Efficiently. Never Let Your Emotions Take Over. Practice Discipline. Be How to sports bet like a pro and Realistic.

Mastering the Art of Sports Betting

As a dedicated sports enthusiast, delving into the realm of sports betting can be both exhilarating and rewarding. Just like a seasoned professional, understanding the intricate nuances of this field is essential for success. Here's how you can elevate your sports betting game and operate like a true pro.

Research is Key

Thorough research serves as the foundation of successful sports betting. Concentrate on analyzing team performance, player statistics, injuries, and other critical factors. Stay updated with the latest news and trends within your chosen sport to make informed decisions.

Bankroll Management

Effective bankroll management is fundamental to sustaining long-term success in sports betting. Define a budget and adhere to it strictly. Avoid emotional decisions and reckless betting that could lead to significant financial losses.

Seek Value, Not Just Winners

Instead of solely focusing on picking winning teams, search for value in betting odds. Look for inefficiencies in the market where odds may not accurately reflect a team's true chances of winning. Making value-based bets over time can lead to consistent profitability.

Specialize and Focus

In the vast landscape of sports, specializing in specific leagues or sports can provide a competitive edge. By focusing on a niche area, you can deepen your understanding and gain expertise that enhances your betting predictions.

Discipline and Patience

Discipline and patience are virtues that distinguish successful sports bettors. Treat sports betting as a marathon, not a sprint. Maintain a rational approach, avoid impulsive decisions, and trust your research-backed strategies for long-term gains.

Monitor and Adapt

Regularly evaluate your betting performance and adjust strategies as needed. Learn from both wins and losses to refine your approach over time. Adapt to changing circumstances in the sports world to stay ahead in your betting endeavors.

In Conclusion

Embracing sports betting with a professional mindset requires dedication, research, discipline, and a strategic approach. By implementing these key principles, you can elevate your betting game and navigate the realm of sports betting like a seasoned pro.

Professional Sports Bettors – How to Wager Like a Sports Betting Pro

Has anyone become rich from gambling? Yes, gambling can make you rich. You've probably seen articles in the media about gamblers who struck it big and made themselves rich in the process. Some of these gamblers won life changing sums of money. For example one sports bettor won nearly £1 million from just a £10 accumulator bet!

How do professional gamblers bet on sports? There are several ways or strategies in which the professional bettors bets on a sport to makes money, this includes analysis of historical data about the sport, the focus on money management, understand when to bet and when not to bet to avoid unnecessary losses.

What percentage of gamblers win money? About 13.5% of gamblers go home from a casino having made any money. This statistic comes from a study of 4,222 gamblers, and only 7 of them won more than $150. Conversely, 217 of them lost over $5000 at casino games. Also, note that those who play more often have lower chances of winning.

How To Be A Professional Gambler – Mentality

Professional sports bettors have been able to do something most of us dream about. They all turned a hobby into an extremely lucrative career. But, with multi-million dollar wins also comes the danger of multi-million dollar losses. But how does someone become a full-time all-star sports bettor?

What are their secrets. And most importantly, who are these sports betting professionals and how did they gain their fame. Our experts take a look and also offer tips to help you become a pro at any online sportsbook. But, all sports bettors have to start somewhere, right. A professional sports bettor is someone who makes a living betting on sports.

That usually means doing intensive research, creating expert betting models, and in some cases, curating weekly picks for their fanbases. In most cases, the most high-profile professional sports betting icons have a solid grasp on bankroll management and use a specific betting system, such as arbitrage betting or middling, to amass their fortunes.

Others have created perfect models that allow them to create double-digit team parlays or find value in overlooked markets. A keen eye for detail is crucial when a bettor wants to turn pro. We all know the names of the best NFL players to step onto the court or the greatest NFL icons to own the gridiron, but who are the top pro sports bettors of all time?

Our experts have compiled the ultimate list of successful sports bettors and why you should know them. Billy Walters began his sports betting career at the age of nine when he took the money he made on his paper route and bet it on the New York Yankees to beat the Brooklyn Dodgers in the World Series.

For some bettors, a loss on their first wager might have deterred them from starting a betting career, but Walters was hooked regardless of the Dodgers win in seven games. In the s, Walters joined the Computer Group, which uses computers to analyze potential sports outcomes. Over the following 39 years, Walters had a year winning streak and only tallied one losing year.

The only problem with that wager is that Mickelson was on that U. Team, which eventually lost the Ryder Cup to Europe. How to sports bet like a pro In the s, Fezzik would spend his weekends betting on football in Nevada, eventually making more on Saturday and Sunday than at his regular 9-to To this day, Fezzik is the only two-time winner. The Rutgers alum has since become one of the biggest names in the sports betting industry thanks partly to his website, SpankOdds.

The idea was simple: create a website that crawls other sites with sportsbook odds and finds discrepancies. These discrepancies can then be used to help bettors place wagers on the best lines and also help understand what oddsmakers see in each contest. The idea is brilliant, and it helped launch Kyrollos into the stratosphere. Kyrollos built his career and bankroll off two strategies: middling and arbitrage betting.

Middling is a strategy where a bettor places bets on both sides of a game at different lines, creating the opportunity to cash in both wagers. Arbitrage betting, also known as scalping, is based on betting on both sides of a game at plus prices with different sportsbooks for guaranteed profit. The entire strategy is based on identifying the house edge by line shopping point spreads and then making your betting decisions by taking advantage of that research.

Six years after graduating from the University of Michigan, Teddy Sevransky, better known as Teddy Covers, moved to Las Vegas to become a full-time sports bettor. While other professional bettors on this list may have kept a lot of their success private, Sevransky has been a prominent figure in the sports betting world, primarily through the media. Sevransky is still an active pro bettor today.

Teddy can be found selling picks to casual bettors on his website, where you can pay for more advanced advice, as well as offering odds analysis, shopping lines, and free picks on his YouTube channel. Create an account with Bovada and bet on every big game. Their lucrative welcome bonus gives first time bettors a lot to be excited about!

Nothing else. After graduating college, Voulgaris placed a single bet that changed his life. That bet would prove successful, and Voulgaris would cash in his bet slip for almost , However, his stint with the Mavs would only last so a few years as a rift with Luka Doncic would eventually lead to his departure from the franchise. The famed parlay builder, known for massive payouts on double-digit team parlays, got into hot water after threatening DMs were sent from Patz to players ranging from Pepperdine basketball players to Atlanta Braves team members.

Patz would receive a sentence of 36 months probation and was barred from any sports betting activities. Patz is somewhat of a cautionary tale of how being a pro sports bettor is about the long game, not the short-term successes. In a way, Snyder is partially responsible for bringing sports betting analysis into the mainstream, using his platform to bring betting concepts to the masses.

That distinction belongs to the following group of stars who have made sports betting their second career after making millions as professional athletes. But does success in a sport always translate into success at a sportsbook. Floyd Mayweather made his name by going undefeated in the ring and by betting hundreds of millions of dollars on sports. Mayweather has also been known to roll his winnings into other bets immediately.

Mayweather once took his college basketball winnings from a successful March Madness run and put it onto a fighter he believed in. However, the one thing Mayweather has made the most money betting on. In , when rumors of his gambling became widespread, Jordan took to the airwaves in an interview with Ahmad Rashad and put himself on the record. It just goes to show that even the most successful bettors lose now and then!

Shoeless Joe Jackson and Pete Rose are probably the two names most sports fans think of when it comes to betting on baseball. While Jackson was banned from the sport for life following the Black Sox Scandal that saw them throw the World Series, Rose lost even more once his betting allegations surfaced.

Pete Rose, the all-time hit leader in MLB history, was banned for life after it was revealed that he regularly bet on games he managed. It was the Cincinnati Reds legend himself who placed the first legal sports bet in Ohio. Only two men have scored more Premier League goals than Wayne Rooney. So it comes as no surprise that Rooney also loved scoring off the pitch, thanks to a love of sports betting.

Noting a tone of free time with little else to do, Rooney would place bets from his hotel room over the phone. Those early losses piled up and soon Rooney began emotively betting, something he now speaks out on. We use cookies to optimise your browsing experience on our platform. By continuing to browse, you agree to their use.

If you are a big fan of sports betting, few things may seem more appealing than learning how to become an expert at it. Of course, this is no a walk in the park, even if it may seem so. If you are still intrigued, read our guide to professional sports betting, and find out how to sharpen your betting skills while boosting your bankroll!

Part of professional betting means choosing the right bets to begin with. For this, you need to find bets with the most value. In other words, look for underrated underdogs , or even underrated favourites. As each sport is unique, a punter can find value in thousands of idiosyncratic ways. Still, finding value will always follow a similar process. Step 1: Do not look at the odds.

In order to analyse the outcome of any sports event, it is best to do your research first before seeing what the bookies' odds are. The latter will cloud your judgement, even before you know which outcome you would predict. What are the largest sports betting agencies in the world Step 2: Predict your outcome. Decide which outcome you think is more likely.

For example, when betting professionally on football betting sites , decide whether you think a football match will be a win, loss or draw for a team. Step 3: Refine your predictions. Of course, nobody can see the future, so even if you decide on an outcome which you think is most likely, there is no guarantee you will be right. You should now set about deciding — objectively — what the chances are of it happening or not, and try to quantify it in terms of percentages.

Step 4: Set your own odds. Each set of odds has its own implied probability, and you can calculate odds from probability as well. For more help with this, check out our Implied Probability Calculator. Step 5: Compare your odds to the bookies' odds. Now that you have your odds, you should look at what the bookies are offering and compare.

Try to think why the bookies' odds are different from yours. If you still think your set of odds is more accurate than what the bookies are offering, or the bookies offer better odds than your estimation, you've got the green light to go ahead and place your bet. One myth that we need to dispense with once and for all is that expert sports bettors win all of their bets.

Professional sports betting usually deals with small edges. Instead of just trusting your feeling in order to beat the bookies, as a punter, it is important to use stats. Once you know how to use, manage, interpret and even create your own stats, you are on your way to a more profitable Here at TPP, we offer excellent football stats range of markets across all major countries and leagues.

Betting math is essential for any aspiring punter. Try our betting calculators to save yourself time and effort. Building a bankroll is often what separates the beginners from the sports betting pros. If you want to bet like a pro, you will also need a sum of money to start off with. While some professional sports bettors start with a large bankroll, other slowly build it up from scratch.

Bankroll management is also key. Once you have decided on which event and outcome you want to bet, you will also need to decide how much you'd like to wager. Besides looking for and determining value, there are several betting strategies which can ultimately make a big difference to your bankroll. These include arbitrage betting , hedge betting , matched betting , using statistics, chasing steam, or even using betting software.

For further, detailed guidance, check out our article on sports betting strategies. How to sports bet like a pro Another thing bettors should always look out for is gubbing. Gubbing is when a bookie limits your access to promotions like free bets or deposit bonuses — some bookies even limit bet size.

This often happens to successful bettors who win large amounts of money through matched betting or arbing, but is sometimes simply due to the fact that you have won too much money. A good way to avoid this is to use betting exchange sites , as you will be betting against other punters, not the bookie themselves.

For more information, head over to our article on gubbing and how you can avoid it. In truth, there are no specific requirements for anyone seeking to become a professional bettor in sports. Any determined person could succeed. With that said, there are certain traits that one may want to work on if betting like an expert is the end goal:.

The most obvious is having a real interest and knowledge in sports. You don't necessarily need to be a hardcore fan — and perhaps, you may not even want to be. After all, it is incredibly important that you do not let your emotions interfere with your predictions. In addition, the promise of money may not always be enough to keep you hooked.

Knowledge is also incredibly important. Getting used to working with numbers is also crucial. Another important trait is having the ability to control yourself and not let things get out of hand. It's important to always remain disciplined and not to bet beyond your means. If you don't reason logically and allow yourself to get carried away, things can easily go south, leaving you with a significant dent on your earnings.

Maintaining a realistic outlook is also important. Yes, betting can lead to big wins, but it takes a lot of time and skill to become a real expert. As with anything else, good things take time to develop; patience, therefore, is a virtue here. Finally, many ask if attending courses is a necessity. It is not, but if you do have the time to enrol in one, it can't hurt either.

Betting studies typically teach the average player a few tricks and skills that will almost certainly boost your abilities. In order to track your progress and keep your spending in check, you should set specific goals and work towards them. By doing so, you can track just how much more you would like to win. This can also be done by setting goals for each sport you choose to bet on, by placing your largest goal on the sport you know the most about.

Goals for the month are also doable, although not as recommended, due to the unpredictable nature of sports betting. Improving your tactics is easier if you keep a record of your most and least successful bets. Keep an eye out for patterns in your wins and losses. For instance, do you specialise when picking favourites or the underdogs?

Do you typically go for multiple small wins or a few, scattered large wins. Are there certain days and times during events that seem to bring in, or not bring in, money. Analyse your strengths and other patterns, and use these to your advantage when placing your next bet. All punters would benefit from sticking to a staking plan. In order to manage your betting funds, you will need to set specific budgets and choose how much you are able to stake on each bet.

If you spend more than you can afford to, you risk losing everything — and if you spend less than you need to, you will limit your ability to earn more. In professional sports betting, you cannot afford to take major risks, as your earnings depend on your every move; hence why bankroll management could make or break your career as a professional bettor, even if your analytical skills are off the charts.

Placing bets simply because you hope your favourite team will win is a recipe for disaster. Always rely on your analytical skills. Moreover, your emotional weaknesses can surface in other aspects. Identify your emotional weaknesses, and make a conscious effort to use logic instead.

As we said earlier, controlling yourself and remaining disciplined are massively important when betting.