Tuesday, June 14, 2011

Unravel the Secrets of Handicapping in Sports Betting

Do you know who will win the game? The exact answer to that question is what all sports bettors look for when it comes to betting on sports. This question exist simply because of the fact that most sportsbooks conveniently place numbers on a game in order to balance betting on both sides, thus making your job of selecting the winning team harder. That is exactly what handicapping is about.

Handicapping is the practice of assigning an advantage through scoring compensation or an edge given to different contestants to make the chances of winning fair to both competing parties. The term can also be applied to the different approaches by which the advantage is analyzed and calculated, as well as to the methods by which the bettors can predict the outcome of the sporting event they are betting on.

It is not a walk in the park to win at sports betting with handicapping skills. It doesn’t necessarily mean that just because you’re a handicapper, the betting result would be in your favor. The fact is, handicappers don’t really earn or make a profit from their sports betting handicapping hobby. If you want to earn, here are the secrets revealed!

Keep away from bad numbers

Never bet on bad numbers if you want to succeed in your handicapping job. Look for handicapping lines in the sportsbooks you have signed up in, carefully observing and analyzing the lines and determining which way the line will move. You should shop for the best numbers first before putting down your money.

Less parlays and more straight bets

A lot of handicapping pros make the most of their sports bets as straight bets and not as parlays. Straight bets are considered the bread and butter in sports betting. That is why pros are commonly happy with the returns on their investments from 3-2 days or 12-8 weeks. They have recognized the fact that despite parlays providing quick scores, a season is largely consisting of steady 2-1 type days, and are more profitable than the big hits that parlays have.

Never chase your losses

This is a common problem with handicappers and gamblers alike. Pressing losses and raising the stakes in order to get back what they have lost is a great mistake. Always remember that there are times that you will lose, and raising the stakes won’t do you any good. Walk away when you have reached your limit, either by winning or losing and take a break, there will be another day. While in the mean time, you can use the free time you have to train more and study to improve your skills.

Monday, June 13, 2011

The Risks That Come with Arbitrage Sports Betting

The Risks That Come with Arbitrage Sports BettingWhat is arbitrage sports betting you ask? Well, it’s a betting technique on sports that generates guaranteed profits regardless of the outcome of the sporting event. A lot of professional bettors know this technique and they often use this as they take advantage of the truth that different bookmakers set different odds based on the opinion of the relative chance of the competitor for winning a single sporting event.


There are a lot of tips about arbitrage betting at wikisportsbook.com. Try to check them out if you wish to know about it. Although it may guarantee a certain profit in theory, there are some factors that can prevent the actual implementation of the arbitrage sports betting technique and may also impose certain risks to your arbitrage betting experience.


  • Maximum Limits on Stakes


A number of experts agree that the maximum stake limits usually placed by the bookmakers may affect your arbitrage sports betting strategy, and it may prevent you from placing your full stake while arbitraging. So before placing bets, check that none of the bookmakers you have registered with in the arbitrage have a maximum stake limit.


Also, don’t forget to note and understand that all the betting exchange prices are subject to some kind of stake limit. Therefore, before taking up arbitrage sports betting, carefully look at all the available liquidity options, including prices at the number two and three slots, and don’t make decisions based only on the best prices. There is no escaping the fact that there are some instances in arbitrage sports betting that all your money at the best price get hovered up.


  • Price Changes


Bookmakers offer various prices for every sporting event that’s why it is important to check the prices of bookmakers if they are still available. The point here is not to depend on those bookies that have their prices quoted in the racing post. Prices on the exchange can change very quickly, thus it is important to make sure that when considering arbitrage sports betting, you place any exchange bets first while the price lasts.


  • Crooked Bookmakers


There are a lot sports booking sites out there, but some of them may be scams. So, doing a bit of research and checking out reviews and what other bettors have to say to a site is very important.


  • Arbitrage Sports Betting Rules


There are different policies and rules various bookmakers maintain for setting bets on arbitrage sports betting with irregular outcomes. This will affect the outcome of the arbitrage bet you are dealing with that is why it is always good to check the rules maintained by the bookmakers before placing any bets with them.