Pro Sports Betting
Everyone wants to know the secret to being a winning sports gambler. But there’s not a single secret that no one is telling you about.
However, there are several tricks that professional gamblers use. Here’s a list of seven tricks that sports betting professional gamblers use for long term profits.
All of these sports betting tricks work together. While you can start with one or two of them; eventually you need to learn how to use all seven of them. The good news is when you get the most important one down, about value, the rest of them fall into place easily.
1 – Know How to Get Big Money in Play
To most sports gamblers, a professional bettor seems to have a perfect life. They wager on sports for a living, make their own hours, and earn serious profits. That said, professional sports gambling may seem like a glorious career. However, it actually involves a long and slow climb to the top. Professional sports betting, Sports Betting, sports betting bankroll management, sports betting pro, Sports Betting Strategy Rex Hoffman / Author Rex Hoffman is a passionate sports writer, with over five years of experience covering sports journalism in line with the Vegas betting landscape.
Most gamblers who bet on sports never think about what they would need to do in order to get large bets down. Yet many of these same gamblers dream of betting on sports full time and making a good living at it.
If you’re good enough to make a 1% profit on your bets over the course of a year, you have to get $10,000,000 in play over the course of the year to make $100,000. And a 1% profit margin is not something to take lightly. Many professional sports gamblers don’t do this well.
Can you get $1,000,000 down in bets every month? This is over $33,000 on average every day. And not only do you need to get this much money in play, you have to find enough games that offer value to do it on.
2 – Use Systems and Their Eyes
I’d love to have a complete sports betting system that uses statistics to produce winning bets. And I’m sure you’d like to have one as well.
While it’s possible that systems exist that can do this with no human interaction; I’ve yet to find one. I do use systems to help when I handicap sporting events, but the truth is that I still have to adjust what the systems spit out based on what I know and see from watching games.
Winning sports gamblers use a combination of systems and their eyes and brains to make winning wagers. You should build systems that use statistics and results to help you find games and lines that offer value, but you also need to watch games and use what you see to help you make more profitable decisions.
3 – Always Use the Lines for Profits
Consider two different betting lines on an NFL game offered at two different sportsbooks:
- New York Jets +2 ½
- New York Giants -2 ½
And
Professional sports bettors look for lines that are different at different sportsbooks. When they find different lines it gives them more opportunities to make a profit. One thing that they do sometimes is bet both sides of a game. I cover this in another section on this page.
You don’t really find value just because you find two different lines. But different lines do improve your chance of winning after you evaluate the game.
Using the game with the lines listed above, if you handicap the game and decide the Jets are going to win, you’re going to bet on the line where you get 3 ½ points.
On the other hand, if you handicap the game and decide the Giants should win by six, you’re going to bet on the Giants where you give 2 ½ points.
A single point difference in the lines might not look like a big difference, but it can be the difference between winning and losing. Every single time you can make a bet with a better line it increases your long term profits.
Professional sports gamblers understand the long term power of finding and exploiting the best lines. You need to start doing the same thing before you make another wager.
4 – The Only Thing Is Value
Professional sports gamblers focus 100% on value. Nothing else matters. If you find value you make a bet. If you don’t find value you don’t place a bet. It’s as simple as that.
Yet, most sports gamblers let all kinds of other things influence how they decide to make wagers. Are you focusing 100% on value, or are you letting anything else influence your betting decisions?
Betting on sports as a professional gambler is a business. If you’re not treating your sports betting activities like a business, then you’re not going to be a long term winner. A business runs based on profits. Nothing else matters.
Make a decision right now to never place a sports bet if you can’t find value.
Value is a combination of effective handicapping and lines. You don’t know if a game and line offers value until you handicap the game. Once you handicap the game and predict the outcome you compare your prediction to the available lines. Only then can you see if a game offers any type of value.
5 – Manage Their Bankroll
Do you have a separate bankroll for all of your sports bets or do you use your everyday money in your pocket or bank account to place bets?
Remember in the last section you learned that if you’re not treating your sports betting like a business that you’re going to have a hard time making a long term profit? Part of running your sports betting activities like a business is using a dedicated bankroll.
And the other thing you must do is manage your bankroll effectively. You need to know how much you can bet on each game to maximize your wins while making sure you don’t bet too much so when you have a losing streak that it hurts your bankroll too much.
The best situation is to have a large enough bankroll so you can bet the maximum amount of money on every game where you have value. But this isn’t realistic for most sports gamblers, so you have to learn how to manage the bankroll you do have available for maximum profits.
6 – Have No Loyalty
This is much like the section about the only thing being value, but this is such a large hole in most sports gambler’s betting activity that I felt the need to give it a section. If you want to be a winning sports gambler you can’t have any loyalty.
Pro Sports Betting Lines
I don’t mean that you can’t have any loyalty to your friends and family. What I mean is that you can’t let anything like loyalty stand between you and making profitable wagers.
You probably started betting on sports because you’re a fan of a team. It’s fine to bet on your favorite team when you’re a fan, but you can’t do it when you start treating your sports betting activities like a business.
Remember, the only thing that matters is value as a sports bettor. It doesn’t matter how much you like a team or how much you want to support them; if there’s no value you have no business betting on them.
7 – Play Both Sides When Appropriate
When you’re looking for value, sometimes you can find it on both sides of the same game. One common way that this happens is when you make an early week bet on an NFL game and then something changes during the week and you place a bet with value on the other side.
Another situation that comes up from time to time when looking at sports lines is like the example I used in an earlier section on this page. You could bet on the Giants and give 2 ½ points and bet on the Jets and get 3 ½ points and win both sides of the game if the Giants win by 3.
You can also occasionally find arbitrage opportunities where you lock in a guaranteed profit using different sportsbooks, but this is a challenging way to bet on sports.
Conclusion
The number one thing you need to know about the tricks that professional gamblers use when they bet on sports is that value is everything and the only thing. Once you learn to focus 100% on value, every other trick on this page is easier to use and more effective.
Professional sports gamblers know where to find the best lines, how to use lines to increase their profits, how to manage their bankroll, use systems and their eyes, and know how to get as much money in action as they need to.
Nothing about becoming a winning sports gambler is easy, but when you use the tricks on this page you have a simple path to long term sports gambling profits.
Sports betting proposals have been shot down in Arizona for various reasons over the past few years, but 2021 could be different.
That’s because of two important factors.
First, Gov. Doug Ducey stated he wants legal AZ sports betting in his State of the State address. Second, Ducey told legislators he renegotiated compacts with Arizona’s gaming tribes, which were set to expire in 2022. That allows for another expansion of gaming in the addition of keno, and could indicate broader appetite for compromise.
A joint proposal in HB 2772 and SB 1797would legalize sports betting as well as daily fantasy sports and keno.
Both have been read twice and will get committee hearings next week. Sports betting wouldn’t be allowed until those renegotiated compacts are signed and approved at the federal level.
Proposed Arizona sports betting details
Pro Sports Gambling
The proposed legislation – called event wagering in the actual bills – states sports betting can be operated by gaming tribes on their land and by professional sports teams, NASCAR and the PGA Tour off-reservation.
All-pro Sports Betting
There would be 20 total licenses, half for the pro sports operators and half for tribal operators. That could get some pushback considering there are 16 tribes that operate 24 casinos throughout the state.
There are also fewer than 10 professional sports operators that would qualify as an event wagering operator:
- MLB’s Diamondbacks
- NBA’s Suns and WNBA’s Mercury (both owned by Robert Sarver)
- NFL’s Cardinals
- NHL’s Coyotes
- Phoenix Raceway
- TPC Scottsdale
Kiosks in play as well
The stadiums, arenas, and courses associated with the above teams and leagues could also offer betting kiosks. They could also partner with one horse racing track to offer betting there as well. Their apps would be geofenced so they couldn’t operate on tribal land, however.
The bills suggest each licensee could have more than one online sports betting skin with no maximum listed. The event wagering operators could be licensed for five years while sportsbook operators would get two-year licenses.
No fees or tax rates were defined in the bills.
What kind of betting would be allowed?
The proposal specifically legalizes betting on both esports and Olympic contests. Those can sometimes be overlooked or not explicitly be allowed, causing confusion for regulators.
Betting on the outcome of college sports is allowed under the proposal, but prop betting on collegiate events is prohibited. Bettors would be allowed to wager on in-state schools.
The Arizona Department of Gaming gets the power to authorize what kind of props and parlays can be offered on pro sports.
Professional sports leagues could make out pretty well in the bill. They can request real-time betting data from operators and can also enter into agreements with licenses for n integrity fee.
Official league data would also be required if a league requested.
Other states could benefit from AZ sports betting
Arizona has five border states, three of which – Colorado, Nevada and New Mexico – all have some form of legal sports betting. It’s hopeful bettors in those other two border states of California and Utah could benefit.
Sports betting in California is a tricky issue that involves tribal gaming operators wanting sports betting for themselves. And you might have a better chance of meeting a unicorn than passing sports betting in Utah.
The fact that there’s no in-person registration mentioned in the legislation means bettors in either state would only need to cross into Arizona to legally place a bet.