How To Be A Good Bettor
2021年4月17日Register here: http://gg.gg/p2q50
If you’re asking how to become a sharp sports bettor, then having strong math skills is a sure quality. Sports betting involves many numbers, from bookmaker odds to historical data. A math-oriented brain can make easier sense of all these numbers. The best pro sports bettors can use their math skills to analyze sports betting data in a short time. “What makes a successful bettor?-knowledge and skills” is the quote given above. There are millions of knowledgable,mathematically-minded people who have,over the last 50 years,tried to make regular profits from gambling. And the overwhelming majority have failed!!! Research is one of the most important aspects of sports betting. Specifically, the willingness to roll up your sleeves and do it, and the insight to know how to do it properly. Good research will make smart bets that pay off. That’s not to say you should ignore your gut.
If you are reading this article then you have probably already tried a plethora of different betting strategies, perhaps without great success. Like many others, you may already have lost a fair amount of money. However, you probably still strongly believe that there is some ‘secret’ or ‘formula’ you haven’t yet figured out, which will entitle you to great riches via betting, which you think you deserve.
Don’t worry you are not alone. There are millions of people like you. And you don’t need me to tell you that a whole industry lives and thrives from your hopes and dreams…Image: fztommy (Shutterstock)Greed Is A Disease
Once infected with the gambling virus, people’s reasoning capabilities begin to shut down. There are a myriad of proverbs such as “Nine gamblers could not feed a single rooster“, but you never associate yourself with such diatribes. It’s always the other people who are affected (infected) and will not succeed. You will! You are absolutely sure about this.
Does this sound familiar in any way?Gambling Truths Hurt
Please stop reading this article now if you are a sensitive person who takes constructive criticism too personally or does not like to hear the truth because I am going to be completely honest with you!
I will point out several character flaws in your psyche, probably tell you that you don’t have the ability (yet, if you are lucky) to be a successful gambler, and/or that you don’t have much chance of becoming successful with betting, period. These are certainly not nice truths, and not everyone will agree with or like what I am going to say.
So then, what is the secret of becoming a successful bettor?Gambling Knowledge, Skills & Experience
That was easy, wasn’t it!
Like anything in life, you need a certain skills set, extensive knowledge and first-hand experience to become truly successful.
For example, if you read everything about the teams in the English Premier League, watch as many live games as you can plus highlights of all the others, and rely upon your perception of each team’s squad strengths based on this pool of knowledge alone, then it is mere folly to think that you will be able to successfully predict match outcomes with any degree of regularity and for profits if you have no understanding of odds.
It is also far from sufficient if you have just ‘some idea’ or perhaps even very little insight into how the betting market works.
‘Some ideas’ are not enough!
You need sufficient knowledge to pass an exam or you will fail it for sure!
Personally speaking, I certainly have a good idea how a car works, but I would not dream of setting up in business as a mechanic. I enjoy nice gardens, but getting my own to look like some of the lovely show gardens I visit is beyond the reach of my knowledge and ability.
Therefore, I keep asking myself why on earth do people believe that they can become successful bettors without the ability to calculate odds and probabilities? Even worse from my perspective, the majority of gamblers are simply not at ease with the mathematics necessary to provide any chance of successful betting.
If betting were easy, all the mathematically minded people in this world (who are ethically okay with gambling) would be super rich by now and all the bookmakers would be bankrupt. What makes you think you have analysis skills beyond those of the most mathematically gifted people?
In addition, do you have well-developed computer skills, which enable you to conceive and perform complicated formulas and simulations, or do you have an advanced knowledge of statistics programs?
Do you consider yourself in possession of a rare, natural talent for recognising patterns in mathematical equations and their results?
You have certainly heard and read more than once that betting is all about maths and probabilities. That’s all it is to the bookmakers who sell you their odds.
Do you even understand probabilities or odds?Reality Test
*Do you really believe you have a natural mathematical talent?
*Are you certain it will be easy to teach yourself and fill-in the knowledge gaps you have? (subject to you knowing what your knowledge gaps are!)
*Do you have the time and patience to study for a long period of time, say, 5 or even 10 years, how to become a successful bettor before you can call yourself an ‘expert’?
I am not aiming to depress you, but ‘some’ knowledge and ‘some’ skills are not sufficient to become a successful gambler and nobody is ‘lucky’ with betting all the time. Indeed, ‘some’ knowledge is often dangerous.
learn to think like a bookmaker!Do You Know our Bestsellers? They Are Helping Thousands Betters World Wide!
True Odds & Value Detector: League Games with H2H History£29.90Pages:12
Successful sports bettors are a very rare breed. Statistically, it is veryuncommon to find an individual that is profitable over the long haul on sportsbetting. Unfortunately, luck and basic sports knowledge will only get you sofar. These successful bettors tend to possess some common traits that aid themin being better at sports betting than the rest of the pack.
Below, we’ll go into detail on some of the common traits of successful sportsbettors. After reviewing this list, you might decide to work on some of theseareas in an attempt to be more like them. By fine-tuning some of these skillsyourself, you might be able to become a more successful sports bettor.Common Traits of Successful Sports Bettors
We’ve compiled a list of some of the most common traits of successful sportsbettors. While not a complete list by any means, this list encompasses the vastmajority of important traits held by these bettors. It’s important to note thata successful bettor doesn’t necessarily need to have all of these traits, butthey will possess most of them. With that said, let’s get into it!Knowledge of Sports
This common trait of sports bettors should be pretty obvious, but we wantedto make sure that we stated it regardless. In order to be successful, sportsbettors need to have a solid knowledge of sports. Without this trait, it ishonestly near impossible to become good at sports betting.
Having a good knowledge of sports allows successful sports bettors tounderstand better things that might impact their wagers. Using their knowledgeof sports, these successful bettors have a good understanding of the manydifferent things that can impact the outcome of sporting events. This allowsthem the chance to make better-educated wagers than someone that is not asknowledgeable about sports.Strong Math Skills
Betting on sports involves a ton of numbers. From historical performance datato bookmaker odds, there are lots of numbers to look at and analyze. If you’renot good at math, it can be tough to understand what all of these numbers meanto you and your sports betting wagers.
Successful sports bettors tend to have very strong math skills. Using thisskill set, they are able to quickly understand what the data they have access tomeans. Often, these types of bettors will then crunch some serious numbers tohelp them determine what wagers they want to place. At the end of the day, thesebettors use their strong math skills to quickly analyze and interpret data forthe sake of making quick and educated betting decisions.Excellent Money Management
Something else that successful sports bettors do well is manage their money.Without excellent money management skills, it’s hard to make a long andsuccessful run in sports betting. If you end up betting too much of yourbankroll on single games, it could be detrimental to your bankroll balance. Thisis a common mistake that recreational bettors make.
A successful sports bettor will have established strict money managementguidelines for themselves, and they will stick to these no matter what. Thesemoney management lines will determine how much of their total bankroll will beplaced on each wager. Instead of swinging for the fence on each bet, the goal ofa successful sports bettor will be to make money over the long haul. Evaluation of All Game Factors
A recreational sports bettor will often just look at a handful of factors,such as which team is favored, when making their betting decision. Even thoughthere is much more information that could be evaluated, your average sportsbettor tends to stop right there. However, successful sports bettors make anevaluation of all game factors, not just the basics.
When it comes to successful sports bettors, they are peeling back as manylayers of the onion as possible. While basic stats are great, these bettors gomuch deeper in an attempt to evaluate all game factors.Example
Successfulbettors will consider the health of all players, not just the quarterback andwide receivers. As well, they’ll often consider things such as team grudges andteams coming off of big losses and how that might impact the game.
For you to be more of a successful sports bettor, you’ll want to do your bestto evaluate everything you possibly can. It can take a bit to train yourself tothink outside of the box, but this is how you can work to get a leg up like theprofessionals do. By thinking differently and looking at all aspects of thegame, you’re more likely to catch something that many others will miss.Emotional Control
One of the biggest things that separates professional gamblers fromrecreational gamblers is that professionals can control their emotions.Unfortunately, this is not something that too many recreational bettorsunderstand. Like some other things on our traits of successful sports bettors,emotional control is something that is easier said than done.
Often, recreational sports bettors let their emotions get the best of them.If a recreational sports bettor grew up in a diehard Green Bay Packers family,he’d probably have a hard time not betting on the Packers, regardless of whatthe odds or data says. However, a successful sports bettor that also grew up ina diehard Green Bay Packers family will know when to toss his love for thePackers aside to make a smart betting decision.
Emotional control is a tough habit to master. However, it will be impossibleto become a successful sports bettor if you can’t set your emotions aside.Emotions all too often get in the way of making sound betting decisions basedsolely on data. If you’d like to become more of a successful bettor, you’ll haveto learn emotional control so that you begin to make decisions based on data asopposed to your emotions.Line Shopping
Another common trait of successful sports bettors is that they shop theirlines. Unlike recreational sports bettors that typically rely on just onesportsbook, these bettors will usually shop their lines across multiplesportsbooks. By shopping around, the successful bettors can make sure that theyare getting the best bang for their buck.
In many cases, lines tend to be pretty close from one sportsbook to the next.However, this is not always the case.If a successful sports bettor is able tofind a sportsbook offering a wager at 0.5 points better than the market average,they’ll be coming out ahead if they win the bet.How To Be A Good Bettor
What’s nice about line shoppingis that it allows you to get the maximum value from your winning wager.
If you’re not currently line shopping, you should definitely consider it. Ata minimum, we’d suggest that you sign up with at least two differentsportsbooks. When you’re ready to make a wager, be sure to shop the linesbetween the two sportsbooks. Your goal should be to find the one offering youthe best pricing. While it might not seem like much on an individual bet basis,line shopping can add some serious growth to your bottom line as you becomebetter at sports betting. By not line shopping, you’ll end up leaving money onthe table, and that’s no fun!Strong Discipline
When it comes to successful sports bettors, another common trait that theyhave is a strong discipline. Using this strong discipline, these bettors areable to stick to a plan and remain focused on the overall long-term goal.Unfortunately, this is not a trait that the majority of recreational bettorshave.
Strong discipline is key in the grand scheme of things if you want to becomesuccessful at sports betting. Successful sports bettors will utilize strongdiscipline in areas such as staking plans, bankroll management, and the overallwager plan of attack. Emotions can play into making poor discipline decisions,which is why these bettors tend to have emotional control and a strongdiscipline. Without them, it’s too easy to get off track.Ability to Understand Value
A successful sports bettor will have a good ability to understand value. Whenit comes to recreational bettors, they don’t usually analyze the value of a bet.For them, they’ll just pick a winner and call it a day. Successful bettors,however, will look at a bet’s overall value to determine if it is worth therisk.
What successful sports bettors look for are wagers that have a high value. Anideal wager will have a big potential payout with a relatively small risk. Thegoal of these bettors is to not risk a huge amount of cash for a relativelysmall overall return.
By understanding value, successful sports bettors work to get more bang fortheir buck. Unlike recreational bettors that don’t look for value, successfulbettors will come out ahead in the long run by searching for this extra value.If you’d like to learn more about value, check out our article aboutprobabilities and value.Strong Analytical Capabilities
Something else that successful sports bettors typically possess is stronganalytical capabilities. When it comes to sports betting, there is a ton of datathat needs to be analyzed. To be successful, you need to be able to review andinterpret historical data, bookmaker odds, and much more. Without these skills,it is tough to become successful over the long haul.
Often, successful sports bettors will have created their own systems to helpthem analyze all of the data that is important to them. In some cases, they useprograms like Microsoft Excel or other proprietary software that they havecreated. The goal of these bettors is to review and analyze as much data aspossible to make the best informed decision they can.
Unfortunately, analyzing data is not something that comes naturally to manypeople. Unless you’re a financial analyst or banker, then the odds are thatyou’ve not had any formal training in data analysis. What’s nice is that you canlearn to be better at data analysis if you’re willing to take the time to study.If data analysis is not currently a strong suit, you can find lots of good tipsand research on the internet to help you begin to sharpen your analyticalcapabilities. Ability to Take a Long-Term View
Patience is a key trait of successful sports bettors. Many sports bettorsquickly become unmotivated after having a few bad losses in a row. Whatdifferentiates successful bettors is that they are able to step back and take along-term view.
Successful sports bettors know that they won’t win every bet. However, sportsbettors set a goal for themselves that they want to win more often than not.Even in runs of losses, successful bettors understand that there are highs andlows in what they do.
Overall, a successful sports bettor on average will win somewhere between 50%and 60% of their wagers.It’s important to note that this means that they arestill losing plenty. To keep their head in the game, these bettors will learnfrom losses and realize that losing sometimes is still part of the process.
It is important for you to be able to take a long-term view if you’d like tobecome a better sports bettor. Along the way, there will be setbacks. However,you need to not get discouraged by these setbacks, and continue to hone yourskills. If you give up too quickly and easily, you might be missing out onsomething much larger. The sooner that you can train yourself to take along-term view when it comes to sports betting, the sooner you’ll be more inline with successful sports bettors.Strong Organizational Skills
Another key trait of successful sports bettors tends to be strongorganizational skills. As we’ve discussed previously, there is a ton of datawhen it comes to sports betting. These bettors will be able to properly organizeand sort this information so that they can make sense of it. It doesn’t matterhow much data you have access to if you’re not able to sort it and make educatedguesses about it.How To Become A Successful Bettor
Strong organizational skills also come in handy with tracking the bets thatyou have placed. Tracking your bets is an important part of bankroll management.If you’re not able to keep this organized, you might quickly find your bankrollin trouble. A successful bettor will keep meticulous records of bets placed,along with tracking any associated wins and losses.How To Become A Good Football Bettor
If organizational skills are not a strong suit of yours, you can definitelywork to improve them. We’d suggest that you start by tracking your bets. You canuse something as easy as pen and paper, but we’d recommend using somethingcomputer-based, such as Microsoft Excel. Your ultimate goal should be to recorda history of your sports betting wagers. Using this organized data, you can thenrefer to it to review your historical trends to see what worked for you and whatdidn’t. As an added bonus, you’ll have a better view of the health of yoursports betting bankroll.How To Be A Good Sports BettorFlexible, Adaptable, Resilient
To be successful, sports bettors need to be flexible, adaptable, andresilient. A successful sports bettor will know that things change over time,and that in turn means that their plans and strategies must also change. Beingflexible and adaptable is key. Those unwilling to change their ways are lesslikely to be successful over time.
Resilience is another key trait of successful sports bettors. Sometimesyou’ll feel like the king of the world, and other times you’ll feel like anelephant has just trampled you. A successful bettor will remain resilient evenin the down times, knowing that you have to take the good with the bad. How To Be A Good Booter
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If you’re asking how to become a sharp sports bettor, then having strong math skills is a sure quality. Sports betting involves many numbers, from bookmaker odds to historical data. A math-oriented brain can make easier sense of all these numbers. The best pro sports bettors can use their math skills to analyze sports betting data in a short time. “What makes a successful bettor?-knowledge and skills” is the quote given above. There are millions of knowledgable,mathematically-minded people who have,over the last 50 years,tried to make regular profits from gambling. And the overwhelming majority have failed!!! Research is one of the most important aspects of sports betting. Specifically, the willingness to roll up your sleeves and do it, and the insight to know how to do it properly. Good research will make smart bets that pay off. That’s not to say you should ignore your gut.
If you are reading this article then you have probably already tried a plethora of different betting strategies, perhaps without great success. Like many others, you may already have lost a fair amount of money. However, you probably still strongly believe that there is some ‘secret’ or ‘formula’ you haven’t yet figured out, which will entitle you to great riches via betting, which you think you deserve.
Don’t worry you are not alone. There are millions of people like you. And you don’t need me to tell you that a whole industry lives and thrives from your hopes and dreams…Image: fztommy (Shutterstock)Greed Is A Disease
Once infected with the gambling virus, people’s reasoning capabilities begin to shut down. There are a myriad of proverbs such as “Nine gamblers could not feed a single rooster“, but you never associate yourself with such diatribes. It’s always the other people who are affected (infected) and will not succeed. You will! You are absolutely sure about this.
Does this sound familiar in any way?Gambling Truths Hurt
Please stop reading this article now if you are a sensitive person who takes constructive criticism too personally or does not like to hear the truth because I am going to be completely honest with you!
I will point out several character flaws in your psyche, probably tell you that you don’t have the ability (yet, if you are lucky) to be a successful gambler, and/or that you don’t have much chance of becoming successful with betting, period. These are certainly not nice truths, and not everyone will agree with or like what I am going to say.
So then, what is the secret of becoming a successful bettor?Gambling Knowledge, Skills & Experience
That was easy, wasn’t it!
Like anything in life, you need a certain skills set, extensive knowledge and first-hand experience to become truly successful.
For example, if you read everything about the teams in the English Premier League, watch as many live games as you can plus highlights of all the others, and rely upon your perception of each team’s squad strengths based on this pool of knowledge alone, then it is mere folly to think that you will be able to successfully predict match outcomes with any degree of regularity and for profits if you have no understanding of odds.
It is also far from sufficient if you have just ‘some idea’ or perhaps even very little insight into how the betting market works.
‘Some ideas’ are not enough!
You need sufficient knowledge to pass an exam or you will fail it for sure!
Personally speaking, I certainly have a good idea how a car works, but I would not dream of setting up in business as a mechanic. I enjoy nice gardens, but getting my own to look like some of the lovely show gardens I visit is beyond the reach of my knowledge and ability.
Therefore, I keep asking myself why on earth do people believe that they can become successful bettors without the ability to calculate odds and probabilities? Even worse from my perspective, the majority of gamblers are simply not at ease with the mathematics necessary to provide any chance of successful betting.
If betting were easy, all the mathematically minded people in this world (who are ethically okay with gambling) would be super rich by now and all the bookmakers would be bankrupt. What makes you think you have analysis skills beyond those of the most mathematically gifted people?
In addition, do you have well-developed computer skills, which enable you to conceive and perform complicated formulas and simulations, or do you have an advanced knowledge of statistics programs?
Do you consider yourself in possession of a rare, natural talent for recognising patterns in mathematical equations and their results?
You have certainly heard and read more than once that betting is all about maths and probabilities. That’s all it is to the bookmakers who sell you their odds.
Do you even understand probabilities or odds?Reality Test
*Do you really believe you have a natural mathematical talent?
*Are you certain it will be easy to teach yourself and fill-in the knowledge gaps you have? (subject to you knowing what your knowledge gaps are!)
*Do you have the time and patience to study for a long period of time, say, 5 or even 10 years, how to become a successful bettor before you can call yourself an ‘expert’?
I am not aiming to depress you, but ‘some’ knowledge and ‘some’ skills are not sufficient to become a successful gambler and nobody is ‘lucky’ with betting all the time. Indeed, ‘some’ knowledge is often dangerous.
learn to think like a bookmaker!Do You Know our Bestsellers? They Are Helping Thousands Betters World Wide!
True Odds & Value Detector: League Games with H2H History£29.90Pages:12
Successful sports bettors are a very rare breed. Statistically, it is veryuncommon to find an individual that is profitable over the long haul on sportsbetting. Unfortunately, luck and basic sports knowledge will only get you sofar. These successful bettors tend to possess some common traits that aid themin being better at sports betting than the rest of the pack.
Below, we’ll go into detail on some of the common traits of successful sportsbettors. After reviewing this list, you might decide to work on some of theseareas in an attempt to be more like them. By fine-tuning some of these skillsyourself, you might be able to become a more successful sports bettor.Common Traits of Successful Sports Bettors
We’ve compiled a list of some of the most common traits of successful sportsbettors. While not a complete list by any means, this list encompasses the vastmajority of important traits held by these bettors. It’s important to note thata successful bettor doesn’t necessarily need to have all of these traits, butthey will possess most of them. With that said, let’s get into it!Knowledge of Sports
This common trait of sports bettors should be pretty obvious, but we wantedto make sure that we stated it regardless. In order to be successful, sportsbettors need to have a solid knowledge of sports. Without this trait, it ishonestly near impossible to become good at sports betting.
Having a good knowledge of sports allows successful sports bettors tounderstand better things that might impact their wagers. Using their knowledgeof sports, these successful bettors have a good understanding of the manydifferent things that can impact the outcome of sporting events. This allowsthem the chance to make better-educated wagers than someone that is not asknowledgeable about sports.Strong Math Skills
Betting on sports involves a ton of numbers. From historical performance datato bookmaker odds, there are lots of numbers to look at and analyze. If you’renot good at math, it can be tough to understand what all of these numbers meanto you and your sports betting wagers.
Successful sports bettors tend to have very strong math skills. Using thisskill set, they are able to quickly understand what the data they have access tomeans. Often, these types of bettors will then crunch some serious numbers tohelp them determine what wagers they want to place. At the end of the day, thesebettors use their strong math skills to quickly analyze and interpret data forthe sake of making quick and educated betting decisions.Excellent Money Management
Something else that successful sports bettors do well is manage their money.Without excellent money management skills, it’s hard to make a long andsuccessful run in sports betting. If you end up betting too much of yourbankroll on single games, it could be detrimental to your bankroll balance. Thisis a common mistake that recreational bettors make.
A successful sports bettor will have established strict money managementguidelines for themselves, and they will stick to these no matter what. Thesemoney management lines will determine how much of their total bankroll will beplaced on each wager. Instead of swinging for the fence on each bet, the goal ofa successful sports bettor will be to make money over the long haul. Evaluation of All Game Factors
A recreational sports bettor will often just look at a handful of factors,such as which team is favored, when making their betting decision. Even thoughthere is much more information that could be evaluated, your average sportsbettor tends to stop right there. However, successful sports bettors make anevaluation of all game factors, not just the basics.
When it comes to successful sports bettors, they are peeling back as manylayers of the onion as possible. While basic stats are great, these bettors gomuch deeper in an attempt to evaluate all game factors.Example
Successfulbettors will consider the health of all players, not just the quarterback andwide receivers. As well, they’ll often consider things such as team grudges andteams coming off of big losses and how that might impact the game.
For you to be more of a successful sports bettor, you’ll want to do your bestto evaluate everything you possibly can. It can take a bit to train yourself tothink outside of the box, but this is how you can work to get a leg up like theprofessionals do. By thinking differently and looking at all aspects of thegame, you’re more likely to catch something that many others will miss.Emotional Control
One of the biggest things that separates professional gamblers fromrecreational gamblers is that professionals can control their emotions.Unfortunately, this is not something that too many recreational bettorsunderstand. Like some other things on our traits of successful sports bettors,emotional control is something that is easier said than done.
Often, recreational sports bettors let their emotions get the best of them.If a recreational sports bettor grew up in a diehard Green Bay Packers family,he’d probably have a hard time not betting on the Packers, regardless of whatthe odds or data says. However, a successful sports bettor that also grew up ina diehard Green Bay Packers family will know when to toss his love for thePackers aside to make a smart betting decision.
Emotional control is a tough habit to master. However, it will be impossibleto become a successful sports bettor if you can’t set your emotions aside.Emotions all too often get in the way of making sound betting decisions basedsolely on data. If you’d like to become more of a successful bettor, you’ll haveto learn emotional control so that you begin to make decisions based on data asopposed to your emotions.Line Shopping
Another common trait of successful sports bettors is that they shop theirlines. Unlike recreational sports bettors that typically rely on just onesportsbook, these bettors will usually shop their lines across multiplesportsbooks. By shopping around, the successful bettors can make sure that theyare getting the best bang for their buck.
In many cases, lines tend to be pretty close from one sportsbook to the next.However, this is not always the case.If a successful sports bettor is able tofind a sportsbook offering a wager at 0.5 points better than the market average,they’ll be coming out ahead if they win the bet.How To Be A Good Bettor
What’s nice about line shoppingis that it allows you to get the maximum value from your winning wager.
If you’re not currently line shopping, you should definitely consider it. Ata minimum, we’d suggest that you sign up with at least two differentsportsbooks. When you’re ready to make a wager, be sure to shop the linesbetween the two sportsbooks. Your goal should be to find the one offering youthe best pricing. While it might not seem like much on an individual bet basis,line shopping can add some serious growth to your bottom line as you becomebetter at sports betting. By not line shopping, you’ll end up leaving money onthe table, and that’s no fun!Strong Discipline
When it comes to successful sports bettors, another common trait that theyhave is a strong discipline. Using this strong discipline, these bettors areable to stick to a plan and remain focused on the overall long-term goal.Unfortunately, this is not a trait that the majority of recreational bettorshave.
Strong discipline is key in the grand scheme of things if you want to becomesuccessful at sports betting. Successful sports bettors will utilize strongdiscipline in areas such as staking plans, bankroll management, and the overallwager plan of attack. Emotions can play into making poor discipline decisions,which is why these bettors tend to have emotional control and a strongdiscipline. Without them, it’s too easy to get off track.Ability to Understand Value
A successful sports bettor will have a good ability to understand value. Whenit comes to recreational bettors, they don’t usually analyze the value of a bet.For them, they’ll just pick a winner and call it a day. Successful bettors,however, will look at a bet’s overall value to determine if it is worth therisk.
What successful sports bettors look for are wagers that have a high value. Anideal wager will have a big potential payout with a relatively small risk. Thegoal of these bettors is to not risk a huge amount of cash for a relativelysmall overall return.
By understanding value, successful sports bettors work to get more bang fortheir buck. Unlike recreational bettors that don’t look for value, successfulbettors will come out ahead in the long run by searching for this extra value.If you’d like to learn more about value, check out our article aboutprobabilities and value.Strong Analytical Capabilities
Something else that successful sports bettors typically possess is stronganalytical capabilities. When it comes to sports betting, there is a ton of datathat needs to be analyzed. To be successful, you need to be able to review andinterpret historical data, bookmaker odds, and much more. Without these skills,it is tough to become successful over the long haul.
Often, successful sports bettors will have created their own systems to helpthem analyze all of the data that is important to them. In some cases, they useprograms like Microsoft Excel or other proprietary software that they havecreated. The goal of these bettors is to review and analyze as much data aspossible to make the best informed decision they can.
Unfortunately, analyzing data is not something that comes naturally to manypeople. Unless you’re a financial analyst or banker, then the odds are thatyou’ve not had any formal training in data analysis. What’s nice is that you canlearn to be better at data analysis if you’re willing to take the time to study.If data analysis is not currently a strong suit, you can find lots of good tipsand research on the internet to help you begin to sharpen your analyticalcapabilities. Ability to Take a Long-Term View
Patience is a key trait of successful sports bettors. Many sports bettorsquickly become unmotivated after having a few bad losses in a row. Whatdifferentiates successful bettors is that they are able to step back and take along-term view.
Successful sports bettors know that they won’t win every bet. However, sportsbettors set a goal for themselves that they want to win more often than not.Even in runs of losses, successful bettors understand that there are highs andlows in what they do.
Overall, a successful sports bettor on average will win somewhere between 50%and 60% of their wagers.It’s important to note that this means that they arestill losing plenty. To keep their head in the game, these bettors will learnfrom losses and realize that losing sometimes is still part of the process.
It is important for you to be able to take a long-term view if you’d like tobecome a better sports bettor. Along the way, there will be setbacks. However,you need to not get discouraged by these setbacks, and continue to hone yourskills. If you give up too quickly and easily, you might be missing out onsomething much larger. The sooner that you can train yourself to take along-term view when it comes to sports betting, the sooner you’ll be more inline with successful sports bettors.Strong Organizational Skills
Another key trait of successful sports bettors tends to be strongorganizational skills. As we’ve discussed previously, there is a ton of datawhen it comes to sports betting. These bettors will be able to properly organizeand sort this information so that they can make sense of it. It doesn’t matterhow much data you have access to if you’re not able to sort it and make educatedguesses about it.How To Become A Successful Bettor
Strong organizational skills also come in handy with tracking the bets thatyou have placed. Tracking your bets is an important part of bankroll management.If you’re not able to keep this organized, you might quickly find your bankrollin trouble. A successful bettor will keep meticulous records of bets placed,along with tracking any associated wins and losses.How To Become A Good Football Bettor
If organizational skills are not a strong suit of yours, you can definitelywork to improve them. We’d suggest that you start by tracking your bets. You canuse something as easy as pen and paper, but we’d recommend using somethingcomputer-based, such as Microsoft Excel. Your ultimate goal should be to recorda history of your sports betting wagers. Using this organized data, you can thenrefer to it to review your historical trends to see what worked for you and whatdidn’t. As an added bonus, you’ll have a better view of the health of yoursports betting bankroll.How To Be A Good Sports BettorFlexible, Adaptable, Resilient
To be successful, sports bettors need to be flexible, adaptable, andresilient. A successful sports bettor will know that things change over time,and that in turn means that their plans and strategies must also change. Beingflexible and adaptable is key. Those unwilling to change their ways are lesslikely to be successful over time.
Resilience is another key trait of successful sports bettors. Sometimesyou’ll feel like the king of the world, and other times you’ll feel like anelephant has just trampled you. A successful bettor will remain resilient evenin the down times, knowing that you have to take the good with the bad. How To Be A Good Booter
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