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Overreaction in Sports: Using this to grow your ROI

The word overreact (verb) means to react or respond more strongly than is necessary or appropriate.  An overreaction (noun) in sports is an unjustified and over-the-top claim that will be stated as fact after just one game.   This happens on a consistent basis as we are made to believe what we just saw previously will happen again the next game.  Often times after a high profile game sports bettors will overreact either positively or negatively towards the teams involved, sometimes even to the point of overcompensation.  This is one of the biggest sportsbetting traps that can be set in regards to the reaction of the general sports betting public to a previous game, particularly if it was a high profile game. Here's how to turn that short-term thinking to your long-term advantage.  One of the most important is a large sample size.  Large sample sizes allow you to more accurately observe advantages that you may hold over the sportsbooks, yet it never ceases to amaze how much sports bettors will place in the performance of a team over the past five games.  With this comes an inflated line caused by overreaction to short term analysis.  This is situations I look for to buy low and sell high in the sportsbetting market.  Bettors will also very frequently use trends and statistics that do not apply to the sportsbetting world.  Temporary abnormalities in game results are much more common.  Full knowledge of this simple fact is imperative when we go over short term results that contradict the more dependable long term ones.  The cure is to not be blinded by one game that you watched from start to finish.  Long term data is a much better representation.  [...]

By |August 11th, 2016 10:09pm|Betting Strategy, Free Picks|0 Comments

Public vs. Sharp Sportsbooks

If you are serious about investing in sports then you must have an account with both a "public" book and a "sharp" book to increase your bankroll by getting the best number.  "Getting the best number" is a term that must be cemented in your brain and cannot be forgotten about when sports investing.  Just like grocery shopping, you want to find the best price, well in sports it's the same thing. Getting the best number and odds can effectively increase your bankroll and build long term profits.  The oddsmakers make the lines so tight that a half point can either make you a winner or loser.  This kind of betting strategy practiced correctly can make you think twice about putting your hard earned money on a move or not. By referring to betting percentages and knowing common sports knowledge of what team is considered a "public" team (example: Dallas Cowboys, Golden State Warriors, Chicago Blackhawks) you can decipher between a public and a sharp book where you can get the better number.  Commonly in spread sports, NBA, , CBB, NFL and CFB, if you prefer to back the underdog you more times than not will get a half point maybe even a point better at a "public" sportsbook compared to a "sharp" sportsbook.  This right there can be a difference maker in yourself making money or losing money.  Now using this to your advantage is if the number compares to both your "public" book and "sharp" book you might want to think twice about backing the team you might think is a winner.  Keep in mind all the other factors that come into play when making a move on a game: situational play, buy [...]

By |July 23rd, 2016 11:39pm|Betting Strategy|0 Comments

Situational Spot Betting Analysis

Analyzing daily line movement, going through teams schedules, overreactions to a line and recognizing the use of "buy low, sell high" opportunities is key to picking winners and growing your return on investment.   The ability to analyze line movements and decipher their meaning is something that takes a long time to develop.  Bettors can only acquire this skill by consistently watching lines daily and breaking down the movements week in and week out. Situational spot analysis uncovers conditions and patterns where teams have consistently outperformed or under performed their normal levels relative to the money line or spread.  Understanding how teams play and how they match up with the opposition is an important thing in every sport, but realizing when teams are in tough situations can be a good way to make money and get line value.  Teams will have a letdown off of a big win or they will have a tough travel schedule ahead.  Good teams will step up to play against good opponents and then play down to lesser competition the next game.  Every sport’s regular season is a grind and teams aren’t going to give a full effort for every single game, you have to break down the schedule and pick these spots accordingly.  Motivation and fatigue in scheduling is key to handicapping games and cannot be ignored.  Desperation, when a coach calls out his team or when players hold a players only meeting are also key contributors to finding the right situation to move on.  Marquee matchups in primetime are going to see bigger effort levels from teams and players and that can fit into the look-ahead spots and then have a letdown the next game after.  I have already [...]

By |July 16th, 2016 10:20pm|Betting Philosophy, Betting Strategy|0 Comments

“Buy low sell high” Applied to Sports

This is the most basic principle in investing "buy low, sell high" and is the cornerstone that I apply to daily handicapping sports.  Put simply, by buying when cheap and selling when expensive you will grow your return on investment.  This sounds easy right? Well you have to know when is the right time to react.  So how do you determine whether to buy low on a team or sell high. Everyday is a new day in the world of sports and with each new day comes new opportunities.  What I like to look for each day is what team is being overvalued and what team is being undervalued in the number presented by oddsmakers. What makes a team overvalued (stock high)/undervalued (stock low)? who the team is playing the team is on a winning/losing streak what their previous games result was their against the spread winning/losing trends media spotlight on one team is greater than the other home stadium/playing on the road These all have an impact on the line of a game and what I like to do is be patient and let the market react before I do.  Watching the games daily you will help acquire a feel for what to expect the next day in an opening line.  For how the general public reacts to what is happening each night in sports is the main form I use is social media.  Social media plays a big part in how a feeling is felt about a certain team/player and that can be taken in as information to you how you might think a certain line will react the next game.  While the market reacts each day, watching Sportscenter, reading online sport sites, [...]

By |July 15th, 2016 4:47pm|Betting Philosophy, Betting Strategy|0 Comments

The Best piece of Sportsbetting advice I can give you

People who bet on sports make the mistake of betting based on what happened the last game and that's what's going to happen again the very next game.  This applies to every sport and it's the square way of thinking which is why square bettors will never be winners.  Picking winners all about situational spots rather than just picking the "better" team.  If the better team always won, then there wouldn't be Vegas sportsbooks, bookies or offshore sportsbooks in business.   Think outside the box, be patient and wait for the right moment to react to a situation.

By |June 4th, 2016 9:24am|Betting Philosophy, Betting Strategy|0 Comments