Advice from Sports Bettors to Sports Bettors

We recently ran across an article about advice to sports bettors from sports bettors.  Some of the advice was sound and fundamental, some was humorous.  We thought you would enjoy seeing a compilation of the wisdom (or otherwise).  They are broken down below into two categories: Serious and Not So Serious.  Here they are:

Serious:

• Separate your objectivity from fandom, don’t bet with the heart, but with the brain.
• Bet the number, not the team
• Bankroll Management.  Understand what you want to bet with prior to starting and then determine your unit size.
• Less is more (number of games bet)
• Focus entirely on making the best decisions.  Don’t worry about results.  Those will come in the long-run.
• Process over outcome
• Analyze your performance
• If you can afford to lose, you are betting.  If you can’t, you are gambling
• The number isn’t always the book telling you how they think the game will play out, rather how they think the public will perceive it.
• Shop lines from different books.  The number and juice matter.
• Don’t chase.  Bet with statistics, not emotion.
• Get the best number.  Watch the market.
• Keep emotions out of decision making.
• “They play the National Anthem everyday” (don’t chase in a panic)
• Don’t bet teams that are in your closet.
• The money won on a Super Bowl ticket and the money won on a Korean baseball game are both considered legal tender that can be spent at the same locations.
• Don’t let a string of losses change your discipline.

Not So Serious:

• Whatever you lose o n the 12:00 and 3:30 games, put that on a PAC12 over
• When you think all is lost, there is probably a women’s tennis match starting at 2am in China
• If you lose a bet, don’t be hard on yourself.  You can always double down on the next bet to make up for it.
• If your morning parlay did not hit, then double down on afternoon/evening games
• You’ll eventually hit a 10 team parlay.  Don’t give up.
• The Hawaii game is always there to bail you out.

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