If I had a nickel for every forum title I read that started out something like “Can you really make money betting sports?” I would be the richest man on the planet. Fact: If every bettor lost all the time there would be no sports betting market. It is that simple. I am a winning bettor. I don’t have to pick the paper up anymore and study statistics all day. It took some hard work to achieve this status. If you are tired of losing money and want to start making profits, keep reading.?????
Let me provide you with some basic statistics for the sake of the discussion. There are over 6 billion people in the world. Lets say only 3 billion are adults. Of those adults, only 10 percent bet on sports. That is 3 million people that bet sports. Of those 3 million people, only 2 percent actually make a living betting sports. The other 98 percent lose money. That leaves 60,000 people in the world who profit from betting sports for a living! These numbers are extremely conservative; it is estimated that over 200 million people ALONE will bet on the Superbowl in a given year. Not only is it possible to make a living betting sports, it happens every minute of everyday to real people just like you.
I have identified three crucial issues that keep amateur sports bettors from turning professional and turning profits in their sports betting careers.
1. The single biggest problem with those who lose money betting sports is a lack of discipline.
2. The second biggest problem is non-application of any substantial sports betting systems to keep you consistent and on target.
3. The third issue is thinking like the typical square bettor and not like the bookmaker.
I will address all of these fundamental betting flaws and give you a glimpse on how a winning sports bettor thinks and acts.
One of the best ways to lose your shirt over the long run is bet chasing. Scenario: You thought you had the lock of the century last evening with the first game. You lost that bet on some unbelievable nonsense, maybe a back door cover in a game that was long over for both teams. You got angry, saw the next game of the night coming up and impulsively doubled your bet for game two to cover your losses from game one. Then, since you had no real system in place to keep you in check, that game ends up a loser as well and you are now down big. Everyone has done this, and I am no exception. This is the lack of discipline I am talking about. You will lose some nights, just like your 401k will lose value some days. It comes with the territory. Bet just that one game and if it loses, cut your losses there and tomorrow is a new day.