The last post I posed the question of which bet would you prefer to have. BET 1 or Bet 2? It isn't some trick question or anything like that. I'm not using these posts to say you idiot you would bet 1 or 2. I am posting these columns because of the reason I decided to go public in the first place with my picks even though my father and I run a very profitable business handicapping for investors. I just got to the point with the boom of online sports betting and the growth of it as a possible profession. I have a feeling as much money as there is already being bet on sports it is only going to keep on growing. Whenever you have any growing industry people are going to jump on the bandwagon and I got fed up reading all this trash from "Scamdicappers" taking advantage of the general public who wants to be able to make extra money betting on sports. So I decided that it was time wether or not anyone wants to read it is their business, but way overdue that someone actually tells you the way it really works. People are starting to see the advantages of betting on sports as an investment the same as stocks and having a stock broker. Anytime I meet someone who asks what a professional handicapper does? My explanation is to that effect I do the same thing as a stock broker except instead of keeping track of companies and commodities I keep track and invest in horse racing and sports. Instead of buying stocks for people to try and make them money. I bet on sports and horse racing exactly the same as stocks to your stock broker. Just like the stock market you have a ton of people who think they don't need a stock brokers help and try to do it on there own. 95% of the time they end up broke. It took me my whole life being around sports betting followed by 3 years I took off horse racing to put myself through sports betting college. I am lucky enough to have had my dad in the horse racing industry and still is one of the nations best handicappers for the past 3 decades now. So of course I was a sponge and spent time with the sharpest of the sharp sports bettors. I also studied up again on economic statistics, analytics, all the way to human psychology. Yoy may be saying why all of those random things and what does any of it have to do with Sports betting or the question of which bet you would prefer to have from above.
Well actually it has everything to do with it. All those factors are used by the people who make the lines to get the general public to bet the way that they want you to. The sportsbook hire companies that make opening lines for the games. So when we see Miami -5.5 in the first game vs. San Antonio that doesn't mean that the sportsbooks think or are saying that Miami is 5 to 6 points better than the Spurs nor do they mean that Miami will win by 6 points. The first opening line could be a certain number for many reasons, the goal of a sportsbook is to collect the vigorish your -110 and have as close to 50/50 bet on each side of the game. So the opening line is set by companies that have studied the same crazy things that I have psychology. Without knowing it no matter what we all want to see fun games so already your head is hoping for in basketball Miami to put on a show and the games to go over the totals. For those of you who are going to say that is why I bet moneyline so I don't have to worry about the vig. Hate to break it to all you Moneyline bettors but the vigorish is factored into the moneyline, futures everything. I also spent time running a sportsbook on the strip for 6 months of priceless education. If you want to learn how to beat someone or something why not learn how they beat you. Every dollar bet in a sportsbook changes their possible bottom line that is why lines are always changing. The line movement isn't necessarily a reflection of the money taken in on just that game, it is a reflection of a combination of all the wagers that the sportsbooks have a position with that depends on the outcome of a game. If a sportsbook is going to lose money they will change the lines to have people come and bet on the side they need the money.
Now back to the question of which bet you would rather have if your betting the Spurs. With 70 bucks at +190 to win the series overall if they win the series your $70 pays $133. Now to my points of casinos and different sportsbooks online and everywhere now that is a huge advantage for us bettors. Just because the spurs in 6 games pays +600 at William Hill doesn't mean that if you shop around you could find the same bet at +700 elsewhere. So instead of just betting the series outright, for the same 70 bucks without shopping lines could get you back 120 at the least however 250 if spurs win in 4. All I am getting at is that essentially you have the same bet where there is a chance that you will get back $13 less if the Spurs win in 6 and $3 less then the straight win the series payout if the spurs win in 7 games. On the other hand lets say your right and the Spurs win in 4 games wouldn't you rather have the opportunity to make $117 more than taking them to win the series at +190. Either way you go if you're right and the Spurs win no matter what you will make money but one way you will only get $133 no matter what or the possibility of getting back $120 up to $250 for the same bet. SO JUST REMEMBER THAT IS WORTH THE TIME TO SHOP AROUND AND THINK BEFORE YOU BET YOUR HARD EARNED MONEY. OR TALK TO A REAL PRO HANDICAPPER THAT YOU CAN TRUST.
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