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As a sports betting writer with nearly 30 years of experience, I’ve come to realize that the world of sports betting is constantly evolving. Even the most skilled bettors are always learning and adjusting their strategies. What may have worked in the past may not work today, especially considering how the sports landscape has changed over the years.
When I first started betting on the NFL, the game was dominated by strong defenses and running games. But now, betting on pro football totals regularly reaches the 50s, and the last two drafts have seen only two running backs selected in the first round combined. In the NBA, I used to enjoy betting on the “under” when totals were in the 170s or 180s. However, it has become extremely rare to see a total below 200 in any NBA game.
Back when I began betting, the internet was just becoming widely accessible. However, it didn’t offer much assistance for sports betting at the time. I had to rely on watching games and studying the local newspaper to develop my handicapping skills. Nowadays, every imaginable statistic is available on your smartphone. You can even follow beat writers on social media to gain unique insight into lesser-known sports programs.
With the legalization of sports betting in many states across the U.S., placing a bet has never been easier. However, bookies and oddsmakers have become more sophisticated than ever. They aim to maximize their revenue by understanding their clients’ betting patterns and adjusting the odds accordingly. Nevertheless, bookies are not infallible. With hundreds of matchups to cover daily, they may overlook certain leagues or teams, creating opportunities for those willing to do their research.
The act of handicapping has become more accessible, but winning margins have become smaller. Bookies have access to the same information as bettors, eliminating the significant edge that handicappers once had. Making a living solely from sports betting has become more challenging in today’s era.
However, there are key tips that can increase your chances of long-term success in sports betting. These tips may seem basic but are crucial for every successful bettor. Here are my top sports betting tips:
- Discipline Is Key: The most critical tip for success in sports betting is discipline. Even if you have a talent for picking winners, an undisciplined bettor will ultimately lose in the long run. Avoid chasing your losses or getting overconfident during winning streaks. Stick to your research and betting plan.
- Money Management: Establish a dollar amount per unit and strictly adhere to it. Increase or decrease your per-unit bet based on your bankroll. Doc’s Sports employs a Unit System for money management, with the dollar amount for one unit never exceeding one percent of your bankroll.
- Have Multiple Betting Sources: Finding the best number on a game is crucial. Different sportsbooks offer different lines, so having access to multiple sources can make a significant difference in the long run. Even a half-point or a few cents can accumulate over time.
- Keep Track of Your Wagering History: Use a spreadsheet to record your betting history. This helps you identify mistakes, improve your handicapping, and stay on track with money management.
- Specialize in a Sport or Team: Becoming an expert in one sport or team can increase your chances of long-term success. In addition, focusing on sports that oddsmakers don’t prioritize can provide profitable opportunities. Finding value in smaller conference college football games or lesser-known leagues can give you an edge.
Remember, making a consistent profit in sports betting requires dedication, research, and discipline. By following these tips, you’ll give yourself the best chance of becoming a sharp bettor. For sports picks across various leagues and matchups, visit LVSB’s free picks page.
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