A Beginner Handicappers Guide

January 9, 2011 by  
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A Beginner Handicappers Guide

A Beginner Handicappers Guide


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Home Page > Arts & Entertainment > Online Gambling > A Beginner Handicappers Guide

A Beginner Handicappers Guide

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Posted: Nov 13, 2009 |Comments: 0
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My first experience with sports handicapping was in 1976, when Joe Namath was nearing the twilight of his career. There was a game that year between Namath’s Jets and the Miami dolphins. That game made my life different. I teach my clients to have the self-control to allow me to identify games where there’s at least a six point difference between what the line is and what the line should be. We intend to then schedule a time to talk and see if we feel that there is a mutual fit…and if there is…I can tell you this…you will never gamble again…you will invest into profitable eventualities where the issue is not if you’ll win…but rather how much you will profit!

Plenty of pople new to Sports Betting ask me to elucidate to them the basics of handicapping. One of the most typical questions I get is about’Sportsbooks’ so I have decided to write a multi-part serries about sports betting, sports investing, and the way to make sports picks like a handicapper.

Sportsbooks operate by taking wagers. The types of wagers suggested by the sportsbooks are numerous , and the percentages alter too.

But essentially any wager deemed a favorite, will have a number like – 110, -165, -300, and so on. The negative means it’s the favourite, and the number behind it implies that’s how much you have got to bet to win 0. Now, laying 100$ on the Rockies, pays back 0. This massive payout will sway some bettors to take a 0 risk on the Rockies due to the large payout. The -300 Line on the Yankees will back off a few bettors who will not wish to risk the farm to win a pea ( 0 risked pays back 0 ). And the books will continue to adjust the line till gametime, making subtle moves to even demand between both outcomes.
-300 bettors who lay cash on the Yankees win the 0 risked by Rockies bettors. The sportsbook breaks even.

Now if the Rockies win, they get back their 0 hazarded, plus 0 because the line was ( +250 ). Juice is the fee for gambling. Sometimes the books break even. Infrequently they make the juice. 0 risk ed on Yankees plus 0 risked on Colorado = 0 in wagers, and profit.

In this situation , given both ways the game can end, the books are averaging profit per game for every 0 risked which is 1/16th or about 6% profit per game, based totally on whatever volume of business they do. wagers, again and again again, you can see how taking wagers pays them big money IF they can split the demand properly between 2 groups.

Some sports have spreads like NBA, and NFL, where betting on the Indianapolis Colts vs the Houston Texans means there will be a line.

For instance, Indianapolis as the favorite, again has a negative number – 14.5 lets say. They now have to win by over fourteen points toward cover the spread and pay their bettors. Houston Texans backers get 14.5 points positive, which implies they can lose by fourteen and still get paid.

Indianapolis Colts – 14.5 pays ( -110 )

Each bettor bets 110 to win 100, and if the wagers are even on both sides, the 110 lost by the losing team’s backers pays the 100 profit to the winning teams backers. That switches to between four and 5 percent profit guaranteed[**].

The sportsbooks goal is to balance their sides, make their juice, and keep customers content and constant, by paying ontime, and providing excellent purchaser service. Then the juice rolls in day after day. You can see that four to eight % profits are small, but considering the enormous number of business volume taken, the profits are incredible. A three hour sporting event can put thousands if not hundreds of thousands of dollars in the sportsbook’s bank accounts. It can put Millions of bucks in all the different sportsbooks accounts across the industry, when you factor in the variety of sportsbooks where people are betting. Not bad for a three hour sports occassion, and yet it goes on day after day after day.

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Tommy Messina
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My first experience with sports prognostication was in 1976, when Joe Namath was nearing the twilight of his career. There was a game that year between Namath’s Jets and the Miami dolphins. That game changed my life. It was then that I first learned the difference between “Public Money” and “Smart Money”. I teach my clients to have the discipline to allow me to identify games where there is at least a six point difference between what the line is and what the line should be. We will then sch

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Article Tags:
guide to sports betting books, sportsbooks basics, sports betting beginners guide

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A Beginner Handicappers Guide

My first experience with sports handicapping was in 1976, when Joe Namath was nearing the twilight of his career. There was a game that year between Namath’s Jets and the Miami dolphins. That game changed the course of my life. It was then that I first learned the difference between’Public Money’ and’Smart Money’. I teach my clients to have the discipline to let me identify games where there is at least a six point difference between what th…

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Nov 13, 2009

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My first experience with sports prognostication was in 1976, when Joe Namath was nearing the twilight of his career. There was a game that year between Namath’s Jets and the Miami dolphins. That game changed my life. It was then that I first learned the difference between “Public Money” and “Smart Money”. I teach my clients to have the discipline to allow me to identify games where there is at least a six point difference between what the line is and what the line should be. We will then sch

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