Here is the reality of this industry. A sports bettor loses more often than
they win. This endeavor is almost impossible to beat. It is exciting and
exhilarating, which is why so many are involved, yet only 3%-5% of sports
bettors are profitable overall! I Googled the question, “What is the
average sports bettor win percentage?” I am pasting the answer here.
Different studies spit out varying results, but somewhere
between 3-5% of all sports bettors are profitable in the long run.
Some turn into very successful gamblers, while some only take home modest
winnings each year. Most of these successful gamblers have spent years
perfecting a system that works for them.
As a result of all this loss, there is a need to gain access to the bets
made by those few who win. Bettors are then willing to spend money for this
access. So far, a serious need can get satisfied via available wagering
services. Seems like a good business situation for everyone, right? Well, yes,
but not exactly. Here is the truth. There ARE services
that supply long-term winning wagers. Most of these services are expensive to
gain access to their wagers. Hence, we get just about everybody marketing their
ability to make winning wagers. Go back to the beginning! It is an absolute LIE
that most services win long-term. They rarely do, so when you use Google and
type in “Sports Handicapping Services,” the result shows 62,300,000
results! Yes, that is 62 million results! A smart deduction of this can only be
that this industry is convoluted with garbage, making finding real services
nearly impossible.
Let’s talk about how a bettor makes money. They must win their bets which
seems obvious, but they must also cover the sportsbook vigorish (also known as
“vig” or “juice”). A normal sports bet will have odds of
-110. A bettor must win 52.4% of their wagers to win the equivalent dollar
amount to cover the vig. If the bettor now uses a handicapping service, they
must also cover the expense of that money spent. This means the amount of money
wagered per game and the amount the service charges are crucial to a bettor’s
ability to afford a service. If you are a casual bettor wagering $20 per game
and a service is $100 per month, you will have trouble! A typical service will
give you 3-4 plays per day, so we use 30 days times 3 plays we get 90 plays. If
you wagered $20 per game (x90 plays) you would have wagered $1800 for that
month. Now add the $100 fee (remember that is 5 of your bets),
and we get $1900. Let’s say the service wins 52.4% of the wagers earning you
$943.20 (52.4% x $1800). If you won 50% of the wagers that is $810 plus and
$990 to the minus. Remember, the odds are at -110, and this is that effect, so
now you are losing money. Either way, there is still $100 to pay. At 52.4% you
will be in the hole $100 and at 50% in the hole $280 ($990 losses, -$810, wins,
and $100 fees). So, even if you are at 50% you lose $280 monthly! The larger
amount of money to bet per game reduces the impact of the fees unless the fees
are extremely high. This equation really needs some care by the bettor to make
sure the math works.
Services range in price yet a normal amount is $100 per month. I know
services that are nearly $1000 per month, so it all depends on the value to the
consumer. Then there are the ever-popular FREE handicappers on social media.
These guys are not entirely void of knowledge and can show a profit in the
short term. However, anyone not willing to charge something for their work is
NOT a professional. Thus, I ask, “Would you willingly wager your
hard-earned income based on amateur advice?” This could apply to any
service industry like electrician, stockbroker, plumber, or doctor! As a smart
deducing person, I believe this to be a fallacy world. As you make smart
choices, you must determine what service to choose and why. There
are several ways to sort out the 62 million options quickly!
Ask for transparency, not records! Record verification is weak and
completely made up! Third-party verification companies can also be bought, I
know because I have personal experience with it. Most verification companies
make money from handicapping services. The service pays them to keep their
record. But it doesn’t quite work like that. The verification company has
software tied to the lines of the games. The service inputs their plays, but
often the lines don’t match what the service gave out. It becomes a negotiation
over whether a wager should be graded win or loss, and often because the
verification service doesn’t want to lose money and wants to keep a service
happy, changes records. Regardless, there are better ways. Being that smart
person, you wouldn’t take the word of mouth from someone you don’t know. Why a
verification company you don’t know? The better way is to ask questions about
the service when they try to get you to sign up.
You need to know how they handicap games. Are they just reading trends on
Google searches or doing some homework? Don’t let a service tell you they have
systems! Wagering doesn’t work off of systems. Don’t buy into the catchphrase
“we have and get inside information.” No one has that. A legitimate
service should be wagering based on the value in their odds against the
sportsbook odds, so they will be able to detail that value in terms of
percentages they see. If they cannot, weed them out. You should be
“interviewing” your service candidates! You want to know how they
come up with their selections. A service takes pride in their work and will gladly explain most things. Certainly, you want a service able to “read
the market.” Line moves are big news. A winning bettor makes their bets
based on these regularly. Your service should have a vast knowledge of this
market! Ask them questions about it.
It is as simple as almost everyone should be using a good service. I have
been in this industry publicly supplying and selling wagers for 10 years. I
want to be paid for my work, but I also wager on every bet I provide. That is
important! I don’t want to make my living from the service; I do that from
wagering! I provide this service to teach those who want to learn, advise those
interested, and allow bettors to follow one of those in a 3%-5% long-term
winning group keeping them from all the riff-raff they could run into.
Sign up for only $49.99 monthly or $200 for a season.
Use this link: https://mlb-daily.com/premium-services/.