Are you a Sports Betting Pro ?

• Author: Ed
• Filed under: General
• Date: Jul 17,2008

A question we may all ask ourselves at one point is "do I take it to the next level?" What exactly that means can be a mixture of things, but does anyone who asks that question ever really succeed?

Sports’ betting online is a hobby and a pass-time for many people.  For others, it is a livelihood and a career.  I know many people that fund their life around sports-betting and I have to ask myself, "Do they have what it takes?" a lot of the time; the answer is no.  They constantly run their ‘business’ on very tight margins and for many – they are just addicted and waste great sums of money in chasing their losses.

However, there are a few inspirational individuals that really do have what it takes, and we’re going to take a quick look at them and see why they differ from other typical gamblers / cappers.

Let’s imagine this – we’re halfway through a season.  Our bank is positive and we’re up £200.  What do you do?  Take out the £200 or take out the initial investment?

You’ve just had a losing streak of five losses.  You’re now about to expose 20% of your bankroll in one bet.  Do you place it? Or do you fold?

Your friends a tipster and he just gave you a tip.   What’s the plan do you follow him or follow you?

Do know how much the vig has cost you since you started this season?

Do you have a history of all your online bets, EVER?

Ok, those questions are all pretty basic and perhaps uninteresting.  But read between the lines and they highlight something very real.  Sports’ betting is a business.  Right now it is a business for the books, they are very professional at calculating their take and making sure they get their share from you, and they are also very successful in appealing to your inner demon. If you are an experienced amateur sports-bettor, and you want to evolve to the next level; then you need to be the business. 

Over the next few posts we’ll be talking about taking things to the next level and becoming more professional and controlled in online sports betting.  We’re not going to tell you what to do, but our aim is to have some open debate on the matters that are important in becoming a more successful bettor.