This series will focus on some lessons I learned the last 15 years as a sports bettor
IF YOU WANT TO WIN...
YOU HAVE TO BE WILLING TO LOSE !
If you bet on sports and take a lot of low odds (1.80 or less), chances are pretty high that you are emotionally not willing to lose. Lower odds rarely offer great value and when they do it's always limited.
1,40 odds have a maximum return on investment of +40%
2,40 odds have a maximum return on investment of +140%
The reason so many people love small odds is because they feel a safe winner, but over time they are unlikely to end up with a real edge. Many will believe it has been profitable but chances are high that they don't know their exact betting record...
Betting 2.0+ odds will always come along with a high chance of losing the bet, but this pays over time when you know what your are doing. When you look at professional sports bettors, nearly all are willing to lose and bet higher quotes. It's something I still need to improve upon myself taking higer odds at cost of bigger handicap line.
Previous Articles...
Betting Wisdom | #4 If You don't know your Betting Record...
Betting Wisdom | #3 Always Take The Best Available Odds
Betting Wisdom | #2 Never Bet On Public Underdogs
Betting Wisdom | #1 You Don't Have To Bet
Let me know in the comments if this is relatable
Upvote if you want me to continue this series
