Expert Sports Betting Tips Professional sports picks from a hand-picked world-class roster with 50+ of the best professional sports handicappers in the world. This is your one-stop-shop where you’ll find professional sports bettors with guaranteed sports picks and predictions to bet on. Professional Sports Betting If you feel like your life is in dire need of a constant, mentally exhausting challenge, perhaps betting sports professionally will satisfy your needs. First, you need to understand a few numbers. One, the top sports bettors in the world don’t win even 60% of the time. Professional Sports Betting If you feel like your life is in dire need of a constant, mentally exhausting challenge, perhaps betting sports professionally will satisfy your needs. First, you need to understand a. SBR provides hundreds of free picks from sports betting experts and professional handicappers each week. We have scoured the country to find the leading experts on NFL, NBA, MLB, college football. Professional sports betting, Sports Betting, sports betting bankroll management, sports betting pro, Sports Betting Strategy Rex Hoffman / Author Rex Hoffman is a passionate sports writer, with over five years of experience covering sports journalism in line with the Vegas betting landscape.
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How to read Super Bowl 55 Odds
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The Kansas City Chiefs wil meet the Tampa Bay Buccaneers in Super Bowl 55 from Raymond James Stadium in Tampa, Florida on Feb. 7, 2021.
The Chiefs opened as -3.5 betting favorites while the Buccaneers are 3.5 underdogs.
After early wagers came in, most operators are holding Kansas City -3 (-120).
If you were to wager on Kansas City -3, you would have to lay 5/6 odds (Bet $120 to win $100) instead of your normal 10/11 juice (Bet $110 to win $100).
The return on Tampa Bay would be even-money (1/1) and a $100 wager would return $100.
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The total or over-under on Super Bowl 55 is hovering between 56 and 57 points.
How to read NFL Las Vegas Odds
The point-spread was developed to provide a balance for both teams involved in a contest to entice bettors to potentially back the weaker team and receive points. The two squads in a game are listed with a title, either a favorite or an underdog. The favorite is usually the perceived better team in the game, as backing them means giving up several points.
The favorite is always listed with a minus (-) sign before the point-spread while the underdog is labeled with a plus (+) label.
Ex. Favorite -10, Underdog +10
On the VegasInsider.com odds page, there is another number associated with the favorite and its listed as -10. This number is simply defined as “vig” or what many in the sports betting industry call vigorish. Another common term is called “juice” and it’s technically the price the bettor has to pay on a straight wager.
Ex. Bet $110 to win $100 (10% juice)
Ex. Bet $100 to win $90.91 (10% juice)
It's not uncommon to see other values posted other than -10. Examples seen on the NFL Vegas Odds pages could include -08, -12, -15 and -20. The -10 price is the most common value in the industry while many books offer reduced 'juice odds' and that would fall into the -08 category.
The lower-juice sportsbooks are normally found outside of the state Nevada. If you are in a state where sports betting is legal, please check out our online sportsbook directory to find the best and most secure places to make NFL bets.
Another number that’s posted on the NFL Las Vegas is the total or ‘over/under’ for the specific matchup. If the favorite is designated as the home team, then the total will be listed above and vice versa if the visitors are favorites.
All of the above numbers are listed next to the teams, and before each matchup is a Rotation number. The NFL Las Vegas Odds are listed in order of rotation and those numbers are generated and produced by the sportsbooks. Above each matchup and rotation is the Time of the game, which is subject to change. All game times are Eastern Standard Time.
NFL Open Line
One of the best features on the NFL Vegas Odds is the Open Line. This numbers consists of the first betting line received from one of our Las Vegas or Global Sportsbooks. The opening line varies depending on the sportsbook but it provides a clear-cut rating that the oddsmakers use. If you’re betting on the NFL or any other sport, it’s a great idea to view the open line first.
VI Consensus NFL Line
The VegasInsider.com Consensus NFL Line is just as important as the Open Line and also a key resource on odds platform. The Consensus column could be called a “Median Line” since it shows the most consistent number provided by the sportsbooks on VegasInsider.com. The consensus line will be the same as the open line but once the wagers start coming in, this number is often different than the openers.
How do I bet on the Super Bowl?
We know that you can bet on the Super Bowl and all of NFL Futures or bet on the NFL Draft at any time of the year, but what’s the process? The future wager or the “Odds to Win” bet on the Super Bowl is correctly selecting a team to win an event that takes place at a later time. A bettor will have his wagered money tied up until there is an outcome and bettors will receive fixed odds when they place the wager. In the case of the Super Bowl, you’re not a winner or loser until you see zeros on the clock in the final game.
Most sportsbooks offer different ways to read to Super Bowl Odds. In the fractional NFL Futures Odds format below, you simply take the odds and multiply by the amount wagered.
Ex. Green Bay (8/1) to win the Super Bowl
The Packers are listed as an 8/1 betting choice to win the Super Bowl. If you wager $100 on Green Bay to win the NFC and they capture the championship, then you would win $800 (8 ÷ 1 x 100). Your online betting account would then credit your account $900, which includes your win and stake ($100).
The American Format would see Green Bay listed at +800 and for the Decimal Format, the Packers would be 9.00.
If you are in a state where online betting is legal, we encourage you to check out our sportsbook directory to find the most trustworthy and reputable sites and mobile apps to place your Super Bowl bets.
For avid sports betting fans, turning their most beloved pastime into a full-time profession seems like a great deal. You may have spent hours daydreaming and wondering if the dream could ever become a reality.
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But first, you must dedicate yourself to the craft entirely. Becoming a pro sports bettor takes more work than you can imagine, but the rewards are immense.
So, let’s look at how to become a pro sports bettor so you can start winning at online sportsbooks.
It’s No Walk in the Park
The life of a pro sports bettor isn’t a reprieve from your 40-hour workweek. But it will most certainly shake up the monotony of everyday life.
To be transparent, not everyone is cut out to be a pro sports bettor. For gamblers willing to make the sacrifices to succeed, it can be gratifying.
No pro sports bettor comes close to even a 75% winning percentage. That would be insane.
They lose plenty, but if they win close to 54%, they make a decent profit. They earn enough that the wins outweigh the losses, and they can stay afloat.
Why Be a Pro Sports Bettor?
Becoming a pro sports bettor is such an appealing career choice because there are so many distinct advantages.
To begin with, being 100% in command of your daily grind is incredibly attractive. Total control over your workweek is what I’m talking about here.
Most of the work you put in as a pro sports bettor can be done when it’s most convenient.
As with most anything, there are exceptions to the rule. Generally, life as a pro sports bettor will put you in charge of your schedule.
The freedom to make your own schedule is priceless. Take it from somebody who enjoys this perk. It’s the best feeling in the world to be where you want to be when you want to be there. Of course, my wife sometimes has other ideas.
In addition to deciding when you work, you’ll benefit from choosing how much or little you work. In the beginning, you will likely still be working another job to ease into the transition. Whenever you decide to cut the cord and go full bore, you should expect to put in tireless hours as you get started.
Once you have established yourself into a routine and are comfortable in your new career, you can choose to work more often or less often. This will depend mainly on your own goals and outside commitments.
The flexibility doesn’t end there either. You’ll also have the luxury of choosing where to work. Thanks to smartphones, tablets, and laptops, you aren’t spending long hours at the sportsbook.
Here are some other reasons to become a pro sports bettor—the dress code, earning potential, and the pure adrenaline rush.
Characteristics of a Pro Sports Bettor
There are no prerequisites to becoming a pro sports bettor. Any gambler with the necessary determination can succeed in this field.
There are, however, personality traits that lend themselves to improving your chances of success. If you plan to be a pro sports bettor and find yourself lacking in any of the following areas, you may want to work on these.
You don’t necessarily need to be a die-hard sports fanatic. You never want your emotions to interfere with making the best picks.
Being interested in sports will hedge against things getting stale. As we’ve all learned at some point in other work lines, the promise of money won’t always be the draw needed to keep you on the hook.
I already mentioned the importance of knowledge. The critical aspect is to continue learning about your craft, strategies, the sports, leagues, and teams you are betting on. Do your research.
There isn’t a professional gambler on the planet that has maintained long term success because of luck.
Having a proclivity for numbers is as vital to your success as knowledge for a pro sports bettor. You don’t need a PhD in mathematics to carry the load. Most of the sports betting math is relatively basic and easy to comprehend. Pro sports bettors will need to understand things like probabilities and odds well.
Sports betting can be rewarding and is as exciting as it sounds. Just remember to always take the good with the bad.
Be realistic. You won’t win every sports bet. In fact, just breaking even is a great start. That is going to take winning about 52% of your bets. This is a marathon, not a sprint, so don’t expect to make a million in your first month.
Set Goals
You’ll want to keep tabs on your progress and have an eye on your spending. To help with this, you need specific goals to work toward.
Don’t go down the road of many hopefuls and set goals that are simply too big too early. Set a realistic goal for your first year’s earnings and steadily work towards that number.
Some sports bettors will set monthly goals. Don’t fall into this habit. Because of the unpredictability of sports betting, a bad week can sidetrack an entire month.
Remember it’s a marathon, not a sprint.
Keep Detailed Records of Your Wins and Losses
You will be more successful at fine-tuning your approach when you have an accurate record of your best and, as importantly, your worst bets.
Look for patterns that have emerged in your wins and losses.
You should know that and leverage your strengths into more profits. Always analyze your strengths and weaknesses. You can’t stay away from weak points in your betting game if you don’t know what they are. You don’t want to arrogantly assume you don’t have any.
Manage Your Bankroll Effectively
All gamblers need to stick to a firm staking plan. This is even more important if you want to become a pro sports bettor.
Pro sports bettors do not have the luxury of taking enormous risks.
Your income depends on every bet you make. Bankroll management will make you or break you as a pro sports bettor.
Even the most analytical mind on the planet is wasted if you can’t manage your money correctly.
Check Your Emotions at the Door
Sports bettors that bet on a team because they want the team to win are doomed to failure. Always bet based on your best analysis of the matchups. Anything less than that is going to be a genuinely tragic and unnecessary setback.
This can spell disaster for some pro sports bettors. You eventually will take a string of losses. That feeling of euphoria from winning beckons you to double down and get it all back in one fail swoop. Avoid this mentality like the plague.
Become a Master of Your Discipline
Pro Sports Betting Reddit
Self-control and discipline are paramount to your success. It will be easy to get carried away sometimes. This is why it’s imperative that you set firm guidelines and stick to them.
A work schedule for a pro sports bettor may look different for everyone. I suggest going hard to begin, but not so hard that you burn out. After you have spent a few months as a pro sports bettor, you will then have a much better idea of how to maximize your time efficiently.
Know Your Worth
Sports betting can be anything but predictable. There are going to be times where your winning percentage will be far below what is needed.
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Don’t let your confidence waver. Sports bettors can fall into the trap of making small safe bets when this happens. Stay focused on finding value and know that bad days are just that and not the end of the world.
Conclusion
Become A Professional Sports Gambler
The life of a pro sports bettor is sure to be as exciting as it is unpredictable. Taking the proper steps and putting in the research ahead of launching into your new profession will continue to pay dividends far down the road.