Submitted by Richie B. Oddsmakers Consensus on Wednesday, February 15, 2017 at 5:00 PM
The heart of college basketball season is a great time to review how sharps (professional wagerers) make their living. Too many casual bettors have a “big score” or a “get rich quick” mentality. Sharp betting in the modern era is much more about playing every edge you can find as you grind out a profit with something even as conservative as a 53-55% win rate. Build your wealth slowly and surely rather than letting everything ride on one or two big bets.
Now, don’t get me wrong. Sharps do make some big bets! But those are relatively rare because:
*The softest lines to attack are typically the openers
*Limit are lowest when the openers first go up
*Lines react very quickly to even the slightest hint of sharp interest
The market is sophisticated enough that making a killing on one game isn’t likely to happen unless an individual sharp or a syndicate is privy to major injury news during the day. Even then, most Nevada stores limit their exposure to this kind of development. They have their own sources for injury news…and they’re also very wary of any big bets in college or pro basketball that seem to come out of nowhere.
Think of everything that’s stacked against any casual bettor (or square) hoping to “get rich quick” with a monster play…
*Oddsmakers are good at what they do, meaning the openers are going to be pretty good.
*Early money shapes the line and makes it stronger.
*There are MANY sharp syndicates in the marketplace, meaning a lot of sharks trying to feed in the same area.
*To make a big bet in Nevada, you have to have cash in hand to place that bet! Most squares don’t have a big enough bankroll to allow for a large cash bet up front. This isn’t like betting on credit with your local bookie. If you want to make a big score in Nevada, you have to have the equivalent of a big score in your pocket already!
Modern sharps take what the market is giving, using bet sizes that correlate with the perceived size of their edge, then let nature take its course. If they know what they’re doing, their profits will gradually pyramid through the season…through the calendar year…and over a series of years.
I also want to remind you that what might seem like a very large bet to you usually isn’t to a veteran sharp. They bet big because they’ve earned big bankrolls. A 1% or 2% bet for a wealthy sharp is going to be larger than many of you putting everything you have at stake. It seems to the uninitiated that “getting rich” from sports betting involves big bets. Actually, the big bets are the end result of a lifetime of building a large, less vulnerable bankroll. It’s all relative.
I want you to think about this as you map out your wagering strategy for the rest of college hoops. Many of you are just now getting back in the water after a post-Super Bowl break. You know March Madness is coming up…and you want to be ready. Being ready for YOU means:
*respecting the market
*respecting the grind
*putting together a reasonable, responsible bankroll
*plotting to patiently build your profits over time by making intelligent bets
Maybe a big bet opportunity will arise. Perhaps you know a team or two so well that you’re more informed than the marketplace about how they’ll perform. If so, that’s a 5% play…not a “let it all ride” play! Even if you’re right about that team…the opponent may shoot lights out…the referees may get in your way…or a key star might get hurt in the first half. No such thing as a lock in a 40-minute college basketball sprint.
Be aware that, if you sign up for my personal service here at the website, you’ll be getting my very best bets every night…but those are typically designated as 1* or 2* plays. My approach is responsible, and is designed to put clients in position to safely build their bankrolls while trying to limit downside risk. I want YOU to BET LIKE A SHARP!
Thanks for reading. Back with you again before the weekend to talk more basketball. If you’re interested in service…you can purchase my daily BEST BETS right here at the website with your credit card every day. If you have any questions about longterm packages, call the VSM office at 1-888-777-4155 any weekday during regular business hours.
We’re coming up on the most exciting sports betting stretch of the entire year. Make sure you’re ready!