Are You Betting To Win?

Does that sound like a silly question? Okay, maybe it does. However you may well change your mind after reading this article.

Perhaps we should begin by separating the weekend warriors from those who look to sports betting the same way they would like at buying a stock or bond. For the sake of this article, we will say the weekend warrior is the one who lays down the occasional bet and is not too upset if his sports betting ends up with mostly losers.

What is betting to win? Betting to win, whether its a sports bet or any other sort of wager is, in one sense a calculated risk. At its heart, betting to win is accepting that winning with sports betting is a long term endeavor. Of course you have heard the tired old excuse of “ win some, you lose some..”. Sure, that’s easy for the weekend warrior to say when his bet goes the opposite direction he hoped. On the other hand, those who are really betting to win understand that saying above is the basis for a long term strategy.

Yes, you do win. Yes, you do lose some. The real goal of sports betting is to come out ahead overall. In simple terms, at the end of the year when you look at all the sports bets you have placed, when you look at the wins, when you look at the losses, then add up the money won and subtract out the money you bet, are you ahead? If you are ahead, did you get there on purpose, or was it a random occurrence?

You see, betting to win at it’s most basic is understanding and doing a little bit of math. Start with the fundamentals, the first of which is simple probability. Probability is just a mathematical way of expressing the chance or possibility of a certain outcome. Especially in the sports betting world, you really need to have a good handle on understanding the odds. You know darned well the bookmaker understands the odds; you have to understand them too. Finally, be aware that to come out ahead with sports betting, you want to get comfortable with using some sort of systematic each and every time you place a wager. It is this systematic approach to sports betting that ensures you really are betting to win.

The bottom line is simply this: those who are betting to win are in it for the long haul. They understand that its all about having and using a long term strategy.

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