Be sure to follow the progress of the Fazzer Fund at Pregame.
Off to a decent start in 2011. Looking to continue to gain momentum going
into June. Lets get em!
You can get all of my MLB plays for free at Pregame.com...I post in the MLB forum.
Visit today and get a free $50 worth of good information!
For those that are interested I will have all of the Fazzer Sports MLB selections posted
for free for the 2011 season. Check em out - Fazzer Sports know who wins and how they do it.
Search "Fazzer" in the forums section at Pregame to get the plays:
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I often get questions concerning bet size - should I be betting the same on each game, or be betting more on some games than others? Lets take a look at each of the methods to determine which is best for you.
1. Flat betting
Flat betting basically means that you are betting the same on each game. A simple example would be using a 2% rule. On each bet you are risking 2% of your bankroll. So if you have $5000, you would be betting $100 per game. Feustel, in his book Conquering Risk, recommends newer players betting 1% of bankroll with constant resizing. By resizing you will never go broke, in that when your bankroll increases your 1% becomes a bigger bet, and when your bankroll decreases your 1% becomes a smaller bet.
I primarily use a 2% per bet of bankroll, with resizing on a weekly basis.
2. Kelly Criterion
The Kelly Criterion can be described as a formula to determine optimal bet size when you know what your edeg (or expected value) is.
Although it sounds confusing, it really is easy to understand
Here is a great explanation by Justin7 from Sportsbookreview.com
The key to using the Kelly Criterion to determine optimal bet size is having an accurate assessment of what your edge is. If you feel that you are a 55% handicapper, but in reality you are only a 51% handicapper, using Kelly will cause severe harm to your bankroll.
For most, sticking to flat betting 1-2% of bankroll with resizing is the best plan. While always trying to get the best of the number and the best price.
1. Day Trade Sports - Become a Winning Sports Trader
1. Betting to large based on your current bankroll.
2. Betting bad numbers.
3. Betting on your favorite teams/betting TV games.
4. Unrealistic expectations.
5. Not enough betting outs.
6. Chasing to make up for losses.
7. Too many exotic bets (parlays, teasers, etc.)
8. Betting too many games/sports.
9. Cant handle losing streaks.
10. No understanding of math behind winning.
Guys turn yourself into a winning player. Have a plan and stick to it,
and be disciplined in what you are trying to accomplish.
With football season over it is time to get serious about CBB - check out
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I do not pick games myself - but I know who wins and how they do it.
Contact me anytime and we can talk shop.
When comparing types of people who bet on sports, over the years it has been easy to see glaring differences between those who lose money betting on sports, and those who are able to show long term profits betting on sports. Let’s take a look at 3 of these differences and how they can help teach you to become more profitable betting on sports.
Long term winners have a detailed plan. Losers have no plan.
People who win long term treat sports betting as a serious business, not just a weekend hobby. They run their operations no different than if they were the head of a Fortune 500 company. No different than working as a Wall Street trader, serious sports bettors have specific goals that they are trying to achieve over a specific period of time – trying to maximize return on investment while taking the proper steps to minimize their risk.
On the other hand the “weekend warrior” has virtually no chance to win long term at sports betting. They treat it like gambling – with no specific plan and often times unrealistic expectations as to what they should be trying to accomplish and what is involved.
Long term winners have realistic goals. Losers gamble with the hopes of the big score.
If someone told me that I could have a 20% return on any investment, compounded for the next 25 years – from in investment standpoint I would be one VERY happy person! But the average losing sports bettor does not understand how powerful numbers like these can be over the long term. They want to turn $500 into $2500 in the course of one football season…and think that they can do it just because they watch every single football game each Sunday. Well more times than not the $500 is all gone by week 3 or 4 and they are left scratching their head saying, “What happened?”
Long term winners have proper bankrolls. Losers continue to reload their accounts.
Without getting into in depth details about how much to bet on each game, for the sake of discussion, let’s use a basic 2% rule. If your gambling bankroll is $5,000 you would be flat betting 2% of that amount for each play, or $100 per game. So generally speaking if you are betting $100 a game you have at least $5000 in capital to work with.
Now why do losers continue to reload their accounts? They are betting too much per game. Let’s take the conservative 2% rule again. If someone starts with $500 they should be betting $10 a game. “What $10 dollars a game…..I can’t make any money betting only $10 a game…!” And herein lies the problem again. People start betting more than they should, because to make the money they are looking to make, they have to gamble with the small chance they will get on that 70% hot streak. But what happens 95% of the time? The hot streak never happens and their $500 dollars is gone before they know it.
Review of Key Points
Fazzer Sports goal is to provide Advanced Sports Betting information for those that want to be more successful betting on sports. With the creation of the largest sports betting library on the Internet as well as relevant services and products – FazzerSports.com will become a leader in the sports betting industry.