Sports Handicapping Services Explained

If you bet on sports, or perhaps even if you don’t, you most likely know what a sports handicapping service is. Most people know that they give out sports picks, but what is happing behind the scenes? Are all sports handicapping services the same? Do they really win often? What is inside information? This article will explain the sports handicapping profession by answering these questions. While every sports handicapping service operates in a different way, there are some common elements integrated into each one.

Inside Information

For decades sports handicapping services have touted their “inside information” as a reason why you should pay them. Before the Internet really took hold in the mid 1990’s, this was by in large accurate. It was necessarily that the sports handicapping service knew the players, it was the fact that they had access to information that, by in large, most sports bettors did not. In fact, unless you lived in Las Vegas or knew someone, your sports information was limited to what was in the general media.

The Internet changed all of that. Today, the average sports bettor has access to a plethora of information. Dare I say, the average sports bettor today has most access than did even the most informed sports handicapping service did before the Internet took off. The Internet has change betting on sports in so many ways. Sports bettors can easily shop lines, get information straight from teams and reports 24/7, bet on sports online, access mounds of stats and so much more.

The Call Center

The call center is still thriving and it’s where operators stand by to give you, the sports bettor, a selection or sell you on a service. Technology has greatly changed this area of sports handicapping, but it’s still around. One trick less ethical sports handicapping services use it to alternate their free selection. Let’s say that there’s a free pick advertised on an NBA game between the L.A. Lakers and the San Antonio Spurs. Caller one would be told that the “lock” selection of the day is the Lakers. Caller two would be told the “lock” selection of the say is the Spurs. Caller three would hear the Lakers and so on and so forth. Why would they do this? Well, by alternating, the unethical handicapping service is guaranteed to hit 50% and that means half of the callers become potential clients since they received a free winner. Unfortunately, it’s an effective technique.

The Free Sports Pick

We talked about free sports picks in the previous section. Every sports handicapping service has free sports picks. It’s the most used advertising tool out there. The goal is to give you a winner (or a good percentage of winners), so you can’t help but want their really good stuff. In the old days, you would get free sports picks by watching TV, reading media (like magazines) or calling up free pick lines. Today, free selections are all over the Internet. In fact, if you look long enough, you will probably end up with a 50/50 split on any game you seek out.

Pricing

There’s no real set pricing structure. Every service is different. Many services try to sell you season packages or special event packages. This way they can lock down money and concentrate on selecting games. Also, if you buy a season or event package, it makes their job much easier since they have a guaranteed customer. If you purchase daily picks, they have to keep working hard to earn you as a client. A couple of bad days and they lose you. If you are locked in for the season or event, it does not matter as much.

So, you now have a little peak inside the workings of a sports handicapping service. The world’s full of sports handicapping services, from the one-person operation to the larger company filled with sports handicappers.

Sports Gambling Tips for Winning

1. Develop your own niche. The best way to win money at sports gambling is to develop a niche and follow it closely. If you become an expert on a smaller conference you have a good chance to beat the house. Study your team’s strengths and weaknesses and know their home and road records. Pay attention to changes in the quality of a team from one season to the next and evaluate the change of players and coaching staffs from one season to the next.

2. Evaluate a team objectively. Bet wisely by keeping your selections limited. Also try to limit the influence of bias in your betting. If you are a fan of a team try to limit the effect of that favoritism when betting. Evaluate a team’s chances objectively and not based on emotions.

3. Bet against the odds. Certain teams always have a strong public following. High value bets can often be found by betting against these teams because the odds makers adjust the line to reflect the expected amount of public money so the underdog is often listed with better odds or a larger point spread than they really deserve.

4. Don’t chase your losses. When you do run into the inevitable losing streak, don’t panic and make the common mistake of betting larger amounts in an attempt to recoup your losses. Instead, examine your handicapping methods and reduce your betting amounts until you start winning again. Chasing your losses is the single biggest mistake a gambler can make. Once you start winning again, increase your bets slightly.

5. Pay attention to sportsbook commissions. Bet on games and leagues where the sportsbook’s commission is the least. This is often in the sport or sports with which that sportsbook does most of its business, as it is likely the most efficient in that area.

6. Bet systematically and keep accurate records. Betting regularly though a systematically and analytical manner, one can improve your judgmental ability. Keeping accurate records of your wagering activity will increase your winning percentage. Maintaining records of statistics will help you to avoid destructive wagering patterns and, at the same time will enable you to spot trends that may give you an edge.

7. Practice good money management. If you are going to bet on sports, it is important to set aside a certain portion of your money for betting. Contain the urge to bet with you winnings immediately. If you do not follow the standard rule of 50%, at least put some of your winnings back into your pocket

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