Most people probably haven’t heard of Billy Walters. But if you are an aspiring sports handicapper you should know who he is. Billy Walters is one of the richest men in America and he got there doing one thing and one thing alone, betting on sports. From Lefty Rosenthal, the man Robert DeNiro’s character was based on in Casino, to Teddy Covers of covers.com there are many examples of sharp sports bettors who have built empires by taking advantage of the small errors in spreads that arise when too many people bet with their hearts instead of their minds.
Most sports sharps won’t concentrate on just one season or one sport. But if you’re new to sports betting, NCAA basketball is probably the single best sport you could start in. With 371 Division I basketball teams alone and a season that spans November to April, NCAA basketball will always keep you in action. Another great feature of NCAA basketball is that its fans are particularly fanatical. Lines moving 5 or 10 points from where they should be is commonplace. Lines moving 20 points astray is not unheard of. This means there are frequent opportunities for big profit. A good place to start looking for good analysis, insights and spreads is covers.com, the home site of prolific and wildly successful sports betting legend Teddy Covers.
Back to Billy Walters. So how did Billy Walters get to be one of the richest men in America doing nothing save betting on sports you might ask? The answer is quite simple: through the incredible power of compound returns. It may surprise some new to sports betting to learn most top pros don’t have a huge edge on any given play. In fact you may hear it said that if you can win more than 52.5% of all your picks, you can get rich betting sports. And that statement is true. The trick is to always make what gamblers refer to as positive expectation bets. These are bets where you have a long term expectation of positive returns. The other trick is to keep your money in action every day. A pro sports bettor may not expect to make much more than 1% or so on any given play. But 1$ compounded daily over a year will give him returns of 3700%!
If you’re interested in learning more about the fascinating and lucrative world of professional sports betting, check out covers.com. Covers.com has been providing cutting edge stats, articles and insights for sports enthusiasts since 1995. With a round-the-clock staff, you’ll never miss a beat no matter what games you’re following. And covers.com also maintains the best sportsbooks ranking in the industry, driven in large part by the experiences of their huge user base. Whether you’re a seasoned pro or an aspiring novice, covers.com is a rich source of information for all things sports.
In sports betting, like any other field of investment, information and good analysis is power. Check out http://www.covers.com and start your journey to professional sports betting today!
Although college basketball hasn’t started yet, its fans are already salivating at the fun and excitement it promises to bring this season. If you’re interested in breaking into the college basketball betting game without getting confused or going insane, use this Covers betting guide to learn more.
Pick A Few Teams To Track
One influence on the confusion surrounding college basketball is the large number of teams upon which you can bet. While this is also a major part of the fun, it isn’t wise to spread yourself too thinly here. Try to focus on no more than 10 teams or so every season. The rules apply a little differently when placing wagers on March Madness odds or other specific competitions.
In this way, you can get to know these teams, understand their capacity, and fully grasp how you can bet on them successfully. Remember, though, that successful betting requires dropping team loyalty and betting against your teams when necessary.
Carefully Research Each Game
During the week before each game, you should investigate your teams’ opponents, their success from last season, how they’ve been doing that season, and the kind of basketball they play. The latter point is particularly important, as some playing styles will challenge your teams.
For example, if one of your teams has a hard time managing teams that use zone defense, make sure to note any team that might use this defense against them. While this might not cause a loss for your team, it is likely toaffect the point spread.
Understand The Importance Of “Schedule Strength”
A team with a 6-0 record might seem impressive early in the season, but there’s a chance they might have a very weak schedule. For example, a perennial contender like Kentucky isn’t going to have a hard time with weaker teams, and they might have padded their schedule out early with non-contenders to get warmed up.
You can use this to your advantage, however, by betting against the spread, rather than the actual game result. A contender like Michigan State may end up winning a game against a weak team, but if the latter team overachieved and beat the spread, you may still collect some winnings.
With the help of these tips, winning your bets should be relatively easy this year. To learn more, please don’t forget to check Covers regularly. They offer the kind of high-quality sports betting tips that winners like you shouldn’t ignore.
No sport is outside of their range of betting, including football, baseball, basketball, all college variants, and even soccer leagues in other countries.