Profitable Sports Gambling Begins With Discipline
There’s a strange dichotomy between the complexity of high level sports handicapping and the amount of theoretical literature on the subject. While successful sports betting is a complex and difficult pursuit, there’s very little that’s been written on the subject from a serious theoretical angle. For that reason, it can be helpful to delve into the wealth of books available to the serious poker player for insights that can be applied to sports betting.
Poker literature is especially applicable to the sports handicapper because both can be very profitable for a knowledgeable, experienced and skillful pro. Poker expert Bob Caro has noted that while there are a number of professional gamblers specializing in poker and sports wagering there’s not a single person who can honestly say they play roulette for a living.
The simple fact is that the house edge in roulette cannot be overcome by any combination of skill, experience and/or discipline. When you win, it is because you get lucky. When you lose, its because you didnt get lucky. To add another Caro concept to the equation, the decisions that the player makes when playing roulette simply dont matter”at least in terms of overcoming the theoretical edge enjoyed by the house. In the long term, it doesnt matter whether you choose red or black, odd or even, or certain numbers. You may get lucky with your choices or you may not, but these decisions do not impact the house edge one iota.
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Caro stresses the paramount importance of discipline to a poker player’s long term success and profitability. It’s important to keep in mind that to succeed as a professional gambler that you need to approach a trip to the casino with a diametrically opposite mindset to that of the recreational gambler. A recreational gambler heads to the casino to *avoid* discipline and ‘unwind’. The professional uses discipline to his advantage.
The importance of discipline that Caro imparts to poker players also applies to serious sports gamblers. The most fundamental component of sports gambling success is to look at it with the same degree of seriousness, discipline and professionalism that you would any other vocation. It’s crucial to rework your thought processes to those of a professional, and abandon all vestiges of the ‘recreational gambler’s’ approach to betting. The greater degree to which you can be disciplined and methodical in your sports gambling, the greater your level of success and profitability.
There’s nothing wrong with being a recreational sports gambler, or a recreational gambler of any sort. They’re vital to those of us who do this for a living since they’re what keeps casinos and sportsbooks in business. Ultimately, the best handicapping is pointless without a sportsbook to take the action.
The life of a professional sports bettor isn’t for everyone, and if you just want to bet recreationally and have fun with it that’s great. While a few theoretical tips here and there won’t hurt, the only discipline that really matters for a recreational player is the same thing for any other hobby–don’t spend more on it than you can afford to. After that, you’re on your own to have fun with it.
Ross Everett is a freelance writer and respected authority on sports betting odds comparison. He writing has appeared on a variety of sports sites including sportsbooks and World Cup betting sites. He lives in Las Vegas with three Jack Russell Terriers and a kangaroo. He is currently working on an autobiography of former energy secretary Donald Hodell.
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