Right about now when summer is on the edge of fading away into fall and winter and when some of the most thrilling and gut-wrenching sports betting action is yet to begin, now is the time. The time to “sharpen your saw” if you will. You may recall the famous quote from former U.S. President Abraham Lincoln about cutting down a tree. He said, in so many words that if he had a certain amount of time to chop down a tree he would actually spend most of his available time sharpening his saw.
Well guess what? The exact same thing applies to you and your sports betting. Unless you are more of the amateur sort of sports bettor who never really expects to make any money of this whole sports wagering thing, now, as in right now, is the time to do the prep work.
In this case, the saw you need to sharpen is all about getting clear and review the fundamentals. The basics of sports betting, in other words. Never ever forget that more often than not it often is all about mastering a few key concepts (strategies if you will) that can make or break your sports betting season. So with all of the above in mind, following are four fundamentals you probably already know. Nevertheless, knowing them is but the first step, following them is the key. Here goes:
First up, when wagering, you will want to bet on the favorites early on. Use the fact that the public loves to bet on the favorites to your advantage. The second part of this strategy is bet on the underdogs later on.
Next, make sure you understand the true worth of any betting line. This is most often referred to as the betting percentages. In other words, use betting percentage data to determine the true worth.
Another one is to always keep in mind that the majority is usually wrong. In other words, bet against the public sentiment. If the majority are favoring one side, you will add more to your winning pile by betting the opposite. Keep in mind there is real research now available supporting this strategy.
Lastly, pay close attention to the sportsbook. Before you pull out your wallet to risk your hard earned money, take the time to do your own homework. Shop around for the best line and you can add 3% or more to your win percentages.
As you can see, preparation for the busy sports betting season ahead entails a review of the basics. Learn from the advice of a former president and sharpen up your sports betting saw. You’ll be glad you did.
Of course you know the name ESPN. Originally, this acronym stood for Entertainment and Sports Programming Network. Nowadays, ESPN is essentially a cable satellite television channel with a decided focus on sports related programming, events and that sort of thing. According to 2015 stats, ESPN is seen by more than 94 Million households just in the United States. Furthermore, ESPN also broadcasts in more than 200 countries around the world. In other words, it is no big stretch to say that ESPN is a media giant.
And naturally, when a media giant breaks with long standing tradition and actually ventures to actively comment on what used to be ‘taboo’ topics, well then that is in and of itself a game changer. Following is what this is all about.
As you might have noticed over the last few years or so, online gambling, sports betting, and now even fantasy sports betting has been on the rise. Yet until only just recently, the commentators at ESPN were, shall we say, reluctant to even broach the subject. Whether it was due to the very real fact that ESPN is actually majority owned by the Walt Disney Company or for some other reason, the fact is that even talking about sports betting was frowned upon.
Not that the commentators ignored the subject. It was more of a case of the commentators talking around the subject. In fact, Rob King, head of ESPN’s Sport Center put it best when he was quoted as saying: “…there was a time we would talk about it without talking about it. We would say phrases like: The game’s going to be closer than the experts think.”
What has changed as of late is that betting, sports betting to be sure is now being openly discussed. Former Director of news at ESPN, Vince Doria had this to say about the new exposure. In so many words, Doria explained the reason ESPN was paying more attention to gambling was due in large part to the growth of fantasy sports. More to the point, the daily fantasy sports.
In other words, the takeaway for you here is that ESPN is one sense finally talking about what is really going on in the real world. Recognizing that sports betting, especially online sports betting associated with daily fantasy sports is in fact already going on, ESPN execs finally decided to talk on the subject.
Yet don’t miss the very big picture here. When a media giant such as ESPN comes out and talks openly about sports betting, that is a clear sign that times are changing indeed.