How To Bet Like A Pro

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Making the Move from Casual to Professional Gambling

Upwards GraphMany people bet for the fun of it – they win sometimes, they lose sometimes, are happy to reload their accounts on a regular basis and don’t keep records of their betting. A full time punter takes an entirely different approach, and in the following article you’ll see how to make the move to a more professional mode of gambling.

How to Bet Like a Pro – Analyzing an Event Beforehand

There is a soccer game on TV tonight, and you think the home team will win. The bookmaker is offering even money on the home team, and you think that is a fair price, so you go ahead and back them. This approach seems OK, and it’s the approach that many gamblers will take. However, a professional punter will take an entirely different look at the game.

Firstly, the game being on TV makes no difference whatsoever to your professional punter. All they are interested in is if the game falls under their area of expertise. In this example, let’s assume the pro punter is an expert on soccer (if they weren’t they wouldn’t touch this game).  The first step they will take is to price up a game the way they think it should be priced – this will probably be with the aid of software or spreadsheets, but might be based upon their immense experience. Having priced the game up, they will then compare their prices to the prices supplied by the bookmaker, and if they feel they are receiving value on one or more of the outcomes, they will generally go ahead and back it.

See “Value and Why it is so Important in Betting

There are occasions when a pro punter will not take that value straight away, especially if he considers that the odds may change in his favor. As an expert in the sport, he may think team changes might affect the odds in his favor, or weight of money will change the odds to his advantage.

For more information see “Why Odds Change

Planet Mark's Top Rec:

32Red are giving the old 'High Street Bookies' sports betting brands some real trouble in 2019.

This very slick site offers top-rated odds; a huge range of bets and a big list of player promotions (really, check the latest before you bet elsewhere). This now includes an excellent 100% profit boost offer for all new players.

32Red are my go-to betting site, you’ll quickly find out why once you see www.32red.com/sports for yourself - check them now!

 

30181

 

Planet Mark's Top Rec:

32Red are giving the old 'High Street Bookies' sports betting brands some real trouble in 2019.

This very slick site offers top-rated odds; a huge range of bets and a big list of player promotions (really, check the latest before you bet elsewhere). This now includes an excellent 100% profit boost offer for all new players.

32Red are my go-to betting site, you’ll quickly find out why once you see www.32red.com/sports for yourself - check them now!

 

30181

 

Planet Mark's Top Rec: There are a lot of good reasons why Bovada are the number #1 US friendly sportsbook. Look beyond the big welcome bonus and you'll find the real magic...

Bovada have a huge range of markets (especially when it comes to the bigger events), competitive lines and super-easy deposits / withdrawals.

The killer reason is the promos – you’ll find their list of offers for regular bettors unrivalled anywhere online. Check out www.bovada.lv to see the latest deals for yourself now!

Bovada Sportsbook

How to Bet Like a Pro – Post Game Analysis

Your average punter has two ways to analyze a game once it has finished. One of these is “My bet has won!” and the other is “My Bet has lost!” If the bet has won, the punter will probably be more confident with their next bet, if the bet has lost, the punter might feel unlucky and will either lose confidence, or conversely take a more aggressive approach next time out to recoup their losses.

A pro punter is not particularly concerned with the result of the bet – his bankroll management plan will take care of the wins and the losses. They will look at how the game went and whether or not their pre-match evaluation was correct. They will ask questions like “Did I assign the right amount of weight on each factor I used in pricing up the game?” or “Was the actual result of the game a true reflection of the relative strengths of the teams?”  The reason they will ask these questions is that they will always look to improve, and make sure their betting is as optimal as it can be.

How to Bet Like a Pro – Coping with Good/Bad Runs

An average punter might think that coping with a good run is very easy – but many do completely the wrong thing here. A good winning run should mean profit, but what happens in many cases is simply an increase in stakes until all of the winnings from the good run have disappeared – fun while it lasted, but ultimately no profit. A bad run might mean several re-loads, or a complete loss of confidence, and giving up gambling for a while.

A pro punter will not actually take too much notice of either a good run or a bad run. They knows these are due to variance – they will have both at one time or another, this is guaranteed in gambling, so no point in getting high or low in these situations – just stick to the overall plan, keep evaluating and they will be OK.

How to Bet Like a Pro – Record Keeping

record keepingMy hunch is that the majority of gamblers keep no record whatsoever – the only record being what is on their bank statement and the amount of money in their gambling account. A pro punter will have a log of all of their bets – and this will have several positive effects.

Firstly, it will be particularly easy for them to look over their strategies and see how well they are working, which will help with the evaluation process. Secondly, they will know exactly what their bottom line is at all times, and on the basis of this, know exactly how much they’ll be staking on the next bet or series of bets. Thirdly, the simple act of record keeping helps the pro gambler keep organized and helps discipline. For the average punter, placing all of the gambling results on a spreadsheet will help in all of these areas, and will see an immediate upturn in gambling fortunes, whether it be in making less losses or keeping those winnings.

 

How to Bet Like a Pro – Withdrawing Funds

A professional punter will want to withdraw funds on a regular basis, perhaps monthly like in a normal job. Based upon what systems the punter has, they will have an expectancy of what they will make in a given month, and they will take a percentage of that amount out on a monthly basis – this will not be affected by a good month or a bad month. A good month should mean that there will be more in the account to deal with the bad months and vice versa. 

How to Bet Like a Pro – Turning Pro

Becoming a professional punter is not easy and there are not many people doing it (despite what you might read on twitter!).  You should only consider it if you are 100% confident that you will make a regular income from gambling, and this can only come from record keeping over a long period of time.  Unless you reach this point, don’t consider becoming a full time punter, maybe treat it is a decent second income, or let it pay some of those bills.

Planet Mark's Top Rec:

32Red are giving the old 'High Street Bookies' sports betting brands some real trouble in 2019.

This very slick site offers top-rated odds; a huge range of bets and a big list of player promotions (really, check the latest before you bet elsewhere). This now includes an excellent 100% profit boost offer for all new players.

32Red are my go-to betting site, you’ll quickly find out why once you see www.32red.com/sports for yourself - check them now!

 

30181

 

Planet Mark's Top Rec:

32Red are giving the old 'High Street Bookies' sports betting brands some real trouble in 2019.

This very slick site offers top-rated odds; a huge range of bets and a big list of player promotions (really, check the latest before you bet elsewhere). This now includes an excellent 100% profit boost offer for all new players.

32Red are my go-to betting site, you’ll quickly find out why once you see www.32red.com/sports for yourself - check them now!

 

30181

 

Planet Mark's Top Rec: There are a lot of good reasons why Bovada are the number #1 US friendly sportsbook. Look beyond the big welcome bonus and you'll find the real magic...

Bovada have a huge range of markets (especially when it comes to the bigger events), competitive lines and super-easy deposits / withdrawals.

The killer reason is the promos – you’ll find their list of offers for regular bettors unrivalled anywhere online. Check out www.bovada.lv to see the latest deals for yourself now!

Bovada Sportsbook