Keys to being a winning sports gambler

Want to build your bankroll? Follow these tips. Jay K. Stark

The NFL season has come to a close and now degenerate gamblers (like myself), turn the page to other sports. In the gambling world, football is king and handles the most bets and money wagered. Let's take a look how other sports measure up during the regular season:

Total amount bet on each sport

According to the UNLV center for gaming research, from 1992-2017 the order regarding handle for the dominant sports:

Over the years, NFL has dominated, but according to well-known bookmaker Jimmy Vaccaro, NCAA football has gained ground in the past few years. Professional football leads the way, and maybe it's the fact that the stage is set up perfect for the NFL to display its product. During the season, the week gives fans several chances to watch and bet Nationally televised games on Monday, Thursday and Sunday nights. Not only that, but Sundays also provide us with the opportunity to end our week with over 10 hours of games. College football gives us a full Saturday slate with mediocre games during the week.

Professional football gives us the least amount of games with 256 scheduled contest in a season. The NBA schedules teams for 82 games during the regular season giving us 1230 games to bet on. The MLB takes the crown in length, where the season consists of 162 games for a yearly total of 2,430.

Does the number of games in a season for each given sport affect the popularity in terms of wagering? Let’s take a look how much books won on each sport.

Percent of total amount bet that casino won

With the exception of a few years, Basketball regularly holds the highest win percentage for casinos. Just last year, basketball profited almost twice as much as baseball. Again, the variance in basketball is what makes it tough. A vast percentage of NBA and NCAA games are decided by free throws and fouls in the closing moments. In the NFL, the way the scoring system is set, we know what to look for. Scores come in increments of 3 and 7 (rare safety 2). This makes it easier to predict what scores are needed in the closing moments of the game.

For example, Team X leads by 7 points. The opposing team holds the final possession. Team Y won't settle for a field goal knowing they need a touchdown and extra point to tie the game. With the scoring set this way, the key numbers of  3,7,10,6 and 4 are vital.

In Basketball, close games are measured more by the number of possessions that separates the two teams. In a 2-3 point game, teams know they can win or tie it up with a single shot. In the 4-6 point range, it takes two possessions. Knowing this, the end of basketball games are very unpredictable as teams will foul and extend games trying to maximize their chances of coming back. Late free throws and bad fouls can decide whether or not you cash tickets.

Baseball has the less variation and that’s why it holds the best value in terms of betting. Most run lines in baseball are set at 1.5, giving actual weight to each run. All three competitions are considered "team" sports, but when handicapping baseball the greatest unit of measure used is Pitching vs. Batting matchups, making it somewhat of a 1 vs. 1 contest. Yes, fielding, base running, and other things factor in, but when you narrow it down, Pitching advantages are what drive the final number. In football and basketball, it takes more to be in sync as a whole. Also, the MLB season gives us many more chances to bet making the sample size bigger when tallying up final numbers for the year. If you consider yourself a good bettor, then opportunities are what you're looking for.

Sports betting should be treated as a long-term investment. Most recreational gamblers risk too much of their bankroll on single games. The difference between a novice gambler and a pro is the professional possesses a bankroll separate from their other finances. From that total figure, a pro gambler can spilt up their plays into percentages of the total bankroll. You see all the time where sports touts are claiming 10-50 unit plays, that’s absurd. Using that theory, a tout can go 1-4 but still profit, if the one play was larger than the rest. While that sounds appealing, flip it around, and you can also lose by going 4-1 if the one loss was bigger than the other plays combined. Making some plays abnormally large makes it difficult for a gambler to be consistent over time.

Overbetting is the most common mistake made by gamblers. Many systems recommend making plays 1% of your bankroll. How many times do we see wagers of $100? Wagering a Benjamin would mean that your bankroll sits at $10,000, and how many actual gamblers are sitting on that much separate from other finances?  

It's a long race, far from a sprint. Take your time and never chase losses. Stick to a method of betting that works for you and follow it consistently. If you do it just for fun or to "make the game interesting," by all means step outside and take your chances. But, if this is what you plan on doing for an extended period and rely on as an income, read into the numbers and give yourself the best odds at winning long term.

For any questions or comments reach me @JerryBoKnowz on twitter

Data used from UNLV for gaming research.

Most Popular

SportsMap Emails
Are Awesome

Listen Live


Rockets blast Thunder in home opener, 124-91

Rockets take care of business in home opener. Photo by Tim Warner/Getty Images.

The Houston Rockets had an impressive outing versus the Oklahoma City Thunder after an embarrassing loss against the Minnesota Timberwolves Wednesday night. They took care of business at home on Friday night, which was a surprising blowout. The Rockets didn't have to worry about Karl-Anthony Towns screaming at Alperen Sengun or Anthony Edwards telling Coach Silas to call a timeout. Instead, they took their frustrations out on the Thunder (another younger core).

"We responded and bounced back from that game 1," Silas said. "I wouldn't say it was taking anything out. It was just learning and applying to what you learn and that's going to be us this year. Applying to what you learn and getting better and having some games like we had the other day. Veteran teams have some games when they don't play as well they want."

Christian Wood led the way, as he controlled the paint on all aspects with rebounding and putbacks. He played an incredible game after having a poor performance versus the Timberwolves. Silas showed complete trust in allowing Wood to open sets, as he walked the ball down the court several times, and in transition too. Wood became aggressive on the perimeter with open shooting and tough shots, and long strides towards the rim. He finished the night with 31 points and 13 rebounds off 66 percent shooting from the field.

The young core for the Thunder had a tough night defending Wood from every aspect. Hopefully, he keeps this play up. Silas loved the space that was created throughout the game for Wood, which included the help from Eric Gordon, as he continued to play better. Wood continues to develop underneath the Silas umbrella. He had a great feel for off-the-dribble shooting a few times. Wood becomes more dangerous when space is created on the court.

"It allows me to show what I can do. It allows the floor to be open and I can create for other guys and create for myself," Wood said.

As Gordon continues to impress, his teammate Kevin Porter Jr was amazed with his performance.

Gordon looked marvelous inside and outside of the paint, as it looked like a time ripple. The younger guards of the Thunder had a tough time staying in front of Gordon. His size and strength gave the Thunder a huge problem. Gordon is shooting the ball better too, as he is shooting the three-ball at 70 percent this season. Although it's a small sample size, Gordon is trying to overcome his shooting struggles from last year. Gordon finished with 22 points on 66 percent shooting versus the Thunder.

"EG is the biggest part of this squad," Porter said. He comes in and just scores. We need somebody off the bench to do that. He is our guy when me and J come out, it's EG time and he knows that, and comes in aggressive. So much energy on the bench, and we need that every night from him if we want a chance to win."

As I recently mentioned Porter, his facilitation did look better versus the Thunder than the Timberwolves. Porter had nine turnovers in his first game but managed to have two Friday night. He made great slip passes and found open teammates in the open corner. Porter forced a good number of passes versus the Timberwolves but looked more relaxed Friday night. The hardest position in the NBA is the point guard position, but Silas will not allow Porter to fail. Instead of nine turnovers, Porter dished out nine assists. Silas said:

"Bounce back right, going from nine turnovers to nine assists… I think he had two turnovers tonight, which is great. He is making plays for his teammates, and he was really focused."

Porter's shiftiness and creative ability allowed his teammates to get open looks near the rim. He had 18 points because of his step-back threes and first step going towards the basket. Thankfully, Porter is a great ball handler, which confuses defenders on different spots on the court. It's almost like watching a ballerina skate on ice in the Olympics. Hopefully, his confidence continues to get better throughout the year. Porter shot the three-ball at 50 percent tonight. Efficiency is key for Porter this year.

"I'm just trying to let the game slow down," Porter said. "I had a lot of turnovers last game and I just wanted to piggyback and learn from them and learn from some of my forced passes and reads. And sometimes I still force it a little bit. My guys hate that, and sometimes I'm still passive and I'm working on that. When to pass and score and bounce it out, and tonight I felt like I did a good job of that."

SportsMap Emails
Are Awesome