What I Learned and How You Can Succeed

So that it! After a month of immersing myself in all things sports betting, I can say that I’ve learned so much that I’ll now be able to take with me as I continue on my journey to become an experienced sports gambler. I thank you all for joining me as I went through this experience – I can say that it was truly memorable. Before I go, however, I want to leave you with a summary of what and what not to do.

This first bit of advice should be obvious: NEVER make a sports bet just for the hell of it. You’d be better off throwing your money in a trash compacter. No matter what, every sports bet you ever make must be backed up with generous amounts of research and data-crunching. Unless your purpose is to lose money, in which case, be my guest.

However, this doesn’t mean that you need to submerge yourself in all the information related to the bet you’re thinking of making. Absolutely not. It just means that you need to learn enough about the matchup to make an educated decision about what you believe is going to happen. Honestly, this should all be common sense, but I’m saying it to you mainly because I witnessed many instances where people left their common sense at the door of the casinos.

Second, find a set of statistical models and use the heck out of them. Simply put, if you use them regularly, you will make money. And do not be discouraged by a short stretch of bad luck. It’s highly unlikely that it will become the norm, provided you bet smartly.

That said, this doesn’t mean that you have to stick to one set of models. You may strike gold on your first search, but even then, it behooves you to do continuous research and find out which models you like best.

Third, while the models are great tools to help guide you, they absolutely should not be the end-all be-all when making a betting decision. In a phrase, TRUST YOUR INSTINCTS. Trust me: it’ll save you some heartbreak at the casino.

Still, it’s important to acknowledge that sports betting is never a “win every weekend” thing. It’s an asset class with ups and downs and the goal of being able to come away profitable over time. Losing happens, just because you lost isn’t the end of the world if your process is sound.

Fourth, do not – DO NOT let sports betting, or gambling in general, consume your life. I cannot tell you how many times I saw people spending their entire days at sportsbooks, frittering their money away because they were frustrated that they kept losing. Understand that, while betting at casinos is a fun part of life, it is only that: a PART. It is not your life, and you should not allow it to become that.

Something that goes hand-in-hand with this advice is that you absolutely should not mortgage the essentials of your life on a game. Don’t try to be cool and bet your car or your house. You’ll be stressed out and probably will lose.

My final piece of advice is simple: have fun gambling on sports! It’s a wonderful pastime and the DraftKings slogan is absolutely correct: “Life’s more fun with skin in the game.” That’s absolutely true. Casinos and sportsbooks are places to enjoy yourself, have fun, bet money and become immerse yourself in the wonderful world of sports.

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