Razbet Sportsbetting free tips

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Betting too much on each game

Spending a long time understanding money management in sportsbetting gives you one major conclusion : 99% of sports bettors are betting too much. Think not? Think again.

Would you “bet” 25% of your entire savings account on a single stock that had a 50% chance of going down tomorrow? Of course not. Then why are so many sports bettors willing to risk 20%+ of their bankroll on a single game? It’s easy to risk too much without knowing it.

Quick fix

If I offered you a 10% advantage in a game of chance (55% for you vs. 45%) for 500 bets, would you take that bet? Of course you would. Over the long haul (500 bets), the law of large numbers dictates that you would end up very close to 55% winners (275 winners vs. 225 losers). If we were betting $100 per bet, you’d be up about $5,000 in the end. Easy money.

Now let’s say that I had one constraint. I told you you could start with no more than $500 (your bankroll) and if you ran out of money, you couldn’t re-load. In essence, I was forcing you to bet 20% of your bankroll on each bet. Would you still take it? Think you could still take me for $5,000?

You had better not! You are virtually guaranteed to go bankrupt in this situation. Over the long run, you will come close to 55% winners - it’s a mathematical certainty. But, over the short term, you are guaranteed nothing. Strange streaks will happen. They always do. Over 500 bets, you could easily go 5 or 10 bets in a row (or even more) without winning. You could go 2-18 during a 500 bet session. If I forced you to bet 20% of your bankroll, you’d be crazy to do it because I would take your money like taking candy from a baby.

Yet, in sports betting, most bettors routinely do the equivalent of taking this bet! Almost every sports bettor bets too much per game relative to the size of their bankroll. They don’t think twice about laying half of their entire remaining bankroll on one week’s NFL games. The conclusion is this…

Why The House Wins
Based on my sports betting experience the only explanation is:

The bookie win because you bet too much on every event

You run out of money before you have a chance to let the laws of large numbers work for you. They are banking on your lack of discipline. That’s the main reason (not bad picking) that most sports bettors lose and why The House laughs to the bank.

Since their beginnings in  1995 the Toronto Raptors ranged from horribly below average to slightly above average. Any chance of improvement this year?
Probably not, but this is without a doubt the most important season in franchise history.

Additions :Turkoglu, DeRozan, Jack, Belinelli, A. Wright, A. Johnson, Nesterovic, Evans, Weems

Losses: Marion, A. Parker, Kapono, Mensah-Bonsu, Ukic, J. Graham, Delfino

The Raptors GM Brian Colangelo left no doubt that he wasn’t afraid to overhaul the underachieving Raptors of last year. The core of Bosh, Bargnani, and Calderon remain. But other then that the remaining Raptors from ‘08-09 won’t be seeing the floor.

For Raptors fans, watching Anthony Parker go was probably the hardest pill to swallow. Parker had been the Raptors best perimeter defender and had been the Raptors only real scoring threat from the 1 to 3 spots.

The thing is, Parker will probably be the only Raptor that fans will miss. The quality acquired far out ways what has been lost.

The addition of Hedo Turkoglu to the Raptors line up gives Raptor fans something to look forward to in the sense that he actually has the size and the skill to adequately defend most anyone at the three-spot. Coming off of a career season, it is likely Hedo’s numbers will decline, but offensively he gives the Raptors one thing they were lacking in years past: a SF capable of putting up a line of about 20 and 7 that is able to create a shot for himself (unlike Marion, who needs to have the shot set for him).

Jarret Jack gives the Raptors a backup to be confident in. Two years removed from the best point guard tandem in the league, Jack should provide a spark at PG and hopefully keep Jose down to about 33 MPG. Not to mention that Jack and Bosh already have one year together at Georgia Tech, so potentially a move to sway Bosh into signing an extension?

Belinelli, Wright, and DeRozan are the Raptors new possibilities at SG. Two of which have massive potential in the NBA. Whether Wright gets the start or the Raptors go with youth, the SG position will probably be the Raptors weakest this year. However, it should be the strongest in years to come. When you have a Rookie athletically being compared to Vince Carter, it is usually a sign that you can be confident in his abilities.

The rest of the additions are role guys, players who are going to go out. With a role in mind, do their job and be done with it. Don’t expect any real numbers from Evans and Nesterovic, but a few rebounds a game will certainly be there for both.

Looking forward for the next season is also Chris Bosh - most probable his last season in Canada.