Those who think that knowledge is the key to successful sports wagering are only half right. It's true that sports handicapping picks and insider knowledge can give you an edge when it comes to betting on the games, but it's not enough for long-term success. The trick is in knowing how to combine MLB expert picks, NFL weekly picks, NBA expert picks and college football picks with a money management system so that you can reap consistent profits from your wagers.
Indeed, a critical component of a successful sports betting career is an intelligent money management system. There are any number of betting systems and money management systems you can choose. Finding the one that fits your betting style and your goals can increase your win percentage and consistently build your profits.
Flat Betting Money Management System
The most mathematically sound betting money management system is one that combines NFL weekly picks, NBA weekly picks, MLB weekly picks and college football weekly picks with consistent betting. Essentially, you bet the exact same amount on every single game that you choose to bet on, no matter the circumstances. For most folks, the amount is 2 percent of their total bankroll. Thus, if you have a bankroll of $1,000, you'd bet $20 on every game, regardless of the money line, the odds or any other factor.
With flat betting and a 10 percent vig (you bet $110 to win $100), your breakeven point is just under 53 percent. If you choose the best handicappers for your picks, you'll easily outdo that. The average for most sports betting picks experts is about 58 percent, and some sites have handicappers that run averages as high as 70 percent for NBA expert picks, NFL expert picks, MLB expert picks and college football picks. Needless to say, you'll reap considerable profits if you use a flat betting strategy and choose the right sports handicapping picks.
A Clinical Approach
Using a flat betting money management system requires consistency, discipline and a clinical approach to betting and money management. While there are a lot of benefits to combining expert sports picks with a flat betting strategy, most gamblers don't have the patience, discipline - or even the interest - to follow a flat betting strategy. For those bettors - and for those who like a little variety and a chance to pick up bigger wins - there are any number of scaled betting money management systems. Some sites offer graded sports handicapping picks that can help you choose plays that will pay off higher - and with more certainty.
While a flat betting money management system can bring in consistent earnings, when you combine it with expert sports handicapping picks, scaled betting has its positives as well. The biggest positive aspect for scaled betting systems is that they allow you the flexibility to exploit weak lines and make the most of the bets where you know you have an edge.
Whatever you choose, keep in mind that following a money management system combined with the best sports handicapping picks you can find will increase your earnings from sports betting.
Author Resource:
Chris Robertson is an author of Majon International, one of the world's MOST popular internet marketing companies on the web.
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