Friday, September 10, 2010
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Realistic Betting Expectations

What do I want from betting on football? Sounds like a simple enough question. So simple, in fact, that an estimated 95% of all football bettors have never even asked the question let alone answer it.

You will do yourself a huge favor when it comes to sports betting if you list what you want to gain from placing a wager. Aside from the obvious answer of "winning" try to make a list of realistic goals. To be truly successful when betting on sports, it is extremely important to have an ultimate goal.

There are numerous handicappers who write about money management but very few ever touch on setting up specific goals. Setting goals is the number one key to a profitable football betting season. True professionals strive to hit around 60% of their wagers during a given season. ignore those persons who claim to hit 75% to 80% of their bets. These people are not handicappers; they are salesmen who have created a misconception of what it means to be a successful bettor. These people are the reason that the majority of sports bettors have unrealistic expectations and feel that if they don't attain this ridiculous percentage they are failing at betting on sports.

By setting realistic goals before the betting season begins you will avoid a lot of frustration throughout the season. Look at the season as a long term endeavor and expect extreme variation from week to week.

Common sense dictates that you are not going to make $50,000 with a bankroll of $1,000. Decide ahead of time what your bankroll will be for the entire season. A bankroll should be money that you can afford to lose without affecting your lifestyle and shouldn't be money that is needed for something else. A standard bankroll should be at a minimum of 40 times your average unit of play. This will minimize the pressure should you find yourself in the midst of a losing streak.

Sports betting can not only be fun, it can be very profitable. As long as you remember to make a list of goals and allocate a certain amount of money for your bankroll, you are more likely than not to stay focused and on track.


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