By Ron Raymond
May 20, 2022
How do you make money betting on sports?
Let’s be honest, isn’t that the 64-million-dollar question every rookie sports bettor will ask themselves.
In fact, I would add another word to that question and that is consistently. How does one win on a “consistent” basis betting on sports.
Sure, people can win one or two bets on any given day or weekend, but how do you make money betting on sports during the long run?
The short answer to that question is simple, through research and education.
To win at sports betting, you must have some key fundamental knowledge about sports betting and in the Raymond Report Sports Betting System, I live and die by these 5 main sports betting fundamentals.https://www.atsstats.com/ats-stats-raymond-report-sports-handicapping-tutorials/
- Shop for Value
- Play the Winning Percentages (%)
- Find the Right Performance Cycle
- Player Availability/Injuries
- Use a Money Management System
How Do You Shop for Value?
They say, “value is in the eye of the beholder” and if you have a keen/experience sports betting eye, then you know it’s not something you can just pick up at a sports betting seminar or bookstore.
Depending on which sports you are handicapping, you must have some form of knowledge of the game and as my good friend Ross Benjamin says all the time, you need to “think like a bookmaker”.
To be honest, line value will stick out to the pros who have been doing this for a long time, but if you’re new to sports betting, you will need some type of sports betting tool to assist you in finding that value.
How do you play the percentages?
Well first, you need to understand why you play the percentages.
It’s like flipping a coin 100 times in the air, you have no idea if it’s going to land on heads or tails, so how would you really be able to call the next flip?
Let’s do a test, if you were to flip a coin 100 times in the air right now, what would be your best guess it would land on heads? Now here’s where the “Law of Averages” comes into play, as I’m assuming most people would say about 50% of the time.
It’s just common sense when you think about it, you have a 1 in 2 chance of it landing on heads, so you have a 50% chance under this ratio, which is called “playing the percentages”.
In the Raymond Report I do the same thing; I look back at previous games from past teams who are in the current situation, in which I’m currently handicapping to see if the percentages of them winning their next game is in our favor according to the percentages.
For example, When ANY MLB Team played as -180 to -200 Home Favorite Total between 8.0 and 9.0 and coming of 1 SU Lost; The Home Favorite is 276-157 SU for (63.3%) since 1996.
Therefore, knowing teams from the past who are in the exact situation, in which the team I’m currently handicapping, gives me confidence that I’m on the right side of the numbers in this situational handicapping spot.
Hence, the term “playing the percentages” which are in our favor.
Type of Teams & Performance Cycles (Bears & Bulls)
Throughout a regular scheduled season, every team goes through winning and losing streaks and finding when to bet on a team is called finding the right “Performance Cycle”.
Just like the stock market, I’ve come up with the following betting terms and cycles. The Raymond Report Value Index (VI) is based on the current market psychology of the betting public, based on a teams 7-game cycle.
Types of Teams – When you look at League Standings, you have 3 types of teams:
- Tier 1 Teams (A): 60% or higher (Above Average Teams = High Public Confidence = Low Rewards)
- Tier 2 Teams (B): 50% to 59.9% (Average Teams = Moderate Public Confidence = Medium Rewards)
- Tier 3 Teams (C): 49.9% or Lower (Below Average Teams = Low Public Confidence = High Rewards)
Type of Performance Cycles- Current market psychology of the betting public, based on a teams 3 & 7-game cycle.
(NFL – CFB & CFL)
- BULLISH = Team is either (3-0) in their last 3 games.
- NEUTRAL = Team is either (1-2 or 2-1) in their last 3 games.
- BEARISH = Team is either (0-3) in their last 3 games.
(MLB – NHL & NBA)
- BULLISH = Team is either (7-0, 6-1, or 5-2) in their last 7 games.
- NEUTRAL = Team is either (3-4 or 4-3) in their last 7 games.
- BEARISH = Team is either (0-7, 1-6 or 2-5) in their last 7 games.
*Tip: I never bet on teams who are going through a “Bearish” cycle.
Lebron James In or Out Tonight?
Often, I will get questions about injured players and if a certain high impact player is not in the line, do I still like that pick?
Here’s my answer to that question, the line will always tell us if high impact players are in or out of the line up.
For example, If Lebron James and the Lakers are playing Detroit at home, the line would be around (-10.0), give or take a hook, now if Lebron James is not in the line up, then the line would be around (-7.5).
Therefore, the line will tell me if a player like Lebron or a high impact player is not in the line up and then I would handicap the game based on the new line or news surrounding the teams injury report.
Another word I use instead of “injuries” is “player availability”, because at the end of the day, you can only handicap the players who are available to play.
Money Management System
In the Raymond Report Sports Betting System, I have a money management chart I use daily to determine how many units, I should wager on each game.
Depending on the teams involved, I would bet anywhere from 1 to 5 units on a game and one of my rules of thumb is I never wager on teams with losing records. Unless you have “C on C” type crime, which means two teams with a losing record playing against each other.
Learning to win takes patience and by using the Raymond Report Sports Betting System, will give you the key fundamentals to winning at sports betting.
If you’re interested in trying out the Raymond Report or being a member of ATS STATS, use promo code (ATS2022) and receive 15% off your next membership subscription.
Ron’s Money Management Chart
Using Ron’s money management chart below, once you’ve decided on a team to wager on, use the following formula to determine the amounts of units to bet on that game.
Formula: Type of Team + Home/Away + Cycle = Bet Unit
Example: Columbus Blue Jackets (B Type Team) at (Home) in a (Neutral Cycle) would result in a 4 unit wager.
Make sure to review the Top 10 Commandments of Sports Investing…