Sports are watched by millions of people every day. There are a lot of “Big Knowledgeable Sports Fans” in this world and you may be part of them. One thing many people confuse is that just because you know sports and know it well doesn’t mean you will have the advantage if you go to Vegas. Las Vegas and all the offshore sports books across the world aren’t in business because they are giving out free money to everyone. In fact, it’s the exact opposite!
Don’t you think if it only took lots of sports knowledge to make money on games that all the analyst on ESPN, Fox Sports or any other major sport networks wouldn’t be just be an analyst for their career. I can assure you that! I will try to teach you what you need to know in this blog to help you understand the difference between sports knowledge and understanding Vegas, so hopefully I can keep you from losing your hard-earned cash!
While having lots of sports knowledge is very helpful when investing in sports, if you invest straight off your sports knowledge you’re destined to lose. When Vegas puts out spreads/lines (the amount of points a team is favored over their opponent) they put it out to lure people to bet the game. What does that mean?
Lines are laid out based on how the general sports fan would look at the game and make a prediction. For example, last year’s National Championship game when Alabama was -7 over Clemson, who ended up losing outright. See Las Vegas capitalizes when they can get the public to perceive an outcome of a game a certain way with the line they put out. Now this isn’t always the case, but it happens more times than not. If you see a line that looks too good to be true, it usually is!
You must understand what sportsbooks are doing before you even step into one. I urge you not to even waste your time or money there, but if you are already gambling my words aren’t going to stop you. But I do hope I can influence you to at least stop gambling and start investing. It will change your life and you will thank me later.
To invest you must have knowledge about Vegas books and all the other sportsbooks around the world. This is where you can’t just have the most sports knowledge to win, you need an Edge. You need to be able to read the lines and understand them or know someone that does. There are a lot of things you need to know when sports investing that I talk about in my blogs. But one thing is that you can’t just have a ton of sports knowledge, you must understand how and why the lines are made for each game!
Whether you have the passion like us and want to sport invest for a living, or just want to do it as a hobby or even recreational, you must have more than sports knowledge or you’re wasting your time and money. Knowing a lot about sports is a plus when sports investing, but without the right professional guidance you will end up on the losing end a lot.
People that gamble lose a ton of money and will say not to listen to a professional’s advice. Why would you take advice from a loser? I sure wouldn’t. While I’m not telling you to go out there and pay for picks because those guys are usually a scam, in which you will end up losing more money on top of paying them. But I am advising you to do some research and find someone that knows how to invest and that can teach you or at least save you from losing money.
Ask yourself where gambling has gotten you today? And don’t lie to yourself. You try to remember only the times when you were rolling and slowly forget the time when you felt cold and numb and wanted it all to just go away. Hopefully after reading this you will think twice about trying to win money off your sports knowledge without knowing the ins and outs of the sportsbooks. Gambling will destroy your life so get to investing or just give it up. Save your family and loved ones the pain. It has been a lot of years of learning and knowing the right people to get FixedEdge to where it is today! We are here to help but more importantly to stop people from gambling all their money away!