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Ron P

How to Make a Income Betting on Sports

February 13, 2015 by Ron P Leave a Comment

I love sports. I have been a sports fan since I was little kid. I been betting on sports since my late teenage years. I didn't take betting on sports seriously until a few years ago. I treated sports betting like entertainment in the past. Now I treat sports betting like a business and since I took that approach I have been consistently successful. I know you can generated a income betting on sports, but you got to be smart. You have to be willing to grind out the books. You have to be very disciplined in your approach. 

Earn Income Betting on Sports

#1 Limit your bets

This is the most important tip. You have to limit the amount bets you make per day. I recommend no more than 3 bets per day. I recommend risking 6-8 units per day. I personally bet 18 – 20 bets per week. I usually don't place any bets on Friday. If you have a bad day and go 0-3, it's better than going 0-7 or 2-10. I can bounce back from a 0-3 day. Limit your bets and you will grind out the books.

#2 Manage your bankroll correctly

You have to be very disciplined in managing your bankroll. I recommend betting 1-2 percent of your bankroll on each bet. Even on events like the Superbowl, NBA Championship, or World Series. Only bet 1-2 percent of your bankroll. If you want to make a income betting on sports you will be very disciplined with your bankroll. 

#3 Know the sport you are betting on

You have to have a knowledge of the sport you are betting on. You have to understand the line that is on the game. You have to put in some time to research the game you are betting. Don't just bet on your favorite team. You have to find the best value out there and place the bet.

Hope these tips help you in your journey to generate income betting on sports. Follow these tips and you will grind out the books. Just remember a win rate of 55% makes you money. Win rate of 58% makes you a lot of money. A win rate of 60% can make you rich.

Filed Under: Sports Betting Tips

How to Manage your Sports Betting Bankroll

February 4, 2015 by Ron P Leave a Comment

It's very simple.  If you are going to bet on sports for an extended period of time.  You have to manage your sports betting bankroll.  You have to control the money you bet during hot streaks and cold streaks. 

SportsBettingBankroll

To keep betting for a long time.  You should bet no more than 3% of your sports betting bankroll on a single bet.  Bet no more 15% of your sports betting bankroll in one day.  You have to be very discipline when it comes to your bankroll.  When you are hot there will be a urge to bet more.  Don't do it, hold strong and bet your 1%-3% on every bet which include all bets including major events like the Superbowl.

 

Follow this advice, and you will continuing betting for a very long time, which gives us a better chance to grind out the bookie.

Filed Under: Sports Betting Tips

Betting on the Superbowl 2015

February 1, 2015 by Ron P Leave a Comment

With this years Superbowl coming up in a couple of hours and people betting millions of dollars on the game I thought I would talk about how to bet on the Superbowl.  I don't think you should go all out and bet the bank on one game.  You should bet no more than 3% of your bankroll.  I only bet 2% of my bankroll.

l15@2x

Forget all the prop bets.  You should only bet the line, over/under, or the money line.  Bet your strengths and don't get caught up in the crazy prop bets.  The current line a few hours before Superbowl is New England vs Seattle -1.  I made the bet when it was a pickem.  Good luck today and I hope you grind the books out of a few dollars today.

Filed Under: Sports Betting Tips

Welcome to Wise Guy Bets

January 15, 2015 by Ron P Leave a Comment

Welcome! On this blog, we talk about the journey towards making consistent income picking sports winners.  I aim to share tips and information that will help you generate a extra stream of income by playing Daily Fantasy Sports and picking sports winners.  

Please let me know if you have any questions.

Ron P 

Filed Under: Sports Betting Tips

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