Staking
Whether betting on gut instinct or backed by data-logged spreadsheets, bettors’ primarily focus on who to back. According to one prominent mathematician, however, if they want better returns, they should be more concerned with what they bet. Read on to learn one way to improve your staking.
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My take: There are no absolutes when it comes to developing a sports betting strategy. Profit is king while everything else becomes secondary. No formula nor self help manual guarantees success. Bettors needs to learn from experiences, compiling tools of the trade along the way through trial and error. Everyone from the most seasoned professional to the greenest novice employs a different method to exploit perceived edge albeit with different levels of achievement. I’ve always harped on money management being as important (if not moreso) than identifying winners because you can’t put winners in the bank. Understanding when to bet is one skill, understanding how much to bet is a different skill set entirely.
In this staking article penned by the talented writers at Pinnacle, five different bankroll techniques are highlighted for their pros and cons.
1) Bet everything, every time
2) Fixed Wager
3) Martingale
4) Fibonacci
Gaining a grasp on how to handle your roll stems from comprehending the sportsbook’s primary objective: keeping bettors in action. Patience is a virtue in sports handicapping. There’s no shame in sitting idle, passing on games when an advantage doesn’t exist. Try to master a bankroll approach that works best for your goals. For every bettor I’ve witnessed that employ’s Kelly to the letter of the law, there’s another one out there still spouting the value of flat betting at all costs. Profitable sports betting doesn’t come easy. Always be reading, identifying tools, and tinkering through trial and error to figure out exactly how best to maximize trips to the window…afterall cashing tickets by any means necessary is the only end result a bettor ever works for in this business.
