I have often said it is just as important to know when to not bet, as it is to know who to bet on. I say that because a lot of folks feel like they need to bet every day if they want to make lots of money. Even worse, they feel like they have to make lots of bets every day as well.
Winning in the long term takes a lot of money management. I have never been one to make that many bets, and betting every day is just more than I care to deal with. Sports betting should be fun, and when it is not I just don’t do it.
I have tried to send out email picks in the past, usually because I have a lot of people asking me for them and I hate saying no. The end result was that I felt pressured to come up with something to send out even when I didn’t like what I saw, or just didn’t feel like it.
As I write this today (12-1-18), I don’t like anything in any of the leagues. It’s rainy and dreary, and I just don’t feel like betting. If I was sending out daily picks, I would feel pressured and make a betting mistake that cost both you and me. It’s just not worth it. I want to help people make a little money when I can, and stop them from wasting it when I can’t.
So never be afraid to sit out. You don’t need a reason. But if you do, here are a couple that I use…
If I don’t feel good. Could be physical illness, or just a bad mood (or my significant others bad mood).
If I don’t see any good bets. That is common on days when the good teams are all scheduled against bad teams.
If I notice a trend that dogs are not doing very well for a couple of days I will wait a day or two more.
If I have lost two or more bets in a row.
If I am away from home.
If I just plain don’t want to bet on anything.
The strategy of sitting out a lot really serves me well over the long haul. And it doesn’t mean I will make less money just because I don’t make that many bets.
This year I have done exceptionally well for myself (and those who follow my free picks on Facebook when I make them). So far this year I have placed less than 100 bets, or about one every three days. But I have doubled my bankroll five times and am working on number six. I win some money every year, but until this year my best was three times doubling plus a couple of units. Most years I double it about twice.
What’s the biggest difference this year? Not one single time have I placed a bet, or looked for a bet to place, when I was not in a good mood and wanted to bet. Not once have I let outside pressure influence my betting, or make a bet so I would have a pick to post. I didn’t take any bets I didn’t really like. And I sat out a lot of days that I looked just because I didn’t see anything I liked.
One of the best things you can do to increase your profits betting on sports is to cut down on the number of bets you take, while increasing their quality. Instead of thinking of reasons to bet, look for reasons not to. When you can’t find one, it’s a good day to bet.