Resources for the professional bettor and trader
If your betting bank is on a downward spiral, you need the RIGHT information fast. The sooner you start the healing, the sooner your bankroll will start working for YOU.Sports betting - professional sports betting - is short-term investment as opposed to short-term trading. In the latter, you buy some stock or currency with the intention of selling it after a few minutes/hours/days for a profit. This process is repeated dozens, even hundreds of times every month by the professional trader, at the end of which he withdraws the profit he had generated to pay bills and keep some cash in his wallet.
The professional sports bettor is a short-term investor. He reckons, after careful consideration, that "buying stock" in the Boston Bruins (i.e. backing them to win) in their ice hockey match against the Atlanta Thrashers, at a potential dividend of 67 cents on the dollar (decimal odds of 1.67, 4/6 in fractional format, and -150 in US format), is a reasonably sound investment.
Why? According to the stated dividends, the probability that Boston will win is approximately 60%. However, our professional sports market investor reckons the probability is higher, let's say 65 - 70 percent, and therefore indicates value.
Even though he may be wrong this time, and therefore lose his investment in Boston for that one match, he is confident in his betting/investment strategy. He knows that he has no reason to take the loss personal, and that in the long run, the process that lead him to "buy stock" in the Boston Bruins on that specific day, will provide him - on the long run - with a regular income.
