Professional basketball handicappers seek to make money with the careful analysis of data and determine a reliable formula that will produce a winning percentage that has proven to be profitable over time. While the starting process is the same for each gambler, some delve more into the mental aspects of the game, while others specialize in generating betting lines that are based on numbers, percentages, and risk.
The mental part of the game is not something that is talked about much, but it is something that all of the best bettors have in spades. That is why the outcome of games such as the NBAAllianceField Guide, or NBA Field Guide, can mean the difference between winning and losing a fortune.
Most people that are making bets down the road have little or no clue about how to even begin the process of winning bets systematically. The rookies and newbies that are making bets must first learn from their mistakes and get a handle on the terminology used in the industry. One of the most popular bets used in professional basketball is the “money line”. However, there are many other names that gamblers use to describe the betting lines created from the statistics.
The dreaded term Bookie Bob is one example of a betting line that is constantly changing. The Bookie Bob line is the term used to describe the lines that bookies uses to set the odds on a given match. Bookies use this method to “fit the numbers” or to predict the outcome of a match.
Bookies are people who make money by accepting wagers on specific outcomes of sporting events. In order to cover themselves, they offer odds that are designed to attract an equal number of bets on either side of a match. Once a bookmaker reaches a profit, it begins to adjust the odds in order to balance his books. This occurs after a certain number of bets have been placed on either side of the match and the public has matched the bets. The process ofarily adjust the odds involves removing some numbers to create a slightly more competitive match.
Other amateur gamblers have taken to referring to bookies as “Joe Brunson’s” or “Bobby Ducesinos”. This is both a great nickname and honor, depending on whom you ask.
The bookmaking process is not as complicated as it may appear and there are always several bookies operating around the world. Some are legitimate and some are notorious cheats. The most reputable bookies are often employees of large casinos, but not all.
The issue of becoming a bookie owner is not an easy venture. Not many people are willing to take the leap, given the fact that the rewards are much coveted by other types of gambling. Bookies often bet as a profession and love to watch the sports. They love what they do and it is a great fact that many bookies will bet on sports for a living.
Bookies also bet by predicting outcomes. Some say that they root for the underdog and if they feel the price is on their side, they will bet on the underdog. Bookies also bet on who will win a given match. This is a very tough task and these handicappers look like they have a real talent. Nonetheless, most favor themselves as the best.
If you want to become a bookie, you will first need to learn everything you can about betting. You will need to know who bet what at what odds, and the book you place will have to have your attention. If you know how the stock market or foreign exchange work, then you are in touch with the best mindset to be a bookie.
Also you need to learn how to manipulate the odds in your favor before you can tell how the sports books will bet. They will not be influenced by the pegs and your prediction will not be influenced by human error or third party intervention. The sports books are in the business to make money and your prediction needs to reflect that.
In the End, you need to win over your friend and co-workers at the bookie meeting or you will not be taken very seriously at all. Keep your game play distinct. Do not let your fellow players start to read you like a book. Start with one game and do your homework on how to dominate the odds. Soon, you will be an unreadable mystery.
Being a bookie is a great way to practice the game and the odds. Once you dominate the odds, you will be a force to be reckoned with.