Recapping a Year of Betting at Online Sportsbooks
The end of any year offers everyone a chance to not only reflect back on the past, but to look out into the future as to what the coming year might have in store. Sports betting is no different and the last week of the year is the perfect time to recap your overall results over the past 12 months while also putting some thought in how to make the upcoming year of sports betting more profitable in terms of your overall return on investment.
When you sit down and think about all the sports bets you placed at your favorite online sportsbook or books, do you even know what your overall winning percentage is? Do you know how much money you made or lost? Finally, do you know the results for all your online betting activity on a sport by sport or league by league basis? Even casual sports bettors should be able to come up with a basic recap of the past year in each of these three areas.
The good news if you answered no the any of the questions posed above is that the online betting outlets where you placed all of those bets have in-house reports that can provide everything you need to create a complete betting analysis of your individual results over the course of the past year. They can probably be broken down by individual months or even weeks to help you really drill down into the results. By gaining a deeper understanding of where you have been, you can gain the necessary knowledge of where you would like to go with any upcoming sports betting activity.
One of the main benefits or recapping your sports betting year with the help of your online sportsbook partners is to create a comprehensive picture of what is working and was is not. You might think that you made money betting on MLB games this past baseball season, but the reality of the actual results might paint a completely different picture. Maybe you are betting on too many different sports. Maybe betting four-team and five-team NFL parlays is not the best use of your betting bankroll for football. Maybe you did quite well on betting college basketball in the month of March as opposed to your results for the entire regular season.
The only way you are going to know where you have been and where you are going is by having easy access to any number of online betting reports that cover every aspect of your past online sports betting activity. Even if it was a really bad year and one that you are not in a big hurry to relive, you still need to know exactly where your stand when it comes to the success or failure of the bets you placed.
Recapping the past is just part of the equation if you are genuinely interested in improving your overall sports betting return. Utilizing the various tracking reports at your disposal for past results, you now need to create a new and improved betting strategy that minimizes the bad bets while generating a betting blueprint to redirect and focus any upcoming efforts in a direction that gives you an increased chance to win.
Sometimes gaining that all-important edge against the online books where you place your bets can be as simple as enhancing what worked in the past while completely eliminating anything and everything that failed. Always remember that even the best professional sports handicapper across the nation can go on an extended losing streak, but you can rest assured that they are going to make the necessary adjustments and changes to their betting strategy in an effort to turn things around.
Ever since the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act, sportsbooks have become viable businesses. Last year, acquisition company Diamond Eagle purchased DraftKings. it is becoming easier to start an online sportsbook. Diamond Eagle wants to add a sportsbook to DraftKings’ current offerings. They haven’t gone full bore with the Read More…
The end of any year is a great time to look back and grade performances. If you love to bet on sports, this is the time of the year when you should evaluate your overall return as well as how you did with each individual sport you bet on. Did Your Online Sportsbook Make the Read More…
Bookies are people that take bets for a living on mostly sporting events. The idea is of course to take in more money than they pay out to customers. In addition, the theory is that a bookie makes money from charging a commission for their services. However, is this the entire truth or is their Read More…