Wagering resources
Recommended Sportsbook
When wagering online, care must be taken to use a sportsbook that can be trusted to hold and promptly pay out large sums of money.
We now highly recommend 5Dimes, an "A" rated sportsbook which has a long history providing safe, professional service. Such can be said only for a handful of the sportsbooks out there let alone any of the few available to U.S. residents.
But that's just the beginning: they also offer incredible half price commission on every NFL game. This adds up to a ton of money over a couple of weeks let alone an entire season and is far and away the best bonus in the industry.
This sportsbook has everything going for it, there’s simply no reason to waste time and money anywhere else.
NFL wagering: Best game in town
Here's why pro football offers the best wagering opportunity:
- Possibility of high returns with relatively low risk. Football wagering allows returns that are as high as other casino games with much less risk. Whereas even the stock market typically offers plus or minus 10% return per year with a high degree of risk, football wagering offers up to a 400% return per season, if wagering the same amount each week. Our worst season over the past 6 years, 58%, still resulted in a 100% return on the average amount wagered per week while the 69% rate we experienced last season resulted in 400%. Not bad for just watching television.
- Easy bankroll preservation. Football wagering is safer than other casino games which typically carry an inherent risk of total loss. If a correct money management system is used, the worst scenario over the course of a football season is simply breaking even.
- Complete access to information. The transparency of the market (ie. the games) and the complete accessibility of information (ie. every possible statistic) allows us to employ our unique analysis which has successfully predicted the past 6 seasons. NFL teams do not self-report statistics nor do games take place behind closed doors to the advantage of insiders. Compare this to horse racing where insiders have access to critical information not available to the public.
- Low commission. Since the odds typically offered are 10 to 11 (ie. wager $11 to win $10), the break/even percentage is 52.4% representing a reasonable 4.8% commission to the sports book for making the market and half that at our recommended sports book. Compare this to horse racing where the commission is typically 20% or more.
- Fun factor. Wagering on pro football is fun and easy unlike many casino games. While poker or blackjack require long tedious hours of play, football wagering involves just watching the game or checking the result.
Money Management
There are two elements to successful wagering. The first is making the picks which this site will do for you. The second is correct money management which you must do for yourself. It is a common mistake to focus on the first element when both are equally important. If either is lacking, then luck becomes the controlling factor since even a winning season will have periodic losing weekends.
Here's why money management is so critical. If all of the season’s wagers were made in one day, money management would be obvious since the bankroll would be safely split among many games. With the bets being laid out several at a time over 17 weeks, a trap is set for the unsophisticated bettor.
The initial challenge is to overcome the illusion that money management is self-evident or that winning will take care of it. At all costs, you must resist the urge of thinking "This game is a sure thing". The wager must remain the same correct amount per game, no matter what the previous weekend or current season record turns out to be.
A money management scheme must address two issues. The first is to preserve the bankroll particularly at the outset of the season so that one or two losing weeks do not prematurely end an entire season. Then, once winnings are in hand, it should allow them to grow at the most optimum rate. We recommend use of one of these schemes:
- Determine an amount that can and will be wagered per game throughout the entire season, win or lose. For example, wager $100 per game only if you can commit to wagering this amount through the entire season, particularly the first couple of weeks regardless of outcome. This strategy makes more sense where money is not a strict issue.
- Set a bankroll for the season and wager the same appropriate percentage of it each game, win or lose. To determine the bankroll amount, a good start is to ask yourself: "How much could I lose in a single season on NFL wagering without worrying". Once the amount of the bankroll is set, then wager the correct percentage per game. There is a recommended guideline referred to as the Kelly system. To simplify for now and until you are playing with winnings, limit your wager to a more conservative 5% per game.
The above is simple advice but very difficult to put into practice. The ability to actually do so separates the winners from the losers, at least for our customers. Hopefully, you won't have to learn the hard way.
