The Importance Of Discipline To Sports Betting Success
Books on other ‘winnable’ gambling pursuits like horse racing and poker are good resources of theoretical information for the sports gambler. While for some reason there hasn’t been much written specific to the sports handicapper that deals with the discipline from a serious theoretical level, there are countless books devoted to a thoughtful discussion of horse racing and poker.
On one level, this is likely due to the fact that poker”like sports gambling”is a pursuit in which the knowledgeable and skillful practitioner can overcome the theoretical odds against him. To paraphrase the great poker theoretician Bob Caro, there are some professional blackjack players and sports gamblers in addition to professional poker players. There may even be a few professional horse players (though the house edge against the horse player is a hefty 17% or so). In the entire world, however, there is not one professional roulette player.
Basically, this is because that no combination of skill, strategy or money management can negate the house edge in roulette and many other casino games. While Caro likes to stress the importance of the decisions that a poker player makes to his long term profitability, in roulette player decisions simply don’t matter over the long haul. Red or black, even or odd, the house edge remains the same.
Caro strongly emphasizes the importance of discipline at the table to a poker player’s long term profitability. The average person goes into a casino to “escape” from the real world–in other words, he goes into a casino to temporarily forget the need for discipline that exists in day to day life. He wants to have a few drinks, do a little gambling and enjoy a break from the mundane. Casinos exist to facilitate this ‘escape’ while using their mathematical edge to turn a profit. While poker operates somewhat differently in terms of the casino making money, the motivation that drives a recreational poker player to the tables is no different than in any other casino game.
Caro’s emphasis on discipline in poker is also true for the serious sports gambler. The foundation of a professional sports bettor’s long term success is to approach it with the same discipline, rigor and professionalism that he would any other job. If you continue to think about it in the same terms as the recreational gambler does, you’re in for a difficult road. The more seriousness that you bring to your sports betting, the higher the likelihood that you’ll be successful.
This isn’t to say that there’s anything wrong with being a recreational sports gambler. In fact, those of us who do this professionally *need* recreational players–they’re the financial lifeblood of the casino and sportsbook industry. Handicapping sports would be pretty pointless without a bookmaker to take our bets.
If you want to bet recreationally, thats fine and unless you have the dedication and discipline to do it right its probably better for most people. You might be able to win more often and lose less frequently with some enhanced discipline. Ultimately, however, as a recreational gambler the only discipline you really need to know is the same as for other casino games or any hobby”just dont bet more than you can afford to lose. After that, youre on your own.
Ross Everett is a consulting handicapper for Anatta Sports and is in charge of providing daily free sports picks to a variety of websites and broadcast media outlets. He is a widely published freelance writer specializing in sports handicapping, auto racing, clogging and falconry. He lives in Southern Nevada with three dogs and a wombat.
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