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What makes you a square bettor?
Square bettors — often referred to as “Average Joes”, “recreational bettors” or “squares”, make up the majority of the sports betting market.
For this reason, they are considered the betting public.
Square bettors bet for fun and consider sports betting as a form of entertainment, not a full-time job.
Square bettors bet small amounts of money and do so largely based on gut instinct, bias and emotion, focusing almost exclusively on big named sporting events.
When square bettors look to bet on a game, they almost always back the “better” team. For this reason, they always gravitate toward favourites, home teams, their favourite teams and teams with better records and more star players than their opponent.
Square bettors also tend to favour overs, instead of unders.
Because it’s not fun to root for boring and low-scoring games.
So at its core a square bettor is 90% of the betting population.
What defines a sharp bettor?
Sharp bettors — commonly known as “sharps,” “pros” or “wise guys”, are professional bettors with long track records of success.
They are seasoned veterans who have years of betting experience under their belt and live, eat and breathe sports betting.
Sharp sports bettors are analytical and data-driven.
They bet based purely on value of betting numbers and not teams.
They only place a bet when they have a perceived edge, which means they’ve identified an advantage over the bookies.
They are both fearless but disciplined and are not afraid to bet on the underdog or unpopular teams, as long as they see value.
They’re also not afraid to walk away if the value isn’t there.
Many sharp sports bettors create their own power rankings and models to come up with their own odds on a game. Once they set their own numbers, they’ll compare their internal data to the odds posted by the bookies.
If they see a large discrepancy and it offers value they will pounce.
The sharp sports bettors judge themselves not only by wins and losses, but by how often they beat the closing line.
They know that picking the right side is only half the battle.
Sharp betting is also about getting the best number. Unlike square bettors, who typically bet through only one bookmaker, sharps have access to multiple bookies so they can “shop for the best odds.”
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So, how can you become a sharp sports bettor?
Sports betting is hard. If it was easy, everyone would quit their jobs, bet on sports and become millionaires.
Having realistic expectations is key to being a successful, long-term sports bettor.
Everyone starts off as a square bettor. The goal is to get 0.01% sharper each day.
Until next time,
Head Tipster, The Winning Streak Team