I’m asked many times. What’s the point of using a handicapper? I have been asked this question hundreds of times throughout my betting career, and I feel like I have always had a pretty good answer. In my opinion, based on facts, most people do NOT have the time and/or energy to pour over game statistics and trends; to do the kind of research it takes to be successful over a long period of time betting on sports. People claiming they win 90% of the time they bet or they “know a guy” who has inside info and hits like 80% every single year. The problem is, that every time I have asked to have these players send in their plays so we can track them, they never live up to the hype. A good handicapper is going to hit around 57-60%, give or take, throughout any given season (it may be higher or lower in some sports, for instance, baseball, which relies heavily on the money line).
So what? You say. Anyone can hit 60% of their picks. Right? The fact of the matter is that your average bettor wins more like 45% of their best over the course of the year. Most people remember “the good times” when they won 10 of 12 bets, etc. and think the winning will last forever, but it does NOT. Some people can be successful by making a few quick, big bets and cashing out, but, for the most part, this method of betting is going to drain your bankroll more often than it is going to fill it up.
Let us look at some quick math to see why it is worth signing up with a consistent handicapper, like myself, for more than just a day.
For the sake of argument, let us assume you are an above-average bettor that likes a moderate amount of action and you bet $110 per game to win $100. Let us say you bet on 28 games over the course of a week, and you do pretty well. You hit 15 of your 28 games (54%, well above average). So you won $1500 and lost $1430 for a total profit of $70.
Instead, let us say you pay for a handicapper that wins 57% of his games, on average. You pay $150 for a weekly package and he goes 16-12 (57%). In this case you would have won $1600, lost $1320, giving you a profit of $280, minus the cost of the package ($150), giving you a total profit of $130. Not bad, and certainly better than the $70 you won on your own.
Now, let us say you choose a handicapper that has an good week and hits 17 of 11 picks (61%). The cost of the package, again, is $150 (which is about average). You would have won $1700 and lost $1210 for $490, minus the package you’re still walking away with $340 in profit.
So, what’s the point? The point is that even the smallest percentage matters. In the cases above, hitting just 1 or 2 more bets per week is going to pay for itself. If you come into betting with a handicapper thinking he is going to hit every single game every single night of every month, you are always going to be disappointed. But if you come into the experience with the right mindset, a more realistic one, that a handicapper can help you win more games over a given period of time and help you to maximize your profits, you will have a good handicapping experience. Just remember that any improvement in the % of the bets you win is going to help you in the long run.
WARNING: pick a handicapper that bets on one sport at a time since no one is good at picking winners of all sports games. As for myself, I specialize in the NBA and then MLB when in season.
Thanks for reading and good luck!