betus sportsbook bonus offer
MB-SQUARES

What You Should Know About Paid Pick Services

Scott Morris | August 7, 2014

Ever since I can remember, so-called expert handicappers have been selling picks. I remember back in the day watching a group of handicappers such as Wayne Allyn Root on WGN Saturday mornings in the fall. They were all pay-for-a-pick handicappers that were promoting their services.

It was an entertaining show. I wasn’t a sports bettor at the time because I was young. But I always got a kick out of their, “I’m unbeaten in my Lock of the Week” claims. I didn’t know if they were telling the truth or not. I was too young so what did I know? As I got older and became interested in betting on sports, I did a bit of research on these pay-for-a-pick services. Here’s what I’ve learned:

They’re just like stock brokers

If you are so skilled at sports betting that you can win 70%+ of the time, you’ll make millions at the sportsbooks. What’s the point of selling your picks? You don’t need the money. The best sports handicappers don’t just give away picks for $9.99. It would be foolish. Just like a stock broker that claims a stock is a guaranteed goldmine.

If that stock really was a guaranteed goldmine, why would he want to share this information with others? It doesn’t make sense. Does that mean you shouldn’t seek the advice of a licensed broker? No. They can help you make smart financial decisions. But they’re really just blowing smoke. Same with a sports handicapper that makes ridiculous claims.

It’s always a small sample size

Even the worst handicapper gets some games right. It’s impossible to wager on more than, say, twenty games at not have at least a winner or two. A mediocre handicapper can find a way to make them appear to know what they’re talking about.

Let’s say you went 100-100 ATS last year in NFL games. Since you need 53% winners to turn a profit, that would be a losing season. However, if you dig deep, you could find a segment of games you did well over a small sample size. For example, maybe you were 13-4 on Monday Night Football games. It’s not that you’re just so great at picking Monday Night games. That’s more of a coincidence. If you dig deep, you’ll find a segment of games where you did outstanding. It doesn’t prove anything.

Is It wasted money?

Paying for picks can be a killer to your bankroll, even if the handicapper is legit. Think about it. You have to win 53% of your games to turn a profit. The best handicappers only win 60% or so of their games. If you’re spending $10 per game, that’s going to eat at your profits. You’ll have to win far more than 53% of your games in order to turn just the slightest profit.

You don’t need a pay-for-a-pick service. You need to improve your game. Our website is a great resource. We give picks away for free because we don’t feel you should pay for them. Plus, we give away some great advice for free. Instead of spending for a handicapping service, read our advice articles on here and check out our free picks. Why pay for something you don’t need?

SBA Minutes

In this section we will post updates and notes about the current betting day/week/season. Check back daily.

Lopsided Action Report

NFL

SMU +8.5 (45% of tix & 28% of $)
PSU -8.5 (55% of tix & 72% of $)

This is the only game of the day with lopsided action.

 

Get Notified by Email When There is a New Post

Loading