Articles

By Harry Crane

There are a lot of great resources out for learning how to win at sports betting.  Some of my favorites are this article by Matt Buchalter, and Spanky’s Be Better Bettors podcast. This isn’t one of them. This article is about losing.  Knowing how to lose is more important than knowing how to win.  Why? …

By Harry Crane

In “sophisticated” betting circles, the Kelly Criterion is accepted as the single correct way to determine your optimal bet sizing.In plain English, the Kelly criterion says: Bet bigger when your edge is bigger and your chance of winning is higherbut bet less when your edge is smaller and your chance of winning is lower.  At face value, this makes …

By Harry Crane

Many of U.S. sportsbooks offer a large “risk free” first bet to attract deposits from new customers. The amount of the risk free first bet usually ranges from $500 to $5,000.  If you’re like most people, “risk free” sounds like something that has no risk.  You couldn’t be blamed for thinking that a $5,000 “risk free” bet is a free chance to make $5,000 or $10,000 without any risk.  But you’d be wrong …

By Harry Crane

There are 3 primary ways to get an edge as a sports bettor. We can have 1) better information, 2) better execution, or 3) better models than the sports book.  If you’re a bettor and you can’t identify which of 1-3 applies to you, then you probably don’t have an edge. In fact, even if you know where your edge comes from, there’s a good chance your edge is smaller than you think it is …

By Harry Crane

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