I'm sure you have heard me say: This is a marathon not a sprint! This is one of my favorite expression about advantage sports betting. There is so much out there for the average consumer that makes for bad habits in this sports betting game. Advertisers use big parlays and long shots to make the...
I get a lot of questions from sports bettors about how much to bet on each play in terms of dollar amounts and units. They see people on social media with their 20 unit "whale" plays and think this is a get rich quick thing. People who aren’t new to Krackwins know that the most important thing I...
The Holiday season is here and that means it's not only College Football Bowl season, but also our first 12 team College Football Playoff Bracket is finally here. The first round matchups take place...
The life of a professional sports bettor is not as glamorous as many think. It is not an easy...
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While they may not count in the standings, winners pay like the regular season. In fact, professional bettors account for 50-70% of the money bet on a preseason game. Since the launch of the KrackWins App in 2019, we have gone 40-16-1 on the NFL Preseason, for an absolutely ridiculous 71% win rate. Information is key in preseason games. These games are exhibitions, so coaches obviously approach them that way. They want to avoid injuries to starters and assess their depth chart and cuts. These changes in personnel combined with mostly vanilla play calling produce wild line movement that you would never see in a regular season game. Having good information well before the game kicks off is critical. That info, combined my knowledge of the handicapping markets, translates into a meaningful edge that makes me salivate over these volatile lines. With everyone and their mother is now betting on NFL regular season games, the market is much smaller for the preseason. As such, I do...
Without a doubt, no sports league has grown more in popularity over the last fifteen years than the NBA. Combine that spike in overall interest to the new world of legal sports gambling and you have an explosion of new NBA bettors. The NBA was one of the first sports I bet professionally when I first moved to Las Vegas over twenty years ago. At that time, you’d only find a handful of NBA bettors hanging around the books on a nightly basis. Personally, I have been betting the NBA successfully for over two decades. College and Pro Basketball are staples of building my profit each year and we will begin that climb this week with the start of the 2022-23 NBA Season.
Across the Board A method of wagering on a horse to win, place and show. Action A baseball wager where no pitcher is specified. Also refers to the number of bets being placed on a certain event. ATS (Against The Spread) A method of referring to the result of an event that takes the point spread into account. Also, the act of taking points rather than betting with the spread, or "laying" points. Bacciagaloop A goof, moron, idiot. Bad Beat A right side wager that loses unexpectedly. Beard A friend or acquaintance used to place bets, to conceal the true identity of the real bettor. Book An establishment that accepts bets on the outcome of sporting events. Blood Bucket An establishment or sportsbook that is trying to tough it out (a boxer that has lots of heart, even though he knows he is losing while spitting in to a bucket filled with his blood) Bookmaker/Bookie A person who takes wagers on sporting events. Breaking Balls Making fun of someone. Buck $100 (as in a "buck" bet). Bust...
A lot of people dream to become a professional sports bettor and not to punch a clock or have a boss to answer to. 99% of them will fail. Following these simple rules below will help you move in the right direction. #1- Always have an allotted bankroll specifically for sports betting. This is put aside and will be used to build with. #2- NEVER bet more than 3% of your bankroll on any one event. As an example, IF you have a $10,000 bankroll, your biggest wager should be $300. Your bet amount will increase as you bankroll grows. #3- Do a monthly evaluation. Check your bankroll and write out your bad habits that have cost you money. #4- Most of the bets that you make should have an edge. Compare what numbers you are getting to what the closing number is at the sharper books. If you are beating the closing number the majority of the time, then you are on the right track. #5- Never chase or over bet losses...This is probably the #1 reason that most people fail at trying to become a...
SPORTS BETTING TIPS & TRICKS
Feeling those post-pigskin blues? Never fear…..March is here! The Spring sports season has arrived and for my money, it may be the best time of the year for advantage plays. College basketball teams close out their regular season and make that...
As a professional sports bettor I always get asked after the Super Bowl if I slow down or get to take a break. While my media appearances and obligations do slow down when football season ends, the betting grind does not skip a beat. NBA, College...
The South Point welcomes big bets from sharps so it can refine its odds accordingly. Last weekend, Bill Krackomberger, showed up to bet several thousand dollars on Super Bowl props, which involve player and team statistics. Click here to read the...
As soon as the red wave left Las Vegas, that cold hard reality set in…football season was no more. No more pigskin to fill our Saturdays and Sundays and get us through the workday on Monday. College basketball fans peer ahead to tournament season...
Super Bowl props are easily the best part about the Big Game. From the most casual bettors to the pros – sharp bettors, if you will – all of them can and do get involved. Check out my interview about prop bets with the Vegas Insider.
VIDEO
It’s an all new episode of Wise Kracks sports betting podcast with my cohost Jon Orlando. It was Fight Night in Las Vegas last weekend and I was in attendance at Fury vs. Wilder III, what’s already being called one of the greatest heavyweight boxing matches of all...
Join us for an all new episode of Wise Kracks sports betting podcast. I’m back home in Vegas, while Jon is joining us on video call from… a different part of Las Vegas. He’s over at the Rio for the World Series of Poker, playing one of the feeder events to try to...
It’s an all new episode of Wise Kracks sports betting podcast with co-host, Jon Orlando. This week, we’re going coast to coast, with Jon in Los Angeles while I’m on the beach (almost) in Atlantic City. The traveling has us feeling nostalgic as we kick things off by...
It’s another exciting new episode of Wise Kracks sports betting podcast. My co-host, Jon Orlando, is at home in Vegas as usual, while I’m on the East Coast for a wedding in Long Island. We kick things off with a quick glance at current affairs. DraftKings is making...
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