A Sports Handicapper’s Most Important Skill: Discipline
Books on other ‘winnable’ gambling pursuits like horse racing and poker are good resources of theoretical information for the sports gambler. While for some reason there hasn’t been much written specific to the sports handicapper that deals with the discipline from a serious theoretical level, there are countless books devoted to a thoughtful discussion of horse racing and poker.
Poker literature is especially applicable to the sports handicapper because both can be very profitable for a knowledgeable, experienced and skillful pro. Poker expert Bob Caro has noted that while there are a number of professional gamblers specializing in poker and sports wagering there’s not a single person who can honestly say they play roulette for a living.
Basically, this is because that no combination of skill, strategy or money management can negate the house edge in roulette and many other casino games. While Caro likes to stress the importance of the decisions that a poker player makes to his long term profitability, in roulette player decisions simply don’t matter over the long haul. Red or black, even or odd, the house edge remains the same.
Caro argues that one of the poker players most valuable weapons is discipline at the table. The reason for this is that the average person goes into a casino for precisely the opposite reason”he wants to have some downtime away from the discipline and order that circumscribes the rest of his life. He wants to down a few cocktails, leer at some cocktail waitresses, and throw some money around for awhile. Hes not worried about theoretical return on investment, pot odds or other concepts of serious play. Casinos exist for the sole reason of providing him all of the escapism he wants while they slowly use their house advantage to make a profit off of him. Granted, poker operates differently in terms of the house advantage but the motivation that drives the recreational gambler to the poker table is no different than that which drives him to the slot machines or blackjack layout.
The importance of discipline that Caro imparts to poker players also applies to serious sports gamblers. The most fundamental component of sports gambling success is to look at it with the same degree of seriousness, discipline and professionalism that you would any other vocation. It’s crucial to rework your thought processes to those of a professional, and abandon all vestiges of the ‘recreational gambler’s’ approach to betting. The greater degree to which you can be disciplined and methodical in your sports gambling, the greater your level of success and profitability.
Now, I have no problem with recreational sports gamblers”or any other recreational gamblers for that matter. Recreational sports gamblers are, in fact, crucial to the survival of those of us who do this for a living. Theyre not our prey”like they are for the poker professional”but a thriving recreational sports gambling industry keeps the sportsbooks in business, and what I do is utterly useless if my book doesnt pay me.
If you want to bet recreationally, thats fine and unless you have the dedication and discipline to do it right its probably better for most people. You might be able to win more often and lose less frequently with some enhanced discipline. Ultimately, however, as a recreational gambler the only discipline you really need to know is the same as for other casino games or any hobby”just dont bet more than you can afford to lose. After that, youre on your own.
Ross Everett is a staff sports handicapper for Anatta Sports and is in charge of providing free sports picks to a variety of Internet and broadcast media outlets. He is a widely published freelance writer specializing in sports handicapping, drag racing, wombat breeding and falconry. He lives in Las Vegas with three Jack Russell Terriers and a wombat.