computer scientist sports betting system

Money management and discipline: Walters says in his book that bettors shouldn't be betting more than one to three percent of their bankroll on any bet.Īnd a big part of money management is not chasing losses.

'If you don’t have multiple accounts, if you don’t shop around for the best price and you don’t understand what the right price is to lay for each half-point, you don’t understand how a point spread compares to the moneyline and you don’t know the true odds you’re laying on some of these bets, you’ve got no chance,' Walters said. Getting the best prices on odds and the most favorable spreads - and also understanding if +2.5 at -110 odds or +3 at -130 odds is the better play, something Walters charts in his book - was one of Walters' key tips for winning. That might not seem like a big deal, but finding that difference is the key between winning and losing bettors, Walters said.

Play at multiple sportsbooks and shop for the best lines: One sportsbook might have the Green Bay Packers at +2.5. 'The plan doesn’t have to be that sophisticated,' Walters said. Walters boiled down his key pieces of advice for new bettors, or even veteran bettors who need some reminders. The many factors he weighs before betting any NFL game, and the point value he puts on each of those factors, is a highlight of the book. In chapters 21 and 22 of his book, Walters lays out a 'master class' and 'advanced master class' in sports betting. 'I want to give them some basic information if they’re going to do it, so at least they have a chance.' Billy Walters' tips for sports bettors 'The people getting involved, I want them to understand the good and the bad,' Walters said. He also said the widespread legalization of sports betting also pushed him to share advice. Walters is 77 years old and felt now was the time to share his stories. He goes into detail about doing prison time for his conviction in an insider stock trading case. The book shares not only his betting strategy tips, but also wild tales about high-stakes wagers of all kinds, the various characters that have been in his orbit (including Phil Mickelson, whose betting exploits which Walters shares in the book have gotten a lot of attention), his upbringing in Kentucky and the mistakes he made along the way.

I wouldn’t have even considered it,' he said in a phone interview. 'I wouldn’t have put this gambling information in a book 10 years ago for $10 million. Walters has famously kept his bets and his strategies to himself through more than three decades of beating sportsbooks. Walters' book, 'Gambler: Secrets from a Life at Risk,' will be released on Tuesday.

Computer scientist sports betting system