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Should You Pay for Betting Picks?

Whether you are new to sports betting or you have been at it for a while, you have doubtless seen advertisements for spots betting picks.  Betting picks are offered for a fee by professional handicappers, who clearly are in a position to make some solid predictions.  Do you need to pay the self-proclaimed experts to tell you how to bet?  Or is it a waste of money?  How reliable are these predictions, and are they worth it?

There is no reason you need to pay for betting picks.  If you are willing to do the hard work to develop your own strategies, you will not be relying on somebody else.  Plus, when you rely on another person’s strategies, you lose control over your betting.  If you are trying to make consistent, regular income from online sports betting, you want to exert as much control over it as you can.  The better your understanding of the games and the stronger your own techniques are, the better your chances are of becoming a pro yourself.

If you do have reliable betting strategies, and you are winning more than you are losing, you may only complicate your betting by bringing in opinions from others.  Doing so may cause you to second-guess yourself when your own strategies are already working perfectly well.  Adding another expense does not make a lot of sense at this point, since you are already working hard to profit.

It also wouldn’t make sense to pay for picks if you are a really casual bettor only betting small amounts of money (a few dollars on this game or that one).  At that point, the picks would be more expensive than is reasonable given the amount of money you have a chance to win. 

So when would it make sense to pay for picks?  There are some situations where it would make sense.  Maybe you are on a losing streak, and you are looking for a way to make back some money while you work on honing your strategies.  Buying some picks could help you not only make back some of what you have lost, but also perhaps gain some perspective on what you have been doing wrong.  Another situation where buying picks would be sensible would be where you want to keep betting, but you have been busy lately and have not had the usual amount of time to think about strategy. 

In both the situations above, you are probably a fairly casual gambler—but you are betting more than a few pounds on games.  A serious punter will still not rely on someone else’s knowledge to bet, even when they are busy or on a losing streak.  They will stop betting until they are able to sort out their own betting system and get back to winning.  If you are serious about becoming as knowledgeable and successful as the people selling these systems, focus your time, energy and money into building your own.  Otherwise, purchase picks when the benefit will outweigh the cost.

See out top list of UK betting sites and read about what to look for in an online betting site.

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New to sports betting?

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Gambling on the Internet

A few things to consider when gambling online:

  • Take advantage of first deposit bonuses
  • Have a budget and stick to it
  • Don't lose more than you can afford
  • When drunk, don't bet!
  • Don't chase losses
  • Bet on markets you know well
  • Don't abuse bonuses