{"id":1711,"date":"2022-03-24T23:35:23","date_gmt":"2022-03-24T23:35:23","guid":{"rendered":"https:\/\/linksus.net\/college-basketball-betting-tips-from-a-professional-bettor-sporting-news\/"},"modified":"2022-03-24T23:35:23","modified_gmt":"2022-03-24T23:35:23","slug":"college-basketball-betting-tips-from-a-professional-bettor-sporting-news","status":"publish","type":"post","link":"https:\/\/linksus2.linksus.net\/index.php\/2022\/03\/24\/college-basketball-betting-tips-from-a-professional-bettor-sporting-news\/","title":{"rendered":"College basketball betting tips from a professional bettor &#8211; Sporting News"},"content":{"rendered":"<p>Gadoon \u201cSpanky\u201d Kyrollos has been betting on sports professionally for the past 23 years. His resume speaks for itself: He has documented on\u00a0<a href=\"https:\/\/twitter.com\/spanky\/status\/1435978000827310081\">his Twitter account<\/a> the numerous times he\u2019s been kicked out of sports books for winning too much. He bets on everything, but his most profitable sports are college football and college basketball.\u00a0<br \/>You might think that Kyrollos watches every second of every game diligently to find his edge. But you would be mistaken. He\u2019s seen a couple of the games during the NCAA Tournament and found himself rooting for St. Peter\u2019s like the rest of us. Those are the exceptions. For the most part, he doesn\u2019t even watch the games he\u2019s betting on anymore.\u00a0<br \/><b>TSN&#8217;s MARCH MADNESS HQ<br \/> <a href=\"https:\/\/www.sportingnews.com\/us\/ncaa-basketball\/march-madness\/mens\">Live NCAA bracket<\/a> | <a href=\"https:\/\/www.sportingnews.com\/us\/ncaa-basketball\/news\/march-madness-2022-bracket-schedule-scores\/sint7koxx4ym571il5zu6xbv\">TV schedule<\/a> | <a href=\"https:\/\/www.sportingnews.com\/us\/ncaa-basketball\/news\/march-madness-2022-ncaa-tournament-prediction-tool\/i2txin7e81gbaytpxzza1n4e\">Predictor tool<\/a><\/b><br \/>\u201cI kind of fell out of love with sports a long time ago,\u201d Kyrollos told The Sporting News. \u201cI\u2019m not really into watching games. You kind of get immune to [fandom]. You don\u2019t really have favorite teams. You\u2019re betting whatever the value is.\u201d\u00a0<br \/>Kyrollos confessed that he usually doesn\u2019t even know more than a single name of a player on the teams that he is betting. He doesn\u2019t need to in order to win.\u00a0<br \/>\u201cMost amateur sports bettors think that knowledge of sports trends will automatically translate to profitable sports betting,\u201d Kyrollos said. \u201cThis also happens in the media as well. You have ex-NFL players doing analysis and then also giving picks on who they like to cover the spread. But these are two very unique and distinct skills. Just because you know sports doesn\u2019t mean you\u2019re adept at sports betting.<br \/>\u201cWhat I do know is what the lines are worth, what the math behind the lines are. You have to know what the vigorish is (Vigorish is the percentage of the bet that a sports book takes for profit), how much each half-point is worth on the spread, when to use different techniques in order to be able to turn that bookmaker\u2019s advantage and flip it into your advantage.\u201d\u00a0<br \/>For Kyrollos and many other professional sports bettors, the mark of a sharp bettor is that ability to consistently get closing line value. Lines are moving all day, and your bets should be more advantageous than if you had placed them right before they closed.\u00a0<br \/>\u201cLet\u2019s just say I bet the Knicks +5 at 10 a.m., and they go down to +3 by 7 p.m.,\u201d Kyrollos said. \u201cI\u2019m still getting my +5 so I have an advantage. Focus on trying to beat the closing line and you will win in the long run.\u201d<br \/>In Kyrollos\u2019\u00a0example, the Knicks would have to lose by fewer than five points for him to win his bet that he placed that morning. They would have to lose by fewer than three if he had placed that same bet later in the day. His morning bet therefore beat the closing line.\u00a0<br \/>So how does one learn how to get closing line value? Kyrollos has honed it through decades of experience. Unfortunately, there aren\u2019t any million-dollar shortcuts.\u00a0<br \/>Much of learning how to bet successfully involves developing pattern recognition skills. Kyrollos estimates that his team of around 10 employees spends 13 hours per day in front of a computer screen analyzing line movements. He\u2019s also used his background of studying computer science in college to automate programs to assist him.<br \/><strong>MORE: <a href=\"https:\/\/www.sportingnews.com\/us\/ncaa-basketball\/news\/march-madness-winners-and-losers-wild-first-weekend\/intccq9in3b7moxcf2uxqxf4\">March Madness winners and losers from a wild first weekend<\/a><\/strong><br \/>Another more bottom-up approach to winning in sports betting would be to build a model to predict the outcome of games. Math and programming experts can use past performance data to handicap lines themselves, then see where their models differentiate from the odds offered by sports books.\u00a0<br \/>For the more amateur, or \u201csquare\u201d bettors, there are some less time-consuming tricks of the trade to help you perform better with your bets.\u00a0<br \/>First, it\u2019s important to know what not to do. Anyone can be a self-proclaimed betting expert, and it\u2019s important to be able to weed out good information from bad. Touts, or people who try to sell picks, are rarely trustworthy.<br \/>\u201cIf somebody is selling something, most likely they\u2019re a con. Not in all cases but in most cases,\u201d Kyrollos said. \u201cYou have to ask yourself, is this person a professional bettor? If they are, why do they need my $50 or $100 when they\u2019re betting sports professionally? Are they really losing sports bettors disguised as pros? And is this business financing their addiction, which is most likely the case.\u201d\u00a0<br \/>Another big red flag is bragging about completely unsustainable winning records.<br \/>\u201cThe best pros in the world are happy at 55 or 56 percent wins, which is a monster earn,\u201d Kyrollos said. \u201cYou can have a great life. Anything above these numbers, I would be wary of.\u201d\u00a0<br \/>Finding an honest tout to give you picks may be close to impossible. But the information on how to teach yourself how to make sharp picks is out there.\u00a0<br \/>In Kyrollos\u2019\u00a0<a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/be-better-bettors\/id1493902736\">\u201cBe Better Bettors\u201d podcast<\/a>, you won\u2019t hear picks. But you will hear stories from some of the most respected names in the sports-betting world about how they came up in the industry. Kyrollos doesn\u2019t make money off the podcast (he\u2019s turned down sponsorships), and the releases are sporadic. His motivation is to give back to the betting community.\u00a0<br \/>Kyrollos also recommends \u201cThe Complete Book of Sports Betting\u201d by Jack Moore, which he read to get his start. The one big piece that he took from it was the importance of line-shopping. He recommends learning that skill as the quickest way for novices to improve.<br \/>\u201cHave accounts at 10, 15 different sports books. And if you\u2019re going to bet a team, look through all the books and get the best price,\u201d\u00a0Kyrollos said.\u00a0\u201cMost people are lazy. They\u2019re like, no, I\u2019m just going to play FanDuel because that\u2019s the book that I play. It takes a little bit of effort, but shopping really reaps its rewards.\u201d\u00a0<br \/>The other easy way for beginner bettors to vastly increase their chances of winning is to take heavy advantage of the promotions that sports books offer to new customers. Caesar\u2019s recently offered what Kyrollos called \u201can insane\u201d $5,000 free bet to new customers, for example. Many books offer other forms of free bets, deposit matching and bonuses that they take at a loss in exchange for customer acquisition.\u00a0<br \/>\u201cThere are professional groups that travel all around the country that are making hundreds of thousands of dollars taking advantage of these promotions as they launch in new states,\u201d Kyrollos said. \u201cYou just got to do a ton of legwork. It\u2019s a short-term earn to build up a bankroll. I\u2019m at a point right now where I\u2019m looking for more long-term plays, but I\u2019m not going to knock anyone for doing it.\u201d\u00a0<br \/><strong>DECOURCY: <a href=\"https:\/\/www.sportingnews.com\/us\/ncaa-basketball\/news\/march-madness-2022-ranking-16-best-remaining-teams-ncaa-tournament\/jitjkl6adb6obi27rg4sftcc\">Ranking the Sweet 16<\/a><\/strong><br \/>Another way to hammer out an advantage is to pay attention to breaking injury news and get bets down during the short window that they stay on the board. Kyrollos coded a program to go through Twitter, blogs and other news sources and do the work of 25 or 30 people. But it\u2019s possible for amateurs to do the same thing at a much smaller scale.<br \/>\u201cIf you read a lot [of injury news] and have a team,\u201d\u00a0Kyrollos said,\u00a0\u201cyou will be able to beat the sports books.\u201d\u00a0<br \/>Kyrollos said that learning to place winning bets is the easy part of any professional sports bettor\u2019s job. The hard part is finding out how to prevent getting kicked out once you start winning. We will cover those travails in Part Two of our conversation and explain how professional bettors are being frozen out of sports books across the country.\u00a0<\/p>\n<p><a href=\"https:\/\/www.sportingnews.com\/us\/ncaa-basketball\/news\/college-basketball-betting-tips\/nzhagi3p7ne9g8xvqvegqkp7\">source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gadoon \u201cSpanky\u201d Kyrollos has been betting on sports professionally for the past 23 years. His resume speaks for itself: He has documented on\u00a0his Twitter account the numerous times he\u2019s been kicked out of sports books for winning too much. He bets on everything, but his most profitable sports are college football and college basketball.\u00a0You might [&hellip;]<\/p>\n","protected":false},"author":869,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/linksus2.linksus.net\/index.php\/wp-json\/wp\/v2\/posts\/1711"}],"collection":[{"href":"https:\/\/linksus2.linksus.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/linksus2.linksus.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/linksus2.linksus.net\/index.php\/wp-json\/wp\/v2\/users\/869"}],"replies":[{"embeddable":true,"href":"https:\/\/linksus2.linksus.net\/index.php\/wp-json\/wp\/v2\/comments?post=1711"}],"version-history":[{"count":0,"href":"https:\/\/linksus2.linksus.net\/index.php\/wp-json\/wp\/v2\/posts\/1711\/revisions"}],"wp:attachment":[{"href":"https:\/\/linksus2.linksus.net\/index.php\/wp-json\/wp\/v2\/media?parent=1711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/linksus2.linksus.net\/index.php\/wp-json\/wp\/v2\/categories?post=1711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/linksus2.linksus.net\/index.php\/wp-json\/wp\/v2\/tags?post=1711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}