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Sports BettingAnnouncements

Disney’s ESPN Bet Fighting to Surpass US Sports Betting Giant

Tony Cutillo
written by Tony Cutillo

For decades, Disney Corporation has been a lot more than Mickey Mouse and the Magic Kingdom. The company has ventured in recent years into many areas that aren’t necessarily considered child entertainment. Still, there’s no question about Disney’s dominance in theme parks and animated movies, but can it also become a major force in sports betting?

In August 2023, Disney-owned sports media company ESPN announced it was making a move into the regulated US sports betting market, which is now legal in 38 states. A $1.5 billion deal was signed between gambling company Penn Entertainment and ESPN. And on November 15, 2023, the new sportsbook ESPN Bet was launched in 17 states.

The group expected a pretty easy entry into the market, even though it’s highly competitive. ESPN is the United State’s biggest sports media brand. The company has more than 105 million unique visitors on its digital channels every month. Its social media channels have more than 370 million followers, and its streaming service, ESPN+, has more than 25 million subscribers.

ESPN Chairman Jimmy Pietro said: “Our primary focus is always to serve sports fans, and we know they want both betting content and the ability to place bets with less friction from within our products. The strategy here is simple: to give fans what they’ve been requesting and expecting from ESPN. Penn Entertainment is the perfect partner to build an unmatched user experience for sports betting with ESPN Bet.”

But in the meantime, one of ESPN Bet’s main competitors, Flutter Entertainment, owner of FanDuel, shows explosive growth, with stock prices rocketing and outperforming other companies in the marketplace.

Key Points to Note:

  • ESPN Bet posted modest revenues of $31.5 million in Q4/23
  • Penn Entertainment posted a $358.8 loss for the quarter, stating that the loss came from an investment in ESPN Bet.
  • FanDuel earned Flutter $4.4 billion in revenues in 2023, up from $3.1 billion in 2022.
  • FanDuel reported an EBITDA of $65 million for 2023, compared to a $347 million loss in 2022.
  • Flutter Entertainment generated $11.7 billion in 2023, a 24.9% increase year-on-year.

Ziv Chen, a contributing writer to thesolitare.com said: “The US sports betting market is new; it’s only been around since 2018, and every state rolls out its regulated sports betting market gradually, once it is signed into law. So there’s a process of being first on the ground, educating customers, building trust, signing sponsorships with local teams and organizations, and more. FanDuel and DraftKings have been doing just that, so ESPN Bet certainly has a place and potential to grow, but it needs to be patient and understand that first-mover advantage counts, and they weren’t there first.”

SOURCE www.thesolitaire.com and www.rizeandreactmedia.com

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Sports BettingAnnouncements

Global Sports Betting Market Forecasted to Surge Beyond $143.73 Billion by 2027

Tony Cutillo
written by Tony Cutillo

Sports Betting Market size to grow by USD 143.73 billion from 2023-2027, Market growth at 10.09% CAGR expected during the forecast period.

The global Sports Betting Market size is estimated to grow by USD 143.73 billion from 2023 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 10.68% during the forecast period. APAC held the largest share of the global market in 2022, and the market in the region is estimated to witness an incremental growth of 42%. 

Technavio has segmented the market based on type, Type (Basketball, Horse riding, Football, and Others) and Geography (APAC, Europe, North America, South America, and Middle East and Africa). 

  • The basketball betting segment is poised for significant growth, offering various wagering options like point spreads and over/under bets. The market, valued at USD 50.17 billion in 2017, benefits from the rise of NBA events and online platforms like DraftKings and Bet365, driving industry expansion.

Geography Overview
By geography, the global sports betting market is segmented into APAC, Europe, North America, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global sports betting market.

  • APAC is expected to contribute 42% to the global industry’s growth. Regional trends vary, with emerging APAC countries betting on cricket, horse racing, and soccer. Regulations vary, from China’s strict controls to the US’s expanding sportsbook operations. Latin America shows potential, with states like Texas and Florida implementing legislation to address growing interest. While gambling is banned in Singapore, India’s fantasy sports platforms, like Dream 11, drive industry growth.

The Digital Revolution is a Key Factor Driving the Betting Industry’s Growth

The digital revolution propels the betting industry’s growth, with global Internet penetration surpassing 63% in 2021, led by APAC. Cloud platforms for data storage, increased online transactions, and faster Internet speeds have transformed the landscape. Consumers now prefer online betting due to easy access, mobile apps, and advanced statistics, enhancing market growth.

  • A prominent trend in the worldwide market is the growing influence of technologies like blockchain, virtual reality, and AI, particularly machine learning. The market is anticipated to expand due to heightened consumer demand driven by technological advancements. Key market players are directing substantial investments toward machine learning tools, yielding promising predictive results. It is imperative to monitor betting trends. 
  • Scandals and illegal practices in betting are key factors hindering the growth of the industry. The recent legalization in the US has led to a focus on preventing corruption. Match-fixing scandals have arisen, leading to efforts to identify and prevent fraud. Sportradar’s Universal Fraud Detection System (UFDS) helps monitor sports integrity, with football being the most susceptible.

Insights on Market Drivers, trends, & Challenges, historic period (2017 to 2021) and forecast period (2023 to 2027)

What are the key data covered in this Sports Betting Market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the Sports Betting Market between 2023 and 2027
  • Precise estimation of the size of the Sports Betting Market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the Sports Betting Market industry across APAC, Europe, North America, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of Sports Betting Market vendors

The Sports Betting Market is experiencing rapid growth, driven by the rise of Digital Sports Betting platforms and the increasing popularity of online gambling worldwide. According to DataReportal, convenience and the availability of remote sports betting options have contributed to the market’s expansion, with secure transaction methods ensuring a seamless betting experience for consumers.

Major sporting events like the FIFA World Cup and European Championships continue to drive significant activity in the sports betting sector, particularly in the football segment. The American Gaming Association reports that the penetration of smartphones has further fueled the growth of online sports betting, with an increase in female participation observed.

Cashless transactions and the adoption of mobile application-based lottery games have revolutionized the industry, attracted a broader audience, and drove revenue growth. Leading firms, such as Betsson and OpenBet, are expanding their operations globally, with collaborations and licensing agreements enhancing their market presence.

The integration of Blockchain Technologies is also reshaping the sports betting landscape, offering enhanced security and transparency. As the global online gambling market continues to expand, the sports betting market is expected to maintain its position as one of the fastest-growing segments, driven by innovation, consumer demand, and strategic partnerships within the industry.

Market Overview:

The Sports Betting Market experiences dynamic growth fueled by technological developments and digitalization trends. Online sports betting markets, including eSports betting, attract modern consumers through seamless experiences offered by betting operators and betting software. Football, horse-racing, basketball, tennis, and baseball remain prominent in diverse sports betting options. Mobile devices and online platforms drive accessibility, enhancing the market’s expansion globally. Regulatory landscapes influence betting activities, with fixed odds wagering gaining traction. Technological innovations in betting software ensure a diverse range of options for players, reflecting the broader global population’s lifestyle choices. With increasing internet infrastructure and proliferation of smartphones, the market witnesses financial growth, with players engaging in competitive benchmarking and leveraging historical data to capitalize on regional opportunities and stay abreast of the latest trends. Pure Win emerges as a significant player in the online sports betting market, capitalizing on the fastest growing market segment. Furthermore, collaborations such as Uplatform and ventures like Betsson’s collaboration with Racing Club de Avellaneda and Betsson’s license in France, along with expansions like OpenBet Expansion in the United States, underscore the market’s rapid evolution.

Related Reports:

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

SOURCE www.technavio.com and www.rizeandreactmedia.com

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Sports BettingAnnouncements

Sports Betting Industry Players Establish New Gaming Association to Elevate Industry Standards

Tony Cutillo
written by Tony Cutillo

The Responsible Online Gaming Association (ROGA) brings together seven of the largest U.S. online sports betting and gaming operators to develop and advance responsible gaming practices. Recognized responsible gaming leader Dr. Jennifer Shatley to serve as Executive Director.

The Responsible Online Gaming Association (ROGA), an independent trade association launched today by seven of the largest U.S. legal mobile gaming companies, will actively promote a new industry-wide best practices charter, overseen by one of the world’s foremost experts in the field of responsible gaming (RG). 

This unprecedented effort will be led by Dr. Jennifer Shatley, a deeply respected responsible gaming executive with more than 25 years of experience in the industry. She will serve as ROGA’s full-time Executive Director, and her role will be to facilitate widespread education to all relevant parties on the subject of responsible gaming.

ROGA will embark on a series of initiatives under Dr. Shatley’s direction. These include research, consumer and industry responsible gaming education and awareness, promoting responsible gaming best practices, an independent data clearinghouse, and an independent certification program.

Demonstrating their commitment to this endeavor, initial member companies – who together represent more than 85 percent of the legalized online sports betting and iGaming industry – have pledged more than $20 million in support of ROGA’s mission in year one. ROGA’s member companies include BetMGM, bet365, DraftKings, Fanatics Betting and Gaming, FanDuel, Hard Rock Digital and PENN Entertainment.

“I am humbled, honored, and excited to be selected to lead ROGA during this important period of growth in legalized mobile gaming,” said Dr. Shatley. “Many of America’s largest legal mobile gaming operators will be establishing a framework that helps to aid in responsible gaming education and awareness. Together, our members will work alongside researchers, experts, regulators and stakeholders to promote responsible online gaming and maximize our efforts to support additional responsible gaming education and awareness. By coming together with a clear set of objectives, ROGA and our members will work to enhance consumer protections and help provide easier and more efficient access to responsible gaming tools for consumers to enjoy the entertainment of online gaming.”

About ROGA’s Mission

ROGA will operate with a specific purpose, centered around key pillars of focus, with an aim towards driving the most meaningful impact toward responsible gaming education.

  • Research – ROGA will advocate for and fund independent research into gaming-related issues, such as the effectiveness of RG measures and impact of RG measures aimed at promoting sustainable play.
  • Promoting Responsible Gaming Best Practices – ROGA will encourage and advocate for the application of responsible gaming best practices that can be utilized across the industry.
  • Consumer and Industry Responsible Gaming Education and Awareness – ROGA will serve as a vehicle to drive both consumer and industry responsible gaming education and awareness and encourage responsible advertising and marketing practices within the industry.
  • Independent Data Clearinghouse – In close coordination with member companies, ROGA aims to create, via an independent clearinghouse, a database which will facilitate information sharing — allowing a mechanism for industry-wide protection of consumers.
  • Independent Certification Program – ROGA will establish an independent certification program to assess members’ responsible gaming efforts, providing operators with an objective independent evaluation of their responsible gaming policies and procedures.

About Dr. Jennifer Shatley
Leading ROGA will be newly appointed Executive Director, Dr. Jennifer Shatley. An innovative responsible gaming executive with more than 25 years of experience in the industry, Dr. Shatley has been the catalyst for the development and innovation of numerous “firsts” in the gaming industry. A recognized expert in the field and a highly sought speaker and advisor, Shatley works closely with the treatment community, academics, researchers, government bodies, state councils, and gaming industry representatives. She currently serves as President for the Nevada Council on Problem Gambling, is a member of the National Council on Problem Gambling, and Co-Chairs the Compliance Review Board for the American Gaming Association’s Responsible Marketing Code for Sports Wagering.

For more information on the Responsible Online Gaming Association, visit www.ResponsibleOnlineGaming.org.

ABOUT ROGA
The Responsible Online Gaming Association (ROGA) brings together the nation’s seven largest online gaming operators to advance the industry’s commitment to promoting responsible online gaming. Collectively, ROGA members have committed more than $20 million to fund rigorous academic research and consumer education and awareness campaigns, develop an independent data clearinghouse of players who display high-risk attributes, develop an independent certification program that will assess operators’ responsible gaming programs based on defined criteria, and drive education and awareness initiatives aimed at consumers and the industry. Learn more at www.ResponsibleOnlineGaming.org 

SOURCE Responsible Online Gaming Association and www.rizeandreactmedia.com

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DP World TourSports BettingGolf

Dubai Desert Classic Preview: DeepDiveGolf’s Tournament Analysis, Weather, And Advice

DeepDiveGolf - David Bieleski
written by DeepDiveGolf - David Bieleski

The DP World Tour remains in Dubai for another week for one of the season highlights. As a Rolex Series event, this is not only one of the best fields but also one of the largest purses. The list of past winners reads as a who’s who of European golf. It is often a marker of golfers we can expect big futures from. Included in that list is Rory McIlroy. I met a curly haired 16 year old amateur McIlroy here in 2006. He would achieve his first ever tournament win here in 2009 and has thrice lifted the famous coffee pot trophy. Emirates Golf Club was also my home course for the 8 years I lived in Dubai. Hopefully, that additional local experience helps our Dubai Desert Classic preview.

A very young DeepDiveGolf at the Dubai Desert Classic with Lee Westwood
A very young DeepDiveGolf with Lee Westwood at a coaching clinic 2007 Dubai Desert Classic

As frustrated as Rory will be after the inaugural Dubai Invitational, where he really should have won, it is perhaps easy to feel the same about our week. However, I feel quietly positive after the tournament. It was always going to be a tricky event to tip. Firstly, markets were dominated by McIlroy and eventual champion Tommy Fleetwood at very short single figure odds. Further, the golf course had not been used on tour for 24 years. It took some extensive diving into 1990s leaderboards!

I was pleased to see our extra deep-dive analysis proved true. We nailed the winning score, our course comps worked perfectly, and key metrics were spot on. Frustratingly, our three golfers named as last off the card all made the top 10 with Thriston Lawrence runner-up. Overall, I take it as a positive our analysis was so accurate. It bodes well entering our Dubai Desert Classic preview and the season as a whole.

Rory McIlroy is in the Dubai Desert Classic field in our preview

Emirates Golf Club Course Analysis

The Majilis course at Emirates Golf Club plays host to the Dubai Desert Classic, as we preview what to expect from the golf course this week. This venue has held the tournament since 1989, except for 1999 and 2000 when last week’s Dubai Invitational venue Dubai Creek hosted briefly. Whereas Dubai Creek is a short and narrow course, the Emirates is a long and expansive property. The Majilis course plays as a 7,428 yard par 72 and is one of the longest golf courses on the DP World Tour.

That provides the first clue of what is required for success here. A strong driver is well correlated to success here. Rory McIlroy is obviously one of the best in the business with that club. Bryson DeChambeau is a past champion with a record of 18-1-8 here. Other past champions Lucas Herbert and Viktor Hovland can send the ball out there, as can Sergio Garcia who is both long and straight with the driver.

Our second clue comes from approach play. Obviously, several of those already named are some of the best ball-strikers in the business. Names like Paul Casey, Lee Westwood, Tyrrell Hatton, and Ian Poulter add to that list. Putting also receives an uptick here compared to other golf courses.

The bulk of scoring will happen on the back 9. That features 3 par 5s and the par 4 17th which is drivable if you cut the corner. This culminates in dramatic final hole, with a carry over water required if going for the green in two. It always make for an exhilarating end of the round. Being able to draw the ball is a big positive, with majority of key holes playing right-to-left.

The 18th hole could decide the tournament for our Dubai Desert Classic preview
The 18th hole at Emirates Golf Club

Emirates Golf Club Comp Courses

Firstly, it pays to highlight in our Dubai Desert Classic preview that prior course form is vitally important. This is the most correlated golf course on the DP World Tour for prior form as a predictor to future success. We have seen a number of players become course specialists. Perhaps none more so than Stephen Gallacher. He held an insane record here of 10-2-1-1-3-MC-9 between 2011 and 2017. 20% of his career Top 5s came right here.

There has also been a link between the Majilis Course and Augusta National. Both Danny Willett and Sergio Gracia won The Masters they same year they lifted the Dubai Desert Classic trophy. Although the struggles of Rory at The Masters are well documented, part of the frustrations come from the fact he has also recorded 7 Top 10s.

Spaniards have always done well here. Golf on the Iberian Peninsula provides a good guide to Middle East golf. This is likely a combination of warmer weather, coastal winds, and the creativity required especially on approach. Garcia, Cabrera-Bello, Quiros, Jimenez, Olazabal, and Seve Ballesteros have all won here. The Seve factor often plays a part for Spanish golfers.

Neighbouring Jumeirah Golf Estates, host of the DP World Tour Championship, is a good guide. It ticks a driver friendly course with low scoring, comfortability in Dubai, and performance in a high class field featuring the best golfers of the year.

Eichenreid is notoriously a brutal driving course and has very strong links. Haotong Li, Hovland, Stenson, Els, Willett, Jimenez, Bjorn, and Montgomerie have all won at both golf courses. If we extend that to runner-ups, the list is even more extensive.

Dubai Desert Classic Weather Preview

It would be remiss to not speak about weather in any Dubai Desert Classic preview. The Middle Eastern tournaments are notorious for onshore breezes. With hot coastal locations like this, the land heats up throughout the day. As the land heats up, so does the air above it which then rises. This creates an area of low pressure, and see colder air from over the ocean rush onto land.

This used to be so predictable that I always tried to play the back 9 first if playing an afternoon tee-time. The winds would come in around 1pm, remaining for 3-4 hours before fading towards dusk. It meant avoiding a really tough stretch of holes from 6 to 9 into the wind. Winds have played a large part in many tournaments, none more so than in 2020 when wind specialist Lucas Herbert was victorious.

Currently, our premium modelling suggest winds look very high on the Wednesday but relatively calm during tournament play Thursday-Sunday. We will keep a sharp eye on this as the week develops, as any wave advantage here can often be very distinct and clear.

Make sure you check-in to our WinDaily Discord channel for the latest weather updates prior to tournament start.

Dubai Desert Classic Preview Golf Betting Tips

Thank you for reading my Dubai Desert Classic preview and deep-dive tournament analysis.
If you would like access to my golf betting tips and player profiles for the Dubai Desert Classic, premium customers can find these here.

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We are so confident in our pricing that we guarantee this will be our best deal ever in 2024. Basically, if you see a cheaper price advertised in 2024 we will happily refund you the difference on your annual membership.

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I look forward to welcoming you into the WinDaily family and celebrating many, many wins with you in 2024!

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Sports Betting

Common Sport Betting Mistakes To Avoid: The 5 betting errors people make most often

DeepDiveGolf - David Bieleski
written by DeepDiveGolf - David Bieleski
Frustrated losing money betting? Here are the most common sport betting mistakes I encounter

As a golf analyst, one of the questions I am most often asked is what I do differently to others. Fact is, the vast majority of sport bettors will lose money. Bookmakers are not in the business of losing money. Actually, Americans have lost a reported $245billion on sports betting since restrictions loosened in 2018. However, sometimes it is the things you don’t do which are just as important as the actions you do take. I have many years of measured and consistent profit in the betting tips I provide. My hope for you is that, if you do choose to gamble, you do so in a safer and more informed manner. Here are the most common sport betting mistakes which I encounter on a regular basis.

Common Sport Betting Mistakes: Great Expectations

First in the common sport betting mistakes I come across is sport bettors unrealistic expectations. It is great to have goals. It is fantastic to have a dream. Simply put, you are extremely unlikely to get rich quick from gambling. Any website or tipster who advises you that you can gain enormous wealth immediately using their system is lying to you. Yes, you might get lucky and randomly hit one very big parlay. But, in actuality, sports betting is a grind. Any edge that exists is in the margins and is, generally, small.

For example, take my results for the past two years. In the 2022 golf season, I showed a return on investment of +25%. In 2023, we had a return on investment of +33%. That 2023 result would be the equivalent of placing a single bet of -303. Of course this is spread across an entire year, therefore lowering your risk compared to placing one rather large bet.

Sure, those results exceed the performance of the S&P 500. But, that is the result of years of gradual progress. And it places my results in some of the best and most consistent in the golf betting industry.

Therefore, sports gambling should primarily be for fun. You should never, ever, bet more than you can afford to lose. Bankroll management is key. Your maximum bet size should not exceed 1-2% of your total funds you are prepared to invest. Approach it responsibly and with the full knowledge that you could lose everything you put in.

Common Sport Betting Mistakes: Gambler’s fallacy

Another common sport betting mistake is known as the gambler’s fallacy. In short, many gamblers believe that prior results mean a future result is near guaranteed to happen. Roulette provides perhaps the easiest analogy. If a black number has fallen 7 times in a row, some gamblers will believe that the next number should surely be red. After all, the roulette wheel will fall on red and black roughly the same percentage of the time right?

The fact is, each spin of the roulette wheel is a completely independent event. The wheel does not remember that the last 7 spins were black. Your odds are still exactly the same. For red or black, that is 48.65% for a single zero wheel (and don’t even get me started on people who choose to play a wheel with two zeroes!) Over a long period of time, it will trend towards that number. But most gamblers seem to think in a very short timeframe.

Of course, in sport betting, recent form is still a very important factor to consider. However, you should focus on self-awareness and avoid falling into the trap of gambler’s fallacy. No golfer is ever “due” to win. Also, just because a golfer won last week doesn’t mean they are less likely to win the following week because they got their “usual” one win for the year. Each tournament is a new event, on a different golf course, in variable conditions, and with a new field. Your bets should be based in evidence and research. Be precise and measured in your approach.

Common Sport Betting Mistakes: Convoluting probability and value

Perhaps the most common error I find sport bettors making is confusing probability and value. First, we need to understand what expected value is. This uses elements of game theory and implied probability.

Every time you place a bet, that bet has an expected value. Going back to the roulette example, on a single zero wheel the expected value is -2.7%. That is to say that, over time, you can expect to lose 2.7% of your gambled amount. This is calculated as the 37 possible numbers on the wheel, where 19 results being losing bets and the other 18 being where you double your amount bet.

The only way to consistently win at sport betting is to place bets with a positive expected value. My role is to provide you with selections where the odds on offer are not a fair reflection of the golfer’s actual chances. For example, if Rory McIlroy is given odds of +1900 to win a golf tournament, the bookmaker is saying he has a 5% chance to win that tournament. However, if our research and projections show that he actually has a 7% chance to win the tournament then an opportunity exists. That +2% difference between the implied odds and the projected probability is the small margins I allude to.

YouTube player

I often find people confuse probability and value. Some will make statements claiming a certain golfer will never win. Others will say that one golfer is much more likely to win than another. Those statements can both be true. However, the odds often reflect this reality. The better golfer is more than likely lower odds as a result. Instead, you are better to simply remain focused whether each set of odds truly reflect the probability of that event occurring.

Common Sport Betting Mistakes: Not tracking results

It amazes me how many sports bettors do not track their bets. And that likely means that you actually already know you are losing money sport betting.

Unfortunately, this is also all too common from multiple touts. I surmise that, more often than not, the reason they don’t is because they are afraid to look. Find tipsters that you respect and enjoy reading, but also look for those that transparently publish their profit and loss for better or worse.

Can you imagine a business that never calculated what it was spending and what it revenue was? Undoubtedly, the future of that business would be untenable. You should take the same approach with your sport betting. Be transparent and honest with yourself. If you are ok losing money sport betting and are doing so responsibly whilst gaining enjoyment, then that is fine. That is something for you to decide. If you are determined to try make a little money sport betting, then you should know where you are to determine where you are trying to go.

Sportsbooks will produce a profit and loss statement for you. I prefer a more manual approach, as there is useful data to be gained from knowing specifically what type of bets win and learning from mistakes I’ve made. Either way, you should know what you are spending and where.

Common Sport Betting Mistakes: Going on “gut feeling”

Let’s face it. Sportsbooks likely know more than you do. After all, it is their job and sole reason for existence. They have teams of highly skilled experts covering every sport, limiting their exposure, and complicated algorithms to project likely outcomes. They are likely investing more time into research and models than you are. If not for time, their models are likely better than yours.

Have you accurately assessed every golfer in the field, the type of golf course they are playing, what the weather conditions will be, and any and all other factors potentially impacting on the event? Hand on heart, I would struggle to ever say I’ve taken every single possible factor into account. Some factors are also simply unknown. Take when Erik Van Rooyen won for us in 2023 at 80/1. I had no idea when I recommended the bet that this factor was in play:

Scottie Scheffler doesn’t care about that funny feeling in your stomach that tells you he is going to play well this week. Too often, I see people celebrating bets they won which they placed on a “hunch”. You should avoid like the plague any touts who use language like “I’ve got a feeling” too often. Sports betting isn’t based on feelings. In fact, it should be as emotionless as possible.

Don’t bet on players because you like them and think you are a successful sport bettor. Conversely, don’t fade players simply because you dislike them. It should be a statistical and analytical approach. You are looking for opportunities where the chance of the golfer winning is greater than their odds suggest.

Avoiding common sport betting mistakes

Stick to a system

Much akin to tracking your bets, you should also be methodical in your approach to sport betting. One big error I see punters make is placing too many bets. Just because a tournament is on, doesn’t mean that you have to bet it. In certain events, I won’t produce any tips. Commonly, this is because the field is too small and there exists no statistical edge to any bet as the hold the books have is simply too strong. In other circumstances, we might have poor or incomplete date for many golfers in a weaker field as they do not play enough higher profile tournaments.

Following a system prevents such errors as suddenly betting significantly more after a big win. Infinitely worse is those who are chasing losses. When you’ve lost more money than you are comfortable, you need to appreciate that the money is gone. Throwing more money on the fire is rarely going to put it out. Instead, take the time to reflect on your gambling and whether it is at a level that is actually sustainable and safe for you.

By being consistent and methodical in your approach, you can mitigate this risk. I follow a system with clear unit sizing based on the perceived edge we have between the implied odds and projected probability. I typically select between 5-8 golfers each week where the highest expected value exists. This does not vary week to week. As you increase your bankroll, you can begin to slowly increase your stake as long as you remain below your total weekly limit of % of your bankroll.

Shop your odds

It should go without saying, but you need to shop your odds. I appreciate this can be frustrating, as it often results in needing multiple accounts with different bookmakers to obtain the best odds.

However, as already noted, we so often operate under small margins in sport betting. The difference between a golfer being priced +2000 and +2500 looks small on paper. What that really means is you have given up a free 1% of implied probability. The lower the odds, the smaller deviation from the best odds is required to provide a rather substantial difference.

This cuts directly into your margin and potential profit. There are many websites out there which will give you an overview of what odds each bookmaker is offering for an event. Use them.

With all my selections, I provide detailed information of the exact odds used and where they were obtained at time of publication. This makes it easy for you and gives you the peace of mind that you’re backing a selection with a positive expected value.

If you can find better odds than I have published at another reputable bookmaker, then even better! But do be careful with golf betting and place terms for each-way bets, as these can affect the implied probability even though the headline number may be the same.

Take yourself out of the equation

If you are determined to be a better sports bettor, one of the best things you can do is to invest in a WinDaily Sports premium membership.

Yes, my selections have been proven to be profitable over a substantial period. I don’t promise that you will get rich quick. But, we have shown to turn a profit consistently over time and I can guarantee you will have fun along the way. You can have all the thrill of cheering on your golfers each week, with less risk and time than doing the extensive research required yourself.

You gain access to all of our premium golf articles with betting tips and DFS player pools, but also premium access to ALL sports that WinDaily Sports cover. With experts in nearly every field, no one provides better value.

However, one of the best aspects of a premium membership is access to our premium Discord channel.
You will be able to receive one-on-one coaching with myself and others, as well as asking me directly any questions you have.

For the start of a new golf season, we have a special offer on our premium memberships.
We are so confident in our pricing that we guarantee this will be our best deal ever in 2024.

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I look forward to welcoming you into the WinDaily family and celebrating many wins with you in 2024!

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Announcements

Win Daily Announcement: The Sharp App Launch!

Uriah Wesson
written by Uriah Wesson

WIN DAILY SPORTS FAMILY! First and foremost, thanks for being a loyal member of the Win Daily community. Over the last 3 years, we have achieved numerous five and six-figure wins in both DFS and the sportsbooks as we worked to make sure each and every member was provided with one of the best resources and communities on the market. We have new tools that we are about to unleash on the DFS side in time for the NFL season, but today we are excited to announce the launch of our new Sports Betting App called The Sharp App! The Sharp App combines the best of what Win Daily Bets and Sports Bet Army has to offer to create the best sports betting experience on the market. You can find the app for both Apple and Android devices.

We have taken all of our betting pros and tools from Win Daily Bets and combined them with the team and tools from Sports Bet Army to bring the best-in-class features to the Win Daily community. The Sharp App will provide you with Live Comparison Odds, Bet Tracker,  Free Bet of the Day, Daily Betting Articles, Live Shows, and a Sports Betting Master Class called The Sharp Academy.

Go To Sharpbets.app!

Click the image below and subscribe to the Sharp App YouTube channel! There you will find videos teaching you the ends and outs of everything related to sports betting. We are also live on all social media apps for quick access to betting advice from over 20 of the best sports bettor in the business. Check us out on Twitter, Facebook, Instagram, YouTube, and
TikTok.

All of your favorite sports bettors, content creators, and handicappers from both Sports Bet Army and Win Daily Bets are here and ready to help you win big at your sportsbook!

As a bonus, if you pre-order The Sharp App today you will receive 1
month free of our sports betting pick service at SharpBets.App. SharpBets.app will be providing daily picks from betting pros, gaining you access to our proprietary prop betting model, sport-specific betting models, and access to our private expert chat on discord.

If you have any questions about the Win Daily Announcement: The Sharp App Launch please feel free to reach out to any of us on the WinDaily Discord chat or @WinDailySports on Twitter. We are incredibly thankful that you are a part of the Win Daily Family and are excited for you to be a part of the best community of sports bettors in the business. Let’s make this this biggest year ever!

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